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Tata Capital Limited — Bonds & AAA (CRISIL) Rating on senior bonds

NBFC · Financial Services

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AAA (CRISIL)
Most common current rating on senior bonds
8 of 8 rated · CRISIL, 1 Oct 2026
Tier II / subordinated: AAA (CRISIL)
AT1 / perpetual: A (ICRA)
Total Debt Outstanding
₹52,055 Cr
Across 112 instruments
Active Bonds
112
First Issue
27 Mar 2014
Latest Issue
8 Sep 2026
Maturity Range
2026 - 2035
Observation
112 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
Issuer health card Nothing flagged on record
  • Current ratings CRISIL AAA, ICRA A, CRISIL A
  • Rating range All current ratings on senior bonds are AAA (CRISIL 1 Oct 2026). All current ratings on Tier II / subordinated bonds are AAA (CRISIL 28 Jun 2026). All current ratings on AT1 / perpetual bonds are A (CRISIL 31 Dec 2021, ICRA 31 Mar 2021)
  • 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 6 Nov 2026
  • Payment record 32 payment disclosures since 17 Jul 2026: all on time
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 34 of 112 active bonds had an exchange trade
  • Exchange filings, 90 days 36 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.

Alert me about Tata Capital Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.
01 Issuer Overview
Sector
Financial Services
Issuer Type
NBFC
First Tracked Bond
27 Mar 2014
Start of this issuer's debt program timeline
  • 112 active bonds tracked from this issuer.
  • 57 of 112 tracked bonds with a stated security status are secured. (based on 112 bonds with a disclosed security status)
  • Most recent rating action: initial by CRISIL on 6 Nov 2026.

Tata Capital Limited, an NBFC in the Financial Services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 7.10% - 11.50%, paid annually. Maturities on outstanding bonds fall between 2026 - 2035.

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
112
Tracked by RetailBonds
Amount Tracked
₹52,055 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 93 of 112 bonds)
Avg Coupon
8.56%
Range 7.10% - 11.50%
Avg Remaining Tenure
3.1 Yrs
Nearest maturity Dec 2026
Secured
50%
57 of 112 bonds with known status
Callable
22
Of 112 bonds
Avg Spread vs G-Sec
+106 bps
Credit premium, from 18 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (28 bonds).

0 2026: 1 bond, ₹3,000 Cr tracked, avg coupon 7.91% 1 bond 2026 2027: 19 bonds, ₹11,999 Cr tracked, avg coupon 8.07% 19 bonds 2027 2028: 13 bonds, ₹4,827 Cr tracked, avg coupon 8.52% 13 bonds 2028 2029: 20 bonds, ₹11,896 Cr tracked, avg coupon 8.79% 20 bonds 2029 2030: 8 bonds, ₹3,700 Cr tracked, avg coupon 7.64% 8 bonds 2030 2031: 6 bonds, ₹4,354 Cr tracked, avg coupon 7.46% 6 bonds 2031 2032: 5 bonds, ₹1,908 Cr tracked, avg coupon 7.82% 5 bonds 2032 2033: 4 bonds, ₹4,081 Cr tracked, avg coupon 8.12% 4 bonds 2033 2034: 7 bonds, ₹3,280 Cr tracked, avg coupon 8.20% 7 bonds 2034 2035: 1 bond, ₹500 Cr tracked, avg coupon 7.85% 1 bond 2035 2042+: 28 bonds, ₹2,510 Cr tracked, avg coupon 9.60% 28 bonds 2042+

Security Type / Instrument Mix

  • NCD 112 bonds · 100% · ₹52,055 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2014: ₹94 Cr issued 2014 2016: ₹350 Cr issued 2016 2017: ₹293 Cr issued 2017 2018: ₹1,186 Cr issued 2018 2019: ₹4,853 Cr issued 2019 2020: ₹2,718 Cr issued 2020 2021: ₹1,919 Cr issued 2021 2022: ₹5,374 Cr issued 2022 2023: ₹16,122 Cr issued 2023 2024: ₹4,861 Cr issued 2024 2025: ₹3,050 Cr issued 2025 2026: ₹11,235 Cr issued 2026 Cumulative: ₹94 Cr Cumulative: ₹444 Cr Cumulative: ₹736 Cr Cumulative: ₹1,923 Cr Cumulative: ₹6,776 Cr Cumulative: ₹9,494 Cr Cumulative: ₹11,413 Cr Cumulative: ₹16,787 Cr Cumulative: ₹32,909 Cr Cumulative: ₹37,770 Cr Cumulative: ₹40,820 Cr Cumulative: ₹52,055 Cr

Based on 93 of 112 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

Financial Snapshot

Q1 FY27
Debt / Equity
0.04
 
Debt Service Coverage (DSCR)
0.00
 
Interest Service Coverage (ISCR)
0.00
 
Revenue from Operations
₹6,334.12 Cr
 
Net Profit / Loss
₹999.44 Cr
 
Profit Before Tax
₹1,342.89 Cr
 

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 28 Jul 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • AAA 59 bonds · 53%
  • AA 20 bonds · 18%
  • A 13 bonds · 12%
  • Unrated 20 bonds · 18%
AgencyRatingOutlookBonds
CRISIL AAA — 10
ICRA A — 4
CRISIL A Stable 1
ICRA A Stable 1
CRISIL AAA NSDL record — 27
ICRA AAA NSDL record — 18
ICRA AA NSDL record — 7
CARE AA NSDL record — 6
CARE AAA NSDL record — 4
ICRA A NSDL record — 3
CARE AA+ NSDL record — 2
CRISIL AA+ NSDL record — 2
ICRA A- NSDL record — 2
CRISIL A NSDL record — 1
CRISIL AA NSDL record — 1
ICRA A+ NSDL record — 1
ICRA AA+ NSDL record — 1
ICRA AA- NSDL record — 1

Rating History (Trend)

AAA AA A BBB Below BBB Unrated CRISIL: AAA on 2026-06-19 CRISIL: AAA on 2026-07-22 CRISIL: AAA on 2026-11-06
Jun 26 — Nov 26 CRISIL

Recent Rating Actions

6 Nov 2026 · CRISIL
AAA
Initial · Stable
22 Jul 2026 · CRISIL
AAA
Initial · Stable
AAA
⊘ Withdrawn · Stable
NCD Public Issues
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE306N07NO7 Tata Capital 7.91% Dec 2026 NCD 7.91% AAA (ICRA, NSDL record 2023) 2026-12-03 — 2026-10-19
IN8306N07194 Tata Capital 8.10% Jan 2027 NCD 8.10% — 2027-01-22 — —
INE306N07NS8 Tata Capital 8.10% Jan 2027 NCD 8.10% AAA (CRISIL, NSDL record 2023) 2027-01-22 — 2026-09-04
INE306N07NM1 Tata Capital 8.30% Mar 2027 NCD 8.30% AAA (ICRA, NSDL record 2023) 2027-03-16 — 2026-07-16
INE976I07DC3 Tata Capital 8.30% Mar 2027 NCD 8.30% AAA (ICRA, NSDL record 2023) 2027-03-16 8.05% 2026-10-30
INE976I07CT9 Tata Capital 8.29% May 2027 NCD 8.29% AAA (CRISIL, NSDL record 2024) 2027-05-10 8.38% 2026-10-29
INE306N07MX0 Tata Capital 7.89% Jul 2027 NCD 7.89% AAA (ICRA, NSDL record 2022) 2027-07-26 8.05% 2026-10-09
IN8306N07079 Tata Capital 7.89% Jul 2027 NCD 7.89% — 2027-07-26 — —
INE306N07LM5 Tata Capital 8.65% Aug 2027 NCD 8.65% AAA (CRISIL, NSDL record 2019) 2027-08-26 8.48% 2026-11-06
INE306N07LL7 Tata Capital 8.55% Aug 2027 NCD 8.55% AAA (CRISIL) 2027-08-26 — 2021-05-07
INE306N07NA6 Tata Capital 7.68% Sep 2027 NCD 7.68% AAA (CRISIL, NSDL record 2022) 2027-09-07 — —
IN8306N07186 Tata Capital 7.68% Sep 2027 NCD 7.68% — 2027-09-07 — —
INE857Q07273 Tata Capital 8.00% Sep 2027 NCD 8.00% AAA (CARE, NSDL record 2020) 2027-09-10 8.38% 2026-11-03
IN8857Q07033 Tata Capital 8.00% Sep 2027 NCD 8.00% — 2027-09-10 — —
INE976I07CY9 Tata Capital 8.10% Sep 2027 NCD 8.10% AAA (CRISIL, NSDL record 2025) 2027-09-23 8.29% 2026-10-29
INE306N07ND0 Tata Capital 8.00% Oct 2027 NCD 8.00% AAA (CRISIL, NSDL record 2022) 2027-10-19 8.40% 2026-11-05
IN8306N07103 Tata Capital 8.00% Oct 2027 NCD 8.00% — 2027-10-19 — —
INE601U08010 Tata Capital 8.35% Nov 2027 NCD 8.35% AA+ (CARE, NSDL record 2017) 2027-11-13 8.50% 2026-11-05
INE306N07NQ2 Tata Capital 7.91% Dec 2027 NCD 7.91% AAA (ICRA, NSDL record 2023) 2027-12-03 — —
INE306N07NV2 Tata Capital 7.63% Dec 2027 NCD 7.63% AAA (ICRA, NSDL record 2023) 2027-12-21 — —
IN8306N07111 Tata Capital 7.95% Feb 2028 NCD 7.95% — 2028-02-08 — —
INE306N07NI9 Tata Capital 7.95% Feb 2028 NCD 7.95% AAA (CRISIL, NSDL record 2023) 2028-02-08 8.49% 2026-10-30
INE601U08028 Tata Capital 9.00% Mar 2028 NCD 9.00% AA (ICRA, NSDL record 2018) 2028-03-28 — —
IN8306N07210 Tata Capital 7.97% Jul 2028 NCD 7.97% — 2028-07-19 — —
INE306N07NP4 Tata Capital 7.97% Jul 2028 NCD 7.97% AAA (ICRA, NSDL record 2023) 2028-07-19 8.19% 2026-10-16
INE601U08036 Tata Capital 10.00% Aug 2028 NCD 10.00% AA+ (CARE, NSDL record 2018) 2028-08-31 — —
INE306N08284 Tata Capital 9.00% Sep 2028 NCD 9.00% AAA (CRISIL, NSDL record 2018) 2028-09-27 4.09% 2026-10-26
INE306N08292 Tata Capital 9.10% Sep 2028 NCD 9.10% AAA (CRISIL) 2028-09-27 7.95% 2026-11-06
INE306N07NT6 Tata Capital 8.07% Oct 2028 NCD 8.07% AAA (CRISIL, NSDL record 2023) 2028-10-20 — 2026-09-01
IN8306N07202 Tata Capital 8.07% Oct 2028 NCD 8.07% — 2028-10-20 — —
INE976I07DB5 Tata Capital 7.12% Nov 2028 NCD 7.12% AAA (CRISIL, NSDL record 2025) 2028-11-14 — 2026-07-22
INE306N07KL9 Tata Capital 9.25% Dec 2028 NCD 9.25% AAA (ICRA, NSDL record 2018) 2028-12-19 — —
INE306N08300 Tata Capital 9.32% Dec 2028 NCD 9.32% AAA (CRISIL, NSDL record 2018) 2028-12-28 8.50% 2026-11-05
INE976I07CS1 Tata Capital 7.99% Feb 2029 NCD 7.99% AAA (CRISIL, NSDL record 2024) 2029-02-13 — —
INE976I07DE9 Tata Capital Feb 2029 NCD — AAA (CRISIL) 2029-02-21 — —
INE976I07CV5 Tata Capital 8.14% Mar 2029 NCD 8.14% AAA (CRISIL, NSDL record 2024) 2029-03-21 — —
INE601U08051 Tata Capital 10.00% Mar 2029 NCD 10.00% AAA (CARE, NSDL record 2019) 2029-03-29 — 2026-09-21
INE306N08326 Tata Capital 8.95% Apr 2029 NCD 8.95% AAA (ICRA, NSDL record 2019) 2029-04-16 8.43% 2026-11-02
INE601U08069 Tata Capital 10.25% Apr 2029 NCD 10.25% AA- (ICRA, NSDL record 2019) 2029-04-30 — —
INE857Q08016 Tata Capital 9.18% May 2029 NCD 9.18% AAA (CARE, NSDL record 2019) 2029-05-10 — 2026-09-07
INE601U08077 Tata Capital 9.95% May 2029 NCD 9.95% AA (ICRA, NSDL record 2019) 2029-05-31 — —
INE976I07DF6 Tata Capital 8.15% Jun 2029 NCD 8.15% AAA (CRISIL) 2029-06-11 8.46% 2026-11-05
IN8976I07038 Tata Capital 8.15% Jun 2029 NCD 8.15% — 2029-06-11 — —
INE306N07LF9 Tata Capital 8.70% Jun 2029 NCD 8.70% AAA (CRISIL, NSDL record 2019) 2029-06-20 — —
INE857Q07232 Tata Capital 8.75% Jul 2029 NCD 8.75% AAA (CRISIL, NSDL record 2019) 2029-07-13 8.50% 2026-11-05
INE306N08334 Tata Capital 8.75% Aug 2029 NCD 8.75% AAA (CRISIL) 2029-08-26 — 2022-03-16
INE306N08342 Tata Capital 8.85% Aug 2029 NCD 8.85% AAA (CRISIL) 2029-08-26 6.86% 2026-10-30
INE976I07DH2 Tata Capital 8.05% Sep 2029 NCD 8.05% — 2029-09-07 8.17% 2026-11-06
INE857Q07240 Tata Capital 8.65% Oct 2029 NCD 8.65% AAA (CRISIL, NSDL record 2019) 2029-10-16 — —
IN8306N07178 Tata Capital 8.50% Nov 2029 NCD 8.50% — 2029-11-06 — —
Compare (/) Compare Bonds

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 (53)
05 Market Activity

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

BSE Traded Value (Last 30 Days)
₹1.3 Cr
Number of Trades (Last 30 Days)
176
Avg. Yield (Last 30 Days)
8.09%
06 Payment Disclosures (SEBI Reg52(4)) 20 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
6 Nov 2026 8.50% SECURED RATED LISTED... Interest ₹1,19,00,00,000.00 ₹1,19,00,00,000.00 Paid XBRL →
3 Nov 2026 7.905% SECURED RATED LISTED... Redemption ₹15,00,00,00,000.00 ₹15,00,00,00,000.00 Paid XBRL →
20 Oct 2026 8.07% SECURED RATED LISTED... Interest ₹1,08,44,00,000.00 ₹1,08,44,00,000.00 Paid XBRL →
19 Oct 2026 8% SECURED RATED LISTED REDEEMABLE... Interest ₹2,06,24,00,000.00 ₹2,06,24,00,000.00 Paid XBRL →
19 Oct 2026 8.10% UNSECURED LISTED RATED... Interest ₹6,08,00,000.00 ₹6,08,00,000.00 Paid XBRL →
16 Oct 2026 8.65% SECURED LISTED RATED... Interest ₹5,19,00,000.00 ₹5,19,00,000.00 Paid XBRL →
30 Sep 2026 8.10% UNSECURED LISTED RATED ... Interest ₹8,10,00,000.00 ₹8,10,00,000.00 Paid XBRL →
29 Sep 2026 7.10% SECURED RATED LISTED... Interest ₹31,88,00,000.00 ₹31,88,00,000.00 Paid XBRL →
27 Sep 2026 9% UNSECURED (CATEGORY I & II)... Interest ₹2,66,00,000.00 ₹2,66,00,000.00 Paid XBRL →
27 Sep 2026 9.10% UNSECURED (CATEGORY III & IV)... Interest ₹31,11,00,000.00 ₹31,11,00,000.00 Paid XBRL →
24 Sep 2026 10.25% UNSECURED LISTED SUBORDINATED... Interest ₹10,25,00,000.00 ₹10,25,00,000.00 Paid XBRL →
17 Sep 2026 7.60% UNSECURED RATED LISTED... Interest ₹22,80,00,000.00 ₹22,80,00,000.00 Paid XBRL →
14 Sep 2026 8.22% UNSECURED RATED LISTED... Interest ₹95,76,00,000.00 ₹95,76,00,000.00 Paid XBRL →
11 Sep 2026 8.61% UNSECURED RATED LISTED NON... Interest ₹8,01,00,000.00 ₹8,01,00,000.00 Paid XBRL →
9 Sep 2026 10.25% UNSECURED LISTED SUBORDINATED... Interest ₹4,41,00,000.00 ₹4,41,00,000.00 Paid XBRL →
7 Sep 2026 7.68% SECURED RATED LISTED... Interest ₹1,62,51,00,000.00 ₹1,62,51,00,000.00 Paid XBRL →
26 Aug 2026 8.65% SECURED LISTED RATED... Interest ₹51,93,00,000.00 ₹51,93,00,000.00 Paid XBRL →
26 Aug 2026 8.55% SECURED LISTED RATED... Interest ₹7,91,00,000.00 ₹7,91,00,000.00 Paid XBRL →
26 Aug 2026 8.75% UNSECURED LISTED RATED... Interest ₹41,00,000.00 ₹41,00,000.00 Paid XBRL →
26 Aug 2026 8.85% UNSECURED LISTED RATED... Interest ₹15,28,00,000.00 ₹15,28,00,000.00 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
BSE Corporate Announcements
NSE Corporate Announcements
Shareholders meeting 23 Jul 2026
Updates 23 Jul 2026
General Updates 22 Jul 2026
Credit Rating 16 Jul 2026
Credit Rating 15 Jul 2026
General Updates 15 Jul 2026
Press Release 15 Jul 2026
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 92 2026-10-01
Rating Actions History 3 2026-11-06
Secondary-Market Trades 648 2026-11-06
Reg52(4) Payment Disclosures 20 2026-11-06

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

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Frequently Asked Questions
How many active bonds does Tata Capital Limited have?

Tata Capital Limited currently has 112 active bonds with coupons of 7.10% - 11.50%, maturities spanning 2026 - 2035.

What is Tata Capital Limited's credit rating?

The most common current rating on Tata Capital Limited's senior bonds is AAA (CRISIL). Ratings on file come from CRISIL, ICRA. Other instrument classes: Tier II / subordinated: AAA (CRISIL) · AT1 / perpetual: A (ICRA).

Are Tata Capital Limited's bonds secured?

Of the 112 bonds with a disclosed security status, 57 are secured (50%) and 55 are unsecured.

When do Tata Capital Limited's bonds mature?

Tata Capital Limited's active bonds mature between 2026 - 2035; the nearest matures in Dec 2026; the average tenure is 3.1 Yrs.

What is the average coupon on Tata Capital Limited's bonds?

The average coupon across Tata Capital Limited's 112 active bonds is 8.56%.

Disclaimer: This page aggregates publicly available data about Tata Capital 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.