Pearl Global Industries has announced that its credit ratings have been upgraded by ICRA. The long-term credit rating has been raised to [ICRA] A+ (Stable) from [ICRA] A (Stable). The short-term rating has been upgraded to [ICRA] A1+ from [ICRA] A1. The ratings upgrade reflects ICRA’s assessment of the company’s improved financial risk profile.
ICRA Upgrades Long-Term Rating
ICRA has upgraded Pearl Global Industries’ long-term credit rating to [ICRA] A+ (Stable). This is an improvement from the previous rating of [ICRA] A (Stable). The upgrade was announced on January 28, 2026.
Short-Term Rating Also Improved
In addition to the long-term rating, ICRA also upgraded the short-term credit rating of Pearl Global Industries. The new short-term rating is [ICRA] A1+, up from [ICRA] A1.
Revised Credit Ratings Summary
Long-Term Credit Rating:
Existing: [ICRA] A (Stable)
Revised: [ICRA] A+ (Stable)
Short-Term Credit Rating:
Existing: [ICRA] A1
Revised: [ICRA] A1+
Source: BSE
