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 ₹ 118 / 101
- Stock P/E 6.47
- Book Value ₹ 104
- Dividend Yield 3.65 %
- ROCE 11.2 %
- ROE 17.3 %
- Face Value ₹ 100
Pros
- Stock is trading at 0.98 times its book value
- Promoter holding has increased by 0.82% over last quarter.
Cons
- Tax rate seems low
- Promoters have pledged or encumbered 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: | % |
| 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
25 November 2025 - Sponsor released pledge on Shrem InvIT units; disclosure submitted to NSE on Nov 25, 2025.
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Updates
13 November 2025 - Receipt of Form C disclosing designated person's dealings in Shrem InvIT units, dated November 13, 2025.
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Updates
12 November 2025 - Sponsor group released pledge on Shrem InvIT units; disclosure submitted to NSE on November 12, 2025.
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Updates
10 November 2025 - Form C disclosure: designated person dealt in Shrem InvIT units; received November 10, 2025.
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Outcome of Board Meeting
7 November 2025 - Declared Rs3.7248/unit distribution; unaudited Q2/H1 results; NAV Rs97.34; record date Nov 5, 2025.
Structure[1]
The sponsor, Shrem Infra Invest Private Limited has floated an infrastructure investment trust called Shrem InvIT.