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Patel Engineering Limited — Bonds

Corporate · Infrastructure

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
A-
Rating on NSDL record (India Ratings, 2025)
No current agency rating on file
Total Debt Outstanding
₹835 Cr
Across 5 instruments
Active Bonds
5
First Issue
24 Nov 2017
Latest Issue
26 Aug 2025
Maturity Range
2027 - 2028
Observation
5 active bonds tracked from this issuer.
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Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
Issuer health card Nothing flagged on record
  • Current ratings No current agency rating on file; NSDL's debt master records a rating for some bonds, often from the time of issue
  • 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Payment record 4 payment disclosures since 17 Jul 2026: all on time
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 1 of 5 active bonds had an exchange trade
  • Exchange filings, 90 days 28 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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
Infrastructure
Issuer Type
Corporate
First Tracked Bond
24 Nov 2017
Start of this issuer's debt program timeline
  • 5 active bonds tracked from this issuer.
  • 5 of 5 tracked bonds with a stated security status are secured. (based on 5 bonds with a disclosed security status)

Patel Engineering Limited, a corporate issuer in the Infrastructure sector, is tracked on RetailBonds.in. Outstanding bonds carry a coupon of 10.25%, paid annually. Maturities on outstanding bonds fall between 2027 - 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
5
Tracked by RetailBonds
Amount Tracked
₹835 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
10.25%
Same rate on every bond
Avg Remaining Tenure
1.0 Yrs
Nearest maturity Aug 2027
Secured
100%
5 of 5 bonds with known status
Callable
1
Of 5 bonds
Avg Spread vs G-Sec
+358 bps
Credit premium, from 1 bond with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (4 bonds).

0 2027: 4 bonds, ₹785 Cr tracked 4 bonds 2027 2028: 1 bond, ₹50 Cr tracked, avg coupon 10.25% 1 bond 2028

Security Type / Instrument Mix

  • NCD 5 bonds · 100% · ₹835 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2017: ₹710 Cr issued 2017 2018: ₹75 Cr issued 2018 2025: ₹50 Cr issued 2025 Cumulative: ₹710 Cr Cumulative: ₹785 Cr Cumulative: ₹835 Cr

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

Financial Snapshot

H1 FY27
Debt / Equity
0.00
 
Debt Service Coverage (DSCR)
0.02
 
Interest Service Coverage (ISCR)
0.02
 
Revenue from Operations
₹2,477.02 Cr
 
Net Profit / Loss
₹139.15 Cr
 
Profit Before Tax
₹182.35 Cr
 

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 5 Nov 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • A 1 bond · 20%
  • Unrated 4 bonds · 80%
AgencyRatingOutlookBonds
India Ratings A- 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
INE244B07151 Patel Engineering Aug 2027 OCD — — 2027-08-08 — —
INE244B07227 Patel Engineering Aug 2027 OCD — — 2027-08-08 — —
INE244B07169 Patel Engineering Aug 2027 OCD — — 2027-08-08 — —
INE244B07219 Patel Engineering Aug 2027 OCD — — 2027-08-08 — —
INE244B07243 Patel Engineering 10.25% Aug 2028 NCD 10.25% A- (India Ratings, NSDL record 2025) 2028-08-25 10.50% 2026-11-05
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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

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

BSE Traded Value (Last 30 Days)
—
Number of Trades (Last 30 Days)
16
Avg. Yield (Last 30 Days)
10.69%
06 Payment Disclosures (SEBI Reg52(4)) 4 disclosed

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 DateBondTypeAmount DueAmount PaidStatusFiling
26 Oct 2026 10.25% SECURED RATED LISTED NON... Interest ₹68,00,000.00 ₹68,00,000.00 Paid XBRL →
26 Sep 2026 10.25% SECURED RATED LISTED NON... Interest ₹71,00,000.00 ₹71,00,000.00 Paid XBRL →
26 Aug 2026 10.25% SECURED RATED LISTED NON... Interest ₹7,05,50,23,00,000.00 ₹7,05,50,23,00,000.00 Paid XBRL →
26 Jul 2026 10.25% SECURED RATED LISTED NON... Interest ₹6,85,16,95,00,000.00 ₹6,85,16,95,00,000.00 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.

07 Regulatory Filings
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 1 2025-07-03
Rating Actions History 0 —
Secondary-Market Trades 79 2026-11-05
Reg52(4) Payment Disclosures 4 2026-10-26

Methodology version 1.0. See full methodology for sources and limitations.

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Disclaimer: This page aggregates publicly available data about Patel Engineering 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.