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 a credit rating from CARE Ratings Limited for its bank facilities totalling Rs. 100 crore. The rating for Rs. 56 crore in long-term bank facilities has been reaffirmed at CARE AA with a Stable outlook. The Rs. 44 crore in long-term/short-term bank facilities has been reaffirmed at CARE AA (Stable) for the long-term portion and CARE A1+ for the short-term portion. CARE AA indicates high safety for long-term debt, while A1+ is the highest grade for short-term obligations. The ratings were received on 18th August 2025.
Reaffirmation of a strong investment-grade rating with a Stable outlook signals continued financial health and low default risk, which is positive for shareholders and lenders but largely neutral for the stock price since it confirms the existing credit profile.