Jain Irrigation Systems Limited — Credit Ratings, 31-03-2026: Credit Rating

CRISIL Ratings reaffirmed Jain Irrigation Systems' credit ratings. For its ₹2,930 Cr total bank loan facilities, the long-term rating is 'Crisil BBB-' and short-term is 'Crisil A3'. Its ₹785.63 Cr Non-Convertible Debentures were also reaffirmed at 'Crisil BBB-'. Critically, the outlook for all 'Crisil BBB-' ratings was revised from 'Stable' to 'Negative', signaling increased credit risk.