Olectra Greentech Limited has informed the Exchange about Credit Rating
OLECTRA · price
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Olectra Greentech Limited received a credit rating upgrade from India Ratings & Research. The company's bank loan facilities (both long-term and short-term) have been upgraded to IND A/Stable for long-term and IND A1 for short-term, with rated limits of INR 15,320 million. The upgrade reflects an improved business risk profile driven by a healthy order book, which has resulted in strong revenue growth and sustained EBITDA margins during the first nine months of FY26.
This rating upgrade signals financial stability and improved creditworthiness, which could positively impact borrowing costs and investor confidence. The company's strong order book and improved profitability metrics suggest positive momentum for the business.