THDC India Ltd

Psu

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (CARE)
Total Debt Outstanding
₹10,463 Cr
Across 13 instruments
Listed Bonds
13
First Issue
2016-10-03
Latest Issue
2025-07-22
Maturity Range
2026 - 2035
Observation
13 active bonds tracked from this issuer.
View details →
Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Issuer Type
Psu
First Tracked Bond
2016-10-03
Start of this issuer's debt program timeline
  • 13 active bonds tracked from this issuer.
  • 6 of 13 tracked bonds with a stated security status are secured. (based on 13 bonds with a disclosed security status)

Operating in India, THDC India Ltd is classified as a public sector undertaking (PSU). Bond coupons here span 7.19% - 8.75%, paid annual. The maturity ladder spans 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
13
Tracked by RetailBonds
Amount Tracked
₹10,463 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
7.71%
Range 7.19% - 8.75%
Avg Remaining Tenure
5.9 Yrs
Nearest maturity 2026-10
Secured
46%
6 of 13 bonds with known status
Callable
0
Of 13 bonds
Avg Spread vs G-Sec
+137 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (3 bonds).

0 2026: 1 bond, ₹600 Cr tracked, avg coupon 7.59% 1 bond 2026 2029: 1 bond, ₹1,500 Cr tracked, avg coupon 8.75% 1 bond 2029 2030: 1 bond, ₹800 Cr tracked, avg coupon 7.19% 1 bond 2030 2031: 2 bonds, ₹1,950 Cr tracked, avg coupon 7.42% 2 bonds 2031 2032: 2 bonds, ₹1,400 Cr tracked, avg coupon 7.74% 2 bonds 2032 2033: 1 bond, ₹763 Cr tracked, avg coupon 7.76% 1 bond 2033 2034: 3 bonds, ₹2,150 Cr tracked, avg coupon 7.80% 3 bonds 2034 2035: 2 bonds, ₹1,300 Cr tracked, avg coupon 7.59% 2 bonds 2035

Security Type / Instrument Mix

  • NCD 13 bonds · 100% · ₹10,463 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2016: ₹600 Cr issued 2016 2019: ₹1,500 Cr issued 2019 2020: ₹800 Cr issued 2020 2021: ₹1,950 Cr issued 2021 2022: ₹1,400 Cr issued 2022 2023: ₹763 Cr issued 2023 2024: ₹2,150 Cr issued 2024 2025: ₹1,300 Cr issued 2025 Cumulative: ₹600 Cr Cumulative: ₹2,100 Cr Cumulative: ₹2,900 Cr Cumulative: ₹4,850 Cr Cumulative: ₹6,250 Cr Cumulative: ₹7,013 Cr Cumulative: ₹9,163 Cr Cumulative: ₹10,463 Cr

Based on 13 of 13 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 13 bonds · 100%
AgencyRatingOutlookBonds
CARE AA 10
INDIA_RATINGS AA 4
INDIA_RATINGS AA Stable 3
ICRA AA Stable 2
ICRA AA 1
INDIA_RATINGS AA+ 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE812V07013 THDC-7.59%-3-10-26-PVT 7.59% AA+ (INDIA_RATINGS) 2026-10-03
INE812V07021 THDCL-8.75%-6-9-29-PVT 8.75% AA (ICRA) 2029-09-06
INE812V07039 THDCIL-7.19%-24-7-30-PVT 7.19% AA (ICRA) 2030-07-24
INE812V07047 THDCIL-7.45%-20-1-31-PVT 7.45% AA (ICRA) 2031-01-20
INE812V07054 THDC-7.39%-25-8-31-PVT 7.39% AA (CARE) 2031-08-25
INE812V07062 7.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN THE NATURE DEBENTURE. SERIES VI. LETTER OF ALLOTMENT. DATE OF MATURITY 14/09/2032. 7.60% AA (CARE) 2032-09-14
INE812V08011 7.88% UNSECURED RATED LISTED NON CONVERTIBLE BOND IN NATURE OF DEBENTURES LETTER OF ALLOTMENT SERIES VII DATE OF MATURITY 27/12/2032 7.88% AA (CARE) 2032-12-27
INE812V08029 THDCIL-7.76%-13-9-33-PVT 7.76% AA (CARE) 2033-09-13
INE812V08037 THDCIL-7.93%-16-1-34-PVT 7.93% AA (CARE) 2034-01-16
INE812V08045 TIL-7.76%-29-5-24-PVT 7.76% AA (CARE) 2034-05-29
INE812V08052 TIL-7.72%-3-9-34-PVT 7.72% AA (CARE) 2034-09-03
INE812V08060 TIL-7.73%-18-2-35-PVT 7.73% AA (CARE) 2035-02-18
INE812V08078 TIL-7.45%-22-7-35-PVT 7.45% AA (CARE) 2035-07-22
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

No recorded secondary-market trades in the last 30 days.

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
2026-08-25 THDC-7.39%-25-8-31-PVT Interest ₹886,800,000.00 ₹886,800,000.00 Paid XBRL →
2026-07-24 THDCIL-7.19%-24-7-30-PVT Interest ₹575,200,000.00 ₹575,200,000.00 Paid XBRL →
2026-07-22 TIL-7.45%-22-7-35-PVT Interest ₹447,000,000.00 ₹447,000,000.00 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

No regulatory filings captured yet for this issuer.

08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 21 2025-07-31
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 3 2026-08-25

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

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Frequently Asked Questions
How many active bonds does THDC India Ltd have?

THDC India Ltd currently has 13 active bonds with coupons 7.19% - 8.75%, maturities spanning 2026 - 2035.

What is THDC India Ltd's credit rating?

The most recent rating on THDC India Ltd's bonds is AA (CARE), published by CARE, ICRA, INDIA_RATINGS.

Are THDC India Ltd's bonds secured?

Of the 13 bonds with a disclosed security status, 6 are secured (46%) and 7 are unsecured.

When do THDC India Ltd's bonds mature?

THDC India Ltd's active bonds mature between 2026 - 2035; the nearest matures in 2026-10; the average tenure is 5.9 Yrs.

What is the average coupon on THDC India Ltd's bonds?

The average coupon across THDC India Ltd's 13 active bonds is 7.71%.

Disclaimer: This page aggregates publicly available data about THDC India Ltd 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.