Sumitomo Chemical India Ltd has received a reaffirmation of its long-term credit rating from CRISIL Limited. The agency has maintained the CRISIL AA/Stable rating for the company’s total bank loan facilities amounting to ₹200 crore. This reaffirmation underscores the company’s sustained financial stability and robust creditworthiness, reflecting continued confidence from the rating agency regarding its ability to meet financial obligations.
Financial Stability Confirmation
Sumitomo Chemical India Ltd officially announced on April 29, 2026, that its credit profile remains strong. Following a periodic review, CRISIL Limited has reaffirmed the credit rating for the company’s bank facilities. The long-term rating is maintained at CRISIL AA/Stable, a designation that signifies a high degree of safety regarding the timely servicing of financial obligations.
Rating Details
The rating applies to the company’s total bank loan facilities, which are valued at ₹200 crore. The ‘Stable’ outlook reflects the agency’s expectation that the company will continue to maintain its steady operational and financial performance. This rating serves as a benchmark for the company’s solid fiscal standing and reinforces its reputation in the debt markets.
Source: BSE
