Security Name: 9.10% Hinduja Leyland Finance Limited 11 Apr 2031
ISIN: INE146O08373
Taxable
Tax Category
11 Apr, 2031
Maturity Date
(5 Yr 7 Mo 11 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
11 Aug, 2025
Allotment Date
NA
Put Date
11 Aug, 2026
Next Interest Payment Date
15 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
₹NaN
Dirty Price
9.1%
Coupon
Fixed Interest
Coupon Basis
9.1300%
Current Yield
27 Jul, 2026
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Hinduja Leyland Finance Limited
HLF, incorporated in 2008, commenced operations in 2010. It was promoted as a captive financier by the Hinduja group’s flagship automobile manufacturing company, Ashok Leyland. Gradually, HLF ventured into financing of non- Ashok Leyland vehicles, and forayed into the LAP segment in fiscal 2015. Apart from commercial vehicles, the company also funds purchase of two- and three-wheelers, tractors, construction equipment and used CVs. The company has also been buying portfolios over the past two years to diversify its product profile, thereby augmenting net interest margin.
The ratio in FY25 is 10.01x and it was 10.86x in FY24, indicating slight decrease in debt level due to improved asset quality in FY25, with a decrease in both Gross and Net NPA (Non-Performing Assets)
Debt/EBITDA
The ratio in FY25 is 1.20x and it was 1.23x in FY24, indicating slight decrease in debt servicing ability of the issuer due to increase in the interest expenses which led to overall increase in finance cost in FY25.
Interest coverage ratio
Recent News
BackBack Hinduja Group aims for value creation of $35-40 bn in BFSI sector, confident of acquiring Reliance Capital
Mar 26, 2024 | Hinduja Leyland Finance Limited
Crisil upgrades Hinduja Leyland Finance Ltd. rating ahead of its listing
Oct 09, 2024 | Hinduja Leyland Finance Limited
RBI clears merger of Hinduja Leyland Finance with NDL Ventures
Aug 12, 2025 | Hinduja Leyland Finance Limited
Related Videos
Bonds have Options
The in-depth exploration of Bond Options
Bonds vs Debentures
Fixed-Income Faceoff: Bonds vs. Debentures - Which is Right for You?
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
Select the number of units below
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE146O08373 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 9.10% Hinduja Leyland Finance Limited 11 Apr 2031 |
| Credit Rating |
|---|
| AA + /Stable by CARE AA + /Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 9.100000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 11/04/2031 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Aug 29,2025 |
| Principal Amount |
|---|
| ₹99,671 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹99,671 |
| Price |
|---|
| ₹99.671 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
similar bonds
9.15% Adani Enterprises Limited 17 Jul 2028
17 Jul, 2028
Maturity Date
₹1,00,000
Minimum Qty
INE423A07435
ISIN
Yearly
IP Frequency
9.1%
Yield
₹100.0617
Price
9.75% Sammaan Capital Limited 19 Jun 2035
19 Jun, 2035
Maturity Date
₹1,00,000
Minimum Qty
INE148I07WZ0
ISIN
Yearly
IP Frequency
11.57%
Yield
₹89.5256
Price
9.30% Adani Enterprises Limited 17 Jul 2030
17 Jul, 2030
Maturity Date
₹1,00,000
Minimum Qty
INE423A07393
ISIN
Yearly
IP Frequency
9.26%
Yield
₹100.0897
Price
9.50% Sammaan Capital Limited 19 June 2030
19 Jun, 2030
Maturity Date
₹1,00,000
Minimum Qty
INE148I07WY3
ISIN
Yearly
IP Frequency
11.47%
Yield
₹92.912
Price
9.45% Sammaan Capital Limited 19 Jun 2029
19 Jun, 2029
Maturity Date
₹1,00,000
Minimum Qty
INE148I07XB9
