NDR INVIT Trust share price & results
- Jun 2026
India's first perpetual-cash-flow warehousing & industrial-park InvIT, leasing space nationwide.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 124 | +21.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 89.0 | +3.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 36.0 | −5.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 2.61 | −0.9 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | +104.6 pts | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | 26.21 | +109.8 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +23.9% 1Y
1Y: ₹121.02 on 24 Oct 2025 → ₹150. High ₹153 (7 Oct 2026), low ₹119.5 (5 Dec 2025).
- Previous close
- ₹152
- Market cap
- ₹7.0k Cr
- 52-week range
- ₹119.5 – ₹153
- One year
- +22.95%
- Price to earnings (TTM to Jun 2026)
- 69.59×
- Return on equity (TTM to Jun 2026)
- 2.61%
Overview
- Symbol
- NSE:NDRINVIT
- Sector
- Services
- Exchange
- NSE
- Currency
- INR
What NDR INVIT Trust does
Based on the company's own presentations, annual report and earnings calls.
NDR InvIT Trust is an Infrastructure Investment Trust, sponsored by N D R Ware Housing Private Limited, that owns and leases a portfolio of warehouses and industrial parks to logistics, e-commerce, auto, FMCG, retail and other manufacturing/consumption-hub tenants across India. It earns rental income under Built-to-Suit and lease arrangements, with the underlying assets held through a group of special-purpose vehicles (SPVs). The Trust is managed by NDR InvIT Managers Private Limited as Investment Manager and NDR Asset Management Private Limited as Project Manager, and its sponsor group has multi-generational experience in warehousing, bonded warehousing, container freight stations and 3PL. Beyond its operating portfolio, the sponsor has granted the Trust a Right of First Offer (ROFO) over a further pipeline of warehousing assets across additional Indian cities.
Segments
- Warehousing & Industrial Park Leasing
- Portfolio area (AUM)
- 22.17 million sq. ft.
- Warehouses operated
- 70+
- Industrial parks
- 40
- Client base
- 100+ clients
- City locations
- 17 (across North, East, West and South zones)
- Underlying SPVs
- 28 (27 wholly-owned, 1 held 74%)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 5 fiscal years held (Mar 2022 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −5% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 75 | 79 | 95 | 102 | 104 | 106 | 109 | 124 |
| Expenses | 10 | 10 | 12 | 14 | 13 | 13 | 15 | 13 |
| Operating profit | 65 | 70 | 82 | 88 | 91 | 93 | 94 | 111 |
| Operating margin | 86.0% | 88.0% | 87.0% | 86.0% | 88.0% | 88.0% | 86.0% | 89.0% |
| Other income | 1 | 2 | 10 | 7 | 4 | 3 | 2 | 8 |
| Interest | 8 | 12 | 33 | 32 | 33 | 33 | 33 | 44 |
| Depreciation | 16 | 16 | 18 | 19 | 20 | 21 | 21 | 23 |
| Profit before tax | 42 | 44 | 41 | 43 | 42 | 42 | 43 | 52 |
| Tax rate | 35.0% | 14.0% | 19.0% | 12.0% | 14.0% | 21.0% | 87.0% | 31.0% |
| Net profit | 27 | 37 | 33 | 38 | 37 | 33 | 6 | 36 |
| EPS (₹ per share) | 0.70 | 0.96 | 0.85 | 0.97 | 0.94 | 0.83 | 0.17 | 0.79 |
| Line item | Mar 2025 | Mar 2026 |
|---|---|---|
| Sales | 324 | 421 |
| Expenses | 42 | 55 |
| Operating profit | 282 | 366 |
| Other income | 14 | 16 |
| Interest | 61 | 131 |
| Depreciation | 65 | 81 |
| Profit before tax | 170 | 170 |
| Net profit | 136 | 114 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 130 | 127 | 3,818 | 3,818 | 3,725 | 3,928 |
| Reserves | 16 | 55 | 18 | 57 | 82 | -141 |
| Borrowings | 1,055 | 1,378 | 448 | 1,452 | 1,453 | 2,153 |
| Other liabilities | 259 | 329 | 252 | 268 | 275 | 504 |
| Total liabilities | 1,459 | 1,888 | 4,536 | 5,595 | 5,535 | 6,443 |
| Fixed assets | 906 | 1,222 | 3,856 | 4,887 | 4,903 | 5,549 |
| Capital work in progress | 157 | 287 | 233 | 42 | 27 | 95 |
| Investments | 0 | 0 | 0 | 293 | 219 | 11 |
| Other assets | 397 | 380 | 448 | 372 | 386 | 788 |
| Total assets | 1,459 | 1,888 | 4,536 | 5,595 | 5,535 | 6,443 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from operations | -53 | 226 | -53 | 294 | 531 |
| Cash from investing | -352 | -467 | -4,009 | -1,198 | -499 |
| Cash from financing | 420 | 248 | 4,133 | 852 | 374 |
| Net cash flow | 15 | 6 | 72 | -52 | 406 |
| Free cash flow | -65 | 227 | -129 | 214 | 431 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor days | 38 | 32 | 233 | 27 | 23 |
| Cash conversion cycle | 38 | 32 | 233 | 27 | 23 |
| Working capital days | 11 | -279 | 170 | 26 | -409 |
| Return on capital employed | — | 11.0% | 1.0% | 5.0% | 5.0% |
| Dividend payout | 0.0% | 0.0% | 206.0% | 198.0% | 255.0% |
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