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Home Credit Perspective Reports Genus Marudhara Smart Metering SPV Private Limited
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Entity-Specific Rating Rationales

05 Feb 2026

Genus Marudhara Smart Metering SPV Private Limited: [ICRA]AA- (Stable); Assigned

Genus Marudhara Smart Metering SPV Private Limited: [ICRA]AA- (Stable); Assigned

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Entity-Specific Credit Perspective Reports

06 Mar 2026

Genus Marudhara Smart Metering SPV Private Limited

Genus Marudhara Smart Metering SPV Private Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Fund-based – Term Loan -- -- [ICRA]AA-(Stable) --
Non-fund based – Bank Guarantee -- -- [ICRA]AA-(Stable) --
Long-term – Unallocated -- -- [ICRA]AA-(Stable) --

Our Analysts

Analyst 1

Subhrajyoti Mohapatra

Analyst 2

Asmita Pant

Sector Head

Girishkumar Kashiram Kadam
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