Intelligent Supply Chain Infrastructure Trust
Incorporated in 2023, Intelligent Supply Chain Infrastructure Trust is an InvIT with the registered with the SEBI[1]
- Market Cap ₹ 3,901 Cr.
- Current Price ₹ 128
- High / Low ₹ 128 / 125
- Stock P/E
- Book Value ₹ 66.5
- Dividend Yield 9.95 %
- ROCE 3.61 %
- ROE -5.64 %
- Face Value ₹ 100
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -3.00% over last 3 years.
- Company has high debtors of 159 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 617 | 1,338 | 1,380 | 1,380 | |
| 203 | 542 | 623 | 547 | |
| Operating Profit | 414 | 796 | 757 | 833 |
| OPM % | 67% | 59% | 55% | 60% |
| 5 | 21 | 15 | 10 | |
| Interest | 153 | 332 | 296 | 285 |
| Depreciation | 258 | 581 | 594 | 595 |
| Profit before tax | 7 | -97 | -118 | -37 |
| Tax % | 0% | 0% | 0% | |
| 7 | -97 | -118 | -37 | |
| EPS in Rs | 0.24 | -3.17 | -3.87 | -1.22 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -3% |
| Last Year: | -6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 3,048 | 3,048 | 3,048 |
| Reserves | -137 | -571 | -1,022 |
| 2,808 | 2,585 | 2,277 | |
| 78 | 49 | 555 | |
| Total Liabilities | 5,797 | 5,110 | 4,858 |
| 4,814 | 4,284 | 3,626 | |
| CWIP | 0 | 0 | 0 |
| Investments | 107 | 68 | 39 |
| 877 | 758 | 1,193 | |
| Total Assets | 5,797 | 5,110 | 4,858 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 420 | 1,007 | 925 | |
| -5,193 | -96 | 9 | |
| 4,784 | -921 | -935 | |
| Net Cash Flow | 11 | -10 | -0 |
| Free Cash Flow | -4,584 | 856 | 896 |
| CFO/OP | 106% | 126% | 122% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 3 | 0 | 159 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 3 | 0 | 159 |
| Working Capital Days | -0 | -26 | 42 |
| ROCE % | 4% | 4% |
Insights
In beta| Aug 2023 | Jun 2025 | |
|---|---|---|
| Aggregate warehouse area million sq ft |
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| Number of cities with warehouse presence count |
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| RRVL retail space (anchor tenant scale) million sq ft |
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| RRVL retail stores (anchor tenant network) count |
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| Weighted average balance lease term years |
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| Number of warehouses count |
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Extracted by Screener AI
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
- InvIT Committee meeting on September 18, 2026 to consider distribution for quarter ending September 30, 2026.
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Reg 23(5)(d): Disclosure of details of any credit rating obtained by the InvIT and any change in such rating
- CARE Ratings reaffirmed ISCITRUST issuer rating at CARE AAA; Stable on August 26, 2026.
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Reg 23(5)(i): Disclosure of material issue
- Board approved Q1 FY27 results and appointed Narendra Kansan CFO from Sept. 1, 2026; Roshan Jha exits Aug. 31.
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Reg 23(5)(i): Disclosure of material issue
- Board meeting on August 11, 2026 to approve Q1 FY2027 unaudited standalone and consolidated financials.
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Reg 23(5)(g): Outcome of Unitholder meetings
- Third AGM on July 27, 2026 approved FY26 financial statements and valuation report.
Annual reports
No data available.
Business Overview:[1]
a) ISCIT was established by Reliance Retail Ventures Limited (RRVL) as a contributory irrevocable trust, on August 17th, 2021, under an Indenture of Trust executed between the sponsor and Axis Trustee Services Limited.
b) ISCIT was registered as an infrastructure investment trust (InvIT) on February 27, 2023, under SEBI InvIT Regulations.
c) RRVL holds 51% of units issued by ISCIT, whereas 35.88% of units are held by RIL promoter group companies – Jamnagar Utilities and Power Private Limited and Sikka Ports and Terminals Limited.
d) ISCIT’s units got listed on BSE on October 26th, 2023.
e) ISCIT acquired a 100% equity stake in its
sole SPV, ISCIMPL on October 25, 2023