RightBonds Fixed Income, Simplified

Adani Enterprises

INE423A07328 Corporate AA- Matures Sept 2027

Adani Enterprises is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
8%
Annualised return if held to maturity · 12 Sept 2027
+1.5% vs bank FD
Coupon Rate
9.65%
Paid periodically
Maturity
12 Sept 2027
Principal returned
Tenure
1.0 yr
Remaining
Min. Invest
₹1K
Min. ticket
Return
₹81
Est. pre-tax

How this yield compares

This bondAdani Enterprises
8%
Category avgCorporate
10.3%
Fixed Deposit1.0 yr tenure
6.50%

At 8% YTM, this bond yields about 1.5 percentage points more than a tenure-matched fixed deposit (6.50%) and sits below the Corporate average - reflecting the credit profile of a AA- issuer.

About this bond

Adani Enterprises is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8%. It pays a coupon of 9.65% and matures on 12 Sept 2027, a remaining tenure of about 1.0 yr. It is rated AA-, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1K.

Its 8% yield is solid for its risk band, toward the lower end at 240th of 265 Corporate bonds. That trails the Corporate median of 10.50% by 2.50 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.50%, so this bond adds roughly 1.50 points for taking on credit risk. Its short 1.0 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its very high safety (AA-) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.

Investors comparing this bond often also look at Adani Enterprises (INE423A07450) at 8.25%, Adani Enterprises (INE423A07484) at 8% and IIFL Samasta (INE413U08093) at 11.5%.

About Adani Enterprises

Adani Enterprises Limited is the flagship incubator of the Adani Group, and it is a conglomerate rather than a lender, so the usual NBFC metrics do not apply. On a standalone basis it runs integrated resources management, essentially coal trading, along with mining services. Consolidated, it spans solar cell and module manufacturing, commodities trading, ship bunkering and shipping, and it is incubating airports with eight concessions including Mumbai and Navi Mumbai, roads and highways, water treatment, data centres and the group green hydrogen venture Adani New Industries. Its stated model is to build capital-intensive businesses to maturity and then spin them out, which it has done with ports, power generation and transmission, renewables and city gas distribution. Capital expenditure of about Rs 1.32 lakh crore was planned across FY25 to FY27, concentrated in green energy, airports, roads and PVC manufacturing. Bondholders are lending to a holding company whose cash flows depend on businesses at very different stages of maturity, and on that capex programme being funded as planned.

Rated by CARE. Source: rating rationale. All Adani Enterprises bonds.

Bond details

Credit RatingAA-
CategoryCorporate
Coupon Rate9.65%
Yield to Maturity8%
Maturity Date12 Sept 2027
Listed onWintWealth
Minimum Investment₹1K
Face Value₹1,000
Principal RepaidAt maturity
Return₹81
ISININE423A07328

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 8% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.0 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 8.00% ₹1,08,010
5% slab 7.60% ₹1,07,609
20% slab 6.40% ₹1,06,408
30% slab 5.60% ₹1,05,607

At a 9.65% coupon, ₹1,00,000 of face value pays about ₹9,650 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.

Against a fixed deposit, in rupees

Same ₹1,00,000, same 1.0 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 8%₹1,08,010
Fixed deposit at 6.50%₹1,06,668
Difference+₹1,342

Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the AA- credit risk is the reason for the gap.

When you get paid

Interest lands once a year, in Aug, with about 1 payment still to come before 12 Sept 2027, each at the 9.65% coupon rate.

Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on WintWealth before investing.