Kellton Tech Secures A- Credit Rating from ICRA
Hyderabad, March 30, 2026 – Kellton Tech Solutions Limited, an AI-led digital transformation and technology consulting company, announced today that ICRA Limited has advanced its credit rating to [ICRA] A- (Stable) from the earlier rating of [IND] BBB+.The upgrade reflects the Company's strengthened credit profile, supported by its healthy operating performance, prudent financial management, and consistent growth momentum. The rating also factors in the Company's comfortable leverage position and adequate debt coverage metrics.
ICRA reaffirmed the long-term rating outlook as Stable, indicating an expectation of continued steady financial and operational performance over the medium term. The ratings acknowledge Kellton's long track record in the IT services industry, experienced promoters, and its diversified client base across a wide range of industries. The Company has demonstrated a strong share of repeat business from existing clients, contributing over 80% of its revenues over the last two years, indicating a stable revenue profile.
ICRA also highlighted Kellton's growth trajectory, supported by sustained demand across key segments, including digital transformation programmes, AI-led intelligent automation, cloud-native engineering, and enterprise solution implementations. The company reported revenue of ₹903.1 crore in 9M FY2026 and is expected to record healthy revenue growth over the next two years, supported by scale-up from recent acquisitions and continued demand for AI-centric projects.
"We are proud to secure [ICRA]A- (Stable) rating, which reflects our established track record, diversified client base, strong repeat business, and healthy financial profile,” said an Executive Chairman at Kellton Tech Solutions Limited. “We remain focused on sustaining growth through our digital transformation capabilities and AI-led offerings, while maintaining disciplined expansion across global markets."
Kellton is an AI-led digital transformation and technology consulting company with global delivery capabilities. The company partners with enterprises to build scalable digital platforms, modernize operations, and accelerate intelligent automation journeys. With over 2,000 professionals across North America, Europe, the Middle East, and Asia, Kellton delivers solutions across cloud, data, AI, enterprise platforms, and digital product engineering.
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