CRISIL Ratings has reaffirmed Trident Limited's ratings.

Long-term bank loan facilities of ₹4000 Cr maintain 'CRISIL AA/Stable', while short-term bank facilities and ₹150 Cr Commercial Paper are 'CRISIL A1+'. The Stable outlook reflects strong market position, diversified revenue, healthy operating efficiency, comfortable financials, and robust liquidity, despite US market exposure and raw material volatility.