Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds

The Tata Power Company Limited — Bonds & AA (CRISIL) Rating

Corporate · Power & Energy

Verify this issuer →
Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AA (CRISIL)
Most common current rating on senior bonds
5 of 8 rated · CRISIL, 31 Jan 2023
Total Debt Outstanding
₹7,220 Cr
Across 11 instruments
Active Bonds
11
First Issue
27 Aug 2018
Latest Issue
14 Jul 2026
Maturity Range
2028 - 2032
Observation
11 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
Issuer health card 1 item to look at
  • Current ratings CRISIL AA, CRISIL AA+
  • Rating range Current ratings range from AA (CRISIL 31 Jan 2023) to AA+ (CRISIL 31 Jul 2026)
  • 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 31 Jul 2026
  • Payment record 1 payment disclosure since 17 Jul 2026: all on time
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 1 of 11 active bonds had an exchange trade
  • Exchange filings, 90 days 57 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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 The Tata Power Company 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
Power & Energy
Issuer Type
Corporate
First Tracked Bond
27 Aug 2018
Start of this issuer's debt program timeline
  • 11 active bonds tracked from this issuer.
  • 1 of 11 tracked bonds with a stated security status are secured. (based on 11 bonds with a disclosed security status)
  • Most recent rating action: update by CRISIL on 2 Sep 2026.

Operating in the Power & Energy sector, The Tata Power Company Limited is classified as a corporate issuer. Bond coupons here span 7.05% - 9.90%, paid annually. The maturity ladder spans 2028 - 2032.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

Thanks — your suggestion has been submitted for review.

02 Debt Profile
Outstanding Bonds
11
Tracked by RetailBonds
Amount Tracked
₹7,220 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
7.82%
Range 7.05% - 9.90%
Avg Remaining Tenure
3.6 Yrs
Nearest maturity Mar 2028
Secured
9%
1 of 11 bonds with known status
Callable
1
Of 11 bonds
Avg Spread vs G-Sec
+108 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 (3 bonds).

0 2028: 3 bonds, ₹2,220 Cr tracked, avg coupon 8.47% 3 bonds 2028 2029: 1 bond, ₹150 Cr tracked, avg coupon 7.77% 1 bond 2029 2030: 3 bonds, ₹1,650 Cr tracked, avg coupon 7.59% 3 bonds 2030 2031: 2 bonds, ₹1,700 Cr tracked, avg coupon 7.63% 2 bonds 2031 2032: 2 bonds, ₹1,500 Cr tracked, avg coupon 7.73% 2 bonds 2032

Security Type / Instrument Mix

  • NCD 11 bonds · 100% · ₹7,220 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2018: ₹1,000 Cr issued 2018 2019: ₹220 Cr issued 2019 2021: ₹500 Cr issued 2021 2022: ₹1,000 Cr issued 2022 2023: ₹1,000 Cr issued 2023 2025: ₹2,000 Cr issued 2025 2026: ₹1,500 Cr issued 2026 Cumulative: ₹1,000 Cr Cumulative: ₹1,220 Cr Cumulative: ₹1,720 Cr Cumulative: ₹2,720 Cr Cumulative: ₹3,720 Cr Cumulative: ₹5,720 Cr Cumulative: ₹7,220 Cr

Based on 11 of 11 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 11 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AA — 3
CRISIL AA+ Stable 3
CRISIL AA Stable 2
India Ratings AA NSDL record — 2
CARE AA NSDL record — 1

Recent Rating Actions

2 Sep 2026 · CRISIL
—
Update
7 Jul 2026 · CRISIL
AA+
Initial · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE245A07432 The Tata Power Company Mar 2028 NCD — AA (India Ratings, NSDL record 2019) 2028-03-31 — —
INE295J08022 The Tata Power Company 9.90% Aug 2028 NCD 9.90% AA (CARE, NSDL record 2018) 2028-08-27 — 2026-07-21
INE245A08281 The Tata Power Company 7.05% Dec 2028 NCD 7.05% AA+ (CRISIL) 2028-12-19 — 2026-08-19
INE245A08232 The Tata Power Company 7.77% Mar 2029 NCD 7.77% AA (CRISIL) 2029-03-23 — —
INE245A08257 The Tata Power Company 7.75% Jan 2030 NCD 7.75% AA (CRISIL) 2030-01-08 — —
INE245A08224 The Tata Power Company 7.77% Mar 2030 NCD 7.77% AA (CRISIL) 2030-03-22 — —
INE245A08299 The Tata Power Company 7.25% Dec 2030 NCD 7.25% AA+ (CRISIL) 2030-12-19 — —
INE245A08240 The Tata Power Company 7.77% Mar 2031 NCD 7.77% AA (CRISIL) 2031-03-24 — —
INE245A08307 The Tata Power Company 7.50% Jul 2031 NCD 7.50% AA+ (CRISIL) 2031-07-14 8.25% 2026-10-30
INE245A08273 The Tata Power Company 7.71% Sep 2032 NCD 7.71% AA (India Ratings, NSDL record 2023) 2032-09-28 — —
INE245A08265 The Tata Power Company 7.75% Dec 2032 NCD 7.75% AA (CRISIL) 2032-12-29 — —
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.

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)
7
Avg. Yield (Last 30 Days)
8.4%
06 Payment Disclosures (SEBI Reg52(4)) 1 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
27 Aug 2026 9.90% UNSECURED RATED LISTED... Interest ₹10,00,000.00 ₹96,50,00,000.00 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
Newspaper Publication 27 Oct 2026
Disclosure under Regulation 30 of the SEBI ( Listing Obligagtion and Disclosure Requirements) Regulations, 2015 - Cessastion of Independent Directors. 13 Oct 2026
NSE Corporate Announcements
Press Release 5 Nov 2026
Press Release 27 Oct 2026
Press Release 14 Oct 2026
Cessation 13 Oct 2026
Press Release 13 Oct 2026
Press Release 12 Oct 2026
Press Release 8 Oct 2026
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 11 2026-07-31
Rating Actions History 2 2026-09-02
Secondary-Market Trades 11 2026-10-30
Reg52(4) Payment Disclosures 1 2026-08-27

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

Related Issuers

All issuers →
Frequently Asked Questions
How many active bonds does The Tata Power Company Limited have?

The Tata Power Company Limited currently has 11 active bonds with coupons of 7.05% - 9.90%, maturities spanning 2028 - 2032.

What is The Tata Power Company Limited's credit rating?

The most common current rating on The Tata Power Company Limited's senior bonds is AA (CRISIL). Ratings on file come from CRISIL.

Are The Tata Power Company Limited's bonds secured?

Of the 11 bonds with a disclosed security status, 1 is secured (9%) and 10 are unsecured.

When do The Tata Power Company Limited's bonds mature?

The Tata Power Company Limited's active bonds mature between 2028 - 2032; the nearest matures in Mar 2028; the average tenure is 3.6 Yrs.

What is the average coupon on The Tata Power Company Limited's bonds?

The average coupon across The Tata Power Company Limited's 11 active bonds is 7.82%.

Disclaimer: This page aggregates publicly available data about The Tata Power Company 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.