L&T Finance Limited — Bonds & AAA (CARE) Rating on senior bonds
NBFC · Financial Services
Verify this issuer →Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 25 Aug 2026 New rating assigned to AAA CRISIL
- Current ratings CARE AAA, CRISIL AAA, ICRA AAA
- Rating range Current ratings on senior bonds range from AA (ICRA 28 Jun 2026) to AAA (CARE 25 Sep 2026, CRISIL 3 Sep 2025, ICRA 28 Jun 2026). All current ratings on Tier II / subordinated bonds are AAA (CARE 25 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 25 Sep 2026
- Payment record 23 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 19 of 90 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 90 active bonds tracked from this issuer.
- 75 of 89 tracked bonds with a stated security status are secured. (based on 89 bonds with a disclosed security status)
- Most recent rating action: reaffirm by CARE on 25 Sep 2026.
Operating in the Financial Services sector, L&T Finance Limited is classified as an NBFC. Bond coupons here span 7.08% - 9.70%, paid annually. The maturity ladder spans 2026 - 2036.
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 (18 bonds).
Security Type / Instrument Mix
- NCD 90 bonds · 100% · ₹24,868 Cr tracked
Funding Evolution
Based on 77 of 90 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.
Financial Snapshot
Q1 FY27As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 10 Jul 2026. Figures are reported facts, not a rating or recommendation.
- AAA 76 bonds · 84%
- AA 1 bond · 1%
- Unrated 13 bonds · 14%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CARE | AAA | — | 52 |
| CRISIL | AAA | — | 30 |
| ICRA | AAA | — | 7 |
| CRISIL | AAA | Stable | 6 |
| India Ratings | AA+ | — | 2 |
| ICRA | AA | — | 1 |
| CRISIL | AAA | — | 8 |
| ICRA | AAA | — | 2 |
| ICRA | AA+ | — | 1 |
| India Ratings | AAA | — | 1 |
Rating History (Trend)
Recent Rating Actions
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.
More bonds from this issuer (36)
- L&T Finance 7.80% Mar 2030 NCD · INE498L07111
- L&T Finance 8.30% Jun 2030 NCD · INE691I08537
- L&T Finance 8.10% Jun 2030 NCD · INE691I07EO1
- L&T Finance 8.15% Jul 2030 NCD · INE691I08545
- L&T Finance 7.66% Sep 2030 NCD · INE691I07EU8
- L&T Finance 7.62% Dec 2030 NCD · INE691I07EX2
- L&T Finance 8.63% Jan 2031 NCD · INE235P07142
- L&T Finance 8.73% Feb 2031 NCD · INE235P07191
- L&T Finance 7.40% May 2031 NCD · INE027E07BO3
- L&T Finance 7.79% Jun 2031 NCD · INE498L07202
- L&T Finance 8.65% Aug 2031 NCD · INE691I08453
- L&T Finance 8.63% Aug 2031 NCD · INE691I08461
- L&T Finance 8.55% Sep 2031 NCD · INE691I08479
- L&T Finance 8.43% Oct 2031 NCD · INE235P07514
- L&T Finance 8.10% Oct 2031 NCD · INE235P07AC5
- L&T Finance 7.95% Nov 2031 NCD · INE235P07AH4
- L&T Finance 8.20% May 2032 NCD · INE235P07738
- L&T Finance 8.10% Oct 2032 NCD · INE235P07AD3
- L&T Finance 7.95% Nov 2032 NCD · INE235P07AI2
- L&T Finance 8.05% Feb 2033 NCD · INE027E07CK9
- L&T Finance 7.85% May 2033 NCD · INE027E07CO1
- L&T Finance 7.90% Sep 2033 NCD · INE027E07CQ6
- L&T Finance 8.10% Oct 2033 NCD · INE235P07AE1
- L&T Finance 7.95% Nov 2033 NCD · INE235P07AJ0
- L&T Finance 9.22% Feb 2034 NCD · INE235P07944
- L&T Finance 7.90% Sep 2034 NCD · INE498L07095
- L&T Finance 8.10% Oct 2034 NCD · INE235P07AF8
- L&T Finance 7.95% Nov 2034 NCD · INE235P07AK8
- L&T Finance 8.10% Oct 2035 NCD · INE235P07AG6
- L&T Finance 7.95% Nov 2035 NCD · INE235P07AL6
- L&T Finance 7.75% Dec 2035 NCD · INE498L08051
- L&T Finance 8.63% Jan 2036 NCD · INE235P07159
- L&T Finance 8.73% Feb 2036 NCD · INE235P07209
- L&T Finance 8.20% Jul 2036 NCD · INE498L08069
- L&T Finance 8.57% Oct 2036 NCD · INE498L08077
- L&T Finance Perpetual NCD · INE691I08404
Last 30 days, across all outstanding bonds from this issuer.
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 Date | Bond | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|---|
| 28 Oct 2026 | 7.798% SECURED RATED LISTED... | Interest | ₹23,39,00,000.00 | ₹23,39,00,000.00 | Paid | XBRL → |
| 16 Oct 2026 | 9.70% Secured Non-Convertible... | Redemption | ₹76,61,00,000.00 | ₹76,61,00,000.00 | Paid | XBRL → |
| 15 Oct 2026 | 8.52% SECURED RATED LISTED... | Interest | — | — | Pending | XBRL → |
| 15 Oct 2026 | 8.70% SECURED RATED LISTED... | Interest | ₹13,00,000.00 | ₹13,00,000.00 | Paid | XBRL → |
| 13 Oct 2026 | 8.98% SECURED RATED LISTED... | Interest | ₹75,00,000.00 | ₹75,00,000.00 | Paid | XBRL → |
| 13 Oct 2026 | 8.84% SECURED RATED LISTED... | Interest | ₹1,00,000.00 | ₹1,00,000.00 | Paid | XBRL → |
| 28 Sep 2026 | 7.8384% SECURED RATED LISTED... | Interest | ₹17,82,00,000.00 | ₹17,82,00,000.00 | Paid | XBRL → |
| 25 Sep 2026 | 7.1242% SECURED RATED LISTED... | Interest | ₹17,81,00,000.00 | ₹17,81,00,000.00 | Paid | XBRL → |
| 15 Sep 2026 | 8.52% SECURED RATED LISTED... | Interest | — | — | Pending | XBRL → |
| 15 Sep 2026 | 8.70% SECURED RATED LISTED... | Interest | ₹13,00,000.00 | ₹13,00,000.00 | Paid | XBRL → |
| 13 Sep 2026 | 8.98% SECURED RATED LISTED... | Interest | ₹78,00,000.00 | ₹78,00,000.00 | Paid | XBRL → |
| 13 Sep 2026 | 8.84% SECURED RATED LISTED... | Interest | ₹1,00,000.00 | ₹1,00,000.00 | Paid | XBRL → |
| 13 Sep 2026 | 8.90% UNSECURED RATED LISTED... | Interest | ₹2,31,00,000.00 | ₹2,31,00,000.00 | Paid | XBRL → |
| 13 Sep 2026 | 7.90% SECURED RATED LISTED... | Interest | ₹1,26,40,00,000.00 | ₹1,26,40,00,000.00 | Paid | XBRL → |
| 13 Sep 2026 | 7.90% SECURED RATED LISTED... | Interest | ₹79,00,00,000.00 | ₹79,00,00,000.00 | Paid | XBRL → |
| 5 Sep 2026 | 7.9918% SECURED RATED LISTED... | Interest | ₹13,99,00,000.00 | ₹13,99,00,000.00 | Paid | XBRL → |
| 15 Aug 2026 | 8.52% SECURED RATED LISTED... | Interest | — | — | Pending | XBRL → |
| 15 Aug 2026 | 8.70% SECURED RATED LISTED... | Interest | ₹13,00,000.00 | ₹13,00,000.00 | Paid | XBRL → |
| 13 Aug 2026 | 8.98% SECURED RATED LISTED... | Interest | ₹78,00,000.00 | ₹78,00,000.00 | Paid | XBRL → |
| 13 Aug 2026 | 8.84% SECURED RATED LISTED... | Interest | ₹1,00,000.00 | ₹1,00,000.00 | 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.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 110 | 2026-09-25 |
| Rating Actions History | 2 | 2026-09-25 |
| Secondary-Market Trades | 520 | 2026-11-06 |
| Reg52(4) Payment Disclosures | 20 | 2026-10-28 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does L&T Finance Limited have?
L&T Finance Limited currently has 90 active bonds with coupons of 7.08% - 9.70%, maturities spanning 2026 - 2036.
What is L&T Finance Limited's credit rating?
The most common current rating on L&T Finance Limited's senior bonds is AAA (CARE). Ratings on file come from CARE, CRISIL, ICRA, India Ratings. Other instrument classes: Tier II / subordinated: AAA (CARE).
Are L&T Finance Limited's bonds secured?
Of the 89 bonds with a disclosed security status, 75 are secured (84%) and 14 are unsecured.
When do L&T Finance Limited's bonds mature?
L&T Finance Limited's active bonds mature between 2026 - 2036; the nearest matures in Nov 2026; the average tenure is 3.5 Yrs.
What is the average coupon on L&T Finance Limited's bonds?
The average coupon across L&T Finance Limited's 90 active bonds is 8.17%.
Disclaimer: This page aggregates publicly available data about L&T 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.