05 March 2026, Ahmedabad – Advait Energy Transitions Limited (AETL; BSE: 543230 | NSE: ADVAIT) is pleased to announce a credit rating upgrade by CRISIL Ratings Limited, one of India’s most respected credit assessment agencies. The revised ratings, published on March 2, 2026, reflect AETL’s consistently strengthening financial profile, expanded operational capabilities, and growing strategic relevance in India’s energy transition landscape.
CRISIL has upgraded AETL’s Long-Term Rating to CRISIL A-/Stable from CRISIL BBB+/Stable, and the Short-Term Rating to CRISIL A2+ from CRISIL A2. In a further mark of confidence, the total bank loan facilities rated have been expanded nearly fourfold — from ₹110 Crore to ₹405 Crore — in alignment with the Company’s accelerating growth trajectory.
Key Rating Highlights:
- Total Bank Loan Facilities Rated: ₹405 Crore (Earlier ₹110 Crore)
- Long-Term Rating: Upgraded to CRISIL A-/Stable
- Short-Term Rating: Upgraded to CRISIL A2+
The rating upgrade underscores Advait Energy Transitions Limited’s robust operational performance, strong order book visibility, disciplined execution capabilities, and prudent financial management. The Stable outlook reflects confidence in the Company’s ability to maintain its credit metrics while pursuing expansion across renewable energy, hydrogen, transmission infrastructure, and emerging energy transition platforms.
AETL is advancing construction of a multi-integrated manufacturing facility in Ahmedabad, Gujarat — designed to consolidate production capabilities across power transmission equipment, renewable energy systems, battery energy storage, and hydrogen technologies under one roof. The facility is expected to commence operations in the upcoming times, and will significantly strengthen the Company’s domestic manufacturing backbone, reduce supply chain dependencies, and position AETL to competitively bid for large-scale, vertically integrated energy transition projects.
“This upgrade to CRISIL A-/Stable is a recognition of the consistent work our team has put in across every dimension of our business, from execution quality and financial discipline to our expansion into new energy verticals. We have always believed that our existing business is capable of funding its own growth, and this rating reinforces that conviction.” — Shalin Sheth, Founder & Managing Director, Advait Energy Transitions Limited
