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 ₹ 3,810 Cr.
- Current Price ₹ 125
- High / Low ₹ 125 / 120
- Stock P/E
- Book Value ₹ 66.5
- Dividend Yield 7.99 %
- ROCE 3.80 %
- ROE -5.24 %
- Face Value ₹ 100
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -2.69% 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 | |
|---|---|---|---|
| 617 | 1,338 | 1,380 | |
| 203 | 542 | 623 | |
| Operating Profit | 414 | 796 | 757 |
| OPM % | 67% | 59% | 55% |
| 5 | 21 | 15 | |
| Interest | 153 | 332 | 296 |
| Depreciation | 258 | 581 | 594 |
| Profit before tax | 7 | -97 | -118 |
| Tax % | 0% | 0% | 0% |
| 7 | -97 | -118 | |
| EPS in Rs | 0.24 | -3.17 | -3.87 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -3% |
| Last Year: | -5% |
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 | -7 | 52 |
| ROCE % | 4% | 4% |
Insights
In beta| Aug 2023 | Jun 2025 | |
|---|---|---|
| Aggregate Warehouse Area million sq ft |
|
|
| Anchor Tenant (RRVL) Stores Count Number ・Standalone data |
||
| Anchor Tenant Capacity Utilization Commitment % |
||
| Geographical Presence (Number of Cities) Number |
||
| Warehouse Use Agreement (WUA) Tenure Years |
||
| Number of Warehouses Number |
||
Extracted by Screener AI
Documents
Announcements
-
Reg 23(5)(i): Disclosure of material issue
19h - Trust approved FY26 audited standalone and consolidated results; profit ₹332.70 crore, unmodified audit opinion.
-
Reg 21: Disclosure of valuation report received by the manager
19h - Submitted March 31, 2026 valuation report; ISCIMPL enterprise value at 5,141 crore, adjusted 5,297 crore.
-
Reg 23(5)(i): Disclosure of material issue
11 May - Board meeting on May 20, 2026 to approve FY2025-26 audited standalone and consolidated financial information.
-
Reg 23(5)(d): Disclosure of details of any credit rating obtained by the InvIT and any change in such rating
21 Apr - CARE Ratings reaffirmed ISCITRUST issuer rating at CARE AAA; Stable on April 20, 2026.
-
Reg 26K: Quarterly Compliance Report on Corporate governance
21 Apr - Submitted quarterly corporate governance compliance report for quarter ended March 31, 2026.
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