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Aditya Birla Capital 7.38% Feb 2028 NCD (INE674K07036)

ICRA AAA Secured NCD

Aditya Birla Capital Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

94 more bonds from Aditya Birla Capital Limited →
Current YTM
8.25%
Market YTM
Coupon Rate
7.38%
Per annum
Maturity Date
14 Feb 2028
1.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

Market Position

YTM (Annual)
8.25%
Last traded 26 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+133 bps
vs 1.3Y G-Sec at 6.92%
Below the median spread for similar-tenor peers
Tenure
1.3 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
6 Jul 202626 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

26 May 2027
Interest Payment
₹7,380.00 / Bond
₹6,642.00 net of 10% TDS (est.)
14 Feb 2028
Final coupon (part period) + principal
₹1,05,323.28 / Bond
₹5,323.28 coupon + ₹1,00,000 face value

2 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AAA by ICRA on 8 Oct 2026 Issued 26 May 2025 Matures 14 Feb 2028

1 rating action on file since issue — hover a dot for detail.

Key Metrics

Coupon Rate
7.38%
YTM (Annual)
8.25%
Credit Rating
AAA
(ICRA) · rated 8 Oct 2026, 31 days ago
Remaining Tenure
1.3 Years

AAA (ICRA): Rated 8 Oct 2026 (31 days ago).

AAA (CRISIL): On the NSE listing when we first checked it, 28 Jun 2026; the listing doesn't give the agency's rating date.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
1.11 Yrs
Macaulay Duration
1.20 Yrs
Issue Size
₹1,250 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
1.11 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
26 Oct 2026
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.82 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
26 May 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Aditya Birla Capital Limited, Aditya Birla Capital 7.38% Feb 2028 NCD is a secured, rated NCD. It pays a 7.38% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
8 Oct 2026 ICRA AAA — Latest NSE filing →
seen on 28 Jun 2026 CRISIL AAA — Latest NSE listing
31 May 2025 ICRA AAA — Superseded BSE listing

Rating Action History

4 actions

Agency actions on Aditya Birla Capital Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-08 ICRA Reaffirm AA+ Stable NSE filing →
2026-10-08
This bond
ICRA Reaffirm AAA Stable NSE filing →
2026-09-28 India Ratings Reaffirm AA+ Stable NSE filing →
2026-09-28 India Ratings Reaffirm AAA Stable NSE filing →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Aditya Birla Capital Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-08 ICRA Reaffirm AA+ / Stable NSE filing →
2026-10-08 ICRA Reaffirm This bond AAA / Stable NSE filing →
2026-09-28 India Ratings Reaffirm AA+ / Stable NSE filing →
2026-09-28 India Ratings Reaffirm AAA / Stable NSE filing →
Alert me about Aditya Birla Capital Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE674K07036: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-26 98.9000 8.2500 1
2026-10-19 98.9200 8.2200 1
2026-09-29 98.8905 8.2100 1
2026-08-26 99.2466 7.9036 —
2026-08-25 99.2466 7.9036 —
2026-07-06 99.6342 7.5850 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 3 CRISIL, ICRA 2026-10-08
Rating Actions History 4 — 2026-10-08
Secondary-Market Trades 6 BSE 2026-10-26
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 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.

Current Price (Clean)
₹98,900.00
YTM8.25%
Trade Date 26 Oct 2026 13d ago
SourceBSE
Accrued interest (est.)₹5,418.74
Dirty price (est.)₹1,04,318.74
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE674K07036
Issue Date
26 May 2025
Maturity Date
14 Feb 2028
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Aditya Birla Capital 7.38% Feb 2028 NCD?

Aditya Birla Capital 7.38% Feb 2028 NCD carries a coupon of 7.38%, paid annual, on a face value of ₹1,00,000.

When does Aditya Birla Capital 7.38% Feb 2028 NCD mature?

Aditya Birla Capital 7.38% Feb 2028 NCD matures on 14 Feb 2028, 1.3 years from today.

What is Aditya Birla Capital 7.38% Feb 2028 NCD rated?

Aditya Birla Capital 7.38% Feb 2028 NCD is rated AAA by ICRA (rating dated 8 Oct 2026) and AAA by CRISIL (rating dated 28 Jun 2026).

Is Aditya Birla Capital 7.38% Feb 2028 NCD secured?

Aditya Birla Capital 7.38% Feb 2028 NCD is a secured bond.

Where does Aditya Birla Capital 7.38% Feb 2028 NCD trade?

Aditya Birla Capital 7.38% Feb 2028 NCD is listed on BSE.

What yield does Aditya Birla Capital 7.38% Feb 2028 NCD currently offer?

The last recorded trade on 26 Oct 2026 priced Aditya Birla Capital 7.38% Feb 2028 NCD at ₹98,900.00 per bond, implying a yield to maturity of 8.25%.

More Bonds from This Issuer

A
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Coupon
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Maturity
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A
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INE860H07IX6
Coupon
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Maturity
26 Feb 2027
A
Aditya Birla Capital Feb 2027 NCD
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Coupon
—
Maturity
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A
Aditya Birla Capital 8.25% Mar 2027 NCD
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Coupon
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Maturity
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INE403D08272Bharti Telecom LimitedAAA7.35%2027-10-15

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