ICRA Limited

Sany Heavy Industry India Private Limited

Sector : Agricultural, Commercial & Construction Vehicles Sub Sectors : Construction Vehicles

02 Jun 2025 Sany Heavy Industry India Private Limited: Sany Heavy Industry India Private Limited-CPR-02062025

Home Credit Perspective Reports Sany Heavy Industry India Private Limited

Entity-Specific Rating Rationales

29 Apr 2025

Sany Heavy Industry India Private Limited: Ratings upgraded to [ICRA]A-(Stable)/ [ICRA]A2+

31 Jan 2024

Sany Heavy Industry India Private Limited: Ratings reaffirmed; outlook revised to Stable

13 Mar 2023

Sany Heavy Industry India Private Limited: Ratings downgraded to [ICRA]BBB+(Negative)/[ICRA]A2

Entity-Specific Credit Perspective Reports

02 Jun 2025

Sany Heavy Industry India Private Limited

Sany Heavy Industry India Private Limited (Non-SF)

12 Apr 2023

Sany Heavy Industry India Private Limited

Sany Heavy Industry India Private Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Long Term – Unallocated	--	--	[ICRA]A-(Stable)	--
Short Term – Unallocated	[ICRA]A2+	--	--	--

Our Analysts

Analyst 1

Anirudh Goel

918384027766
anirudh.goel@icraindia.com

Analyst 2

Rohit Agarwal

22 6169 3329
rohit.agarwal@icraindia.com

Sector Head

Ashish Modani

898389 2332
ashish.modani@icraindia.com

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