Balrampur Chini Mills Limited has received a reaffirmation of its credit ratings from India Ratings & Research Private Limited. The credit rating agency has maintained IND A1+ for the company’s INR 9,000 million Commercial Paper Programme and IND AA+/Stable for its INR 3,000 million Term Loan. This development reflects the company’s sustained financial stability and strong credit profile in the current fiscal environment.
Credit Rating Overview
On May 13, 2026, Balrampur Chini Mills Limited announced that India Ratings & Research Private Limited has completed its review of the company’s credit facilities. The agency has affirmed the existing ratings, signaling continued confidence in the company’s ability to meet its financial obligations.
Details of Rated Facilities
The rating agency has maintained the following credit classifications:
- Commercial Paper: Rated IND A1+ for an issue size of INR 9,000 million.
- Term Loan: Rated IND AA+/Stable for an issue size of INR 3,000 million.
Comprehensive Debt Profile
The company maintains a diversified debt structure across its total banking facilities. The total Commercial Paper Programme remains at INR 9,000 million, which holds dual ratings from Crisil Ratings Limited and India Ratings. Additionally, the Total Bank Loan Facilities, amounting to INR 45,697.50 million, are supported by an IND AA+/Stable rating for the portion held by India Ratings and a Crisil AA+/Stable rating for the INR 42,697.50 million portion managed by Crisil Ratings Limited.
Source: BSE
