Electrosteel Castings has received CRISIL ratings for its bank loan facilities. The long-term rating is CRISIL AA/Negative (Outlook Revised from Stable to Negative), and the short-term rating and rating are CRISIL A1+ (Reaffirmed). The total rated bank loan facilities amount to INR 4400 Crore, with an additional INR 100 Crore for Commercial Paper.
CRISIL Rating Details
Electrosteel Castings has been assigned the following CRISIL ratings for its debt instruments and bank facilities, effective February 2, 2026:
Long-Term Rating
The long-term rating for bank loan facilities is CRISIL AA/Negative. The outlook has been revised from Stable to Negative. The total amount of bank loan facilities rated under the long-term rating is INR 4400 Crore.
Short-Term Rating and Paper
The short-term rating for the company is CRISIL A1+, which has been reaffirmed. The commercial paper rating is also CRISIL A1+ (Reaffirmed), for a total of INR 100 Crore.
Source: BSE
