Larsen and Toubro Limited

Corporate

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Methodology v1.0 Download Report (PDF)
Latest Rating
AAA (CRISIL)
Total Debt Outstanding
₹9,800 Cr
Across 5 instruments
Listed Bonds
5
First Issue
2020-04-23
Latest Issue
2025-06-19
Maturity Range
2028 - 2035
Observation
5 active bonds tracked from this issuer.
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Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Issuer Type
Corporate
First Tracked Bond
2020-04-23
Start of this issuer's debt program timeline
  • 5 active bonds tracked from this issuer.
  • 0 of 5 tracked bonds with a stated security status are secured. (based on 5 bonds with a disclosed security status)
  • Most recent rating action: reaffirm by CRISIL on 2026-06-30.

Larsen and Toubro Limited is a corporate issuer. Coupon rates on outstanding bonds range from 6.35% - 8.00%, paid annual. Bonds mature between 2028 - 2035.

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
5
Tracked by RetailBonds
Amount Tracked
₹9,800 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
7.29%
Range 6.35% - 8.00%
Avg Remaining Tenure
4.8 Yrs
Nearest maturity 2028-04
Secured
0%
0 of 5 bonds with known status
Callable
0
Of 5 bonds
Avg Spread vs G-Sec
+126 bps
Credit premium (indicative)

Maturity Profile

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

0 2028: 2 bonds, ₹2,500 Cr tracked, avg coupon 7.04% 2 bonds 2028 2030: 1 bond, ₹1,800 Cr tracked, avg coupon 8.00% 1 bond 2030 2034: 1 bond, ₹1,500 Cr tracked, avg coupon 7.19% 1 bond 2034 2035: 1 bond, ₹4,000 Cr tracked, avg coupon 7.20% 1 bond 2035

Security Type / Instrument Mix

  • NCD 5 bonds · 100% · ₹9,800 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2020: ₹1,800 Cr issued 2020 2023: ₹2,000 Cr issued 2023 2024: ₹1,500 Cr issued 2024 2025: ₹4,500 Cr issued 2025 Cumulative: ₹1,800 Cr Cumulative: ₹3,800 Cr Cumulative: ₹5,300 Cr Cumulative: ₹9,800 Cr

Based on 5 of 5 active bonds with a known issue date and issue size.

03 Credit Profile
  • AAA 5 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AAA 5
INDIA_RATINGS AAA 1

Recent Rating Actions

2026-06-30 · CRISIL
AAA
Reaffirmed · Stable
04 Outstanding Bonds View all bonds →

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
4
Avg. Yield (Last 30 Days)
7.34%
06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 6 2026-06-28
Rating Actions History 1 2026-06-30
Secondary-Market Trades 5 2026-08-26
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 Larsen and Toubro Limited have?

Larsen and Toubro Limited currently has 5 active bonds with coupons 6.35% - 8.00%, maturities spanning 2028 - 2035.

What is Larsen and Toubro Limited's credit rating?

The most recent rating on Larsen and Toubro Limited's bonds is AAA (CRISIL), published by CRISIL, INDIA_RATINGS.

Are Larsen and Toubro Limited's bonds secured?

Of the 5 bonds with a disclosed security status, 0 are secured (0%) and 5 are unsecured.

When do Larsen and Toubro Limited's bonds mature?

Larsen and Toubro Limited's active bonds mature between 2028 - 2035; the nearest matures in 2028-04; the average tenure is 4.8 Yrs.

What is the average coupon on Larsen and Toubro Limited's bonds?

The average coupon across Larsen and Toubro Limited's 5 active bonds is 7.29%.

Disclaimer: This page aggregates publicly available data about Larsen and Toubro 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.