- Adani Ports and Special Economic Zone (APSEZ) attains top credit rating ‘AAA’ from CARE Ratings, reflecting strong financial standing.
- APSEZ becomes the first large private infrastructure developer in India to receive this prestigious recognition.
- The company’s robust integrated model, industry dominance, and high profitability contribute to the credit rating upgrade.
Adani Ports and Special Economic Zone (APSEZ) has received a significant boost with CARE Ratings awarding it the highest credit rating of ‘AAA’. This achievement underscores APSEZ’s strong financial position and ability to meet its financial obligations.
Notably, APSEZ becomes the first major private infrastructure developer in India to earn this esteemed credit rating. The rating is attributed to APSEZ’s resilient integrated model, leading industry position, and impressive growth trajectory, characterized by healthy profitability and low leverage.
Managing Director of APSEZ, Karan Adani, expressed pride in the company’s financial discipline and commitment to excellence, highlighting APSEZ’s diversified asset base and customer portfolio. This recognition reflects APSEZ’s unwavering dedication to financial prudence and operational excellence in the infrastructure sector.
Excited to share that @Adaniports has earned ‘AAA’ credit rating from @CareEdge_Group. It is the 1st private infrastructure developer in India to achieve this feat! The recognition reflects our robust business model, strong industry position & commitment to financial excellence.
— Karan Adani (@AdaniKaran) May 1, 2024
