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ICRA assigns ‘BBB (Stable)’ rating to Easun Reyrolle’s term loan

01 Feb 2012 Evaluate

ICRA has assigned ‘BBB (Stable)’ rating to Easun Reyrolle’s term loan worth Rs 90 crore. The credit rating agency has assigned the similar rating for company’s working capital loan-long term worth Rs 84 crore. Meanwhile, ICRA has assigned, ‘A3+’ rating for company’s working capital loan-short term.

Easun Reyrolle is an acknowledged leader in the field of electrical power management. It offers a ‘One Touch Access’ to power system solutions, as a dependable partner to customers, in India and abroad. Easun Reyrolle offers products, system, solutions and services to manage power generation, transmission, distribution or utility segment. It is an ISO 9000-2008 certified company.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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