ICRA Limited · EMS Limited: Ratings withdrawnICRA Limited · discovered
Agency source Company dossier
EMS
NSE:EMSLIMITED · ISIN INE0OV601013
- Close
- ₹396.1 29 Jul 2026
- Daily change
- N/A Exchange close
- Evidence state
- Building 0/0 checks
EMS
Ratings & risks
Credit signals
Agency evidenceRating-action history
ICRA Limited · EMS Limited: Ratings reaffirmed; rated amount enhancedICRA Limited · discovered
Agency source ICRA Limited · EMS Infracon Pvt. Ltd.: Ratings reaffirmedICRA Limited · discovered
Agency source ICRA Limited · EMS Infracon Pvt. Ltd.: Ratings upgraded to [ICRA]BBB+(Stable)/[ICRA]A2ICRA Limited · discovered
Agency source ICRA Limited · EMS Infracon Pvt. Ltd.: [ICRA]BBB(Stable)/[ICRA]A3+ assignedICRA Limited · discovered
Agency source Risk research framework
Analyst reviewQuestions to test against evidence
Operating deterioration
HighTrack sector-specific operating metrics and reconcile them across reporting periods.
Funding and liquidity
HighReview debt maturity, repricing, liquidity and rating commentary where relevant.
Execution versus guidance
MediumCompare management statements with subsequent reported delivery.
Governance and key-person change
MediumConnect management transitions, related parties and auditor observations.