Hindustan Aeronautics Limited has informed the Exchange about Credit Rating
HAL · price
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ICRA has reaffirmed its credit ratings on Hindustan Aeronautics Limited's (HAL) bank facilities totaling Rs. 6,050 crore. The long-term fund-based cash credit limit of Rs. 4,000 crore has been reaffirmed at [ICRA] AAA (Stable), the highest investment-grade rating. The short-term non-fund-based limit of Rs. 2,050 crore (letter of credit and bank guarantees) has been reaffirmed at [ICRA] A1+, the highest short-term rating. These facilities are spread across seven public sector banks including SBI, PNB, Bank of Baroda, Canara Bank, Union Bank, Indian Bank, and Indian Overseas Bank. The rating communication was issued on September 25, 2025.
The reaffirmation of the top-tier AAA and A1+ ratings signals strong financial health, low credit risk, and continued confidence in HAL's ability to service debt. This is a neutral-to-positive event for shareholders, as it reflects stability rather than any change in the company's credit standing, and supports HAL's low cost of borrowing.