ICRA An Affiliate of Moody's

About Us
About Us

ICRA Limited is an Independent and professional investment information & Credit Rating Agency.
Know more
Profile

ICRA Limited

Vision & Values

To be the preferred partner in providing best in class

Board of Directors

ICRA Limited

Senior Management

ICRA Limited

The ICRA Group

ICRA Limited

CSR Sustainability

ICRA envisions to make stronger communities and

Life At ICRA

Life at ICRA inspires you to give your best and make most

Moody's.com

ICRA Limited

Company Announcements

Keep stakeholders informed about important updates
Ratings
Ratings

As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating
Know more
Ratings Coverage

Corporate Debt Ratings

Financial Sector Ratings

Structured Finance Ratings

Infrastructure Sector Ratings

Other Ratings
Approach & Methodologies

Rating Methodologies

Rating Scale

Guide to Credit Ratings

Ratings Performance

FAQ
Rating Rationales

Mayfair Hotels & Resorts Limited: Ratings Withdrawn 16 Oct 2025

F6 Capital & Finance Private Limited: Ratings Withdrawn 16 Oct 2025

IL&FS Solar Power Limited: Continues to remain under issuer Non-Cooperating category 16 Oct 2025
Research
ICRA Research

ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
Know more
Research Offerings

Banking & Financial Services

Economy

Outlook

Corporate

Climate Series

Cross-sectoral trends & outlook

Structured Finance
Special Comments

EU’s new trade guardrails: A potential spoiler for Indian steel exporters 16 Oct 2025

Impact of RBI’s proposed ECL framework on banks’ capitalisation profile likely to be moderate 15 Oct 2025

RBI’s Draft Framework on Capital Charge for Credit Risk Hints at Relief for Banks 14 Oct 2025
Most Trending Reports

Persistent asset quality challenges to dampen profitability and growth expectations in FY2026 29 Aug 2025

NBFCs hit the slow lane as demand tapers 31 Jul 2025

Growth momentum sustains at a slower pace; improving operational efficiency crucial as competition intensifies 29 Aug 2025
Credit Perspective
About Credit Perspective Reports

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

EU’s new trade guardrails: A potential spoiler for Indian steel exporters 16 Oct 2025

Impact of RBI’s proposed ECL framework on banks’ capitalisation profile likely to be moderate 15 Oct 2025

RBI’s Draft Framework on Capital Charge for Credit Risk Hints at Relief for Banks 14 Oct 2025
Most Trending Research

Persistent asset quality challenges to dampen profitability and growth expectations in FY2026 29 Aug 2025

NBFCs hit the slow lane as demand tapers 31 Jul 2025

Growth momentum sustains at a slower pace; improving operational efficiency crucial as competition intensifies 29 Aug 2025
Explore Latest Reports
Find now
Media
Media & Events

Insights, Events & News Coverage

Newsletter

Webinars

TV Coverage

Events

Podcast

Photo Gallery

Know more
Upcoming Webinars

No data available
What's in the news?

Apr-Sep steel imports slump, but India still net buyer - Mint 09 October 2025

Power Giants Hot Up Thermal Plans with Over Rs 5.5 L cr spends - The Economic Times 09 October 2025

Power Giants Hot Up Thermal Plans with Over Rs 5.5 L cr spends - The Economic Times 09 October 2025
Contact Us

Login

Shalibhadra Finance Limited

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

15 Oct 2025 Shalibhadra Finance Limited: Shalibhadra Finance Limited-CPR-15102025

Home Credit Perspective Reports Shalibhadra Finance Limited

bg-rating-rationales

Entity-Specific Rating Rationales

22 Sep 2025

Shalibhadra Finance Limited: Rating reaffirmed

Shalibhadra Finance Limited: Rating reaffirmed

02 Sep 2024

Shalibhadra Finance Limited: Rating reaffirmed

Shalibhadra Finance Limited: Rating reaffirmed

04 Oct 2023

Shalibhadra Finance Limited: Rating reaffirmed; rated amount enhanced

Shalibhadra Finance Limited: Rating reaffirmed; rated amount enhanced

28 Apr 2023

Shalibhadra Finance Limited: Rating reaffirmed

Shalibhadra Finance Limited: Rating reaffirmed

bg-rating-crediet-reports

Entity-Specific Credit Perspective Reports

15 Oct 2025

Shalibhadra Finance Limited

Shalibhadra Finance Limited (Non-SF)

27 Sep 2024

Shalibhadra Finance Limited

Shalibhadra Finance Limited (Non-SF)

17 May 2023

Shalibhadra Finance Limited

Shalibhadra Finance Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Long term – Fund based/Others	--	--	[ICRA]BBB-(Stable)	--

Our Analysts

Analyst 1

Harsh Mange

2261143400
harsh.mange@icraindia.com

Analyst 2

Neha Parikh

+91 22 61143426
neha.parikh@icraindia.com

Sector Head

Karthik Srinivasan

+91 22 61143444
karthiks@icraindia.com

bg-rating-research

Most Trending Research Reports

View More

bg-rating-rationales

Rating Rationales

View More

Webinars

View all

Credit Quality Trends and Performance of ICRA-Assigned Ratings in H1 FY2026

Mr. K Ravichandran,Mr. Pratik Singhania

01 Oct 2025 04:00 PM

Want to Listen

The Indian Pharmaceutical Industry- Industry at a Crossroads: Navigating Global Challenges and Local Opportunities

Ms. Kinjal Shah,Mr. Deepak Jotwani

18 Sep 2025 04:00 PM

Want to Listen

PPT

View all

Podcast

FY26 Outlook: 6.8% GDP, GST Boost, Festive Cheer & RBI’s Dovish Pause | Aditi Nayar | ICRA

Oct 2025

Media Release

Ask Our Industry Analyst Get in touch with our Business Representative

Please enter your name

Please enter your mobile number

Please enter your email id

Please enter your company name

Name should not be greater than 50 characters

Please choose sector

Please enter your query

Query to have atleast ten characters

Query should not be greater than 1,000 characters

Please verify you are not a Robot.