View Financial HealthIndigrid Infrastructure Trust 配当と自社株買い配当金 基準チェック /26Indigrid Infrastructure Trustは配当を支払う会社で、現在の利回りは9.44%です。次の支払い日は 26th May, 2026で、権利落ち日は19th May, 2026 。主要情報9.4%配当利回り-12.0%バイバック利回り総株主利回り-2.6%将来の配当利回り9.4%配当成長3.8%次回配当支払日26 May 26配当落ち日19 May 26一株当たり配当金n/a配当性向279%最近の配当と自社株買いの更新Declared Dividend • Jul 26Fourth quarter dividend of ₹4.00 announcedShareholders will receive a dividend of ₹4.00. Ex-date: 29th July 2025 Payment date: 5th August 2025 Dividend yield will be 9.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (311% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 5.1% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 246% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend.Declared Dividend • May 17Third quarter dividend of ₹4.10 announcedShareholders will receive a dividend of ₹4.10. Ex-date: 20th May 2025 Payment date: 27th May 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 284% to bring the payout ratio under control. However, EPS has declined by 15% over the last 5 years so the company would need to reverse this trend.Declared Dividend • Jan 25Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 28th January 2025 Payment date: 4th February 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.Declared Dividend • Oct 27Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 30th October 2024 Payment date: 9th November 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.Declared Dividend • May 27Fourth quarter dividend of ₹3.55 announcedShareholders will receive a dividend of ₹3.55. Ex-date: 30th May 2024 Payment date: 8th June 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 3.7% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 204% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • May 26India Grid Trust Declares Fourth Quarter of Fiscal Year 2024 Distribution, Payable on or Before June 8, 2024IndiGrid Investment Managers Limited announced that Board of Directors of IndiGrid Investment Managers Limited acting in the capacity of Investment Manager to India Grid Trust in its meeting held on May 24, 2024 approved declaration of fourth quarter of fiscal year 2024 distribution of INR 3.55 per unit comprising INR 2.7361 per unit in the form of Interest, INR 0.8139 per unit in the form of Dividend (wherein INR 0.7884 is taxable, and INR 0.0255 is non-taxable). The record date for this distribution will be May 30, 2024, and payment will be made on or before June 8, 2024.すべての更新を表示Recent updatesReported Earnings • May 16Full year 2026 earnings released: EPS: ₹4.57 (vs ₹4.93 in FY 2025)Full year 2026 results: EPS: ₹4.57 (down from ₹4.93 in FY 2025). Revenue: ₹49.5b (up 45% from FY 2025). Net income: ₹3.94b (down 1.0% from FY 2025). Profit margin: 8.0% (down from 12% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • May 07Indigrid Infrastructure Trust to Report Q4, 2026 Results on May 14, 2026Indigrid Infrastructure Trust announced that they will report Q4, 2026 results on May 14, 2026お知らせ • Mar 25Indigrid Infrastructure Trust (BSE:540565) acquired a majority stake in Gujarat Bess Private Limited from British International Investment plc and Norfund for an enterprise value of INR 5.7 billion.Indigrid Infrastructure Trust (BSE:540565) acquired a majority stake in Gujarat Bess Private Limited from British International Investment plc and Norfund for an enterprise value of INR 5.7 billion on March 25, 2026. The project is setup under Build Own Operate model and shall have an annual revenue of over INR 970 million with a concession tenure of 12 years. Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of majority stake in Gujarat Bess Private Limited from British International Investment plc and Norfund for an enterprise value of INR 5.7 billion on March 25, 2026.お知らせ • Mar 12Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS.Indigrid Infrastructure Trust (BSE:540565) entered into Share Purchase Agreement to acquire Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS for an enterprise value of INR 3.7 billion on December 2, 2025. A cash consideration will be paid by Indigrid Infrastructure Trust. The deal is for an enterprise vale of INR 3.7 billion excluding any net working capital and cash adjustments. Additionally, there will be an earn-out related to Change-In-Law availability and other bilateral billing related aspects, to be paid to the buyers if and when the payment is realized. Upon completion of the transaction, IndiGrid will acquire full shareholding and management control. The acquisition will be funded through a combination of equity, internal accruals, and debt. The transaction is subject to governmental, regulatory or any other approvals as may be required. Vaibhav Choukse, Upendra Nath Sharma, Bharat Bhushan Sharma, Poonam Verma Sengupta, Vishnu Sudarsan, Shashank Vikram Singh and Kartikeya GS of J. Sagar Associates acted as legal advisor to Indigrid Infrastructure. Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS on March 10, 2026. The governmental, regulatory or any other approvals, as required, are obtained for the aforesaid acquisition in line with the terms of Transmission Service Agreement (“TSA”) and Definitive Agreement.お知らせ • Mar 05SEIT, IndiGrid, Anzen Reportedly in Talks to Acquire Actis' Renewables ArmSeveral private investors and trusts are in separate discussions to acquire Athena Renewable Energy (Athena Renewable Energy India Private Limited), the Indian renewable energy platform owned by UK-based private equity firm Actis (Actis LLP), multiple people aware of the development. The interested bidders include SEIT (Sustainable Energy Infra Trust Fund (NSEI:SEITINVIT)), the energy InvIT sponsored by Mahindra Susten; IndiGrid (Indigrid Infrastructure Trust (BSE:540565)), backed by KKR; and Anzen InvIT (Anzen India Energy Yield Plus Trust (NSEI:ANZEN)), sponsored by Sekura Energy, which is owned by Edelweiss. The investors have submitted binding bids after completing due diligence, said the sources cited above. The proposed transaction could value Athena at an enterprise value of around INR 23,000 million - INR 25,000 million. The platform currently operates about 550 MW of renewable energy capacity. ET had first reported in January that Actis had put Athena on the block and appointed Kotak Mahindra Capital to manage the sale process. As part of the outreach, Actis had sounded out a select set of potential buyers including Hexa Climate Solutions, IndiGrid, Ontario Teachers' Pension Fund, Sekura Energy and Jindal Renewables. Emails sent to Actis, Mahindra Susten, Sekura Energy and IndiGrid remained unanswered until the publication of this report.お知らせ • Feb 04Indigrid Infrastructure Trust to Report Q3, 2026 Results on Feb 12, 2026Indigrid Infrastructure Trust announced that they will report Q3, 2026 results on Feb 12, 2026分析記事 • Jan 27Weak Statutory Earnings May Not Tell The Whole Story For Indigrid Infrastructure Trust (NSE:INDIGRID)Indigrid Infrastructure Trust's ( NSE:INDIGRID ) recent weak earnings report didn't cause a big stock movement. We...Reported Earnings • Jan 21Second quarter 2026 earnings released: EPS: ₹0.52 (vs ₹1.22 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.52 (down from ₹1.22 in 2Q 2025). Revenue: ₹8.72b (up 4.3% from 2Q 2025). Net income: ₹431.3m (down 55% from 2Q 2025). Profit margin: 4.9% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jan 20Now 20% overvaluedOver the last 90 days, the stock has fallen 4.3% to ₹165. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 12%.お知らせ • Jan 20Indigrid Infrastructure Trust has filed a Follow-on Equity Offering.Indigrid Infrastructure Trust has filed a Follow-on Equity Offering. Security Name: Units Security Type: Common Stock Price(minimum): INR 167.42 Security Features: Income Trust Transaction Features: Regulation S; Subsequent Direct ListingBuy Or Sell Opportunity • Dec 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.2% to ₹169. The fair value is estimated to be ₹141, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 12%.お知らせ • Dec 03Indigrid Infrastructure Trust (BSE:540565) entered into Share Purchase Agreement to acquire Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS.Indigrid Infrastructure Trust (BSE:540565) entered into Share Purchase Agreement to acquire Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS for an enterprise value of INR 3.7 billion on December 2, 2025. A cash consideration will be paid by Indigrid Infrastructure Trust. The deal is for an enterprise vale of INR 3.7 billion excluding any net working capital and cash adjustments. Additionally, there will be an earn-out related to Change-In-Law availability and other bilateral billing related aspects, to be paid to the buyers if and when the payment is realized. Upon completion of the transaction, IndiGrid will acquire full shareholding and management control. The acquisition will be funded through a combination of equity, internal accruals, and debt. The transaction is subject to governmental, regulatory or any other approvals as may be required.お知らせ • Nov 12Indigrid Infrastructure Trust announced that it has received INR 4.379999881 billion in funding from a group of investorsOn November 11, 2025, Indigrid Infrastructure Trust closed the transaction. The company issued 25,952,479 shares at a price of INR 168.77 per share for aggregate gross proceeds of INR 4,379,999,880.83.お知らせ • Nov 04Indigrid Infrastructure Trust to Report First Half, 2026 Results on Nov 11, 2025Indigrid Infrastructure Trust announced that they will report first half, 2026 results on Nov 11, 2025Declared Dividend • Jul 26Fourth quarter dividend of ₹4.00 announcedShareholders will receive a dividend of ₹4.00. Ex-date: 29th July 2025 Payment date: 5th August 2025 Dividend yield will be 9.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (311% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 5.1% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 246% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend.お知らせ • Jul 17Indigrid Infrastructure Trust to Report Q1, 2026 Results on Jul 24, 2025Indigrid Infrastructure Trust announced that they will report Q1, 2026 results on Jul 24, 2025分析記事 • Jul 06Indigrid Infrastructure Trust's (NSE:INDIGRID) Solid Profits Have Weak FundamentalsIndigrid Infrastructure Trust's ( NSE:INDIGRID ) robust earnings report didn't manage to move the market for its stock...New Risk • Jul 01New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 311% Dividend yield: 11% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (311% payout ratio).Reported Earnings • Jul 01Full year 2025 earnings released: EPS: ₹4.93 (vs ₹3.89 in FY 2024)Full year 2025 results: EPS: ₹4.93 (up from ₹3.89 in FY 2024). Revenue: ₹34.1b (up 15% from FY 2024). Net income: ₹3.98b (up 40% from FY 2024). Profit margin: 12% (up from 9.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Jun 30Indigrid Infrastructure Trust, Annual General Meeting, Jul 24, 2025Indigrid Infrastructure Trust, Annual General Meeting, Jul 24, 2025, at 11:00 Indian Standard Time.お知らせ • Jun 25Indigrid Infrastructure Trust (BSE:540565) acquired Koppal-Narendra Transmission Limited from ReNew Solar Power Private Limited and Kni India for an enterprise value not exceeding INR 7.5 billion.Indigrid Infrastructure Trust (BSE:540565) agreed to acquire Koppal-Narendra Transmission Limited from ReNew Solar Power Private Limited and Kni India for an enterprise value not exceeding INR 7.5 billion on June 6, 2025. The mode of consideration is cash. Additionally, there will be an earn-out related to Change-In-Law. Koppal Narendra Transmission is jointly owned by ReNew Solar Power Private Limited (51%) and KNI India (49%), a joint venture between Norfund and KLP. This acquisition will be funded through a combination of equity, internal accruals, and debt. The completion of acquisition would depend upon receipt of relevant regulatory, contractual approvals and lender approvals, and completion of customary condition precedents, as agreed in the definitive agreements signed between parties. Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of Koppal-Narendra Transmission Limited from ReNew Solar Power Private Limited and Kni India on June 24, 2025.お知らせ • Jun 09Indigrid Infrastructure Trust (BSE:540565) agreed to acquire Renew Surya Aayan Private Limited from ReNew Solar Power Private Limited in a transaction valued at INR 14.3 billion.Indigrid Infrastructure Trust (BSE:540565) agreed to acquire Renew Surya Aayan Private Limited from ReNew Solar Power Private Limited in a transaction valued at INR 14.3 billion on June 6, 2025. This acquisition will be funded through a combination of equity, internal accruals, and debt. For the period ending March 31, 2025, Renew Surya Aayan Private Limited reported total revenue of INR 1.63 billion. The transaction is subject to approval by regulatory board / committee and approval/consents of lenders/creditors.Reported Earnings • May 18Full year 2025 earnings released: EPS: ₹4.93 (vs ₹3.89 in FY 2024)Full year 2025 results: EPS: ₹4.93 (up from ₹3.89 in FY 2024). Revenue: ₹34.4b (up 16% from FY 2024). Net income: ₹3.98b (up 40% from FY 2024). Profit margin: 12% (up from 9.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Declared Dividend • May 17Third quarter dividend of ₹4.10 announcedShareholders will receive a dividend of ₹4.10. Ex-date: 20th May 2025 Payment date: 27th May 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 284% to bring the payout ratio under control. However, EPS has declined by 15% over the last 5 years so the company would need to reverse this trend.お知らせ • May 10Indigrid Infrastructure Trust to Report Fiscal Year 2025 Results on May 15, 2025Indigrid Infrastructure Trust announced that they will report fiscal year 2025 results on May 15, 2025Reported Earnings • Jan 27Third quarter 2025 earnings released: EPS: ₹0.66 (vs ₹1.20 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.66 (down from ₹1.20 in 3Q 2024). Revenue: ₹8.04b (up 2.7% from 3Q 2024). Net income: ₹547.2m (down 39% from 3Q 2024). Profit margin: 6.8% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.Declared Dividend • Jan 25Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 28th January 2025 Payment date: 4th February 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.お知らせ • Jan 16India Grid Trust to Report Q3, 2025 Results on Jan 23, 2025India Grid Trust announced that they will report Q3, 2025 results on Jan 23, 2025Reported Earnings • Oct 27Second quarter 2025 earnings released: EPS: ₹1.22 (vs ₹0.51 in 2Q 2024)Second quarter 2025 results: EPS: ₹1.22 (up from ₹0.51 in 2Q 2024). Revenue: ₹8.36b (up 17% from 2Q 2024). Net income: ₹956.3m (up 166% from 2Q 2024). Profit margin: 11% (up from 5.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.Declared Dividend • Oct 27Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 30th October 2024 Payment date: 9th November 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.お知らせ • Oct 15India Grid Trust to Report Q2, 2025 Results on Oct 25, 2024India Grid Trust announced that they will report Q2, 2025 results on Oct 25, 2024New Risk • Aug 29New major risk - Revenue and earnings growthEarnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (9.9% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).お知らせ • Aug 22KKR Affiliate to Sell 17% Stake in India Grid TrustU.S. private equity firm KKR's affiliate, Esoteric II Pte. Ltd., will sell a 17.3% stake in India Grid Trust (BSE:540565) for $213.6 million, the Indian investment firm said on August 21, 2024. The sale involves 135.8 million IndiGrid shares at an offer price of INR 132 each. The offer comprises a base offer of 9.66% stake with an oversubscription option of 7.66%. Esoteric, a sponsor of IndiGrid, is also a majority unitholder of IndiGrid Investment Managers, holding a 74% stake. The latter is responsible for IndiGrid's operations, including cash flows, acquisitions, and divestments. The share sale is scheduled for August 22 and 23, with Axis Capital, Ambit Capital, and SBICAP Securities appointed as selling brokers.Reported Earnings • Jul 26First quarter 2025 earnings released: EPS: ₹1.71 (vs ₹1.49 in 1Q 2024)First quarter 2025 results: EPS: ₹1.71 (up from ₹1.49 in 1Q 2024). Revenue: ₹8.73b (up 34% from 1Q 2024). Net income: ₹1.34b (up 29% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in India are expected to grow by 10%. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.お知らせ • Jul 16India Grid Trust to Report Q1, 2025 Results on Jul 24, 2024India Grid Trust announced that they will report Q1, 2025 results on Jul 24, 2024お知らせ • Jun 29India Grid Trust, Annual General Meeting, Jul 24, 2024India Grid Trust, Annual General Meeting, Jul 24, 2024, at 11:00 Indian Standard Time.Declared Dividend • May 27Fourth quarter dividend of ₹3.55 announcedShareholders will receive a dividend of ₹3.55. Ex-date: 30th May 2024 Payment date: 8th June 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 3.7% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 204% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • May 26India Grid Trust Declares Fourth Quarter of Fiscal Year 2024 Distribution, Payable on or Before June 8, 2024IndiGrid Investment Managers Limited announced that Board of Directors of IndiGrid Investment Managers Limited acting in the capacity of Investment Manager to India Grid Trust in its meeting held on May 24, 2024 approved declaration of fourth quarter of fiscal year 2024 distribution of INR 3.55 per unit comprising INR 2.7361 per unit in the form of Interest, INR 0.8139 per unit in the form of Dividend (wherein INR 0.7884 is taxable, and INR 0.0255 is non-taxable). The record date for this distribution will be May 30, 2024, and payment will be made on or before June 8, 2024.お知らせ • May 19India Grid Trust to Report Q4, 2024 Results on May 24, 2024India Grid Trust announced that they will report Q4, 2024 results on May 24, 2024Declared Dividend • Jan 27Dividend of ₹3.55 announcedShareholders will receive a dividend of ₹3.55. Ex-date: 31st January 2024 Payment date: 9th February 2024 Dividend yield will be 10%, which is higher than the industry average of 3.0%. Sustainability & Growth The dividend has increased by an average of 4.3% per year over the past 6 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 173% to bring the payout ratio under control. EPS is expected to grow by 13% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Jan 26India Grid Trust Approves Distribution of Third Quarter of 2024, Payable on or Before February 09, 2024India Grid Trust approved Third Quarter FY24 distribution of INR 3.55 per unit comprising INR 2.9510 per unit in the form of Interest and INR 0.5621 per unit in the form of Capital repayment and INR 0.0369 in the form of Other Income. The record date for this distribution will be January 31, 2024, and payment will be made on or before February 09, 2024.お知らせ • Jan 19India Grid Trust to Report Q3, 2024 Results on Jan 25, 2024India Grid Trust announced that they will report Q3, 2024 results on Jan 25, 2024お知らせ • Jan 09India Grid Trust (BSE:540565) agreed to acquire Renew Solar Urja Private Limited from ReNew Energy Global Plc (NasdaqGS:RNW) for $90 million.India Grid Trust (BSE:540565) agreed to acquire Renew Solar Urja Private Limited from ReNew Energy Global Plc (NasdaqGS:RNW) for $90 million on January 8, 2024. The transaction is for a total enterprise value of $199 million. Approximately $8 million is expected to be additionally received as an earn-out on account of change-in-law proceeds, after the first payment is realized by Renew Solar Urja. The transaction is expected to close in accordance with PPA conditions.New Risk • Dec 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 245% Cash payout ratio: 423% Minor Risk Shareholders have been diluted in the past year (7.5% increase in shares outstanding).お知らせ • Dec 06India Grid Trust to Report First Half, 2024 Results on Dec 05, 2023India Grid Trust announced that they will report first half, 2024 results on Dec 05, 2023Reported Earnings • Nov 14Second quarter 2024 earnings released: EPS: ₹0.51 (vs ₹1.75 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.51 (down from ₹1.75 in 2Q 2023). Revenue: ₹7.20b (up 18% from 2Q 2023). Net income: ₹360.1m (down 71% from 2Q 2023). Profit margin: 5.0% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in India are expected to grow by 7.0%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Oct 28India Grid Trust to Report Q2, 2024 Results on Nov 03, 2023India Grid Trust announced that they will report Q2, 2024 results on Nov 03, 2023New Risk • Jul 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 197% Cash payout ratio: 382% Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future.Reported Earnings • Jul 30First quarter 2024 earnings released: EPS: ₹1.49 (vs ₹1.16 in 1Q 2023)First quarter 2024 results: EPS: ₹1.49 (up from ₹1.16 in 1Q 2023). Revenue: ₹6.53b (up 14% from 1Q 2023). Net income: ₹1.04b (up 29% from 1Q 2023). Profit margin: 16% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.7% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in India are expected to grow by 4.0%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Jul 29India Grid Trust Declares Dividend for the Fourth Quarter of Fiscal Year 2024, Payable on Before August 12, 2023India Grid Trust at its board meeting held on July 28, 2023 declared distribution of INR 3.45 per unit comprising INR 3.1759 per unit in the form of Interest, INR 0.0611 per unit in the form of Dividend, INR 0.2010 per unit in the form of Principal payment and INR 0.0120 in the form of Other Income for the first quarter of fiscal year 2024. The record date for this distribution will be August 3, 2023, and payment will be made on or before August 12, 2023.お知らせ • Jul 24India Grid Trust to Report Q1, 2024 Results on Jul 28, 2023India Grid Trust announced that they will report Q1, 2024 results on Jul 28, 2023New Risk • Jul 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 205% Cash payout ratio: 382% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 205% Cash payout ratio: 382%お知らせ • Jun 30India Grid Trust, Annual General Meeting, Jul 28, 2023India Grid Trust, Annual General Meeting, Jul 28, 2023, at 11:00 Indian Standard Time. Agenda: To consider and adopt audited standalone financial statements and audited consolidated financial statements of indigrid as at and for the financial year ended on march 31, 2023; to consider approve and adopt valuation report issued by mr. pradhan dass, valuer for the valuation of the invit assets as on march 31, 2023; to consider and appoint mr. manish gadia, chartered accountant, bearing ibbi registration number ibbi/rv/06/2019/11646 as the valuer of india grid trust; and to consider other matters.Reported Earnings • May 14Full year 2023 earnings released: EPS: ₹6.51 (vs ₹5.03 in FY 2022)Full year 2023 results: EPS: ₹6.51 (up from ₹5.03 in FY 2022). Revenue: ₹24.1b (up 6.1% from FY 2022). Net income: ₹4.56b (up 31% from FY 2022). Profit margin: 19% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 4.6% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • May 13India Grid Trust Approves Distribution for Fourth Quarter of Fiscal Year 2023, Payable on or Before May 27, 2023India Grid Trust approved Declaration of fourth quarter Fiscal Year 23 distribution of INR 3.45 per unit comprising INR 2.5344 per unit in the form of Interest, INR 0.2848 per unit in the form of Dividend (wherein INR 0.0257 is taxable, and INR 0.2591 is non- taxable) and INR 0.5853 per unit in the form of Principal payment and INR 0.0455 per unit in the form of Other Income. The record date for this distribution will be May 18, 2023, and payment will be made on or before May 27, 2023.お知らせ • May 06India Grid Trust to Report Fiscal Year 2023 Results on May 12, 2023India Grid Trust announced that they will report fiscal year 2023 results on May 12, 2023分析記事 • Jan 28India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30India Grid Trust ( NSE:INDIGRID ) has announced that it will be increasing its dividend from last year's comparable...Reported Earnings • Jan 26Third quarter 2023 earnings released: EPS: ₹1.68 (vs ₹1.32 in 3Q 2022)Third quarter 2023 results: EPS: ₹1.68 (up from ₹1.32 in 3Q 2022). Revenue: ₹6.07b (up 4.9% from 3Q 2022). Net income: ₹1.17b (up 27% from 3Q 2022). Profit margin: 19% (up from 16% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Jan 26India Grid Trust Approves Distribution for Third Quarter of Fiscal Year 2023, Payable on or Before February 09, 2023India Grid Trust announced that meeting of the Board of Directors held on January 25, 2023, approved the declaration of Third Quarter Fiscal Year 23 distribution of INR 3.30 per unit comprising INR 2.8042 per unit in the form of Interest and INR 0.4958 per unit in the form of Principal payment. The record date for this distribution will be January 31, 2023, and payment will be made on or before February 09, 2023.お知らせ • Jan 24India Grid Trust (BSE:540565) entered into an agreement to acquire Khargone Transmission Limited from Sterlite Power Transmission Limited for an enterprise value of INR 14.98 billionIndia Grid Trust (BSE:540565) entered into an agreement to acquire Khargone Transmission Limited from Sterlite Power Transmission Limited for an enterprise value of INR 14.98 billion on January 21, 2023. The consideration will be paid in cash. The completion of acquisition would depend upon receipt of Unitholders’ consent, regulatory and other relevant approvals as well as completion of contractual obligations. Khargone Transmission Limited recorded a turnover of INR 1.35 billion for the year ended March 31, 2022.お知らせ • Jan 20India Grid Trust to Report Q3, 2023 Results on Jan 30, 2023India Grid Trust announced that they will report Q3, 2023 results on Jan 30, 2023お知らせ • Jan 10India Grid Trust Announces the Resignation of Ms. Divya Bedi Verma as Chief Financial Officer of Indigrid Investment Managers Limited, Effective on or before April 10, 2023India Grid Trust announced the resignation of Ms. Divya Bedi Verma as Chief Financial Officer of Indigrid Investment Managers Limited, effective on or before April 10, 2023. To pursue other interests.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director of IndiGrid Investment Managers Limited Jaya Vaidhyanathan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹1.75 (vs ₹1.06 in 2Q 2022)Second quarter 2023 results: EPS: ₹1.75 (up from ₹1.06 in 2Q 2022). Revenue: ₹5.96b (up 7.4% from 2Q 2022). Net income: ₹1.22b (up 64% from 2Q 2022). Profit margin: 21% (up from 13% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.分析記事 • Jul 29India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year'sThe board of India Grid Trust ( NSE:INDIGRID ) has announced that it will be paying its dividend of ₹3.30 on the 10th...Board Change • Jul 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director of IndiGrid Investment Managers Limited Jaya Vaidhyanathan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.03. Revenue: ₹22.7b (up 33% from FY 2021). Net income: ₹3.48b (up 4.4% from FY 2021). Profit margin: 15% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 5.9%, compared to a 11% growth forecast for the industry in India.Reported Earnings • May 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.03. Revenue: ₹22.6b (up 32% from FY 2021). Net income: ₹3.48b (up 4.4% from FY 2021). Profit margin: 15% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 6.7%, compared to a 10% growth forecast for the industry in India.Price Target Changed • Apr 27Price target increased to ₹148Up from ₹118, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹152. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₹7.55 for next year compared to ₹5.72 last year.Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: ₹1.32 (down from ₹1.62 in 3Q 2021). Revenue: ₹5.81b (up 33% from 3Q 2021). Net income: ₹924.9m (down 2.2% from 3Q 2021). Profit margin: 16% (down from 22% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.3%. Earnings per share (EPS) missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 8.2%, compared to a 11% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS ₹1.06 (vs ₹1.47 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹5.55b (up 47% from 2Q 2021). Net income: ₹743.4m (down 13% from 2Q 2021). Profit margin: 13% (down from 23% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.分析記事 • Oct 29India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19India Grid Trust ( NSE:INDIGRID ) has announced that it will be increasing its dividend on the 26th of November to...Reported Earnings • Aug 02First quarter 2022 earnings released: EPS ₹1.27 (vs ₹1.47 in 1Q 2021)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: ₹5.65b (up 54% from 1Q 2021). Net income: ₹852.6m (flat on 1Q 2021). Profit margin: 15% (down from 23% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.分析記事 • Jun 03Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)A lackluster earnings announcement from India Grid Trust ( NSE:INDIGRID ) last week didn't sink the stock price. We...Reported Earnings • May 29Full year 2021 earnings released: EPS ₹5.72 (vs ₹9.13 in FY 2020)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹17.0b (up 34% from FY 2020). Net income: ₹3.34b (down 34% from FY 2020). Profit margin: 20% (down from 40% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.分析記事 • May 05Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?Could India Grid Trust ( NSE:INDIGRID ) be an attractive dividend share to own for the long haul? Investors are often...分析記事 • Mar 14How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...分析記事 • Feb 24Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?Every investor in India Grid Trust ( NSE:INDIGRID ) should be aware of the most powerful shareholder groups...分析記事 • Feb 04Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its DividendToday we'll take a closer look at India Grid Trust ( NSE:INDIGRID ) from a dividend investor's perspective. Owning a...Price Target Changed • Jan 29Price target raised to ₹130Up from ₹117, the current price target is an average from 2 analysts. The new target price is close to the current share price of ₹135. As of last close, the stock is up 43% over the past year.Reported Earnings • Jan 23Third quarter 2021 earnings released: EPS ₹1.62The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2021 results: Revenue: ₹4.39b (up 28% from 3Q 2020). Net income: ₹945.8m (down 28% from 3Q 2020). Profit margin: 22% (down from 38% in 3Q 2020). The decrease in margin was driven by higher expenses.Analyst Estimate Surprise Post Earnings • Jan 23Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 29%, compared to a 11% growth forecast for the Electric Utilities industry in India.Is New 90 Day High Low • Jan 22New 90-day high: ₹132The company is up 22% from its price of ₹108 on 23 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,871 per share.分析記事 • Jan 17Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Jan 04New 90-day high: ₹124The company is up 16% from its price of ₹106 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,892 per share.分析記事 • Dec 27How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Is New 90 Day High Low • Dec 09New 90-day high: ₹112The company is up 10.0% from its price of ₹102 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,591 per share.Recent Insider Transactions • Dec 06Non-Executive Independent Director recently bought ₹3.8m worth of stockOn the 2nd of December, Rahul Asthana bought around 34k shares on-market at roughly ₹111 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.分析記事 • Nov 26What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?Every investor in India Grid Trust (NSE:INDIGRID) should be aware of the most powerful shareholder groups. Generally...Is New 90 Day High Low • Nov 05New 90-day high: ₹110The company is up 4.0% from its price of ₹105 on 07 August 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Electric Utilities industry, which is also up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,601 per share.Reported Earnings • Nov 05Second quarter 2021 earnings released: EPS ₹1.46The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹3.94b (up 4.2% from 2Q 2020). Net income: ₹855.2m (down 65% from 2Q 2020). Profit margin: 22% (down from 64% in 2Q 2020). The decrease in margin was driven by higher expenses.Analyst Estimate Surprise Post Earnings • Nov 05Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 27%, compared to a 7.1% growth forecast for the Electric Utilities industry in India.分析記事 • Oct 23Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last YearPassive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 INDIGRIDが配当金を支払っている期間は 10 年未満です。増加する配当: INDIGRIDの配当金は増加していますが、同社は9年間しか配当金を支払っていません。配当利回り対市場Indigrid Infrastructure Trust 配当利回り対市場INDIGRID 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (INDIGRID)9.4%市場下位25% (IN)0.3%市場トップ25% (IN)1.5%業界平均 (Electric Utilities)2.4%アナリスト予想 (INDIGRID) (最長3年)9.4%注目すべき配当: INDIGRIDの配当金 ( 9.44% ) はIndian市場の配当金支払者の下位 25% ( 0.3% ) よりも高くなっています。高配当: INDIGRIDの配当金 ( 9.44% ) はIndian市場 ( 1.47% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: INDIGRIDは高い 配当性向 ( 278.6% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: INDIGRIDは配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YIN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 20:09終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Indigrid Infrastructure Trust 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Pankaj KaduAxis Capital LimitedAbhishek PuriAxis Capital LimitedSubhadip MitraJM Financial Institutional Securities Limited4 その他のアナリストを表示
Declared Dividend • Jul 26Fourth quarter dividend of ₹4.00 announcedShareholders will receive a dividend of ₹4.00. Ex-date: 29th July 2025 Payment date: 5th August 2025 Dividend yield will be 9.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (311% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 5.1% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 246% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend.
Declared Dividend • May 17Third quarter dividend of ₹4.10 announcedShareholders will receive a dividend of ₹4.10. Ex-date: 20th May 2025 Payment date: 27th May 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 284% to bring the payout ratio under control. However, EPS has declined by 15% over the last 5 years so the company would need to reverse this trend.
Declared Dividend • Jan 25Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 28th January 2025 Payment date: 4th February 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.
Declared Dividend • Oct 27Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 30th October 2024 Payment date: 9th November 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.
Declared Dividend • May 27Fourth quarter dividend of ₹3.55 announcedShareholders will receive a dividend of ₹3.55. Ex-date: 30th May 2024 Payment date: 8th June 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 3.7% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 204% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • May 26India Grid Trust Declares Fourth Quarter of Fiscal Year 2024 Distribution, Payable on or Before June 8, 2024IndiGrid Investment Managers Limited announced that Board of Directors of IndiGrid Investment Managers Limited acting in the capacity of Investment Manager to India Grid Trust in its meeting held on May 24, 2024 approved declaration of fourth quarter of fiscal year 2024 distribution of INR 3.55 per unit comprising INR 2.7361 per unit in the form of Interest, INR 0.8139 per unit in the form of Dividend (wherein INR 0.7884 is taxable, and INR 0.0255 is non-taxable). The record date for this distribution will be May 30, 2024, and payment will be made on or before June 8, 2024.
Reported Earnings • May 16Full year 2026 earnings released: EPS: ₹4.57 (vs ₹4.93 in FY 2025)Full year 2026 results: EPS: ₹4.57 (down from ₹4.93 in FY 2025). Revenue: ₹49.5b (up 45% from FY 2025). Net income: ₹3.94b (down 1.0% from FY 2025). Profit margin: 8.0% (down from 12% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • May 07Indigrid Infrastructure Trust to Report Q4, 2026 Results on May 14, 2026Indigrid Infrastructure Trust announced that they will report Q4, 2026 results on May 14, 2026
お知らせ • Mar 25Indigrid Infrastructure Trust (BSE:540565) acquired a majority stake in Gujarat Bess Private Limited from British International Investment plc and Norfund for an enterprise value of INR 5.7 billion.Indigrid Infrastructure Trust (BSE:540565) acquired a majority stake in Gujarat Bess Private Limited from British International Investment plc and Norfund for an enterprise value of INR 5.7 billion on March 25, 2026. The project is setup under Build Own Operate model and shall have an annual revenue of over INR 970 million with a concession tenure of 12 years. Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of majority stake in Gujarat Bess Private Limited from British International Investment plc and Norfund for an enterprise value of INR 5.7 billion on March 25, 2026.
お知らせ • Mar 12Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS.Indigrid Infrastructure Trust (BSE:540565) entered into Share Purchase Agreement to acquire Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS for an enterprise value of INR 3.7 billion on December 2, 2025. A cash consideration will be paid by Indigrid Infrastructure Trust. The deal is for an enterprise vale of INR 3.7 billion excluding any net working capital and cash adjustments. Additionally, there will be an earn-out related to Change-In-Law availability and other bilateral billing related aspects, to be paid to the buyers if and when the payment is realized. Upon completion of the transaction, IndiGrid will acquire full shareholding and management control. The acquisition will be funded through a combination of equity, internal accruals, and debt. The transaction is subject to governmental, regulatory or any other approvals as may be required. Vaibhav Choukse, Upendra Nath Sharma, Bharat Bhushan Sharma, Poonam Verma Sengupta, Vishnu Sudarsan, Shashank Vikram Singh and Kartikeya GS of J. Sagar Associates acted as legal advisor to Indigrid Infrastructure. Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS on March 10, 2026. The governmental, regulatory or any other approvals, as required, are obtained for the aforesaid acquisition in line with the terms of Transmission Service Agreement (“TSA”) and Definitive Agreement.
お知らせ • Mar 05SEIT, IndiGrid, Anzen Reportedly in Talks to Acquire Actis' Renewables ArmSeveral private investors and trusts are in separate discussions to acquire Athena Renewable Energy (Athena Renewable Energy India Private Limited), the Indian renewable energy platform owned by UK-based private equity firm Actis (Actis LLP), multiple people aware of the development. The interested bidders include SEIT (Sustainable Energy Infra Trust Fund (NSEI:SEITINVIT)), the energy InvIT sponsored by Mahindra Susten; IndiGrid (Indigrid Infrastructure Trust (BSE:540565)), backed by KKR; and Anzen InvIT (Anzen India Energy Yield Plus Trust (NSEI:ANZEN)), sponsored by Sekura Energy, which is owned by Edelweiss. The investors have submitted binding bids after completing due diligence, said the sources cited above. The proposed transaction could value Athena at an enterprise value of around INR 23,000 million - INR 25,000 million. The platform currently operates about 550 MW of renewable energy capacity. ET had first reported in January that Actis had put Athena on the block and appointed Kotak Mahindra Capital to manage the sale process. As part of the outreach, Actis had sounded out a select set of potential buyers including Hexa Climate Solutions, IndiGrid, Ontario Teachers' Pension Fund, Sekura Energy and Jindal Renewables. Emails sent to Actis, Mahindra Susten, Sekura Energy and IndiGrid remained unanswered until the publication of this report.
お知らせ • Feb 04Indigrid Infrastructure Trust to Report Q3, 2026 Results on Feb 12, 2026Indigrid Infrastructure Trust announced that they will report Q3, 2026 results on Feb 12, 2026
分析記事 • Jan 27Weak Statutory Earnings May Not Tell The Whole Story For Indigrid Infrastructure Trust (NSE:INDIGRID)Indigrid Infrastructure Trust's ( NSE:INDIGRID ) recent weak earnings report didn't cause a big stock movement. We...
Reported Earnings • Jan 21Second quarter 2026 earnings released: EPS: ₹0.52 (vs ₹1.22 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.52 (down from ₹1.22 in 2Q 2025). Revenue: ₹8.72b (up 4.3% from 2Q 2025). Net income: ₹431.3m (down 55% from 2Q 2025). Profit margin: 4.9% (down from 11% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jan 20Now 20% overvaluedOver the last 90 days, the stock has fallen 4.3% to ₹165. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 12%.
お知らせ • Jan 20Indigrid Infrastructure Trust has filed a Follow-on Equity Offering.Indigrid Infrastructure Trust has filed a Follow-on Equity Offering. Security Name: Units Security Type: Common Stock Price(minimum): INR 167.42 Security Features: Income Trust Transaction Features: Regulation S; Subsequent Direct Listing
Buy Or Sell Opportunity • Dec 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.2% to ₹169. The fair value is estimated to be ₹141, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 12%.
お知らせ • Dec 03Indigrid Infrastructure Trust (BSE:540565) entered into Share Purchase Agreement to acquire Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS.Indigrid Infrastructure Trust (BSE:540565) entered into Share Purchase Agreement to acquire Gadag Transmission Limited from Renew Transmission Ventures Private Limited and KNI India AS for an enterprise value of INR 3.7 billion on December 2, 2025. A cash consideration will be paid by Indigrid Infrastructure Trust. The deal is for an enterprise vale of INR 3.7 billion excluding any net working capital and cash adjustments. Additionally, there will be an earn-out related to Change-In-Law availability and other bilateral billing related aspects, to be paid to the buyers if and when the payment is realized. Upon completion of the transaction, IndiGrid will acquire full shareholding and management control. The acquisition will be funded through a combination of equity, internal accruals, and debt. The transaction is subject to governmental, regulatory or any other approvals as may be required.
お知らせ • Nov 12Indigrid Infrastructure Trust announced that it has received INR 4.379999881 billion in funding from a group of investorsOn November 11, 2025, Indigrid Infrastructure Trust closed the transaction. The company issued 25,952,479 shares at a price of INR 168.77 per share for aggregate gross proceeds of INR 4,379,999,880.83.
お知らせ • Nov 04Indigrid Infrastructure Trust to Report First Half, 2026 Results on Nov 11, 2025Indigrid Infrastructure Trust announced that they will report first half, 2026 results on Nov 11, 2025
Declared Dividend • Jul 26Fourth quarter dividend of ₹4.00 announcedShareholders will receive a dividend of ₹4.00. Ex-date: 29th July 2025 Payment date: 5th August 2025 Dividend yield will be 9.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (311% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 5.1% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 246% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend.
お知らせ • Jul 17Indigrid Infrastructure Trust to Report Q1, 2026 Results on Jul 24, 2025Indigrid Infrastructure Trust announced that they will report Q1, 2026 results on Jul 24, 2025
分析記事 • Jul 06Indigrid Infrastructure Trust's (NSE:INDIGRID) Solid Profits Have Weak FundamentalsIndigrid Infrastructure Trust's ( NSE:INDIGRID ) robust earnings report didn't manage to move the market for its stock...
New Risk • Jul 01New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 311% Dividend yield: 11% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 3.7% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (311% payout ratio).
Reported Earnings • Jul 01Full year 2025 earnings released: EPS: ₹4.93 (vs ₹3.89 in FY 2024)Full year 2025 results: EPS: ₹4.93 (up from ₹3.89 in FY 2024). Revenue: ₹34.1b (up 15% from FY 2024). Net income: ₹3.98b (up 40% from FY 2024). Profit margin: 12% (up from 9.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Jun 30Indigrid Infrastructure Trust, Annual General Meeting, Jul 24, 2025Indigrid Infrastructure Trust, Annual General Meeting, Jul 24, 2025, at 11:00 Indian Standard Time.
お知らせ • Jun 25Indigrid Infrastructure Trust (BSE:540565) acquired Koppal-Narendra Transmission Limited from ReNew Solar Power Private Limited and Kni India for an enterprise value not exceeding INR 7.5 billion.Indigrid Infrastructure Trust (BSE:540565) agreed to acquire Koppal-Narendra Transmission Limited from ReNew Solar Power Private Limited and Kni India for an enterprise value not exceeding INR 7.5 billion on June 6, 2025. The mode of consideration is cash. Additionally, there will be an earn-out related to Change-In-Law. Koppal Narendra Transmission is jointly owned by ReNew Solar Power Private Limited (51%) and KNI India (49%), a joint venture between Norfund and KLP. This acquisition will be funded through a combination of equity, internal accruals, and debt. The completion of acquisition would depend upon receipt of relevant regulatory, contractual approvals and lender approvals, and completion of customary condition precedents, as agreed in the definitive agreements signed between parties. Indigrid Infrastructure Trust (BSE:540565) completed the acquisition of Koppal-Narendra Transmission Limited from ReNew Solar Power Private Limited and Kni India on June 24, 2025.
お知らせ • Jun 09Indigrid Infrastructure Trust (BSE:540565) agreed to acquire Renew Surya Aayan Private Limited from ReNew Solar Power Private Limited in a transaction valued at INR 14.3 billion.Indigrid Infrastructure Trust (BSE:540565) agreed to acquire Renew Surya Aayan Private Limited from ReNew Solar Power Private Limited in a transaction valued at INR 14.3 billion on June 6, 2025. This acquisition will be funded through a combination of equity, internal accruals, and debt. For the period ending March 31, 2025, Renew Surya Aayan Private Limited reported total revenue of INR 1.63 billion. The transaction is subject to approval by regulatory board / committee and approval/consents of lenders/creditors.
Reported Earnings • May 18Full year 2025 earnings released: EPS: ₹4.93 (vs ₹3.89 in FY 2024)Full year 2025 results: EPS: ₹4.93 (up from ₹3.89 in FY 2024). Revenue: ₹34.4b (up 16% from FY 2024). Net income: ₹3.98b (up 40% from FY 2024). Profit margin: 12% (up from 9.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Declared Dividend • May 17Third quarter dividend of ₹4.10 announcedShareholders will receive a dividend of ₹4.10. Ex-date: 20th May 2025 Payment date: 27th May 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.0% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 284% to bring the payout ratio under control. However, EPS has declined by 15% over the last 5 years so the company would need to reverse this trend.
お知らせ • May 10Indigrid Infrastructure Trust to Report Fiscal Year 2025 Results on May 15, 2025Indigrid Infrastructure Trust announced that they will report fiscal year 2025 results on May 15, 2025
Reported Earnings • Jan 27Third quarter 2025 earnings released: EPS: ₹0.66 (vs ₹1.20 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.66 (down from ₹1.20 in 3Q 2024). Revenue: ₹8.04b (up 2.7% from 3Q 2024). Net income: ₹547.2m (down 39% from 3Q 2024). Profit margin: 6.8% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
Declared Dividend • Jan 25Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 28th January 2025 Payment date: 4th February 2025 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.
お知らせ • Jan 16India Grid Trust to Report Q3, 2025 Results on Jan 23, 2025India Grid Trust announced that they will report Q3, 2025 results on Jan 23, 2025
Reported Earnings • Oct 27Second quarter 2025 earnings released: EPS: ₹1.22 (vs ₹0.51 in 2Q 2024)Second quarter 2025 results: EPS: ₹1.22 (up from ₹0.51 in 2Q 2024). Revenue: ₹8.36b (up 17% from 2Q 2024). Net income: ₹956.3m (up 166% from 2Q 2024). Profit margin: 11% (up from 5.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
Declared Dividend • Oct 27Second quarter dividend of ₹3.75 announcedShareholders will receive a dividend of ₹3.75. Ex-date: 30th October 2024 Payment date: 9th November 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 4.5% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 235% to bring the payout ratio under control. However, EPS has declined by 13% over the last 5 years so the company would need to reverse this trend.
お知らせ • Oct 15India Grid Trust to Report Q2, 2025 Results on Oct 25, 2024India Grid Trust announced that they will report Q2, 2025 results on Oct 25, 2024
New Risk • Aug 29New major risk - Revenue and earnings growthEarnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (9.9% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).
お知らせ • Aug 22KKR Affiliate to Sell 17% Stake in India Grid TrustU.S. private equity firm KKR's affiliate, Esoteric II Pte. Ltd., will sell a 17.3% stake in India Grid Trust (BSE:540565) for $213.6 million, the Indian investment firm said on August 21, 2024. The sale involves 135.8 million IndiGrid shares at an offer price of INR 132 each. The offer comprises a base offer of 9.66% stake with an oversubscription option of 7.66%. Esoteric, a sponsor of IndiGrid, is also a majority unitholder of IndiGrid Investment Managers, holding a 74% stake. The latter is responsible for IndiGrid's operations, including cash flows, acquisitions, and divestments. The share sale is scheduled for August 22 and 23, with Axis Capital, Ambit Capital, and SBICAP Securities appointed as selling brokers.
Reported Earnings • Jul 26First quarter 2025 earnings released: EPS: ₹1.71 (vs ₹1.49 in 1Q 2024)First quarter 2025 results: EPS: ₹1.71 (up from ₹1.49 in 1Q 2024). Revenue: ₹8.73b (up 34% from 1Q 2024). Net income: ₹1.34b (up 29% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in India are expected to grow by 10%. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.
お知らせ • Jul 16India Grid Trust to Report Q1, 2025 Results on Jul 24, 2024India Grid Trust announced that they will report Q1, 2025 results on Jul 24, 2024
お知らせ • Jun 29India Grid Trust, Annual General Meeting, Jul 24, 2024India Grid Trust, Annual General Meeting, Jul 24, 2024, at 11:00 Indian Standard Time.
Declared Dividend • May 27Fourth quarter dividend of ₹3.55 announcedShareholders will receive a dividend of ₹3.55. Ex-date: 30th May 2024 Payment date: 8th June 2024 Dividend yield will be 10%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 3.7% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 204% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • May 26India Grid Trust Declares Fourth Quarter of Fiscal Year 2024 Distribution, Payable on or Before June 8, 2024IndiGrid Investment Managers Limited announced that Board of Directors of IndiGrid Investment Managers Limited acting in the capacity of Investment Manager to India Grid Trust in its meeting held on May 24, 2024 approved declaration of fourth quarter of fiscal year 2024 distribution of INR 3.55 per unit comprising INR 2.7361 per unit in the form of Interest, INR 0.8139 per unit in the form of Dividend (wherein INR 0.7884 is taxable, and INR 0.0255 is non-taxable). The record date for this distribution will be May 30, 2024, and payment will be made on or before June 8, 2024.
お知らせ • May 19India Grid Trust to Report Q4, 2024 Results on May 24, 2024India Grid Trust announced that they will report Q4, 2024 results on May 24, 2024
Declared Dividend • Jan 27Dividend of ₹3.55 announcedShareholders will receive a dividend of ₹3.55. Ex-date: 31st January 2024 Payment date: 9th February 2024 Dividend yield will be 10%, which is higher than the industry average of 3.0%. Sustainability & Growth The dividend has increased by an average of 4.3% per year over the past 6 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 173% to bring the payout ratio under control. EPS is expected to grow by 13% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Jan 26India Grid Trust Approves Distribution of Third Quarter of 2024, Payable on or Before February 09, 2024India Grid Trust approved Third Quarter FY24 distribution of INR 3.55 per unit comprising INR 2.9510 per unit in the form of Interest and INR 0.5621 per unit in the form of Capital repayment and INR 0.0369 in the form of Other Income. The record date for this distribution will be January 31, 2024, and payment will be made on or before February 09, 2024.
お知らせ • Jan 19India Grid Trust to Report Q3, 2024 Results on Jan 25, 2024India Grid Trust announced that they will report Q3, 2024 results on Jan 25, 2024
お知らせ • Jan 09India Grid Trust (BSE:540565) agreed to acquire Renew Solar Urja Private Limited from ReNew Energy Global Plc (NasdaqGS:RNW) for $90 million.India Grid Trust (BSE:540565) agreed to acquire Renew Solar Urja Private Limited from ReNew Energy Global Plc (NasdaqGS:RNW) for $90 million on January 8, 2024. The transaction is for a total enterprise value of $199 million. Approximately $8 million is expected to be additionally received as an earn-out on account of change-in-law proceeds, after the first payment is realized by Renew Solar Urja. The transaction is expected to close in accordance with PPA conditions.
New Risk • Dec 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 245% Cash payout ratio: 423% Minor Risk Shareholders have been diluted in the past year (7.5% increase in shares outstanding).
お知らせ • Dec 06India Grid Trust to Report First Half, 2024 Results on Dec 05, 2023India Grid Trust announced that they will report first half, 2024 results on Dec 05, 2023
Reported Earnings • Nov 14Second quarter 2024 earnings released: EPS: ₹0.51 (vs ₹1.75 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.51 (down from ₹1.75 in 2Q 2023). Revenue: ₹7.20b (up 18% from 2Q 2023). Net income: ₹360.1m (down 71% from 2Q 2023). Profit margin: 5.0% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in India are expected to grow by 7.0%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Oct 28India Grid Trust to Report Q2, 2024 Results on Nov 03, 2023India Grid Trust announced that they will report Q2, 2024 results on Nov 03, 2023
New Risk • Jul 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 197% Cash payout ratio: 382% Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future.
Reported Earnings • Jul 30First quarter 2024 earnings released: EPS: ₹1.49 (vs ₹1.16 in 1Q 2023)First quarter 2024 results: EPS: ₹1.49 (up from ₹1.16 in 1Q 2023). Revenue: ₹6.53b (up 14% from 1Q 2023). Net income: ₹1.04b (up 29% from 1Q 2023). Profit margin: 16% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.7% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in India are expected to grow by 4.0%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Jul 29India Grid Trust Declares Dividend for the Fourth Quarter of Fiscal Year 2024, Payable on Before August 12, 2023India Grid Trust at its board meeting held on July 28, 2023 declared distribution of INR 3.45 per unit comprising INR 3.1759 per unit in the form of Interest, INR 0.0611 per unit in the form of Dividend, INR 0.2010 per unit in the form of Principal payment and INR 0.0120 in the form of Other Income for the first quarter of fiscal year 2024. The record date for this distribution will be August 3, 2023, and payment will be made on or before August 12, 2023.
お知らせ • Jul 24India Grid Trust to Report Q1, 2024 Results on Jul 28, 2023India Grid Trust announced that they will report Q1, 2024 results on Jul 28, 2023
New Risk • Jul 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 205% Cash payout ratio: 382% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 205% Cash payout ratio: 382%
お知らせ • Jun 30India Grid Trust, Annual General Meeting, Jul 28, 2023India Grid Trust, Annual General Meeting, Jul 28, 2023, at 11:00 Indian Standard Time. Agenda: To consider and adopt audited standalone financial statements and audited consolidated financial statements of indigrid as at and for the financial year ended on march 31, 2023; to consider approve and adopt valuation report issued by mr. pradhan dass, valuer for the valuation of the invit assets as on march 31, 2023; to consider and appoint mr. manish gadia, chartered accountant, bearing ibbi registration number ibbi/rv/06/2019/11646 as the valuer of india grid trust; and to consider other matters.
Reported Earnings • May 14Full year 2023 earnings released: EPS: ₹6.51 (vs ₹5.03 in FY 2022)Full year 2023 results: EPS: ₹6.51 (up from ₹5.03 in FY 2022). Revenue: ₹24.1b (up 6.1% from FY 2022). Net income: ₹4.56b (up 31% from FY 2022). Profit margin: 19% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 4.6% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • May 13India Grid Trust Approves Distribution for Fourth Quarter of Fiscal Year 2023, Payable on or Before May 27, 2023India Grid Trust approved Declaration of fourth quarter Fiscal Year 23 distribution of INR 3.45 per unit comprising INR 2.5344 per unit in the form of Interest, INR 0.2848 per unit in the form of Dividend (wherein INR 0.0257 is taxable, and INR 0.2591 is non- taxable) and INR 0.5853 per unit in the form of Principal payment and INR 0.0455 per unit in the form of Other Income. The record date for this distribution will be May 18, 2023, and payment will be made on or before May 27, 2023.
お知らせ • May 06India Grid Trust to Report Fiscal Year 2023 Results on May 12, 2023India Grid Trust announced that they will report fiscal year 2023 results on May 12, 2023
分析記事 • Jan 28India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30India Grid Trust ( NSE:INDIGRID ) has announced that it will be increasing its dividend from last year's comparable...
Reported Earnings • Jan 26Third quarter 2023 earnings released: EPS: ₹1.68 (vs ₹1.32 in 3Q 2022)Third quarter 2023 results: EPS: ₹1.68 (up from ₹1.32 in 3Q 2022). Revenue: ₹6.07b (up 4.9% from 3Q 2022). Net income: ₹1.17b (up 27% from 3Q 2022). Profit margin: 19% (up from 16% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.1% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Jan 26India Grid Trust Approves Distribution for Third Quarter of Fiscal Year 2023, Payable on or Before February 09, 2023India Grid Trust announced that meeting of the Board of Directors held on January 25, 2023, approved the declaration of Third Quarter Fiscal Year 23 distribution of INR 3.30 per unit comprising INR 2.8042 per unit in the form of Interest and INR 0.4958 per unit in the form of Principal payment. The record date for this distribution will be January 31, 2023, and payment will be made on or before February 09, 2023.
お知らせ • Jan 24India Grid Trust (BSE:540565) entered into an agreement to acquire Khargone Transmission Limited from Sterlite Power Transmission Limited for an enterprise value of INR 14.98 billionIndia Grid Trust (BSE:540565) entered into an agreement to acquire Khargone Transmission Limited from Sterlite Power Transmission Limited for an enterprise value of INR 14.98 billion on January 21, 2023. The consideration will be paid in cash. The completion of acquisition would depend upon receipt of Unitholders’ consent, regulatory and other relevant approvals as well as completion of contractual obligations. Khargone Transmission Limited recorded a turnover of INR 1.35 billion for the year ended March 31, 2022.
お知らせ • Jan 20India Grid Trust to Report Q3, 2023 Results on Jan 30, 2023India Grid Trust announced that they will report Q3, 2023 results on Jan 30, 2023
お知らせ • Jan 10India Grid Trust Announces the Resignation of Ms. Divya Bedi Verma as Chief Financial Officer of Indigrid Investment Managers Limited, Effective on or before April 10, 2023India Grid Trust announced the resignation of Ms. Divya Bedi Verma as Chief Financial Officer of Indigrid Investment Managers Limited, effective on or before April 10, 2023. To pursue other interests.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director of IndiGrid Investment Managers Limited Jaya Vaidhyanathan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹1.75 (vs ₹1.06 in 2Q 2022)Second quarter 2023 results: EPS: ₹1.75 (up from ₹1.06 in 2Q 2022). Revenue: ₹5.96b (up 7.4% from 2Q 2022). Net income: ₹1.22b (up 64% from 2Q 2022). Profit margin: 21% (up from 13% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electric Utilities industry in India. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
分析記事 • Jul 29India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year'sThe board of India Grid Trust ( NSE:INDIGRID ) has announced that it will be paying its dividend of ₹3.30 on the 10th...
Board Change • Jul 28Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director of IndiGrid Investment Managers Limited Jaya Vaidhyanathan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Jun 30Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.03. Revenue: ₹22.7b (up 33% from FY 2021). Net income: ₹3.48b (up 4.4% from FY 2021). Profit margin: 15% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 5.9%, compared to a 11% growth forecast for the industry in India.
Reported Earnings • May 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₹5.03. Revenue: ₹22.6b (up 32% from FY 2021). Net income: ₹3.48b (up 4.4% from FY 2021). Profit margin: 15% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 6.7%, compared to a 10% growth forecast for the industry in India.
Price Target Changed • Apr 27Price target increased to ₹148Up from ₹118, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹152. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₹7.55 for next year compared to ₹5.72 last year.
Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: ₹1.32 (down from ₹1.62 in 3Q 2021). Revenue: ₹5.81b (up 33% from 3Q 2021). Net income: ₹924.9m (down 2.2% from 3Q 2021). Profit margin: 16% (down from 22% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.3%. Earnings per share (EPS) missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 8.2%, compared to a 11% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS ₹1.06 (vs ₹1.47 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹5.55b (up 47% from 2Q 2021). Net income: ₹743.4m (down 13% from 2Q 2021). Profit margin: 13% (down from 23% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
分析記事 • Oct 29India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19India Grid Trust ( NSE:INDIGRID ) has announced that it will be increasing its dividend on the 26th of November to...
Reported Earnings • Aug 02First quarter 2022 earnings released: EPS ₹1.27 (vs ₹1.47 in 1Q 2021)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2022 results: Revenue: ₹5.65b (up 54% from 1Q 2021). Net income: ₹852.6m (flat on 1Q 2021). Profit margin: 15% (down from 23% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
分析記事 • Jun 03Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)A lackluster earnings announcement from India Grid Trust ( NSE:INDIGRID ) last week didn't sink the stock price. We...
Reported Earnings • May 29Full year 2021 earnings released: EPS ₹5.72 (vs ₹9.13 in FY 2020)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹17.0b (up 34% from FY 2020). Net income: ₹3.34b (down 34% from FY 2020). Profit margin: 20% (down from 40% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
分析記事 • May 05Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?Could India Grid Trust ( NSE:INDIGRID ) be an attractive dividend share to own for the long haul? Investors are often...
分析記事 • Mar 14How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
分析記事 • Feb 24Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?Every investor in India Grid Trust ( NSE:INDIGRID ) should be aware of the most powerful shareholder groups...
分析記事 • Feb 04Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its DividendToday we'll take a closer look at India Grid Trust ( NSE:INDIGRID ) from a dividend investor's perspective. Owning a...
Price Target Changed • Jan 29Price target raised to ₹130Up from ₹117, the current price target is an average from 2 analysts. The new target price is close to the current share price of ₹135. As of last close, the stock is up 43% over the past year.
Reported Earnings • Jan 23Third quarter 2021 earnings released: EPS ₹1.62The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2021 results: Revenue: ₹4.39b (up 28% from 3Q 2020). Net income: ₹945.8m (down 28% from 3Q 2020). Profit margin: 22% (down from 38% in 3Q 2020). The decrease in margin was driven by higher expenses.
Analyst Estimate Surprise Post Earnings • Jan 23Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 29%, compared to a 11% growth forecast for the Electric Utilities industry in India.
Is New 90 Day High Low • Jan 22New 90-day high: ₹132The company is up 22% from its price of ₹108 on 23 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,871 per share.
分析記事 • Jan 17Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Jan 04New 90-day high: ₹124The company is up 16% from its price of ₹106 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,892 per share.
分析記事 • Dec 27How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Is New 90 Day High Low • Dec 09New 90-day high: ₹112The company is up 10.0% from its price of ₹102 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,591 per share.
Recent Insider Transactions • Dec 06Non-Executive Independent Director recently bought ₹3.8m worth of stockOn the 2nd of December, Rahul Asthana bought around 34k shares on-market at roughly ₹111 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
分析記事 • Nov 26What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?Every investor in India Grid Trust (NSE:INDIGRID) should be aware of the most powerful shareholder groups. Generally...
Is New 90 Day High Low • Nov 05New 90-day high: ₹110The company is up 4.0% from its price of ₹105 on 07 August 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Electric Utilities industry, which is also up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹1,601 per share.
Reported Earnings • Nov 05Second quarter 2021 earnings released: EPS ₹1.46The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: ₹3.94b (up 4.2% from 2Q 2020). Net income: ₹855.2m (down 65% from 2Q 2020). Profit margin: 22% (down from 64% in 2Q 2020). The decrease in margin was driven by higher expenses.
Analyst Estimate Surprise Post Earnings • Nov 05Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Over the next year, revenue is forecast to grow 27%, compared to a 7.1% growth forecast for the Electric Utilities industry in India.
分析記事 • Oct 23Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last YearPassive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...