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 79.8
- Book Value ₹ 113
- Dividend Yield 2.42 %
- ROCE 3.28 %
- ROE -0.20 %
- Face Value ₹ 117
Pros
- Stock is trading at 1.10 times its book value
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -1.37% over last 3 years.
- Company might be capitalizing the interest cost
* 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 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| 94 | 243 | 257 | 457 | 843 | |
| 15 | 29 | 34 | 80 | 178 | |
| Operating Profit | 79 | 213 | 223 | 378 | 665 |
| OPM % | 84% | 88% | 87% | 83% | 79% |
| 6 | 9 | 11 | 16 | 10 | |
| Interest | 44 | 64 | 75 | 186 | 321 |
| Depreciation | 77 | 187 | 174 | 216 | 260 |
| Profit before tax | -36 | -28 | -16 | -9 | 94 |
| Tax % | -11% | 5% | 4% | -113% | |
| -32 | -30 | -16 | 1 | 60 | |
| EPS in Rs | -2.02 | -1.88 | -0.83 | -0.03 | 1.51 |
| Dividend Payout % | -118% | -129% | -295% | -11,049% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 70% |
| TTM: | 140% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| TTM: | 528% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -1% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 1,562 | 1,562 | 1,957 | 2,652 | 3,656 |
| Reserves | -52 | -236 | -407 | -617 | -769 |
| 742 | 744 | 1,916 | 5,044 | 5,583 | |
| 73 | 22 | 85 | 207 | 521 | |
| Total Liabilities | 2,326 | 2,093 | 3,552 | 7,285 | 8,991 |
| 2,098 | 1,912 | 3,265 | 6,022 | 7,952 | |
| CWIP | -0 | -0 | -0 | 9 | 4 |
| Investments | 131 | 68 | 81 | 207 | 421 |
| 97 | 113 | 205 | 1,047 | 614 | |
| Total Assets | 2,326 | 2,093 | 3,552 | 7,285 | 8,991 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 88 | 163 | 240 | 425 | |
| -1,492 | 69 | -1,527 | -3,196 | |
| 1,411 | -216 | 1,326 | 3,345 | |
| Net Cash Flow | 7 | 16 | 38 | 575 |
| Free Cash Flow | -1,257 | 161 | -1,287 | -2,479 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 119% | 77% | 109% | 111% |
Ratios
Consolidated / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 5 | -0 | -0 | 29 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 5 | -0 | -0 | 29 |
| Working Capital Days | -11 | 75 | -603 | -450 |
| ROCE % | 1% | 2% | 3% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| DMTCL Transmission Line Availability % ・Standalone data |
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| NRSS Transmission Line Availability % ・Standalone data |
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| Assets Under Management (AUM) INR Bn |
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| Interstate Transmission Collection Ratio % ・Standalone data |
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| ROFO Renewable Portfolio Plant Load Factor (DC) % ・Standalone data |
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| Solar Plant Load Factor (SUPL) % ・Standalone data |
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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.