KDDL Limited — Credit Ratings, 29-05-2025: Credit Rating

ICRA has reaffirmed KDDL Limited’s long-term ratings at [ICRA]A+ (Stable) for fund-based bank facilities of Rs. 95.01 Cr and short-term non-fund-based limits of Rs. 37 Cr, along with fixed deposits of Rs. 15 Cr rated [ICRA]A+ (Stable). The stable outlook reflects consistent financial performance, adequate liquidity, and manageable debt levels. This affirmation underlines the company’s strong credit profile, helping sustain investor confidence and favorable borrowing costs while maintaining flexibility for future capital requirements.