As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating Agencies in the country today. ICRA rates rupee-denominated debt instruments issued by manufacturing companies, commercial banks, non-banking finance companies, financial institutions, public sector undertakings and municipalities, among others. ICRA also rates structured obligations and sector-specific debt obligations such as instruments issued by Power, Telecom and Infrastructure companies. The other services offered include Credit Risk Rating of Debt Mutual Funds, an Independent Credit Evaluation (ICE) of the residual debt in entities under the RBI’s framework for resolution of stressed assets and Rating of security receipts issued by Asset Reconstruction Companies (ARCs) as required by RBI .
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All

Company Name Sector Name Long Term Medium Term Short Term Issuer Outlook
D Bimala Enterprises
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
D C Metals
Rationale / Rating Methodologies
Trading [ICRA]D ISSUER NOT COOPERATING -- -- -- --
D D Properties Private Limited
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
D K Continental
Rationale / Rating Methodologies
Solvent extraction * -- * -- --
D N K
Rationale / Rating Methodologies
Trading ^ -- -- -- --
D Naresh Kumar
Rationale / Rating Methodologies
Miscellaneous -- -- ^ -- --
D Navinchandra Jewels
Rationale / Rating Methodologies
Gems and jewellery ^ -- -- -- --
D Nitin & Company Private Limited
Rationale / Rating Methodologies
Gems and jewellery [ICRA]BB+ -- -- -- Stable
D P Jain TOT Toll Roads Private Limited
Rationale / Rating Methodologies
Roads Provisional[ICRA]A- -- -- -- Stable
D R Exports International
Rationale / Rating Methodologies
Trading * -- * -- --
D R Hotels and Resorts
Rationale / Rating Methodologies
Tourism Hotels and restaurant ^ -- -- -- --
D Ranflex India Private Limited
Rationale / Rating Methodologies
Engineering * -- * -- --
D Ranflex India Private Limited
Rationale / Rating Methodologies
Engineering * -- * -- --
D S Kulkarni Developers Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
D&H Secheron Electrodes Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BBB- -- -- -- Stable
D&H Secheron Electrodes Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A3 -- --
D. Bhagwanji & Co.
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
D. D. Agro Industries Limited
Rationale / Rating Methodologies
Plastics ^ -- ^ -- --
D. S. Developers
Rationale / Rating Methodologies
Real estate [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
D. S. Textiles
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
D. V. Pawar
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
D.B. Machine Tools Private Limited
Rationale / Rating Methodologies
Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
D.B. Machine Tools Private Limited
Rationale / Rating Methodologies
Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
D.B.Engineering Private Limited
Rationale / Rating Methodologies
Engineering ^ -- ^ -- --
D.D. Aggarwal Timber Private Limited
Rationale / Rating Methodologies
Timbers and Plywood etc ^ -- ^ -- --
D.D.R & Co.
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
D.D.R & Co.
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
D.D.R & Co.
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
D.D.R & Co.
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
D.G. Cold Storage Private Limited
Rationale / Rating Methodologies
Logistics ^ -- -- -- --
D.K. Project Private Limited
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
D.M Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
D.M Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
D.M Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
D.M. Builders
Rationale / Rating Methodologies
Real estate * -- -- -- --
D.M. Enterprise
Rationale / Rating Methodologies
Trading -- -- ^ -- --
D.P.Garg and Company Private Limited
Rationale / Rating Methodologies
Building materials ^ -- ^ -- --
D.R. Buildestate Private Limited
Rationale / Rating Methodologies
Miscellaneous * -- -- -- --
D.R. Coats Ink & Resins Private Limited
Rationale / Rating Methodologies
Chemicals [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
D.R. Coats Ink & Resins Private Limited
Rationale / Rating Methodologies
Chemicals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
D.R. Coats Ink & Resins Private Limited
Rationale / Rating Methodologies
Chemicals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
D.R. Coats Ink & Resins Private Limited
Rationale / Rating Methodologies
Chemicals [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
D.R.B.Commodities(India) Private Limited
Rationale / Rating Methodologies
Trading -- -- ^ -- --
D.S Enterprises
Rationale / Rating Methodologies
Paper * -- -- -- --
D.S Enterprises
Rationale / Rating Methodologies
Paper * -- -- -- --
D.S. Contractors Private Limited
Rationale / Rating Methodologies
Real estate ^ -- ^ -- --
D.S. Ductofab Systems Private Limited
Rationale / Rating Methodologies
Trading ^ -- -- -- --
D.V. Exports
Rationale / Rating Methodologies
Textiles ^ -- -- -- --
D2 International
Rationale / Rating Methodologies
Footwear ^ -- -- -- --
DA Toll Road Private Limited
Rationale / Rating Methodologies
Roads * -- -- -- --