U
AAA Unsecured NCD

Ultratech Cement Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.11%
Market YTM
Coupon Rate
7.34%
Per annum
Maturity Date
03 Mar 2028
1.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.11%
Live, last traded 2026-08-07
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+133 bps
vs 1.5Y G-Sec at 5.78%
Below the median spread for similar-tenor peers
Tenure
1.5 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
5 Mar 2027
Interest Payment
₹7,340.00 / Bond
3 Mar 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-08-17 Reaffirmed: AAA by CRISIL on 2026-07-23 Issued 2025-03-05 Matures 2028-03-03

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.34%
YTM (Annual)
7.11%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
1.5 Years
Advanced metrics
Modified Duration
1.35 Yrs
Macaulay Duration
1.44 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.35 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-07
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.66 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2025-03-05
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.34% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES I DATE OF MATURITY 03/03/2028 is a rated, redeemable ncd issued by Ultratech Cement Limited. The bond offers a fixed coupon of 7.34% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-17 CRISIL Initial AAA Stable View →
2026-07-23 CRISIL Reaffirm AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-07 100.2505 7.1095 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-02-19
Rating Actions History 2 2026-08-17
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-07
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Ultratech Cement 7.34% Mar 2028 NCD?

Ultratech Cement 7.34% Mar 2028 NCD carries a coupon of 7.34%, paid annual, on a face value of ₹100,000.

When does Ultratech Cement 7.34% Mar 2028 NCD mature?

Ultratech Cement 7.34% Mar 2028 NCD matures on 2028-03-03, 1.5 years from today.

What is Ultratech Cement 7.34% Mar 2028 NCD rated?

Ultratech Cement 7.34% Mar 2028 NCD is rated AAA by CRISIL. As of 2025-02-19.

Is Ultratech Cement 7.34% Mar 2028 NCD secured?

Ultratech Cement 7.34% Mar 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Ultratech Cement 7.34% Mar 2028 NCD currently offer?

The last recorded trade on 2026-08-07 priced Ultratech Cement 7.34% Mar 2028 NCD at ₹100.25, implying a yield to maturity of 7.11%.

More Bonds from This Issuer
7
Ultratech Cement 7.34% Mar 2030 NCD
AAA
Coupon
7.34%
Maturity
05 Mar 2030
7
Ultratech Cement 7.22% Nov 2034 NCD
AAA
Coupon
7.22%
Maturity
24 Nov 2034
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