R.P.P. Infra Projects Limited has informed the Exchange about Credit Rating
RPPINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CRISIL Ratings has reaffirmed its ratings on R.P.P. Infra Projects Limited's bank loan facilities at 'Crisil BBB+/Stable/Crisil A2'. The total bank loan facilities rated stand at Rs.557 crore. While Q3 FY26 revenues improved to Rs.379 crore from Rs.355 crore in the same period last year, operating margins dropped sharply to 1.5% from 7.5% due to higher establishment costs from own execution projects. The company maintains a healthy financial risk profile with networth of Rs.520 crore, gearing at 0.1x, and interest coverage of 5.9x. The order book stands at over Rs.3,700 crore to be executed over 24-36 months, providing revenue visibility.
The reaffirmation of investment-grade ratings with stable outlook is positive for the stock, signalling maintained creditworthiness. However, the sharp margin compression in Q3 FY26 is a concern that investors should monitor closely despite the company's strong order book and healthy balance sheet.