Pricol Limited has announced that its credit rating for fund-based facilities of INR 145 Crore has been upgraded by CRISIL. The rating has been revised from ‘Crisil A-/Stable’ to ‘Crisil A+/Positive’. This upgrade was confirmed on January 30, 2026, indicating a positive outlook for the company’s financial stability.
Credit Rating Upgrade Details
CRISIL has upgraded Pricol Limited’s credit rating for its fund-based facilities, specifically those totaling INR 145 Crore. The new rating stands at ‘Crisil A+/Positive’, marking an improvement from the previous rating of ‘Crisil AA-/Stable’. This upgrade reflects CRISIL’s assessment of Pricol’s enhanced financial risk profile and operational efficiency.
Revised Rating and Outlook
The rating upgrade, effective as of January 30, 2026, signifies a ‘Positive’ outlook for Pricol. This positive revision is based on CRISIL’s assessment of the company’s long-term financial standing. The upgrade implies that CRISIL anticipates that Pricol will maintain or improve its current financial performance and stability over the foreseeable future.
Source: BSE