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 ₹ 1,608 Cr.
- Current Price ₹ 102
- High / Low ₹ 103 / 100
- Stock P/E
- Book Value ₹ 95.6
- Dividend Yield %
- ROCE %
- ROE %
- Face Value ₹
Pros
- Stock is trading at 1.06 times its book value
Cons
- Company has low interest coverage ratio.
* 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
Sector: Power Infrastructure Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | TTM | |
|---|---|---|
| 94 | 251 | |
| 15 | 30 | |
| Operating Profit | 79 | 221 |
| OPM % | 84% | 88% |
| 6 | 2 | |
| Interest | 44 | 64 |
| Depreciation | 77 | 190 |
| Profit before tax | -36 | -31 |
| Tax % | 11% | |
| -32 | -30 | |
| EPS in Rs | -2.02 | -1.88 |
| Dividend Payout % | -118% |
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| 1 Year: | -1% |
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Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | |
|---|---|
| Equity Capital | 1,562 |
| Reserves | -52 |
| 742 | |
| 73 | |
| Total Liabilities | 2,326 |
| 2,098 | |
| CWIP | 0 |
| Investments | 131 |
| 97 | |
| Total Assets | 2,326 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | |
|---|---|
| 88 | |
| -1,492 | |
| 1,411 | |
| Net Cash Flow | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | |
|---|---|
| Debtor Days | 5 |
| Inventory Days | |
| Days Payable | |
| Cash Conversion Cycle | 5 |
| Working Capital Days | -11 |
| ROCE % |
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. The company has a mature operating asset portfolio of 2 transmission projects : Operating history ~6 years, Balance tenor ~29 years. The company has Right of First Offer (“ROFO”) on 12 solar projects : ~813 MWp.