Credit Ratings

External evaluations of company performance are vital to building confidence and trust; credit ratings are especially important indicators of financial health. Samvardhana Motherson International Ltd. (SAMIL), (formerly Motherson Sumi Systems Limited (MSSL)) is pleased to share its credit ratings from major credit ratings agencies.

SAMIL is rated by Moody’s Investors Service and two major domestic rating agencies (ICRA & CRISIL).

International Rating

Moody's*

Long term Rating
Ba1 corporate family rating (CFR). Outlook revised to ‘Stable’ from “Negative".”.

Domestic Rating

ICRA

Commercial Papers
A1+
Short term Rating
A1+
Long term Rating
AA+ (Stable outlook)
Non-convertible Debentures
-
Issuer Rating
-

CRISIL

Commercial Papers
CRISIL A1+ (Reaffirmed)
Short term Rating
CRISIL A1+ (Reaffirmed)
Long term Rating
CRISIL AA+/Positive (Reaffirmed)
Non-convertible Debentures
-
Issuer Rating
-

India Ratings and Research

Commercial Papers
IND A1+
Short term Rating
IND AAA /Stable/ IND A1+
Long term Rating
IND AAA / Stable
Non-convertible Debentures
IND AAA / Stable
Issuer Rating
IND AAA / Stable