Carysil Ltd. Receives Credit Rating Reaffirmation from ICRA Limited
Carysil Ltd., a manufacturer of lifestyle sinks and built-in appliances, announced on March 26, 2026, that ICRA Limited has reaffirmed its credit ratings. The reaffirmed ratings reflect the company’s financial stability and operational performance.ICRA Limited reaffirmed Carysil Ltd.'s Long Term Rating as [ICRA] A with a ‘Stable’ outlook, based on a rated amount of ₹183 crore. The Short Term Rating was also reaffirmed as [ICRA] A2+.
The ratings were assessed by ICRA Limited and are detailed in the table below:
| Rating Agency | Instrument | Rated Amount (Rs. crore) | Existing Rating | Revised Rating | Rating Action |
|---|---|---|---|---|---|
| ICRA | Long Term Rating | 183 | [ICRA] A (pronounced as ICRA A) with 'Stable' outlook. | [ICRA] A (pronounced as ICRA A) with 'Stable' outlook | Reaffirmed |
| Limited | Short Term Rating | 10.4 | [ICRA] A2+ (pronounced as ICRA A two plus) | [ICRA] A2+ (pronounced as ICRA A two plus) | Reaffirmed |
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