Credit Ratings

External evaluations of company performance are vital to building confidence and trust; credit ratings are especially important indicators of financial health. MSSL is pleased to share its credit ratings from major credit ratings agencies.

MSSL is rated by Moody’s Investors Service and two major domestic rating agencies (ICRA & CRISIL).

International Rating

Moody's*

Long term Rating
Ba1 corporate family rating (CFR). Outlook revised to ‘negative’ from “rating under review”.

Domestic Rating

ICRA

Commercial Papers
A1+
Short term Rating
A1+
Long term Rating
AA+ (Stable outlook)
Non-convertible Debentures
-
Issuer Rating
-

CRISIL

Commercial Papers
A1+
Short term Rating
A1+
Long term Rating
CRISIL AA+/Negative
Non-convertible Debentures
-
Issuer Rating
-

India Ratings and Research

Commercial Papers
IND A1+
Short term Rating
IND AAA /Negative/ IND A1+
Long term Rating
IND AAA / Negative
Non-convertible Debentures
IND AAA (Negative outlook)
Issuer Rating
IND AAA (Negative outlook)