Crisil Ratings has assigned 'Crisil BBB/Stable' for Apex Ecotech Limited's long-term bank facilities and 'Crisil A3+' for short-term facilities, totaling Rs 75 Cr.

The ratings reflect the company's strong promoter experience, healthy Rs 146 Cr order book, and robust financial profile.

Challenges include intense industry competition and moderate working capital needs.

The outlook is Stable.