Narayana Hrudayalaya Ltd. has informed the Exchange about Credit Rating
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ICRA has reviewed and reaffirmed Narayana Hrudayalaya's credit ratings on all bank facilities and non-convertible debentures. Long-term ratings stand at [ICRA]AA with a Stable outlook, and short-term ratings at [ICRA]A1+. Total bank facilities rated amount to Rs. 3,895 crore, while non-convertible debentures total Rs. 1,300 crore (including a proposed Rs. 500 crore NCD). Major lenders include Bank of Baroda, HDFC Bank, HSBC, ICICI Bank, Axis Bank, and YES Bank. The Stable outlook reflects ICRA's continued confidence in the company's debt-servicing capability.
This is a routine rating reaffirmation with no change in rating or outlook. Shareholders can take it as a positive signal that the hospital chain maintains a strong investment-grade credit profile with stable outlook, supporting its borrowing costs and financial stability.