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Green Infra Renewable Energy Farms Private Ltd: Rating reaffirmed 11 Mar 2026

Ambience Interiors Private Limited: Ratings Reaffirmed 11 Mar 2026

Black Burn & Co. Private Limited: [ICRA]BBB- (Stable)/[ICRA]A3; assigned 11 Mar 2026
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Prolonged conflict risks disruption of energy supplies and shipping routes, impacting outlook for India’s macros and multiple sectors 09 Mar 2026

Monthly Research Compendium 05 Mar 2026

Rising crude oil and LNG prices to adversely impact profitability of midstream and downstream industry 05 Mar 2026
Most Trending Reports

Electricity demand growth to rebound in FY2027; book lossesdrop for all state discoms in FY2025 26 Feb 2026

Steel demand growth is expected at 9-10% in FY2027, supported by infrastructure push 24 Feb 2026

Regulatory reforms drive gradual easing of stalled inventory 04 Mar 2026
Credit Perspective
About Credit Perspective Reports

ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
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Special Comments

Prolonged conflict risks disruption of energy supplies and shipping routes, impacting outlook for India’s macros and multiple sectors 09 Mar 2026

Monthly Research Compendium 05 Mar 2026

Rising crude oil and LNG prices to adversely impact profitability of midstream and downstream industry 05 Mar 2026
Most Trending Research

Electricity demand growth to rebound in FY2027; book lossesdrop for all state discoms in FY2025 26 Feb 2026

Steel demand growth is expected at 9-10% in FY2027, supported by infrastructure push 24 Feb 2026

Regulatory reforms drive gradual easing of stalled inventory 04 Mar 2026
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NHAI rushes to secure bitumen as Iran war disrupts supplies - Mint 09 March 2026

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Hot summer hotter sales - The Hindu Business Line 08 March 2026
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InCred Financial Services Limited

Sector : Finance Sub Sectors : Non Banking Financial Company (NBFC)

03 Dec 2025 InCred Financial Services Limited: InCred Financial Services Limited-SAKTHI NOV 2025-CPR-03122025

Home Credit Perspective Reports InCred Financial Services Limited

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Entity-Specific Rating Rationales

12 Dec 2025

InCred Financial Services Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by Sakthi Nov 2025

InCred Financial Services Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by Sakthi Nov 2025

11 Dec 2025

InCred Financial Services Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by Tejas Sep 2025

InCred Financial Services Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by Tejas Sep 2025

01 Dec 2025

InCred Financial Services Limited: Provisional [ICRA]AA(SO) assigned to PTCs backed by personal loan receivables issued by Sakthi Nov 2025

InCred Financial Services Limited: Provisional [ICRA]AA(SO) assigned to PTCs backed by personal loan receivables issued by Sakthi Nov 2025

17 Sep 2025

InCred Financial Services Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by personal loan receivables issued by Tejas Sep 2025

InCred Financial Services Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by personal loan receivables issued by Tejas Sep 2025

11 Sep 2025

InCred Financial Services Limited: Ratings confirmed as final for PTCs backed by personal loan receivables issued by Pinaka June 2025

InCred Financial Services Limited: Ratings confirmed as final for PTCs backed by personal loan receivables issued by Pinaka June 2025

27 Aug 2025

InCred Financial Services Limited: Ratings reaffirmed

InCred Financial Services Limited: Ratings reaffirmed

07 Jul 2025

InCred Financial Services Limited: Provisional ratings assigned to PTCs backed by a pool of personal loan receivables issued by Pinaka June 2025

InCred Financial Services Limited: Provisional ratings assigned to PTCs backed by a pool of personal loan receivables issued by Pinaka June 2025

26 May 2025

InCred Financial Services Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by Invictus March-2025

InCred Financial Services Limited: Rating confirmed as final for PTCs backed by personal loan receivables issued by Invictus March-2025

27 Mar 2025

InCred Financial Services Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by personal loan receivables issued by Invictus March-2025

InCred Financial Services Limited: Provisional [ICRA]AA+(SO) assigned to PTCs backed by personal loan receivables issued by Invictus March-2025

05 Mar 2025

InCred Financial Services Limited: Update on material event

InCred Financial Services Limited: Update on material event

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Entity-Specific Credit Perspective Reports

03 Dec 2025

InCred Financial Services Limited

InCred Financial Services Limited (SF)

22 Sep 2025

InCred Financial Services Limited

InCred Financial Services Limited (Non-SF)

18 Sep 2025

InCred Financial Services Limited

InCred Financial Services Limited (SF)

08 Jul 2025

InCred Financial Services Limited

InCred Financial Services Limited (SF)

01 Apr 2025

InCred Financial Services Limited

InCred Financial Services Limited (SF)

30 Apr 2024

InCred Financial Services Limited

InCred Financial Services Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
PTC Series A1	--	--	[ICRA]AA(SO)	--
PTC Series A1	--	--	[ICRA]AA+(SO)	--
PTC Series A1	--	--	[ICRA]AAA(SO)	--
PTC Series A2	--	--	[ICRA]AA+(SO)	--
PTC Series A1	--	--	[ICRA]AA+(SO)	--
Non-Convertible Debentures	--	--	[ICRA]AA-(Stable)	--
Commercial Paper	[ICRA]A1+	--	--	--
Market Linked Debentures	--	--	[ICRA]AA-(Stable)PP-MLD	--
Short-term bank lines	*	--	--	--

Our Analysts

Analyst 1

Arijit Datta

9163177916
arijit.datta@icraindia.com

Analyst 2

Gaurav Mashalkar

+91 22 61143431
gaurav.mashalkar@icraindia.com

Sector Head

Manushree Sagar

9810290745
manushrees@icraindia.com

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Road sector hits a slow lane as project awarding moderates

Mr. Suprio Banerjee,Mr. M Rajashekar Reddy

25 Feb 2026 04:00 PM

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Specialty Chemicals: Industry on a slow road to recovery

Girishkumar Kadam,Prashant Vasisht

19 Feb 2026 04:00 PM

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India Automotive Outlook FY2027: Growth Estimates & EV Transition | ICRA Podcast by Srikumar Krishnamurthy

Feb 2026

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