Credit RatingsCredit Rating
Crisil Ratings has reaffirmed its 'Crisil A1+' rating for Prism Johnson Limited's Commercial Paper programme.
Prism Johnson LimitedPRSMJOHNSN · Filed with the exchange
This reflects PJL's healthy business profile across cement, tiles, and RMC.
Improved operating efficiency and a stronger financial risk profile, boosted by asset divestment proceeds of ~Rs 492 Cr used for debt reduction, were key factors.
Net debt to EBITDA is expected below 0.5x in FY27.
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