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India Grid Trust NSEI:INDIGRID Stock Report

Last Price

₹144.88

Market Cap

₹119.8b

7D

-0.03%

1Y

12.5%

Updated

03 Dec, 2024

Data

Company Financials

INDIGRID Stock Overview

Operates as an infrastructure investment trust that owns and operates power transmission and solar energy assets. More details

INDIGRID fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends2/6

India Grid Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for India Grid Trust
Historical stock prices
Current Share Price₹144.88
52 Week High₹152.15
52 Week Low₹126.00
Beta0.11
11 Month Change-0.66%
3 Month Change2.73%
1 Year Change12.52%
33 Year Change-0.062%
5 Year Change50.81%
Change since IPO52.67%

Recent News & Updates

Recent updates

India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30

Jan 28
India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30

India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year's

Jul 29
India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year's

India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19

Oct 29
India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19

Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)

Jun 03
Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)

Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?

May 05
Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?

How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?

Mar 14
How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?

Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?

Feb 24
Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?

Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its Dividend

Feb 04
Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its Dividend

Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?

Jan 17
Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?

How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?

Dec 27
How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?

What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?

Nov 26
What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?

Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last Year

Oct 23
Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last Year

Shareholder Returns

INDIGRIDIN Electric UtilitiesIN Market
7D-0.03%1.3%2.0%
1Y12.5%37.5%26.6%

Return vs Industry: INDIGRID underperformed the Indian Electric Utilities industry which returned 37.5% over the past year.

Return vs Market: INDIGRID underperformed the Indian Market which returned 26.6% over the past year.

Price Volatility

Is INDIGRID's price volatile compared to industry and market?
INDIGRID volatility
INDIGRID Average Weekly Movement1.9%
Electric Utilities Industry Average Movement5.6%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: INDIGRID has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: INDIGRID's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aHarsh Shahwww.indigrid.co.in

India Grid Trust operates as an infrastructure investment trust that owns and operates power transmission and solar energy assets. Its asset portfolio consists of 46 transmission lines with a total circuit length of approximately 8,468 circuit kilometers, 13 substations with approximately 17,550 mega volt ampere transformation capacity, and 100 megawatt of solar power capacity in 19 states and 1 union territory in India. The company was founded in 2016 and is based in Mumbai, India.

India Grid Trust Fundamentals Summary

How do India Grid Trust's earnings and revenue compare to its market cap?
INDIGRID fundamental statistics
Market cap₹119.77b
Earnings (TTM)₹3.75b
Revenue (TTM)₹32.98b

32.2x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INDIGRID income statement (TTM)
Revenue₹32.98b
Cost of Revenue₹840.55m
Gross Profit₹32.13b
Other Expenses₹28.39b
Earnings₹3.75b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.49
Gross Margin97.45%
Net Profit Margin11.37%
Debt/Equity Ratio366.9%

How did INDIGRID perform over the long term?

See historical performance and comparison

Dividends

10.4%

Current Dividend Yield

301%

Payout Ratio