ICRA Limited · Thangamayil Jewellery Limited: Ratings reaffirmed; rated amount enhancedICRA Limited · PDF preserved by IndiaTicker
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Thangamayil Jewellery
NSE:THANGAMAYL · ISIN INE085J01014
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Thangamayil Jewellery
Ratings & risks
Credit signals
Agency evidenceRating-action history
ICRA Limited · Thangamayil Jewellery Limited: Ratings upgraded to [ICRA]A+ (Stable)/ [ICRA]A1ICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Long-term rating upgraded to [ICRA]A, outlook revised to Stable from Positive; short-term rating reaffirmedICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Change in limitsICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings reaffirmed; rated amount enhancedICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings reaffirmed; outlook revised to Positive from StableICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings reaffirmed; rated amount enhancedICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Migration of the rating outstanding on the medium-term rating scale to the long-term rating scaleICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings reaffirmed; rated amount enhancedICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings upgradedICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings assigned on enhanced FD limitsICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings reaffirmedICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Ratings reaffirmedICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Long term rating upgraded to [ICRA]BBB+(stable); Short term rating upgraded to [ICRA]A2; Medium term ratings reaffirmed at MA-(stable)ICRA Limited · discovered
Agency source ICRA Limited · Thangamayil Jewellery Limited: Long term rating upgraded to [ICRA]BBB(Stable); Short term rating upgraded to A3+; Medium term ratings reaffirmed at MA-ICRA Limited · discovered
Agency source ICRA Limited · ICRA reaffirms ratings of [ICRA]BBB- and [ICRA]A3 for the bank facilities of Thangamayil Jewellery Limited; outlook revised from stable to positive; rated amount enhancedICRA Limited · discovered
Agency source ICRA Limited · Ratings upgraded for the bank facilities of Thangamayil Jewellery Limited to [ICRA]BBB- and [ICRA]A3 rating on Fixed Deposit programme upgraded to MA- rated amount enhancedICRA 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.