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Entity-Specific Rating Rationales

29 Apr 2025

Natco Pharma Limited: Ratings reaffirmed

Natco Pharma Limited: Ratings reaffirmed

30 Apr 2024

Natco Pharma Limited: Ratings reaffirmed

Natco Pharma Limited: Ratings reaffirmed

28 Apr 2023

Natco Pharma Limited: Ratings reaffirmed

Natco Pharma Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

28 May 2025

Natco Pharma Limited

Natco Pharma Limited (Non-SF)

29 May 2024

Natco Pharma Limited

Natco Pharma Limited (Non-SF)

17 May 2023

Natco Pharma Limited

Natco Pharma Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long-term/Short-term Unallocated Limits [ICRA]A1+ -- [ICRA]AA(Stable) --
Fund based working capital limits [ICRA]A1+ -- [ICRA]AA(Stable) --
Non Fund Based Working Capital Limits [ICRA]A1+ -- [ICRA]AA(Stable) --
Commercial Paper [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Piyush Kedar

Analyst 2

Mythri Macherla

Sector Head

Jitin Makkar
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Securities Broking Sector: Structural drivers to support performance at a healthy level, despite signs of deceleration

Securities Broking Sector: Structural drivers to support performance at a healthy level, despite signs of deceleration
--By Mr. Karthik Srinivasan,Mr. Anil Gupta,Mr. Deep Inder Singh
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28 May 2025 04:00 PM

ICRA Webinar on Thermal Generation and Power Distribution – Trends & Outlook

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08 Apr 2025 04:00 PM

ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable

--By Mr Karthik Srinivasan,Mr Anil Gupta,Mr Sachin Sachdeva
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