E
AA Secured NCD

ECL Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
7.80%
Market YTM
Coupon Rate
9.25%
Per annum
Maturity Date
22 Mar 2028
1.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
7.80%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+220 bps
vs 1.6Y G-Sec at 5.60%
Below the median spread for similar-tenor peers
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-27 2026-08-27
Cashflow Timeline
22 Mar 2027
Interest Payment
₹92.50 / Bond
22 Mar 2028
Principal Payment
₹1,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-06 Withdrawn: by CRISIL on 2026-06-25 Issued 2018-03-22 Matures 2028-03-22

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

Key Metrics
Coupon Rate
9.25%
YTM (Annual)
7.80%
Credit Rating
AA
(CRISIL)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.37 Yrs
Macaulay Duration
1.48 Yrs
Issue Size
₹48 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
1.37 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
9
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 9 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.75 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
2018-03-22
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

9.25% SECURED RATED LISTED REDEEMABLE NON CONVRTIBLE DEBENTURES. SERIES VI. DATE OF MATURITY 22/03/2028 is a secured, rated, redeemable ncd issued by ECL Finance Limited. The bond offers a fixed coupon of 9.25% p.a. with annual interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Other View →
2026-06-25 CRISIL Withdrawal View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 102.0970 7.7973 None
2026-08-24 101.5290 8.1889 None
2026-08-21 101.2100 8.4098 None
2026-08-18 102.1030 7.8124 None
2026-08-13 102.0000 7.8913 None
2026-08-10 102.0000 7.8972 None
2026-08-06 102.0000 7.9051 None
2026-08-05 101.3000 8.3683 None
2026-08-04 101.0000 8.5682 None
2026-07-27 100.3040 9.0334 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-06-28
Rating Actions History 2 2026-08-06
Secondary-Market Trades 10 NSE CM 2026-08-27
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 Ecl Finance 9.25% Mar 2028 NCD?

Ecl Finance 9.25% Mar 2028 NCD carries a coupon of 9.25%, paid annual, on a face value of ₹1,000.

When does Ecl Finance 9.25% Mar 2028 NCD mature?

Ecl Finance 9.25% Mar 2028 NCD matures on 2028-03-22, 1.6 years from today.

What is Ecl Finance 9.25% Mar 2028 NCD rated?

Ecl Finance 9.25% Mar 2028 NCD is rated AA by CRISIL and AA by ICRA. As of 2026-06-28.

Is Ecl Finance 9.25% Mar 2028 NCD secured?

Ecl Finance 9.25% Mar 2028 NCD is a secured bond.

Can Ecl Finance 9.25% Mar 2028 NCD be called or put back early?

Ecl Finance 9.25% Mar 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Ecl Finance 9.25% Mar 2028 NCD currently offer?

The last recorded trade on 2026-08-27 priced Ecl Finance 9.25% Mar 2028 NCD at ₹102.10, implying a yield to maturity of 7.80%.

More Bonds from This Issuer
E
ECL Finance 9.00% Mar 2027 NCD
AA
Coupon
9.00%
Maturity
05 Mar 2027
9
ECL Finance 9.00% Mar 2027 NCD
A+
Coupon
9.00%
Maturity
05 Mar 2027
1
ECL Finance 10.40% Mar 2027 NCD
A+
Coupon
10.40%
Maturity
18 Mar 2027
E
ECL Finance 9.75% Apr 2027 NCD
AA
Coupon
9.75%
Maturity
30 Apr 2027
Compare (/) Compare Bonds

← Back to screener