Supreme Petrochem Limited — Credit Ratings, 28-02-2026: Credit Rating

CRISIL reaffirmed Supreme Petrochem's (SPL) Long Term Rating at AA- for its Rs 1900 Cr bank facilities, but revised the outlook to 'Stable' from 'Positive'. Short Term Rating remains A1+. The outlook change reflects moderated operating profits & delays in new ABS capacity ramp-up. Ratings are supported by SPL's market leadership, debt-free balance sheet, and strong liquidity.