NDR INVIT Trust
Incorporated in 2023, NDR InvIT is an infrastructure investment trust which provides logistics and warehousing solutions[1]
- Market Cap ₹ 5,386 Cr.
- Current Price ₹ 136
- High / Low ₹ 140 / 112
- Stock P/E 47.8
- Book Value ₹ 95.5
- Dividend Yield 3.70 %
- ROCE 4.18 %
- ROE 2.94 %
- Face Value ₹ 136
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 2.23% 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 27 | 145 | 214 | |
| 0 | 1 | 2 | |
| Operating Profit | 27 | 144 | 212 |
| OPM % | 100% | 99% | 99% |
| 0 | 11 | 13 | |
| Interest | 0 | 29 | 113 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 27 | 126 | 112 |
| Tax % | 0% | 1% | -1% |
| 27 | 125 | 113 | |
| EPS in Rs | 0.71 | 3.23 | 2.84 |
| Dividend Payout % | 0% | 209% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 3,818 | 3,691 | 3,656 |
| Reserves | 27 | 182 | 127 |
| 0 | 1,367 | 1,762 | |
| 18 | 6 | 173 | |
| Total Liabilities | 3,863 | 5,246 | 5,717 |
| 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 |
| Investments | 2,931 | 3,655 | 3,655 |
| 932 | 1,591 | 2,062 | |
| Total Assets | 3,863 | 5,246 | 5,717 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 45 | -30 | ||
| -3,816 | -1,261 | ||
| 3,818 | 1,244 | ||
| Net Cash Flow | 47 | -48 | |
| Free Cash Flow | 45 | -30 | |
| CFO/OP | 165% | -21% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 0 | 0 | 0 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 0 | 0 | 0 |
| Working Capital Days | 11,485 | 3,892 | 2,497 |
| ROCE % | 3% | 4% |
Insights
In beta| Mar 2024 | Sep 2025 | |
|---|---|---|
| Assets Under Management (AUM) - Total Leasable Area mn sq. ft. |
|
|
| Assets Under Right of First Offer (ROFO) Projects mn sq. ft. |
||
| Number of Clientele Units |
||
| Under Construction / Future Development Area mn sq. ft. |
||
| Weighted Average Lease Expiry (WALE) Years |
||
| Number of Warehouses Units |
||
Extracted by Screener AI
Documents
Announcements
-
Updates
30 May 2026 - NDR InvIT Trust issued Q4 FY26 presentation; revenue rose 30%, DPU 1.92, record date 2 June 2026.
-
Disclosure of Valuation report
30 May 2026 - NDR InvIT submitted March 31, 2026 valuation; NAV at ₹142.03 per unit, assets ₹82,199.38 million.
-
Updates
28 May 2026 - NDR InvIT Trust filed its Annual Secretarial Compliance Report for FY ended March 31, 2026.
-
Press Release
27 May 2026 - NDR InvIT Trust reported Q4 FY26 results, 99%+ occupancy, INR 1.92 per unit distribution, and 22.17 msf AUM.
-
Record Date
27 May 2026 - Board approved FY26 audited results and declared Rs.1.92 per unit distribution; record date June 2, 2026.
Annual reports
Concalls
-
May 2026TranscriptAI SummaryPPT
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025TranscriptAI SummaryPPT
-
Aug 2025TranscriptAI SummaryPPT
-
Aug 2025TranscriptAI SummaryPPT
-
May 2025TranscriptAI SummaryPPT
-
Feb 2025TranscriptAI SummaryPPT
-
Jan 2025TranscriptAI SummaryPPT
-
Dec 2024TranscriptAI SummaryPPT
-
Nov 2024TranscriptAI SummaryPPT
-
Oct 2024TranscriptAI SummaryPPT
-
Aug 2024TranscriptAI SummaryPPT
-
Jul 2024TranscriptAI SummaryPPT
-
Jun 2024TranscriptAI SummaryPPT
-
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.