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 13.8
- Book Value ₹ 101
- Dividend Yield 6.94 %
- ROCE 8.38 %
- ROE 8.54 %
- Face Value ₹ 100
Pros
- Stock is trading at 1.18 times its book value
- Stock is providing a good dividend yield of 6.94%.
Cons
- Tax rate seems low
- Company has a low return on equity of 7.09% over last 3 years.
- Earnings include an other income of Rs.638 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 | TTM | |
|---|---|---|---|---|---|---|
| 326 | 519 | 729 | 0 | 0 | 0 | |
| 36 | 78 | 111 | 20 | 97 | 98 | |
| Operating Profit | 290 | 441 | 617 | -20 | -97 | -98 |
| OPM % | 89% | 85% | 85% | |||
| 57 | 13 | 31 | 129 | 648 | 638 | |
| Interest | 187 | 235 | 349 | 54 | 272 | 260 |
| Depreciation | 130 | 137 | 204 | 0 | 0 | 0 |
| Profit before tax | 29 | 81 | 95 | 55 | 279 | 281 |
| Tax % | -42% | 20% | 17% | 0% | 0% | |
| 42 | 65 | 78 | 55 | 279 | 280 | |
| EPS in Rs | 1.70 | 8.61 | 8.65 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 59% |
| Compounded Sales Growth | |
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| TTM: | % |
| Compounded Profit Growth | |
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| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 63% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 326 | 330 | 330 | 3,240 | 3,240 | 3,240 |
| Reserves | 96 | 232 | 310 | 24 | 28 | 20 |
| 2,875 | 4,194 | 4,604 | 3,366 | 3,276 | 3,250 | |
| 605 | 1,141 | 649 | 2 | 1 | 2 | |
| Total Liabilities | 3,902 | 5,897 | 5,893 | 6,632 | 6,545 | 6,511 |
| 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 | 1,943 |
| 360 | 623 | 691 | 4,757 | 4,744 | 4,568 | |
| Total Assets | 3,902 | 5,897 | 5,893 | 6,632 | 6,545 | 6,511 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 402 | 455 | 704 | -21 | -14 | |
| -1,037 | -1,571 | -801 | -4,625 | 651 | |
| 616 | 1,172 | 52 | 4,647 | -638 | |
| Net Cash Flow | -18 | 57 | -46 | 1 | -1 |
| Free Cash Flow | -729 | -1,086 | 22 | -21 | -14 |
| CFO/OP | 139% | 104% | 115% | 107% | 14% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 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% |
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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Updates
30 April 2026 - SEIT filed annual large-corporate disclosure for FY2026, reporting Rs 3,288.56 crore outstanding borrowing.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
21 April 2026 - Corporate governance report filed for quarter and year ended March 31, 2026; board and committees compliant.
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Disclosure of Unitholding pattern
17 April 2026 - Submitted unit holding pattern for Sustainable Energy Infra Trust as on March 31, 2026.
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Disclosure of all complaints including SCORES complaints received by the InvIT on a quarterly basis
17 April 2026 - Investor complaint report for quarter and year ended March 31, 2026 shows zero complaints for units and debt securities.
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Disclosure of details of any credit rating obtained by the InvIT and any change in such rating
16 April 2026 - SEIT’s AAA/Stable ratings reaffirmed on April 16, 2026 for ₹3,400 crore loans and ₹7,500 crore NCDs.
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.