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Entity-Specific Rating Rationales

30 Sep 2025

Hindustan Aeronautics Limited: Ratings reaffirmed

Hindustan Aeronautics Limited: Ratings reaffirmed

28 Jun 2024

Hindustan Aeronautics Limited: Ratings reaffirmed

Hindustan Aeronautics Limited: Ratings reaffirmed

21 Apr 2023

Hindustan Aeronautics Limited: Ratings reaffirmed

Hindustan Aeronautics Limited: Ratings reaffirmed

25 Jan 2023

Hindustan Aeronautics Limited: [ICRA]A1+ withdrawn on the Rs. 2500.00 crore Commercial Paper

Hindustan Aeronautics Limited: [ICRA]A1+ withdrawn on the Rs. 2500.00 crore Commercial Paper

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Entity-Specific Credit Perspective Reports

03 Nov 2025

Hindustan Aeronautics Limited

Hindustan Aeronautics Limited (Non-SF)

26 Jul 2024

Hindustan Aeronautics Limited

Hindustan Aeronautics Limited (Non-SF)

17 May 2023

Hindustan Aeronautics Limited

Hindustan Aeronautics Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Fund-based Limits -- -- [ICRA]AAA(Stable) --
Commercial Paper Withdrawn -- -- --
Short Term- Non-fund Based [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Riddham Agarwal

Analyst 2

Pulkit Varshney

Sector Head

Ashish Modani
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