Cube Highways Trust — Bonds & AAA (India Ratings) Rating
Corporate · Infrastructure
Verify this issuer →Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- Current ratings India Ratings AAA, ICRA AAA, CRISIL AAA
- Rating range All current ratings are AAA (CRISIL 31 Jul 2026, ICRA 30 Apr 2025, India Ratings 31 Aug 2025)
- 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 18 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 10 active bonds had an exchange trade
- Exchange filings, 90 days 0 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 10 active bonds tracked from this issuer.
- 10 of 10 tracked bonds with a stated security status are secured. (based on 10 bonds with a disclosed security status)
- Most recent rating action: initial by CRISIL on 18 Sep 2026.
Cube Highways Trust, a corporate issuer in the Infrastructure sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 6.93% - 7.95%, paid quarterly. Maturities on outstanding bonds fall between 2028 - 2044.
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 (3 bonds).
Security Type / Instrument Mix
- NCD 10 bonds · 100% · ₹5,747 Cr tracked
Funding Evolution
Based on 9 of 10 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.
- AAA 9 bonds · 90%
- Unrated 1 bond · 10%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| India Ratings | AAA | Stable | 4 |
| CRISIL | AAA | — | 1 |
| CRISIL | AAA | Stable | 1 |
| ICRA | AAA | — | 1 |
| ICRA | AAA | Stable | 1 |
| India Ratings | AAA | — | 1 |
Rating History (Trend)
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE0NR607058 | Cube Highways Trust 7.25% Apr 2028 NCD | 7.25% | AAA (India Ratings) | 2028-04-25 | — | — | |
| INE0NR607074 | Cube Highways Trust 6.93% Feb 2029 NCD | 6.93% | AAA (India Ratings) | 2029-02-20 | — | — | |
| INE0NR607066 | Cube Highways Trust 7.30% Apr 2032 NCD | 7.30% | AAA (ICRA) | 2032-04-25 | — | — | |
| INE0NR607082 | Cube Highways Trust 7.30% Aug 2035 NCD | 7.30% | AAA (India Ratings) | 2035-08-20 | — | — | |
| INE0NR607108 | Cube Highways Trust 7.58% Sep 2035 NCD | 7.58% | — | 2035-09-11 | — | — | |
| INE0NR607090 | Cube Highways Trust 7.39% Mar 2038 NCD | 7.39% | AAA (CRISIL) | 2038-03-31 | — | — | |
| INE0NR607017 | Cube Highways Trust 7.49% Apr 2041 NCD | 7.49% | AAA (India Ratings) | 2041-04-15 | — | — | |
| INE0NR607033 | Cube Highways Trust 7.67% Dec 2042 NCD | 7.67% | AAA (ICRA) | 2042-12-31 | — | — | |
| INE0NR607041 | Cube Highways Trust 7.59% Mar 2044 NCD | 7.59% | AAA (CRISIL) | 2044-03-31 | — | — | |
| INE0NR607025 | Cube Highways Trust 7.95% Mar 2044 NCD | 7.95% | AAA (India Ratings, NSDL record 2024) | 2044-03-31 | — | — |
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) | 9 | 2026-07-31 |
| Rating Actions History | 2 | 2026-09-18 |
| 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 Cube Highways Trust have?
Cube Highways Trust currently has 10 active bonds with coupons of 6.93% - 7.95%, maturities spanning 2028 - 2044.
What is Cube Highways Trust's credit rating?
The most common current rating on Cube Highways Trust's senior bonds is AAA (India Ratings). Ratings on file come from CRISIL, ICRA, India Ratings.
Are Cube Highways Trust's bonds secured?
Of the 10 bonds with a disclosed security status, 10 are secured (100%) and 0 are unsecured.
When do Cube Highways Trust's bonds mature?
Cube Highways Trust's active bonds mature between 2028 - 2044; the nearest matures in Apr 2028; the average tenure is 10.4 Yrs.
What is the average coupon on Cube Highways Trust's bonds?
The average coupon across Cube Highways Trust's 10 active bonds is 7.44%.
Disclaimer: This page aggregates publicly available data about Cube Highways Trust 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.