ABOUT ICRA
INVESTORS
CAREERS
ALUMNI
CONTACT US
Profile
ICRA Over the Years: A Chronicle
Group ICRA
Board of Directors
Senior Management
Code of Conduct
Overview
ICRA Limited
IMaCs
ICTEAS
ICRA Online
PT. ICRA Indonesia
ICRA Lanka Limited
Performance Review
Financial Performance
Corporate Governance
Shareholding Pattern
Memorandum of Association
Articles of Association
Registrar and Share Transfer Agent
Grievance Redressal
Investors FAQs
NECS Mandate Form
Notices
Press Releases
Annual Reports
Quarterly Reports
Double Leveraging in Infrastructure Sector – A Credit Concern
Wholesale Price Index April 2012: Headline inflation rose to a higher-than-expected 7.23%
Index of Industrial Production March 2012: Unexpected contraction of 3.5%; Sluggish 2.8% industrial growth in FY12
Audited Financial Results for the Quarter and the Year ended March 31, 2012
ICRA Techno Analytics Picking Up Majority Stake in US Tech Firm
ICRA’s Education Institute Grading Service Gains Momentum
RBI cuts repo rate by higher-than-expected 50 bps; shift in stance to address moderating growth
Wholesale Price Index March 2012: Headline inflation eases to 6.9%, lower than RBI’s baseline projection (7.0%) but higher than expectation (6.8%)
Financial Markets & Banking Update —Vol. 4: FY2011-12 - Substantial Government borrowing and muted deposit growth expected to result in moderate Bank credit offtake in FY 13; GDP growth unlikely to revive considerably
Index of Industrial Production February 2012: Pace of growth declines to 4.1%, in line with our expectations; FY12 industrial growth expected at around 3.5%
INDIAN HOTELS INDUSTRY - Consumer confidence low; revival contingent on global environment
ICRA sees stable outlook for west & south based sugar mills for SY 2011-12; uttar pradesh based mills to be impacted by significant increase in cane costs...
MBS Pools Rated by ICRA:- Summary Update on Performance Till December 2011
STATE-OWNED ELECTRICITY DISTRIBUTION COMPANIES: Some positives, though several concerns remain...
RBI measures to impact growth and profitability of gold loan companies
Union Budget, 2012-13: Realistic Assessment of Fiscal Situation and an absence of Big-Ticket Announcements
ICRA’s Comments on the RBI’s Mid-Quarter Monetary Policy Review, March 2012
INDIAN PHARMACEUTICAL SECTOR - Growth drivers strengthen in the near term; Patent expiries in the U.S. & Europe and domestic market are key
INDIAN AVIATION INDUSTRY Through turbulent times, FDI relaxation alone not a game changer
Wholesale Price Index February 2012: Headline inflation rises to 6.95%, higher than an expected 6.8%
INDIAN AUTO COMPONENTS INDUSTRY - Replacement market and exports hold up growth at above OEMs’ levels; cost pressures, currency volatility and threat of imports remain a challenge
Index of Industrial Production January 2012: Pace of Growth improves to seven-month high of 6.8%, substantially exceeding expectations
ICRA first to rate IIFCL-guaranteed NCD issue; rates proposed Rs 320 cr NCD issue by GMR entity
Union Budget, 2012-13: Credible roadmap for fiscal consolidation awaited
Outlook for the Indian Economy: Growth expected to remain moderate in 2012-13 unless substantive policy measures are undertaken to boost investment sentiments
INDIAN ROAD SECTOR - Performance review for Q3, FY2012
Indian Banks witness sharp increase in NPAs and restructured advances; earnings remain stable
GDP Growth, Q3FY12: Pace of GDP Growth eases further to 6.1%, the slowest rate of expansion in 11 quarters
INDIAN TRACTOR INDUSTRY - Cyclical moderation in growth ahead
DOT DECISIONS ON SPECTRUM MANAGEMENT AND LICENSING FRAMEWORK: IMPACT ASSESSMENT
INDIAN TWO-WHEELER INDUSTRY - Volume growth decelerates in Q3, 2011-12; slower growth expected in Q4, 2011-12 as well
Wholesale Price Index January 2012: Headline inflation eases to 6.6%, in line with expectations
Higher risk adjusted returns aids growth in industry debt assets under management; Debt asset quality of ICRA rated schemes remains stable
Index of Industrial Production December 2011: Pace of Growth slows to 1.8% from 5.9% in November 2011
Debt burden of State Governments remains considerable; however, a back-ended repayment pattern would support liquidity in the medium term
Revised coal price mechanism: Sponge Iron, Cement units expected to be significantly affected; impact on power sector likely to be mixed
ICRA Comments on the RBI’s Third Quarter Review of Monetary Policy for 2011-12 – January 2012
Financial Markets & Banking Update —Vol. 3: FY2011-12
Wholesale Price Index December 2011: Headline inflation eases to a 24-month low of 7.5%
Index of Industrial Production November 2011: Expansion of 5.9% exceeds expectations, led by double-digit growth of consumer goods
Performance of ICRA-Assigned Ratings Update for 2011
Wind Energy Sector: Key Trends & Outlook
Bids for New City Gas Distribution Projects: Case for Cautious Approach
Indian Commercial Vehicle Industry Slowdown imminent as headwinds gain momentum
Indian Passanger Vehicle Industry Macro-economic factors + production-disruptions put brakes on sales
Indian Auto Components Industry Mixed performance so far; future looks uncertain
INDIAN CONSTRUCTION SECTOR CHALLENGING SHORT-TERM OUTLOOK ON INTENSIFYING EXECUTION RISKS
ICRA’s Comments on the RBI’s Mid-Quarter Monetary Policy Review, December 2011
INDIAN COMMERCIAL VEHICLE INDUSTRY Slowdown imminent as headwinds gain momentum QUARTERLY REVIEW DECEMBER 2011
MBS Pools Rated by ICRA:- Report on Performance till September 2011
Index of Industrial Production October 2011: De-Growth of 5.1% led by broad-based slowdown in output
INDIAN RETAIL INDUSTRY: An Update Relaxation of FDI norms for the Indian Retail Sector, albeit continues to face political roadblocks
Fiscal Consolidation: Balancing the Revenue Account could be Challenging for Indian States in 2011-12
GDP Growth, Q2FY12: Pace of GDP Growth eases to 6.9%, de-growth in investment presents a worrying sign
Outlook for the Indian Economy worsens
ABS Pools Rated by ICRA:- Report on Performance till September 2011
INDIAN PHARMACEUTICAL INDUSTRY: An Update The proposed NPPP 2011: Price reductions imminent but industry dynamics to ensure relatively limited impact on most companies
Index of Industrial Production September 2011: Growth slows to 1.9% led by contraction in capital goods and consumer non-durables
INDIAN TWO-WHEELER INDUSTRY Steady Growth Continues
REVISED TRAI RECOMMENDATIONS ON SPECTRUM MANAGEMENT AND LICENSING FRAMEWORK: FACILITATING CONSOLIDATION IN THE TELECOM INDUSTRY
Margin Outlook for Indian Steelmakers Weakens
Industry Outlook and Performance Review of Housing Finance Companies and the Indian Mortgage Finance Market for 2010-11
ICRA Comments on the RBI’s Second Quarter Review of Monetary Policy for 2011-12 – October 2011
Indian Downstream Natural Gas Sector: Ballooning Natural Gas Supply-Demand Deficit to Fuel LNG Imports
Financial Markets & Banking Update —Vol. 2: FY2011-12
PRIVATE HIGHER EDUCATION INSTITUTES: OPPORTUNITIES ABOUND, BUT CREDITWORTHINESS STILL LOW
DRAFT NATIONAL TELECOM POLICY 2011: IN THE RIGHT DIRECTION, ROADMAP FOR IMPLEMENTATION WOULD BE CRUCIAL
Index of Industrial Production August 2011: Growth remains sluggish for the second consecutive month
Indian port sector: Growth plans ambitious but uncertainty hangs over implementation
ICRA’s Comments on the RBI’s Mid-Quarter Monetary Policy Review, September 2011
Draft Guidelines for New Bank Licences: Watchful Advancement by RBI
Index of Industrial Production July 2011: Growth slows to 3.3% led by a de-growth of capital goods
MBS Pools Rated by ICRA:- Summary Update On Performance till June 2011
PT ICRA Indonesia obtains central bank recognition
Domestic BTG Equipment Industry: Strong headwinds in the near term
INDIAN AUTO COMPONENTS INDUSTRY Moderation in growth imminent, though longer term demand drivers remain intact
INDIAN TYRE INDUSTRY: Softening rubber price a small relief in the face of slowing automotive demand and rising threat of imports
GDP Growth, Q1FY12: Pace of Growth broadly in line with Expectations at 7.7%
Performance of ICRA-Assigned Ratings Update for first quarter of 2011-12
ABS Pools Rated by ICRA:- Summary Update On Performance till June 2011
Index of Industrial Production June 2011: Improvement in growth to 8.8% led by a sharp growth of capital goods does not signal a sustainable trend
Unaudited Financial Results for the First Quarter ended June 30, 2011
COTTON SPINNING INDUSTRY IN TAILSPIN AFTER RECENT FALL IN COTTON PRICES AND RISING INTEREST RATES
Nutrient-based subsidy for urea a positive step, but impact likely to be neutral for the credit profile of gas-based urea manufacturers: ICRA
EQUITY BROKERAGE INDUSTRY Competitive pressures & structural changes point to near term challenges for the broking industry
Private Sector IPPs: Trends & Outlook
ICRA Comments on RBI’s First Quarter Review of Monetary Policy Statement for 2011-12
Indian Hotels Industry: Pricing Power On Slow Recovery
Financial Markets & Banking Update —Vol. 1: FY2011-12
Discount Apparel Brands: Time to do away with the ‘Discounts’?
Index of Industrial Production May 2011: Growth below 6% for the second consecutive month
Indian Television Broadcasting Industry: Recent Developments
Indian Edible Oils Industry: Key Trends and Credit Implications
INDIAN COMMERCIAL VEHICLE SECTOR:Moving to slower speed but not hitting speed breakers yet
Indian Banking System: Q4FY11: Performance Review & Outlook
Indian Banking Sector: Challenges unlikely to derail the progress made
Poultry Industry - Broiler Meat and Table Egg
Auto & Auto Components Industry: Relevance of frugal engineering to increase in the backdrop of rising commodity and fuel prices
TWO-WHEELER INDUSTRY: GROWTH DRIVERS INTACT
Performance of ICRA- Assigned Ratings: Update for 2010-11
GDP Growth, Q4FY11: Growth Moderates in Q4FY11 as expected; Growth for April-December 2010 Revised Upwards
ABS Pools Rated by ICRA:- Report on Performance till March 2011
Credit quality of ICRA-rated MF schemes maintained amid slowdown in inflows
RATINGS
GRADINGS
RATING/GRADING SCALE
RATING METHODOLOGIES
CURRENT RATING LIST
SPECIAL COMMENTS
ECONOMY AND DEBT MARKET
ICRA BULLETIN: MONEY &
FINANCE
FAQs
Corporate Debt Rating
Financial Sector Rating
Issuer Rating
Bank Loan/Line of Credit Rating (Basel II)
Corporate Governance Rating
Public Finance Rating
Structured Finance Rating
SME Rating
Mutual Fund Rating
Infrastructure Sector Rating
Insurance Sector Rating
Project Finance Rating
Collective Investment Scheme
Rating Committee
Withdrawal/Suspension Policy
FAQs
Grading of IPO
Solar Power Gradings
Microfinance Institutions
Construction Grading
Real Estate Grading
Maritime Grading
Healthcare Grading
Engineering Colleges/Universities
Management Education Institutes
Non Ferrous Metals April 2012
Non Banking Finance Companies
Indian Power Sector, March 2012
Industry Monitor, March 2012
Industry Monitor, February 2012
Indian Manmade Fibres Industry, February 2012
Indian Edible Oils Industry-January 2012
Indian Fertilisers Industry,January 2012
Indian Steel Industry, January 2012
Economic Trends and Outlook December 2011
More...
Live Ratings
Please choose the category/sub-category of the entity whose Ratings you wish to view.
Select
Corporate Debt Rating
Financial Sector Rating
Insurance Sector Rating
Infrastructure Sector Rating
Structured Finance Rating
Public Finance Rating
Corporate Governance Rating
Issuer Rating
Mutual Fund Rating
SME Rating
Project Finance Rating
Bank Loan/Line of Credit Rating (Basel II)
All
Any
[0-9]
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
0