Supreme Petrochem Limited — Credit Ratings, 17-12-2025: Credit Rating

India Ratings & Research affirmed Supreme Petrochem's 'IND AA-' rating for its issuer and bank facilities, revising the outlook to 'Stable' from 'Positive'. This reflects weaker 1HFY26 performance, delayed ABS plant ramp-up, and increased net debt, impacting near-term EBITDA visibility. The company's leadership position and strong financial profile continue to support the affirmed rating.