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Entity-Specific Rating Rationales

27 Apr 2026

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Ratings reaffirmed

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Ratings reaffirmed

05 May 2025

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Ratings reaffirmed; rated amount enhanced

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Ratings reaffirmed; rated amount enhanced

04 Oct 2024

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Ratings reaffirmed; rated amount enhanced

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Ratings reaffirmed; rated amount enhanced

17 Aug 2023

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Long-term rating upgraded; short-term rating reaffirmed

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited): Long-term rating upgraded; short-term rating reaffirmed

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Entity-Specific Credit Perspective Reports

22 May 2026

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited)

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited) (Non-SF)

30 May 2025

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited)

SFS Group India Private Limited (erstwhile Indo Schottle Auto Parts Private Limited) (Non-SF)

Ratings

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

Our Analysts

Analyst 1

Yashowardhan Swami

Analyst 2

Mythri Macherla

Sector Head

Jitin Makkar
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