Titan Company Limited has informed the Exchange about Credit Rating
TITAN · price
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Titan Company Limited received a rating update from ICRA Ltd. on 31st March 2026. ICRA reaffirmed its highest rating of [ICRA]AAA (Stable) for Titan's fixed deposit programme (Rs. 6,200 crore) and term loans (Rs. 1,000 crore). For the working capital facilities, the long-term component [ICRA]AAA (Stable) was reaffirmed while the short-term component [ICRA]A1+ was assigned. Notably, the working capital facility limit was enhanced from Rs. 7,305 crore to Rs. 14,750 crore, effectively doubling the sanctioned amount. The total rated amount stands at Rs. 21,950 crore.
The reaffirmed AAA (Stable) rating reflects Titan's extremely strong creditworthiness and financial stability. The doubling of the working capital facility limit signals the company's growing operational scale and strong banking relationships, which is a positive indicator for investors.