Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds

Godrej Industries Limited — Bonds & AA+ (ICRA) Rating

Corporate · Manufacturing

Verify this issuer →
Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AA+ (ICRA)
Most common current rating on senior bonds
13 of 13 rated · ICRA, 14 Oct 2026
Total Debt Outstanding
₹6,700 Cr
Across 13 instruments
Active Bonds
13
First Issue
28 Sep 2021
Latest Issue
18 Sep 2026
Maturity Range
2027 - 2032
Observation
13 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 1 item to look at
  • Current ratings CRISIL AA+, ICRA AA+
  • Rating range All current ratings are AA+ (CRISIL 9 Oct 2026, ICRA 14 Oct 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 14 Oct 2026
  • Payment record 6 payment disclosures since 17 Jul 2026: all on time
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 0 of 13 active bonds had an exchange trade
  • Exchange filings, 90 days 20 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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 Godrej Industries 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
Manufacturing
Issuer Type
Corporate
First Tracked Bond
28 Sep 2021
Start of this issuer's debt program timeline
  • 13 active bonds tracked from this issuer.
  • 0 of 13 tracked bonds with a stated security status are secured. (based on 13 bonds with a disclosed security status)
  • Most recent rating action: reaffirm by ICRA on 14 Oct 2026.

Operating in the Manufacturing sector, Godrej Industries Limited is classified as a corporate issuer. Bond coupons here span 7.54% - 8.50%, paid annually. The maturity ladder spans 2027 - 2032.

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

Thanks — your suggestion has been submitted for review.

02 Debt Profile
Outstanding Bonds
13
Tracked by RetailBonds
Amount Tracked
₹6,700 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.06%
Range 7.54% - 8.50%
Avg Remaining Tenure
3.0 Yrs
Nearest maturity Feb 2027
Secured
0%
0 of 13 bonds with known status
Callable
0
Of 13 bonds

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (3 bonds).

0 2027: 3 bonds, ₹1,400 Cr tracked, avg coupon 8.37% 3 bonds 2027 2028: 2 bonds, ₹1,250 Cr tracked, avg coupon 7.84% 2 bonds 2028 2029: 2 bonds, ₹1,000 Cr tracked, avg coupon 7.85% 2 bonds 2029 2030: 2 bonds, ₹900 Cr tracked, avg coupon 7.74% 2 bonds 2030 2031: 3 bonds, ₹1,400 Cr tracked, avg coupon 8.12% 3 bonds 2031 2032: 1 bond, ₹750 Cr tracked, avg coupon 8.50% 1 bond 2032

Security Type / Instrument Mix

  • NCD 13 bonds · 100% · ₹6,700 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2021: ₹750 Cr issued 2021 2023: ₹400 Cr issued 2023 2024: ₹2,000 Cr issued 2024 2025: ₹1,800 Cr issued 2025 2026: ₹1,750 Cr issued 2026 Cumulative: ₹750 Cr Cumulative: ₹1,150 Cr Cumulative: ₹3,150 Cr Cumulative: ₹4,950 Cr Cumulative: ₹6,700 Cr

Based on 13 of 13 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 13 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AA+ — 13
ICRA AA+ — 13

Rating History (Trend)

AAA AA A BBB Below BBB Unrated CRISIL: AA on 2026-10-09 ICRA: AA on 2026-10-14
Oct 26 — Oct 26 CRISIL ICRA

Recent Rating Actions

14 Oct 2026 · ICRA
AA+
Reaffirmed · Stable
9 Oct 2026 · CRISIL
AA+
Initial · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE233A08089 Godrej Industries 8.29% Feb 2027 NCD 8.29% AA+ (CRISIL) 2027-02-26 — —
INE233A08113 Godrej Industries 8.40% Aug 2027 NCD 8.40% AA+ (CRISIL) 2027-08-27 — —
INE233A08139 Godrej Industries 8.42% Dec 2027 NCD 8.42% AA+ (CRISIL) 2027-12-27 — 2026-09-10
INE233A08154 Godrej Industries 8.10% May 2028 NCD 8.10% AA+ (CRISIL) 2028-05-22 — —
INE233A08055 Godrej Industries 7.58% Sep 2028 NCD 7.58% AA+ (CRISIL) 2028-09-28 — —
INE233A08170 Godrej Industries 7.54% May 2029 NCD 7.54% AA+ (CRISIL) 2029-05-04 — —
INE233A08147 Godrej Industries 8.15% Nov 2029 NCD 8.15% AA+ (CRISIL) 2029-11-22 — —
INE233A08162 Godrej Industries 7.59% May 2030 NCD 7.59% AA+ (CRISIL) 2030-05-06 — —
INE233A08188 Godrej Industries 7.89% Dec 2030 NCD 7.89% AA+ (CRISIL) 2030-12-20 — —
INE233A08196 Godrej Industries 7.89% Mar 2031 NCD 7.89% AA+ (CRISIL) 2031-03-21 — —
INE233A08204 Godrej Industries 8.23% Sep 2031 NCD 8.23% AA+ (CRISIL) 2031-09-24 — —
INE233A08212 Godrej Industries 8.23% Dec 2031 NCD 8.23% AA+ (CRISIL) 2031-12-24 — —
INE233A08220 Godrej Industries 8.50% Mar 2032 NCD 8.50% AA+ (CRISIL) 2032-03-18 — —
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.

05 Market Activity

No recorded secondary-market trades in the last 30 days.

06 Payment Disclosures (SEBI Reg52(4)) 4 disclosed

Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.

Due DateBondTypeAmount DueAmount PaidStatusFiling
28 Sep 2026 7.58% UNSECURED RATED LISTED... Interest ₹56,85,00,000.00 ₹56,85,00,000.00 Paid XBRL →
22 Sep 2026 7.89% UNSECURED RATED LISTED... Interest ₹31,56,00,000.00 ₹31,56,00,000.00 Paid XBRL →
22 Sep 2026 7.89% UNSECURED RATED LISTED... Interest ₹31,56,00,000.00 ₹31,56,00,000.00 Paid XBRL →
29 Aug 2026 8.40% UNSECURED RATED LISTED... Interest ₹41,20,00,000.00 ₹41,20,00,000.00 Paid XBRL →

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

07 Regulatory Filings
NSE Corporate Announcements
Updates 30 Oct 2026
Spurt in Volume 15 Oct 2026
Credit Rating 14 Oct 2026
Credit Rating 9 Oct 2026
Trading Window 28 Sep 2026
Acquisition 25 Sep 2026
Shareholders meeting 25 Sep 2026
General Updates 24 Sep 2026
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 26 2026-10-14
Rating Actions History 2 2026-10-14
Secondary-Market Trades 1 2026-09-10
Reg52(4) Payment Disclosures 4 2026-09-28

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

Related Issuers

All issuers →
Frequently Asked Questions
How many active bonds does Godrej Industries Limited have?

Godrej Industries Limited currently has 13 active bonds with coupons of 7.54% - 8.50%, maturities spanning 2027 - 2032.

What is Godrej Industries Limited's credit rating?

The most common current rating on Godrej Industries Limited's senior bonds is AA+ (ICRA). Ratings on file come from CRISIL, ICRA.

Are Godrej Industries Limited's bonds secured?

Of the 13 bonds with a disclosed security status, 0 are secured (0%) and 13 are unsecured.

When do Godrej Industries Limited's bonds mature?

Godrej Industries Limited's active bonds mature between 2027 - 2032; the nearest matures in Feb 2027; the average tenure is 3.0 Yrs.

What is the average coupon on Godrej Industries Limited's bonds?

The average coupon across Godrej Industries Limited's 13 active bonds is 8.06%.

Disclaimer: This page aggregates publicly available data about Godrej 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.