India Grid Trust
Market cap ₹13,342 Cr
- P/E
- 22.37
- Day range
- —
- 52-week range
- ₹161.01 – ₹180.90
- Volume
- —
- Open
- —
- Prev close
- ₹140.39
Price history
Loading 6M price history…
Latest news
Headlines about India Grid Trust from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- ROE (FY26)
- 7.1%
- ROCE (latest year)
- 8%
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
Bars in ₹ crore (a loss shows red); line is operating margin
- Revenue
- Net profit
- Operating margin
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); line is debt-to-equity
- Equity
- Debt
- Debt / equity
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 716 | 783 | 812 | 835 | 836 | 772 | 874 | 840 | 827 | 862 | 2,240 | 1,087 |
| Expenses | 141 | 79 | 142 | 77 | 77 | 80 | 165 | 144 | 113 | 100 | 1,351 | 216 |
| Operating Profit | 576 | 704 | 671 | 759 | 759 | 692 | 710 | 696 | 714 | 763 | 889 | 870 |
| OPM % | 80% | 90% | 83% | 91% | 91% | 90% | 81% | 83% | 86% | 88% | 40% | 80% |
| Other Income | 4 | 6 | 12 | 38 | 4 | 32 | 46 | 33 | 37 | 46 | 67 | 64 |
| Interest | 321 | 350 | 352 | 377 | 384 | 370 | 363 | 380 | 425 | 407 | 439 | 396 |
| Depreciation | 222 | 262 | 264 | 273 | 276 | 279 | 273 | 275 | 291 | 292 | 287 | 301 |
| Profit before tax | 37 | 97 | 66 | 146 | 103 | 75 | 120 | 74 | 35 | 110 | 230 | 238 |
| Tax % | -6% | 6% | 12% | 6% | 4% | 23% | 2% | -2% | -9% | 9% | 20% | -4% |
| Net Profit | 39 | 92 | 58 | 137 | 99 | 58 | 117 | 75 | 39 | 100 | 185 | 246 |
| EPS in Rs | ₹0.49 | ₹1.14 | ₹0.71 | ₹1.71 | ₹1.22 | ₹0.66 | ₹1.36 | ₹0.87 | ₹0.52 | ₹1.12 | ₹1.91 | ₹2.55 |
From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.
Strengths, risks & growth
India Grid Trust (IndiGrid) is the India's first listed power sector infrastructure investment trust, sponsored by KKR and Sterlite Power. It was established in 2016 to own and operate power transmission and renewable energy assets in India. [1] The Trust primarily acquires operational transmission SPVs (Special Purpose Vehicles) from a Sponsor or from a third party. [2] The entity is not a public/ private company. It is an infrastructure investment trust (InvIT). There are no shareholders of a trust. Rather, there are unit holders who have the right to receive at-least 90% of the Net Distributable Cashflows of the Trust at least once in every six months in each financial year in accordance with the InvIT regulations. Also, a unitholder has no equitable or proprietary interest in the projects of IndiGrid and is not entitled to any share in the transfer of projects or any interest in the projects of IndiGrid. [3]
Strengths
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 94.9%
- Debtor days have improved from 80.1 to 59.7 days.
Risks
- Stock is trading at 2.73 times its book value
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 6.51% over last 3 years.
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- +23%
- 3 Years
- +27%
- TTM
- +51%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- +4%
- 3 Years
- -1%
- TTM
- +68%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- +5%
- 3 Years
- +8%
- 1 Year
- +3%
Return on Equity
- 10 Years
- —
- 5 Years
- +7%
- 3 Years
- +7%
- Last Year
- +7%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 4.50% (-0.87 pp)- Promoters1.1%
- Foreign institutions26.6%
- Mutual funds4.5%
- Insurance13.6%
- Other domestic institutions5.6%
- Retail29.2%
- Others19.3%
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- High
- Entry point
- Avg
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Corporate actions
- dividend₹4.12
Distribution - Rs 4.12 Per Unit Consist Of Rs 2.6909 Per Unit As Interest/ Re 0.0224 Per Unit As Dividend/ Rs 1.4067 Per Unit As Capital Repayment
17 Aug 2026ex-date - dividend₹4.00
Distribution - Rs 4 Per Unit Consist Of Rs 2.5218 Per Unit As Interest/ Re 0.0964 Per Unit As Dividend/ Rs 1.2376 Per Unit As Capital Repayment/ Re 0.1442 Per Unit As Other Income
19 May 2026ex-date - dividend₹4.00
Distribution - Rs 4 Per Unit Consist Of Rs 2.9465 Per Unit As Interest/ Re 0.0074 Per Unit As Dividend/ Rs 1.0143 Per Unit As Capital Repayment/ Re 0.0318 Per Unit As Other Income
17 Feb 2026ex-date - dividend₹4.00
Distribution - Rs 4 Per Unit Consist Of Rs 3.0984 Per Unit As Interest & Re 0.0907 Per Unit As Dividend & Re 0.7465 Per Unit As Capital Repayment & Re 0.0644 Per Unit As Other Income
14 Nov 2025ex-date - dividend₹4.00
Distribution - Rs 4 Per Unit Consisting Of Interest - Rs 1.5989 Per Unit/ Dividend - Rs 0.1670 Per Unit / Capital Repayment - Rs 2.1350 Per Unit / Other Income - Rs 0.0991 Per Unit
29 Jul 2025ex-date - dividend₹4.10
Distribution - Rs 4.10 Per Unit Consisting Of Dividend Rs 0.1419 Per Unit/ Interest Rs 2.6287 Per Unit/Capital Repayment Rs 1.2711/Other Income Rs 0.0583
20 May 2025ex-date - dividend₹3.75
Distribution - Rs 3.75 Per Unit Consisting Of Dividend Re 0.1284 Per Unit/ Interest Rs 2.7533 Per Unit/Capital Repayment Re 0.8188/Other Income Re 0.0495
28 Jan 2025ex-date - dividend₹3.75
Distribution - Rs 3.75 Per Unit Consisting Of Dividend Re 0.11357 Per Unit/ Interest Rs 3.61763 Per Unit/Other Income Re 0.01880
30 Oct 2024ex-date - dividend₹3.75
Distribution - Rs 3.75 Per Unit Consisting Of Dividend Re 0.2082 Per Unit/ Interest Rs 3.1954 Per Unit/Capital Repayment Re 0.3464
30 Jul 2024ex-date - dividend₹3.55
Distribution - Rs 3.55 Per Unit Consisting Of Interest Rs 2.7361 Per Unit/ Dividend Re 0.8139 Per Unit
30 May 2024ex-date - otherNot available — not reported in this filing
Distribution - Rs 3.55 Per Unit Consisting Interest - Rs 2.9510 Per Unit/ Capital Repayment - Re 0.5621 Per Unit/ Other Income - Re 0.0369 Per Unit
31 Jan 2024ex-date - otherNot available — not reported in this filing
Distribution - Rs 3.55 Comprising Of Rs 2.8961 Per Unit In The Form Of Interest & Re 0.6341 Per Unit Of Principal Payment & Re 0.0198 Per Unit In The Form Of Other Income
9 Nov 2023ex-date - dividend₹3.45
Distribution- Rs 3.45 Comprising Interest Payment- Rs 3.1759 Per Unit / Dividend - Re 0.0611 Per Unit/ Principal Payment- Re 0.2010 Per Unit/ Other Income - Re 0.0120 Per Unit
3 Aug 2023ex-date - dividend₹3.45
Distribution- Rs 3.45 Comprising Interest Payment- Rs 2.5344 Per Unit / Dividend - Re 0.2848 Per Unit/ Principal Payment- Re 0.5853 Per Unit/ Other Income - Re 0.0455 Per Unit
18 May 2023ex-date - otherNot available — not reported in this filing
Distribution- Rs 3.30 Comprising Interest Payment- Rs 2.8042 Per Unit / Principal Payment- Rs 0.4958 Per Unit
31 Jan 2023ex-date - otherNot available — not reported in this filing
Distribution- Rs 3.30 Comprising Interst Payment- Rs 3.1137 Per Unit / Principal Payment- Rs 0.18630 Per Unit
15 Nov 2022ex-date - otherNot available — not reported in this filing
Nterest Amount- Rs 3.0556/Return Of Capital- Rs 0.2444
29 Jul 2022ex-date - otherNot available — not reported in this filing
Distribution - Rs 3.1875 Per Unit Comprising Interest Amount- Rs 2.5508/Return Of Capital- Rs 0.6367
25 May 2022ex-date - otherNot available — not reported in this filing
Interest Amount - Rs 2.66 Per Unit / Return On Capital - Rs 0.52 Per Unit
1 Feb 2022ex-date - dividend₹0.05
Dividend - Rs 0.049 Per Unit/Interest Amount - Rs 1.862 Per Uint/ Return On Capital - Rs 1.275 Per Unit
1 Nov 2021ex-date - dividend₹0.15
Dividend - Rs 0.15 Per Unit/Interest Rs - 3.04 Per Unit
4 Aug 2021ex-date
Company announcements
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Credit rating Review on 12/08/2026
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Record date for purpose of distribution for the 3 FY 2026-27 is 17/08/2026
Submission of Security Cover as per Regulation 54 of the SEBI (LODR) Regulations, 2015 for the quarter ended on June 30, 2026
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Filed with BSE (scrip 540565); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlides
- May 2026TranscriptSlidesRecording
- Feb 2026Transcript
- Jan 2026Slides
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlides
Credit ratings
- Rating update · 12 Aug from icra
- Rating update · 12 Aug from crisil
- Rating update · 5 Jun from crisil
- Rating update · 27 May from icra
- Rating update · 22 Dec 2025 from crisil
- Rating update · 17 Jul 2025 from crisil
Documents open at BSE or the rating agency that issued them.
