P
AA Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
9.44%
Market YTM
Coupon Rate
6.75%
Per annum
Maturity Date
26 Sep 2031
5.1 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
9.44%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+309 bps
vs 5.1Y G-Sec at 6.34%
Top 24% of similar-tenor peers by spread
Tenure
5.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-14 2026-08-27
Cashflow Timeline
28 Sep 2026
Interest Payment
₹33.75 / Bond
28 Mar 2027
Interest Payment
₹33.75 / Bond
28 Sep 2027
Interest Payment
₹33.75 / Bond
28 Mar 2028
Interest Payment
₹33.75 / Bond
28 Sep 2028
Interest Payment
₹33.75 / Bond
28 Mar 2029
Interest Payment
₹33.75 / Bond
28 Sep 2029
Interest Payment
₹33.75 / Bond
28 Mar 2030
Interest Payment
₹33.75 / Bond
26 Sep 2031
Principal Payment
₹1,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-26 Rating action: AA by CRISIL on 2026-08-19 Rating action: by CRISIL on 2026-07-28 Rating action: by CRISIL on 2026-06-29 Initial rating: AA by CRISIL on 2026-06-17 Issued 2021-09-28 Matures 2031-09-26

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

Key Metrics
Coupon Rate
6.75%
YTM (Annual)
9.44%
Credit Rating
AA
(ICRA)
Remaining Tenure
5.1 Years
Advanced metrics
Modified Duration
4.01 Yrs
Macaulay Duration
4.20 Yrs
Issue Size
₹19,533 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
4.01 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
23
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 23 secondary-market trades recorded in the last 30 days.
  • Coupon is 3.25 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2021-09-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Piramal Finance Limited, PCFHL-6.75%-26-9-31-PVT is a secured, rated, ncd paying a 6.75% p.a. coupon semi annual. The instrument repays principal on maturity.

Rating Action History 5 actions
DateAgencyActionRatingOutlookRationale
2026-08-26 CRISIL Other View →
2026-08-19 CRISIL Other AA View →
2026-07-28 CRISIL Other View →
2026-06-29 CRISIL Other View →
2026-06-17 CRISIL Initial AA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 94.1472 9.4381 26636
2026-08-26 94.1360 9.4977 1800
2026-08-25 94.1360 9.4977 17
2026-08-24 94.1303 9.1627 21
2026-08-21 94.1135 9.4770 8
2026-08-20 94.1080 9.4229 17020
2026-08-19 94.1025 9.4465 5125
2026-08-18 94.0969 9.4311 3962
2026-08-17 94.0914 9.4221 28
2026-08-14 94.7263 9.2007 15
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, ICRA 2021-09-30
Rating Actions History 5 2026-08-26
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 Piramal Finance 6.75% Sep 2031 NCD?

Piramal Finance 6.75% Sep 2031 NCD carries a coupon of 6.75%, paid semi annual, on a face value of ₹1,000.

When does Piramal Finance 6.75% Sep 2031 NCD mature?

Piramal Finance 6.75% Sep 2031 NCD matures on 2031-09-26, 5.1 years from today.

What is Piramal Finance 6.75% Sep 2031 NCD rated?

Piramal Finance 6.75% Sep 2031 NCD is rated AA by ICRA and AA by CARE. As of 2021-09-06.

Is Piramal Finance 6.75% Sep 2031 NCD secured?

Piramal Finance 6.75% Sep 2031 NCD is a secured bond.

Where does Piramal Finance 6.75% Sep 2031 NCD trade?

Piramal Finance 6.75% Sep 2031 NCD is listed on BSE.

What yield does Piramal Finance 6.75% Sep 2031 NCD currently offer?

The last recorded trade on 2026-08-27 priced Piramal Finance 6.75% Sep 2031 NCD at ₹94.15, implying a yield to maturity of 9.44%.

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