Nila Infrastructures Limited Receives BWR BBB+ Credit Rating Assignment and Upgrade from Brickwork Ratings
Nila Infrastructures Limited announced receipt of BWR BBB+ Stable/A2 credit ratings from Brickwork Ratings for banking facilities worth INR 136.42 crore on February 26, 2026. The rating covers fund-based long-term facilities of INR 24.67 crore and non-fund based facilities of INR 111.75 crore, both receiving assignment and upgrade actions. Brickwork Ratings also withdrew ratings on closed facilities of INR 8.15 crore, demonstrating active debt portfolio management by the infrastructure company.

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Nila Infrastructures Limited has received credit rating assignment and upgrade from Brickwork Ratings, as communicated to the stock exchanges on February 26, 2026. The company informed both BSE and NSE about this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015.
Credit Rating Details
Brickwork Ratings has assigned and upgraded credit ratings for Nila Infrastructures' banking facilities across two categories. The rating action encompasses a total debt size of INR 136.42 crore, reflecting the company's enhanced creditworthiness.
| Facility Type | Amount | Rating | Action |
|---|---|---|---|
| Fund Based Long Term Bank Facilities | INR 24.67 crore | BWR BBB+ Stable | Assignment/Upgrade |
| Non-Fund Based Bank Facilities | INR 111.75 crore | BWR BBB+ Stable/BWR A2 | Assignment/Upgrade |
| Total Rated Facilities | INR 136.42 crore | BWR BBB+ Stable/A2 | Assignment/Upgrade |
Rating Actions and Facility Changes
The rating agency has assigned BWR BBB+ Stable/A2 ratings while simultaneously withdrawing ratings on closed facilities worth INR 8.15 crore upon facility closure. This action indicates the company's active management of its debt portfolio and facility optimization.
The fund-based long-term bank facilities of INR 24.67 crore received a BWR BBB+ Stable rating, indicating good credit quality with adequate safety for timely servicing of financial obligations. The non-fund based bank facilities totaling INR 111.75 crore were rated BWR BBB+ Stable/BWR A2, reflecting strong creditworthiness for both long-term and short-term obligations.
Regulatory Compliance and Communication
Nila Infrastructures received the formal rating letter from Brickwork Ratings on February 26, 2026, at 04:51 p.m. The company promptly communicated this development to both stock exchanges in compliance with regulatory requirements. Company Secretary Dipen Parikh signed the intimation letter, ensuring proper corporate governance protocols were followed.
The credit rating assignment and upgrade represents a positive milestone for Nila Infrastructures Limited, potentially enhancing its access to capital markets and improving borrowing terms for future financial requirements.
Historical Stock Returns for Nila Infrastructures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.50% | -2.32% | -9.90% | -26.72% | -19.50% | +52.57% |






























