Sangam India514234Credit rating upgrade
India Ratings upgrades Sangam (India) to IND A/Stable/IND A1 on ₹27,700 million bank facilities
By ScoutQuest · · 1 min read
₹27,700 millionTotal bank loan facilities rated
Bank loan facilities upgraded17,650 (INR million)
Additional bank loan facilities assigned10,050 (INR million)
- Rating Action
- Long-term: IND A/Stable (upgraded from IND A-/Stable); Short-term: IND A1 (upgraded from IND A2+)
- Facilities Upgraded / Assigned
- INR17,650 million upgraded and INR10,050 million assigned, totalling INR27,700 million
- Net Leverage
- 3.04x
- Agency
- India Ratings and Research (Ind-Ra)
- Action
- Upgraded
India Ratings upgrades Sangam (India) to IND A/Stable/IND A1 on ₹27,700 million bank facilities.
IND AUpgraded · India Ratings and Research (Ind-Ra)
PreviouslyIND A-NowIND A
Prior rating action (rating history)
Credit rating communication date
Company intimation letter
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More numbers
- Bank loan facilities upgraded17,650 (INR million)
- Additional bank loan facilities assigned10,050 (INR million)
- Total bank loan facilities rated₹27,700 million
- Consolidated revenue FY26INR32,345 million
- EBITDA margin 1QFY2712.2%
- Planned capex over next three financial yearsINR15,000 million
- Net adjusted leverage 1QFY273.04x
Source: BSE · 24 Oct 2026
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