CRISIL reaffirms ratings of Ambuja Cements
4th Jun 2021

Credit rating agency -- CRISIL Ratings has reaffirmed Ambuja Cements’ Long Term Rating at ‘AAA’ and Short Term Rating at ‘A1+’. The ratings continue to reflect the company’s healthy market position in north and west India, robust operating efficiency and strong financial risk profile because of healthy cash flows. These strengths are partially offset by susceptibility to the commoditised and cyclical nature of the cement industry. Any substantial debt-funded capex or acquisition, which may weaken the financial risk profile, will be a key rating sensitivity factor.

Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic and export markets.