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Home Credit Perspective Reports TP Western Odisha Distribution Limited
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Entity-Specific Rating Rationales

20 Mar 2026

TP Western Odisha Distribution Limited: Ratings reaffirmed; rated amount enhanced

TP Western Odisha Distribution Limited: Ratings reaffirmed; rated amount enhanced

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03 Jul 2025

TP Western Odisha Distribution Limited: Ratings reaffirmed; rated amount enhanced

TP Western Odisha Distribution Limited: Ratings reaffirmed; rated amount enhanced

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23 Aug 2024

TP Western Odisha Distribution Limited: Ratings reaffirmed; rated amount enhanced

TP Western Odisha Distribution Limited: Ratings reaffirmed; rated amount enhanced

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04 Jul 2024

TP Western Odisha Distribution Limited: Long-term rating upgraded and outlook revised to Stable; short-term rating reaffirmed

TP Western Odisha Distribution Limited: Long-term rating upgraded and outlook revised to Stable; short-term rating reaffirmed

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11 Jul 2023

TP Western Odisha Distribution Limited: Ratings reaffirmed and outlook on long-term rating revised to Positive

TP Western Odisha Distribution Limited: Ratings reaffirmed and outlook on long-term rating revised to Positive

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Entity-Specific Credit Perspective Reports

31 Jul 2025

TP Western Odisha Distribution Limited

TP Western Odisha Distribution Limited (Non-SF)

01 Aug 2024

TP Western Odisha Distribution Limited

TP Western Odisha Distribution Limited (Non-SF)

11 Aug 2023

TP Western Odisha Distribution Limited

TP Western Odisha Distribution Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Short-term – Non-fund based – Letter of credit [ICRA]A1+ -- -- --
Long-term – Fund-based – Cash Credit -- -- [ICRA]AA(Stable) --
Long-term – Fund-based – Proposed Limits -- -- [ICRA]AA(Stable) --
Long-term – Fund-based – Term Loan -- -- [ICRA]AA(Stable) --

Our Analysts

Analyst 1

Saurabh Gupta

Analyst 2

Rachit Mehta

Sector Head

Girishkumar Kashiram Kadam
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