ICRA An Affiliate of Moody's

Entity-Specific Rating Rationales

25 Sep 2025

Pacific Development Corporation Limited: Ratings Reaffirmed; Assigned for enhanced amount

25 Jun 2024

Pacific Development Corporation Limited: Update on change in limits

11 Jun 2024

Pacific Development Corporation Limited: Ratings reaffirmed

29 Aug 2023

Pacific Development Corporation Limited: Long-term rating upgraded; short-term rating reaffirmed; rated amount enhanced

Entity-Specific Credit Perspective Reports

28 Oct 2025

Pacific Development Corporation Limited

Pacific Development Corporation Limited (Non-SF)

01 Jul 2024

Pacific Development Corporation Limited

Pacific Development Corporation Limited (Non-SF)

25 Sep 2023

Pacific Development Corporation Limited

Pacific Development Corporation Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Term Loans	--	--	[ICRA]A+(Stable)	--
Fund-based working capital	--	--	[ICRA]A+(Stable)	--
Non-fund Based - Working Capital	[ICRA]A1	--	--	--

Our Analysts

Analyst 1

Yash Garg

1244545300
Yash.garg@icraindia.com

Analyst 2

Sweta Shroff

911244545307
sweta.shroff@icraindia.com

Sector Head

Ashish Modani

898389 2332
ashish.modani@icraindia.com

Most Trending Research Reports

Podcast

India’s Clean Tech Mission: A $2 Trillion Opportunity | Insights by Madhura Nejjur

Oct 2025

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.

About Us

Profile

Vision & Values

Board of Directors

Senior Management

The ICRA Group

CSR Sustainability

Life At ICRA

Moody's.com

Company Announcements

Ratings

Ratings Coverage

Approach & Methodologies

Rating Rationales

ICRA Research

Research Offerings

Special Comments

Most Trending Reports

About Credit Perspective Reports

Special Comments

Most Trending Research

Media & Events

Upcoming Webinars

What's in the news?

Pacific Development Corporation Limited

Entity-Specific Rating Rationales

Entity-Specific Credit Perspective Reports

Ratings

Our Analysts

Yash Garg

Sweta Shroff

Ashish Modani

Most Trending Research Reports

Rating Rationales

Webinars

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

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

Podcast

Media Release