Sustainable Energy Infra Trust

Sustainable Energy Infra Trust

₹ 125 5.04%
30 Jan - close price
About

Incorporated in 2023, Sustainable Energy Infra Trust operates as an infrastructure investment trust[1]

Key Points

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.

  • Market Cap 4,050 Cr.
  • Current Price 125
  • High / Low 125 / 108
  • Stock P/E 32.6
  • Book Value 92.3
  • Dividend Yield 4.69 %
  • ROCE 5.91 %
  • ROE 4.35 %
  • Face Value 100

Pros

  • Debtor days have improved from 77.2 to 22.4 days.

Cons

  • Company has low interest coverage ratio.
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
0 175 206 160 165 191 201 162 172
6 31 31 30 29 30 30 33 33
Operating Profit -6 144 175 130 136 161 171 129 139
OPM % 82% 85% 81% 82% 84% 85% 80% 81%
0 12 13 20 28 18 14 15 14
Interest 0 66 69 70 69 69 65 69 62
Depreciation 0 66 73 73 74 72 73 74 74
Profit before tax -6 24 45 7 21 39 47 2 16
Tax % 0% -19% -15% -128% -39% -10% -7% -477% -39%
-6 28 52 16 29 42 51 9 22
EPS in Rs 0.88 1.59 0.48 0.90 1.31 1.57 0.27 0.69
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 TTM
175 722 725
46 120 125
Operating Profit 129 602 600
OPM % 74% 83% 83%
12 79 61
Interest 66 277 264
Depreciation 66 293 294
Profit before tax 9 111 103
Tax % -50% -25%
14 139 124
EPS in Rs 0.42 4.29 3.84
Dividend Payout % 0% 119%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -1%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Sep 2025
Equity Capital 3,240 3,240 3,240
Reserves 18 -119 -249
3,427 3,335 3,308
857 821 802
Total Liabilities 7,542 7,277 7,101
6,778 6,495 6,360
CWIP 8 21 22
Investments 0 291 257
757 470 463
Total Assets 7,542 7,277 7,101

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
87 638
-126 -23
-60 -644
Net Cash Flow -99 -29

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025
Debtor Days 132 22
Inventory Days
Days Payable
Cash Conversion Cycle 132 22
Working Capital Days 232 204
ROCE % 6%

Shareholding Pattern

Numbers in percentages

1 Recently

Shareholding pattern is currently not available for this company.

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