The Expert RA rating agency has assigned the credit rating of Alium JSC, part of Binnopharm Group LLC, at the ruA level with a stable outlook.
The rating of Alium JSC was determined taking into account the high degree of integration of the company into Binnopharm Group and was assigned on the basis of the company's consolidated IFRS financial statements. The Alium plant is one of the key operating assets of Binnopharm Group.
Alium JSC occupies a significant position in the structure of Binnopharm Group: the company accounts for more than 30% of cash flow and assets, while its operating activities are closely linked to other structures of the holding.
Alium JSC's own creditworthiness is characterized by a moderately high industry risk profile, medium market positions, high margins, comfortable debt burden, limited liquidity and a moderately low level of corporate risks. The company demonstrates stable financial performance and plans to further develop its biotechnology business, including issuing a debut bond loan to finance its investment program.
The credit rating of Binnopharm Group, ruA, influences the assessment of Alium, and is due to the moderately high level of the industry's risk profile, strong market and competitive positions, high business margins, acceptable debt burden, high liquidity and low corporate risks.
Binnopharm Group has been granted the status of "under supervision" due to the growing debt burden and the dynamics of the group's financial results in the first half of 2025.
Anna Garmanova, Financial Director of Binnopharm Group: "Alium's acquisition of a credit rating at the ruA level confirms the stability of its financial profile and its significant role in the group. The status of "under supervision" for Binnopharm Group is largely due to the growing debt burden associated with a large-scale investment program: the development of the company's product portfolio, including high-tech solutions, as well as the construction of one of the largest and most modern warehouse complexes in the Southern Urals. We are confident that in the medium term, these investments will ensure an increase in sales volume and marginality, which will significantly strengthen the company's financial stability."
Please note that this press release is based on materials provided by the company. AK&M Information Agency shall not be held liable for its contents, nor for the legal and other consequences of its publication.
