2. Ratings
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
R Balarami Reddy And Company
Rationale / Rating Methodologies 		Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
R Balarami Reddy And Company
Rationale / Rating Methodologies 		Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
R Balarami Reddy And Company
Rationale / Rating Methodologies 		Construction [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
R J Buildcon Private Limited
Rationale / Rating Methodologies 		Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R J Buildcon Private Limited
Rationale / Rating Methodologies 		Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R J Buildcon Private Limited
Rationale / Rating Methodologies 		Construction -- -- [ICRA]D ISSUER NOT COOPERATING -- --
R K Babu Trading Private Limited
Rationale / Rating Methodologies 		Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
R K Babu Trading Private Limited
Rationale / Rating Methodologies 		Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
R K Babu Trading Private Limited
Rationale / Rating Methodologies 		Trading -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
R K M Powergen Private Limited
Rationale / Rating Methodologies 		Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R K M Powergen Private Limited
Rationale / Rating Methodologies 		Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R K Wire Products Ltd.
Rationale / Rating Methodologies 		Cables [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
R K Wire Products Ltd.
Rationale / Rating Methodologies 		Cables -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
R K Wire Products Ltd.
Rationale / Rating Methodologies 		Cables -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
R R Gold Palace Pvt Ltd
Rationale / Rating Methodologies 		Gems and jewellery [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
R. D. Samant Contractors Pvt. Ltd.
Rationale / Rating Methodologies 		Construction [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
R. D. Samant Contractors Pvt. Ltd.
Rationale / Rating Methodologies 		Construction -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
R. D. Samant Contractors Pvt. Ltd.
Rationale / Rating Methodologies 		Construction -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
R. Krishnamurthy & Co.
Rationale / Rating Methodologies 		Construction [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
R. Krishnamurthy & Co.
Rationale / Rating Methodologies 		Construction [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
R. Krishnamurthy & Co.
Rationale / Rating Methodologies 		Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
R. P. Motors
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R. P. Motors
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R. P. Motors
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R. P. Motors
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R. S. H. Agro Products Pvt Ltd
Rationale / Rating Methodologies 		Food and food products [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R. S. H. Agro Products Pvt Ltd
Rationale / Rating Methodologies 		Food and food products [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R. S. Motors Pvt Ltd
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
R.B. Rice Industries
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R.D.Exports
Rationale / Rating Methodologies 		Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
R.H. Sortex Rice Mills Private Limited
Rationale / Rating Methodologies 		Utilities [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R.J. Agro Industries
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R.J. Rishikaran Projects Pvt Ltd
Rationale / Rating Methodologies 		Real estate [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R.K. Agro Industries
Rationale / Rating Methodologies 		Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R.K. Agro Industries
Rationale / Rating Methodologies 		Utilities [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
R.K. Agro Industries
Rationale / Rating Methodologies 		Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R.K. City Developers Pvt. Ltd.
Rationale / Rating Methodologies 		Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R.K. Dhabhai Minerals and Chemicals Private Limited
Rationale / Rating Methodologies 		Non-ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R.K. Dhabhai Minerals and Chemicals Private Limited
Rationale / Rating Methodologies 		Non-ferrous metals -- -- [ICRA]D ISSUER NOT COOPERATING -- --
R.K. Dhabhai Minerals and Chemicals Private Limited
Rationale / Rating Methodologies 		Non-ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R.K. Grover & Co.
Rationale / Rating Methodologies 		Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
R.K. Grover & Co.
Rationale / Rating Methodologies 		Construction -- -- [ICRA]D ISSUER NOT COOPERATING -- --
R.K. Steels
Rationale / Rating Methodologies 		Ferrous metals [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
R.L.AGRO FOODS PVT.LTD.(erstwhile R.L.Foods)
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
R.R. Industries
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R.R. Industries
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
R.R. Industries
Rationale / Rating Methodologies 		Agricultural Produce -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
R.R. Industries
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
R.S. Ajit Singh & Co.(Automotives) Pvt. Ltd.
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
R.S. Melgiri & Co.
Rationale / Rating Methodologies 		Miscellaneous [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
R.S. Melgiri & Co.
Rationale / Rating Methodologies 		Miscellaneous [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
R.V. Plastic Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
R.V. Plastic Limited
Rationale / Rating Methodologies 		Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
RA International
Rationale / Rating Methodologies 		Miscellaneous [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Raaja Magnetics Limited
Rationale / Rating Methodologies 		Electronics and Electricals [ICRA]BBB- ISSUER NOT COOPERATING -- -- -- Stable
Raaja Magnetics Limited
Rationale / Rating Methodologies 		Electronics and Electricals -- -- [ICRA]A3 ISSUER NOT COOPERATING -- --
Raaja Magnetics Limited
Rationale / Rating Methodologies 		Electronics and Electricals [ICRA]BBB- ISSUER NOT COOPERATING -- -- -- Stable
Radhagobinda Rice Mills Private Limited
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Radhagobinda Rice Mills Private Limited
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Radheshyam Cottex
Rationale / Rating Methodologies 		Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Radheshyam Cottex
Rationale / Rating Methodologies 		Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Radhika Industries
Rationale / Rating Methodologies 		Electronics and Electricals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Radhika Industries
Rationale / Rating Methodologies 		Electronics and Electricals [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Radhika Packaging Private Limited
Rationale / Rating Methodologies 		Packaging [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Radhika Packaging Private Limited
Rationale / Rating Methodologies 		Packaging [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Radhika Packaging Private Limited
Rationale / Rating Methodologies 		Packaging -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Radiant Energy Solutions Pvt. Ltd.
Rationale / Rating Methodologies 		Electronics and Electricals [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Radiant Energy Solutions Pvt. Ltd.
Rationale / Rating Methodologies 		Electronics and Electricals [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Radiant Energy Solutions Pvt. Ltd.
Rationale / Rating Methodologies 		Electronics and Electricals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Radiant Energy Solutions Pvt. Ltd.
Rationale / Rating Methodologies 		Electronics and Electricals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Radiant Hotels Private Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Radiant Solar Private Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Radiant Solar Private Limited
Rationale / Rating Methodologies 		Miscellaneous -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Radiant Solar Private Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
Radius Water Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]BB+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
Radius Water Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Raichur Laboratories Pvt. Ltd.
Rationale / Rating Methodologies 		Pharmaceuticals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raichur Laboratories Pvt. Ltd.
Rationale / Rating Methodologies 		Pharmaceuticals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raigarh Champa Rail Infrastructure Private Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raigarh Champa Rail Infrastructure Private Limited
Rationale / Rating Methodologies 		Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raigarh Foods & Hotel Business Private Limited
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raigarh Foods & Hotel Business Private Limited
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raigarh Foods & Hotel Business Private Limited
Rationale / Rating Methodologies 		Agricultural Produce -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Raipur Power and Steel Limited
Rationale / Rating Methodologies 		Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raipur Power and Steel Limited
Rationale / Rating Methodologies 		Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raipur Power and Steel Limited
Rationale / Rating Methodologies 		Ferrous metals -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Raipur Power and Steel Limited
Rationale / Rating Methodologies 		Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raitani Engineering Works Private Limited
Rationale / Rating Methodologies 		Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Raitani Engineering Works Private Limited
Rationale / Rating Methodologies 		Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Raj Agro
Rationale / Rating Methodologies 		Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Raj Engineering Co.
Rationale / Rating Methodologies 		Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Raj Engineering Co.
Rationale / Rating Methodologies 		Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Raj Events and Entertainment Private Limited
Rationale / Rating Methodologies 		Media & Entertainment [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Raj Kumar Goel Educational Foundations
Rationale / Rating Methodologies 		Education [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Raj Ratan Smelter Limited
Rationale / Rating Methodologies 		Ferrous metals [ICRA]C+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Rajalaxmi Education Trust
Rationale / Rating Methodologies 		Education [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Rajamahal International Pvt. Ltd.
Rationale / Rating Methodologies 		Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Rajamahal International Pvt. Ltd.
Rationale / Rating Methodologies 		Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Rajamahal International Pvt. Ltd.
Rationale / Rating Methodologies 		Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Rajamahendravaram Municipal Corporation
Rationale / Rating Methodologies 		Public finance [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
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

Read more
ICRA Special Comments
Indian Non-Ferrous Metals Industry: “Improving alumina supply has resulted in a correction in global alumina prices; mixed impact on the domestic primary aluminium producers”
Non-ferrous Metals / Nov 2019 CPI inflation rose to a 16-month high 4.6% in October 2019, led by food and beverages
Key Economic Indicators / Nov 2019 WPI inflation eased to 0.2% in October 2019, driven bydeeper disinflation in core items, and fuel and power
Key Economic Indicators / Nov 2019 Read more