Flash Finance

IndiGrid Infrastructure TrustINDIGRIDCorporate

Power Generation And Supply Latest results: Mar 2026 13 quarters of data
Consolidated Standalone
₹169.23
MCap ₹16,120 Cr · P/E 11.6
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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.
₹812 Cr
Sales · Mar 2026
+21.4% YoY
₹768 Cr
Operating Profit · Mar 2026
+37.6% YoY
94.6%
OPM % · Mar 2026
+13.4% YoY
₹386 Cr
Net Profit · Mar 2026
+59.5% YoY
₹4.05
EPS · Mar 2026
+39.2% YoY

📝 IndiGrid Infrastructure Trust — results explained

Quarter ended March 2026 (Q4 FY26)

IndiGrid Infrastructure Trust reported revenue of ₹812 crore for the quarter ended March 2026 (Q4 FY26), up 21.4% from ₹669 crore in the same quarter last year, and down 0.4% sequentially over the December 2025 quarter.

Net profit rose 59.5% year-on-year to ₹386 crore, from ₹242 crore. Earnings per share (EPS) came in at ₹4.05.

Operating profit stood at ₹768 crore — an operating margin (OPM) of 94.6%, compared with 83.4% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, IndiGrid Infrastructure Trust posted revenue of ₹3,101 crore, a growth of 13.2% over FY25, with a net profit of ₹1,393 crore (up 8.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹3,101 crore with a net profit of ₹1,393 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 11.6.

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 ?
11.57below ind
Industry P/E ?
18.10
P/B ?
1.51
P/S ?
5.20
P/FCF ?
-700.88
Enterprise Value ?
₹36,930 Cr
EV/EBITDA ?
12.78
PEG ?
1.05
Earnings Yield ?
7.8%
Dividend Yield ?
12.88%
Profitability & Returns
Sales (TTM) ?
₹3,101 Cr
OPM ?
93.2%
Profit after tax (TTM) ?
₹1,393 Cr
EPS (TTM) ?
₹14.62
ROCE ?
10.0%
ROE ?
13.0%
ROA ?
4.4%
Growth
Sales — latest qtr ?
₹812 Cr
PAT — latest qtr ?
₹386 Cr
YoY qtr sales growth ?
21.4%
YoY qtr profit growth ?
59.5%
Sales growth (3y) ?
12%
Sales growth (5y) ?
20%
Profit growth (3y) ?
11%
Profit growth (5y) ?
5%
Financial Health
Debt ?
₹20,810 Cr
Debt to Equity ?
1.95
Interest Coverage ?
1.8
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 (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 581607640695758679706685669696778815812 +21.4% -0.4%
Operating Profit 561522518572731745701609558677746698768 +37.6% +10.0%
Other Income 017000300212222201120 -9.1% +81.8%
Interest 254286321354347352361350340362394409397 +16.8% -2.9%
Depreciation 0000000000001 — —
Profit Before Tax 307252197218385423340279240338371300390 +62.5% +30.0%
Net Profit 307252197216385422338278242338371298386 +59.5% +29.5%
EPS 4.393.602.692.754.915.384.323.332.914.054.443.464.05 +39.2% +17.1%
OPM % 96.6% 85.9% 80.9% 82.3% 96.4% 109.7% 99.3% 88.9% 83.4% 97.3% 95.9% 85.6% 94.6% +13.4% +10.5%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹2,739 Cr ₹3,101 Cr ₹3,101 Cr +13.2%
Operating Profit ₹2,613 Cr ₹2,889 Cr ₹2,889 Cr +10.6%
OPM % 95.40% 93.16% 93.16% -2.3%
NPM % 46.73% 44.92% 44.92% -3.9%
Other Income ₹73 Cr ₹73 Cr ₹73 Cr +0.0%
Depreciation ₹0 Cr ₹1 Cr ₹1 Cr —
Interest ₹1,403 Cr ₹1,562 Cr ₹1,562 Cr +11.3%
EBIT ₹2,613 Cr ₹2,888 Cr ₹2,888 Cr +10.5%
PBT ₹1,282 Cr ₹1,399 Cr ₹1,399 Cr +9.1%
Tax — — — —
Net Profit ₹1,280 Cr ₹1,393 Cr ₹1,393 Cr +8.8%
EPS ₹15.94 ₹16.00 ₹16.00 +0.4%
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 330358440431 -2.0%
Borrowings 14,49318,14818,76820,810 +10.9%
Other Liabilities 233252106116 +9.4%
Total Liabilities 21,64626,40227,64631,601 +14.3%
Fixed Assets 7656 +20.0%
CWIP 0000 —
Investments 4,8067,0268,0097,158 -10.6%
Other Assets 16,83319,37119,63224,436 +24.5%
Total Assets 21,64626,40227,64631,601 +14.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -21-47-70-20 +71.4%
Cash from Investing Activity -675-2,5231,394-963 -169.1%
Cash from Financing Activity 1062,382-1,302978 +175.1%
Net Cash Flow -590-18822-5 -122.7%
Free Cash Flow -21-47-71-23 +67.6%
CFO/OP -1%-2%-3%-1% +66.7%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 0000 —
Cash Conversion Cycle 0000 —
Working Capital Days -90-35-53-6 +88.7%
ROCE % 10%10%10%10% +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 ₹812 crore for the quarter ended March 2026 (Q4 FY26), up 21.4% from ₹669 crore in the same quarter last year, and down 0.4% sequentially over the December 2025 quarter.
What was IndiGrid Infrastructure Trust's net profit in Q4 FY26?
Net profit rose 59.5% year-on-year to ₹386 crore, from ₹242 crore. Earnings per share (EPS) came in at ₹4.05.
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 11.6.
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