IndiGrid Infrastructure Trust benchmarking: Perfomance to industry peers

Financial

	INDIGRID Infra Trust	Adani Energy Solut.	Power Grid Corp
Operational Metrics
Infrastructure
Transmission Network Length	9336.0 Ckm	26705.0 Ckm	181054.0 Ckm
Capacity - Transformation	25050.0 MVA	97236.0 MVA	1180352.0 MVA
NBFC
Cost of Borrowing	7.44 %	n/a	n/a
Power
AUM	32500.0 Crs	n/a	n/a
Distribution per Unit - Capital Repayment/Others	0.75 Rs	n/a	n/a
Unclassified
Average Yield Per Unit	9.7 %	n/a	n/a
Distribution per unit - Interest(Taxable)	3.1 Rs	n/a	n/a
Distribution per unit	4.0 Rs	n/a	n/a
Distribution per unit - Dividend(Not Taxable)	0.09 Rs	n/a	n/a
Financials
5 yr Average ROE	7.17 %	12.43 %	18.49 %
5yr average Equity Multiplier	4.39	5.32	3.26
5yr Average Asset Turnover Ratio	0.12	0.26	0.17
5yr Avg Net Profit Margin	15.08 %	8.76 %	34.49 %
Price to Book	0.0	5.02	2.45
P/E	0.0	52.07	15.97
5yr Avg Cash Conversion Cycle	83.78 Days	67.9 Days	90.52 Days
Inventory Days	1.13 Days	7.77 Days	11.93 Days
Days Receivable	80.84 Days	61.14 Days	77.73 Days
Days Payable	0.0	271.12 Days	0.0
5yr Average Interest Coverage Ratio	1.37	1.62	3.09
5yr Avg ROCE	7.39 %	9.55 %	11.96 %
5yr Avg Operating Profit Margin	87.96 %	35.05 %	87.02 %
5 yr average Debt to Equity	3.2	3.47	1.64
5yr CAGR Net Profit	3.59 %	-2.84 %	5.22 %
5yr Average Return on Assets	1.66 %	2.21 %	5.71 %
Shareholdings
Promoter Holding	n/a	71.19 %	51.34 %
Share Pledged by Promoters	n/a	0.79 %	0.0
Change in Promoter Holding (3 Yrs)	n/a	-2.68 %	0.0
Change in Mutual Fund Holding (3 Yrs)	n/a	6.13 %	5.04 %

	INDIGRID Infra Trust	Adani Energy Solut.	Power Grid Corp
Product Wise Break-Up	Product Wise Break-Up Power transmission services 73.63 Sale of electricity(solar) 23.57 0 Income from investment in mutual funds 0 Telecom Services 0 Consultancy Services 0 Transmission Services 0 Others 2.8	-	Product Wise Break-Up Transmission Services 92.21 Consultancy 5.28 Power transmission services 0 Telecom 2.5 0 Sale of electricity(solar) 0 Income from investment in mutual funds 0 Others 0.01
Location Wise Break-Up	Location Wise Break-Up India 100.0	Location Wise Break-Up India 100.0	Location Wise Break-Up India 100.0
Customer Wise Break-Up	Customer Wise Break-Up NER II Transmission Limited 15.74 NRSS XXIX Transmission Limited 15.74 Bhopal Dhule Transmission Company Limited 5.79 Odisha Generation Phase-II Transmission Limited 4.64 Jabalpur Transmission Company Limited 4.6 East North Interconnection Company Limited 4.58 Gurgaon-Palwal Transmission Limited 4.04 Parbati Koldam Transmission Company Limited 3.97 Purulia & Kharagpur Transmission Company Limited 2.27 Maheshwaram Transmission Limited 1.76 RAPP Transmission Company Limited 1.38 Patran Transmission Company Limited 1.1 Jhajjar KT Transco Private Limited 0.48 Others 33.91	-	-
Borrowings Break-Up	Borrowings Break-Up NCD 54.27 ECB 32.66 Bank Loan 12.56 MLD 0 Others 0.51	-	-