Suzlon Energy Limited recently received upgrades from CRISIL, which raised the long-term rating to ‘Crisil A+/Stable’ from ‘A/Positive’ and reaffirmed the short-term rating at ‘Crisil A1’. The rated bank loan limit was also enhanced to ₹5,685 crore from ₹3,050 crore deepening the agency’s confidence in the company’s financial stability and growth trajectory. [turn0search0] (CRISIL)
Meanwhile, ICRA assigned Suzlon a long-term rating of [ICRA] A+ (Stable) and a short-term rating of [ICRA] A1 on ₹2,635 crore of bank facilities. This marks ICRA’s affirmation of Suzlon’s improved creditworthiness and consistent performance. (mint)
🔍 Key Highlights:
- Upgraded Ratings: CRISIL’s upgrade reflects Suzlon’s increasing scale, operational efficiency, and a strong execution pipeline.
- Enhanced Borrowing Limits: Rated exposure by CRISIL now stands at ₹5,685 crore, underscoring lender confidence.
- Operational Improvement: Suzlon reported a 67% year-on-year revenue growth in FY 2025, driven by 1.55 GW in WTG deliveries, and recorded EBITDA margins rising to 17.1%.
- Financial Stability: The company maintains low debt leverage and robust liquidity, balancing growth and risk management.
- Broader Support: Improved profitability and better-than-forecast order inflows continue to strengthen Suzlon’s credit profile. (CRISIL)
Source (full link):
https://www.businesstoday.in/markets/stocks/story/suzlon-energy-stock-gets-a-credit-rating-upgrade-check-details-487051-2025-07-30
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