Birla Corporation Limited — Credit Ratings, 10-07-2026: Credit Rating

Care Ratings Limited has reaffirmed its 'CARE AA; Stable / CARE A1+' ratings for RCCPL Private Limited's bank facilities. This reflects RCCPL's strong competitive position, increased capacity (now 11.21 MTPA), strategic importance to parent Birla Corp, and improved financial metrics like gearing (0.93x). Operational efficiencies and market penetration support the stable outlook despite ongoing capex.