DCM Shriram has announced that ICRA Limited has reaffirmed its credit ratings for the company’s various debt instruments. The ratings include [ICRA]AA+ (Stable) for long-term fund-based facilities totaling ₹1,019.82 crore and ₹1349.00 crore, as well as for unallocated limits. Short-term facilities received [ICRA]A1+ ratings.
ICRA Affirms Strong Credit Profile for DCM Shriram
DCM Shriram Limited has received positive affirmation of its credit ratings from ICRA Limited. This update, dated 30th October 2026, confirms the financial institution’s confidence in the company’s robust creditworthiness and stable outlook.
Key Ratings Reaffirmed
ICRA has reaffirmed the [ICRA]AA+ (Stable) rating for DCM Shriram’s long-term fund-based facilities. These include:
- Term Loan amounting to ₹1019.82 crore.
- Cash Credit facility valued at ₹1349.00 crore.
- Long-term / Short-term Unallocated limits, rated at ₹17.96 crore.
- Fixed Deposits Programme, also rated [ICRA]AA+ (Stable), for ₹40.00 crore.
Furthermore, ICRA has reaffirmed the [ICRA]A1+ rating for:
- Short-term Fund based – WCDL, with an amount of ₹100.00 crore.
- Short term non fund based limits, rated at ₹1500.00 crore.
The company’s Commercial Paper Programme, valued at ₹120.00 crore, has been reaffirmed and withdrawn at [ICRA]A1+. This reaffirms DCM Shriram’s sound financial management and its ability to meet its financial obligations.
The detailed rating information is also accessible on the company’s investor relations website.
Source: BSE
