Cera Sanitaryware Limited has informed the Exchange about Credit Rating
CERA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cera Sanitaryware has received credit ratings from CRISIL for its bank facilities and commercial paper. The total bank loan facilities of Rs. 100 Crores have been reaffirmed at CRISIL AA/Stable for long-term and CRISIL A1+ for short-term. Additionally, the CRISIL A1+ rating on the Rs. 30 Crore commercial paper has also been reaffirmed. All ratings were received on 8th July 2025, maintaining their previous levels without any change. CRISIL AA indicates high safety on long-term obligations, while A1+ is the highest short-term rating, reflecting strong financial health.
Reaffirmation of the high CRISIL AA/Stable and A1+ ratings signals continued strong creditworthiness and low default risk, which is positive for shareholders and lenders. The stable outlook suggests CRISIL sees no near-term concerns about the company's financial position.