CARE Ratings has revised the outlook on the long-term bank facilities of Kirloskar Brothers Ltd. (KBL) to ‘Positive’ from ‘Stable’, while reaffirming the rating at ‘CARE AA’. The short-term rating was reaffirmed at ‘CARE A1+’. The total bank loan facilities rated are Rs. 25 crore, signalling a positive shift in the company’s financial outlook.
Credit Rating Update
Kirloskar Brothers Ltd. (KBL) has received an updated credit rating assessment from CARE Ratings. The announcement, dated December 13, 2025, highlights a revision in the outlook for the company’s long-term bank facilities.
Revised Outlook Details
The long-term rating has been updated to ‘CARE AA/Positive’, a move from the previous ‘Stable’ outlook. At the same time, the rating agency reaffirmed the short-term rating at ‘CARE A1+’.
Bank Facilities Affected
This revision impacts the bank loan facilities, specifically those totaling Rs. 25 crore. These facilities include both fund and non-fund based limits of Rs. 40 crores from Axis Bank Limited.
Debt Repayment Terms
The facilities from Axis Bank Limited are subject to standard debt repayment terms, as per the sanctioned fund based and non-fund based limits.
Source: BSE
