Ramco Systems532370Credit rating upgrade
ICRA upgrades Ramco Systems to A-(Stable)/A2+ on Rs.150.00 crore bank facilities
By ScoutQuest · · 1 min read
150.00 (Rs. crore)Total bank facilities rated
Short-term fund based60.00 (Rs. crore)
Long-term / short-term unallocated54.50 (Rs. crore)
Short-term non-fund based20.50 (Rs. crore)
Long-term fund based - cash credit15.00 (Rs. crore)
- Long-term rating
- ICRA A-(Stable) (upgraded from ICRA BBB+(Stable))
- Short-term rating
- ICRA A2+ (upgraded from ICRA A2)
- Rated bank facilities
- Rs.150.00 crore
- Agency
- ICRA
- Action
- Upgraded
ICRA upgrades Ramco Systems to A-(Stable)/A2+ on Rs.150.00 crore bank facilities.
[ICRA]A-Upgraded · ICRA
Previously[ICRA]BBB+Now[ICRA]A-
Rating assigned
ICRA rating letter date
Also from Ramco Systems
Ramco Systems Ltd press release, Q2 FY27
23 Oct 2026
Board approves unaudited results for quarter and half year ended September 30, 2026
23 Oct 2026
Board to meet on October 23, 2026 to approve Q2 and H1 unaudited results
16 Oct 2026
More numbers
- Total bank facilities rated150.00 (Rs. crore)
- Long-term fund based - cash credit15.00 (Rs. crore)
- Short-term fund based60.00 (Rs. crore)
- Short-term non-fund based20.50 (Rs. crore)
- Long-term / short-term unallocated54.50 (Rs. crore)
Source: BSE · 22 Oct 2026
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