NDR INVIT Trust
Incorporated in 2023, NDR InvIT is an infrastructure investment trust which provides logistics and warehousing solutions[1]
- Market Cap ₹ 5,214 Cr.
- Current Price ₹ 132
- High / Low ₹ 140 / 106
- Stock P/E 45.2
- Book Value ₹ 95.5
- Dividend Yield 2.82 %
- ROCE 3.25 %
- ROE 3.04 %
- Face Value ₹ 100
Pros
- Company is expected to give good quarter
Cons
- Tax rate seems low
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 27 | 145 | 209 | |
| 0 | 1 | 2 | |
| Operating Profit | 27 | 144 | 207 |
| OPM % | 100% | 99% | 99% |
| 0 | 11 | 21 | |
| Interest | 0 | 29 | 113 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 27 | 126 | 116 |
| Tax % | 0% | 1% | |
| 27 | 125 | 115 | |
| EPS in Rs | 0.71 | 3.23 | 2.94 |
| Dividend Payout % | 0% | 209% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 67% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 3,818 | 3,691 | 3,725 |
| Reserves | 27 | 182 | 59 |
| 0 | 1,367 | 1,355 | |
| 18 | 6 | 5 | |
| Total Liabilities | 3,863 | 5,246 | 5,143 |
| 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 |
| Investments | 2,931 | 3,655 | 3,581 |
| 932 | 1,591 | 1,561 | |
| Total Assets | 3,863 | 5,246 | 5,143 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 45 | -30 | |
| -3,816 | -1,261 | |
| 3,818 | 1,244 | |
| Net Cash Flow | 47 | -48 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 0 | 0 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 0 | 0 |
| Working Capital Days | 11,485 | 3,892 |
| ROCE % | 3% |
Insights
In beta| Mar 2024 | Sep 2025 | |
|---|---|---|
| Assets Under Management (AUM) - Total Leasable Area mn sq. ft. |
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| Assets Under Right of First Offer (ROFO) Projects mn sq. ft. |
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| Number of Clientele Units |
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| Under Construction / Future Development Area mn sq. ft. |
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| Weighted Average Lease Expiry (WALE) Years |
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| Number of Warehouses Units |
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Documents
Announcements
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Updates
13 February 2026 - Q3 FY26 investor presentation: Revenue INR1,059mn, EBITDA INR960mn, DPU 1.875; distribution Feb 21, 2026.
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Press Release
12 February 2026 - Acquired 1.78 mn sq ft Hosur asset for ~₹285 Cr; Q3 FY26 revenue ₹105.89 Cr; proposed distribution ₹74.3 Cr.
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Outcome of Board Meeting
11 February 2026 - Declared Rs1.875/unit distribution; proposed Hosur warehouse acquisition for Rs2,850mn; approved debt issuance up to Rs6,200mn.
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Record Date
11 February 2026 - Declared Rs1.875/unit distribution (record Feb16); proposed Hosur warehouse acquisition Rs2,850m; debt issuance approved up to Rs6,200m.
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Updates
5 February 2026 - Board meeting Feb 11, 2026 to approve unaudited quarter and 9M results ended Dec 31, 2025; distribution record date Feb 16.
Annual reports
No data available.
Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Jan 2025TranscriptAI SummaryPPT
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Dec 2024TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
Asset Overview[1][2]
As on Q2FY26, the trust has acquired 37 industrial parks, 60+ wharehouses with a total leasable area of 19.2 million square feet (msf), 8.75 msf ROFO projects, 100+ clientele located across 15 cities in India. The portfolio has healthy weighted average lease expiry (WALE) of 10.7 years, with about 19.5% of the area coming up for lease renewal in FY26.