Megatherm Induction Limited — Credit Ratings, 07-05-2025: Credit Rating

Crisil Ratings has reaffirmed Megatherm Induction Limited’s long-term rating at CRISIL BBB with a stable outlook and the short-term rating at CRISIL A3+ for Rs. 85 Cr debt. This reflects the company’s stable financial health and consistent debt servicing supported by manageable bank borrowings across cash credit, term loans, and working capital facilities. The stable outlook indicates steady credit risk, which should help sustain the company’s cost of borrowing and investor confidence without immediate pressure on liquidity or financial flexibility.