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 ₹ 6,102 Cr.
- Current Price ₹ 99.9
- High / Low ₹ 115 / 91.1
- Stock P/E 12.8
- Book Value ₹ 64.3
- Dividend Yield 13.7 %
- ROCE 8.71 %
- ROE 10.8 %
- Face Value ₹ 100
Pros
- Stock is providing a good dividend yield of 13.7%.
- 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: | -4% |
| 1 Year: | -13% |
| 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 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Number of Project Assets Number |
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| NHAI / MoRTH HAM Projects in Portfolio Number |
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| State Authority Projects (Annuity/Toll) in Portfolio Number |
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| Total Lane Kilometres Kms |
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| Average Residual Concession Life Years |
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| Net Debt to Enterprise Value (EV) % |
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| Concentration of NHAI/MoRTH Revenue Contribution % |
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Extracted by Screener AI
Documents
Announcements
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Structural Digital Database
13 May 2026 - Submitted FY2026 SDD compliance certificate; no non-compliance observed.
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Updates
13 May 2026 - Sponsor group entity pledged 60,000 Shrem InvIT units for ₹75 crore loan from Aditya Birla Capital.
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Updates
12 May 2026 - Shrem InvIT submitted its annual secretarial compliance report for FY ended March 31, 2026.
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Outcome of Board Meeting
9 May 2026 - Board approved FY26 audited results, Rs.0.9294/unit distribution; record date May 13, proposed HAM asset acquisition.
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Disclosure of Valuation report
9 May 2026 - Shrem InvIT submits FY26 valuation report; NAV is INR 88.12 per unit as of March 31, 2026.
Structure[1]
The sponsor, Shrem Infra Invest Private Limited has floated an infrastructure investment trust called Shrem InvIT.