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Entity-Specific Rating Rationales

13 Mar 2025

Phoenix Conveyor Belt India (P) Limited: Ratings Reaffirmed; outlook revised to Stable

Phoenix Conveyor Belt India (P) Limited: Ratings Reaffirmed; outlook revised to Stable

18 Mar 2024

Phoenix Conveyor Belt India (P) Limited: Ratings reaffirmed; outlook revised to Positive

Phoenix Conveyor Belt India (P) Limited: Ratings reaffirmed; outlook revised to Positive

19 Jan 2023

Phoenix Conveyor Belt India (P) Limited: Ratings reaffirmed

Phoenix Conveyor Belt India (P) Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

14 Apr 2025

Phoenix Conveyor Belt India (P) Limited

Phoenix Conveyor Belt India (P) Limited (Non-SF)

15 Apr 2024

Phoenix Conveyor Belt India (P) Limited

Phoenix Conveyor Belt India (P) Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long Term/Short Term -Non-Fund based Limits – Bank Guarantee/ Letter of Credit [ICRA]A1+ -- [ICRA]A+(Stable) --

Our Analysts

Analyst 1

Rishin Devnath

Analyst 2

Sumit Jhunjhunwala

Sector Head

Girishkumar Kashiram Kadam
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