BSEIndiGrid Infrastructure TrustLowNeutral
Announced Mon, 25 Aug · 15:19 IST

Indigrid Infrastructure Trust has informed the Exchange regarding Disclosure of material issue

Guidance RaisedBusiness Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IndiGrid submitted its first Sustainability Report for FY 2024-25, covering its power transmission, solar generation, and battery energy storage operations. The Trust reported Revenue from Operations of INR 32,876 million (up 14.8% YoY) and EBITDA of INR 29,231 million (up 18.7% YoY), with Assets Under Management of INR 296 billion. It delivered a Distribution Per Unit (DPU) of INR 15.35, beating its guidance of INR 15.00, and raised its FY 2025-26 DPU guidance by 6.7% to INR 16.00 per unit. Key operational highlights include commissioning India's first regulated utility-scale standalone BESS (Kilokari, 20 MW/40 MWh), winning new BESS projects of 430 MW/860 MWh with GUVNL and NVVNL, and setting up EnerGrid with BII and Norfund with a USD 300 million commitment.

Likely market impact

Positive for unitholders — IndiGrid beat its DPU guidance for FY 2024-25 and raised FY 2025-26 DPU guidance by 6.7%, signalling confidence in future cash flows. Strong revenue and EBITDA growth, alongside expansion into BESS, supports the stock's appeal as a yield-oriented investment.