N R Agarwal Industries Limited — Credit Ratings, 17-07-2026: Credit Rating- Others

ICRA reaffirmed N R Agarwal Industries' (NRAIL) long-term rating at [ICRA]A- (Stable) and short-term rating at [ICRA]A2+ for enhanced credit facilities totaling Rs. 1,137.57 Cr. This reflects NRAIL's strong market position, improved FY2026 operating performance, and benefits from capacity expansion. The stable outlook anticipates further gains from production ramp-up and value-added products.