Torrent Power Limited

Corporate · Power Energy

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA+ (CRISIL)
Total Debt Outstanding
₹8,535 Cr
Across 27 instruments
Listed Bonds
27
First Issue
2022-03-03
Latest Issue
2026-06-24
Maturity Range
2027 - 2036
Observation
27 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Power Energy
Issuer Type
Corporate
First Tracked Bond
2022-03-03
Start of this issuer's debt program timeline
  • 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)

Operating in the power energy sector, Torrent Power Limited is classified as a corporate issuer. Bond coupons here span 7.25% - 8.65%, paid annual. 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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02 Debt Profile
Outstanding Bonds
27
Tracked by RetailBonds
Amount Tracked
₹8,535 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.21%
Range 7.25% - 8.65%
Avg Remaining Tenure
4.2 Yrs
Nearest maturity 2027-01
Secured
100%
27 of 27 bonds with known status
Callable
0
Of 27 bonds
Avg Spread vs G-Sec
+190 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (6 bonds).

0 2027: 6 bonds, ₹935 Cr tracked, avg coupon 7.86% 6 bonds 2027 2028: 3 bonds, ₹425 Cr tracked, avg coupon 8.36% 3 bonds 2028 2029: 3 bonds, ₹1,125 Cr tracked, avg coupon 8.27% 3 bonds 2029 2031: 4 bonds, ₹1,250 Cr tracked, avg coupon 8.43% 4 bonds 2031 2032: 4 bonds, ₹550 Cr tracked, avg coupon 8.43% 4 bonds 2032 2033: 3 bonds, ₹1,200 Cr tracked, avg coupon 8.40% 3 bonds 2033 2034: 1 bond, ₹680 Cr tracked, avg coupon 7.97% 1 bond 2034 2035: 1 bond, ₹675 Cr tracked, avg coupon 7.97% 1 bond 2035 2036: 2 bonds, ₹1,695 Cr tracked, avg coupon 8.08% 2 bonds 2036

Security Type / Instrument Mix

  • NCD 27 bonds · 100% · ₹8,535 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2022: ₹1,035 Cr issued 2022 2023: ₹600 Cr issued 2023 2024: ₹1,100 Cr issued 2024 2026: ₹5,800 Cr issued 2026 Cumulative: ₹1,035 Cr Cumulative: ₹1,635 Cr Cumulative: ₹2,735 Cr Cumulative: ₹8,535 Cr

Based on 27 of 27 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 27 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AA+ — 21
INDIA_RATINGS AA+ — 13

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE813H07341 8.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUE SERIES 12 TRACNHE 12B DATE OF MATURITY 18/01/2027 8.40% AA+ (CRISIL) 2027-01-18 — —
INE813H07382 8.32% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 13 TRANCHE 13B DATE OF MATURITY 28/02/2027 8.32% AA+ (CRISIL) 2027-02-28 — —
INE813H07150 7.25% SECURED RATED LISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES-7C. DATE OF MATURITY 03/03/2027 7.25% AA+ (CRISIL) 2027-03-03 — —
INE813H07192 7.45% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES 8D.DATE OF MATURITY 11/03/2027 7.45% AA+ (CRISIL) 2027-03-11 — —
INE813H07200 7.45% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 9A. DATE OF MATURITY 29/04/2027. 7.45% AA+ (CRISIL) 2027-04-29 — —
INE813H07226 8.30% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 10A. DATE OF MATURITY 02/06/2027. 8.30% AA+ (CRISIL) 2027-06-02 — —
INE813H07333 8.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUE SERIES 12 TRACNHE 12C DATE OF MATURITY 18/01/2028 8.40% AA+ (CRISIL) 2028-01-18 — —
INE813H07374 8.32% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIS 13 TRANCHE 13C DATE OF MATURITY 28/02/2028 8.32% AA+ (CRISIL) 2028-02-28 — —
INE813H07234 8.35% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 10B. DATE OF MATURITY 02/06/2028. 8.35% AA+ (CRISIL) 2028-06-02 — —
INE813H07325 8.40% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUE SERIES 12 TRACNHE 12D DATE OF MATURITY 18/01/2029 8.40% AA+ (CRISIL) 2029-01-18 — —
INE813H07366 8.32% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIS 13 TRANCHE 13D DATE OF MATURITY 28/02/2029 8.32% AA+ (CRISIL) 2029-02-28 — —
INE813H07432 8.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 15 TRANCHE A DATE OF MATURITY 24/06/2029 8.10% AA+ (CRISIL) 2029-06-24 7.79% 2026-07-02
INE813H07242 8.55% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 10C. DATE OF MATURITY 02/06/2031. 8.55% AA+ (CRISIL) 2031-06-02 — —
INE813H07317 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 11 TRACNHE 11A DATE OF MATURITY 07/06/2031 8.50% AA+ (INDIA_RATINGS) 2031-06-07 — —
INE813H07283 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 11 TRANCHE 11D DATE OF MATURITY 07/06/2031 8.50% AA+ (INDIA_RATINGS) 2031-06-07 — —
INE813H07440 8.15% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 15 TRANCHE B DATE OF MATURITY 24/06/2031 8.15% AA+ (CRISIL) 2031-06-24 7.95% 2026-07-09
INE813H07218 8.05% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 9B. DATE OF MATURITY 29/04/2032. 8.05% AA+ (CRISIL) 2032-04-29 — —
INE813H07259 8.65% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 10D. DATE OF MATURITY 02/06/2032. 8.65% AA+ (CRISIL) 2032-06-02 — —
INE813H07275 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 11 TRANCHE 11E DATE OF MATURITY 07/06/2032 8.50% AA+ (INDIA_RATINGS) 2032-06-07 — —
INE813H07309 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 11 TRANCHE 11B DATE OF MATURITY 07/06/2032 8.50% AA+ (INDIA_RATINGS) 2032-06-07 — —
INE813H07291 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 11 TRANCHE 11C DATE OF MATURITY 07/06/2033 8.50% AA+ (INDIA_RATINGS) 2033-06-07 — —
INE813H07267 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 11 TRANCHE 11F DATE OF MATURITY 07/06/2033 8.50% AA+ (INDIA_RATINGS) 2033-06-07 — —
INE813H07465 8.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 15 TRANCHE C DATE OF MATURITY 24/06/2033 8.20% AA+ (CRISIL) 2033-06-24 — —
INE813H07424 7.97% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 14 TRANCHE 14A DATE OF MATURITY 09/03/2034 7.97% AA+ (CRISIL) 2034-03-09 7.95% 2026-07-17
INE813H07408 7.97% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 14 TRANCHE 14B DATE OF MATURITY 09/03/2035 7.97% AA+ (CRISIL) 2035-03-09 7.95% 2026-07-17
INE813H07416 7.97% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 14 TRANCHE 14C DATE OF MATURITY 09/03/2036 7.97% AA+ (CRISIL) 2036-03-09 7.93% 2026-07-29
INE813H07457 8.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 15 TRANCHE D DATE OF MATURITY 24/06/2036 8.20% AA+ (CRISIL) 2036-06-24 — —
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)
1
Avg. Yield (Last 30 Days)
7.93%
06 Regulatory Filings
NSE Corporate Announcements
Analysts/Institutional Investor Meet/Con. Call Updates 2026-08-25
Appointment 2026-08-20
Outcome of Board Meeting 2026-08-20
Resignation 2026-08-20
Resignation of Director/KMP/SMP 2026-08-20
Acquisition 2026-08-19
Analysts/Institutional Investor Meet/Con. Call Updates 2026-08-19
Analysts/Institutional Investor Meet/Con. Call Updates 2026-08-11
Analysts/Institutional Investor Meet/Con. Call Updates 2026-08-06
Analysts/Institutional Investor Meet/Con. Call Updates 2026-08-03
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 34 2026-06-30
Rating Actions History 0 —
Secondary-Market Trades 5 2026-07-29
Reg52(4) Payment Disclosures 0 —

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

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Frequently Asked Questions
How many active bonds does Torrent Power Limited have?

Torrent Power Limited currently has 27 active bonds with coupons 7.25% - 8.65%, maturities spanning 2027 - 2036.

What is Torrent Power Limited's credit rating?

The most recent rating on Torrent Power Limited's bonds is AA+ (CRISIL), published by CRISIL, INDIA_RATINGS.

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 2027-01; the average tenure is 4.2 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.