Akara Capital Advisors Oct '26

Akara Capital Advisors Oct '26

₹3,084.08
YTM
14.60%
Tenure left
2 months
Interest payout
Monthly
Principal payout
Structured

Bond details

Minimum investment₹3,084.08
Date of maturity28 Oct 2026
ISININE08XP07381
Bond typeSenior Secured

Rating

BBB
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Payout Schedule
Maturing on 28 Oct '26 • Monthly payout

About

Akara Capital Advisors Private Limited is a Delhi-based, non-deposit-taking Non-Banking Financial Company (NBFC) that has been registered with the RBI since 2016. The company specializes in providing unsecured, short-term personal loans to salaried individuals via its web and mobile technology platforms.;

Pros and Cons

Pros
Cons
The company maintains a healthy capital base for its current scale, with a consolidated net worth of Rs. 717 crore and a managed gearing of 1.6x as of March 31, 2025.
ACAPL benefits from regular capital infusions from its parent, MTPL, which has infused Rs. 438 crore over the past five years.
The risk is spread across a large customer base of 2.6 million individuals, with a relatively small average ticket size of Rs. 70,000.
The company has a positive asset-liability maturity (ALM) profile, with expected inflows from advances (Rs. 1,240 crore) over the next year comfortably covering debt repayments (Rs. 636 crore).
After reporting losses until FY2023, the Group has achieved profitability, posting a consolidated net profit of Rs. 27 crore in FY2024 and Rs. 25 crore in FY2025.

Other details

Clean price₹3,080.45
Dirty price₹3,084.08
Current yield14.33%
Security cover1.20X of POS
Issue size1.00Cr
Original bond tenure12 months
TrusteeBeacon Trusteeship Ltd
Mode of issueNCD
Listed onNSE
Listing date30 Sep 2025
Coupon rate14.35%

Documents

Rating Rationale
Information Memorandum
Annual Reports
Payouts
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