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Gujarat Alkalies and Chemicals LimitedCredit Ratings, 01-08-2025: Credit Rating

01-08-2025 | 04:42 pm

CARE Ratings has reaffirmed the credit ratings for Gujarat Alkalies and Chemicals (GACL). This includes 'CARE AA; Stable' for long-term bank facilities (Rs. 482.34 Cr, reduced from Rs. 598.42 Cr), and 'CARE A1+' for short-term bank facilities (Rs. 339.50 Cr) and commercial paper (Rs. 100 Cr). The decision reflects a consistent assessment of the company's strong operational and financial performance for FY25. Maintaining these stable ratings indicates GACL's sound financial health. For investors, this means the company is likely to incur stable borrowing costs, bolstering confidence in its debt servicing ability and providing ample financial flexibility for future growth initiatives.

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