CRISIL has reaffirmed the credit ratings for Amber Enterprises India Limited. The long-term rating is reaffirmed at CRISIL AA-/Positive, and the short-term rating is reaffirmed at CRISIL A1+. Both ratings have been removed from ‘Rating Watch with Developing Implications.’ The ratings apply to the company’s bank facilities, which total ₹3252 Crore.
Credit Rating Reaffirmation
Amber Enterprises India Limited announced that CRISIL has reaffirmed its credit ratings on the company’s bank facilities as of November 20, 2025. This decision reflects CRISIL’s assessment of Amber Enterprises’ financial stability and operational performance.
Key Rating Details
The following ratings have been reaffirmed:
- Total Bank Loan Facilities Rated: ₹3252 Crore
- Long Term Rating: Crisil AA-/Positive (Removed from ‘Rating Watch with Developing Implications’; Rating Reaffirmed)
- Short Term Rating: Crisil A1+ (Removed from ‘Rating Watch with Developing Implications’; Rating Reaffirmed)
The removal from ‘Rating Watch with Developing Implications’ indicates a stabilization of the factors that previously warranted closer monitoring by CRISIL.
Detailed Bank Facility Ratings
The ₹3252 Crore in bank facilities are distributed across various banks and include fund-based facilities and term loans. Here’s a summary:
| Bank | Facility Type | Amount (₹ Crore) | Rating |
|---|---|---|---|
| IDFC FIRST Bank Limited | Fund-Based | 300 | Crisil AA-/Positive |
| HDFC Bank Limited | Fund-Based | 390 | Crisil AA-/Positive |
| Citibank N. A. | Fund-Based | 400 | Crisil AA-/Positive |
| IndusInd Bank Limited | Fund-Based | 75 | Crisil AA-/Positive |
| ICICI Bank Limited | Fund-Based | 350 | Crisil AA-/Positive |
| Axis Bank Limited | Fund-Based | 50 | Crisil AA-/Positive |
| Axis Bank Limited | Non-Fund Based | 245 | Crisil A1+ |
| YES Bank Limited | Non-Fund Based | 450 | Crisil A1+ |
| RBL Bank Limited | Non-Fund Based | 100 | Crisil A1+ |
| IndusInd Bank Limited | Non-Fund Based | 250 | Crisil A1+ |
| Bajaj Finance Limited | Term Loan | 9 | Crisil AA-/Positive |
| HDFC Bank Limited | Term Loan | 365 | Crisil AA-/Positive |
| RBL Bank Limited | Term Loan | 68 | Crisil AA-/Positive |
| ICICI Bank Limited | Term Loan | 200 | Crisil AA-/Positive |
Source: BSE
