Sustainable Energy Infra Trust (SEITINVIT) — share price & stock analysis
Profits have nearly tripled in two years, the price has kept pace — no more, no less, leaving little room for error.
Sustainable Energy Infra Trust (SEITINVIT) trades at ₹123 as of 30 June 2026, up 14% over the past year. The machine reads this as steady growth, never traded cheap: profits have nearly tripled in two years, the price has kept pace — no more, no less, leaving little room for error. It trades at a P/E of 29.7× (the 81st percentile of its own range); the price is in Stage 2 — advancing, 17 weeks in; the business cycle reads DEEP CYCLICAL / EXPANSION. Fundamentals-momentum score: 38/100 (deteriorating).
Data as of 30 June 2026 · every number traces to its Screener source column · not investment advice.
- Market cap
- ₹3,985 Cr
- P/E
- 29.7×
- ROE
- 4.5%
- vs own history (since 2025)
- 81st pctile
- Book value / share
- ₹89.4
- EPS (TTM)
- ₹4.14
- 10-yr median P/E
- 29.5×
- Revenue (FY26)
- ₹728 Cr
- Profit after tax (FY26)
- ₹134 Cr
- Weinstein stage
- Stage 2 (17 weeks)
- Data as of
- 30 June 2026
Profits swing violently in this business — a 82% peak-to-trough profit collapse. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.net_profit
Where the clock stands now: earnings sit at 96% of their historical range, margins are mid-band, and the market pays the expensive end of its range (81st percentile). That reads as EXPANSION — the comfortable middle — the easy money off the bottom is made; from here the story has to keep delivering.net_profit
1 of the 5 things we track are currently moving the right way — most of the dashboard is red.
Where the levels actually stand: ROCE 6% — weak; real debt (1.13× equity); margins mid-band. Momentum says which way things are moving; these say where they are.
Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.
What the earnings deliver, the price follows
Since May 2025, the stock is up 14% and earnings per share are down 3% — the price has tracked the profits, not run ahead of them.pricettm_eps
The market is paying for delivery, not promises. What you see in earnings is what you get in the price.
Today’s P/E of 29.7× means the market is paying up — this is the expensive end of its own history since 2025 (81st percentile).pe_ratio
A caveat on every valuation comparison here: the stock has only traded since 2025, and in that time its P/E has ranged 25–34× — it has never been cheap. “Middle of its range” means the middle of an expensive range.pe_ratio
Data: Price, EPS and valuation
| Period | Price (₹) | EPS (TTM) (₹) | P/E (×) |
|---|---|---|---|
| May 25 | 108 | 4.3 | 25.2 |
| Jun 25 | 108 | 4.3 | 25.2 |
| Jun 25 | 108 | 4.3 | 25.2 |
| Jul 25 | 116 | 4.3 | 27.1 |
| Aug 25 | 108 | 4.3 | 25.4 |
| Sep 25 | 109 | 4.3 | 25.6 |
| Nov 25 | 110 | 4.0 | 27.2 |
| Dec 25 | 118 | 4.0 | 29.2 |
| Jan 26 | 119 | 4.0 | 29.5 |
| Jan 26 | 125 | 3.8 | 30.9 |
| Mar 26 | 130 | 3.8 | 33.9 |
| Apr 26 | 119 | 3.8 | 31.1 |
| May 26 | 128 | 4.1 | 30.9 |
| Jun 26 | 119 | 4.2 | 28.7 |
| Jun 26 | 120 | 4.1 | 29.0 |
| Jun 26 | 123 | 4.1 | 29.7 |
| Jun 26 | 122 | 4.1 | 29.5 |
| Jun 26 | 122 | 4.1 | 29.5 |
| Jun 26 | 123 | 4.1 | 29.7 |
| Jun 26 | 123 | 4.1 | 29.7 |
| Jun 26 | 123 | 4.1 | 29.7 |
Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots (the window starts at the first stable snapshot — earlier IPO-era share-count revisions are excluded, since they are not earnings events); between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (29.5×).
Stage 2: the trend is up, and has been for 17 weeks
STAGE 2 · ADVANCING · 17 WEEKSPrice trends have a life cycle: they base (1), advance (2), top out (3) and decline (4). This chart is in Stage 2: advancing — 17 weeks so far, confirmed.stage
The price sits above its rising 200-day average (₹104 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200
What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200
Data: Weekly price, moving averages and stage
| Period | Price (₹) | 200-DMA (₹) | 50-DMA (₹) | Stage |
|---|---|---|---|---|
| Feb 24 | 105 | 100 | 100 | 4 |
| Feb 24 | 106 | 100 | 101 | 4 |
| Feb 24 | 107 | 100 | 101 | 4 |
| Mar 24 | 102 | 100 | 101 | 4 |
| Mar 24 | 107 | 100 | 101 | 1 |
| May 24 | 101 | 100 | 101 | 1 |
| Aug 24 | 108 | 101 | 102 | 1 |
| Mar 25 | 108 | 101 | 102 | 1 |
| May 25 | 109 | 101 | 102 | 1 |
| May 25 | 108 | 101 | 102 | 1 |
| Jun 25 | 108 | 101 | 103 | 2 |
| Jun 25 | 108 | 101 | 103 | 2 |
| Jul 25 | 116 | 101 | 103 | 2 |
| Aug 25 | 108 | 101 | 104 | 2 |
| Sep 25 | 109 | 101 | 104 | 2 |
| Nov 25 | 110 | 101 | 104 | 2 |
| Dec 25 | 118 | 101 | 105 | 2 |
| Jan 26 | 119 | 102 | 105 | 2 |
| Jan 26 | 125 | 102 | 106 | 2 |
| Mar 26 | 130 | 102 | 107 | 2 |
| Apr 26 | 119 | 102 | 107 | 2 |
| May 26 | 128 | 103 | 108 | 2 |
| Jun 26 | 123 | 103 | 110 | 2 |
| Jun 26 | 122 | 103 | 111 | 2 |
| Jun 26 | 123 | 104 | 111 | 2 |
| Jun 26 | 123 | 104 | 112 | 2 |
Profits are at an all-time high
Over 5 years, sales went from ₹326 Cr to ₹728 Cr (about 17% a year), and profit from ₹42.0 Cr to ₹134 Cr.revenuenet_profit
Margins gave up 7 points along the way — growth bought at a price.operating_profit
Data: Revenue by year
| Period | Revenue (₹ Cr) |
|---|---|
| FY21 | 326 |
| FY22 | 519 |
| FY23 | 729 |
| FY24 | 175 |
| FY25 | 722 |
| FY26 | 728 |
Data: Profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| FY21 | 42 |
| FY22 | 65 |
| FY23 | 78 |
| FY24 | 14 |
| FY25 | 139 |
| FY26 | 134 |
Data: OPM % by year
| Period | OPM % (%) |
|---|---|
| FY21 | 89.0 |
| FY22 | 85.0 |
| FY23 | 84.6 |
| FY24 | 73.7 |
| FY25 | 83.4 |
| FY26 | 82.0 |
Sales have gone quiet — growth has stalled
Mar 26 sales were ₹194 Cr, up 2% on the same quarter last year.revenue
Data: Quarterly sales
| Period | Revenue (₹ Cr) | YoY growth (%) |
|---|---|---|
| Dec 23 | 0.0 | – |
| Mar 24 | 0.0 | – |
| Jun 24 | 206 | – |
| Sep 24 | 160 | – |
| Dec 24 | 165 | – |
| Mar 25 | 191 | – |
| Jun 25 | 201 | -2.4 |
| Sep 25 | 162 | 1.3 |
| Dec 25 | 172 | 4.2 |
| Mar 26 | 194 | 1.6 |
Margins are compressing — 84% → 82% in a year
Of every ₹100 of sales, the company keeps ₹81.7 as operating profit (a year ago it kept ₹84.4).opm_pct
Zoom out and this is the page's quiet hero: annual operating margin bottomed at 73.7% in FY24 and has been rebuilt to 82.0% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit
The gross margin barely moved (100% → 100%), so the change came from running costs — overheads are growing faster than sales.gpm_pctopm_pct
Data: Three margins, quarterly
| Period | Gross (%) | Operating (%) | Net (%) |
|---|---|---|---|
| Dec 23 | – | – | – |
| Mar 24 | 100 | 78.6 | 12.7 |
| Jun 24 | 100 | 84.8 | 25.0 |
| Sep 24 | 100 | 81.3 | 9.8 |
| Dec 24 | 100 | 82.4 | 17.7 |
| Mar 25 | 100 | 84.4 | 22.3 |
| Jun 25 | 100 | 85.2 | 25.3 |
| Sep 25 | 100 | 79.8 | 5.3 |
| Dec 25 | 100 | 80.8 | 13.0 |
| Mar 26 | 100 | 81.7 | 26.9 |
Profit jumped 24% — mostly from interest costs
Mar 26 profit after tax was ₹52.0 Cr, up 24% year on year.net_profit
Data: Quarterly profit after tax
| Period | PAT (₹ Cr) | YoY growth (%) |
|---|---|---|
| Dec 23 | -6.0 | – |
| Mar 24 | 70.0 | – |
| Jun 24 | 52.0 | – |
| Sep 24 | 16.0 | – |
| Dec 24 | 29.0 | 583.3 |
| Mar 25 | 42.0 | -40.0 |
| Jun 25 | 51.0 | -1.9 |
| Sep 25 | 9.0 | -43.8 |
| Dec 25 | 22.0 | -24.1 |
| Mar 26 | 52.0 | 23.8 |
The single biggest driver was depreciation.
Data: Where the profit change came from (Mar 25 → Mar 26)
| Component | Effect (₹ Cr) |
|---|---|
| PAT Mar 25 | 42 |
| More sales | +3 |
| Thinner margins | −5 |
| Other income | −4 |
| Depreciation | +8 |
| Interest | +8 |
| Tax | +2 |
| Everything else | −2 |
| PAT Mar 26 | 52 |
The profits are real — they turn into cash
Over the last 5 profitable years, the business reported ₹430 Cr of profit and collected ₹2,501 Cr of operating cash — about 582% conversion.operating_cash_flownet_profit
When cash tracks profit this closely, the earnings need no asterisk.
Data: Cash collected vs profit reported (annual)
| Period | Operating cash flow (₹ Cr) | Profit after tax (₹ Cr) |
|---|---|---|
| FY21 | 402 | 42.0 |
| FY22 | 455 | 65.0 |
| FY23 | 704 | 78.0 |
| FY24 | 87.0 | 14.0 |
| FY25 | 638 | 139 |
| FY26 | 617 | 134 |
The cash cycle is stable
One rupee now takes about 16 days to go out the door as materials and come back as collected cash — down from 22 days the year before.cash_conversion_cycle
The biggest mover: customers paying faster (22 → 16 days).debtor_days
Data: Days of cash locked up (annual)
| Period | Customers owe (debtor days) (days) |
|---|---|
| FY21 | 86.0 |
| FY22 | 81.0 |
| FY23 | 41.0 |
| FY24 | 132 |
| FY25 | 22.0 |
| FY26 | 16.0 |
The asset base keeps compounding — this company builds
The productive asset base has gone from ₹2,262 Cr (FY21) to ₹6,250 Cr.fixed_assetscwip
The build is self-funded: the last 3 years' investing outflow (₹−145 Cr) fits inside the operating cash the business generated (₹1,342 Cr).investing_cash_flowoperating_cash_flow
Data: Assets in place vs under construction (annual)
| Period | Fixed assets (₹ Cr) | Under construction (CWIP) (₹ Cr) |
|---|---|---|
| FY21 | 2,262 | 1,280 |
| FY22 | 4,098 | 1,177 |
| FY23 | 5,201 | 0.0 |
| FY24 | 6,778 | 8.0 |
| FY25 | 6,495 | 21.0 |
| FY26 | 6,250 | 0.0 |
Carrying real debt
For every ₹100 shareholders have put in (and left in), the company has borrowed ₹113.borrowings
Data: Total borrowings (annual)
| Period | Borrowings (₹ Cr) |
|---|---|
| FY21 | 2,875 |
| FY22 | 4,194 |
| FY23 | 4,604 |
| FY24 | 3,427 |
| FY25 | 3,335 |
| FY26 | 3,281 |
Data: Debt vs shareholders’ money (annual)
| Period | Debt ÷ equity (x) |
|---|---|
| FY21 | 6.8 |
| FY22 | 7.5 |
| FY23 | 7.2 |
| FY24 | 1.1 |
| FY25 | 1.1 |
| FY26 | 1.1 |
Every ₹100 kept in the business earns just ₹6
Return on capital employed is 6.0% (a year ago: 6.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct
Data: Returns on capital (annual)
| Period | ROCE (%) |
|---|---|
| FY22 | 8.0 |
| FY23 | 9.0 |
| FY24 | 2.0 |
| FY25 | 6.0 |
| FY26 | 6.0 |
- Sales are NOT driving the profit move — revenue grew just 1.6% while profit moved much more. This is a margin-and-recovery story, which has a shorter runway than a volume story.revenuenet_profit
Strong on the data — worth the deeper look if the story keeps its promises
The numbers lean positive, and the price is roughly fair to the delivery so far.
Best thing in the data: free cash flow rising (₹615 Cr → ₹911 Cr).operating_cash_flow
Biggest worry: margins falling (84.3% → 82.0%).operating_profit
One dissent worth hearing: our valuation lens reads negative — “its fair-value math says the price sits about 44% above what the numbers justify”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.
Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.
Straight answers from the data
What does Sustainable Energy Infra Trust do?
Incorporated in 2023, Sustainable Energy Infra Trust operates as an infrastructure investment trust[1]. It is listed in the Infrastructure Investment Trusts sector with a market capitalisation of ₹3,985 Cr.
What is Sustainable Energy Infra Trust's share price?
As of 30 June 2026, Sustainable Energy Infra Trust trades at ₹123, up 14% over the past year, with a market capitalisation of ₹3,985 Cr. Prices are weekly closes from Screener data; this page refreshes with each weekly update.
What is Sustainable Energy Infra Trust's share price target?
Sector Alpha does not publish broker-style price targets. Our discounted-cash-flow model estimates Sustainable Energy Infra Trust's intrinsic value at ₹46.0 per share under base assumptions (bear ₹32.0, bull ₹60.0), against the current price of ₹123 — a 63% premium to model value. The current price already implies roughly 21% annual earnings growth. These are model estimates, not forecasts — treat them as one input alongside the valuation history below, not as a target.
Is Sustainable Energy Infra Trust stock overvalued or undervalued?
Sustainable Energy Infra Trust trades at a P/E of 29.7× — the 81st percentile of its own 1.1-year trading range (median 29.5×), which is near the top of its own historical range. What the earnings deliver, the price follows. Since May 2025, the stock is up 14% and earnings per share are down 3% — the price has tracked the profits, not run ahead of them. Note the short 1.1-year valuation record.
What did Sustainable Energy Infra Trust report in its latest quarterly results?
In its most recent reported quarter (Q4 FY26, quarter ended March 2026): Mar 26 sales were ₹194 Cr, up 2% on the same quarter last year. Mar 26 profit after tax was ₹52.0 Cr, up 24% year on year. Figures are from Screener-scraped quarterly filings; the page updates when the next quarter is filed.
Is Sustainable Energy Infra Trust growing?
Sales have gone quiet — growth has stalled. Mar 26 sales were ₹194 Cr, up 2% on the same quarter last year.
Are Sustainable Energy Infra Trust's profits growing?
Profit jumped 24% — mostly from interest costs. Mar 26 profit after tax was ₹52.0 Cr, up 24% year on year.
What are Sustainable Energy Infra Trust's operating margins?
Margins are compressing — 84% → 82% in a year. In the most recent quarter, of every ₹100 of sales, the company keeps ₹81.7 as operating profit (a year ago it kept ₹84.4).
What is Sustainable Energy Infra Trust's long-term growth record?
Revenue grew from ₹326 Cr in FY21 to ₹728 Cr in FY26 — a 17.4% compound annual growth rate over 5 years. Profit after tax compounded at 26.1% over the same period (₹42 Cr → ₹134 Cr).
Is Sustainable Energy Infra Trust stock in an uptrend?
Stage 2: the trend is up, and has been for 17 weeks. Sustainable Energy Infra Trust is in Stage 2 — advancing, 17 weeks in (confirmed). Stages follow Stan Weinstein's four-phase read of weekly price against the 200-day average: basing (1), advancing (2), topping (3), declining (4).
Why is Sustainable Energy Infra Trust stock rising?
The price is up 14% over the past year, in a confirmed Stage 2 uptrend (17 weeks). Earnings are moving with the price — this is a profit-backed move, not a pure re-rating. Since 2025, the price is up 14% while earnings per share moved -3%.
Where is Sustainable Energy Infra Trust in its business cycle?
The data reads Sustainable Energy Infra Trust as a deep cyclical business currently in its expansion phase — earnings at 96% of their own historical range, valuation at the 81st percentile. Profits swing violently in this business — a 82% peak-to-trough profit collapse. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.
Does Sustainable Energy Infra Trust have too much debt?
Carrying real debt. For every ₹100 shareholders have put in (and left in), the company has borrowed ₹113.
What is the bull case for Sustainable Energy Infra Trust?
Profits have nearly tripled in two years, the price has kept pace — no more, no less, leaving little room for error. Best thing in the data: free cash flow rising (₹615 Cr → ₹911 Cr). Sales have gone quiet — growth has stalled.
What is the bear case for Sustainable Energy Infra Trust — what could break the story?
Biggest worry: margins falling (84.3% → 82.0%). Two quarters of profit reversing would kill this story. This falsification condition is stated up front so the thesis can be checked against incoming quarters, not defended after the fact.
Is Sustainable Energy Infra Trust a stock worth studying right now?
Sector Alpha does not publish buy or sell recommendations — this is a research read, not advice. What the data says: strong on the data — worth the deeper look if the story keeps its promises. The numbers lean positive, and the price is roughly fair to the delivery so far. Across the 7-model scorecard the composite research signal is study deeper at 66% confidence. This is machine-written research compiled from Screener data — every number traces to its source — and it is not investment advice. Do your own diligence.