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 Corporate Governance Rating, Stakeholder Value and Governance Rating, Credit Risk Rating of Debt Mutual Funds, Rating of Claims Paying Ability of Insurance Companies, Project Finance Rating, Line of Credit Rating and Valuation of Principal Protected-Market Linked Debentures (PP-MLD).
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
L&T Chennai Tada Tollway Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
L&T Halol Shamlaji Tollway Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
L.A. Hotels & Retreats Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
L.C. Foods Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]D ISSUER NOT COOPERATING -- --
L.C. Foods Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
L.M. Foods
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
L.M. Foods
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lakshmanan Isola Pvt Ltd
Rationale / Rating Methodologies
Engineering [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Lakshmanan Isola Pvt Ltd
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lakshmanan Isola Pvt Ltd
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lakshmi Balaji Oils Private Limited
Rationale / Rating Methodologies
Solvent extraction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lakshmidurga Textiles Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lakshmidurga Textiles Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lakshmidurga Textiles Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lakshminarasimha Warehousing
Rationale / Rating Methodologies
Logistics [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Lakshminarasimha Warehousing
Rationale / Rating Methodologies
Logistics [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Lakshmivel Mills Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Lakshmivel Mills Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Lakshmivel Mills Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Lakshmivel Mills Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Lakshya Dairy Private Limited
Rationale / Rating Methodologies
Trading [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lakshya Dairy Private Limited
Rationale / Rating Methodologies
Trading [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lalita Foamex Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lalita Foamex Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lanco Solar Energy Private Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lanco Solar Energy Private Limited
Rationale / Rating Methodologies
Power -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Lanco Solar Private Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Landmark Veneers Private Limited
Rationale / Rating Methodologies
Timbers and Plywood etc [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Landmark Veneers Private Limited
Rationale / Rating Methodologies
Timbers and Plywood etc -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lantech Pharmaceuticals Limited
Rationale / Rating Methodologies
Pharmaceuticals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lantech Pharmaceuticals Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Lariya Art Palace Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Lariya Art Palace Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lasco Lifestlye Limited
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Late Shri Vishnu Waman Thakur Charitable Trust
Rationale / Rating Methodologies
Education [ICRA]BBB- ISSUER NOT COOPERATING -- -- -- Stable
Lavis Signature Panel Private Limited
Rationale / Rating Methodologies
Building materials [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lavis Signature Panel Private Limited
Rationale / Rating Methodologies
Building materials [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lavis Signature Panel Private Limited
Rationale / Rating Methodologies
Building materials -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lavis Signature Panel Private Limited
Rationale / Rating Methodologies
Building materials -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lavis Signature Panel Private Limited
Rationale / Rating Methodologies
Building materials -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lavu Educational Society
Rationale / Rating Methodologies
Education [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Lavu Educational Society
Rationale / Rating Methodologies
Education [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Balaji Industries
Rationale / Rating Methodologies
Food and food products [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Balaji Industries
Rationale / Rating Methodologies
Food and food products [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Balaji Industries
Rationale / Rating Methodologies
Food and food products [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Memorial Education Trust
Rationale / Rating Methodologies
Education [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Memorial Education Trust
Rationale / Rating Methodologies
Education [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Oil & Vanaspati Private Limited
Rationale / Rating Methodologies
Food and food products [ICRA]BBB- ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Rice Mills
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Rice Mills
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Transmissions
Rationale / Rating Methodologies
Construction [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Laxmi Transmissions
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Laxmikant Cotton
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Laxmikant Cotton
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
LB Cotton Industries LLP
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
LB Cotton Industries LLP
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
LE Marble Gallery Private Limited
Rationale / Rating Methodologies
Trading [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
LE Marble Gallery Private Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Leapfrog Engineering Services Private Limited
Rationale / Rating Methodologies
Construction [ICRA]C ISSUER NOT COOPERATING -- -- -- --
Leapfrog Engineering Services Private Limited
Rationale / Rating Methodologies
Construction [ICRA]C ISSUER NOT COOPERATING -- -- -- --
Legend Ceramic Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Legend Ceramic Private Limited
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Legend Ceramic Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Leisure Wear Exports Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lemstone Ceramic LLP
Rationale / Rating Methodologies
Ceramic tiles [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Lemstone Ceramic LLP
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lemstone Ceramic LLP
Rationale / Rating Methodologies
Ceramic tiles [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Lenz Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Lenz Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Lenz Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Utilities -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Leonard Exports
Rationale / Rating Methodologies
Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Leonard Exports
Rationale / Rating Methodologies
Trading -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Leonard Exports
Rationale / Rating Methodologies
Trading -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Leonard Exports
Rationale / Rating Methodologies
Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Lexus Granito (India) Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lexus Granito (India) Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lexus Granito (India) Limited
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Lexus Granito (India) Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Lila Dhar Devki Nandan
Rationale / Rating Methodologies
Construction [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Lila Dhar Devki Nandan
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Lila Dhar Devki Nandan
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Limitorque India Limited
Rationale / Rating Methodologies
Engineering [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Limitorque India Limited
Rationale / Rating Methodologies
Engineering [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Limitorque India Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Limtex Agri Udyog Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex Agri Udyog Limited
Rationale / Rating Methodologies
Tea and coffee -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Limtex Agri Udyog Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Limtex India Limited
Rationale / Rating Methodologies
Tea and coffee [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Liners India Limited
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Liners India Limited
Rationale / Rating Methodologies
Auto Ancillaries -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Liners India Limited
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Recent Releases

  • Bajaj Electricals Limited: Ratings revised to [ICRA]A-(Negative)/[ICRA]A2+; outlook remains Negative

    Rationale / 15 Nov 2019

  • GTN Industries Limited: Long-term rating upgraded to [ICRA]B(Stable); Short-term rating reaffirmed

    Rationale / 15 Nov 2019

  • T S Alloys Limited: Ratings reaffirmed and placed on Rating watch wT S Alloys Limited: Ratings reaffirmed and placed on Rating watch with developing implications ith developing implications

    Rationale / 15 Nov 2019