NDR INVIT Trust
Incorporated in 2023, NDR InvIT is an infrastructure investment trust which provides logistics and warehousing solutions[1]
- Market Cap ₹ 5,415 Cr.
- Current Price ₹ 137
- High / Low ₹ 140 / 109
- Stock P/E 47.0
- Book Value ₹ 95.5
- Dividend Yield 2.71 %
- 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: | 28% |
| 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 |
| Free Cash Flow | 45 | -30 |
| CFO/OP | 165% | -21% |
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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Extracted by Screener AI
Documents
Announcements
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Outcome of Unitholder meetings
12 May 2026 - Unitholders approved preferential issuance of up to INR 8,000 million and 88,76,829 units on May 11, 2026.
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Notice of Unitholder meetings
9 May 2026 - Corrigendum II revises allottees for preferential issue of up to 6,24,01,829 units at Rs135.80 each.
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Notice of Unitholder meetings
9 May 2026 - Corrigendum II updates allottees for preferential issue of 6.24 crore units at Rs 135.80 each.
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Press Release
6 May 2026 - NDR InvIT inaugurates 1 lakh sq ft leased warehouse in Goa; portfolio there rises to 1.3 million sq ft.
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Notice of Unitholder meetings
5 May 2026 - Corrigendum revises postal ballot for preferential issue of up to 6.24 crore units, including 88.76 lakh swap units.
Annual reports
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.