InvIT owning power transmission lines across India, with a ROFO pipeline into solar generation assets.
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1.6k | 1.6k | 2.0k | 2.0k | 2.7k |
| Reserves | -52 | -236 | -407 | -507 | -617 |
| Borrowings | 742 | 744 | 1.9k | 1.9k | 5.0k |
| Other Liabilities | 73 | 22 | 85 | 73 | 207 |
| Total Liabilities | 2.3k | 2.1k | 3.6k | 3.4k | 7.3k |
| AssetsFixed Assets | 2.1k | 1.9k | 3.3k | 3.2k | 6.0k |
| CWIP | 0 | 0 | 0 | 6 | 9 |
| Investments | 131 | 68 | 81 | 122 | 207 |
| Other Assets | 97 | 113 | 205 | 146 | 1.0k |
| Total Assets | 2.3k | 2.1k | 3.6k | 3.4k | 7.3k |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | 88 | 163 | 240 | 425 |
| Cash from Investing | -1.5k | 69 | -1.5k | -3.2k |
| Cash from Financing | 1.4k | -216 | 1.3k | 3.3k |
| SummaryCapital Expenditure | — | — | — | — |
| Free Cash Flow | -1.3k | 161 | -1.3k | -2.5k |
| FCF Margin | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
ANZEN · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.