Mumbai, September 22, 2025: Ganesh Infraworld Limited today announced that Infomerics Valuation and Rating Pvt. Ltd. has upgraded the Company’s credit ratings, citing improved business performance, financial discipline, and growth momentum.
Rationale Behind the Upgrade
- Significant improvement in business risk profile driven by higher revenues and a healthy order book, indicating strong revenue visibility.
- Sound financial risk profile with efficient working capital management and adequate liquidity.
- Consistent operational execution despite a highly fragmented and competitive operating environment.
The outlook on the long-term rating remains Stable, supported by a robust project pipeline, prudent financial management, and strengthening relationships with banking partners.
Commenting on the development, Vibhoar Agrawal, Founder and CMD of Ganesh Infraworld Limited Ltd said: “The upgraded rating by Infomerics is a strong validation of our financial strength, operational excellence, and disciplined growth strategy. It reinforces our credibility with lenders and stakeholders while positioning us to capitalize on larger opportunities in the infrastructure sector. With the continued trust of our banking partners and stakeholders, we remain committed to building transformative infrastructure and delivering sustainable long-term value.”
The Rating Committee, after a detailed review of the Company’s audited financials for FY2024 and FY2025, has revised the ratings of its bank facilities as follows:
- Long-Term Bank Facilities (₹127.00 crore): Upgraded to IVR BBB+/Stable (IVR Triple B Plus with Stable Outlook) from IVR BBB/Stable.
- Short-Term Bank Facilities (₹3.00 crore): Upgraded to IVR A2 (IVR A Two) from IVR A3+.
With this upgrade, the Company’s total rated facilities of ₹130.00 crore (Rupees One Hundred and Thirty Crore only) now stand reaffirmed at a stronger position. The enhanced ratings reflect a clear improvement in the Company’s credit profile and highlight its ability to meet financial obligations in a timely manner.
The upgraded ratings are expected to enhance Ganesh Infraworld Limited access to banking facilities at competitive terms, strengthen the Company’s financial flexibility to fund expansion, and support improved project execution capabilities in the medium term.