Anzen India Energy Yield Plus Trust
Anzen India Energy Yield Plus Trust is a diversified and growth-oriented energy InvIT focusing on high quality energy assets, with an initial AuM of over INR 2,300 cr. The Trust would be looking to invest in a diversified portfolio of energy assets including transmission lines and renewable power projects to provide long term predictable yield and growth to its investors.
- Market Cap ₹ 1,606 Cr.
- Current Price ₹ 102
- High / Low ₹ 103 / 100
- Stock P/E
- Book Value ₹ 84.0
- Dividend Yield %
- ROCE 1.33 %
- ROE -2.57 %
- Face Value ₹
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.42%
- Working capital days have increased from 32.2 days to 75.6 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
Sector: Power Infrastructure Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|
94 | 243 | 250 | |
15 | 29 | 30 | |
Operating Profit | 79 | 213 | 221 |
OPM % | 84% | 88% | 88% |
6 | 9 | 3 | |
Interest | 44 | 64 | 64 |
Depreciation | 77 | 187 | 183 |
Profit before tax | -36 | -28 | -23 |
Tax % | -11% | 5% | |
-32 | -30 | -25 | |
EPS in Rs | -2.02 | -1.88 | -1.56 |
Dividend Payout % | -118% | -129% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 159% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
Equity Capital | 1,562 | 1,562 |
Reserves | -52 | -236 |
742 | 744 | |
73 | 22 | |
Total Liabilities | 2,326 | 2,093 |
2,098 | 1,912 | |
CWIP | 0 | 0 |
Investments | 131 | 68 |
97 | 113 | |
Total Assets | 2,326 | 2,093 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
88 | 163 | |
-1,492 | 69 | |
1,411 | -216 | |
Net Cash Flow | 7 | 16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
Debtor Days | 5 | 0 |
Inventory Days | ||
Days Payable | ||
Cash Conversion Cycle | 5 | 0 |
Working Capital Days | -11 | 76 |
ROCE % | 1% |
Overview[1]
Anzen builds high-quality portfolio of energy assets in India. It is focused on generating total returns through long term predictable yield & value accretive growth. It is managed by Edelweiss Real Assets Managers, part of the Edelweiss Alternatives business. The company has a mature operating asset portfolio of 2 transmission projects : Operating history ~6 years, Balance tenor ~29 years. The company has Right of First Offer (“ROFO”) on 12 solar projects : ~813 MWp.