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ECL Finance 9.43% Aug 2028 NCD (INE804I078Y8)

CRISIL AA Secured NCD

ECL Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

26 more bonds from ECL Finance Limited →
Current YTM
9.38%
Market YTM
Coupon Rate
9.43%
Per annum
Maturity Date
06 Aug 2028
1.7 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000
Per Bond

Market Position

YTM (Annual)
9.38%
Last traded 6 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+246 bps
vs 1.7Y G-Sec at 6.92%
Above the median spread for similar-tenor peers
Tenure
1.7 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
22 Oct 20266 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

6 Dec 2026
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
6 Jan 2027
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
6 Feb 2027
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
6 Mar 2027
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
6 Apr 2027
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
6 May 2027
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
6 Jun 2027
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
6 Jul 2027
Interest Payment
₹7.86 / Bond
₹7.07 net of 10% TDS (est.)
…
+12 more coupons until 6 Jul 2028
₹7.86 each / Bond
6 Aug 2028
Final coupon + principal
₹1,007.86 / Bond
₹7.86 coupon + ₹1,000 face value

21 coupons remaining, the last paid with principal at maturity · per ₹1,000 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.

Payment Disclosures (SEBI Reg52(4))

5 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-11-02 Interest ₹47,00,000.00 ₹47,00,000.00 Paid XBRL →
Non-payment reason: NA
2026-11-02 Interest ₹47,00,000.00 ₹47,00,000.00 Paid XBRL →
Non-payment reason: NA
2026-10-01 Interest ₹46,00,000.00 ₹46,00,000.00 Paid XBRL →
Non-payment reason: NA
2026-09-01 Interest ₹47,00,000.00 ₹47,00,000.00 Paid XBRL →
Non-payment reason: NA
2026-08-01 Interest ₹47,00,000.00 ₹47,00,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 2 Nov 2026 Interest paid (SEBI Reg52(4) disclosure) — due 2 Nov 2026 Interest paid (SEBI Reg52(4) disclosure) — due 1 Oct 2026 Interest paid (SEBI Reg52(4) disclosure) — due 1 Sep 2026 Interest paid (SEBI Reg52(4) disclosure) — due 1 Aug 2026 Issued 6 Aug 2018 Matures 6 Aug 2028

5 SEBI Reg52(4) disclosed payments — hover a square/diamond for detail.

Key Metrics

Coupon Rate
9.43%
YTM (Annual)
9.38%
Credit Rating
AA
(CRISIL) · seen 28 Jun 2026
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.60 Yrs
Macaulay Duration
1.61 Yrs
Issue Size
₹59 Cr
Face Value
₹1,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
1.60 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
6 Nov 2026
NSE CM
Trades (30 Days)
18
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 18 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.77 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 6 Nov 2026
Instrument Type
NCD
Issue Date
6 Aug 2018
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

ECL Finance 9.43% Aug 2028 NCD is a secured, rated NCD issued by ECL Finance Limited. It pays a 9.43% p.a. coupon, monthly. Principal is repaid at maturity.

Rating Timeline

2 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
seen on 28 Jun 2026 CRISIL AA — Latest NSE listing
2018 ICRA AA — NSDL record, 2018 NSDL debt master

Rating Action History

4 actions

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

DateAgencyActionRatingOutlookRationale
2026-10-07 CRISIL Reaffirm — — View →
2026-09-24 CRISIL Update — — View →
2026-09-24 CRISIL Update — — View →
2026-08-06 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on ECL Finance 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
2026-10-07 CRISIL Reaffirm — View →
2026-09-24 CRISIL Update — View →
2026-08-06 CRISIL Update — View →
Alert me about ECL Finance 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 INE804I078Y8: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-06 100.0838 9.3834 —
2026-11-05 100.2110 9.3047 —
2026-11-04 100.2353 9.2895 —
2026-11-03 100.2507 9.2798 —
2026-11-02 100.1850 9.3203 —
2026-10-30 100.2521 9.2784 —
2026-10-27 100.2281 9.2928 —
2026-10-26 99.7775 9.5691 —
2026-10-23 100.5045 9.1241 —
2026-10-22 100.3549 9.2151 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2026-06-28
Rating Actions History 4 — 2026-10-07
Secondary-Market Trades 10 NSE CM 2026-11-06
Reg52(4) Payment Disclosures 5 NSE 2026-11-02

Documents

Entity metadata
Source
NSDL debt master
Last Updated
6 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)
₹1,000.84
YTM9.38%
Trade Date 6 Nov 2026 2d ago
SourceNSE CM
Accrued interest (est.)₹0.79
Dirty price (est.)₹1,001.62
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE804I078Y8
Issue Date
6 Aug 2018
Maturity Date
6 Aug 2028
Listing
—
Payment Frequency
Monthly
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 ECL Finance 9.43% Aug 2028 NCD?

ECL Finance 9.43% Aug 2028 NCD carries a coupon of 9.43%, paid monthly, on a face value of ₹1,000.

When does ECL Finance 9.43% Aug 2028 NCD mature?

ECL Finance 9.43% Aug 2028 NCD matures on 6 Aug 2028, 1.7 years from today.

What is ECL Finance 9.43% Aug 2028 NCD rated?

ECL Finance 9.43% Aug 2028 NCD is rated AA by CRISIL (rating dated 28 Jun 2026).

Is ECL Finance 9.43% Aug 2028 NCD secured?

ECL Finance 9.43% Aug 2028 NCD is a secured bond.

What yield does ECL Finance 9.43% Aug 2028 NCD currently offer?

The last recorded trade on 6 Nov 2026 priced ECL Finance 9.43% Aug 2028 NCD at ₹1,000.84 per bond, implying a yield to maturity of 9.38%.

More Bonds from This Issuer

E
ECL Finance 9.00% Mar 2027 NCD
INE804I078Q4
AA
Coupon
9.00%
Maturity
05 Mar 2027
E
ECL Finance 9.00% Mar 2027 NCD
INE804IA7378
A+ NSDL record, 2024
Coupon
9.00%
Maturity
05 Mar 2027
E
ECL Finance 10.40% Mar 2027 NCD
INE528S07169
A+ NSDL record, 2024
Coupon
10.40%
Maturity
18 Mar 2027
E
ECL Finance 9.75% Apr 2027 NCD
INE804I08726
A
Coupon
9.75%
Maturity
30 Apr 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 9.43%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE549K07GT1Muthoot Fincorp LimitedAA- NSDL record, 20259.45%2028-07-16
INE741K07587Creditaccess Grameen LimitedAA- NSDL record, 20239.40%2027-11-07
INE721A07NX5Shriram Finance LimitedAA+ NSDL record, 20189.40%2028-07-12
INE532F07IQ9Edelweiss Financial Services LimitedA+ NSDL record, 20259.40%2028-12-12
INE148I07ND6Sammaan Capital LimitedAA9.39%2027-12-28
INE148I07UC3Sammaan Capital LimitedAA9.48%2027-09-25

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