Adani Ports and Special Economic Zone Limited (APSEZL) has received updated credit ratings from India Ratings and Research Pvt. Ltd. The agency has affirmed existing ratings for the company’s Non-Convertible Debentures (NCDs) and Commercial Paper, while also assigning new ratings to proposed debentures and bank loan facilities. The company continues to maintain strong credit standing with IND AAA/Stable and IND A1+ ratings across its various debt instruments.
Credit Rating Summary
In an update provided on April 1, 2026, India Ratings and Research reaffirmed the financial stability of Adani Ports and Special Economic Zone Limited. The assessment covers a range of financial instruments, reflecting the company’s sustained credit profile in the market.
Breakdown of Assigned and Affirmed Ratings
The rating agency assigned or affirmed the following instruments:
- Proposed NCDs: Rs. 64 billion rated IND AAA/Stable (Assigned).
- Existing NCDs: Rs. 108.52 billion rated IND AAA/Stable (Affirmed).
- Commercial Paper: Rs. 67 billion rated IND A1+ (Affirmed).
- Bank Loan Facilities: Rs. 90.20 billion rated IND AAA/Stable/IND A1+ (Assigned) and Rs. 10 billion (Affirmed).
Strategic Financial Outlook
The IND AAA rating signifies the highest degree of safety regarding timely servicing of financial obligations, while the IND A1+ rating indicates the strongest capacity for timely payment of short-term debt. These ratings underscore the company’s continued operational excellence and robust financial health as it navigates its growth strategy in the logistics and ports sector.
Source: BSE
