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Entity-Specific Rating Rationales

27 Jan 2026

Paradeep Phosphates Limited: Ratings upgraded, removed from rating watch with developing implications and Stable outlook assigned for the long term rating; ratings assigned for enhanced amount

Paradeep Phosphates Limited: Ratings upgraded, removed from rating watch with developing implications and Stable outlook assigned for the long term rating; ratings assigned for enhanced amount

25 Feb 2025

Paradeep Phosphates Limited: Long-term rating upgraded; ratings continue on watch with developing implications

Paradeep Phosphates Limited: Long-term rating upgraded; ratings continue on watch with developing implications

15 Feb 2024

Paradeep Phosphates Limited – Placed on rating watch with developing implications

Paradeep Phosphates Limited – Placed on rating watch with developing implications

31 Jul 2023

Paradeep Phosphates Limited: Ratings reaffirmed

Paradeep Phosphates Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

24 Feb 2026

Paradeep Phosphates Limited

Paradeep Phosphates Limited (Non-SF)

20 Mar 2025

Paradeep Phosphates Limited

Paradeep Phosphates Limited (Non-SF)

22 Aug 2023

Paradeep Phosphates Limited

Paradeep Phosphates Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Fund Based Long Term Facilities -- -- [ICRA]AA-(Stable) --
Term Loan -- -- [ICRA]AA-(Stable) --
Non-fund based short term facilities [ICRA]A1+ -- -- --
Commercial Paper [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Sahaj Gugliani

Analyst 2

Varun Gogia

Sector Head

Girishkumar Kashiram Kadam
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