II

IndiGrid Infrastructure Trust

Q4 FY26Power

IndiGrid Infrastructure Trust Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹176
Market cap₹20.2K Cr
P/E49.9
Updated23 Aug 2026
Read4 min read

What the Q4 FY26 call signalled

3 of 5 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned
Order bookOrder book rising

The short version

IndiGrid anticipates robust growth driven by India's increasing energy demand and renewable energy integration. IndiGrid expects continued growth via value-accretive acquisitions, greenfield developments, and disciplined capital deployment.

From IndiGrid Infrastructure Trust's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Moderate growth
  • IndiGrid anticipates robust growth driven by India's increasing energy demand and renewable energy integration.
  • Market size for transmission and battery energy storage systems (BESS) expected to reach INR 9-10 lakh crores over the next decade.
  • Current active bids in transmission exceed INR 2 lakh crores, indicating strong pipeline opportunities.
  • Growth fueled by acquisitions, greenfield developments, and augmentation projects.
  • Focus on participating in large-scale transmission and BESS projects to capitalize on energy transition.
  • Execution capability, land access, and transmission connectivity are key competitive advantages.
  • Confidence in sustaining and growing operational cash flows for predictable distributions.

2 more points management made on revenue & sales performance

Profitability & Margins

See what IndiGrid Infrastructure Trust said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • IndiGrid currently has under construction projects valued at approximately INR 7,500 to 8,000 crores, expected to be commissioned within 12 to 24 months.
  • They invest about one-third equity in EnerGrid assets under construction, incurring interest costs indirectly through these investments.
  • The strategy includes investing in battery energy storage systems (BESS), with two plants operational and successful returns.
  • IndiGrid is actively participating in a bidding pipeline exceeding INR 2 lakh crores for transmission and BESS projects.
  • The company plans to seek annual Board approval for raising up to INR 2,000 crores in capital (equity or debt) to maintain agility in acquisitions.

2 more points management made on capital expenditure plans

Top-ranked in Power

Ranked on what management guided this quarter

5x potential
1Insolation Ener
Rev 1Mar 1
2ACME Solar Hold.
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what IndiGrid Infrastructure Trust said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • IndiGrid is actively participating in a large volume of bids, with over INR 2 lakh crores of active transmission bids currently underway.
  • This amount of bidding activity is comparable to what was seen over the last 10 years, indicating a substantial upcoming order book.
  • The company has commissioned several projects recently, including Gujarat BESS Private Limited (180 MW / 360 MWh capacity) and acquired Gadag Transmission Limited (187 km line, 1500 MVA capacity).
  • IndiGrid is also executing multiple augmentation and greenfield projects under the RTM and OPGW schemes worth approximately INR 165 crores.

2 more points management made on order book & pipeline

IndiGrid Infrastructure Trust — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.2K Cr, net profit ₹185 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Power this season

  • RattanIndia Power Ltd (Q4 FY26)

    798.55 Cr, down from Rs. Key concall takeaways from RattanIndia Power Ltd's Q4 FY26 earnings call — and how it ranks against sector peers.

  • CESC Ltd (Q4 FY26)

    Consolidated Revenue Q4 FY26:** ₹4,096 Cr, up 4% YoY from ₹3,877 Cr in Q4 FY25. Key concall takeaways from CESC Ltd's Q4 FY26 earnings call — and how it ranks…

  • Sustainable Energy Infra Trust (Q4 FY26)

    The presentation reports net generation for FY26 as 2,439 GWh with a portfolio plant load factor (PLF) of 24.7%. Key concall takeaways from Sustainable Energy…

  • GMR Power & Urban Infra Ltd (Q4 FY26)

    Q4FY26 Total Income: INR 20.7bn, up 11% YoY and 3% QoQ (Page 9) . Key concall takeaways from GMR Power & Urban Infra Ltd's Q4 FY26 earnings call — and how it…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were IndiGrid Infrastructure Trust Q4 FY26 results?

IndiGrid anticipates robust growth driven by India's increasing energy demand and renewable energy integration. IndiGrid expects continued growth via value-accretive acquisitions, greenfield developments, and disciplined capital deployment.

What is IndiGrid Infrastructure Trust share price analysis?

IndiGrid Infrastructure Trust currently shows a below-average growth signal. The stock trades at a P/E of 49.9 with a market cap of ₹20,244 Cr. Investors should review the full earnings analysis for detailed insights.

Is IndiGrid Infrastructure Trust planning capital expenditure?

IndiGrid currently has under construction projects valued at approximately INR 7,500 to 8,000 crores, expected to be commissioned within 12 to 24 months.

Keep IndiGrid Infrastructure Trust on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.