Shrem InvIT
InvIT was set-up for the purposes of carrying on the activity of an infrastructure investment trust and for making investments in the infrastructure projects SPVs or securities of Indian companies engaged in the infrastructure sector. Shrem Infra Structure Private Limited, is a part of the Shrem group.
- Market Cap ₹ 6,231 Cr.
- Current Price ₹ 102
- High / Low ₹ 110 / 91.1
- Stock P/E 13.1
- Book Value ₹ 64.3
- Dividend Yield 13.4 %
- ROCE 8.71 %
- ROE 10.8 %
- Face Value ₹ 100
Pros
- Stock is providing a good dividend yield of 13.6%.
- Company has delivered good profit growth of 170% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 149%
- Promoter holding has increased by 0.82% over last quarter.
Cons
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 10.2% over last 3 years.
- Promoters have pledged 48.4% of their holding.
- Promoter holding has decreased over last 3 years: -8.20%
* 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 | |
|---|---|---|---|---|---|---|
| 0 | 336 | 577 | 1,209 | 1,185 | 994 | |
| 3 | 33 | 350 | 165 | 225 | 165 | |
| Operating Profit | -3 | 303 | 227 | 1,044 | 960 | 829 |
| OPM % | 90% | 39% | 86% | 81% | 83% | |
| 0 | 59 | 60 | 78 | 136 | 251 | |
| Interest | 0 | 127 | 276 | 563 | 642 | 604 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -3 | 236 | 10 | 558 | 454 | 476 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% |
| -3 | 236 | 10 | 558 | 454 | 476 | |
| EPS in Rs | 6.03 | 0.21 | 9.72 | 7.43 | 7.79 | |
| Dividend Payout % | 0% | 0% | 6,895% | 121% | 188% | 138% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 170% |
| 3 Years: | 229% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 3,767 | 5,063 | 5,072 | 5,012 | 4,675 |
| Reserves | -3 | 78 | -72 | -75 | -165 | -746 |
| 0 | 3,194 | 6,082 | 7,399 | 8,413 | 7,595 | |
| 3 | 0 | 17 | 3 | 1 | 1 | |
| Total Liabilities | 0 | 7,039 | 11,089 | 12,399 | 13,261 | 11,525 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 6,663 | 10,387 | 11,503 | 12,460 | 10,396 |
| 0 | 376 | 702 | 896 | 801 | 1,128 | |
| Total Assets | 0 | 7,039 | 11,089 | 12,399 | 13,261 | 11,525 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0 | 312 | 534 | 1,144 | 1,195 | 714 | |
| 0 | -6,674 | -3,784 | -1,418 | -985 | 2,234 | |
| 0 | 6,514 | 3,356 | 203 | -211 | -2,837 | |
| Net Cash Flow | 0 | 153 | 105 | -72 | -1 | 111 |
| Free Cash Flow | 0 | 312 | 534 | 1,144 | 1,195 | 714 |
| CFO/OP | 0% | 103% | 235% | 110% | 124% | 86% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 54 | 4 | 4 | 1 | 0 | |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 54 | 4 | 4 | 1 | 0 | |
| Working Capital Days | -34 | -1 | -55 | -146 | 8 | |
| ROCE % | 10% | 3% | 9% | 8% | 9% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| AUM / Enterprise Value (Portfolio) INR crore |
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| HAM Project Count (NHAI/MoRTH Hybrid Annuity) count |
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| Lane Kilometres lane km |
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| Number of Projects (SPVs) count |
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| Number of States (Geographic Spread) count |
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| Toll + Toll-cum-Annuity Project Count count |
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| Distribution Per Unit (DPU) INR/unit |
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| Average Residual Concession Life (HAM Projects) years |
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Extracted by Screener AI
Documents
Announcements
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Disclosure of all complaints including SCORES complaints received by the InvIT on a quarterly basis
6 July 2026 - Shrem InvIT filed investor complaints statement for quarter ended June 30, 2026.
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Updates
4 July 2026 - DBL Nadiad Modasa Tollways concession ended July 3, 2026; project to be handed over to Gujarat government.
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Updates
30 June 2026 - Revised Form C corrects consideration for sale of 20,00,000 units to Rs. 20.28 crore.
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Trading Window
30 June 2026 - Trading window closed from July 1, 2026 until 48 hours after Q1 FY2027 results.
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Notice of Unitholder meetings
30 June 2026 - Shrem InvIT AGM on July 28, 2026; unitholders to approve FY26 financials, valuation report, and valuer appointment.
Structure[1]
The sponsor, Shrem Infra Invest Private Limited has floated an infrastructure investment trust called Shrem InvIT.