Sustainable Energy Infra Trust (Infrastructure Investment Trusts) — fundamental analysis, earnings data, and key metrics. PE: 33.9. ROE: 4.3%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Apr 18, 2026
What: Repo rate reduction: 25 bps
“RBI MPC reduced repo rate by 25 bps on 5 Dec’25; Trust’s cost of debt for part of the floating rate term loan shall reset in January 2026”
What: Receivable Days: 12 days
“Receivable days reduced significantly to 12 days in Dec’25 from 32 days in Mar’24”
What: New CFO Appointment: Mr. Anirban Das
“approved the appointment of Mr. Anirban Das as Chief Financial Officer and Key Managerial Personnel of the Investment Manager with effect from February 5, 2026”
What: Receivable days reduced to 12 days
“Receivable days reduced significantly to 12 days in Dec’25 from 32 days in Mar’24... All long overdue receivables of BREPL & NSPL recovered”
Earnings deceleration risks from management commentary
Trigger: Demands raised by labor department and tax authorities which are currently under appeal.
Management view: The company has filed appeals and is contesting the demands in various forums.
Monitor: regulatory
Key quotes from recent conference calls
“Declaration of distribution for the quarter ended June 30, 2025, amounting to INR 3.04316 per unit to all the unitholders [Previous Distribution per unit guidance]”
“rupee term loan from banks and/or financial institutions for refinancing of certain existing rupee term loan [Initiative: Debt Refinancing]”
“Claims against the Group not acknowledged as debt... Towards Building and Other Construction Workers (BOCW)... income tax disputed demands... Total 446.07 [Risk (regulatory): MEDIUM]”
“RBI MPC reduced repo rate by 25 bps on 5 Dec’25; Trust’s cost of debt for part of the floating rate term loan shall reset in January 2026 [Catalyst (interest_cost_reduction_deleveraging): ACTIVE]”
Headline numbers from the latest earnings call
Revenue
INR 1,852 million
Consolidated total income declined year-on-year while revenue from operations saw a marginal increase.
EBITDA
INR 1,522 million
EBITDA margins contracted by 270 basis points compared to the previous year's quarter.
PAT
INR 223.22 million
PAT saw a significant sequential recovery despite the year-on-year decline.
Other Highlights
• Receivable days reduced to 12 days in Dec’25 from 32 days in Mar’24
• Distribution of INR 2.39558 per unit declared for Q3 FY26
• 7.73 MWp capacity enhancement completed in Project Rewa
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Portfolio PLF (9MFY26)
24.4%
Portfolio Plant Availability (Q3FY26)
99.2%
Net Generation (Q3FY26)
574.2 MUs
Receivable Period
12 days
Why: Recovery of long overdue receivables from BREPL and NSPL.
Debt Service Coverage Ratio
2.05 x
Total Debt
₹3,244 Cr
Assets Under Management (AUM)
₹6,903 Cr
Interest Service Coverage Ratio
2.52 x
Forward-looking targets from management
Capex Plan
₹636.35 Cr
INR 636.35 crores
Refinancing of certain existing rupee term loan
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Sustainable Energy Infra Trust's latest quarterly results (Dec 2025) show
Sustainable Energy Infra Trust's current PE ratio is 33.9x.
Sustainable Energy Infra Trust's price-to-book ratio is 1.4x.
Sustainable Energy Infra Trust's fundamental strength based on key financial ratios
Sustainable Energy Infra Trust has a debt-to-equity ratio of N/A.
Sustainable Energy Infra Trust's return ratios over recent years
Sustainable Energy Infra Trust's operating cash flow is positive (FY2025).
Sustainable Energy Infra Trust's current dividend yield is 6.35%.
Sustainable Energy Infra Trust is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Sustainable Energy Infra Trust has 4 key growth catalysts identified from recent earnings analysis
Sustainable Energy Infra Trust has 1 key risk worth monitoring
In Q3 FY26, Sustainable Energy Infra Trust's management highlighted
Sustainable Energy Infra Trust's management has provided the following forward guidance
Sustainable Energy Infra Trust's most important sub-sector-specific KPIs from the latest concall
Based on quantitative research signals, here is why Sustainable Energy Infra Trust may be worth studying
Sustainable Energy Infra Trust investment thesis summary:
Sustainable Energy Infra 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.
