Grasim Industries has provided a comprehensive update regarding its Non-Convertible Debentures (NCDs) for the fiscal year 2025-26. The announcement details the company’s current debt listings, credit ratings, and interest payment status. With a portfolio of stable AAA-rated instruments, the company confirms all mandatory interest obligations were fulfilled on time, maintaining its commitment to transparency and financial health for its stakeholders.
Overview of NCD Portfolio
Grasim Industries continues to maintain a robust debt profile with several series of Non-Convertible Debentures currently outstanding. The company has listed multiple tranches of NCDs on major stock exchanges, including the BSE and NSE. These instruments vary in value, with face values ranging from ₹1 lakh to ₹1 crore, reflecting a diverse debt structure tailored to institutional and market requirements.
Credit Ratings and Financial Stability
The company’s debt instruments are highly regarded by credit rating agencies, consistently maintaining an AAA/Stable rating from both ICRA and CRISIL. This rating indicates the highest level of safety for timely servicing of debt obligations. Recent rating actions demonstrate that the company’s creditworthiness remains strong, with most existing ratings being reaffirmed throughout the fiscal year.
Interest Payment Performance
Grasim Industries has a consistent track record of servicing its debt obligations. For the FY 2025-26, the company successfully managed interest payments for its major debenture series, including payments of ₹69.90 crore, ₹75 crore, ₹76.30 crore, and ₹144.20 crore for its respective tranches. In instances where the payment date fell on a non-business day, payments were efficiently processed on the next subsequent working day, ensuring uninterrupted compliance.
Future Outlook
While the company has active, listed NCDs, it has reported no redemptions during the 2025-26 period, signaling a stable long-term debt maturity profile. Furthermore, the company reported no instances of default or delay in servicing any debt securities, reinforcing investor confidence in the company’s financial governance and operational liquidity.
Source: BSE
