Anzen India Energy Yield Plus Trust

NSE: ANZENBSE: 543655
Compare with peers
₹ 124.00▼ 3.5 (−2.75%)27 Oct, 11:06 am IST
Market cap
₹ 4,436 Cr.
P/E
95.6x
P/B
1.66x
52-week range
114 – 132.9
ROE
0%
ROCE
3%
Dividend yield
6.5%
Debt / equity
2.48
Sector
Power
Industry
Power - Transmission
Listed on
NSE, BSE

About

AnZen India Energy Yield Plus Trust (the Trust) is an India-based diversified and growth-oriented energy infrastructure investment trust. The Trust's objective is to invest in a diversified portfolio of energy assets to provide long-term predictable yield and growth to investors. The Company's segments include Power Transmission and Power Generation. The Power transmission segment includes entities in the business of owning and maintaining transmission assets. The Power Generation segment includes entities in the business of generating power through renewable sources such as solar. The Trust has acquired a 100% stake in two power transmission projects with a total network of approximately 855 ckms and two substations with 1400 MVA transformation capacity. The Trust has the right of first offer (ROFO) to acquire an approximately 74% shareholding in 12 solar projects aggregating to approximately 813 MWp. Its projects include Darbhanga-Motihari Transmission Company Limited and NRSS XXX.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Power - Transmission: 4 companies →

Anzen India Energy Yield Plus Trust against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)95.6 against a typical 21.5: pricier than most peers (1st = cheapest).4th of 4
  • Sales growth+161.8% against a typical +16% from a year earlier.1st of 4
  • Profit growth+440% against a typical +113.5% from a year earlier.1st of 4
  • Share price, 3 months−2.4% against a typical −3.9%.2nd of 4
  • Size₹ 4,436 Cr. market value against a typical ₹ 15,701.1 Cr. (1st = largest).3rd of 3

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by CRISIL
AAA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
India RatingsWithdrawnStable18 Aug 2026
CRISILCrisil AAAStable14 May 2026
Credit rating actions
RatingDetails
18 Aug 2026
Withdrawn
was IND AAA—India Ratings₹ 4,193.02 Cr.
15 May 2026
Reaffirmed
IND AAA—India Ratings₹ 4,206.66 Cr.
14 May 2026
Reaffirmed
Crisil AAA—CRISIL₹ 4,284.66 Cr.
25 Mar 2026
Reaffirmed
Crisil AAA—CRISIL₹ 2,749.66 Cr.
23 Feb 2026
Withdrawn
was IND AAA—India Ratings₹ 3,199.66 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
4 Aug 2026Financial Results/DividendTo consider and approve the financial results for the period ended Jun 30, 2026 and dividend
22 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters
16 Apr 2026Fund RaisingTo consider Fund Raising
29 Jan 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
23 Jan 2026Fund Raising/Other business mattersTo consider Fund Raising and other business matters
11 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters

Share price

1Y change +2.9%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales63636263636377110101104155288
Expenses768877121221143857
Operating Profit56565455565665998090117231
OPM %89%90%86%88%89%89%84%89%80%86%75%80%
Other Income100200002051
Interest1616161616162740404364105
Depreciation474747424343465254535770
Profit before tax−6−7−9−2−3−3−87−12−6157
Tax %8%4%4%19%12%7%−3%−33%−31%−30%−169%6%
Net Profit−7−7−9−2−3−3−810−8−4454
EPS in Rs−0.44−0.43−0.56−0.13−0.21−0.2−0.390.49−0.41−0.20.071.7

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
—
3 Years
70%
TTM
106%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
24%
TTM
823%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
10%
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
−1%
TTM
—

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 95.6xEPS (12 months) ₹ 1.15Median P/E 100.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Anzen India Energy Yield Plus Trust₹ 124.00₹ 4,436 Cr.95.6x1.7x0%—
REC₹ 293.65₹ 77,325 Cr.5.7x1.1x20%27.4%
Altius Telecom Infrastructure Trust₹ 170.00₹ 0 Cr.46.7x4.5x8.3%4.6%
National Highways Infra Trust₹ 168.00₹ 35,928 Cr.47.7x1.5x3%16%
IndiGrid Infrastructure Trust₹ 164.83₹ 15,701 Cr.39.1x2.8x7%8.4%
Indus Infra Trust₹ 124.00₹ 7,576 Cr.15x1.2x—56.5%

Management

Vaibhav Doshi
Chief Financial Officer
Ranjita Deo
Chief Investment Officer of the Anzen Trust, Whole-Time Director of the Investment Manager
Jalpa Parekh
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.