Muthoot Mercantile Limited — Bonds & A- (Acuite) Rating
NBFC · Financial Services
Verify this issuer →- Current ratings Acuité A-
- 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 30 Sep 2026
- Payment record No payment disclosures since 17 Jul 2026
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 1 of 47 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 47 active bonds tracked from this issuer.
- 47 of 47 tracked bonds with a stated security status are secured. (based on 47 bonds with a disclosed security status)
- Most recent rating action: initial by CRISIL on 17 Jun 2026.
Muthoot Mercantile Limited, an NBFC in the Financial Services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 9.50% - 11.50%, paid monthly. Maturities on outstanding bonds fall between 2026 - 2032.
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 (14 bonds).
Security Type / Instrument Mix
- NCD 47 bonds · 100% · ₹753 Cr tracked
Funding Evolution
Based on 47 of 47 active bonds with a known issue date and issue size.
- A 1 bond · 2%
- BBB 46 bonds · 98%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| Acuité | A- | — | 1 |
| India Ratings | BBB | — | 39 |
| CRISIL | BBB+ | — | 7 |
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE05F407BH3 | Muthoot Mercantile Dec 2026 NCD | — | BBB (India Ratings, NSDL record 2023) | 2026-12-21 | — | — | |
| INE05F407BG5 | Muthoot Mercantile 10.25% Dec 2026 NCD | 10.25% | BBB (India Ratings, NSDL record 2023) | 2026-12-21 | — | — | |
| INE05F407BM3 | Muthoot Mercantile 10.75% Dec 2026 NCD | 10.75% | BBB (India Ratings, NSDL record 2023) | 2026-12-21 | — | — | |
| INE05F407BO9 | Muthoot Mercantile Dec 2026 NCD | — | BBB (India Ratings, NSDL record 2023) | 2026-12-21 | — | — | |
| INE05F407DN7 | Muthoot Mercantile 9.50% Jan 2027 NCD | 9.50% | BBB (India Ratings, NSDL record 2025) | 2027-01-23 | — | — | |
| INE05F407DM9 | Muthoot Mercantile Jan 2027 NCD | — | BBB (India Ratings, NSDL record 2025) | 2027-01-23 | — | — | |
| INE05F407CD0 | Muthoot Mercantile May 2027 NCD | — | BBB (India Ratings, NSDL record 2024) | 2027-05-27 | — | — | |
| INE05F407CB4 | Muthoot Mercantile 10.75% May 2027 NCD | 10.75% | BBB (India Ratings, NSDL record 2024) | 2027-05-27 | — | — | |
| INE05F407DV0 | Muthoot Mercantile 10.50% Jul 2027 NCD | 10.50% | BBB+ (CRISIL, NSDL record 2026) | 2027-07-17 | — | — | |
| INE05F407DX6 | Muthoot Mercantile Jul 2027 NCD | — | BBB+ (CRISIL, NSDL record 2026) | 2027-07-17 | — | — | |
| INE05F407CQ2 | Muthoot Mercantile Sep 2027 NCD | — | BBB (India Ratings, NSDL record 2024) | 2027-09-11 | — | — | |
| INE05F407CM1 | Muthoot Mercantile 11.25% Sep 2027 NCD | 11.25% | BBB (India Ratings, NSDL record 2024) | 2027-09-11 | — | — | |
| INE05F407DR8 | Muthoot Mercantile Dec 2027 NCD | — | BBB (India Ratings, NSDL record 2025) | 2027-12-19 | — | — | |
| INE05F407DO5 | Muthoot Mercantile 10.00% Dec 2027 NCD | 10.00% | BBB (India Ratings, NSDL record 2025) | 2027-12-19 | — | — | |
| INE05F407CW0 | Muthoot Mercantile 10.75% Jan 2028 NCD | 10.75% | BBB (India Ratings, NSDL record 2024) | 2028-01-29 | — | — | |
| INE05F407CX8 | Muthoot Mercantile Jan 2028 NCD | — | BBB (India Ratings, NSDL record 2024) | 2028-01-29 | — | — | |
| INE05F407DF3 | Muthoot Mercantile Apr 2028 NCD | — | BBB (India Ratings, NSDL record 2024) | 2028-04-20 | — | — | |
| INE05F407DG1 | Muthoot Mercantile 10.75% Apr 2028 NCD | 10.75% | BBB (India Ratings, NSDL record 2024) | 2028-04-20 | — | — | |
| INE05F407DZ1 | Muthoot Mercantile Jun 2028 NCD | — | BBB+ (CRISIL, NSDL record 2026) | 2028-06-12 | — | — | |
| INE05F407DY4 | Muthoot Mercantile 10.75% Jun 2028 NCD | 10.75% | BBB+ (CRISIL, NSDL record 2026) | 2028-06-12 | — | — | |
| INE05F407DI7 | Muthoot Mercantile Jul 2028 NCD | — | BBB (India Ratings, NSDL record 2025) | 2028-07-30 | — | — | |
| INE05F407DJ5 | Muthoot Mercantile 10.25% Jul 2028 NCD | 10.25% | BBB (India Ratings, NSDL record 2025) | 2028-07-30 | — | — | |
| INE05F407DP2 | Muthoot Mercantile 10.25% Dec 2028 NCD | 10.25% | BBB (India Ratings, NSDL record 2025) | 2028-12-18 | — | — | |
| INE05F407DS6 | Muthoot Mercantile Dec 2028 NCD | — | BBB (India Ratings, NSDL record 2025) | 2028-12-19 | — | — | |
| INE05F407BB6 | Muthoot Mercantile 10.50% Dec 2028 NCD | 10.50% | BBB (India Ratings, NSDL record 2023) | 2028-12-21 | — | — | |
| INE05F407BJ9 | Muthoot Mercantile Dec 2028 NCD | — | BBB (India Ratings, NSDL record 2023) | 2028-12-21 | — | — | |
| INE05F407BL5 | Muthoot Mercantile 11.00% Dec 2028 NCD | 11.00% | BBB (India Ratings, NSDL record 2023) | 2028-12-21 | — | — | |
| INE05F407BQ4 | Muthoot Mercantile Dec 2028 NCD | — | BBB (India Ratings, NSDL record 2023) | 2028-12-21 | — | — | |
| INE05F407EC8 | Muthoot Mercantile 10.25% Mar 2029 NCD | 10.25% | A- (Acuité) | 2029-03-25 | 11.54% | 2026-11-06 | |
| INE05F407CC2 | Muthoot Mercantile May 2029 NCD | — | BBB (India Ratings, NSDL record 2024) | 2029-05-27 | — | — | |
| INE05F407CH1 | Muthoot Mercantile 10.80% May 2029 NCD | 10.80% | BBB (India Ratings, NSDL record 2024) | 2029-05-27 | — | — | |
| INE05F407DW8 | Muthoot Mercantile 11.00% Jun 2029 NCD | 11.00% | BBB+ (CRISIL, NSDL record 2026) | 2029-06-12 | — | — | |
| INE05F407EA2 | Muthoot Mercantile Jun 2029 NCD | — | BBB+ (CRISIL, NSDL record 2026) | 2029-06-12 | — | — | |
| INE05F407CL3 | Muthoot Mercantile Sep 2029 NCD | — | BBB (India Ratings, NSDL record 2024) | 2029-09-11 | — | — | |
| INE05F407CO7 | Muthoot Mercantile 11.50% Sep 2029 NCD | 11.50% | BBB (India Ratings, NSDL record 2024) | 2029-09-11 | — | — | |
| INE05F407CZ3 | Muthoot Mercantile Jan 2030 NCD | — | BBB (India Ratings, NSDL record 2024) | 2030-01-29 | — | — | |
| INE05F407CY6 | Muthoot Mercantile 11.00% Jan 2030 NCD | 11.00% | BBB (India Ratings, NSDL record 2024) | 2030-01-29 | — | — | |
| INE05F407AZ7 | Muthoot Mercantile Mar 2030 NCD | — | BBB (India Ratings, NSDL record 2023) | 2030-03-21 | — | — | |
| INE05F407CE8 | Muthoot Mercantile Jul 2030 NCD | — | BBB (India Ratings, NSDL record 2024) | 2030-07-27 | — | — | |
| INE05F407CR0 | Muthoot Mercantile Oct 2030 NCD | — | BBB (India Ratings, NSDL record 2024) | 2030-10-11 | — | — | |
| INE05F407DQ0 | Muthoot Mercantile 10.75% Dec 2030 NCD | 10.75% | BBB (India Ratings, NSDL record 2025) | 2030-12-19 | — | — | |
| INE05F407DT4 | Muthoot Mercantile Dec 2030 NCD | — | BBB (India Ratings, NSDL record 2025) | 2030-12-19 | — | — | |
| INE05F407DB2 | Muthoot Mercantile Feb 2031 NCD | — | BBB (India Ratings, NSDL record 2024) | 2031-02-27 | — | — | |
| INE05F407DE6 | Muthoot Mercantile May 2031 NCD | — | BBB (India Ratings, NSDL record 2024) | 2031-05-20 | — | — | |
| INE05F407DL1 | Muthoot Mercantile Oct 2031 NCD | — | BBB (India Ratings, NSDL record 2025) | 2031-10-29 | — | — | |
| INE05F407DU2 | Muthoot Mercantile Mar 2032 NCD | — | BBB (India Ratings, NSDL record 2025) | 2032-03-19 | — | — | |
| INE05F407EB0 | Muthoot Mercantile Jul 2032 NCD | — | BBB+ (CRISIL, NSDL record 2026) | 2032-07-12 | — | — |
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.
Last 30 days, across all outstanding bonds from this issuer.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 47 | 2026-09-30 |
| Rating Actions History | 1 | 2026-06-17 |
| Secondary-Market Trades | 24 | 2026-11-06 |
| Reg52(4) Payment Disclosures | 0 | — |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does Muthoot Mercantile Limited have?
Muthoot Mercantile Limited currently has 47 active bonds with coupons of 9.50% - 11.50%, maturities spanning 2026 - 2032.
What is Muthoot Mercantile Limited's credit rating?
The most common current rating on Muthoot Mercantile Limited's senior bonds is A- (Acuite). Ratings on file come from Acuité.
Are Muthoot Mercantile Limited's bonds secured?
Of the 47 bonds with a disclosed security status, 47 are secured (100%) and 0 are unsecured.
When do Muthoot Mercantile Limited's bonds mature?
Muthoot Mercantile Limited's active bonds mature between 2026 - 2032; the nearest matures in Dec 2026; the average tenure is 2.1 Yrs.
What is the average coupon on Muthoot Mercantile Limited's bonds?
The average coupon across Muthoot Mercantile Limited's 47 active bonds is 10.63%.
Disclaimer: This page aggregates publicly available data about Muthoot Mercantile 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.