Prism Johnson Limited — Credit Ratings, 23-10-2025: Credit Rating
23-10-2025 | 11:19 pm
23-10-2025 | 11:19 pm
India Ratings has assigned 'IND A+/Positive' to Prism Johnson's new ₹300 Cr bank facilities. It affirmed existing ratings: 'IND A+/Positive' for NCDs, long-term issuer, fixed deposit; 'IND A+/Positive/IND A1+' for bank facilities; and 'IND A1+' for commercial paper. The 'Positive' outlook reflects expected higher operating profitability in FY26 due to improved cement demand, cost efficiencies, and recent net debt reduction from asset sales.
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