National Highways Authority of India — Bonds & AAA (CRISIL) Rating
Corporate · Infrastructure
Verify this issuer →- Current ratings CRISIL AAA, CARE AAA
- Rating range All current ratings are AAA (CARE 31 Aug 2020, CRISIL 31 Mar 2022)
- 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 2022
- Payment record 8 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 17 of 61 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 61 active bonds tracked from this issuer.
- 59 of 61 tracked bonds with a stated security status are secured. (based on 61 bonds with a disclosed security status)
National Highways Authority of India, a corporate issuer in the Infrastructure sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 5.00% - 8.75%, paid annually. Maturities on outstanding bonds fall between 2026 - 2050.
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 (10 bonds).
Security Type / Instrument Mix
- NCD 61 bonds · 100% · ₹2,17,256 Cr tracked
Funding Evolution
Based on 61 of 61 active bonds with a known issue date and issue size.
- AAA 61 bonds · 100%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CRISIL | AAA | — | 13 |
| CRISIL | AAA | Stable | 5 |
| CARE | AAA | — | 4 |
| CRISIL | AAA | — | 15 |
| India Ratings | AAA | — | 9 |
| CARE | AAA | — | 7 |
| ICRA | AAA | — | 7 |
| Brickwork | AAA | — | 1 |
Recent Rating Actions
No rating action history available.
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 (11)
- National Highways Authority of India 7.68% Aug 2041 NCD · INE906B07FD8
- National Highways Authority of India 7.05% Sep 2041 NCD · INE906B07IZ5
- National Highways Authority of India 7.22% Jan 2047 NCD · INE906B07FF3
- National Highways Authority of India 7.24% Jun 2047 NCD · INE906B07FU2
- National Highways Authority of India 7.14% Jul 2047 NCD · INE906B07FV0
- National Highways Authority of India 8.55% Jun 2048 NCD · INE906B07GK1
- National Highways Authority of India 8.45% Aug 2048 NCD · INE906B07GL9
- National Highways Authority of India Dec 2048 NCD · INE906B07GM7
- National Highways Authority of India 8.18% Mar 2049 NCD · INE906B07GQ8
- National Highways Authority of India 7.98% Dec 2049 NCD · INE906B07HJ1
- National Highways Authority of India 7.48% Mar 2050 NCD · INE906B07HM5
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 |
|---|---|---|---|---|---|---|
| 1 Oct 2026 | 8.3% Tax free Secured Redeemable Non... | Interest | ₹2,72,73,00,000.00 | ₹2,72,73,00,000.00 | Paid | XBRL → |
| 1 Oct 2026 | 7.39% SECURED REDEEMABLE TAX FREE... | Interest | ₹1,39,09,00,000.00 | ₹1,39,09,00,000.00 | Paid | XBRL → |
| 1 Oct 2026 | 7.69% SECURED REDEEMABLE TAX FREE... | Interest | ₹85,65,00,000.00 | ₹85,65,00,000.00 | Paid | XBRL → |
| 28 Sep 2026 | 7.05% SECURED RATED LISTED... | Interest | ₹4,23,00,00,000.00 | ₹4,23,00,00,000.00 | Paid | XBRL → |
| 21 Sep 2026 | 7.04% UNSECURED LISTED RATED... | Interest | ₹2,11,20,00,000.00 | ₹2,11,20,00,000.00 | Paid | XBRL → |
| 2 Aug 2026 | 10 YRS G-SEC RATE LINKED SECURED... | Interest | ₹1,74,16,00,000.00 | ₹1,74,16,00,000.00 | Paid | XBRL → |
| 1 Aug 2026 | 7.49% SECURED RATED LISTED TAXABLE... | Interest | ₹3,26,94,00,000.00 | ₹3,26,94,00,000.00 | Paid | XBRL → |
| 1 Aug 2026 | 7.49% SECURED RATED LISTED TAXABLE... | Interest | ₹3,26,94,00,000.00 | ₹3,26,94,00,000.00 | 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.
No regulatory filings captured yet for this issuer.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 61 | 2022-05-31 |
| Rating Actions History | 0 | — |
| Secondary-Market Trades | 552 | 2026-11-06 |
| Reg52(4) Payment Disclosures | 8 | 2026-10-01 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does National Highways Authority of India have?
National Highways Authority of India currently has 61 active bonds with coupons of 5.00% - 8.75%, maturities spanning 2026 - 2050.
What is National Highways Authority of India's credit rating?
The most common current rating on National Highways Authority of India's senior bonds is AAA (CRISIL). Ratings on file come from CARE, CRISIL.
Are National Highways Authority of India's bonds secured?
Of the 61 bonds with a disclosed security status, 59 are secured (96%) and 2 are unsecured.
When do National Highways Authority of India's bonds mature?
National Highways Authority of India's active bonds mature between 2026 - 2050; the nearest matures in Nov 2026; the average tenure is 8.0 Yrs.
What is the average coupon on National Highways Authority of India's bonds?
The average coupon across National Highways Authority of India's 61 active bonds is 7.19%.
Disclaimer: This page aggregates publicly available data about National Highways Authority of India 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.