CRISIL Ratings Limited has revised the outlook on Kirloskar Brothers Ltd.’s (KBL) long-term bank facilities to ‘Positive’ from ‘Stable’, while reaffirming the rating at ‘Crisil AA’. The short-term rating has also been reaffirmed at ‘Crisil A1+’. The total bank loan facilities rated amount to Rs. 1,700 crore. This revision reflects improved financial prospects for KBL.
CRISIL Revises Rating Outlook
Kirloskar Brothers Limited (KBL) has received an update on its credit ratings from CRISIL Ratings Limited. The announcement, dated November 11, 2025, details the changes in outlook and reaffirmation of existing ratings.
Long-Term and Short-Term Ratings
The long-term rating for KBL’s bank facilities has been revised from ‘Stable’ to ‘Positive’, with the rating reaffirmed at ‘Crisil AA’. Concurrently, the short-term rating has been reaffirmed at ‘Crisil A1+’.
Details of Rated Facilities
The total bank loan facilities rated amount to Rs. 1,700 crore. These facilities include:
- Cash Credit: Rs. 500.00 Crore (Rated: Crisil AA/Positive)
- Letter of Credit & Bank Guarantee: Rs. 1100.00 Crore (Rated: Crisil A1 +)
- Proposed Long Term Bank Loan Facility: Rs. 100.00 Crore (Rated: Crisil AA/Positive)
Source: BSE
