IRCON International has announced the reaffirmation of its credit ratings for bank facilities following a review by Infomerics Valuation and Rating Limited. The ratings for long-term bank facilities remain at IVR AAA/Stable, covering a total amount of ₹9000 crore. This reflects the company’s stable outlook and financial strength.
Credit Rating Maintained
IRCON International has received confirmation that its credit ratings for various bank facilities have been reaffirmed. Infomerics Valuation and Rating Limited conducted a regular rating exercise and communicated the results via email on November 25, 2025.
Rating Details
The credit rating for the company’s long-term bank facilities, amounting to ₹0.02 crore, is reaffirmed at IVR AAA/Stable (IVR Triple A with Stable Outlook). Similarly, the rating for long-term bank facilities/short-term bank facilities, totaling ₹8999.98 crore, is also reaffirmed at IVR AAA/Stable (IVR Triple A with Stable Outlook) / IVR A1+ (IVR A One Plus).
Total Facilities Covered
The reaffirmed ratings cover a total of ₹9000 crore in bank facilities. These ratings indicate a Simple complexity indicator.
Source: BSE
