Andhra Cements Limited — Credit Ratings, 09-05-2025: Credit Rating- Revision

India Ratings has downgraded Andhra Cements Limited’s long-term rating to IND BBB with a Negative Outlook and its short-term rating to IND A3+. The downgrade reflects the company’s increased debt burden and tighter liquidity position, with term loans of INR 31.39 Cr and working capital limits of INR 15.19 Cr contributing to the pressure. This action suggests higher borrowing costs ahead and may dampen investor confidence, possibly restricting the company’s financial flexibility in the near term.