CareEdge Global IFSC Limited has assigned Shree Cement a long-term Foreign Currency Issuer rating of ‘CareEdge BBB+ with a stable outlook’. This rating reflects the company’s strong operational performance and financial strength. Shree Cement continues to maintain its highest rating of ‘AAA/Stable’ for its long-term credit facilities and ‘A1+’ for short-term credit facilities. In May 2025, Care Edge assigned the company an ESG Score of 70.8.
Credit Rating Update
Shree Cement has been assigned a long-term Foreign Currency Issuer rating of ‘CareEdge BBB+ with a stable outlook’ by CareEdge Global IFSC Limited. This rating is among the highest in India and reflects the company’s strong operational and financial capabilities.
Existing Credit Ratings
The company continues to maintain its highest rating of ‘AAA/Stable’ for its long-term credit facilities. It also retains a rating of ‘A1+’ for its short-term credit facilities, demonstrating a robust credit profile.
ESG Score
In May 2025, Care Edge assigned Shree Cement an ESG Score of 70.8, along with a rating symbol of ‘CareEdge-ESG 1’. This score indicates strong adherence to Environmental, Social, and Governance practices within the organization.
Source: BSE
