CRISIL reaffirms AA+ debt rating for Godrej Ind stock

Published on 10/14/2026 at 04:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Godrej Ind sold 0.50 percent of an associate for INR 4.50 billion on September 24, 2026. Godrej Ind stock had an INR 1,443.00 52-week high.

Debt profile and operating results

CRISIL reaffirmed the AA+ debt rating on October 9, 2026.
Godrej Industries sold a 0.50 percent stake for INR 4.50 billion on September 24, 2026.
Godrej Ind stock was last at INR 998.00 on NSE on October 13, 2026.
Revenue reached INR 5,448.10 crore in the first quarter of fiscal 2027.

Godrej Ind, INE036A01024, Illustration mit AI erstellt.

CRISIL reaffirmed an AA+ debt rating covering Godrej Ind stock (ISIN INE036A01024) on October 9, 2026, while the company continues to balance chemicals, investments and group holdings. The rating action gives the stock a credit-quality angle as investors assess leverage alongside operating performance.

Recent capital and governance events

On September 11, 2026, Godrej Industries approved an issue of unsecured non-convertible debentures worth INR 7.50 billion through private placement, ScanX reported.

On September 24, 2026, the company sold a 0.50 percent stake in Godrej Consumer Products for INR 4.50 billion and retained a 23.23 percent holding, according to CNBC TV18.

On October 9, 2026, CRISIL reaffirmed AA+ with a stable outlook for non-convertible debentures covering approximately INR 7.20 billion and retained an A1+ rating for a commercial paper program with a INR 5.00 billion limit, as reported by Screener.

What does the AA+ rating cover?

The rating applies to debt obligations rather than the equity valuation itself, but it frames the financing side of the group. The same disclosure assigns AA+ with a stable outlook to the proposed INR 1.50 billion debenture issue, according to Screener.

Operating results provide a more mixed counterpoint. CNBC TV18 reported revenue from operations of INR 5,448.10 crore in the first quarter of fiscal 2027, up 22.20 percent year over year, while consolidated net profit fell 18.70 percent to INR 284.00 crore. EBITDA rose 52.40 percent to INR 604.70 crore, lifting the EBITDA margin to 11.10 percent from 8.90 percent.

Stock remains below yearly high

Godrej Industries stock was last at INR 998.00 on the NSE on October 13, 2026 at 3:29 p.m. IST. Its 52-week range was INR 744.20 to INR 1,443.00, leaving the last quoted price INR 445.00 below the high and INR 253.80 above the low.

Market context: Market report BSE Sensex.