CCL Products (India) Limited has been assigned credit ratings by ICRA Limited. The fund-based facilities, including long-term loans and other fund-based instruments, have received an ‘[ICRA] AA (Stable)‘ rating, totaling ₹1,155.80 crore. Additionally, its non-fund-based facilities have been rated ‘[ICRA] A1+‘, amounting to ₹45 crore. These ratings affirm the company’s strong credit profile and its ability to access debt financing.
ICRA Assigns Strong Credit Ratings to CCL Products
CCL Products (India) Limited has received new credit ratings from ICRA Limited, underscoring the company’s robust financial standing and its ability to manage its debt obligations effectively. The announcement, dated July 30, 2026, details the ratings assigned to the company’s various banking facilities.
Fund-Based Facilities Rated ‘AA (Stable)’
ICRA has assigned an ‘[ICRA] AA (Stable)‘ rating to CCL Products’ fund-based facilities. This includes long-term fund-based ‘others’ amounting to ₹1,125.80 crore and long-term fund-based term loans worth ₹29.20 crore. The ‘Stable’ outlook suggests that ICRA expects the company’s credit quality to remain unchanged over the medium term. The total fund-based facilities rated are ₹1,155 crore.
Non-Fund-Based Facilities Rated ‘A1+’
Furthermore, the company’s short-term non-fund-based facilities have been assigned an ‘[ICRA] A1+‘ rating. This rating, assigned to instruments totaling ₹45 crore, indicates the highest capacity for timely payment of financial obligations. This rating is crucial for the company’s short-term borrowing needs and operational requirements.
Context of Ratings
These ratings are in addition to the credit ratings previously disclosed by India Ratings & Research on April 27, 2026. The detailed rating report from ICRA Limited is provided as an enclosure for further reference. The company is required to inform ICRA of any significant developments that could impact its debt servicing capabilities.
Source: BSE
