Prism Johnson Limited — Credit Ratings, 27-08-2026: Credit Rating

Crisil Ratings has reaffirmed its 'Crisil A1+' rating for Prism Johnson Limited's Commercial Paper programme. This reflects PJL's healthy business profile across cement, tiles, and RMC. Improved operating efficiency and a stronger financial risk profile, boosted by asset divestment proceeds of ~Rs 492 Cr used for debt reduction, were key factors. Net debt to EBITDA is expected below 0.5x in FY27.