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
T.K. Engineering Consortium Private Limited
Rationale / Rating Methodologies
Construction [ICRA]C ISSUER NOT COOPERATING -- -- -- --
T.K. Engineering Consortium Private Limited
Rationale / Rating Methodologies
Construction [ICRA]C ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- --
T.K. Engineering Consortium Private Limited
Rationale / Rating Methodologies
Construction [ICRA]C ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- --
T.K. International Limited
Rationale / Rating Methodologies
Utilities [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
T.K. International Limited
Rationale / Rating Methodologies
Utilities [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
T.K. International Limited
Rationale / Rating Methodologies
Utilities -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Tadepalligudem Municipality
Rationale / Rating Methodologies
Public finance [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Tag Corporation
Rationale / Rating Methodologies
Engineering [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
Tag Corporation
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A2 ISSUER NOT COOPERATING -- --
Tag Corporation
Rationale / Rating Methodologies
Engineering [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
Taj Agro Commodities Private Limited
Rationale / Rating Methodologies
Agricultural Produce [ICRA]BB- ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Taj Agro Industries LLP
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Taj Stone Crushers
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Talwalkars Better Value Fitness Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Tamilnadu State Transport Corporation (Kumbakonam) Limited
Rationale / Rating Methodologies
Public finance [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Taneja Vidyut Control Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Taneja Vidyut Control Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Tanmay Polyfilms Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Tanmay Polyfilms Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Tanmay Polyfilms Private Limited
Rationale / Rating Methodologies
Packaging -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Tapti Agro Industries
Rationale / Rating Methodologies
Sugar [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Tara Chand Rice Mills Pvt. Ltd.
Rationale / Rating Methodologies
Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Taste’L Fine Food Private Limited
Rationale / Rating Methodologies
Food and food products [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Taste’L Fine Food Private Limited
Rationale / Rating Methodologies
Food and food products [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
Taste’L Fine Food Private Limited
Rationale / Rating Methodologies
Food and food products -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Taste’L Fine Food Private Limited
Rationale / Rating Methodologies
Food and food products -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Taurus Packaging Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Taurus Packaging Private Limited
Rationale / Rating Methodologies
Packaging -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Taurus Packaging Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Taurus Packaging Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Taurus Thermoplastics Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Taurus Thermoplastics Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]BB- ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Taurus Thermoplastics Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Tayal Fibers
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Tayal Fibers
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
TBPR Infra Projects Private Limited
Rationale / Rating Methodologies
Construction [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
TBPR Infra Projects Private Limited
Rationale / Rating Methodologies
Construction [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
TBPR Infra Projects Private Limited
Rationale / Rating Methodologies
Construction [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
TCS and Associates Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
TCS and Associates Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
TD Toll Road Private Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Team Engineers Advance Technologies India. Pvt. Ltd.
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Team Engineers Advance Technologies India. Pvt. Ltd.
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Team Krian
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Techno India
Rationale / Rating Methodologies
Education [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Techno India
Rationale / Rating Methodologies
Education [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Teekay Marines Private Limited
Rationale / Rating Methodologies
Seafoods [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Teekay Marines Private Limited
Rationale / Rating Methodologies
Seafoods [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Teekay Marines Private Limited
Rationale / Rating Methodologies
Seafoods -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Teekay Marines Private Limited
Rationale / Rating Methodologies
Seafoods [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Teesta Rangit Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Teesta Rangit Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Telawne Power Equipments Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Telawne Power Equipments Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Telawne Power Equipments Private Limited
Rationale / Rating Methodologies
Electronics and Electricals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Tenali Municipality
Rationale / Rating Methodologies
Public finance [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Terra Energy Limited
Rationale / Rating Methodologies
Power -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Terra Energy Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Terra Energy Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Terra Energy Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Tex Styles International Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Tex Styles International Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]C+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Tex Styles International Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Tex Styles International Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Texplas India Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Texplas India Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Texplas India Private Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Texture Clothing Company
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Texture Clothing Company
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Texture Clothing Company
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Thakar Dass & Co.
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Thakar Dass & Co.
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Thakar Dass & Co.
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
The Calcutta Medical Research Institute
Rationale / Rating Methodologies
Healthcare [ICRA]A+ ISSUER NOT COOPERATING -- -- -- Stable
The Calcutta Medical Research Institute
Rationale / Rating Methodologies
Healthcare -- -- [ICRA]A1 ISSUER NOT COOPERATING -- --
The Calcutta Medical Research Institute
Rationale / Rating Methodologies
Healthcare [ICRA]A+ ISSUER NOT COOPERATING -- -- -- Stable
The Government Tele-communication Employees’ Co-operative Society Limited
Rationale / Rating Methodologies
Financial Institution [ICRA]D ISSUER NOT COOPERATING -- -- -- --
The Lifestile Realty
Rationale / Rating Methodologies
Real estate [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
The Montfort Educational Society
Rationale / Rating Methodologies
Education [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
The Montfort Educational Society
Rationale / Rating Methodologies
Education [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
The Montfort Educational Society
Rationale / Rating Methodologies
Education [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
The Montfort Educational Society
Rationale / Rating Methodologies
Education [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
The Montfort Educational Society
Rationale / Rating Methodologies
Education [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
The Vasista Educational Society
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
The Vasista Educational Society
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
The Vasista Educational Society
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
The Vijayawada Electrical Employees Co-operative Credit Society Limited
Rationale / Rating Methodologies
Finance and Banking [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
THE WOODIND
Rationale / Rating Methodologies
Timbers and Plywood etc -- -- [ICRA]D ISSUER NOT COOPERATING -- --
THE WOODIND
Rationale / Rating Methodologies
Timbers and Plywood etc [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Therdose Pharma Private Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Therdose Pharma Private Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Therdose Pharma Private Limited
Rationale / Rating Methodologies
Pharmaceuticals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Therdose Pharma Private Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Thermoset Poly Products (I) Pvt. Ltd.
Rationale / Rating Methodologies
Plastics [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Thiru Arooran Sugars Limited
Rationale / Rating Methodologies
Sugar [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Thiru Arooran Sugars Limited
Rationale / Rating Methodologies
Sugar [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Thiru Arooran Sugars Limited
Rationale / Rating Methodologies
Sugar [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Thiru Arooran Sugars Limited
Rationale / Rating Methodologies
Sugar -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Thiru Arooran Sugars Limited
Rationale / Rating Methodologies
Sugar [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Thiru Margadarshi Construction (P) Ltd.
Rationale / Rating Methodologies
Real estate [ICRA]BB- 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