Prism Johnson Limited has received a significant upgrade in its credit ratings from India Ratings & Research. The company’s non-convertible debentures and bank loan facilities have been upgraded to ‘IND AA-/Positive’ from ‘IND A+/Positive’. Additionally, its commercial paper program has been affirmed at ‘IND A1+’. These upgrades reflect the company’s robust financial health and positive future outlook.
India Ratings Upgrades Prism Johnson’s Credit Profile
Prism Johnson Limited announced on August 6, 2026, that India Ratings & Research Private Limited (‘India Ratings’) has upgraded the company’s credit ratings. The non-convertible debentures and bank loan facilities have been upgraded from ‘IND A+/Positive’ to ‘IND AA-/Positive’. This upgrade signifies enhanced creditworthiness and a stronger financial footing for the company.
Commercial Paper Rating Affirmed
In addition to the facility upgrades, India Ratings has also affirmed the rating for Prism Johnson’s commercial paper program at ‘IND A1+’. This rating indicates a very strong capacity for repayment of short-term obligations.
Withdrawal of Fixed Deposit Rating
The rating for the company’s fixed deposit facility has been withdrawn by India Ratings. This action is in line with India Ratings’ policy on withdrawal of ratings, as there are no longer any outstanding unsecured term deposits maintained by the company.
Stable Outlook for Other Facilities
Ratings for the company’s Non-Fund Based Working Capital facility and Unsecured Short Term Loan facility remain unchanged, continuing at ‘IND A1+’. The positive outlook for these facilities reflects sustained confidence in the company’s short-term financial stability.
Document Enclosed
The official disclosure document published by India Ratings detailing these rating actions and outlook is enclosed with this communication for the information and record of the stock exchanges.
Source: BSE
