Please find enclosed intimation for credit rating.
RATING
▲ Positive Development
LOW RISK
📅 Filed on BSE: 02 Sep 2026, 04:24 PM IST · BSE ID: 7cc159b2-3561-4694-bf35-a51e113e6649
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's creditworthiness for its debt and borrowing has been confirmed and updated by a rating agency.
🤖 AI Summary
- ICRA reaffirms [ICRA]AA+ rating on Rs. 5,250 crore Non-Convertible Debentures.
- Commercial paper rating reaffirmed/assigned at [ICRA]A1+ for Rs. 4,000 crore.
- Bank facilities rated [ICRA]AA+ (Stable) / [ICRA]A1+ for Rs. 13,000 crore.
- Ratings reaffirmed for existing Rs. 11,000 crore bank facilities, enhanced amount assigned.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Non-Convertible Debentures
5,250 [ICRA]AA+ (Stable)
Commercial Paper
4,000 [ICRA]A1+
Long/Short Term Bank Facilities
13,000 [ICRA]AA+ (Stable) / [ICRA]A1+
🏢 How This Affects the Company
The reaffirmation and enhancement of credit ratings supports the company's ongoing debt obligations and potential future fundraising at favorable terms.
Stable credit ratings indicate a lower perceived risk by creditors, contributing to financial stability.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders.
👤
Who Is Affected
All shareholders are indirectly affected through the company's enhanced financial stability and access to capital.
🔍
Management Signal
Management is focused on maintaining a strong credit profile to support business growth and financial flexibility.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Future updates on credit rating outlook from ICRA or other agencies.
Company's financial results disclosure for subsequent periods.
Announcement of any new debt issuances or credit facilities.
LOW RISK
Credit rating reaffirmations by a recognized agency indicate financial stability and low immediate risk.
💡 Investor Takeaway
Godrej Properties' credit ratings remain strong with [ICRA]AA+ for NCDs and bank facilities, and [ICRA]A1+ for commercial paper, reflecting ICRA's confidence in its creditworthiness.
⚖️ Strengths & Concerns
✅ Positives
- ICRA reaffirms [ICRA]AA+ rating on Rs. 5,250 crore Non-Convertible Debentures, indicating strong credit quality.
- Total sanctioned fund/non-fund based bank facilities stand at Rs. 13,000 crore, demonstrating significant financing capacity.
📅 Company Track Record
In July 2026, Godrej Properties successfully repaid Rs. 750 crore of NCDs, and its ratings were reaffirmed at [ICRA]AA+.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What are Godrej Properties' credit ratings for its Non-Convertible Debentures?
ICRA has reaffirmed the [ICRA]AA+ (Stable) rating for Godrej Properties' Non-Convertible Debentures with a total amount of Rs. 5,250 crore.
What is the rating for Godrej Properties' Commercial Paper?
The rating for Godrej Properties' Commercial Paper has been reaffirmed/assigned at [ICRA]A1+ for an enhanced amount of Rs. 4,000 crore.
What is the total value of Godrej Properties' Long/Short Term Bank Facilities rated by ICRA?
ICRA has assigned/reaffirmed ratings of [ICRA]AA+ (Stable) for long-term and [ICRA]A1+ for short-term on Godrej Properties' Rs. 13,000 crore fund-based/non-fund-based bank facilities.
Has ICRA changed Godrej Properties' credit rating?
No, ICRA has reaffirmed the existing ratings for Godrej Properties' Non-Convertible Debentures and Long/Short Term Bank Facilities, and reaffirmed/assigned for enhanced amount on Commercial Paper.
Questions based on this BSE filing only. For information purposes.