Indus Infra Trust
- Market cap
- ₹ 7,576 Cr.
- P/E
- 19.5x
- P/B
- 1.18x
- 52-week range
- 113.21 – 138
- ROE
- 8%
- ROCE
- 7%
- Dividend yield
- 11%
- Debt / equity
- 0.97
- Sector
- Transport Infrastructure
- Industry
- Road AssetsToll, Annuity, Hybrid-Annuity
- Listed on
- NSE, BSE
About
Indus Infra Trust is an India-based infrastructure investment trust. The Company is engaged in acquiring, managing and investing in a portfolio of infrastructure assets across sectors and/or securities of companies engaged in the infrastructure sector. The Company's portfolio of assets consists of approximately eight road assets, all operating on hybrid annuity mode (HAM) basis, in the states of Punjab, Gujarat, Andhra Pradesh, Maharashtra and Uttar Pradesh. These roads are operated and maintained pursuant to concession rights granted by the National Highways Authority of India (NHAI). Its projects include Package IV - Naviganj - Mitrasen, Phagwara - Rupnagar, Porbandar - Dwarka, Varanasi - Handia, Akkalkot - Solapur, Sangli - Solapur, Gundugolanu - Devarapalli - Kovvuru and Dwarka - Khambhaliya - Devariya. Its investment manager is GR Highways Investment Manager Private Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Road AssetsToll, Annuity, Hybrid-Annuity: 17 companies →Indus Infra 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)19.5 against a typical 21.1: cheaper than most peers (1st = cheapest).6th of 15
- Sales growth+53.2% against a typical +19.4% from a year earlier.4th of 13
- Profit growth+6.6% against a typical +6.6% from a year earlier.5th of 9
- Share price, 3 months−4.4% against a typical −1.5%.11th of 15
- Size₹ 7,576.5 Cr. market value against a typical ₹ 6,855.2 Cr. (1st = largest).6th of 13
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 3 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AAA | Stable | 17 Jun 2026 |
| CARE | CARE AAA | Stable | 5 Jun 2026 |
| India Ratings | IND AAA | Stable | 26 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Jun 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 3,000 Cr. | |
| 5 Jun 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 9,401.52 Cr. | |
| 26 May 2026 | Reaffirmed | IND AAA | — | India Ratings | ₹ 600 Cr. | |
| 14 May 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 8,901.52 Cr. | |
| 8 May 2026 | Reaffirmed | IND AAA | — | India Ratings | ₹ 600 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Other business matters | To consider and approve financial results for the quarter ended September 30, 2026 |
| 5 Aug 2026 | Other business matters | To consider Standalone and Consolidated Financial Results |
| 12 May 2026 | Fund Raising | Update on the Board Meeting scheduled to be held on Tuesday, 12th May 2026 to consider Fund Raising |
| 29 Apr 2026 | Financial Results/Other business matters | To consider and approve the financial information for the period ended March 31, 2026 and declaration of distribution for Q4-FY26. |
| 3 Feb 2026 | Other business matters | To consider and approve unaudited standalone and consolidated financial results of the Indus Infra Trust |
| 7 Nov 2025 | Other business matters | To consider and approve the Unaudited Standalone and Consolidated Financial Results of the Trust for the quarter and half year ended 30th September 2025 |
| 30 Jul 2025 | Other business matters | To consider and approve unaudited financial results of the Trust for the quarter ended June 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 121 | 127 | 156 | 210 | 251 | 186 | 123 | 179 | 188 | 285 |
| Expenses | 0 | 0 | 84 | 47 | 37 | 62 | 78 | 37 | 42 | 63 | 59 | 71 |
| Operating Profit | 0 | 0 | 37 | 80 | 119 | 149 | 173 | 149 | 81 | 117 | 129 | 214 |
| OPM % | — | — | 31% | 63% | 77% | 71% | 69% | 80% | 66% | 65% | 69% | 75% |
| Other Income | 0 | 0 | 8 | 64 | 15 | 14 | 18 | 18 | 16 | 24 | 20 | 17 |
| Interest | 0 | 0 | 25 | 28 | 28 | 37 | 36 | 42 | 38 | 41 | 46 | 92 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 20 | 116 | 106 | 126 | 155 | 125 | 59 | 99 | 103 | 139 |
| Tax % | 0% | 0% | 24% | 4% | 2% | 6% | 5% | 4% | 0% | 3% | −3% | 7% |
| Net Profit | 0 | 0 | 15 | 111 | 104 | 119 | 147 | 121 | 59 | 96 | 106 | 129 |
| EPS in Rs | — | — | 0.35 | 2.51 | 2.36 | 2.68 | 3.33 | 2.72 | 1.34 | 2.18 | 2.4 | 2.12 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- −21%
- 3 Years
- —
- TTM
- −4%
- 10 Years
- —
- 5 Years
- 21%
- 3 Years
- —
- TTM
- −20%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Indus Infra Trust | ₹ 125.39 | ₹ 7,576 Cr. | 19.5x | 1.2x | 8% | — |
| Altius Telecom Infrastructure Trust | ₹ 170.00 | ₹ 0 Cr. | 46.7x | 4.5x | 8.3% | 4.6% |
| REC | ₹ 293.65 | ₹ 77,325 Cr. | 5.7x | 1.1x | 20% | 27.4% |
| National Highways Infra Trust | ₹ 168.00 | ₹ 35,928 Cr. | 47.7x | 1.5x | 3% | 16% |
| IndiGrid Infrastructure Trust | ₹ 164.83 | ₹ 15,701 Cr. | 39.1x | 2.8x | 7% | 8.4% |
| Raajmarg Infra Investment Trust | ₹ 119.08 | ₹ 23,816 Cr. | — | 0x | — | — |
Management
- Amit Kumar Singh
- Chief Executive Officer
- Harshael Pratap Sawant
- Chief Financial Officer
- Mohnish Dutta
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.