Saurashtra Cement Limited — Credit Ratings, 02-06-2025: Credit Rating

ICRA has reaffirmed Saurashtra Cement Limited’s credit rating at [ICRA]BBB- with a stable outlook for its Rs. 404 crore borrowing program. This reflects steady financial health and adequate liquidity, with no significant changes in debt metrics. The stable rating supports investor confidence and helps the company maintain access to bank financing under consistent terms, indicating controlled borrowing costs and sustained operational flexibility within its current credit framework.