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Company Name Previous Long Term Rating Previous Short Term Rating Previous Outlook Current Long Term Rating Current Short Term Rating Current Outlook
Bajaj Electricals Limited CRISIL A+ CRISIL A1+ Watch Positive CRISIL AA- CRISIL A1+ Stable
Cera Sanitaryware Limited CRISIL AA- CRISIL A1+ Positive CRISIL AA CRISIL A1+ Stable
Craftsman Automation Limited CRISIL A+ CRISIL A1 Positive CRISIL AA- CRISIL A1+ Stable
Agilus Diagnostics Limited CRISIL AA-   Positive CRISIL AA   Stable
Escorts Heart Institute and Research Centre Limited CRISIL AA- CRISIL A1+ Positive CRISIL AA CRISIL A1+ Stable
Fortis Healthcare Limited CRISIL AA- CRISIL A1+ Positive CRISIL AA CRISIL A1+ Stable
Fortis Hospitals Limited CRISIL AA- CRISIL A1+ Positive CRISIL AA CRISIL A1+ Stable
Fortis Hospotel Limited CRISIL AA- CRISIL A1+ Positive CRISIL AA CRISIL A1+ Stable
International Hospital Limited CRISIL AA- CRISIL A1+ Positive CRISIL AA CRISIL A1+ Stable
Pashupati Capital Services Private Limited CRISIL BBB CRISIL A2 Stable CRISIL BBB+ CRISIL A2+ Stable
Vascon Engineers Limited CRISIL BBB CRISIL A3+ Stable CRISIL BBB+ CRISIL A2 Stable
Hardiya Hasanpur Highway Private Limited CRISIL A   Positive CRISIL AA-   Positive
Island Star Mall Developers Private Limited CRISIL A   Positive CRISIL A+   Stable
Vamona Developers Private Limited CRISIL A   Stable CRISIL A+   Stable
My Home Infrastructures Private Limited CRISIL BBB+   Stable CRISIL A+   Stable
Company Name Previous Long Term Rating Previous Short Term Rating Previous Outlook Current Long Term Rating Current Short Term Rating Current Outlook
Indo-National Limited CRISIL BBB+ CRISIL A2 Negative CRISIL BB+ CRISIL A4+ Stable
Azure Power Forty Private Limited CRISIL A-   Watch Negative CRISIL BBB+   Watch Negative
Azure Power Forty Three Private Limited CRISIL A   Watch Negative CRISIL BBB+   Watch Negative
Azure Power India Private Limited CRISIL A CRISIL A1 Watch Negative CRISIL BBB+ CRISIL A2 Watch Negative
Azure Power Maple Private Limited CRISIL A-   Watch Negative CRISIL BBB+   Watch Negative
Algavista Greentech Private Limited CRISIL BBB+ Stable CRISIL BBB   Stable
Ajeenkya D.Y. Patil Infra Private Limited CRISIL BB   Stable CRISIL B   Stable
Company Name Previous Long Term Rating Previous Short Term Rating Previous Outlook Current Long Term Rating Current Short Term Rating Current Outlook
APL Apollo Building Products Private Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Positive
APL Apollo Tubes Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Positive
APL Infrastructure Private Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Positive
Bajel Projects Limited CRISIL A CRISIL A1 Watch Developing CRISIL A CRISIL A1 Stable
SG Finserve Limited CRISIL AA(CE) CRISIL A1+ Stable CRISIL AA(CE) CRISIL A1+ Positive
Andrew Yule and Co Limited CRISIL BBB- CRISIL A3 Stable CRISIL BBB- CRISIL A3 Negative
DLF Cyber City Developers Limited CRISIL AA   Stable CRISIL AA   Positive
Excel Industries Limited CRISIL A+ CRISIL A1 Positive CRISIL A+ CRISIL A1 Stable
K.L.J. Polymers Private Limited CRISIL AA-(CE) CRISIL A1+(CE) Watch Developing CRISIL AA-(CE) CRISIL A1+(CE) Stable
KLJ Petroplast Limited CRISIL AA-(CE) CRISIL A1+(CE) Watch Developing CRISIL AA-(CE) CRISIL A1+(CE) Stable
Optiqua Pipes and Electricals Private Limited CRISIL BBB-   Stable CRISIL BBB-   Watch Positive
Cyient DLM Limited CRISIL A+   Stable CRISIL A+   Positive
Union Bank of India CRISIL AA+/CRISIL AA   Stable CRISIL AA+/CRISIL AA   Positive
ASA Industries CRISIL BBB CRISIL A3+ Stable CRISIL BBB CRISIL A3+ Negative
Prayagraj Power Generation Company Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Positive
Nellai Renewables Private Limited CRISIL AA-   Stable CRISIL AA-   Positive
Sandhya Hydro Power Projects Balargha Private Limited CRISIL BBB   Stable CRISIL BBB   Watch Developing
Mirza International Limited CRISIL A- CRISIL A2+ Watch Developing CRISIL A- CRISIL A2+ Stable
Jindal Poly Films Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Negative
JPFL Films Private Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Negative
Sheela Foam Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Watch Developing
Hero Cycles Limited CRISIL A+ CRISIL A1 Watch Negative CRISIL A+ CRISIL A1 Negative
Hero E-Cycles Private Limited CRISIL A CRISIL A1 Watch Negative CRISIL A CRISIL A1 Negative
Netafim Irrigation India Private Limited CRISIL A CRISIL A1 Negative CRISIL A CRISIL A1 Stable
Spur Technologies Private Limited CRISIL BBB+   Watch Negative CRISIL BBB+   Negative
Veritas India Limited CRISIL BBB+ CRISIL A2 Watch Negative CRISIL BBB+ CRISIL A2 Stable
Veritas Polychem Private Limited CRISIL BBB-   Watch Negative CRISIL BBB-   Stable
IndoStar Capital Finance Limited CRISIL AA- CRISIL A1+ Watch Negative CRISIL AA- CRISIL A1+ Negative
Indostar Home Finance Private Limited CRISIL AA- CRISIL A1+ Watch Negative CRISIL AA- CRISIL A1+ Negative
Adani Capital Private Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Watch Negative
Adani Housing Finance Private Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Watch Negative
MGM Minerals Limited CRISIL A-   Stable CRISIL A-   Positive
Company Name Previous Long Term Rating Previous Short Term Rating Previous Outlook Current Long Term Rating Current Short Term Rating Current Outlook
Tata Motors Finance Limited CRISIL AA/CRISIL A+ CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Axis Finance Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Kotak Securities Limited   CRISIL A1+     CRISIL A1+  
NTPC-SAIL Power Company Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Oil India Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Vizag General Cargo Berth Private Limited CRISIL AA (CE)/CRISIL A+ Negative CRISIL AA (CE)   Negative
BASF India Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Future Lifestyle Fashions Limited CRISIL D CRISIL D   CRISIL D CRISIL D  
HDFC Bank Limited CRISIL AAA /CRISIL AA+ Stable CRISIL AAA /CRISIL AA+ CRISIL A1+ Stable
Hinduja Housing Finance Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Infosys Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Lulu Financial Services (India) Private Limited CRISIL BB   Stable CRISIL BB   Stable
KRC Infrastructure And Projects Private Limited CRISIL AAA   Stable CRISIL AAA   Stable
Motilal Oswal Finvest Limited CRISIL AA /CRISIL PPMLD AA CRISIL A1+ Stable CRISIL AA /CRISIL PPMLD AA CRISIL A1+ Stable
National Bank For Agriculture and Rural Development CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Shriram Housing Finance Limited CRISIL AA+ /CRISIL PPMLD AA+ Stable CRISIL AA+ /CRISIL PPMLD AA+ Stable
Birla Advanced Knits Private Limited CRISIL A+   Stable CRISIL A+   Stable
Geo VPL Finance Private Limited CRISIL BBB   Stable CRISIL BBB   Stable
Infiniti Retail Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Stable
Kribhco Agri Business Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Stable
Navi Finserv Limited CRISIL A CRISIL A1 Stable CRISIL A CRISIL A1 Stable
Nirmal Bang Securities Private Limited CRISIL A- /CRISIL PPMLD A- CRISIL A1 Stable CRISIL A- /CRISIL PPMLD A- CRISIL A1 Stable
Aditya Birla Fashion and Retail Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Atlas Copco India Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Candor Gurgaon One Realty Projects Private Limited CRISIL A-   Watch Positive CRISIL A-   Watch Positive
GIC Housing Finance Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Nirma Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Sarvejana Healthcare Private Limited CRISIL A+   Positive CRISIL A+   Positive
Shyam Metalics and Energy Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Shyam Sel and Power Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
SIS Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Stable
SMFG India Credit Company Limited CRISIL AAA /CRISIL PPMLD AAA CRISIL A1+ Stable CRISIL AAA /CRISIL PPMLD AAA CRISIL A1+ Stable
SMFG India Home Finance Company Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
State Bank of India CRISIL AAA /CRISIL AA+ Stable CRISIL AAA /CRISIL AA+ Stable
TVS Credit Services Limited CRISIL AA /CRISIL AA- CRISIL A1+ Stable CRISIL AA /CRISIL AA- CRISIL A1+ Stable
UPL Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
IDFC FIRST Bank Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Agarwal Coal Corporation Private Limited CRISIL A- CRISIL A2+ Positive CRISIL A- CRISIL A2+ Positive
Cube Highways Trust CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Mumbai Metro Rail Corporation Limited CRISIL AA- (CE)   Stable Provisional CRISIL AA- (CE)/CRISIL AA- (CE) Stable
Schneider Electric India Private Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Solar Industries India Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Titan Company Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Bajaj Finance Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Bandhan Bank Limited CRISIL AA CRISIL A1+ Negative CRISIL AA CRISIL A1+ Negative
Equitas Small Finance Bank Limited CRISIL A+ CRISIL A1+ Stable   CRISIL A1+  
Manappuram Home Finance Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Stable
Pmk Distillations Private Limited CRISIL BB+   Stable CRISIL BB+   Stable
Syngene International Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Angel One Limited CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Stable CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Stable
Embassy Office Parks Reit CRISIL AAA   Stable CRISIL AAA   Stable
Mumbai International Airport Limited CRISIL AA-   Stable CRISIL AA-   Stable
Signify Innovations India Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Titan Company Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
HDFC ERGO General Insurance Company Limited CRISIL AAA   Stable CRISIL AAA   Stable
HDFC Life Insurance Company Limited CRISIL AAA   Stable CRISIL AAA   Stable
IGH Holdings Private Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Stable
Poonawalla Housing Finance Limited CRISIL AA+ CRISIL A1+ Watch Negative/Watch Developing CRISIL A1+ Watch Developing
Belstar Microfinance Limited CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Positive CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Positive
HDFC Credila Financial Services Limited CRISIL AAA CRISIL A1+ Watch Negative CRISIL AAA CRISIL A1+ Watch Negative
STCI Primary Dealer Limited   CRISIL A1+     CRISIL A1+  
IKM Investors Private Limited   CRISIL A2     CRISIL A2  
L&T - MHI Power Turbine Generators Private Limited CRISIL A CRISIL A1 Stable CRISIL A CRISIL A1 Stable
Philips India Limited CRISIL AA+ CRISIL A1+ Negative CRISIL AA+ CRISIL A1+ Negative
SBI Global Factors Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Belstar Microfinance Limited CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Positive CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Positive
Blue Star Limited   CRISIL A1+     CRISIL A1+  
India Grid Trust CRISIL AAA   Stable CRISIL AAA   Stable
L&T Metro Rail (Hyderabad) Limited CRISIL AAA (CE) CRISIL A1+ Stable CRISIL AAA (CE) CRISIL A1+ Stable
Sundaram Home Finance Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
ESL Steel Limited CRISIL AA CRISIL A1+ Negative CRISIL AA CRISIL A1+ Negative
Kribhco Agri Business Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Stable
AU Small Finance Bank Limited CRISIL AA+ /CRISIL AA CRISIL A1+ Stable CRISIL AA+ /CRISIL AA CRISIL A1+ Stable
E.I.D. Parry India Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Jamnagar Utilities and Power Private Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Krishak Bharati Cooperative Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Sikka Ports & Terminals Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Torrent Solargen Limited CRISIL AA   Stable CRISIL AA   Stable
Angel One Limited CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Stable CRISIL AA- /CRISIL PPMLD AA- CRISIL A1+ Stable
Azure Power Forty Private Limited CRISIL BBB+   Watch Negative CRISIL BBB+   Watch Negative
Azure Power Forty Three Private Limited CRISIL BBB+   Watch Negative CRISIL BBB+   Watch Negative
Azure Power India Private Limited CRISIL BBB+ CRISIL A2 Watch Negative CRISIL BBB+ CRISIL A2 Watch Negative
Azure Power Maple Private Limited CRISIL BBB+   Watch Negative CRISIL BBB+   Watch Negative
Bharti Airtel Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Bharti Airtel Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Bharti Enterprises Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Bharti Hexacom Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Bharti Telecom Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Bharti Telemedia Limited   CRISIL A1+     CRISIL A1+  
Nxtra Data Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
H.G Raipur Visakhapatnam AP-1 Private Limited CRISIL A   Stable CRISIL A   Stable
NCC Urban Infrastructure Limited CRISIL BBB-   Stable CRISIL BBB-   Stable
Parry Sugars Refinery India Private Limited CRISIL A+ CRISIL A1 Stable CRISIL A+ CRISIL A1 Stable
Philips India Limited CRISIL AA+ CRISIL A1+ Negative CRISIL AA+ CRISIL A1+ Negative
SEIL Energy India Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Swarna Tollway Private Limited CRISIL AAA   Stable CRISIL AAA   Stable
Rallis India Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Transport Corporation of India Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Geojit Financial Services Limited   CRISIL A1     CRISIL A1  
HT Media Limited CRISIL AA- CRISIL A1+ Stable CRISIL AA- CRISIL A1+ Stable
India Grid Trust CRISIL AAA   Stable CRISIL AAA   Stable
Jagran Prakashan Limited CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
L R N Finance Limited CRISIL D INC     CRISIL D INC    
Midday Infomedia Limited CRISIL AA-   Stable CRISIL AA-   Stable
Music Broadcast Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Muthoot Money Limited CRISIL AA   Stable CRISIL AA   Stable
Savita Oil Technologies Limited CRISIL AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Candor Gurgaon One Realty Projects Private Limited CRISIL A-   Watch Positive CRISIL A-   Watch Positive
Export Import Bank of India CRISIL AAA /CRISIL AA+ CRISIL A1+ Stable CRISIL AAA /CRISIL AA+ CRISIL A1+ Stable
Gabriel India Limited CRISIL AA   Stable CRISIL AA   Stable
HDFC Securities Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
IndusInd Bank Limited CRISIL AA+ /CRISIL AA CRISIL A1+ Stable CRISIL AA+ /CRISIL AA CRISIL A1+ Stable
Inox Air Products Private Ltd CRISIL AA+ CRISIL A1+ Stable CRISIL AA+ CRISIL A1+ Stable
Sewa Grih Rin Limited CRISIL BBB CRISIL A3+ Stable CRISIL BBB CRISIL A3+ Stable
Shapoorji Pallonji Finance Private Limited CRISIL A-   Stable CRISIL A-   Stable
Sundew Properties Limited CRISIL AAA   Stable CRISIL AAA   Stable
Titan Commodity Trading Limited   CRISIL A1+     CRISIL A1+  
Muthoot Fincorp Limited CRISIL AA- /CRISIL A /CRISIL PPMLD AA- CRISIL A1+ Stable CRISIL AA- /CRISIL A /CRISIL PPMLD AA- CRISIL A1+ Stable
Indian Bank CRISIL AAA /CRISIL AA+ CRISIL A1+ Stable CRISIL AAA /CRISIL AA+ CRISIL A1+ Stable
Jamnagar Utilities and Power Private Limited CRISIL AAA CRISIL A1+ Stable CRISIL AAA CRISIL A1+ Stable
Motilal Oswal Finvest Limited CRISIL AA /CRISIL PPMLD AA CRISIL A1+ Stable CRISIL AA CRISIL A1+ Stable
Passavant Energy & Environment India Private Limited CRISIL B+ INC CRISIL A4 INC Stable CRISIL B+ INC CRISIL A4 INC Stable
Titan Engineering and Automation Limited CRISIL AA-   Stable CRISIL AA-   Stable
TVS Credit Services Limited CRISIL AA /CRISIL AA- CRISIL A1+ Stable CRISIL AA /CRISIL AA- CRISIL A1+ Stable
Wave Industries Private Limited CRISIL B INC CRISIL A4 INC Stable CRISIL B INC CRISIL A4 INC Stable
Wave One Private Limited CRISIL B INC   Stable CRISIL B INC   Stable