Ndr Auto Components Limited — Credit Ratings, 07-07-2025: Credit Rating

ICRA has assigned an [ICRA]A+ (Stable) rating for NDR Auto Components Limited’s long-term debt instruments and [ICRA]A1+ rating for its short-term working capital facilities, covering a total limit of Rs 100 crore. The ratings reflect the company’s stable credit profile supported by healthy financial metrics and adequate liquidity. This strong credit assessment is expected to enhance the company’s borrowing cost efficiency and build investor confidence, providing it with better financial flexibility going forward. These ratings are under regular surveillance and may be reviewed if there are significant changes in the company’s credit risk profile.