NDR INVIT Trust share price today

NDR INVIT Trust's share price was ₹151.25 at the close on 4 November 2026. It has been rising for 55 weeks. That is 19.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹120 and ₹153, and at that close it sat 95% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today NDR INVIT Trust is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 11 weeks in a row.

Over the last 2.7 years the share price moved +48% while the NIFTY 500 moved +9%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 10 quarters, revenue up on a year earlier for 6 quarters in a row (every quarter we can compare) and highest quarterly revenue in 10 quarters.

1. Best operating margin in 10 quarters

   Operating margin was 89% in the June 2026 quarter, against 86% a year earlier.

2. Revenue up on a year earlier for 6 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹124 crore, +21.6% on a year earlier.

3. Highest quarterly revenue in 10 quarters

   Revenue of ₹124 crore in the June 2026 quarter is the highest of the last 10 quarters.

For July to September 2026 (the quarter ended 30 September 2026), NDR INVIT Trust reported revenue of ₹132 crore, up 26.9% from ₹104 crore a year earlier, and a profit of ₹34.0 crore, down 8.1% from ₹37.0 crore.

NDR INVIT Trust results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

NDR INVIT Trust closed at ₹151.25 on 4 November 2026, up 24.0% from ₹122.00 a year earlier (6 November 2025). Its highest weekly close since February 2024 was ₹152.00 on 23 October 2026.

NDR INVIT Trust share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

89 weekly closes from 16 February 2024 to 4 November 2026.

6 Nov 2026: Coming up: ex-date for a distribution dividend. 4 Nov 2026: NDR INVIT Trust closed at ₹151.25, up 2.2% on the week and down 0.2% on the month.

Earlier

• Results for July to September 2026: Revenue up 26.9% and profit down 8.1% on a year earlier.
• 19 Aug 2026: ex-date for a distribution dividend.
• 2 Jun 2026: ex-date for a distribution dividend.
• 16 Feb 2026: ex-date for a distribution dividend.

The last was a dividend whose amount we could not read, ex-date 19 August 2026. Next: a dividend, ex-date 6 November 2026.

NDR INVIT Trust dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

We do not print a yield for NDR INVIT Trust: its payouts are trust distributions (interest and capital paid back), not company dividends.

Yes. NDR INVIT Trust paid out 255% of its profit as dividends in FY26, and it paid a dividend in 3 of its last 5 reported years.

From the NSE corporate-actions record, read 5 November 2026.

NDR INVIT Trust is on one of our India lists: Momentum stocks.

NDR INVIT Trust earned ₹34.0 Cr of net profit in the Sep 2026 quarter, −8.1% on the same quarter a year earlier. Full-year FY26 profit was ₹113 Cr. Over 4 years profit has grown 50.5% a year on average. That is 25.8% of the quarter's revenue. The same quarter a year earlier earned ₹37.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹113 Cr (−17.5% on the year before).

Why profit moved: revenue changed +26.9% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −26.5% and revenue +24.4%. Profit is growing slower than sales: rising costs are taking part of the growth.

NDR INVIT Trust reported ₹132 Cr of revenue in the Sep 2026 quarter, +26.9% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 4 years it has grown 25.4% a year on average. The last full year, FY26, came in at ₹420 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹471 Cr.

FY26 revenue was ₹420 Cr, +29.6% on the year before.

Recent pace: the last four quarters grew +24.4% on average, against 25.4% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

NDR INVIT Trust's operating margin was 86.0% in the Sep 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 72.0% and 87.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −1.4 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 288% of NDR INVIT Trust's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹531 Cr of operating cash against ₹113 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹796 Cr of spending on assets, free cash was −₹265 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 288% of profit came in as cash: the cash cycle got 15 days shorter between FY22 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 27.9× depreciation over three years. The next section checks what that spending is building.

NDR INVIT Trust's cash cycle, the days between paying suppliers and getting paid by customers, was 23 days in FY26, down from 38 days in FY22. It spent ₹4,289 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹420 Cr, each day of that cycle ties up about ₹1.2 Cr, so roughly ₹26.0 Cr is tied up in the business at any time.

Spending on assets: ₹4,289 Cr over the last 3 years, against ₹154 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹95.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

NDR INVIT Trust's P/E is 71.8×, near the high end of its own history: higher than 91% of past readings. Its usual P/E (the middle reading) is 52.5×, over 2.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹2.53.

Why the multiple is where it is: over the past year earnings per share moved −17.6% while the price moved +24.0%. The price did better than earnings, which pushed the multiple up within its own range.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

NDR INVIT Trust's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 7 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Profit decline.

Regulatory and governance record

Declining profit despite revenue growth.

Checked 15 March 2026.

NDR INVIT Trust earned a ROCE of 5% in FY26. That is up from a low of 1% in FY24. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 26.9% net margin and 0.07× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 26.9% net margin × 0.07× asset turnover × 1.70× leverage (assets divided by equity) ≈ 3.2% on equity. The margin does most of the work; borrowing is a big part of it.

NDR INVIT Trust had ₹2,153 Cr of borrowings against ₹3,787 Cr of equity in FY26, so its debt is 0.57× its equity. Its operating profit is 3 times its interest bill. Over 4 years borrowings went from ₹1,055 Cr to ₹2,153 Cr. Over the last 3 of those years it spent ₹4,289 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

Only one quarter of NDR INVIT Trust's shareholding is on file so far, so there is no change to read yet. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

For NDR INVIT Trust, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

43.6 out of 100, rank 9 of 9 in Infrastructure Investment Trusts, with 46% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

NDR INVIT Trust scores 43.6 out of 100 against the 9 companies it is compared with in Infrastructure Investment Trusts, ranking 9. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 16.5 + 10.3 + 4.3 + 12.5 = 43.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.

NDR INVIT Trust ranks 9 of 9 Infrastructure Investment Trusts companies on the 4-Factor Sector Score, with 43.6 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Infrastructure Investment Trusts, all 9 compared on one page.

NDR INVIT Trust is the 6th largest of 9 Infrastructure Investment Trusts companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Cube Highways Trust, IndiGrid Infrastructure Trust and Powergrid Infrastructure Investment Trust. Just below it: IRB InvIT Fund, Shrem InvIT and Sustainable Energy Infra Trust.

Infrastructure Investment Trusts companies close in size

3. Cube Highways Trust ₹20,286 crore
4. IndiGrid Infrastructure Trust ₹19,163 crore
5. Powergrid Infrastructure Investment Trust ₹9,585 crore
6. NDR INVIT Trust ₹6,928 crore
7. IRB InvIT Fund ₹6,312 crore
8. Shrem InvIT ₹6,176 crore
9. Sustainable Energy Infra Trust ₹3,969 crore

All 9 Infrastructure Investment Trusts companies, largest first

Companies close in size in other industries

714. EPL Ltd ₹6,954 crore · Packaging - FMCG/Consumers
715. Kama Holdings Ltd ₹6,945 crore · Finance - Holding Company
716. NDR INVIT Trust ₹6,928 crore
717. Star Cement Ltd ₹6,916 crore · Cement
718. India Shelter Finance Corporation Ltd ₹6,897 crore · Finance - Housing

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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