Anzen India Energy Yield Plus Trust
Anzen India Energy Yield Plus Trust is a diversified and growth-oriented energy InvIT focusing on high quality energy assets, with an initial AuM of over INR 2,300 cr. The Trust would be looking to invest in a diversified portfolio of energy assets including transmission lines and renewable power projects to provide long term predictable yield and growth to its investors.
- Market Cap ₹ 3,171 Cr.
- Current Price ₹ 124
- High / Low ₹ 134 / 114
- Stock P/E 11.8
- Book Value ₹ 143
- Dividend Yield 2.42 %
- ROCE 8.28 %
- ROE 9.04 %
- Face Value ₹ 117
Pros
- Stock is trading at 0.87 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 30.7%
Cons
- Tax rate seems low
- Company has a low return on equity of 8.84% over last 3 years.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| 67 | 213 | 219 | 376 | 497 | |
| 1 | 2 | 4 | 5 | 13 | |
| Operating Profit | 66 | 211 | 215 | 370 | 484 |
| OPM % | 98% | 99% | 98% | 99% | 97% |
| 4 | 4 | 4 | 6 | 0 | |
| Interest | 21 | 64 | 69 | 163 | 214 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 48 | 151 | 150 | 214 | 271 |
| Tax % | 3% | 1% | 1% | 0% | |
| 47 | 150 | 148 | 213 | 269 | |
| EPS in Rs | 2.97 | 9.47 | 7.54 | 8.34 | 11.14 |
| Dividend Payout % | 81% | 26% | 32% | 34% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 78% |
| TTM: | 64% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1,562 | 1,562 | 1,957 | 2,652 | 3,656 |
| Reserves | 27 | 23 | 16 | 19 | -11 |
| 742 | 744 | 1,895 | 2,486 | 3,662 | |
| 4 | 2 | 18 | 13 | 24 | |
| Total Liabilities | 2,336 | 2,331 | 3,886 | 5,170 | 7,330 |
| 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 1,186 | 1,184 | 1,717 | 2,968 | 3,952 |
| 1,150 | 1,148 | 2,169 | 2,201 | 3,378 | |
| Total Assets | 2,336 | 2,331 | 3,886 | 5,170 | 7,330 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 1 | -5 | -5 | -5 | |
| -1,434 | 220 | -1,319 | -905 | |
| 1,434 | -216 | 1,331 | 904 | |
| Net Cash Flow | 0 | 0 | 6 | -6 |
| Free Cash Flow | 1 | -5 | -5 | -5 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 4% | -2% | -2% | -1% |
Ratios
Standalone / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 |
| Working Capital Days | -23 | -4 | -800 | 5 |
| ROCE % | 9% | 7% | 8% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| DMTCL Transmission Line Availability % |
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| NRSS Transmission Line Availability % |
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| Assets Under Management (AUM) INR Bn |
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| Interstate Transmission Collection Ratio % |
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| ROFO Renewable Portfolio Plant Load Factor (DC) % |
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| Solar Plant Load Factor (SUPL) % |
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Extracted by Screener AI
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
- Disclosed related party transactions for half year ended September 30, 2026.
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Compliances-Reg. 54 - Asset Cover details
- Security cover maintained for quarter ended September 30, 2026, with auditor certificate enclosed.
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Reg 23(5)(i): Disclosure of material issue
- Anzen reports ₹6,953.95 million utilized from preferential issue proceeds; ₹10.48 million unutilized as of Sept. 30, 2026.
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Reg 18(6): Disclosure of record date for purpose of distribution
- Board approved Q2 FY27 financials and Rs 3.00 per unit distribution; record date November 4, 2026.
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Reg 23(5)(i): Disclosure of material issue
- Submitted valuation report; Anzen NAV was ₹129.61 per unit as of September 30, 2026.
Annual reports
No data available.
Concalls
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Jan 2026PPT
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Nov 2025PPT
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Jul 2025Transcript
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Feb 2025PPT
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Jun 2023PPT
Business Overview:[1]
Anzen builds high-quality portfolio of energy assets in India. It is focused on generating
total returns through long term predictable
yield & value accretive growth. It is managed
by Edelweiss Real Assets Managers, part of
the Edelweiss Alternatives business.