ECL Finance Limited Coupon 9.85% | NBFC Corporate Bond

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Returns (YTM)

10.03%

Min. Investment

₹ 3,04,026.15

Remaining Tenure

2Y 9M 27Days

Payment Terms

Yearly

Highlights

Credit Rating

CRISIL A+/STABLE

Seniority

SENIOR

Security

Secured

Default History

Zero

Company Financials

Revenue

PAT

Debt

Net Worth

Important disclaimer

Ratio Analysis

40.68

Capital Adequacy Ratio

Good

Benchmark: Minimum 14%

2.81

Debt to Equity Ratio

Good

Benchmark: Maximum 12 times

0.27

Operating Cash Flow to Debt Ratio

Good

Benchmark: Higher the ratio better it is.

1.16

Interest Coverage Ratio

Risky

Benchmark: Minimum 2

Important disclaimer

About Issuer

ECL Finance Limited

ECL Finance Limited is a part of the Edelweiss Group and operates as a systemically important non-deposit-taking NBFC. The company focuses on providing a diverse range of financing solutions, catering to both corporate and individual clients. Built on the Edelweiss philosophy of innovation and customer-centricity, ECL Finance plays a key role in supporting businesses and retail borrowers with structured financial products. It stands as a trusted partner for those seeking long-term value and stability in financial services.

Total Annual Revenue

1273.75 Cr (FY-2024)

Year of Inception

2005

Industry

NBFC Corporate

Head Office

MUMBAI

Type of Issuer

Corporate

Current MD/CEO

Mr. Ajay Khurana

Credit Rating / Outlook

A+ STABLE

CRISIL

Rating Rationale

Rating Date: 02-Dec-2024

A+ STABLE

ICRA

Rating Rationale

Rating Date: 24-Dec-2024

Credit rating by different rating agencies indicates the bond issuer’s ability to repay its debt obligations. A bond can be rated by one or more SEBI registered credit rating agencies e.g. CRISIL, CARE, ICRA, IND, BWR, ACUITE, INFOMERICS.
Bonds/NCDs with A credit rating are considered to have an adequate degree of safety regarding timely servicing of debt obligations. Such Bonds/NCDs carry low credit risk.
Stable Outlook suggests that the rating is unlikely to change significantly in the near to medium term, indicating a stable credit profile of the issuer.

Other Important Details & Disclosures

Issuer Name

ECL Finance Limited

Security Name

9.85% ECL Finance Limited Secured Rated Listed NCD Maturity 6-Aug-2028

ISIN

Copy

INE804I079Y6

Face Value

₹ 1,000

Coupon Rate

9.85%

Coupon Type

FIXED

Payment Terms

Yearly

Maturity Date

6-Aug-2028

Clean Price

₹ 99.48

Dirty Price

₹ 101.34

Current Yield

9.9015%

Yield to Maturity

10.0316%

Mode of Issue

Public Placement

Date of Issue

6-Aug-2018

Listed

Yes

Instrument Type

Taxable

Security

Secured

Seniority

SENIOR

Perpetual

Trustee Details

Beacon Trusteeship Ltd

4 C and D, Siddhivinayak Chambers, Opp. MIG Cricket Club,Gandhi Nagar, Bandra (East) 400005

Registrar Details

Link Intime India Private Limited,Mumbai

C-13, Pannalal Silk Mills Compound LBS Marg Bhandup (W)Mumbai 400 078

Looking For More Information ?

Download Prospectus

Taxation

10%

TDS on Interest Income*

*Given TDS is indicative and fully claimable while filing ITR. The interest income from this bond will be taxable and will appear in the additional source of income in your ITR. Please consult your tax advisor for precise taxation details
As a listed bond, it is subject to capital gains tax based on the holding period. A holding period of less than 1 year qualifies as short-term, while more than 1 year qualifies as long-term.
You can submit your Form 15G/15H to the registrar and debenture trustee of the bond to avoid the TDS deduction. Download Form

Registrar details: Link Intime India Private Limited,Mumbai C-13, Pannalal Silk Mills Compound LBS Marg Bhandup (W)Mumbai 400 078

Units

Investment Amount

₹ 3,04,026.15

Total Returns

₹ 84,623.85

Total Receivable

₹ 3,88,650

Cashflow Timeline

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FAQs about ECL Finance Limited bonds

How to buy this ECL Finance Limited bond online?

You can invest in bonds online in under 5 minutes. To buy ECL Finance Limited bond online follow the steps below:

Login/signup at GoldenPi
Upload your documents online to complete the KYC
Pay online via payment gateway and receive bond units in your demat account

What is the yield of this ECL Finance Limited bond?

10.0316% is the current yield of this ECL Finance Limited bond. A bond’s current yield indicates the annual return based on its current market price and annual coupon payment.
In addition to current yield, the yield to maturity (YTM) of this ECL Finance Limited bond is 10.0316%, which indicates the total expected return if the bond is held till the maturity date. It is calculated using the XIRR method considering current price, face value, coupon payments, and time to maturity.

Is it safe to invest in bonds?

Investing in bonds is relatively a safer option but it depends on factors like:

The creditworthiness of the issuer indicated by the credit rating
The debt quality of the bond indicated by its seniority and security
Your investment goals and risk appetite

If you are an existing bond investor and want to sell your bond holdings before maturity, you can do so through the secondary market. This can be done either through exchanges such as BSE or NSE, or you can also request a quote from your relationship manager at GoldenPi.

How to redeem this ECL Finance Limited bond?

To redeem this ECL Finance Limited bond, bond, kindly first check its redemption value and redemption schedule. This can be found by downloading the cash flow from the “Calculate Your Returns” section of this page or by contacting the support team at GoldenPi.
Once you buy this bond, the units would be reflected in your demat account.
Upon maturity, the bond units held in your demat account will be automatically debited on the maturity date, and if the maturity date falls on a bank holiday, the redemption amount will be paid out on the next working day.
The funds will be credited to the bank account linked to your demat account. The process of redeeming this ECL Finance Limited bond is generally simple and straightforward. Contact our support team for more information.

Is this ECL Finance Limited bond tax-free?

No, this ECL Finance Limited bond is not tax free. The interest income received from these bonds will be treated as “income from other sources” in the ITR and the tax will be calculated as per your income tax slab.

To know more about taxation in detail please read this article: https://goldenpi.com/blogessentials/bond-market/taxation-on-gains-from-bond-investments/

Can I sell this ECL Finance Limited bond before the maturity date?

Yes, it is possible to sell this ECL Finance Limited bond before maturity. However, as the sale process happens in the secondary market, the price can be determined by a variety of factors, including interest rates, credit ratings, company performance, and market demand.

To know more about the sale process, contact us at https://goldenpi.com/contact-us

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Talk to our Support Team for free. We will help you through your investment journey.

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The information shown on the website should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products/services of GSPL or any product/services of its third-party client(s). The user should act and rely on the information/data shown on the website only after understanding all associated risk parameters. Any action/decision taken by the user on the basis of the information shown on this website shall be the sole responsibility of the user. Neither GSPL nor its directors, employees, associates, representatives, or agents shall be liable for any damages whether direct, indirect, special, or consequential including lost revenue or lost profits that may arise to the user from or in connection with the use of the information/data shown on this website.

We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker.

We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services.

Fixed Deposits are offered in the capacity of a distributor and all disputes with respect to distribution activity, would not have access to exchange investor redressal forum or arbitration mechanism.

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Cashflow Timeline

Timeline	Total Receivable*	Net Receivable**
06 Aug , 2026	Interest ₹ 29,550	Interest ₹ 26,595
06 Aug , 2027	Interest ₹ 29,550	Interest ₹ 26,595
06 Aug , 2028	Interest ₹ 29,550 + ₹ 3,00,000 (100% of Principal)	Interest ₹ 26,595 + ₹ 3,00,000 (100% of Principal)

* The interest amount is paid as per total invested face value (₹ 1000) and annual coupon rate of 9.85%.

** The net interest receivable is after 10% TDS for Indian Residents. However for NRI 30% TDS is deducted. The deducted TDS can be claimed while filing ITR.

Highlights

Company Financials

Ratio Analysis

About Issuer

ECL Finance Limited

Credit Rating / Outlook

Other Important Details & Disclosures

Taxation

How to buy this ECL Finance Limited bond online?

What is the yield of this ECL Finance Limited bond?

Is it safe to invest in bonds?

How to redeem this ECL Finance Limited bond?

Is this ECL Finance Limited bond tax-free?

Can I sell this ECL Finance Limited bond before the maturity date?

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Note to Investors

Filling complaints on SMARTODR & SCORES - Easy & Quick

Cashflow Timeline