Apollo Hospitals Enterprise Limited has been awarded top-tier credit ratings by ICRA Limited for its debt facilities. The company received an [ICRA]AAA (Stable) rating for its long-term facilities, including term loans, and an [ICRA]A1+ rating for short-term instruments. These ratings reflect the company’s strong financial standing and its ability to service debt obligations, covering a total credit exposure of ₹3,000 crore across various banking partners.
Credit Rating Confirmation
On May 18, 2026, ICRA Limited affirmed the creditworthiness of Apollo Hospitals Enterprise Limited. The agency assigned an [ICRA]AAA (Stable) rating to the company’s ₹2,052 crore long-term fund-based term loans. Additionally, for its ₹948 crore unallocated fund-based and non-fund-based facilities, the company secured a dual rating of [ICRA]AAA (Stable) / [ICRA]A1+, underscoring its robust financial health and stability.
Breakdown of Rated Facilities
The rating encompasses various credit lines extended by leading financial institutions. The long-term facilities include ₹500 crore from Axis Bank, ₹769 crore from Bank of India, ₹318 crore from State Bank of India, and ₹234 crore from HDFC Bank, among others. These facilities serve as essential capital to support the company’s operational requirements and ongoing growth initiatives.
Strategic Financial Standing
The AAA rating represents the highest level of credit quality, indicating a minimal risk of default. By maintaining these high ratings, Apollo Hospitals reinforces its position as a financially disciplined organization capable of managing its debt profile effectively. The facilities, which were rated on May 12, 2026, provide the company with the necessary financial flexibility to continue expanding its healthcare infrastructure across the country.
Source: BSE
