Expert RA Agency has assigned INGC LLC ruBBB credit rating which complies with the third category according to the agency’s scale and it indicates a satisfactory level of the credit quality. The rating outlook has been determined as stable reflecting the agency’s confidence in retention of the company’s financial stability.
When determining the rating, the specialists of Expert RA took into account the moderate business profitability, stable position of the company in the market and balanced capital structure. A moderate debt burden and stable operating activities facilitating timely performance of obligations have been also taken into account.
INGC LLC carries out activities on development and manufacturing of gas pumping and power-generating units and reciprocating compressor units used at the enterprises of oil and gas and energy industries as well as it performs a complete cycle of work: from equipment design to installation and commissioning on site.
The credit rating has been assigned pursuant to the IFRS consolidated statements of INGC LLC.
The ruBBB rating indicates that the company has sufficient resources for performance of its obligations despite possible changes in the external environment. The stable outlook indicates that there are no risks of significant deterioration in the financial position over the medium term.
Grounds for the rating:
1. Average assessment of the industry risk profile
2. Moderately strong market and competitive positions
3. Comfortable level of profitability
4. Acceptable level of debt burden with the increased level of interest burden
5. Acceptable liquidity position
6. Moderately low level of corporate risks
The company develops progressively performing all its obligations to the customers; it regularly confirms compliance with high standards through recertification; it builds on its business reputation and it interacts actively with the bank rating agencies to ensure transparency and confidence in its activities.
For INGC, assignment of this rating has become a confirmation of its stable movement in the right direction and it serves as a powerful incentive for continuous improvement of its business processes and enhancement of its financial reliability.
Press release: https://raexpert.ru/releases/2025/dec15f