Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 23 Oct 2026 New rating assigned to AA+ CRISIL
- 23 Oct 2026 Credit rating disclosure Credit Rating
- Current ratings CRISIL AA+
- Rating range All current ratings are AA+ (CRISIL 30 Jun 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- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 23 Oct 2026
- Payment record No payment disclosures since 17 Jul 2026
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 1 of 27 active bonds had an exchange trade
- Exchange filings, 90 days 22 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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.
- 27 active bonds tracked from this issuer.
- 27 of 27 tracked bonds with a stated security status are secured. (based on 27 bonds with a disclosed security status)
- Most recent rating action: initial by CRISIL on 23 Oct 2026.
Operating in the Power & Energy sector, Torrent Power Limited is classified as a corporate issuer. Bond coupons here span 7.25% - 8.65%, paid annually. The maturity ladder spans 2027 - 2036.
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 (6 bonds).
Security Type / Instrument Mix
- NCD 27 bonds · 100% · ₹8,535 Cr tracked
Funding Evolution
Based on 27 of 27 active bonds with a known issue date and issue size.
- AA 27 bonds · 100%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CRISIL | AA+ | — | 7 |
| CRISIL | AA+ | — | 14 |
| India Ratings | AA+ | — | 6 |
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE813H07341 | Torrent Power 8.40% Jan 2027 NCD | 8.40% | AA+ (CRISIL, NSDL record 2023) | 2027-01-18 | — | — | |
| INE813H07382 | Torrent Power 8.32% Feb 2027 NCD | 8.32% | AA+ (CRISIL, NSDL record 2024) | 2027-02-28 | — | — | |
| INE813H07150 | Torrent Power 7.25% Mar 2027 NCD | 7.25% | AA+ (CRISIL, NSDL record 2022) | 2027-03-03 | — | — | |
| INE813H07192 | Torrent Power 7.45% Mar 2027 NCD | 7.45% | AA+ (CRISIL, NSDL record 2022) | 2027-03-11 | — | — | |
| INE813H07200 | Torrent Power 7.45% Apr 2027 NCD | 7.45% | AA+ (CRISIL, NSDL record 2022) | 2027-04-29 | — | — | |
| INE813H07226 | Torrent Power 8.30% Jun 2027 NCD | 8.30% | AA+ (CRISIL, NSDL record 2022) | 2027-06-02 | 7.95% | 2026-10-22 | |
| INE813H07333 | Torrent Power 8.40% Jan 2028 NCD | 8.40% | AA+ (CRISIL, NSDL record 2023) | 2028-01-18 | — | — | |
| INE813H07374 | Torrent Power 8.32% Feb 2028 NCD | 8.32% | AA+ (CRISIL, NSDL record 2024) | 2028-02-28 | — | — | |
| INE813H07234 | Torrent Power 8.35% Jun 2028 NCD | 8.35% | AA+ (CRISIL, NSDL record 2022) | 2028-06-02 | — | — | |
| INE813H07325 | Torrent Power 8.40% Jan 2029 NCD | 8.40% | AA+ (CRISIL) | 2029-01-18 | — | — | |
| INE813H07366 | Torrent Power 8.32% Feb 2029 NCD | 8.32% | AA+ (CRISIL, NSDL record 2024) | 2029-02-28 | — | — | |
| INE813H07432 | Torrent Power 8.10% Jun 2029 NCD | 8.10% | AA+ (CRISIL) | 2029-06-24 | — | 2026-07-02 | |
| INE813H07242 | Torrent Power 8.55% Jun 2031 NCD | 8.55% | AA+ (CRISIL, NSDL record 2022) | 2031-06-02 | — | — | |
| INE813H07317 | Torrent Power 8.50% Jun 2031 NCD | 8.50% | AA+ (India Ratings, NSDL record 2023) | 2031-06-07 | — | — | |
| INE813H07283 | Torrent Power 8.50% Jun 2031 NCD | 8.50% | AA+ (India Ratings, NSDL record 2023) | 2031-06-07 | — | — | |
| INE813H07440 | Torrent Power 8.15% Jun 2031 NCD | 8.15% | AA+ (CRISIL, NSDL record 2026) | 2031-06-24 | — | 2026-07-09 | |
| INE813H07218 | Torrent Power 8.05% Apr 2032 NCD | 8.05% | AA+ (CRISIL, NSDL record 2022) | 2032-04-29 | — | — | |
| INE813H07259 | Torrent Power 8.65% Jun 2032 NCD | 8.65% | AA+ (CRISIL, NSDL record 2022) | 2032-06-02 | — | — | |
| INE813H07275 | Torrent Power 8.50% Jun 2032 NCD | 8.50% | AA+ (India Ratings, NSDL record 2023) | 2032-06-07 | — | — | |
| INE813H07309 | Torrent Power 8.50% Jun 2032 NCD | 8.50% | AA+ (India Ratings, NSDL record 2023) | 2032-06-07 | — | — | |
| INE813H07291 | Torrent Power 8.50% Jun 2033 NCD | 8.50% | AA+ (India Ratings, NSDL record 2023) | 2033-06-07 | — | — | |
| INE813H07267 | Torrent Power 8.50% Jun 2033 NCD | 8.50% | AA+ (India Ratings, NSDL record 2023) | 2033-06-07 | — | — | |
| INE813H07465 | Torrent Power 8.20% Jun 2033 NCD | 8.20% | AA+ (CRISIL) | 2033-06-24 | — | — | |
| INE813H07424 | Torrent Power 7.97% Mar 2034 NCD | 7.97% | AA+ (CRISIL) | 2034-03-09 | — | 2026-07-17 | |
| INE813H07408 | Torrent Power 7.97% Mar 2035 NCD | 7.97% | AA+ (CRISIL) | 2035-03-09 | — | 2026-07-17 | |
| INE813H07416 | Torrent Power 7.97% Mar 2036 NCD | 7.97% | AA+ (CRISIL) | 2036-03-09 | — | 2026-07-29 | |
| INE813H07457 | Torrent Power 8.20% Jun 2036 NCD | 8.20% | AA+ (CRISIL) | 2036-06-24 | — | — |
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) | 27 | 2026-06-30 |
| Rating Actions History | 1 | 2026-10-23 |
| Secondary-Market Trades | 7 | 2026-10-22 |
| 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 Torrent Power Limited have?
Torrent Power Limited currently has 27 active bonds with coupons of 7.25% - 8.65%, maturities spanning 2027 - 2036.
What is Torrent Power Limited's credit rating?
The most common current rating on Torrent Power Limited's senior bonds is AA+ (CRISIL). Ratings on file come from CRISIL.
Are Torrent Power Limited's bonds secured?
Of the 27 bonds with a disclosed security status, 27 are secured (100%) and 0 are unsecured.
When do Torrent Power Limited's bonds mature?
Torrent Power Limited's active bonds mature between 2027 - 2036; the nearest matures in Jan 2027; the average tenure is 4.0 Yrs.
What is the average coupon on Torrent Power Limited's bonds?
The average coupon across Torrent Power Limited's 27 active bonds is 8.21%.
Disclaimer: This page aggregates publicly available data about Torrent Power 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.