AWL Agri Business Limited — Credit Ratings, 04-08-2025: Credit Rating

CARE Ratings has reaffirmed AWL Agri Business Ltd.'s credit ratings for its bank facilities and commercial paper. The company's Long-Term/Short-Term Bank Facilities of ₹ 15,711 Crore are rated 'CARE AA-, Stable / CARE A1+', while ₹ 1,230 Crore in Long Term Bank Facilities are 'CARE AA- / Stable'. Additionally, the ₹ 500 Crore Commercial Paper retained its 'CARE A1+' rating. This reaffirmation, based on the company's consistent operational and financial performance in FY25 (audited) and Q1FY26 (unaudited), signals stable financial health. This should enable AWL Agri Business to maintain favorable borrowing costs and reinforce investor confidence, providing solid strategic room for its operations.