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    Interise Trust

    SEBI-registered InvIT owning and operating 13 toll-road concessions across six Indian states, sponsored by L&T IDPL.

    Services
    Services
    ₹109.75
    -0.47% from avg

    Overview

    Price

    ₹109.75

    Market Cap

    ₹11.4k Cr

    Sector

    Services

    Services

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital6.6k6.6k6.6k6.6k10.9k10.9k10.9k10.9k
    Reserves-379-983-2.1k-3.0k-4.7k-5.6k-5.7k-6.2k
    Borrowings4.4k4.3k4.4k4.4k8.5k8.4k7.9k8.8k
    Other Liabilities5.7k5.9k5.9k5.8k7.3k7.0k7.5k7.8k
    Total Liabilities16.3k15.9k14.9k13.8k22.0k20.7k20.6k21.2k
    AssetsFixed Assets14.8k14.1k13.3k12.4k20.3k19.2k18.8k18.4k
    CWIP42819711130
    Investments4710467110000
    Other Assets1.5k1.7k1.1k1.4k1.5k1.3k1.8k2.9k
    Total Assets16.3k15.9k14.9k13.8k22.0k20.7k20.6k21.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating3735321.1k1.1k8201.5k1.6k1.9k
    Cash from Investing-353-137-339-404403-7.4k-242-46
    Cash from Financing10304-686-1.1k-9336.1k-1.7k-1.4k
    SummaryCapital Expenditure
    Free Cash Flow3705231.1k1.1k8371.4k1.5k1.8k
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    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.

    INTERISE · CAPITAL_INTENSIVE

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