MIT
Maple Infrastructure Trust financials
- Market cap
- ₹10.0k Cr
Quarterly results
Q1 FY27: revenue up 172.7%, net profit down 260.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 197 | 212 | 228 | 242 | 218 +11% | 468 +121% | 686 +201% | 660 +173% |
| EBITDA | 133 | 162 | 147 | 162 | 156 +17% | 274 +69% | 389 +165% | 383 +136% |
| Net profit | -38 | -14 | -24 | -15 | -19 +50% | -46 −229% | -38 −58% | -54 −260% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Financials, as filed
Revenue grew 93.1% a year over 1 year, FY25 to FY26. Operating margin narrowed to 60.8%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹836 Cr | ₹1.6k Cr |
| Operating profit | ₹570 Cr | ₹981 Cr |
| Operating margin | 68.2% | 60.8% |
| Interest | ₹414 Cr | ₹622 Cr |
| Depreciation | ₹274 Cr | ₹459 Cr |
| Net profit | ₹-121 Cr | ₹-118 Cr |
| Net margin | -14.5% | -7.3% |
| Cash from operations | ₹528 Cr | ₹851 Cr |
| Free cash flow | ₹519 Cr | ₹846 Cr |
| ROCE | 4.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹148 Cr | ₹0 Cr | ₹3.5k Cr | ₹3.5k Cr | ₹3.5k Cr | ₹5.3k Cr |
| Reserves | ₹-87 Cr | ₹-4 Cr | ₹-157 Cr | ₹-368 Cr | ₹-598 Cr | ₹-801 Cr |
| Borrowings | ₹1.2k Cr | ₹0 Cr | ₹4.8k Cr | ₹4.8k Cr | ₹4.6k Cr | ₹7.4k Cr |
| Other liabilities | ₹148 Cr | ₹3 Cr | ₹215 Cr | ₹191 Cr | ₹221 Cr | ₹3.4k Cr |
| Total liabilities | ₹1.4k Cr | ₹0 Cr | ₹8.4k Cr | ₹8.1k Cr | ₹7.8k Cr | ₹15.2k Cr |
| Fixed assets | ₹885 Cr | ₹0 Cr | ₹7.6k Cr | ₹7.4k Cr | ₹7.0k Cr | ₹13.9k Cr |
| Capital work in progress | ₹366 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹31 Cr | ₹0 Cr | ₹34 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹136 Cr | ₹0 Cr | ₹741 Cr | ₹762 Cr | ₹821 Cr | ₹1.3k Cr |
| Total assets | ₹1.4k Cr | ₹0 Cr | ₹8.4k Cr | ₹8.1k Cr | ₹7.8k Cr | ₹15.2k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Learn to analyse Maple Infrastructure Trust
Guides on how to read this kind of business and the numbers that matter.