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IL&FS Financial Services Limited — Bonds & AAA (CARE) Rating

NBFC · Financial Services

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AAA (CARE)
Most common current rating on senior bonds
1 of 1 rated · CARE, 31 Mar 2017
Total Debt Outstanding
₹1,200 Cr
Across 6 instruments
Active Bonds
6
First Issue
28 Dec 2011
Latest Issue
4 Jul 2018
Maturity Range
2026 - 2028
Observation
6 active bonds tracked from this issuer.
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Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies
Issuer health card 3 items to look at
  • Current ratings CARE AAA
  • Rating direction, 12 months No rating actions on file
  • 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 No agency rating on file newer than 31 Mar 2017
  • Payment record No payment disclosures since 17 Jul 2026
  • Defaults on record 46 bonds marked defaulted
  • Traded in the last 30 days 0 of 6 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.

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01 Issuer Overview
Sector
Financial Services
Issuer Type
NBFC
First Tracked Bond
28 Dec 2011
Start of this issuer's debt program timeline
Defaulted
46 bonds
  • 6 active bonds tracked from this issuer.
  • 2 of 6 tracked bonds with a stated security status are secured. (based on 6 bonds with a disclosed security status)

IL&FS Financial Services Limited is an NBFC in the Financial Services sector. Coupon rates on outstanding bonds range from 8.23% - 9.00%, paid annually. Bonds mature between 2026 - 2028.

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
6
Tracked by RetailBonds
Amount Tracked
₹1,200 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.69%
Range 8.23% - 9.00%
Avg Remaining Tenure
0.6 Yrs
Nearest maturity Dec 2026
Secured
33%
2 of 6 bonds with known status
Callable
0
Of 6 bonds

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (2 bonds).

0 2026: 1 bond, ₹750 Cr tracked, avg coupon 8.68% 1 bond 2026 2027: 2 bonds, ₹150 Cr tracked, avg coupon 8.37% 2 bonds 2027 2028: 1 bond, ₹100 Cr tracked, avg coupon 8.90% 1 bond 2028 2042+: 2 bonds, ₹200 Cr tracked, avg coupon 8.90% 2 bonds 2042+

Security Type / Instrument Mix

  • NCD 6 bonds · 100% · ₹1,200 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2016: ₹750 Cr issued 2016 2017: ₹250 Cr issued 2017 2018: ₹200 Cr issued 2018 Cumulative: ₹750 Cr Cumulative: ₹1,000 Cr Cumulative: ₹1,200 Cr

Based on 6 of 6 active bonds with a known issue date and issue size.

03 Credit Profile
  • AAA 4 bonds · 67%
  • AA 2 bonds · 33%
AgencyRatingOutlookBonds
CARE AAA — 1
Brickwork AA+ NSDL record — 2
CARE AAA NSDL record — 2
India Ratings AAA NSDL record — 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE121H08131 IL&FS Financial Services 8.68% Dec 2026 NCD 8.68% AAA (India Ratings, NSDL record 2016) 2026-12-06 — —
INE121H07BT6 IL&FS Financial Services 8.50% Feb 2027 NCD 8.50% AAA (CARE) 2027-02-20 — —
INE121H07BU4 IL&FS Financial Services 8.23% Apr 2027 NCD 8.23% AAA (CARE, NSDL record 2017) 2027-04-05 — —
INE121H08164 IL&FS Financial Services 8.90% Apr 2028 NCD 8.90% AAA (CARE, NSDL record 2018) 2028-04-23 — —
INE121H08156 IL&FS Financial Services 9.00% Perpetual NCD 9.00% AA+ (Brickwork, NSDL record 2018) Perpetual — —
INE121H08149 IL&FS Financial Services 8.80% Perpetual NCD 8.80% AA+ (Brickwork, NSDL record 2017) 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

No regulatory filings captured yet for this issuer.

07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 6 2018-03-27
Rating Actions History 0 —
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 IL&FS Financial Services Limited have?

IL&FS Financial Services Limited currently has 6 active bonds with coupons of 8.23% - 9.00%, maturities spanning 2026 - 2028.

What is IL&FS Financial Services Limited's credit rating?

The most common current rating on IL&FS Financial Services Limited's senior bonds is AAA (CARE). Ratings on file come from CARE.

Are IL&FS Financial Services Limited's bonds secured?

Of the 6 bonds with a disclosed security status, 2 are secured (33%) and 4 are unsecured.

When do IL&FS Financial Services Limited's bonds mature?

IL&FS Financial Services Limited's active bonds mature between 2026 - 2028; the nearest matures in Dec 2026; the average tenure is 0.6 Yrs.

Has IL&FS Financial Services Limited defaulted on any bonds?

46 of IL&FS Financial Services Limited's bonds are recorded as defaulted in RetailBonds.in's registry.

What is the average coupon on IL&FS Financial Services Limited's bonds?

The average coupon across IL&FS Financial Services Limited's 6 active bonds is 8.69%.

Disclaimer: This page aggregates publicly available data about IL&FS Financial Services 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.