Infomerics assigns new ratings for Consolidated Construction Consortium

Consolidated Construction Consortium Limited (CCCL) announced on November 19, 2025, that Infomerics Valuation and Rating Ltd. has assigned new credit ratings for its bank facilities. The long-term/short-term bank facilities of INR 125.00 crore were rated IVR BB/Stable / IVR A4, while short-term bank facilities of INR 25.00 crore received an IVR A4 rating. The total amount rated is INR 150.00 crore. These ratings follow the withdrawal of an earlier rating from CAREEDGE Rating, which did not account for a settlement made by the promoters under Section 12A of the IBC Act, 2016.

The ratings consider CCCL's experienced promoters, satisfactory order book providing near-term revenue visibility, and a debt-free capital structure post-settlement. As of August 31, 2025, the company held cash and bank balances of INR 209.80 crore. However, the ratings are constrained by a moderate scale of operations, operational losses in FY25 and preceding years, intense competition, and susceptibility to raw material price fluctuations.

The company's unexecuted order book stands at INR 611.15 crore, representing approximately 3.44x of its FY25 construction revenue. A significant portion of this, INR 282.06 crore, is expected to be realized in the current fiscal year, providing healthy execution momentum. The company reported a total operating income of INR 177.91 crore and a PAT of INR 50.40 crore for the year ended March 31, 2025.