RSWM’s Rs 21.56 billion Credit Facilities Rated IND A With Stable Outlook by India Ratings
June 11, 2026 | By Textile Sphere India
The revised outlook reflects the Company’s strong financial position, disciplined capital management, and consistent operational performance.
RSWM, one of India’s leading manufacturers of value-added synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, of the LNJ Bhilwara Group, is pleased to announce that India Ratings & Research (Ind-Ra) has revised the Company’s outlook from Negative to Stable while affirming its long-term issuer rating at IND A.
The revision marks a significant milestone for the Company, as RSWM had maintained a Negative outlook over the past two financial years. The revised outlook reflects the Company’s strong financial position, disciplined capital management, and consistent operational performance.
Rating Details:
Instrument Type | Size of Issue |
Assigned Rating |
Rating Action |
Issuer Rating | – | IND A/Stable | Affirmed; Outlook revised to Stable |
Bank Loan Facilities | Rs 34.5 Cr | IND A/Stable/IND A1 | Assigned |
Bank Loan Facilities | Rs 2,121.3 Cr | IND A/Stable /IND A1 | Affirmed; Outlook revised to Stable |
Commenting on the rating revision, Riju Jhunjhunwala, Chairman & Managing Director and CEO, RSWM, said, “The revision of our outlook to Stable reflects the strength of RSWM’s business fundamentals, financial discipline, and resilience. We remain committed to driving sustainable growth while maintaining a prudent approach to capital allocation and balance sheet management. “
Rajeev Gupta, Joint Managing Director, RSWM, said, “This positive rating action is a recognition of our continued focus on operational excellence and financial prudence under the RSWM 2.0 initiative. We will continue to strengthen our market position through innovation, efficiency, and value creation for all stakeholders. “
#TAGS RSWM, value-added synthetic, mélange, cotton, blended yarns, denim fabric, knitted fabric, green polyester fibre, LNJ Bhilwara Group, India Ratings & Research,