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 ₹ 6,108 Cr.
- Current Price ₹ 100
- High / Low ₹ 107 / 91.1
- Stock P/E 13.8
- Book Value ₹ 64.3
- Dividend Yield 3.00 %
- ROCE 7.39 %
- ROE 7.10 %
- Face Value ₹ 100
Pros
- Company has delivered good profit growth of 148% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 217%
Cons
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 9.01% over last 3 years.
- Promoters have pledged 48.4% of their holding.
- Earnings include an other income of Rs.280 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 336 | 577 | 1,209 | 1,185 | 994 | 962 | |
| 3 | 33 | 350 | 165 | 225 | 165 | 220 | |
| Operating Profit | -3 | 303 | 227 | 1,044 | 960 | 829 | 742 |
| OPM % | 90% | 39% | 86% | 81% | 83% | 77% | |
| 0 | 59 | 60 | 78 | 136 | 251 | 280 | |
| Interest | 0 | 127 | 276 | 563 | 642 | 604 | 580 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -3 | 236 | 10 | 558 | 454 | 476 | 442 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | |
| -3 | 236 | 10 | 558 | 454 | 476 | 442 | |
| EPS in Rs | 6.03 | 0.21 | 9.72 | 7.43 | 7.79 | 7.23 | |
| Dividend Payout % | 0% | 0% | 6,895% | 121% | 232% | 298% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 149% |
| 3 Years: | 186% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 9% |
| Last Year: | 7% |
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 | 6,210 | 6,210 |
| Reserves | -3 | 78 | -72 | -75 | -1,364 | -2,281 |
| 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 | 999 | 714 | |
| 0 | -6,674 | -3,784 | -1,418 | -789 | 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 | 999 | 714 |
| CFO/OP | 0% | 103% | 235% | 110% | 104% | 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 | -86 | |
| ROCE % | 10% | 3% | 9% | 8% | 7% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| AUM / Enterprise Value (Portfolio) INR crore |
|
|||
| HAM Project Count (NHAI/MoRTH Hybrid Annuity) count |
||||
| Lane Kilometres lane km |
||||
| Number of Projects (SPVs) count |
||||
| Number of States (Geographic Spread) count |
||||
| Toll + Toll-cum-Annuity Project Count count |
||||
| Distribution Per Unit (DPU) INR/unit |
||||
| Average Residual Concession Life (HAM Projects) years |
||||
Extracted by Screener AI
Documents
Announcements
-
Outcome of Board Meeting
- Shrem InvIT has submitted to the Exchange, the financial results for the period ended Jun 30, 2026, Distribution and Other matters.
-
Disclosure of Valuation report
- Shrem InvIT submitted June 30, 2026 valuation report; NAV per unit rose to ₹92.77 from ₹64.91.
-
Record Date
- Q1 FY27 results, 21st distribution of Rs 3/unit, record date Aug 7, 2026; two-SPV acquisition dropped.
-
Updates
- Q1 FY27 quarterly report; Rs 3.00/unit distribution declared, and proposed two-SPV acquisition dropped.
-
Shareholders meeting
- Shrem InvIT held its 5th AGM on July 28, 2026; all three resolutions passed unanimously.
Structure[1]
The sponsor, Shrem Infra Invest Private Limited has floated an infrastructure investment trust called Shrem InvIT.