RR Kabel Limited has announced a significant upgrade in its credit ratings by India Ratings and Research Private Limited. The long-term bank facilities rating has been upgraded to IND AA/Stable, while the short-term facilities have been affirmed at IND A1+. These upgrades reflect the company’s robust financial performance and positive outlook. The revised ratings are effective from 16 September 2026.
RR Kabel’s Credit Rating Enhancement
RR Kabel Limited has received positive news regarding its creditworthiness, with a notable upgrade in its ratings from India Ratings and Research Private Limited. This announcement, made on 16 September 2026, signifies enhanced financial stability and confidence in the company’s operational performance and future prospects.
Revised Facility Ratings
The ratings for RR Kabel’s Long-Term Bank Facilities have been upgraded to IND AA/Stable. Previously, these facilities were rated IND AA-/Stable. Furthermore, the company’s Short-Term Bank Facilities, which amount to ₹13,040 million, have been affirmed at the highest short-term rating of IND A1+. Another set of Long-Term Bank Facilities, amounting to ₹30,000 million, have also been assigned an IND AA/Stable rating.
Impact and Outlook
These upgraded ratings are expected to benefit RR Kabel by potentially reducing its cost of borrowing and improving its access to credit markets. The affirmation of the short-term ratings underscores the company’s strong liquidity position. The company has made this information available on its website and provided a direct link to the press release from India Ratings.
Source: BSE