CARE RATING FOR THE FY 2024-25 AUDITED AND THE Q3 NINE MONTHS ENDED FY 2026 LIMITED REVIEWED
AHLUCONT · price
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CARE Rating Limited reviewed and reaffirmed the credit ratings for Ahluwalia Contracts (India) Ltd. The Long Term Bank Facilities of Rs. 186.00 crore (increased from Rs. 170.00 crore) carry a CARE AA- rating with Stable outlook. The combined Long Term/Short Term Bank Facilities of Rs. 2,954.00 crore (significantly enhanced from Rs. 2,345.00 crore) carry CARE AA-/Stable for long term and CARE A1+ for short term, both reaffirmed. The rating action reflects CARE's assessment of the company's operational and financial performance for FY2025 (audited) and nine months of FY2026 (limited reviewed). The facilities were enhanced, indicating improved borrowing capacity.
The reaffirmation of a strong AA- rating signals the company's continued financial stability and creditworthiness, which is positive for investors and lenders. The increase in facility sizes suggests the company has stronger access to credit, supporting its ability to fund growth and operations.