PTC India Limited has received reaffirmed credit ratings from ICRA Limited for its instruments. The company’s short-term fund-based facilities, totaling ₹2,000 crore, and short-term non-fund based limits, amounting to ₹4,500 crore, have been reaffirmed at [ICRA]A1+. Additionally, the issuer rating has been reaffirmed at [ICRA]AA (Stable). These ratings reflect the company’s stable financial outlook.
ICRA Reaffirms Key Credit Ratings for PTC India
PTC India Limited announced on September 16, 2026, that it has received reaffirmed credit ratings from ICRA Limited. This development pertains to the company’s various financial instruments and indicates a stable outlook on its creditworthiness.
Rating Details
The following credit rating actions have been taken by ICRA’s Rating Committee:
- Short Term Fund Based Facilities (Cash Credit): Rated amount of ₹2,000 crore. Rating action: [ICRA]A1+; reaffirmed. Financial Sector Regulator: RBI.
- Short-term – Non-Fund Based Limits: Rated amount of ₹4,500 crore. Rating action: [ICRA]A1+; reaffirmed and assigned for enhanced amount. Financial Sector Regulator: RBI.
- Issuer Rating: Reaffirmed at [ICRA]AA (Stable).
The total rated amount for these facilities stands at ₹6,500 crore.
Credit Rating Letter Enclosed
The detailed credit rating letters from ICRA Limited are enclosed with this intimation for the information and records of the stock exchanges. PTC India Limited will also host this information on its official website, www.ptcindia.com.
Source: BSE
