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Entity-Specific Rating Rationales

09 Apr 2026

Hemant Surgical Industries Limited: Ratings upgraded to [ICRA]BBB(Stable)/ [ICRA]A3+; rated amount enhanced

Hemant Surgical Industries Limited: Ratings upgraded to [ICRA]BBB(Stable)/ [ICRA]A3+; rated amount enhanced

22 Jan 2025

Hemant Surgical Industries Limited: [ICRA]BBB-(Stable)/[ICRA]A3; assigned

Hemant Surgical Industries Limited: [ICRA]BBB-(Stable)/[ICRA]A3; assigned

15 Oct 2024

Hemant Surgical Industries Limited: Ratings withdrawn

Hemant Surgical Industries Limited: Ratings withdrawn

30 Aug 2024

Hemant Surgical Industries Limited: Outlook revised to Stable from Positive, continues to remain under issuer Non-Cooperating category

Hemant Surgical Industries Limited: Outlook revised to Stable from Positive, continues to remain under issuer Non-Cooperating category

18 Aug 2023

Hemant Surgical Industries Limited: Ratings moved to Issuer Non-Cooperating Category

Hemant Surgical Industries Limited: Ratings moved to Issuer Non-Cooperating Category

27 Jun 2023

Hemant Surgical Industries Limited: Ratings upgraded; outlook revised to Positive

Hemant Surgical Industries Limited: Ratings upgraded; outlook revised to Positive

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Entity-Specific Credit Perspective Reports

06 May 2026

Hemant Surgical Industries Limited

Hemant Surgical Industries Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Short-term – Non-fund based – Others [ICRA]A3+ -- -- --
Long-term – Fund-based – Cash Credit -- -- [ICRA]BBB(Stable) --
Fund Based- Working Capital -- -- Withdrawn --
Short-Term – Non-Fund Based Limit Withdrawn -- -- --
Unallocated Limit Withdrawn -- Withdrawn --

Our Analysts

Analyst 1

Gaurav Kushwaha

Analyst 2

Deepak Jotwani

Sector Head

Jitin Makkar
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