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 C Metals
Rationale / Rating Methodologies
Trading [ICRA]D ISSUER NOT COOPERATING -- -- -- --
D. S. Developers
Rationale / Rating Methodologies
Real estate [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
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.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.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.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
Daaj Hotels and Resorts Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Dada Ganpati Guar Products Pvt. Ltd.
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Dada Ganpati Guar Products Pvt. Ltd.
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Dada Ganpati Guar Products Pvt. Ltd.
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Daftari Agro Private Limited
Rationale / Rating Methodologies
Seeds [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Daftari Agro Private Limited
Rationale / Rating Methodologies
Seeds [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Dahyabhai B. Patel
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Dahyabhai B. Patel
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Danish Leather Exports
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Danish Leather Exports
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Danish Leather Exports
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Darjeeling Power Private Limited (erstwhile Darjeeling Power Limited)
Rationale / Rating Methodologies
Power [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Darjeeling Power Private Limited (erstwhile Darjeeling Power Limited)
Rationale / Rating Methodologies
Power [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Darjeeling Power Private Limited (erstwhile Darjeeling Power Limited)
Rationale / Rating Methodologies
Power [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Darling Digital World Private Limited
Rationale / Rating Methodologies
Retail [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Darling Digital World Private Limited
Rationale / Rating Methodologies
Retail -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Darwin Pharma Pvt.Ltd.
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Dashmesh Agro Industries
Rationale / Rating Methodologies
Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Dashmesh Rice Mills
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Datacom Products (India) Pvt. Ltd.
Rationale / Rating Methodologies
Information Technology and BPO [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Datacom Products (India) Pvt. Ltd.
Rationale / Rating Methodologies
Information Technology and BPO -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Datacom Products (India) Pvt. Ltd.
Rationale / Rating Methodologies
Information Technology and BPO [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
Dattar Ceramic Private Limited
Rationale / Rating Methodologies
Utilities -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Dattar Ceramic Private Limited
Rationale / Rating Methodologies
Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Dattar Ceramic Private Limited
Rationale / Rating Methodologies
Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Deccan Ispat Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Deccan Ispat Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Deco Equipments Private Limited
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Deco Equipments Private Limited
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Decor Paper Mills Limited
Rationale / Rating Methodologies
Paper [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Decor Paper Mills Limited
Rationale / Rating Methodologies
Paper -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Deekay Trexim India Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Deekay Trexim India Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Deepa Developers
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Deepa Developers
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]D ISSUER NOT COOPERATING -- -- -- --