CARE Ratings Affirms Credit Quality of Indus Infra Trust Across Multiple Tranches
Indus Infra Trust has received updated credit ratings from CARE Ratings Limited across its various debt instruments, including Long Term Bank Facilities, Commercial Paper, and Short/Long Term Bank Facilities. The ratings affirm the company's creditworthiness as it continues to manage significant financial commitments related to its infrastructure portfolio.CARE Ratings assigned the Issuer Rating of CARE AAA; Stable to Indus Infra Trust.
Credit Rating for Long Term Bank Facilities
For long term bank facilities, Indus Infra Trust received a rating of CARE AAA; Stable, which was reaffirmed following a review based on recent operational and financial performance for FY26 (Audited). The total amount covered by these facilities is Rs 7,901.52 crore.The rated banks and the corresponding amounts are as follows:
| Bank / Lender | Rated Amount (Rs. crore) | Repayment Terms |
|---|---|---|
| HDFC Bank Ltd. | 1888.32 | Structured half yearly payments ending in June 2039 |
| Punjab National Bank | 1446.7 | Structured quarterly repayments (Facility I and II ending on March 2037 and Facility III ending on March 2039) |
| Axis Bank Ltd. | 1054.82 | Structured quarterly repayments ending in FY37 |
| Proposed | 3511.68 | |
| Total | 7901.52 |
Rating for Commercial Paper
Indus Infra Trust also received a rating of CARE A1+ and the rating was reaffirmed for its commercial paper issue, amounting to Rs 1,000.00 crore. The CP issue is set for a maturity not exceeding one year.Short/Long Term Bank Facilities Rated
For short and long term bank facilities, the company received an assigned rating of CARE AAA; Stable / CARE A1+. These facilities total Rs 500.00 crore. The rated banks in this category include:| Bank / Lender | Rated Amount (Rs. crore) |
|---|---|
| IndusInd Bank Ltd. | 150 |
| Proposed | 350 |
| Total | 500 |
Summary of Ratings Received by Indus Infra Trust
The ratings received from CARE Ratings Limited provide a comprehensive view of the credit standing across different debt instruments:| Instrument Type | Amount (Rs. crore) | Rating | Action |
|---|---|---|---|
| Issuer Rating | - | CARE AAA; Stable | Assigned |
| Long Term Bank Facilities | 7,901.52 | CARE AAA; Stable | Reaffirmed |
| Commercial Paper (CP) | 1,000.00 | CARE A1+ | Reaffirmed |
| Long Term / Short Term Bank Facilities | 500.00 | CARE AAA; Stable / CARE A1+ | Assigned |
INDUSINVIT Stock Price Movement
On Thursday, Indus Infra Trust shares edged higher, gaining 0.48% to settle at ₹125.40. The stock recorded a volume of 150,672 shares during the trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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