TVS Infrastructure Trust
TVS Infrastructure Trust is engaged in operates as an infrastructure investment trust. The Turst invests in and develops warehousing, logistics parks, and industrial premises. TVS Infrastructure Trust serves customers in India.
- Market Cap ₹ 2,317 Cr.
- Current Price ₹ 118
- High / Low ₹ 119 / 108
- Stock P/E 17.0
- Book Value ₹ 98.6
- Dividend Yield 1.32 %
- ROCE %
- ROE 4.87 %
- Face Value ₹ 100
Pros
- Stock is trading at 1.19 times its book value
Cons
- Working capital days have increased from 1,327 days to 3,466 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 156 | 187 | 107 | 165 | |
| 22 | 42 | 1 | 2 | |
| Operating Profit | 134 | 146 | 106 | 164 |
| OPM % | 86% | 78% | 99% | 99% |
| 2 | 4 | 2 | 2 | |
| Interest | 68 | 85 | 13 | 28 |
| Depreciation | 38 | 43 | 0 | 0 |
| Profit before tax | 30 | 22 | 95 | 138 |
| Tax % | 25% | 25% | 1% | |
| 23 | 16 | 95 | 137 | |
| EPS in Rs | 4.80 | 6.93 | ||
| Dividend Payout % | 0% | 0% | 32% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -12% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 61% |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 8 | 8 | 1,892 |
| Reserves | 80 | 124 | 51 |
| 1,322 | 1,664 | 823 | |
| 182 | 187 | 1 | |
| Total Liabilities | 1,593 | 1,983 | 2,768 |
| 1,131 | 1,302 | 0 | |
| CWIP | 245 | 294 | 0 |
| Investments | 0 | 25 | 922 |
| 216 | 362 | 1,846 | |
| Total Assets | 1,593 | 1,983 | 2,768 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|
| 94 | 8 | -1 | |
| -280 | -229 | -1,730 | |
| 184 | 250 | 1,737 | |
| Net Cash Flow | -1 | 29 | 6 |
| Free Cash Flow | -183 | -197 | -1 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 72% | 7% | -0% |
Ratios
Standalone / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 9 | 9 | 0 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 9 | 9 | 0 |
| Working Capital Days | -872 | -813 | 3,466 |
| ROCE % | 7% |
Insights
In beta| Sep 2024 | Sep 2025 | |
|---|---|---|
| Number of Warehousing Park Locations count |
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| Occupancy Rate % |
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| Operational Portfolio Area msf |
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| Pre-leased % of Under-Development % |
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| Top 5 Tenant Concentration % |
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| Total Portfolio Area msf |
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| Under-Development Portfolio Area msf |
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| Weighted Average Lease Expiry (WALE) years |
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Extracted by Screener AI
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- TVS Infrastructure Trust filed Q2 FY27 governance compliance report for quarter ended September 30, 2026.
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Disclosure of all complaints including SCORES complaints received by the InvIT on a quarterly basis
- Quarter ended September 30, 2026 investor complaints report shows zero complaints for units and NCDs.
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Disclosure of Unitholding pattern
- TVS Infrastructure Trust filed unitholding pattern for quarter ended September 30, 2026.
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Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY26 financials.
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Outcome of Board Meeting
- TVS Infrastructure Trust approved Q1 FY27 results and Rs1.55 per unit distribution; record date August 5, 2026.
Annual reports
-
Annual Report 2026
from web
Sponsor and Project Manager[1]
TVS Industrial & Logistics Parks (ILP) is the sponsor and project manager of TVS Infrastructure Trust. Incorporated in 2005, TVS ILP, part of TVS Mobility Group, is one of the leading developers in the warehousing space in India. TVS ILP has a sound-track record of over 20 years in the infrastructure sector and has developed and managed multiple industrial and logistics parks. Since its inception, TVS ILP has developed several parks in various locations across India. As Project Manager to the InvIT, TVS ILP undertakes project implementation, execution, operation, maintenance and management of InvIT Assets.