Bond Directory / HINDUJA LEYLAND FINANCE LIMITED

HINDUJA LEYLAND FINANCE LIMITED

DELETED

11.10% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 001-1800. DATE OF MATURITY 08/04/2022

ISIN

INE146O08092

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Essentials

Coupon Rate (Returns)

11.1%

Rating

WITHDRAWN  CARE Ratings Limited

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-3 years -3 months

Apr 08, 2022

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

180 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LIMITED

Issue

Private Placement

Issuer Details

HINDUJA LEYLAND FINANCE LIMITED

Business Sector

Non-Banking Financial Company (NBFC)

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

Issue Size

Large

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

Factors

Issue Size

Large

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Simple

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

Know this Issuer

It's essential to understand the issuer of the bonds where you're investing your money.

Hinduja Leyland Finance Limited

Hinduja Leyland Finance Limited (HLFL) is conglomerate of Hinduja Group. The group has a presence in various industries, including automotive, banking and finance, Information Technology (IT)/Information Technology-enabled services (ITES), and energy and chemicals.

Financial Performance

Particulars FY24 (₹ in cr) FY23 (₹ in cr)
GNPA% 4.27 4.87
NNPA% 2.7 3.34
REVENUE 3452 2755
NET WORTH 5726 5133
AUM 49235 36906
PAT 340 276
CRAR% 17.26 18.56

Strong parentage and benefits derived from being part of Hinduja group

Experienced promoters and senior management team

Established credit appraisal, risk monitoring, and collection

Diversified funding profile, however, bank funding remains a major source in recent years

Adequate capitalisation levels

Diversified product portfolio along with geographical diversification

Moderate asset quality

Moderate profitability levels

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

WITHDRAWN

(-)

-

Credit Outlook

Not Applicable

Not Applicable

Rating Watch

No Watch

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Subordinate Tier 2-Lower

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

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How do I buy this bond?

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