Taxable
Tax Category
26 Sep, 2029
Maturity Date
(4 Yr 10 Mo 17 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
26 Mar, 2024
Allotment Date
NA
Put Date
30 Nov, 2024
Next Interest Payment Date
6 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
Pune-based EFL is a non-deposit taking NBFC engaged in asset financing since 1990. The company extends loans to MSME for various needs such as working capital, MF and industrial property financing. EFL also finances NBFCs/microfinance institutions and emerging enterprises. The company has a presence in tier 2 and tier 3 cities across 16 states and one union territory through 175 branches.
The ratio in FY24 is 6.24x and it was 8.36x in FY23. It indicates that the company’s debt level has decreased even though there is an increase in borrowings but there is an increase in profit due to which the issuer is able to maintain its profitability.
Debt/EBITDA
The ratio is 1.44x and it was 1.47x in FY23,indicating slight decrease in the debt servicing ability of the issuer due to increase in the interest on borrowings which resulted in increase in the finance cost.
Interest coverage ratio
Mar 27, 2024 | Electronica Finance Limited
Mar 27, 2024 | Electronica Finance Limited
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BOND VALUE DETAILS
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