CRISIL has reaffirmed its credit ratings for Cyient’s bank facilities. The long-term rating remains at CRISIL AA/Stable, and the short-term rating is reaffirmed at CRISIL A1+. The total bank loan facilities rated amount to ₹90 Crore. These ratings reflect CRISIL’s ongoing surveillance and review of Cyient’s financial standing.
CRISIL Ratings Maintained
Cyient has received confirmation from CRISIL Ratings that its existing ratings for bank facilities have been reaffirmed. The announcement was made on September 23, 2025. CRISIL consistently monitors the ratings of companies and may revise them based on new information or changing circumstances.
Detailed Ratings Breakdown
The following ratings have been reaffirmed by CRISIL:
- Long Term Rating: CRISIL AA/Stable
- Short Term Rating: CRISIL A1+
- Total Bank Loan Facilities Rated: ₹90 Crore
Facility-Wise Details
The ₹90 Crore of rated facilities is comprised of several types:
| Bank Guarantee | Oriental Bank of Commerce Limited | ₹15 Crore | CRISIL A1+ |
| Letter of Credit | Oriental Bank of Commerce Limited | ₹5 Crore | CRISIL A1+ |
| Loan Equivalent Risk Limits | Oriental Bank of Commerce Limited | ₹10 Crore | CRISIL A1+ |
| Packing Credit | Oriental Bank of Commerce Limited | ₹30 Crore | CRISIL AA/Stable |
| Packing Credit in Foreign Currency | Citibank N. A. | ₹30 Crore | CRISIL A1+ |
Source: BSE
