SEITINVIT
Sustainable Ener share price & financials
- Price
- ₹123
- Market cap
- ₹4.0k Cr
- Sector
- Power
What Sustainable Ener does
Sustainable Energy Infra Trust (SEIT) is a SEBI-registered Infrastructure Investment Trust that owns and operates a portfolio of eight operational solar power generation projects across India, held through special purpose vehicles (SPVs) including Megasolis Renewables, Astra Solren, Brightsolar Renewable Energy, Mega Suryaurja, Neo Solren and Emergent Solren. It earns revenue by generating and selling solar power under long-term power purchase agreements (PPAs) with counterparties such as SECI, NTPC, DMRC and MPPMCL, and passes through the resulting net distributable cash flows to unitholders. The Trust is managed by Sustainable Energy Infra Investment Managers Private Limited (Investment Manager) and Green Energy Infra Project Managers Private Limited (Project Manager), is sponsored by Mahindra Susten Private Limited and Ontario Teachers' Pension Plan Board (via its Ontario entities), with Axis Trustee Services Limited as trustee.
Segments
- Solar Power Generation
- Operational solar power projects
- 8
- Total operational capacity
- 1,553 MWp DC / 1,127 MW AC
- Project SPVs (subsidiaries)
- 6 (Megasolis Renewables, Neo Solren, Astra Solren, Brightsolar Renewable Energy, Mega Suryaurja, Emergent Solren)
- Individual project capacity range
- 10 MW AC (BREPL) to 250 MW AC (Rewa, ISTS, MSUPL)
- Weighted average residual PPA life
- c.19.7 years
- States of operation
- Rajasthan, Madhya Pradesh, Gujarat, Telangana/Andhra Pradesh
Quarterly results
Q1 FY27: net profit down 6.5% 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -4 | -3 | -86 | -4 | -4 +0% | -3 +0% | -37 +57% | -7 −75% |
| Net profit | 91 | 92 | 6 | 93 | 89 −2% | 93 +1% | 54 +800% | 87 −6% |
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.
Performance +13.8% 1Y
1Y: ₹109 on 4 Sept 2025 → ₹124. High ₹130 (30 Mar 2026), low ₹109 (4 Sept 2025).
Financials, as filed
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹0 Cr | ₹0 Cr |
| Operating profit | ₹-97 Cr | ₹-48 Cr |
| Interest | ₹273 Cr | ₹252 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹279 Cr | ₹329 Cr |
| Cash from operations | ₹-14 Cr | ₹-15 Cr |
| Free cash flow | ₹-14 Cr | ₹-15 Cr |
| ROCE | 8.0% | 9.0% |
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 | ₹326 Cr | ₹330 Cr | ₹330 Cr | ₹3.2k Cr | ₹3.2k Cr | ₹3.2k Cr |
| Reserves | ₹96 Cr | ₹232 Cr | ₹310 Cr | ₹24 Cr | ₹-249 Cr | ₹-3 Cr |
| Borrowings | ₹2.9k Cr | ₹4.2k Cr | ₹4.6k Cr | ₹3.4k Cr | ₹3.3k Cr | ₹3.2k Cr |
| Other liabilities | ₹605 Cr | ₹1.1k Cr | ₹649 Cr | ₹2 Cr | ₹802 Cr | ₹2 Cr |
| Total liabilities | ₹3.9k Cr | ₹5.9k Cr | ₹5.9k Cr | ₹6.6k Cr | ₹7.1k Cr | ₹6.5k Cr |
| Fixed assets | ₹2.3k Cr | ₹4.1k Cr | ₹5.2k Cr | ₹0 Cr | ₹6.4k Cr | ₹0 Cr |
| Capital work in progress | ₹1.3k Cr | ₹1.2k Cr | ₹0 Cr | ₹0 Cr | ₹22 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1.9k Cr | ₹257 Cr | ₹1.9k Cr |
| Other assets | ₹360 Cr | ₹623 Cr | ₹691 Cr | ₹4.8k Cr | ₹463 Cr | ₹4.5k Cr |
| Total assets | ₹3.9k Cr | ₹5.9k Cr | ₹5.9k Cr | ₹6.6k Cr | ₹7.1k Cr | ₹6.5k 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 Sustainable Ener
Guides on how to read this kind of business and the numbers that matter.