IndiGrid Infrastructure Trust (INDIGRID)₹172.60−0.17%Power - Transmission
In the Jun 2026 quarter (consolidated), IndiGrid Infrastructure Trust reported sales of ₹1,085 Cr, up 29.4% from Jun 2025, and net profit of ₹247 Cr, up 227.7% year on year. For the year to Mar 2026, sales were ₹4,755 Cr and net profit ₹401 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 714 | 780 | 810 | 834 | 834 | 771 | 871 | 838 | 825 | 860 | 2,234 | 1,085 |
| Expenses | 141 | 79.18 | 142 | 77.17 | 77.20 | 80.15 | 165 | 144 | 113 | 100 | 1,355 | 217 |
| Operating Profit | 576 | 704 | 671 | 760 | 759 | 692 | 710 | 696 | 714 | 764 | 889 | 870 |
| OPM % | 80.1% | 90.1% | 83.1% | 91.1% | 91.1% | 90.1% | 81.1% | 83.0% | 86.1% | 88.1% | 40.0% | 80.1% |
| Other Income | 4.01 | 6.01 | 12.01 | 38.05 | 4.01 | 32.03 | 46.04 | 32.99 | 37.03 | 46.04 | 67.09 | 64.02 |
| Interest | 322 | 351 | 353 | 379 | 385 | 371 | 364 | 381 | 427 | 408 | 441 | 398 |
| Depreciation | 223 | 263 | 265 | 274 | 276 | 279 | 274 | 275 | 292 | 293 | 288 | 301 |
| Profit before tax | 36.99 | 97.06 | 66.03 | 146 | 103 | 75.02 | 120 | 73.98 | 34.98 | 110 | 230 | 238 |
| Tax % | −6.0% | 6.0% | 12.0% | 6.0% | 4.0% | 23.0% | 2.0% | −2.0% | −9.0% | 9.0% | 20.0% | −4.0% |
| Net Profit | 39.16 | 92.30 | 58.19 | 138 | 99.38 | 58.22 | 117 | 75.30 | 39.17 | 100 | 186 | 247 |
| EPS (Rs) | 0.48 | 1.13 | 0.70 | 1.70 | 1.21 | 0.65 | 1.35 | 0.86 | 0.51 | 1.11 | 1.90 | 2.54 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 447 | 665 | 1,241 | 1,673 | 2,218 | 2,327 | 2,856 | 3,278 | 4,755 | 5,003 |
| Expenses | 40.09 | 109 | 53.13 | 252 | 210 | 232 | 426 | 398 | 1,698 | 1,785 |
| Operating Profit | 408 | 557 | 1,190 | 1,426 | 2,014 | 2,100 | 2,438 | 2,890 | 3,073 | 3,236 |
| OPM % | 91.1% | 84.1% | 96.1% | 85.1% | 91.1% | 90.1% | 85.1% | 88.1% | 64.0% | 64.7% |
| Other Income | 13.01 | 8.01 | 36.05 | 35.02 | 52.06 | 82.07 | 123 | 149 | 169 | 214 |
| Interest | 101 | 231 | 416 | 690 | 1,053 | 1,015 | 1,313 | 1,501 | 1,657 | 1,673 |
| Depreciation | 116 | 181 | 311 | 431 | 667 | 705 | 941 | 1,104 | 1,148 | 1,174 |
| Profit before tax | 204 | 155 | 500 | 342 | 349 | 469 | 315 | 444 | 449 | 613 |
| Tax % | −3.0% | 0.0% | −1.0% | 2.0% | 2.0% | 1.0% | 6.0% | 8.0% | 11.0% | — |
| Exceptional items | 0.00 | 1.01 | 0.00 | −4.01 | −1.01 | 35.02 | 54.11 | −1.01 | −12.02 | — |
| Net Profit | 211 | 154 | 508 | 335 | 344 | 468 | 297 | 412 | 401 | 572 |
| EPS (Rs) | 6.17 | 4.51 | 7.21 | 4.76 | 4.97 | 6.50 | 3.63 | 4.76 | 4.13 | 6.06 |
| Dividend payout % | 129.1% | 221.1% | 126.1% | 194.1% | 241.1% | 48.1% | 95.1% | 86.1% | 104.1% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,844 | 2,845 | 5,323 | 5,323 | 6,602 | 6,603 | 7,658 | 8,349 | 10,259 |
| Reserves | 25.07 | −161 | −265 | −631 | −1,169 | −1,629 | −2,349 | −3,166 | −4,162 |
| Borrowings | 2,401 | 2,618 | 6,393 | 14,594 | 13,364 | 14,530 | 19,316 | 20,126 | 21,372 |
| Other Liabilities | 120 | 58.28 | 358 | 781 | 804 | 754 | 1,169 | 1,177 | 2,311 |
| Total Liabilities | 5,391 | 5,360 | 11,807 | 20,066 | 19,601 | 20,257 | 25,793 | 26,486 | 29,778 |
| Fixed Assets | 5,040 | 4,999 | 10,834 | 16,430 | 16,888 | 17,890 | 22,749 | 22,089 | 23,762 |
| CWIP | 0.00 | 0.00 | 0.00 | 10.02 | 4.01 | 78.07 | 23.04 | 59.08 | 444 |
| Investments | 0.00 | 8.02 | 0.00 | 0.00 | 145 | 447 | 744 | 1,904 | 1,231 |
| Other Assets | 351 | 355 | 973 | 3,627 | 2,564 | 1,841 | 2,277 | 2,435 | 4,342 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.99 | 25.92 | 28.93 | 32.95 |
| Trade receivables | 106 | 114 | 246 | 298 | 391 | 418 | 803 | 708 | 781 |
| Cash & equivalents | 169 | 163 | 541 | 2,795 | 1,509 | 706 | 433 | 511 | 351 |
| Total Assets | 5,391 | 5,360 | 11,807 | 20,066 | 19,601 | 20,257 | 25,793 | 26,486 | 29,778 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 434 | 582 | 1,129 | 1,686 | 2,087 | 2,042 | 2,670 | 2,911 | 3,390 |
| Cash from investing activity | −4,629 | −230 | −6,098 | −5,900 | −1,517 | −2,120 | −6,105 | −1,782 | −2,950 |
| Cash from financing activity | 4,351 | −356 | 5,205 | 6,404 | −1,980 | −789 | 3,351 | −1,246 | −451 |
| Net cash flow | 167 | −7.01 | 248 | 2,202 | −1,421 | −873 | −83.06 | −127 | −20.04 |
| Capex | 4,488 | 225 | 5,926 | 5,509 | 1,107 | 1,788 | 3,236 | 766 | 3,914 |
| Free cash flow | −4,050 | 357 | −4,808 | −3,826 | 979 | 255 | −566 | 2,149 | −527 |
| CFO / OP % | 106.0% | 104.0% | 96.0% | 116.0% | 103.0% | 99.0% | 108.0% | 101.0% | 110.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 88 | 64 | 73 | 66 | 65 | 66 | 103 | 79 | 61 |
| Cash conversion cycle | 88 | 64 | 73 | 66 | 65 | 66 | 103 | 79 | 61 |
| Working capital days | −309 | 60 | −6 | −207 | −348 | −109 | −74 | −244 | −181 |
| ROCE % | — | 7.0% | 11.0% | 7.0% | 7.0% | 8.0% | 7.0% | 8.0% | 8.0% |
For the Jun 2026 quarter, IndiGrid Infrastructure Trust reported sales of ₹1,085 Cr, up 29.4% year on year and net profit of ₹247 Cr, up 227.7% year on year. The operating margin was 80.1%.
IndiGrid Infrastructure Trust's sales for the year to Mar 2026 were ₹4,755 Cr; over the last twelve months they were ₹5,003 Cr.
Net profit for the year to Mar 2026 was ₹401 Cr, and ₹572 Cr over the last twelve months. Earnings per share over the same trailing period were ₹6.06.
IndiGrid Infrastructure Trust reported borrowings of ₹21,372 Cr at Mar 2026, against cash and equivalents of ₹351 Cr.
Cash from operations was ₹3,390 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹527 Cr.