Balkrishna Industries Limited — Bonds & AA+ (ICRA) Rating
Corporate · Manufacturing
Verify this issuer →Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 23 Sep 2026 Credit rating disclosure Credit Rating- New
- 25 Aug 2026 Credit rating disclosure Credit Rating- New
- Current ratings CRISIL AA+, ICRA AA+
- Rating range All current ratings are AA+ (CRISIL 31 Mar 2026, ICRA 30 Sep 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 30 Sep 2026
- Payment record No payment disclosures since 17 Jul 2026
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 0 of 6 active bonds had an exchange trade
- Exchange filings, 90 days 52 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 6 active bonds tracked from this issuer.
- 0 of 6 tracked bonds with a stated security status are secured. (based on 6 bonds with a disclosed security status)
- Most recent rating action: update by CRISIL on 13 Aug 2026.
Balkrishna Industries Limited is a corporate issuer in the Manufacturing sector. Coupon rates on outstanding bonds range from 7.20% - 7.55%, paid annually. Bonds mature between 2028 - 2031.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
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Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (2 bonds).
Security Type / Instrument Mix
- NCD 6 bonds · 100% · ₹1,300 Cr tracked
Funding Evolution
Based on 6 of 6 active bonds with a known issue date and issue size.
- AA 6 bonds · 100%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CRISIL | AA+ | Stable | 3 |
| ICRA | AA+ | — | 3 |
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE787D08062 | Balkrishna Industries 7.35% Sep 2028 NCD | 7.35% | AA+ (ICRA) | 2028-09-01 | — | — | |
| INE787D08047 | Balkrishna Industries 7.20% Mar 2029 NCD | 7.20% | AA+ (CRISIL) | 2029-03-23 | — | — | |
| INE787D08070 | Balkrishna Industries 7.38% Sep 2029 NCD | 7.38% | AA+ (ICRA) | 2029-09-03 | — | — | |
| INE787D08039 | Balkrishna Industries 7.38% Mar 2030 NCD | 7.38% | AA+ (CRISIL) | 2030-03-22 | — | — | |
| INE787D08088 | Balkrishna Industries 7.40% Sep 2030 NCD | 7.40% | AA+ (ICRA) | 2030-09-03 | — | — | |
| INE787D08054 | Balkrishna Industries 7.55% Mar 2031 NCD | 7.55% | AA+ (CRISIL) | 2031-03-21 | — | — |
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.
No recorded secondary-market trades in the last 30 days.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 6 | 2026-09-30 |
| Rating Actions History | 1 | 2026-08-13 |
| Secondary-Market Trades | 0 | — |
| Reg52(4) Payment Disclosures | 0 | — |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does Balkrishna Industries Limited have?
Balkrishna Industries Limited currently has 6 active bonds with coupons of 7.20% - 7.55%, maturities spanning 2028 - 2031.
What is Balkrishna Industries Limited's credit rating?
The most common current rating on Balkrishna Industries Limited's senior bonds is AA+ (ICRA). Ratings on file come from CRISIL, ICRA.
Are Balkrishna Industries Limited's bonds secured?
Of the 6 bonds with a disclosed security status, 0 are secured (0%) and 6 are unsecured.
When do Balkrishna Industries Limited's bonds mature?
Balkrishna Industries Limited's active bonds mature between 2028 - 2031; the nearest matures in Sep 2028; the average tenure is 3.1 Yrs.
What is the average coupon on Balkrishna Industries Limited's bonds?
The average coupon across Balkrishna Industries Limited's 6 active bonds is 7.38%.
Disclaimer: This page aggregates publicly available data about Balkrishna Industries 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.