Yield to Maturity (YTM)YTM defines the annual return a bond offers if held to maturity. It assumes all payouts received get reinvested at the same rate until maturity.
YTM is XIRR of bonds.
Principal is returned in bullet instalments
The Principal is returned in bullet instalments for this Bond, so you receive a portion of your invested amount back regularly.
As principal is returned, interest is earned on the outstanding principal.
Bond details
Minimum investment₹1,056.74
Date of maturity12 Jan 2028
ISININE423A07484
Bond typeSenior Secured
Rating
AA-
What does rating mean?
Rating
The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is ICRA.
Calculate your returns
You invest₹00 unit
You get₹0
Interest +₹0
Payout Schedule
Maturing on 12 Jan '28 • Yearly payout
About
Adani Enterprises Limited (AEL), incorporated in 1993, serves as the flagship incubator company of the Adani Group, with the promoter group holding a 73.97% equity stake as of September 30, 2025. On a standalone basis, AEL operates integrated resources management (coal trading) and mining services businesses. On a consolidated basis, its diversified portfolio encompasses solar cell and module manufacturing, green hydrogen ecosystem development via Adani New Industries Limited (ANIL), airport management across an eight-airport network, road development, data centers, primary mining, metals (copper), and commodities trading.;
Pros and Cons
Pros
Cons
AEL has a successful incubation track record of developing and independently listing major group entities, providing high financial flexibility and strong ongoing promoter support.
The airports division and green hydrogen ecosystem (ANIL) demonstrated robust operating performance and expanding profitability, supported by passenger volume growth, tariff revisions, and solar module capacity expansions.
The company maintains a market-leading position in India's thermal coal trading business, backed by long-standing supplier relationships across Indonesia, Australia, and South Africa.
Financial flexibility and liquidity are significantly enhanced by ~Rs. 13,275 crore in net cash receipts from the complete exit of its stake in AWL Agri Business Limited, alongside a Rs. 24,930 crore fully subscribed rights issue
Consolidated external debt to PBILDT leverage steadily improved from 5.85x at the end of FY22 to ~3.43x by the end of FY25.