R.P.P. Infra Projects Limited has informed the Exchange about Credit Rating- New
RPPINFRA · price
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Awaiting price reaction for this filing.
CRISIL Ratings has upgraded R.P.P. Infra Projects' credit ratings on its bank loan facilities to CRISIL BBB+/Stable (long-term) and CRISIL A2 (short-term), up from CRISIL BBB/Stable and CRISIL A3+ respectively. The total rated amount has been enhanced to Rs. 557 crore from Rs. 385 crore earlier. The upgrade reflects sustained improvement in the company's credit profile, with operating margins holding above 7% (vs 4.5–5.5% earlier) and revenue growing at ~20% CAGR over three years through FY25. The company reported operating income of Rs. 1,447 crore and PAT of Rs. 65 crore in FY25, supported by a healthy order book of Rs. 2,700 crore providing 24–36 months of revenue visibility. Financial risk profile remains strong with low gearing of 0.07x and interest coverage of 9.3x.
Positive signal for shareholders — the rating upgrade indicates improved financial health, better borrowing terms, and increased credit access, with the enhanced facility limit (up Rs. 172 crore) supporting future growth and working capital needs. Watch for the Sri Lanka real estate project as a potential risk factor.