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Hinduja Housing Finance Limited — Bonds & AA+ (CARE) Rating on senior bonds

NBFC · Real Estate

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AA+ (CARE)
Most common current rating on senior bonds
9 of 9 rated · CARE, 12 Oct 2026
AT1 / perpetual: AA (CARE)
Total Debt Outstanding
₹1,277 Cr
Across 11 instruments
Active Bonds
11
First Issue
12 Jun 2023
Latest Issue
10 Nov 2025
Maturity Range
2027 - 2039
Observation
11 active bonds tracked from this issuer.
View details →
Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 23 Oct 2026 New rating assigned to AA+ CRISIL
Issuer health card 2 items to look at
  • Current ratings CARE AA+, CRISIL AA, CRISIL AA+
  • Rating range Current ratings on senior bonds range from AA (CRISIL 31 Jan 2024) to AA+ (CARE 12 Oct 2026, CRISIL 30 Nov 2025). All current ratings on AT1 / perpetual bonds are AA (CARE 12 Oct 2026, CRISIL 28 Feb 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 23 Oct 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 11 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.

Alert me about Hinduja 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
12 Jun 2023
Start of this issuer's debt program timeline
  • 11 active bonds tracked from this issuer.
  • 6 of 11 tracked bonds with a stated security status are secured. (based on 11 bonds with a disclosed security status)
  • Most recent rating action: initial by CRISIL on 23 Oct 2026.

Hinduja Housing Finance Limited is an NBFC in the Real Estate sector. Coupon rates on outstanding bonds range from 8.05% - 9.75%, paid annually. Bonds mature between 2027 - 2039.

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
11
Tracked by RetailBonds
Amount Tracked
₹1,277 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 10 of 11 bonds)
Avg Coupon
9.02%
Range 8.05% - 9.75%
Avg Remaining Tenure
5.3 Yrs
Nearest maturity Jan 2027
Secured
54%
6 of 11 bonds with known status
Callable
0
Of 11 bonds

Maturity Profile

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

0 2027: 2 bonds, ₹250 Cr tracked, avg coupon 8.85% 2 bonds 2027 2028: 1 bond, ₹75 Cr tracked, avg coupon 8.40% 1 bond 2028 2029: 1 bond, ₹75 Cr tracked, avg coupon 8.35% 1 bond 2029 2030: 3 bonds, ₹400 Cr tracked, avg coupon 8.83% 3 bonds 2030 2038: 2 bonds, ₹117 Cr tracked, avg coupon 9.65% 2 bonds 2038 2039: 1 bond, ₹210 Cr tracked, avg coupon 9.50% 1 bond 2039 2042+: 1 bond, ₹150 Cr tracked, avg coupon 9.50% 1 bond 2042+

Security Type / Instrument Mix

  • NCD 11 bonds · 100% · ₹1,277 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2023: ₹217 Cr issued 2023 2024: ₹535 Cr issued 2024 2025: ₹525 Cr issued 2025 Cumulative: ₹217 Cr Cumulative: ₹752 Cr Cumulative: ₹1,277 Cr

Based on 10 of 11 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AA 10 bonds · 91%
  • Unrated 1 bond · 9%
AgencyRatingOutlookBonds
CARE AA+ Stable 8
CRISIL AA Stable 2
CRISIL AA+ — 2
CARE AA Stable 1
CRISIL AA — 1
CRISIL AA+ Stable 1

Recent Rating Actions

23 Oct 2026 · CRISIL
AA+
Initial · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE401Y07019 Hinduja Housing Finance 8.85% Jan 2027 NCD 8.85% AA+ (CARE) 2027-01-01 — —
INE401Y07027 Hinduja Housing Finance 8.85% Feb 2027 NCD 8.85% AA+ (CARE) 2027-02-01 — —
INE401Y07035 Hinduja Housing Finance 8.40% Dec 2028 NCD 8.40% AA+ (CARE) 2028-12-29 — —
INE401Y07050 Hinduja Housing Finance 8.35% Mar 2029 NCD 8.35% AA+ (CARE) 2029-03-27 — —
INE401Y07043 Hinduja Housing Finance 8.70% Feb 2030 NCD 8.70% AA+ (CRISIL) 2030-02-03 — —
INE401Y08017 Hinduja Housing Finance 9.75% Jun 2030 NCD 9.75% AA+ (CARE) 2030-06-12 — —
INE401Y07068 Hinduja Housing Finance 8.05% Nov 2030 NCD 8.05% AA+ (CRISIL) 2030-11-10 — —
INE401Y08025 Hinduja Housing Finance 9.65% Dec 2038 NCD 9.65% AA+ (CARE) 2038-12-29 — —
IN8401Y08016 Hinduja Housing Finance 9.65% Dec 2038 NCD 9.65% — 2038-12-29 — —
INE401Y08033 Hinduja Housing Finance 9.50% Oct 2039 NCD 9.50% AA+ (CARE) 2039-10-11 — —
INE401Y08041 Hinduja Housing Finance 9.50% Perpetual NCD 9.50% AA (CARE) Perpetual — —
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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 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 15 2026-10-12
Rating Actions History 1 2026-10-23
Secondary-Market Trades 0 —
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 Hinduja Housing Finance Limited have?

Hinduja Housing Finance Limited currently has 11 active bonds with coupons of 8.05% - 9.75%, maturities spanning 2027 - 2039.

What is Hinduja Housing Finance Limited's credit rating?

The most common current rating on Hinduja Housing Finance Limited's senior bonds is AA+ (CARE). Ratings on file come from CARE, CRISIL. Other instrument classes: AT1 / perpetual: AA (CARE).

Are Hinduja Housing Finance Limited's bonds secured?

Of the 11 bonds with a disclosed security status, 6 are secured (54%) and 5 are unsecured.

When do Hinduja Housing Finance Limited's bonds mature?

Hinduja Housing Finance Limited's active bonds mature between 2027 - 2039; the nearest matures in Jan 2027; the average tenure is 5.3 Yrs.

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

The average coupon across Hinduja Housing Finance Limited's 11 active bonds is 9.02%.

Disclaimer: This page aggregates publicly available data about Hinduja 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.