profit from every ₹100 of sales.
Indigrid Infrastructure
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹40.79 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Indigrid Infrastructure sold, what it kept, and what it did with the cash.
Sales went from ₹23.3 billion in 2023 to ₹47.7 billion in 2026, with ₹3.94 billion of profit last year.
Indigrid Infrastructure vs. similar companies
Indigrid Infrastructure grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Indigrid Infrastructure | 40.8× · Expensive | ||
Constellation Energy | 41.7× · Expensive | ||
Vistra | 48.0× · Expensive | ||
Adani Power | 31.2× · Expensive | ||
CGN Power | 23.8× · Fair price |
AI analysis
An AI analyst reads Indigrid Infrastructure's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 23,318 | 28,640 | 32,876 | 47,684 | |
| 22,751 | 27,832 | 31,668 | 33,931 | |
| 13,959 | 15,043 | 17,892 | 19,174 | |
| 21,833 | 25,540 | 30,397 | 32,447 | |
| 4,556 | 2,854 | 3,984 | 3,942 | |
| 6.51 | 3.89 | 4.93 | – | |
| 97.6% | 97.2% | 96.3% | 71.2% | |
| 59.9% | 52.5% | 54.4% | 40.2% | |
| 19.5% | 10.0% | 12.1% | 8.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 202,124 | 257,571 | 264,269 | 297,315 |
| Cash | 3,153 | 2,324 | 1,053 | 849 |
| Total debt | 145,050 | 193,038 | 200,926 | 213,591 |
| Total liabilities | 151,719 | 203,729 | 211,682 | 235,375 |
| 49,577 | 52,905 | 51,631 | 60,725 | |
| 700 | 733 | 808 | – | |
| 6.0% | 5.2% | 6.1% | 6.0% | |
| 9.2% | 5.4% | 7.7% | 6.5% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 20,371 | 26,628 | 29,016 | 33,774 | |
| 17,827 | 32,281 | 7,635 | 39,044 | |
| 2,544 | -5,653 | 21,380 | -5,270 | |
| Dividends paid | 9,233 | 10,208 | 11,971 | 14,022 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 40.8×
- –
- –
- 2.7×
- 3.4×
- –
- 11.5×
- -3.3%
- 2.5%
- 8.7%
Profitability
- 71.2%
- 40.2%
- 8.3%
- –
- 5.7%
- 5.5%
- –
- –
- –
- –
Growth
- +26.9%
- –
- –
- –
- +5.3%
Financial health
- 6.6×
- 3.52
- –
- 1.3×
- 0.78
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
355.7% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Indigrid Infrastructure
Is Indigrid Infrastructure a good stock to buy?
A business with weak numbers, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Indigrid Infrastructure AI analysis
What does Indigrid Infrastructure do?
Indigrid Infrastructure Trust operates as an infrastructure investment trust that owns and operates power transmission, renewable generation, and energy storage assets in India. The company's asset portfolio consists of portfolio assets consists of 41 power projects. It is in Utilities - Independent Power Producers, based in Mumbai, India.
Does Indigrid Infrastructure pay a dividend?
Yes. At today's price the dividend is 8.7% a year. In 2026 it paid out ₹14.0 billion in dividends.
Is Indigrid Infrastructure stock halal?
No. Indigrid Infrastructure does not pass our halal screen: its debt is 133% of its market value, at or above the 33% limit. How we check
How has Indigrid Infrastructure stock done over the past year?
Up 0.5% over the past twelve months, to ₹168.82. It traded between ₹162.92 and ₹179.91 and is 6.2% below its high.
Who are Indigrid Infrastructure's competitors?
The largest listed companies in the same industry are Constellation Energy, Vistra, Adani Power and CGN Power. The peers table on this page compares their profit, growth and price with Indigrid Infrastructure's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



