Spandana Sphoorty Financial Limited — Bonds & BBB+ (CARE) Rating
NBFC · Financial Services
Verify this issuer →Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 26 Oct 2026 Interest payment notice Certificate of interest and part principal payment pursuant to NCD under Regulation 57 of SEBI (LODR) Regulation, 2015
- 13 Oct 2026 Debt securities notice Disclosure under Chapter XIV of SEBI Operational Circular for issue and listing NCDs-Centralized database for corporates.
- 7 Oct 2026 Debt securities notice We hereby inform that India Ratings & Research Private Limited has revised its rating outlook to stable and reaffirmed the rating for NCD a…
- 27 Sep 2026 Interest payment notice Certificate of interest payment pursuant of NCD under Regulation 57 of SEBI (LODR) Regulations, 2015.
- 12 Sep 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
- Current ratings CARE BBB+, CARE A+, CARE A
- Rating range Current ratings range from BBB (India Ratings 31 Dec 2025) to A+ (CARE 31 Aug 2024)
- 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 Dated 31 May 2026
- Payment record No payment disclosures since 17 Jul 2026
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 4 of 8 active bonds had an exchange trade
- Exchange filings, 90 days 37 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 8 active bonds tracked from this issuer.
- 7 of 7 tracked bonds with a stated security status are secured. (based on 7 bonds with a disclosed security status)
Operating in the Financial Services sector, Spandana Sphoorty Financial Limited is classified as an NBFC. Bond coupons here span 10.50% - 11.50%, paid monthly. The maturity ladder spans 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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Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (5 bonds).
Security Type / Instrument Mix
- NCD 8 bonds · 100% · ₹1,525 Cr tracked
Funding Evolution
Based on 7 of 8 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.
Financial Snapshot
Q1 FY26As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 12 Sep 2026. Figures are reported facts, not a rating or recommendation.
- A 2 bonds · 25%
- BBB 6 bonds · 75%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CARE | BBB+ | — | 3 |
| CARE | A | Stable | 1 |
| CARE | A+ | — | 1 |
| ICRA | BBB+ | Stable | 1 |
| India Ratings | BBB | Stable | 1 |
| India Ratings | BBB+ | Stable | 1 |
Recent Rating Actions
No rating action history available.
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE572J07737 | Spandana Sphoorty Financial 10.50% Apr 2027 NCD | 10.50% | A+ (CARE) | 2027-04-14 | — | — | |
| INE572J07752 | Spandana Sphoorty Financial 10.75% Apr 2027 NCD | 10.75% | A (CARE) | 2027-04-15 | — | — | |
| INE572J07778 | Spandana Sphoorty Financial 11.25% Dec 2027 NCD | 11.25% | BBB (India Ratings) | 2027-12-17 | 13.45% | 2026-11-04 | |
| INE572J07794 | Spandana Sphoorty Financial 11.00% Mar 2028 NCD | 11.00% | BBB+ (CARE) | 2028-03-31 | — | 2026-09-29 | |
| INE572J07810 | Spandana Sphoorty Financial 11.25% Apr 2028 NCD | 11.25% | BBB+ (ICRA) | 2028-04-26 | 11.85% | 2026-11-06 | |
| INE572J07760 | Spandana Sphoorty Financial 11.00% Apr 2028 NCD | 11.00% | BBB+ (India Ratings) | 2028-04-30 | 12.33% | 2026-11-06 | |
| INE572J07786 | Spandana Sphoorty Financial 11.50% Jun 2028 NCD | 11.50% | BBB+ (CARE) | 2028-06-30 | 12.25% | 2026-11-06 | |
| INE572J07802 | Spandana Sphoorty Financial 11.50% Jun 2028 NCD | 11.50% | BBB+ (CARE) | 2028-06-30 | — | — |
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) | 8 | 2026-05-31 |
| Rating Actions History | 0 | — |
| Secondary-Market Trades | 150 | 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 Spandana Sphoorty Financial Limited have?
Spandana Sphoorty Financial Limited currently has 8 active bonds with coupons of 10.50% - 11.50%, maturities spanning 2027 - 2028.
What is Spandana Sphoorty Financial Limited's credit rating?
The most common current rating on Spandana Sphoorty Financial Limited's senior bonds is BBB+ (CARE). Ratings on file come from CARE, ICRA, India Ratings.
Are Spandana Sphoorty Financial Limited's bonds secured?
Of the 7 bonds with a disclosed security status, 7 are secured (100%) and 0 are unsecured.
When do Spandana Sphoorty Financial Limited's bonds mature?
Spandana Sphoorty Financial Limited's active bonds mature between 2027 - 2028; the nearest matures in Apr 2027; the average tenure is 1.2 Yrs.
What is the average coupon on Spandana Sphoorty Financial Limited's bonds?
The average coupon across Spandana Sphoorty Financial Limited's 8 active bonds is 11.09%.
Disclaimer: This page aggregates publicly available data about Spandana Sphoorty Financial 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.