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Crisil Ratings reaffirmed AA/Stable ratings for Aditya Birla Real Estate, citing expected debt reduction

13-Aug-26   19:40 Hrs IST
Aditya Birla Real Estate Ltd. announced that Crisil Ratings has reaffirmed its ratings on various instruments, including Non-Convertible Debentures rated Crisil AA/Stable, Long-Term Loan facilities also rated Crisil AA/Stable, Commercial Paper rated Crisil A1+, and Short-Term Loan Facilities rated Crisil A1+. The rating agency has also reaffirmed ratings on Total Bank Loan Facilities of Rs.2569 crore, Short Term Bank Facilities of Rs.1000 crore, and Non Convertible Debentures of Rs.1000 crore, all of which have been removed from ‘Watch Developing’. Furthermore, Crisil believes the company will increase its scale of operations and maintains a Stable outlook, while noting an expected gross residential debt reduction of Rs.1,900–2,000 crore by the fiscal year end, alongside a booking value of Rs.8,136 crore expected in fiscal 2026 and an estimated GDV of Rs.9,600 crore in fiscal 2027.

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