In Week of Mar 28, 2026, NDR INVIT Trust (Infrastructure Investment Trusts) is outperforming Nifty 500 with +8.5% relative strength. Fundamentals: Weak. On a 7-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: New warehousing asset in Tamil Nadu to add recurring rental income stream
Impact: +₹5.5 Cr revenue
“Press Release – NDR InvIT Trust for Q3 FY26 & Acquisition of Asset in Hosur, Feb 12, 2026”
What: Continued efficiency gains from scale and favorable lease structures
“Operating margin of 88.03% reflects efficient property management, favourable lease structures”
What: Using operating cash flows to reduce debt burden
“Debt Reduction: Deleveraging through cash generation or equity infusion would reduce interest burden”
Earnings deceleration risks from management commentary
Trigger: RBI rate hike >50 bps
Impact: -100 bps margin impact
Management view: Interest costs remained elevated at ₹32.83 crores in Q3 FY26, reflecting the trust's debt-funded growth strategy
Monitor: Interest coverage ratio
Trigger: Tax rate >25%
Impact: -50 bps margin impact
Management view: The tax provision surged to ₹9.00 crores in Q3 FY26, pushing the effective tax rate to 21.29%
Monitor: Effective tax rate
Key quotes from recent conference calls
“robust occupancy rates and favourable rental escalations across the trust's warehousing portfolio — Management”
“Operating margin of 88.03% reflects efficient property management, favourable lease structures, and the scalability of the warehousing business model. — Management”
“Net sales of ₹105.89 crores in Q3 FY26 represent the highest quarterly revenue, with robust 33.50% YoY growth demonstrating strong demand for warehousing assets. — Management”
“Continuation of quarterly revenue expansion above 30% YoY would validate the growth thesis and justify premium valuations. — Management”
Forward-looking targets from management for Next 2-4 quarters
Revenue Growth Target
30%
Implied PAT Growth
5%
OPM Guidance
88.5%
Key Milestones
• Hosur asset integration
• Debt reduction progress
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +34% | +24% | Stable |
| PAT (Net Profit) | -11% | +80% | Inflection Down |
| OPM | 88.0% | 0 bps | Expanding |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
NDR INVIT Trust's latest quarterly results (Dec 2025) show
NDR INVIT Trust's profit is declining with an inflecting downward trend.
NDR INVIT Trust's revenue growth trend is stable.
NDR INVIT Trust's operating margin is expanding.
NDR INVIT Trust's long-term compounding rates
NDR INVIT Trust's earnings growth is inflecting downward with weakening on a sequential basis.
NDR INVIT Trust's trailing twelve month (TTM) performance
NDR INVIT Trust appears slightly undervalued based on our fair value analysis.
NDR INVIT Trust's current PE ratio is 34.9x.
NDR INVIT Trust's current PE is 34.9x.
NDR INVIT Trust's price-to-book ratio is 1.3x.
NDR INVIT Trust is rated Weak with a fundamental score of 30.25/100. This score is calculated from objective financial metrics
NDR INVIT Trust has a debt-to-equity ratio of N/A.
NDR INVIT Trust's return ratios over recent years
NDR INVIT Trust's operating cash flow is positive (FY2025).
NDR INVIT Trust's current dividend yield is 2.99%.
NDR INVIT Trust has been outperforming Nifty 500 for 7 consecutive weeks, indicating building momentum.
NDR INVIT Trust is an established outperformer with 7 weeks of consecutive Nifty 500 outperformance.
NDR INVIT Trust has 3 key growth catalysts identified from recent earnings analysis
NDR INVIT Trust has 2 key risks worth monitoring
In Q3 FY26, NDR INVIT Trust's management highlighted
NDR INVIT Trust's management has provided the following forward guidance for Next 2-4 quarters
Based on quantitative research signals, here is why NDR INVIT Trust may be worth studying
NDR INVIT Trust investment thesis summary:
NDR INVIT Trust's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
