Sustainable Energy Infra Trust
Incorporated in 2023, Sustainable Energy Infra Trust operates as an infrastructure investment trust[1]
- Market Cap ₹ 3,856 Cr.
- Current Price ₹ 119
- High / Low ₹ 130 / 108
- Stock P/E 11.8
- Book Value ₹ 99.9
- Dividend Yield 8.99 %
- ROCE 8.93 %
- ROE 10.1 %
- Face Value ₹ 100
Pros
- Stock is trading at 1.19 times its book value
- Company has delivered good profit growth of 158% CAGR over last 5 years
Cons
- Tax rate seems low
- Company has a low return on equity of 7.82% over last 3 years.
- Earnings include an other income of Rs.630 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 326 | 519 | 729 | 0 | 0 | 0 | |
| 36 | 78 | 111 | 20 | 97 | 50 | |
| Operating Profit | 290 | 441 | 617 | -20 | -97 | -50 |
| OPM % | 89% | 85% | 85% | |||
| 57 | 13 | 31 | 129 | 648 | 630 | |
| Interest | 187 | 235 | 349 | 54 | 272 | 252 |
| Depreciation | 130 | 137 | 204 | 0 | 0 | 0 |
| Profit before tax | 29 | 81 | 95 | 55 | 279 | 328 |
| Tax % | -42% | 20% | 17% | 0% | 0% | 0% |
| 42 | 65 | 78 | 55 | 279 | 328 | |
| EPS in Rs | 1.70 | 8.61 | 10.12 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 59% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 158% |
| 3 Years: | 61% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 326 | 330 | 330 | 3,240 | 3,240 | 3,240 |
| Reserves | 96 | 232 | 310 | 24 | 28 | -3 |
| 2,875 | 4,194 | 4,604 | 3,366 | 3,276 | 3,224 | |
| 605 | 1,141 | 649 | 2 | 1 | 2 | |
| Total Liabilities | 3,902 | 5,897 | 5,893 | 6,632 | 6,545 | 6,463 |
| 2,262 | 4,098 | 5,201 | 0 | 0 | 0 | |
| CWIP | 1,280 | 1,177 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1,875 | 1,801 | 1,945 |
| 360 | 623 | 691 | 4,757 | 4,744 | 4,518 | |
| Total Assets | 3,902 | 5,897 | 5,893 | 6,632 | 6,545 | 6,463 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 402 | 455 | 704 | -21 | -14 | -15 | |
| -1,037 | -1,571 | -801 | -4,625 | 651 | 684 | |
| 616 | 1,172 | 52 | 4,647 | -638 | -663 | |
| Net Cash Flow | -18 | 57 | -46 | 1 | -1 | 6 |
| Free Cash Flow | -729 | -1,086 | 22 | -21 | -14 | -15 |
| CFO/OP | 139% | 104% | 115% | 107% | 14% | 30% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 86 | 81 | 41 | |||
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 86 | 81 | 41 | |||
| Working Capital Days | -585 | -549 | -157 | |||
| ROCE % | 8% | 9% | 2% | 8% | 9% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Operational Capacity (AC) MW |
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| Net Generation GWh |
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| Portfolio Grid Availability % |
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| Portfolio Plant Availability % |
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| Portfolio Plant Load Factor (PLF) AC % |
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Extracted by Screener AI
Documents
Announcements
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Disclosure of Valuation report
20 May 2026 - Submitted FY2026 valuation report and NAV; unit NAV rose to 115.31.
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Updates
20 May 2026 - SEIT approved FY26 results, Rs 2.44062 per unit distribution, record date May 23, 2026.
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Updates
20 May 2026 - SEIT reports 100% or higher security cover and compliant debt covenants for year ended March 31, 2026.
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Updates
20 May 2026 - Secretarial Compliance Report for FY ended March 31, 2026 submitted.
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Record Date
20 May 2026 - SEIT approved FY26 results, declared ₹2.44062/unit distribution; record date May 23, 2026.
Annual reports
No data available.
Business Overview:[1]
SEIT is a renewable energy infrastructure investment trust (InvIT) sponsored by Mahindra Susten Pvt Ltd and Ontario Teachers’ Pension Plan (OTPP). The trust is managed by Sustainable Energy Infra Investment Managers Pvt Ltd as the investment manager, Green Energy Infra Project Managers Pvt Ltd as the project manager, and Axis Trustee Services Ltd as the trustee.
SEIT holds an operational solar portfolio of 1.13 GW (AC) across 8 projects in 5 states. The company has strategically aligned its portfolio to focus primarily on central counterparties and state distribution companies (discoms) with a proven track record of timely payments.