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 7.88
- Book Value ₹ 97.9
- Dividend Yield 3.00 %
- ROCE 9.54 %
- ROE 13.3 %
- Face Value ₹ 100
Pros
- Stock is trading at 1.02 times its book value
Cons
- Tax rate seems low
- Promoters have pledged 48.4% of their holding.
- Company has high debtors of 198 days.
* 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 571 | 1,384 | 1,953 | 2,458 | 2,100 | 2,071 | |
| 131 | 643 | 492 | 904 | 767 | 872 | |
| Operating Profit | 440 | 741 | 1,461 | 1,554 | 1,333 | 1,199 |
| OPM % | 77% | 54% | 75% | 63% | 63% | 58% |
| 17 | 46 | 82 | 132 | 112 | 171 | |
| Interest | 132 | 277 | 563 | 642 | 605 | 581 |
| Depreciation | 30 | 58 | 58 | 58 | 58 | 58 |
| Profit before tax | 294 | 452 | 922 | 986 | 782 | 730 |
| Tax % | -1% | -7% | -13% | -13% | -9% | |
| 299 | 487 | 1,051 | 1,118 | 855 | 774 | |
| EPS in Rs | 7.48 | 10.15 | 18.17 | 18.16 | 13.96 | 12.68 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 16% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 3,767 | 5,063 | 5,072 | 5,012 | 6,210 |
| Reserves | 649 | 509 | 952 | 1,509 | -231 |
| 3,208 | 6,082 | 7,399 | 8,413 | 7,595 | |
| 777 | 817 | 845 | 1,017 | 1,147 | |
| Total Liabilities | 8,400 | 12,471 | 14,268 | 15,951 | 14,722 |
| 3,667 | 2,970 | 2,874 | 2,467 | 2,382 | |
| CWIP | -0 | -0 | -0 | -0 | -0 |
| Investments | 457 | 2,490 | 834 | 1,264 | 583 |
| 4,276 | 7,011 | 10,560 | 12,220 | 11,756 | |
| Total Assets | 8,400 | 12,471 | 14,268 | 15,951 | 14,722 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -3,102 | -1,344 | -1,804 | 386 | 2,221 | |
| -3,629 | -2,147 | 1,655 | -169 | 702 | |
| 6,761 | 3,649 | 175 | -209 | -2,837 | |
| Net Cash Flow | 30 | 158 | 26 | 7 | 85 |
| Free Cash Flow | -6,287 | -1,178 | -1,765 | 735 | 2,248 |
| CFO/OP | -704% | -186% | -132% | 17% | 161% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 311 | 174 | 176 | 167 | 198 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 311 | 174 | 176 | 167 | 198 |
| Working Capital Days | 78 | 118 | 145 | 114 | 110 |
| ROCE % | 8% | 12% | 11% | 10% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| AUM / Enterprise Value (Portfolio) INR crore |
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| HAM Project Count (NHAI/MoRTH Hybrid Annuity) count |
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| Lane Kilometres lane km |
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| Number of Projects (SPVs) count |
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| Number of States (Geographic Spread) count |
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| Toll + Toll-cum-Annuity Project Count count |
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| Distribution Per Unit (DPU) INR/unit |
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| Average Residual Concession Life (HAM Projects) years |
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Extracted by Screener AI
Documents
Announcements
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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.
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Disclosure of Valuation report
- Shrem InvIT submitted June 30, 2026 valuation report; NAV per unit rose to ₹92.77 from ₹64.91.
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Record Date
- Q1 FY27 results, 21st distribution of Rs 3/unit, record date Aug 7, 2026; two-SPV acquisition dropped.
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Updates
- Q1 FY27 quarterly report; Rs 3.00/unit distribution declared, and proposed two-SPV acquisition dropped.
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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.