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Home Credit Perspective Reports Dharampal Satyapal Limited
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Entity-Specific Rating Rationales

29 Jan 2026

Dharampal Satyapal Limited: Ratings reaffirmed

Dharampal Satyapal Limited: Ratings reaffirmed

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29 Jan 2025

Dharampal Satyapal Limited: Ratings reaffirmed

Dharampal Satyapal Limited: Ratings reaffirmed

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30 Sep 2024

Dharampal Satyapal Limited: Ratings reaffirmed and rated amount enhanced for commercial paper programme

Dharampal Satyapal Limited: Ratings reaffirmed and rated amount enhanced for commercial paper programme

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27 Dec 2023

Dharampal Satyapal Limited: Ratings reaffirmed; rated amount enhanced

Dharampal Satyapal Limited: Ratings reaffirmed; rated amount enhanced

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31 Aug 2023

Dharampal Satyapal Limited: Rating reaffirmed

Dharampal Satyapal Limited: Rating reaffirmed

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Entity-Specific Credit Perspective Reports

26 Feb 2026

Dharampal Satyapal Limited

Dharampal Satyapal Limited (Non-SF)

27 Feb 2025

Dharampal Satyapal Limited

Dharampal Satyapal Limited (Non-SF)

28 Sep 2023

Dharampal Satyapal Limited

Dharampal Satyapal Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Term Loan -- -- [ICRA]AA(Stable) --
Cash Credit -- -- [ICRA]AA(Stable) --
Commercial Paper [ICRA]A1+ -- -- --
Short term: Non-fund-based facilities Withdrawn -- -- --
Non-Convertible Debenture -- -- * --

Our Analysts

Analyst 1

Akshit Goel

Analyst 2

Rohan Kanwar Gupta

Sector Head

Jitin Makkar
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