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Entity-Specific Rating Rationales

09 Apr 2026

Unichem Laboratories Limited: Ratings reaffirmed

Unichem Laboratories Limited: Ratings reaffirmed

18 Feb 2025

Unichem Laboratories Limited: Rating upgraded

Unichem Laboratories Limited: Rating upgraded

05 Jul 2024

Unichem Laboratories Limited: Update on material event

Unichem Laboratories Limited: Update on material event

14 Dec 2023

Unichem Laboratories Limited: Ratings upgraded to [ICRA]A; removed from Rating Watch with Developing Implications and Stable outlook assigned; rated amount enhanced

Unichem Laboratories Limited: Ratings upgraded to [ICRA]A; removed from Rating Watch with Developing Implications and Stable outlook assigned; rated amount enhanced

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Entity-Specific Credit Perspective Reports

08 May 2026

Unichem Laboratories Limited

Unichem Laboratories Limited (Non-SF)

19 Mar 2025

Unichem Laboratories Limited

Unichem Laboratories Limited (Non-SF)

11 Jan 2024

Unichem Laboratories Limited

Unichem Laboratories Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long-term – Fund-based/Non-fund based – Others -- -- [ICRA]A+(Stable) --
Long-term – Unallocated limits – Unallocated limits -- -- [ICRA]A+(Stable) --
Commercial paper / Short-term debt programme * -- -- --

Our Analysts

Analyst 1

Roshan Dugar

Analyst 2

Nithya Debbadi

Sector Head

Jitin Makkar
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29 Apr 2026 04:00 PM

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