Gravita India Limited has officially confirmed that it does not meet the criteria to be classified as a Large Corporate entity. As of March 31, 2026, the company maintains a NIL outstanding borrowing position, thereby exempting it from the filing requirements associated with the Large Corporate framework. The company continues to operate with strong credit ratings from both ICRA Limited and India Ratings and Research.
Classification Status
Following a review of its financial position as of March 31, 2026, Gravita India Limited has declared that it does not fall under the category of Large Corporates. Consequently, the company is not required to submit the Annual Disclosure usually mandated for entities falling within this specific regulatory framework.
Financial and Credit Overview
The company maintains a clean debt profile with NIL outstanding borrowings as of the end of the 2025-26 fiscal year. Despite having no outstanding debt, the company continues to hold high credit ratings for its working capital limits. These include an [ICRA]AA- (Stable) rating from ICRA Limited and an IND AA-/Stable/IND A1+ rating from India Ratings and Research, reflecting the company’s robust financial stability and creditworthiness in the market.
Source: BSE
