Shrem InvIT
InvIT was set-up for the purposes of carrying on the activity of an infrastructure investment trust and for making investments in the infrastructure projects SPVs or securities of Indian companies engaged in the infrastructure sector. Shrem Infra Structure Private Limited, is a part of the Shrem group.
- Market Cap ₹ 6,782 Cr.
- Current Price ₹ 118
- High / Low ₹ 118 / 112
- Stock P/E 6.03
- Book Value ₹ 117
- Dividend Yield %
- ROCE 12.7 %
- ROE 18.7 %
- Face Value ₹
Pros
- Stock is trading at 1.01 times its book value
- Debtor days have improved from 203 to 124 days.
Cons
- Tax rate seems low
* 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: Infrastructure Investment Trusts Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|
| 571 | 1,384 | 1,953 | 2,032 | |
| 131 | 645 | 492 | 491 | |
| Operating Profit | 440 | 740 | 1,461 | 1,541 |
| OPM % | 77% | 53% | 75% | 76% |
| 17 | 47 | 82 | 89 | |
| Interest | 132 | 277 | 563 | 588 |
| Depreciation | 30 | 58 | 58 | 58 |
| Profit before tax | 294 | 452 | 922 | 985 |
| Tax % | -1% | -7% | -13% | |
| 299 | 487 | 1,051 | 1,133 | |
| EPS in Rs | 7.48 | 10.15 | 18.17 | 20.49 |
| Dividend Payout % | 0% | 0% | 61% |
| Compounded Sales Growth | |
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| TTM: | 28% |
| Compounded Profit Growth | |
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| TTM: | 75% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 3,767 | 5,063 | |
| Reserves | 649 | 509 | |
| 3,208 | 6,082 | ||
| 777 | 817 | ||
| Total Liabilities | 8,400 | 12,471 | |
| 3,667 | 2,970 | ||
| CWIP | 0 | 0 | |
| Investments | 457 | 2,490 | |
| 4,276 | 7,011 | ||
| Total Assets | 8,400 | 12,471 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| -3,102 | -1,671 | ||
| -3,629 | -1,820 | ||
| 6,761 | 3,649 | ||
| Net Cash Flow | 30 | 158 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 311 | 174 | |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 311 | 174 | |
| Working Capital Days | 249 | 220 | |
| ROCE % | 8% |
Documents
Announcements
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Outcome of Board Meeting
29 July 2023 - Shrem Invit has informed regarding Outcome of Board Meeting held on July 29, 2023.
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Updates
28 July 2023 - Shrem Invit has informed regarding ': Summary of proceeding, Voting Result and Scrutinizer s report for the 2nd Annual General Meeting of the Unitholders of …
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Updates
28 July 2023 - Shrem Invit has informed regarding 'Notice of the Board Meeting of Shrem Financial Private Limited'.
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Record Date
21 July 2023 - Record date for the purpose of Intimation of record date for distributions consists of Dividend and Interest. is 25-Jul-2023.
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Outcome of Board Meeting
20 July 2023 - Shrem Invit has informed regarding Outcome of Board Meeting held on July 20, 2023.
Annual reports
No data available.