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Home Credit Perspective Reports Deepak Industries Limited
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Entity-Specific Rating Rationales

29 Sep 2025

Deepak Industries Limited: Ratings reaffirmed

Deepak Industries Limited: Ratings reaffirmed

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26 Jul 2024

Deepak Industries Limited: Ratings reaffirmed

Deepak Industries Limited: Ratings reaffirmed

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10 Jun 2024

Deepak Industries Limited: Change in limits

Deepak Industries Limited: Change in limits

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11 Apr 2023

Deepak Industries Limited: Long-term rating upgraded and short-term rating reaffirmed; outlook on long-term rating revised to Stable

Deepak Industries Limited: Long-term rating upgraded and short-term rating reaffirmed; outlook on long-term rating revised to Stable

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Entity-Specific Credit Perspective Reports

31 Oct 2025

Deepak Industries Limited

Deepak Industries Limited (Non-SF)

26 Aug 2024

Deepak Industries Limited

Deepak Industries Limited (Non-SF)

09 May 2023

Deepak Industries Limited

Deepak Industries Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Unallocated Limit [ICRA]A1+ -- [ICRA]AA(Stable) --
Fund-based - Working Capital Facilities -- -- [ICRA]AA(Stable) --
Fund based – Standby Line of Credit [ICRA]A1+ -- -- --
Non-fund based – Bank Guarantee/ Letter of Credit/ Forward Cover [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Sovanlal Biswas

Analyst 2

Sujoy Saha

Sector Head

Jitin Makkar
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