Birla Corporation Limited — Credit Ratings, 03-07-2026: Credit Rating

CARE Ratings Limited has reaffirmed its 'CARE AA; Stable' rating for Birla Corporation's long-term bank facilities and NCDs, and 'CARE A1+' for short-term facilities. The stable outlook reflects a strong market position, diversified operations, cost efficiencies from captive resources, and improved financial metrics. Notably, net debt to PBILDT improved to 2.17x in FY26.