Sundaram Finance Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AAA (CRISIL)
Total Debt Outstanding
₹17,825 Cr
Across 33 instruments
Listed Bonds
33
First Issue
2016-08-03
Latest Issue
2026-06-15
Maturity Range
2026 - 2034
Observation
33 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Financial Services
Issuer Type
Nbfc
First Tracked Bond
2016-08-03
Start of this issuer's debt program timeline
  • 33 active bonds tracked from this issuer.
  • 18 of 33 tracked bonds with a stated security status are secured. (based on 33 bonds with a disclosed security status)
  • Most recent rating action: other by CRISIL on 2026-08-18.

Sundaram Finance Limited, an NBFC in the financial services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 6.99% - 9.75%, paid annual. Maturities on outstanding bonds fall between 2026 - 2034.

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
33
Tracked by RetailBonds
Amount Tracked
₹17,825 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 30 of 33 bonds)
Avg Coupon
7.85%
Range 6.99% - 9.75%
Avg Remaining Tenure
2.4 Yrs
Nearest maturity 2026-10
Secured
54%
18 of 33 bonds with known status
Callable
10
Of 33 bonds
Avg Spread vs G-Sec
+200 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (10 bonds).

0 2026: 2 bonds, ₹1,500 Cr tracked, avg coupon 7.89% 2 bonds 2026 2027: 8 bonds, ₹4,300 Cr tracked, avg coupon 7.64% 8 bonds 2027 2028: 10 bonds, ₹6,515 Cr tracked, avg coupon 7.79% 10 bonds 2028 2029: 4 bonds, ₹2,260 Cr tracked, avg coupon 8.22% 4 bonds 2029 2030: 5 bonds, ₹2,450 Cr tracked, avg coupon 7.80% 5 bonds 2030 2031: 2 bonds, ₹300 Cr tracked, avg coupon 7.78% 2 bonds 2031 2033: 1 bond, ₹200 Cr tracked, avg coupon 8.24% 1 bond 2033 2034: 1 bond, ₹300 Cr tracked, avg coupon 8.23% 1 bond 2034

Security Type / Instrument Mix

  • NCD 33 bonds · 100% · ₹17,825 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2017: ₹300 Cr issued 2017 2018: ₹500 Cr issued 2018 2019: ₹250 Cr issued 2019 2020: ₹450 Cr issued 2020 2021: ₹300 Cr issued 2021 2022: ₹500 Cr issued 2022 2023: ₹1,450 Cr issued 2023 2024: ₹4,050 Cr issued 2024 2025: ₹7,015 Cr issued 2025 2026: ₹3,010 Cr issued 2026 Cumulative: ₹300 Cr Cumulative: ₹800 Cr Cumulative: ₹1,050 Cr Cumulative: ₹1,500 Cr Cumulative: ₹1,800 Cr Cumulative: ₹2,300 Cr Cumulative: ₹3,750 Cr Cumulative: ₹7,800 Cr Cumulative: ₹14,815 Cr Cumulative: ₹17,825 Cr

Based on 30 of 33 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AAA 28 bonds · 85%
  • AA 2 bonds · 6%
  • Unrated 3 bonds · 9%
AgencyRatingOutlookBonds
CRISIL AAA 17
ICRA AAA 11
CRISIL AA+ 2

Recent Rating Actions

2026-08-18 · CRISIL
Other
2026-07-03 · CRISIL
AAA
Initial
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE660A07RQ0 8.04% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES X5 DATE OF MATURITY 26/10/2026 8.04% AAA (CRISIL) 2026-10-26
INE660A07RU2 7.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Y4 DATE OF MATURITY 11/12/2026 7.75% AAA (ICRA) 2026-12-11
INE660A07RW8 7.35% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z1 DATE OF MATURITY 23/04/2027 7.35% AAA (CRISIL) 2027-04-23 7.49% 2026-08-19
INE660A08BV2 8.48% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURE. SERIES Q - 5. DATE OF MATURITY 05/05/2027 8.48% AA+ (CRISIL) 2027-05-05
INE660A07RY4 6.99% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z3 DATE OF MATURITY 28/05/2027 6.99% AAA (CRISIL) 2027-05-28 7.45% 2026-08-14
INE660A08BW0 8.45% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURE. SERIES Q - 6. DATE OF MATURITY 07/06/2027 8.45% AA+ (CRISIL) 2027-06-07
INE660A07RT4 8.12% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES SERIES Y2 DATE OF MATURITY 21/06/2027. 8.12% AAA (ICRA) 2027-06-21
INE660A07RZ1 7.05% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES Z4 DATE OF MATURITY 10/09/2027 7.05% AAA (ICRA) 2027-09-10
IN8660A07050 7.05% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES Z4 DATE OF MATURITY 10/09/2027 7.05% 2027-09-10
INE660A07RI7 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES W5. DATE OF MATURITY 28/10/2027. AAA (CRISIL) 2027-10-28 7.63% 2026-08-19
INE660A07RV0 7.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Y5 DATE OF MATURITY 13/01/2028 7.70% AAA (ICRA) 2028-01-13
INE660A08BX8 8.45% UNSECURED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES Q 21. DATE OF MATURITY 19/01/2028 8.45% AAA (CRISIL) 2028-01-19
IN8660A07068 7.24% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z7 DATE OF MATURITY 14/02/2028 7.24% 2028-02-14
INE660A07SC8 7.24% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z7 DATE OF MATURITY 14/02/2028 7.24% AAA (ICRA) 2028-02-14
INE660A08BY6 8.45% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURE. SERIES Q 25. DATE OF MATURITY 21/02/2028 8.45% AAA (CRISIL) 2028-02-21
INE660A07RX6 7.18% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z2 DATE OF MATURITY 16/05/2028 7.18% AAA (CRISIL) 2028-05-16
INE660A07RN7 7.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SERIES X2 DATE OF MATURITY 08/08/2028 7.75% AAA (ICRA) 2028-08-08 7.68% 2026-08-11
INE660A07SA2 7.05% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z5 DATE OF MATURITY 11/10/2028 7.05% AAA (ICRA) 2028-10-11 7.80% 2026-08-24
INE660A08BZ3 9.75% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURES SERIES R 10. DATE OF MATURITY 24/11/2028 9.75% AAA (CRISIL) 2028-11-24 7.75% 2026-08-04
INE660A07SB0 7.05% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES Z6 DATE OF MATURITY 24/11/2028 7.05% AAA (CRISIL) 2028-11-24
INE660A07SD6 7.45% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES SERIES Z8 DATE OF MATURITY 16/03/2029 7.45% AAA (ICRA) 2029-03-16 7.73% 2026-07-30
INE660A08CA4 8.90% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES T-3. DATE OF MATURITY 13/06/2029. 8.90% AAA (CRISIL) 2029-06-13
INE660A07SE4 7.95% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES AA1 DATE OF MATURITY 14/08/2029 7.95% AAA (CRISIL) 2029-08-14 7.95% 2026-08-24
INE660A08CB2 8.60% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES T-7. DATE OF MATURITY 25/09/2029 8.60% AAA (CRISIL) 2029-09-25 8.45% 2026-08-26
INE660A08CC0 8.37% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES T-10. DATE OF MATURITY 29/01/2030. 8.37% AAA (CRISIL) 2030-01-29
INE660A07RR8 7.97% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES X7 DATE OF MATURITY 28/02/2030 7.97% AAA (CRISIL) 2030-02-28
INE660A08CD8 7.65% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES U 4. DATE OF MATURITY 12/07/2030 7.65% AAA (CRISIL) 2030-07-12
INE660A08CE6 7.65% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES U5. DATE OF MATURITY 19/07/2030 7.65% AAA (CRISIL) 2030-07-19 8.06% 2026-08-13
INE660A08CF3 7.37% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES U12. DATE OF MATURITY 16/12/2030. 7.37% AAA (CRISIL) 2030-12-16
INE660A08CG1 7.78% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES U15. DATE OF MATURITY 26/03/2031 7.78% AAA (ICRA) 2031-03-26
IN8660A08017 7.78% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES U15. DATE OF MATURITY 26/03/2031 7.78% 2031-03-26
INE660A08CH9 8.24% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES X6 DATE OF MATURITY 15/11/2033 8.24% AAA (ICRA) 2033-11-15
INE660A08CI7 8.23% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES Y3 DATE OF MATURITY 05/07/2034. 8.23% AAA (ICRA) 2034-07-05
Compare (/) Compare 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)
16
Avg. Yield (Last 30 Days)
7.81%
06 Payment Disclosures (SEBI Reg52(4)) 3 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
2026-08-14 7.95% SECURED RATED LISTED... Interest ₹164,700,000.00 ₹164,700,000.00 Paid XBRL →
2026-08-10 7.75% SECURED RATED LISTED... Interest ₹1,162,500,000.00 ₹1,162,500,000.00 Paid XBRL →
2026-07-20 7.65% UNSECURED RATED LISTED... Interest ₹76,500,000.00 ₹76,500,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

07 Regulatory Filings
NSE Corporate Announcements
Updates 2026-07-14
Updates 2026-07-10
Updates 2026-07-03
Updates 2026-07-01
Updates 2026-06-30
Trading Window 2026-06-26
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 30 2026-05-22
Rating Actions History 2 2026-08-18
Secondary-Market Trades 22 2026-08-26
Reg52(4) Payment Disclosures 3 2026-08-14

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

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Frequently Asked Questions
How many active bonds does Sundaram Finance Limited have?

Sundaram Finance Limited currently has 33 active bonds with coupons 6.99% - 9.75%, maturities spanning 2026 - 2034.

What is Sundaram Finance Limited's credit rating?

The most recent rating on Sundaram Finance Limited's bonds is AAA (CRISIL), published by CRISIL, ICRA.

Are Sundaram Finance Limited's bonds secured?

Of the 33 bonds with a disclosed security status, 18 are secured (54%) and 15 are unsecured.

When do Sundaram Finance Limited's bonds mature?

Sundaram Finance Limited's active bonds mature between 2026 - 2034; the nearest matures in 2026-10; the average tenure is 2.4 Yrs.

What is the average coupon on Sundaram Finance Limited's bonds?

The average coupon across Sundaram Finance Limited's 33 active bonds is 7.85%.

Disclaimer: This page aggregates publicly available data about Sundaram Finance 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.