INDIGRID Stock Overview
Operates as an infrastructure investment trust that owns and operates power transmission and solar energy assets. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
India Grid Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹143.26 |
| 52 Week High | ₹152.15 |
| 52 Week Low | ₹129.06 |
| Beta | 0.11 |
| 1 Month Change | -1.06% |
| 3 Month Change | -0.78% |
| 1 Year Change | 9.05% |
| 3 Year Change | -2.87% |
| 5 Year Change | 48.10% |
| Change since IPO | 50.96% |
Recent News & Updates
Recent updates
India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30
Jan 28
India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19
Oct 29Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)
Jun 03Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?
May 05How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?
Mar 14Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?
Feb 24Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its Dividend
Feb 04Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?
Jan 17
How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?
Dec 27What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?
Nov 26Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last Year
Oct 23Shareholder Returns
| INDIGRID | IN Electric Utilities | IN Market | |
|---|---|---|---|
| 7D | -0.1% | -1.9% | -0.3% |
| 1Y | 9.1% | 16.6% | 16.3% |
Return vs Industry: INDIGRID underperformed the Indian Electric Utilities industry which returned 16.6% over the past year.
Return vs Market: INDIGRID underperformed the Indian Market which returned 16.3% over the past year.
Price Volatility
| INDIGRID volatility | |
|---|---|
| INDIGRID Average Weekly Movement | 1.8% |
| Electric Utilities Industry Average Movement | 5.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Harsh Shah | www.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
| INDIGRID fundamental statistics | |
|---|---|
| Market cap | ₹118.16b |
| Earnings (TTM) | ₹3.75b |
| Revenue (TTM) | ₹32.98b |
31.8x
P/E Ratio3.6x
P/S RatioIs INDIGRID overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 Margin | 97.45% |
| Net Profit Margin | 11.37% |
| Debt/Equity Ratio | 384.6% |
How did INDIGRID perform over the long term?
See historical performance and comparisonDividends
10.5%
Current Dividend Yield301%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 12:01 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
India Grid Trust is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pankaj Kadu | Axis Capital Limited |
| Abhishek Puri | Axis Capital Limited |
| Subhadip Mitra | JM Financial Institutional Securities Limited |