ICRA Limited has reaffirmed the credit ratings for The Ramco Cements Limited’s financial instruments. The ratings apply to instruments including commercial paper and various long-term and short-term loans, providing stability and assurance to investors. This reaffirmation reflects ICRA’s continued confidence in The Ramco Cements’ financial standing and ability to meet its obligations. The ratings are effective as of December 19, 2025.
ICRA’s Rating Reaffirmation
The Ramco Cements Limited has received reaffirmation of its credit ratings from ICRA Limited for a range of financial instruments, effective December 19, 2025. These ratings provide insight into the company’s financial health and its capability to manage its debt obligations.
Details of Reaffirmed Ratings
The following credit ratings have been reaffirmed by ICRA:
- Commercial Paper: A1+ (reaffirmed) for ₹900.00 crore
- Long-term – Fund based – Term Loan: AA+ (Stable) (reaffirmed) for ₹2902.00 crore
- Long-term – Unallocated limits: AA+ (Stable) (reaffirmed) for ₹707.00 crore
- Long-term – Fund based – Others: AA+ (Stable) (reaffirmed) for ₹855.00 crore
- Short-term – Non-fund based – Others: A1+ (reaffirmed) for ₹585.00 crore
- Short-term – Fund-based – Others: A1+ (reaffirmed) for ₹3112.00 crore
Implications of the Ratings
These reaffirmed ratings indicate a stable outlook for The Ramco Cements Limited, suggesting that ICRA has confidence in the company’s ability to maintain its financial performance and meet its obligations over the foreseeable future. The ratings will undergo surveillance within a year, according to the initial communication.
Source: BSE
