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Bajaj Housing Finance Limited — Bonds & AAA (CRISIL) Rating

NBFC · Real Estate

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AAA (CRISIL)
Most common current rating on senior bonds
28 of 28 rated · CRISIL, 31 Aug 2026
Total Debt Outstanding
₹47,150 Cr
Across 54 instruments
Active Bonds
54
First Issue
31 Jan 2020
Latest Issue
20 Aug 2026
Maturity Range
2027 - 2036
Observation
54 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
Issuer health card Nothing flagged on record
  • Current ratings CRISIL AAA
  • Rating range All current ratings are AAA (CRISIL 31 Aug 2026)
  • Rating direction, 12 months 0 upgrades, 0 downgrades
  • Watch / negative outlook None in 12 months
  • Issuer not cooperating No such actions in 12 months
  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Newest agency rating Dated 27 Oct 2026
  • Payment record No payment disclosures since 17 Jul 2026
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 14 of 54 active bonds had an exchange trade
  • Exchange filings, 90 days 45 filings on NSE/BSE

A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.

Alert me about Bajaj Housing 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.
01 Issuer Overview
Sector
Real Estate
Issuer Type
NBFC
First Tracked Bond
31 Jan 2020
Start of this issuer's debt program timeline
  • 54 active bonds tracked from this issuer.
  • 48 of 52 tracked bonds with a stated security status are secured. (based on 52 bonds with a disclosed security status)
  • Most recent rating action: initial by CRISIL on 27 Oct 2026.

Bajaj Housing Finance Limited is an NBFC in the Real Estate sector. Coupon rates on outstanding bonds range from 6.90% - 8.25%, paid annually. Bonds mature between 2027 - 2036.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
54
Tracked by RetailBonds
Amount Tracked
₹47,150 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 37 of 54 bonds)
Avg Coupon
7.64%
Range 6.90% - 8.25%
Avg Remaining Tenure
4.2 Yrs
Nearest maturity Jan 2027
Secured
92%
48 of 52 bonds with known status
Callable
0
Of 54 bonds
Avg Spread vs G-Sec
+141 bps
Credit premium, from 12 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (11 bonds).

0 2027: 7 bonds, ₹7,500 Cr tracked, avg coupon 7.65% 7 bonds 2027 2028: 11 bonds, ₹7,863 Cr tracked, avg coupon 7.37% 11 bonds 2028 2029: 8 bonds, ₹7,500 Cr tracked, avg coupon 7.61% 8 bonds 2029 2030: 3 bonds, ₹5,000 Cr tracked, avg coupon 7.27% 3 bonds 2030 2031: 7 bonds, ₹3,926 Cr tracked, avg coupon 7.78% 7 bonds 2031 2032: 2 bonds, ₹1,000 Cr tracked, avg coupon 7.87% 2 bonds 2032 2033: 1 bond, ₹750 Cr tracked, avg coupon 8.04% 1 bond 2033 2034: 6 bonds, ₹7,271 Cr tracked, avg coupon 7.75% 6 bonds 2034 2035: 7 bonds, ₹4,455 Cr tracked, avg coupon 7.84% 7 bonds 2035 2036: 2 bonds, ₹1,885 Cr tracked, avg coupon 7.87% 2 bonds 2036

Security Type / Instrument Mix

  • NCD 54 bonds · 100% · ₹47,150 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2020: ₹2,955 Cr issued 2020 2021: ₹221 Cr issued 2021 2022: ₹2,500 Cr issued 2022 2023: ₹2,600 Cr issued 2023 2024: ₹16,449 Cr issued 2024 2025: ₹9,835 Cr issued 2025 2026: ₹12,590 Cr issued 2026 Cumulative: ₹2,955 Cr Cumulative: ₹3,176 Cr Cumulative: ₹5,676 Cr Cumulative: ₹8,276 Cr Cumulative: ₹24,725 Cr Cumulative: ₹34,560 Cr Cumulative: ₹47,150 Cr

Based on 37 of 54 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

Financial Snapshot

Q1 FY27
Debt / Equity
0.05
 
Debt Service Coverage (DSCR)
0.00
 
Interest Service Coverage (ISCR)
0.00
 
Revenue from Operations
₹3,063.02 Cr
 
Net Profit / Loss
₹715.28 Cr
 
Profit Before Tax
₹928.74 Cr
 

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 29 Jul 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • AAA 38 bonds · 70%
  • Unrated 16 bonds · 30%
AgencyRatingOutlookBonds
CRISIL AAA Stable 20
CRISIL AAA — 8
CRISIL AAA NSDL record — 8
India Ratings AAA NSDL record — 2

Recent Rating Actions

27 Oct 2026 · CRISIL
AAA
Initial · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE377Y07441 Bajaj Housing Finance 8.04% Jan 2027 NCD 8.04% AAA (CRISIL) 2027-01-18 — —
INE377Y07557 Bajaj Housing Finance 7.14% Feb 2027 NCD 7.14% AAA (CRISIL) 2027-02-26 — 2026-10-01
INE377Y07300 Bajaj Housing Finance 7.70% May 2027 NCD 7.70% AAA (CRISIL) 2027-05-21 — 2026-09-24
IN8377Y07036 Bajaj Housing Finance 7.70% May 2027 NCD 7.70% — 2027-05-21 — —
INE377Y07482 Bajaj Housing Finance 8.10% Jul 2027 NCD 8.10% AAA (CRISIL) 2027-07-08 8.22% 2026-11-05
INE377Y07581 Bajaj Housing Finance 6.90% Aug 2027 NCD 6.90% AAA (CRISIL) 2027-08-12 — —
INE377Y07383 Bajaj Housing Finance 7.98% Nov 2027 NCD 7.98% AAA (CRISIL) 2027-11-18 — 2026-09-03
INE377Y07615 Bajaj Housing Finance 6.95% Jan 2028 NCD 6.95% AAA (CRISIL) 2028-01-28 8.42% 2026-11-03
INE377Y07532 Bajaj Housing Finance 7.66% Mar 2028 NCD 7.66% AAA (CRISIL) 2028-03-20 — 2026-08-06
IN8377Y07101 Bajaj Housing Finance 7.66% Mar 2028 NCD 7.66% — 2028-03-20 — —
INE377Y07417 Bajaj Housing Finance 7.90% Apr 2028 NCD 7.90% AAA (CRISIL, NSDL record 2023) 2028-04-28 — 2026-10-05
INE377Y07565 Bajaj Housing Finance 7.02% May 2028 NCD 7.02% AAA (CRISIL) 2028-05-26 — 2026-10-05
IN8377Y07127 Bajaj Housing Finance 7.02% May 2028 NCD 7.02% — 2028-05-26 — —
INE377Y07599 Bajaj Housing Finance 6.97% Jul 2028 NCD 6.97% AAA (CRISIL) 2028-07-17 — 2026-09-03
INE377Y07433 Bajaj Housing Finance 7.85% Sep 2028 NCD 7.85% AAA (CRISIL) 2028-09-01 8.10% 2026-10-14
IN8377Y07069 Bajaj Housing Finance 7.85% Sep 2028 NCD 7.85% — 2028-09-01 — —
INE377Y07607 Bajaj Housing Finance 7.10% Oct 2028 NCD 7.10% AAA (CRISIL) 2028-10-16 8.53% 2026-10-28
IN8377Y07143 Bajaj Housing Finance 7.10% Oct 2028 NCD 7.10% — 2028-10-16 — —
INE377Y07623 Bajaj Housing Finance 7.25% Jan 2029 NCD 7.25% AAA (CRISIL) 2029-01-22 — —
IN8377Y07150 Bajaj Housing Finance 7.25% Jan 2029 NCD 7.25% — 2029-01-22 — —
INE377Y07474 Bajaj Housing Finance 8.05% May 2029 NCD 8.05% AAA (CRISIL) 2029-05-08 — —
IN8377Y07168 Bajaj Housing Finance 7.83% May 2029 NCD 7.83% — 2029-05-18 — —
INE377Y07649 Bajaj Housing Finance 7.83% May 2029 NCD 7.83% AAA (CRISIL) 2029-05-18 8.35% 2026-10-13
IN8377Y07184 Bajaj Housing Finance 7.53% Sep 2029 NCD 7.53% — 2029-09-28 — —
INE377Y07672 Bajaj Housing Finance 7.53% Sep 2029 NCD 7.53% AAA (CRISIL) 2029-09-28 8.62% 2026-10-28
INE377Y07524 Bajaj Housing Finance Oct 2029 NCD — AAA (CRISIL) 2029-10-17 — —
INE377Y07573 Bajaj Housing Finance 7.08% Jun 2030 NCD 7.08% AAA (CRISIL) 2030-06-12 8.67% 2026-10-30
IN8377Y07135 Bajaj Housing Finance 7.08% Jun 2030 NCD 7.08% — 2030-06-12 — —
INE377Y07664 Bajaj Housing Finance 7.64% Jul 2030 NCD 7.64% AAA (CRISIL) 2030-07-01 8.66% 2026-10-26
INE377Y07631 Bajaj Housing Finance 7.90% May 2031 NCD 7.90% AAA (CRISIL) 2031-05-12 — 2026-09-29
IN8377Y07176 Bajaj Housing Finance 8.25% May 2031 NCD 8.25% — 2031-05-27 — —
INE377Y07656 Bajaj Housing Finance 8.25% May 2031 NCD 8.25% AAA (CRISIL) 2031-05-27 8.70% 2026-10-29
IN8377Y07192 Bajaj Housing Finance 7.79% Aug 2031 NCD 7.79% — 2031-08-20 — —
INE377Y07698 Bajaj Housing Finance 7.79% Aug 2031 NCD 7.79% AAA (CRISIL) 2031-08-20 8.55% 2026-11-04
INE377Y07284 Bajaj Housing Finance 7.25% Oct 2031 NCD 7.25% AAA (India Ratings, NSDL record 2021) 2031-10-29 — —
IN8377Y07028 Bajaj Housing Finance 7.25% Oct 2031 NCD 7.25% — 2031-10-29 — —
INE377Y07359 Bajaj Housing Finance 7.89% Sep 2032 NCD 7.89% AAA (CRISIL, NSDL record 2022) 2032-09-08 8.56% 2026-11-04
INE377Y07367 Bajaj Housing Finance 7.84% Sep 2032 NCD 7.84% AAA (India Ratings, NSDL record 2022) 2032-09-23 — —
INE377Y07409 Bajaj Housing Finance 8.04% Feb 2033 NCD 8.04% AAA (CRISIL, NSDL record 2023) 2033-02-09 — —
INE377Y07458 Bajaj Housing Finance 7.80% Feb 2034 NCD 7.80% AAA (CRISIL) 2034-02-09 8.44% 2026-11-05
IN8377Y07085 Bajaj Housing Finance 7.80% Feb 2034 NCD 7.80% — 2034-02-09 — —
INE377Y07508 Bajaj Housing Finance 7.89% Jul 2034 NCD 7.89% AAA (CRISIL, NSDL record 2024) 2034-07-14 — 2026-09-29
IN8377Y07093 Bajaj Housing Finance 7.89% Jul 2034 NCD 7.89% — 2034-07-14 — —
INE377Y07516 Bajaj Housing Finance 7.56% Oct 2034 NCD 7.56% AAA (CRISIL) 2034-10-04 — 2026-09-28
IN8377Y07119 Bajaj Housing Finance 7.56% Oct 2034 NCD 7.56% — 2034-10-04 — —
INE377Y08019 Bajaj Housing Finance 8.00% Feb 2035 NCD 8.00% AAA (CRISIL) 2035-02-07 — —
INE377Y08118 Bajaj Housing Finance 8.00% Feb 2035 NCD 8.00% AAA (CRISIL, NSDL record 2025) 2035-02-07 — —
INE377Y08092 Bajaj Housing Finance 8.00% Feb 2035 NCD 8.00% AAA (CRISIL, NSDL record 2024) 2035-02-07 — —
INE377Y08134 Bajaj Housing Finance 8.00% Feb 2035 NCD 8.00% AAA (CRISIL, NSDL record 2025) 2035-02-07 — —
INE377Y08027 Bajaj Housing Finance 7.70% Mar 2035 NCD 7.70% AAA (CRISIL) 2035-03-09 — —
Compare (/) Compare Bonds

YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.

More bonds from this issuer (3)
05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

BSE Traded Value (Last 30 Days)
—
Number of Trades (Last 30 Days)
51
Avg. Yield (Last 30 Days)
8.48%
06 Regulatory Filings
BSE Corporate Announcements
Intimation of resignation of Gaurav Kalani - Chief Financial Officer 23 Oct 2026
Certificate of payment of interest in respect of secured non-convertible redeemable debentures 17 Oct 2026
Certificate from CFO on use of proceeds from issue of commercial papers 16 Oct 2026
Certificate of payment of interest in respect of secured non-convertible redeemable debentures 16 Oct 2026
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 38 2026-08-31
Rating Actions History 1 2026-10-27
Secondary-Market Trades 145 2026-11-06
Reg52(4) Payment Disclosures 0 —

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does Bajaj Housing Finance Limited have?

Bajaj Housing Finance Limited currently has 54 active bonds with coupons of 6.90% - 8.25%, maturities spanning 2027 - 2036.

What is Bajaj Housing Finance Limited's credit rating?

The most common current rating on Bajaj Housing Finance Limited's senior bonds is AAA (CRISIL). Ratings on file come from CRISIL.

Are Bajaj Housing Finance Limited's bonds secured?

Of the 52 bonds with a disclosed security status, 48 are secured (92%) and 4 are unsecured.

When do Bajaj Housing Finance Limited's bonds mature?

Bajaj Housing Finance Limited's active bonds mature between 2027 - 2036; the nearest matures in Jan 2027; the average tenure is 4.2 Yrs.

What is the average coupon on Bajaj Housing Finance Limited's bonds?

The average coupon across Bajaj Housing Finance Limited's 54 active bonds is 7.64%.

Disclaimer: This page aggregates publicly available data about Bajaj Housing Finance Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.