India's largest listed power-sector InvIT, owning transmission lines, solar plants and battery storage assets.
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 5.3k | 5.3k | 6.6k | 6.6k | 7.6k | 8.3k | 8.3k | 10.2k |
| Reserves | -266 | -632 | -1.2k | -1.6k | -2.4k | -3.2k | -3.7k | -4.2k |
| Borrowings | 6.4k | 14.6k | 13.3k | 14.5k | 19.3k | 20.1k | 22.0k | 21.4k |
| Other Liabilities | 356 | 777 | 800 | 750 | 1.2k | 1.2k | 1.1k | 2.3k |
| Total Liabilities | 11.8k | 20.0k | 19.6k | 20.2k | 25.8k | 26.4k | 27.7k | 29.7k |
| AssetsFixed Assets | 10.8k | 16.4k | 16.8k | 17.8k | 22.7k | 22.0k | 23.5k | 23.7k |
| CWIP | 0 | 10 | 4 | 78 | 23 | 59 | 221 | 443 |
| Investments | 0 | 0 | 145 | 446 | 742 | 1.9k | 1.2k | 1.2k |
| Other Assets | 976 | 3.6k | 2.6k | 1.8k | 2.3k | 2.4k | 2.8k | 4.4k |
| Total Assets | 11.8k | 20.0k | 19.6k | 20.2k | 25.8k | 26.4k | 27.7k | 29.7k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 580 | 1.1k | 1.7k | 2.1k | 2.0k | 2.7k | 2.9k | 3.4k |
| Cash from Investing | -230 | -6.1k | -5.9k | -1.5k | -2.1k | -6.1k | -1.8k | -2.9k |
| Cash from Financing | -357 | 5.2k | 6.4k | -2.0k | -790 | 3.4k | -1.2k | -452 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 356 | -4.8k | -3.8k | 976 | 254 | -564 | 2.1k | -526 |
| 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.
INDIGRID · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.