Flash Finance

IndiGrid Infrastructure TrustINDIGRIDCorporate

Power Generation And Supply Latest results: Mar 2026 14 quarters of data
Consolidated Standalone
₹169.23
MCap ₹16,120 Cr · P/E 40.4
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹2,240 Cr
Sales · Mar 2026
+156.3% YoY
₹889 Cr
Operating Profit · Mar 2026
+25.2% YoY
39.7%
OPM % · Mar 2026
-51.1% YoY
₹185 Cr
Net Profit · Mar 2026
+58.1% YoY
₹1.91
EPS · Mar 2026
+40.4% YoY

📝 IndiGrid Infrastructure Trust — results explained

Quarter ended March 2026 (Q4 FY26)

IndiGrid Infrastructure Trust reported revenue of ₹2,240 crore for the quarter ended March 2026 (Q4 FY26), up 156.3% from ₹874 crore in the same quarter last year, and up 159.9% sequentially over the December 2025 quarter.

Net profit rose 58.1% year-on-year to ₹185 crore, from ₹117 crore. Earnings per share (EPS) came in at ₹1.91.

Operating profit stood at ₹889 crore — an operating margin (OPM) of 39.7%, compared with 81.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, IndiGrid Infrastructure Trust posted revenue of ₹4,769 crore, a growth of 43.8% over FY25, with a net profit of ₹399 crore (down 2.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹4,769 crore with a net profit of ₹399 crore.

Valuation snapshot

At the current price of ₹169.23, INDIGRID has a market capitalisation of ₹16,120 crore and a trailing P/E of about 40.4.

Within the Power Generation And Supply industry, it is the largest of the 14 companies we track by market value.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹16,120 Cr
Current Price ?
₹169.2
P/E ?
40.40above ind
Industry P/E ?
18.10
P/B ?
2.65
P/S ?
3.38
P/FCF ?
-40.50
Enterprise Value ?
₹37,479 Cr
EV/EBITDA ?
12.24
PEG ?
N/A
Earnings Yield ?
5.1%
Dividend Yield ?
12.88%
Profitability & Returns
Sales (TTM) ?
₹4,769 Cr
OPM ?
64.2%
Profit after tax (TTM) ?
₹399 Cr
EPS (TTM) ?
₹4.19
ROCE ?
8.0%
ROE ?
6.6%
ROA ?
1.3%
Growth
Sales — latest qtr ?
₹2,240 Cr
PAT — latest qtr ?
₹185 Cr
YoY qtr sales growth ?
156.3%
YoY qtr profit growth ?
58.1%
Sales growth (3y) ?
27%
Sales growth (5y) ?
23%
Profit growth (3y) ?
-2%
Profit growth (5y) ?
3%
Financial Health
Debt ?
₹21,359 Cr
Debt to Equity ?
3.52
Interest Coverage ?
1.2
Current Ratio ?
N/A
Ownership
Promoter holding ?
N/A
Change in promoter holding ?
N/A
Pledged percentage ?
N/A
Market
Return 3 months ?
-5.4%
Return 6 months ?
-2.1%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 6075996297167548128358367728748408278622,240 +156.3% +159.9%
Operating Profit 552533565576675671759759692710696714763889 +25.2% +16.5%
Other Income 0262543412384324633374667 +45.7% +45.7%
Interest 251253285321350352377384370363380425407439 +20.9% +7.9%
Depreciation 174181191222262264273276279273275291292287 +5.1% -1.7%
Profit Before Tax 127124115379766146103751207435110230 +91.7% +109.1%
Net Profit 12013710739925813799581177539100185 +58.1% +85.0%
EPS 1.681.931.490.491.200.711.711.220.661.360.870.521.121.91 +40.4% +70.5%
OPM % 90.9% 88.9% 89.9% 80.4% 89.5% 82.6% 90.9% 90.8% 89.6% 81.2% 82.9% 86.3% 88.5% 39.7% -51.1% -55.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹3,317 Cr ₹4,769 Cr ₹4,769 Cr +43.8%
Operating Profit ₹2,920 Cr ₹3,062 Cr ₹3,062 Cr +4.9%
OPM % 88.03% 64.21% 64.21% -27.1%
NPM % 12.39% 8.37% 8.37% -32.4%
Other Income ₹120 Cr ₹183 Cr ₹183 Cr +52.5%
Depreciation ₹1,101 Cr ₹1,145 Cr ₹1,145 Cr +4.0%
Interest ₹1,494 Cr ₹1,651 Cr ₹1,651 Cr +10.5%
EBIT ₹1,819 Cr ₹1,917 Cr ₹1,917 Cr +5.4%
PBT ₹444 Cr ₹449 Cr ₹449 Cr +1.1%
Tax — — — —
Net Profit ₹411 Cr ₹399 Cr ₹399 Cr -2.9%
EPS ₹4.95 ₹4.42 ₹4.42 -10.7%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 6,5907,6458,33210,244 +22.9%
Reserves -1,633-2,355-3,174-4,171 -31.4%
Borrowings 14,50519,30420,09721,359 +6.3%
Other Liabilities 7501,1631,1712,300 +96.4%
Total Liabilities 20,21225,75726,42729,731 +12.5%
Fixed Assets 17,84122,71022,02823,708 +7.6%
CWIP 782359443 +650.8%
Investments 4467421,9001,228 -35.4%
Other Assets 1,8472,2822,4414,353 +78.3%
Total Assets 20,21225,75726,42729,731 +12.5%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 2,0372,6632,9023,377 +16.4%
Cash from Investing Activity -2,119-6,102-1,780-2,945 -65.4%
Cash from Financing Activity -7903,356-1,249-452 +63.8%
Net Cash Flow -872-83-127-20 +84.3%
Free Cash Flow 254-5642,141-398 -118.6%
CFO/OP 99%108%101%111% +9.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 651027860 -23.1%
Inventory Days ———9 —
Days Payable ———282 —
Cash Conversion Cycle 6510278-213 -373.1%
Working Capital Days -109-74-244-93 +61.9%
ROCE % 8%7%8%8% +0.0%

⚖️ Peer comparison

Industry: Power Generation And Supply · 14 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 INDIGRID Indigrid Infrastructure ₹140.06 13,342 33.0 4,769 399 64.2% 8.4% 43.8% -2.9% 156.3% 58.1%
2 JPPOWER Jaiprakash Power ₹16.93 11,603 23.9 5,756 642 26.5% 11.1% 1.8% -44.6% 12.2% 68.6%
3 PGINVIT POWERGRID Infrastructure ₹95.96 8,732 5.6 2,203 1,574 103.9% 71.4% 74.1% 34.8% -0.5% -3.1%
4 RPOWER Reliance Power ₹19.81 8,193 — 7,620 -380 31.0% -5.0% 0.5% -113.7% -4.6% -387.4%
5 RTNPOWER RattanIndia Power ₹6.75 3,625 32.1 2,968 111 14.6% 3.8% -8.9% -76.3% -2.8% 449.7%
6 GIPCL Gujarat Industries ₹185.14 2,874 5.7 1,619 503 41.2% 31.1% 22.1% 107.1% 34.4% 174.8%
7 BFUTILITIE BF Utilities ₹520.35 1,960 — 19 -9 -56.8% -48.5% -91.7% -97.8% 2.0% -178.3%
8 BHAGYANGR Bhagyanagar India ₹425.25 1,424 21.7 2,598 62 4.9% 2.4% 46.4% 240.8% 45.2% 167.4%
9 GREENPOWER Orient Green ₹9.21 1,080 16.7 295 67 63.1% 22.7% -18.6% 22.1% 9368.6% 10508.7%
10 DPSCLTD India Power ₹7.07 688 55.0 683 13 0.5% 1.9% 10.1% 82.5% 21.5% 321.4%
11 SURANAT&P Surana Telecom ₹15.57 211 7.0 60 30 -5.1% 50.2% 281.9% -7.7% -15.6% 349.4%
12 INDOWIND Indowind Energy ₹9.05 146 — 37 -0 32.4% -1.3% -92.1% 100.0% -28.1% -18.3%
13 ENERGYDEV Energy Development ₹14.08 67 — 42 -4 54.6% -9.0% 39.4% 100.0% -36.6% -190.6%
14 KARMAENG Karma Energy ₹40.61 47 52.7 10 1 -21.3% 9.0% 12.2% -31.6% 4.7% -27.8%
❓ Frequently asked questions
What was IndiGrid Infrastructure Trust's revenue in Q4 FY26?
IndiGrid Infrastructure Trust reported revenue of ₹2,240 crore for the quarter ended March 2026 (Q4 FY26), up 156.3% from ₹874 crore in the same quarter last year, and up 159.9% sequentially over the December 2025 quarter.
What was IndiGrid Infrastructure Trust's net profit in Q4 FY26?
Net profit rose 58.1% year-on-year to ₹185 crore, from ₹117 crore. Earnings per share (EPS) came in at ₹1.91.
What is INDIGRID's market capitalisation and P/E ratio?
At the current price of ₹169.23, INDIGRID has a market capitalisation of ₹16,120 crore and a trailing P/E of about 40.4.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI