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 28.8
- Book Value ₹ 89.4
- Dividend Yield 8.99 %
- ROCE 5.83 %
- ROE 4.45 %
- Face Value ₹ 100
Pros
- Debtor days have improved from 56.9 to 16.3 days.
- Company's working capital requirements have reduced from 162 days to 50.0 days
Cons
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 3.03% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 175 | 722 | 728 | |
| 46 | 120 | 131 | |
| Operating Profit | 129 | 602 | 597 |
| OPM % | 74% | 83% | 82% |
| 12 | 79 | 57 | |
| Interest | 66 | 277 | 256 |
| Depreciation | 66 | 293 | 286 |
| Profit before tax | 9 | 111 | 112 |
| Tax % | -50% | -25% | -20% |
| 14 | 139 | 134 | |
| EPS in Rs | 0.42 | 4.29 | 4.14 |
| Dividend Payout % | 0% | 119% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 3,240 | 3,240 | 3,240 |
| Reserves | 18 | -119 | -343 |
| 3,427 | 3,335 | 3,281 | |
| 857 | 821 | 841 | |
| Total Liabilities | 7,542 | 7,277 | 7,019 |
| 6,778 | 6,495 | 6,250 | |
| CWIP | 8 | 21 | 0 |
| Investments | 0 | 291 | 64 |
| 757 | 470 | 704 | |
| Total Assets | 7,542 | 7,277 | 7,019 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 87 | 638 | 617 | |
| -126 | -23 | 294 | |
| -60 | -644 | -668 | |
| Net Cash Flow | -99 | -29 | 243 |
| Free Cash Flow | 82 | 619 | 587 |
| CFO/OP | 69% | 106% | 104% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 132 | 22 | 16 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 132 | 22 | 16 |
| Working Capital Days | 232 | 204 | 50 |
| ROCE % | 6% | 6% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Operational Capacity (AC) MW |
|
|
| Net Generation GWh |
||
| Portfolio Grid Availability % |
||
| Portfolio Plant Availability % |
||
| Portfolio Plant Load Factor (PLF) AC % |
||
Extracted by Screener AI
Documents
Announcements
-
Disclosure of Valuation report
20 May 2026 - Submitted FY2026 valuation report and NAV; unit NAV rose to 115.31.
-
Updates
20 May 2026 - SEIT approved FY26 results, Rs 2.44062 per unit distribution, record date May 23, 2026.
-
Updates
20 May 2026 - SEIT reports 100% or higher security cover and compliant debt covenants for year ended March 31, 2026.
-
Updates
20 May 2026 - Secretarial Compliance Report for FY ended March 31, 2026 submitted.
-
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.