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 ₹ 6,058 Cr.
- Current Price ₹ 99.2
- High / Low ₹ 115 / 93.6
- Stock P/E 7.03
- Book Value ₹ 104
- Dividend Yield 9.22 %
- ROCE 11.2 %
- ROE 17.3 %
- Face Value ₹ 100
Pros
- Stock is trading at 0.95 times its book value
- Promoter holding has increased by 0.82% over last quarter.
Cons
- Tax rate seems low
- Promoters have pledged 48.4% of their holding.
- Company has high debtors of 167 days.
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 571 | 1,384 | 1,953 | 2,458 | 2,424 | |
| 131 | 643 | 492 | 904 | 1,110 | |
| Operating Profit | 440 | 741 | 1,461 | 1,554 | 1,314 |
| OPM % | 77% | 54% | 75% | 63% | 54% |
| 17 | 46 | 82 | 132 | 149 | |
| Interest | 132 | 277 | 563 | 642 | 605 |
| Depreciation | 30 | 58 | 58 | 58 | 58 |
| Profit before tax | 294 | 452 | 922 | 986 | 800 |
| Tax % | -1% | -7% | -13% | -13% | |
| 299 | 487 | 1,051 | 1,118 | 862 | |
| EPS in Rs | 7.48 | 10.15 | 18.17 | 18.16 | 14.09 |
| Dividend Payout % | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 63% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 55% |
| TTM: | -21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 3,767 | 5,063 | 5,072 | 5,012 | 4,806 |
| Reserves | 649 | 509 | 952 | 1,509 | 1,539 |
| 3,208 | 6,082 | 7,399 | 8,413 | 8,080 | |
| 777 | 817 | 845 | 1,017 | 1,085 | |
| Total Liabilities | 8,400 | 12,471 | 14,268 | 15,951 | 15,509 |
| 3,667 | 2,970 | 2,874 | 2,467 | 2,464 | |
| CWIP | -0 | -0 | -0 | -0 | -0 |
| Investments | 457 | 2,490 | 834 | 1,264 | 980 |
| 4,276 | 7,011 | 10,560 | 12,220 | 12,065 | |
| Total Assets | 8,400 | 12,471 | 14,268 | 15,951 | 15,509 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -3,102 | -1,344 | -1,804 | 386 | |
| -3,629 | -2,147 | 1,655 | -169 | |
| 6,761 | 3,649 | 175 | -209 | |
| Net Cash Flow | 30 | 158 | 26 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 311 | 174 | 176 | 167 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 311 | 174 | 176 | 167 |
| Working Capital Days | 78 | 118 | 145 | 114 |
| ROCE % | 8% | 12% | 11% |
Documents
Announcements
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Updates
13 February 2026 - Re-submission of corporate governance report for quarter ended Dec 31, 2025; DIN omission corrected; PAN/DIN emailed Jan 20, 2026.
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Updates
11 February 2026 - Sponsor pledged 900,000 Shrem InvIT units on Feb 9, 2026 to secure Rs.120 crore NCDs.
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Updates
11 February 2026 - Clarifies 18th distribution breakdown corrected to four decimals; aggregate Rs.5.4180 per unit unchanged.
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Updates
7 February 2026 - Shrem InvIT has informed regarding 'Disclosure about Creation of pledge (encumbrance) held by Sponsor and Sponsor Group entity of Shrem InvIT'.
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Outcome of Board Meeting
5 February 2026 - Declared 18th distribution Rs.5.418/unit; record date Feb 10, 2026; NAV INR94.33.
Structure[1]
The sponsor, Shrem Infra Invest Private Limited has floated an infrastructure investment trust called Shrem InvIT.