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 ₹ 6,170 Cr.
- Current Price ₹ 101
- High / Low ₹ 115 / 100
- Stock P/E 6.41
- Book Value ₹ 104
- Dividend Yield 3.68 %
- ROCE 11.2 %
- ROE 17.3 %
- Face Value ₹ 100
Pros
- Stock is trading at 0.97 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 | 2,528 | |
| 131 | 643 | 492 | 904 | 1,090 | |
| Operating Profit | 440 | 741 | 1,461 | 1,554 | 1,439 |
| OPM % | 77% | 54% | 75% | 63% | 57% |
| 17 | 46 | 82 | 132 | 151 | |
| Interest | 132 | 277 | 563 | 642 | 639 |
| Depreciation | 30 | 58 | 58 | 58 | 58 |
| Profit before tax | 294 | 452 | 922 | 986 | 892 |
| Tax % | -1% | -7% | -13% | -13% | |
| 299 | 487 | 1,051 | 1,118 | 967 | |
| EPS in Rs | 7.48 | 10.15 | 18.17 | 18.16 | 15.75 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 63% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 55% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -1% |
| 1 Year: | -12% |
| 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
-
Record Date
29 January 2026 - Board meeting Feb 5, 2026 to approve Q3/9M Dec 31, 2025 results; possible 18th distribution (record date Feb 10, 2026).
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Disclosure of all complaints including SCORES complaints received by the InvIT on a quarterly basis
20 January 2026 - Statement of investor complaints for quarter ended December 31, 2025 submitted by RTA MUFG Intime.
-
Disclosure of Unitholding pattern
20 January 2026 - Unitholding pattern of Shrem InvIT for quarter ended December 31, 2025, submitted by registrar MUFG Intime.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
20 January 2026 - Submitted corporate governance report for quarter ended December 31, 2025; board and committee composition detailed.
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Outcome of Board Meeting
12 January 2026 - Appointed Mr. Kunal Trivedi as Company Secretary and Compliance Officer effective January 12, 2026.
Structure[1]
The sponsor, Shrem Infra Invest Private Limited has floated an infrastructure investment trust called Shrem InvIT.