Independent Credit Ratings

Reflecting Stability

Independent credit evaluations highlighting financial strength, debt-servicing capacity, and the overall creditworthiness of the organization.

Credit Rating
  • Rating Agency
  • Instrument
  • Rating
  • Documents
CARE Ratings Limited dated July 09, 2026
Non-Convertible Bonds
Care A+; Positive
/content/dam/aero-investor-pdf/credit-rating/CARE%20Ratings%20Limited%20dated%20July%2009,%202026.pdf
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CARE Ratings Limited dated July 09, 2026
Long-term / Short-term bank facilities
Care A+; Positive/Care A1+
/content/dam/aero-investor-pdf/credit-rating/CARE%20Ratings%20Limited%20dated%20July%2009,%202026.pdf
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CARE Ratings Limited dated July 09, 2026
Short-term bank facilities
Care A1+
/content/dam/aero-investor-pdf/credit-rating/CARE%20Ratings%20Limited%20dated%20July%2009,%202026.pdf
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Crisil Ratings Limited dated February 12, 2026
Non-Convertible Bonds
Crisil A+/Stable (reaffirmed)
/content/dam/aero-investor-pdf/credit-rating/Crisil-Ratings-Limited-Rating-Rationale-12022026.pdf
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Crisil Ratings Limited dated February 12, 2026
Short-term bank facilities
Withdrawn
/content/dam/aero-investor-pdf/credit-rating/Crisil-Ratings-Limited-Rating-Rationale-12022026(1).pdf
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CARE Ratings Limited dated December 19, 2025
Long-term / Short-term bank facilities
CARE A; Stable / CARE A1
/content/dam/aero-investor-pdf/credit-rating/Rating-Letter-GAL-Bank-Facilities-Dec-2025.pdf
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CARE Ratings Limited dated December 19, 2025
Non-Convertible Debentures
CARE A; Stable
/content/dam/aero-investor-pdf/credit-rating/rating-letter-gal-ncbs-dec-2025.pdf
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Crisil Ratings Limited dated July 25, 2025
Non-Convertible Debentures
Crisil A+/Stable
/content/dam/aero-investor-pdf/credit-rating/Annex1-GMRINFRTL-NCD-6000-25Jul2025-NEW.pdf
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Crisil Ratings Limited dated July 25, 2025
Short-term bank facilities
CRISIL A1
/content/dam/aero-investor-pdf/credit-rating/Annex2-GMRINFRTL-25Jul2025-NEW.pdf
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CARE Ratings Limited dated June 23, 2025
Non-Convertible Bonds
CARE A; Outlook: Stable
CARE Ratings Limited dated June 23, 2025
Long-term / Short-term bank facilities
CARE A; Outlook: Stable / CARE A1
CARE Ratings Limited dated March 27, 2025
Non-Convertible Bonds
CARE BBB+; Stable/CARE (Triple B Plus); Outlook: Stable
/content/dam/aero-investor-pdf/credit-rating/PR-GAL-Mar-25-For-Publishing.pdf
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CARE Ratings Limited dated March 27, 2025
Long-term / Short-term bank facilities
CARE BBB+; Stable/ CARE (Triple B Plus); Outlook: Stable/ CARE A2
/content/dam/aero-investor-pdf/credit-rating/PR-GAL-Mar-25-For-Publishing(1).pdf
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Infomerics Valuation and Rating Private Limited (IVR)