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Torrent Pharmaceuticals 7.80% Jan 2031 NCD

AA+ Secured NCD

Torrent Pharmaceuticals Ltd

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
7.91%
Market YTM
Coupon Rate
7.80%
Per annum
Maturity Date
17 Jan 2031
4.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.91%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+117 bps
vs 4.4Y G-Sec at 6.74%
Below the median spread for similar-tenor peers
Tenure
4.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-02 2026-08-26
Cashflow Timeline
19 Jan 2027
Interest Payment
₹7,800.00 / Bond
19 Jan 2028
Interest Payment
₹7,800.00 / Bond
19 Jan 2029
Interest Payment
₹7,800.00 / Bond
19 Jan 2030
Interest Payment
₹7,800.00 / Bond
17 Jan 2031
Principal Payment
₹100,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-01-19 Matures 2031-01-17
Key Metrics
Coupon Rate
7.80%
YTM (Annual)
7.91%
Credit Rating
AA+
(ICRA)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
3.44 Yrs
Macaulay Duration
3.71 Yrs
Issue Size
₹3,500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE OTC (WAP)
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 2.20 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-01-19
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Torrent Pharmaceuticals Ltd, 7.80% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 4 DATE OF MATURITY 17/01/2031 is a secured, rated, ncd paying a 7.80% p.a. coupon annual. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 99.5160 7.9100 None
2026-08-25 99.5160 7.9100 None
2026-07-24 99.5400 7.9000 None
2026-07-23 99.5400 7.9000 None
2026-07-17 99.5400 7.9000 None
2026-07-16 99.5400 7.9000 None
2026-07-02 100.4699 7.6500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 7 NSE OTC (WAP) 2026-08-26
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 Torrent Pharmaceuticals 7.80% Jan 2031 NCD?

Torrent Pharmaceuticals 7.80% Jan 2031 NCD carries a coupon of 7.80%, paid annual, on a face value of ₹100,000.

When does Torrent Pharmaceuticals 7.80% Jan 2031 NCD mature?

Torrent Pharmaceuticals 7.80% Jan 2031 NCD matures on 2031-01-17, 4.4 years from today.

What is Torrent Pharmaceuticals 7.80% Jan 2031 NCD rated?

Torrent Pharmaceuticals 7.80% Jan 2031 NCD is rated AA+ by ICRA and AA+ by INDIA_RATINGS. As of 2026-06-28.

Is Torrent Pharmaceuticals 7.80% Jan 2031 NCD secured?

Torrent Pharmaceuticals 7.80% Jan 2031 NCD is a secured bond.

What yield does Torrent Pharmaceuticals 7.80% Jan 2031 NCD currently offer?

The last recorded trade on 2026-08-26 priced Torrent Pharmaceuticals 7.80% Jan 2031 NCD at ₹99.52, implying a yield to maturity of 7.91%.

More Bonds from This Issuer
7
Torrent Pharmaceuticals 7.45% Jan 2028 NCD
AA+
Coupon
7.45%
Maturity
19 Jan 2028
7
Torrent Pharmaceuticals 7.60% Jan 2029 NCD
AA+
Coupon
7.60%
Maturity
19 Jan 2029
3
Torrent Pharmaceuticals ZC Nov 2029 NCD
AA+
Coupon
Maturity
09 Nov 2029
7
Torrent Pharmaceuticals 7.70% Jan 2030 NCD
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Coupon
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Maturity
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