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Entity-Specific Rating Rationales

20 Jun 2025

Cowtown Infotech Services Limited: Ratings reaffirmed for existing limits; [ICRA]AA (Stable)/[ICRA]A1+ assigned for enhanced amount

Cowtown Infotech Services Limited: Ratings reaffirmed for existing limits; [ICRA]AA (Stable)/[ICRA]A1+ assigned for enhanced amount

27 May 2025

Cowtown Infotech Services Limited: Long-term rating upgraded to [ICRA]AA (Stable); short-term rating reaffirmed; outlook revised to Stable from Positive

Cowtown Infotech Services Limited: Long-term rating upgraded to [ICRA]AA (Stable); short-term rating reaffirmed; outlook revised to Stable from Positive

26 Feb 2025

Cowtown Infotech Services Limited: [ICRA]AA- (Positive)/A1+ assigned

Cowtown Infotech Services Limited: [ICRA]AA- (Positive)/A1+ assigned

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Entity-Specific Credit Perspective Reports

09 Jul 2025

Cowtown Infotech Services Limited

Cowtown Infotech Services Limited (Non-SF)

27 Mar 2025

Cowtown Infotech Services Limited

Cowtown Infotech Services Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long term fund based – Working capital limits -- -- [ICRA]AA(Stable) --
Non-fund Based – Letter of Credit [ICRA]A1+ -- -- --
Long-term – Proposed fund-based – Working capital -- -- [ICRA]AA(Stable) --

Our Analysts

Analyst 1

Hemanth Vasishta Attaluri

Analyst 2

Pulkit Varshney

Sector Head

Ashish Modani
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