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Home Credit Perspective Reports Ramco Systems Limited
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Entity-Specific Rating Rationales

19 Sep 2025

Ramco Systems Limited: Ratings reaffirmed

Ramco Systems Limited: Ratings reaffirmed

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06 Sep 2024

Ramco Systems Limited: Ratings reaffirmed; Outlook revised to Stable

Ramco Systems Limited: Ratings reaffirmed; Outlook revised to Stable

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08 Nov 2023

Ramco Systems Limited: Ratings downgraded

Ramco Systems Limited: Ratings downgraded

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30 Jun 2023

Ramco Systems Limited: Long-term rating downgraded, Short-term rating reaffirmed

Ramco Systems Limited: Long-term rating downgraded, Short-term rating reaffirmed

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Entity-Specific Credit Perspective Reports

22 Oct 2025

Ramco Systems Limited

Ramco Systems Limited (Non-SF)

07 Oct 2024

Ramco Systems Limited

Ramco Systems Limited (Non-SF)

31 Jul 2023

Ramco Systems Limited

Ramco Systems Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Cash Credit -- -- [ICRA]BBB+(Stable) --
Unallocated Limits [ICRA]A2 -- [ICRA]BBB+(Stable) --
Short Term- Non-fund Based [ICRA]A2 -- -- --
Short term fund-based [ICRA]A2 -- -- --

Our Analysts

Analyst 1

Roshan Dugar

Analyst 2

Nithya Debbadi

Sector Head

Jitin Makkar
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