UltraTech Cement Limited announced that for the financial year commencing from 1st April, 2025 and ending on 31st March, 2026, the outstanding qualified borrowings at the start of the financial year stood at INR. 55,000 million and remained at INR. 55,000 million at the end of the financial year, comprising Non-Convertible Debentures and term loans.
The highest credit ratings of the Company, in case of multiple ratings, are CRISILAAA/Stable with a short-term rating of CRISIL A1+ from CRISIL, and IND AAA/Stable with a short-term rating of IND.A1+ from India Rating. The Company reported no incremental borrowing during the year in terms of qualified borrowings. Further, no borrowings were made by way of issuance of debt securities during Fiscal Year 2025-26, while borrowings amounting to INR.
30,000 million were made during Fiscal Year 2024-25 through issuance of Non-Convertible Debentures. Additionally, no borrowings by way of issuance of debt securities were undertaken during Fiscal Year 2023-24.
