International Combustion India Ltd — Important, 27-02-2026: Company Update

International Combustion (India) Limited's long-term credit rating has been re-affirmed as CRISIL BBB, with a Negative outlook. Its short-term rating was also re-affirmed at CRISIL A3+. These ratings consider the company's strong track record, experienced management, diversified product portfolio, and healthy financial risk profile. Conversely, CRISIL noted challenges from demand cyclicality, raw material price volatility, and substantial working capital requirements. This informs stakeholders about the company's creditworthiness for financial obligations.