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As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating
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Rating Rationales

FINO Payments Bank Limited: Rating placed on watch with developing implications 10 Mar 2026

Suprasanna Solaire Energy Private Limited: Update on Material event 10 Mar 2026

Nuclear Power Corporation of India Limited: Rating reaffirmed; rating reaffirmed and withdrawn for matured NCDs 10 Mar 2026
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ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
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Special Comments

Prolonged conflict risks disruption of energy supplies and shipping routes, impacting outlook for India’s macros and multiple sectors 09 Mar 2026

Monthly Research Compendium 05 Mar 2026

Rising crude oil and LNG prices to adversely impact profitability of midstream and downstream industry 05 Mar 2026
Most Trending Reports

Industry volumes continue robust YoY volume growth in January 2026 23 Feb 2026

Flying on a budget: A comparison of India’s low-cost airlines and their global counterparts 23 Feb 2026

Industry losses to decline by one-third in FY2027 as domestic passenger traffic growth recovers to 6-8% 24 Feb 2026
Credit Perspective
About Credit Perspective Reports

ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
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Special Comments

Prolonged conflict risks disruption of energy supplies and shipping routes, impacting outlook for India’s macros and multiple sectors 09 Mar 2026

Monthly Research Compendium 05 Mar 2026

Rising crude oil and LNG prices to adversely impact profitability of midstream and downstream industry 05 Mar 2026
Most Trending Research

Industry volumes continue robust YoY volume growth in January 2026 23 Feb 2026

Flying on a budget: A comparison of India’s low-cost airlines and their global counterparts 23 Feb 2026

Industry losses to decline by one-third in FY2027 as domestic passenger traffic growth recovers to 6-8% 24 Feb 2026
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What's in the news?

NHAI rushes to secure bitumen as Iran war disrupts supplies - Mint 09 March 2026

Kuwait cuts oil production as Strait of Hormuz closure disrupts global energy markets – What does this mean? Explained - Mint 08 March 2026

Hot summer hotter sales - The Hindu Business Line 08 March 2026
Contact Us

MSL Driveline Systems Limited

Sector : Auto Components Sub Sectors : Auto Components & Equipments

10 Mar 2026 MSL Driveline Systems Limited: MSL Driveline Systems Limited-CPR-10032026

Home Credit Perspective Reports MSL Driveline Systems Limited

Entity-Specific Rating Rationales

13 Feb 2026

MSL Driveline Systems Limited: Ratings reaffirmed

03 Jan 2025

MSL Driveline Systems Limited: Ratings reaffirmed, rated amount enhanced

09 Jan 2024

MSL Driveline Systems Limited: Ratings reaffirmed

Entity-Specific Credit Perspective Reports

10 Mar 2026

MSL Driveline Systems Limited

MSL Driveline Systems Limited (Non-SF)

30 Jan 2025

MSL Driveline Systems Limited

MSL Driveline Systems Limited (Non-SF)

30 Jan 2024

MSL Driveline Systems Limited

MSL Driveline Systems Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Term Loan	--	--	[ICRA]A+(Stable)	--
Fund-based-limits	[ICRA]A1	--	[ICRA]A+(Stable)	--
Long-term/Short-term – Fund-based/Non-fund based	[ICRA]A1	--	[ICRA]A+(Stable)	--
Non-Fund Based Limits	[ICRA]A1	--	--	--

Our Analysts

Analyst 1

Yashowardhan Swami

+91 20 25561194
yashowardhan.swami@icraindia.com

Analyst 2

Mythri Macherla

+91 80 43326407
mythri.macherla@icraindia

Sector Head

Jitin Makkar

9873339826
jitinm@icraindia.com

Most Trending Research Reports

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Webinars

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No Data Available

Road sector hits a slow lane as project awarding moderates

Mr. Suprio Banerjee,Mr. M Rajashekar Reddy

25 Feb 2026 04:00 PM

Want to Listen

PPT

Specialty Chemicals: Industry on a slow road to recovery

Girishkumar Kadam,Prashant Vasisht

19 Feb 2026 04:00 PM

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PPT

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Podcast

India Automotive Outlook FY2027: Growth Estimates & EV Transition | ICRA Podcast by Srikumar Krishnamurthy

Feb 2026

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