Asian Granito India Limited — Credit Ratings, 31-05-2025: Credit Rating

Asian Granito India Limited’s credit ratings have been reaffirmed at IVR BBB+ with a stable outlook for its long-term fund-based facilities of ₹145 Cr, and IVR A2 for short-term non-fund-based facilities of ₹10 Cr. This reflects the company’s consistent financial health and manageable debt levels. The stable ratings are likely to keep borrowing costs steady and reinforce investor confidence by signaling ongoing credit reliability and financial stability.