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Updated 3h ago
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Indigrid Infrastructure TrustNSEI:INDIGRID Stock Report

Market Cap ₹164.9b
Updated 3h ago
Share Price
n/a
1Y2.7%
7D-0.7%
1D-0.4%
Portfolio Value
​
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Indigrid Infrastructure Trust

NSEI:INDIGRID Stock Report

Market Cap: ₹164.9b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Indigrid Infrastructure Trust (INDIGRID) Stock Overview

Operates as an infrastructure investment trust that owns, operates, and manages power transmission, renewable generation, and energy storage assets in India. More details

INDIGRID fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health0/6
Dividends2/6

Rewards

Price-To-Earnings ratio (29.2x) is below the Electric Utilities industry average (29.3x)

Earnings grew by 67.9% over the past year

Risk Analysis

Dividend of 9.24% is not well covered by earnings or free cash flows

Interest payments are not well covered by earnings


INDIGRID Community Fair Values

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Current Price
₹173.1912.9% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-421m116b2016201920222025202620282031Revenue ₹116.1bEarnings ₹12.8b
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Indigrid Infrastructure Trust Competitors

CESC

Symbol: NSEI:CESC
Market cap: ₹187.8b

SJVN

Symbol: NSEI:SJVN
Market cap: ₹253.8b

Torrent Power

Symbol: NSEI:TORNTPOWER
Market cap: ₹655.5b

Tata Power

Symbol: BSE:500400
Market cap: ₹1.2t

Price History & Performance

Summary of share price highs, lows and changes for Indigrid Infrastructure Trust
Historical stock prices
Current Share Price₹173.19
52 Week High₹180.90
52 Week Low₹161.01
Beta-0.019
1 Month Change-3.11%
3 Month Change0.70%
1 Year Change2.72%
3 Year Change25.51%
5 Year Change28.80%
Change since IPO82.50%

Recent News & Updates

Recent updates

Analysis Article • Jan 27

Weak 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...
Analysis Article • Jul 06

Indigrid Infrastructure Trust's (NSE:INDIGRID) Solid Profits Have Weak Fundamentals

Indigrid Infrastructure Trust's ( NSE:INDIGRID ) robust earnings report didn't manage to move the market for its stock...
Analysis Article • Jan 28

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

India Grid Trust ( NSE:INDIGRID ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article • Jul 29

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

The board of India Grid Trust ( NSE:INDIGRID ) has announced that it will be paying its dividend of ₹3.30 on the 10th...
Analysis Article • Oct 29

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

India Grid Trust ( NSE:INDIGRID ) has announced that it will be increasing its dividend on the 26th of November to...
Analysis Article • Jun 03

Weak 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...
Analysis Article • May 05

Is 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...
Analysis Article • Mar 14

How 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...
Analysis Article • Feb 24

Could 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...
Analysis Article • Feb 04

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

Today we'll take a closer look at India Grid Trust ( NSE:INDIGRID ) from a dividend investor's perspective. Owning a...
Analysis Article • Jan 17

Does 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...
Analysis Article • Dec 27

How 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...

Shareholder Returns

INDIGRIDIN Electric UtilitiesIN Market
7D-0.7%0.2%-1.0%
1Y2.7%3.4%-1.4%

Return vs Industry: INDIGRID matched the Indian Electric Utilities industry which returned 3.4% over the past year.

Return vs Market: INDIGRID exceeded the Indian Market which returned -1.4% over the past year.

Price Volatility

Is INDIGRID's price volatile compared to industry and market?
INDIGRID volatility
INDIGRID Average Weekly Movement1.1%
Electric Utilities Industry Average Movement3.2%
Market Average Movement5.7%
10% most volatile stocks in IN Market8.9%
10% least volatile stocks in IN Market3.4%

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 (1%) has been stable over the past year.

About the Company

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

Indigrid Infrastructure Trust operates as an infrastructure investment trust that owns, operates, and manages power transmission, renewable generation, and energy storage assets in India. The company’s asset portfolio consists of 41 power projects that includes 55 transmission lines with 9,698 circuit kilometers length, 18 substations with 32,550 MVA transformation capacity, 1.5 GWp (DC) of solar generation capacity, and 2.5 GWh of battery energy storage capacity. The company was formerly known as India Grid Trust and changed its name to Indigrid Infrastructure Trust in January 2025.

Indigrid Infrastructure Trust Fundamentals Summary

How do Indigrid Infrastructure Trust's earnings and revenue compare to its market cap?
INDIGRID fundamental statistics
Market cap₹164.91b
Earnings (TTM)₹5.65b
Revenue (TTM)₹51.29b
29.2x
P/E Ratio
3.2x
P/S Ratio

Is INDIGRID overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INDIGRID income statement (TTM)
Revenue₹51.29b
Cost of Revenue₹14.39b
Gross Profit₹36.90b
Other Expenses₹31.25b
Earnings₹5.65b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)5.93
Gross Margin71.94%
Net Profit Margin11.02%
Debt/Equity Ratio344.8%

How did INDIGRID perform over the long term?

See historical performance and comparison

Dividends

9.2%
Current Dividend Yield
254%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/15 23:39
End of Day Share Price 2026/09/15 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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.

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 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 Github.

Analyst Sources

Indigrid Infrastructure 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.

AnalystInstitution
Pankaj KaduAxis Capital Limited
Abhishek PuriAxis Capital Limited
Subhadip MitraJM Financial Institutional Securities Limited

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Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
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