IndiGrid Infrastructure Trust Share Price Target 2025, 2026, 2030, 2040, 2050
IndiGrid Infrastructure is a trust that owns and operates power projects such as transmission lines, substations, solar power plants, and battery storage systems across India. It makes money from these projects and gives part of the profit to its investors. It has about 41 projects, including nearly 9,000 km of power lines, 15 substations, 855 MW of solar power, and 450 MW of battery storage. It provides a steady income to investors but can face some risks from government rule changes, loans, and maintenance problems.
- 1 What is IndiGrid Infrastructure Trust Ltd NSE: INDIGRID?
- 2 IndiGrid Infrastructure Trust Share Price Target
- 3 IndiGrid Infrastructure Trust Share Price Target 2025
- 4 IndiGrid Infrastructure Trust Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 IndiGrid Infrastructure Trust share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy IndiGrid Infrastructure Trust stock?
- 12 IndiGrid Infrastructure Trust earnings results
- 13 Is IndiGrid Infrastructure Trust stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is IndiGrid Infrastructure Trust Ltd NSE: INDIGRID?
IndiGrid Infrastructure Trust was established in 2016 and is situated in Mumbai, India. It is owned by KKR India Asset Management and Sterlite Power. It is a type of investment trust that owns and runs power transmission lines, substations, solar power plants, and battery storage systems in different parts of India. The trust makes money from these power projects and shares the profit with its investors. It has about 41 projects, which include around 9,000 km of power lines, 15 substations, 855 MW of solar power, and 450 MW of battery storage. Strong owners give stable income to investors, but they also face some risks like government rules, loans, and maintenance issues.
IndiGrid is supported by KKR India Asset Management and Sterlite Power Grid Ventures Ltd. KKR, a global investment company, owns a large part of the trust and provides financial support and guidance. Sterlite Power, a leading private power transmission company, brings experience and knowledge in running power projects. With this strong support, the company get funding easily and expands its power infrastructure business more effectively. In 2025, its share price target would be ₹195, as per stock market analysts.
According to stock market analysts, its share price would be between ₹139 to ₹195 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 139 | 195 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 141 | 146 |
| February | 139 | 143 |
| March | 139 | 145 |
| April | 140 | 150 |
| May | 145 | 152 |
| June | 147 | 156 |
| July | 150 | 158 |
| August | 153 | 168 |
| September | 162 | 172 |
| October | 158 | 173 |
| November | 150 | 182 |
| December | 153 | 195 |
As of now, it has 41 running projects across 20 states and 1 Union Territory in India. These include 53 power transmission lines that stretch over 9,000 km, 16 substations with a total capacity of 145 MVA, and 20 solar power plants generating 0.01 GW (AC) of electricity. The trust has also invested in Battery Energy Storage Systems to keep the electricity supply stable and support renewable energy. The different types of projects help to lower risks and give regular income to their investors. In 2026, its share price target would be ₹248, as per stock market analysts.
Its share price would be between ₹189 to ₹248 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 189 | 248 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 189 | 207 |
| February | 197 | 214 |
| March | 203 | 217 |
| April | 207 | 221 |
| May | 209 | 224 |
| June | 211 | 227 |
| July | 213 | 229 |
| August | 215 | 231 |
| September | 215 | 234 |
| October | 216 | 237 |
| November | 217 | 242 |
| December | 219 | 248 |
It has done very well financially. Its total assets have grown a lot because it buys and manages projects smartly and efficiently. In the fiscal year 2024-25, it paid a quarterly dividend of 3.10 per unit. Its revenue and profit have also increased, showing that the business works well. It follows strong governance and rules, with clear policies on ethics, choosing vendors, audits, and succession planning. The board has independent directors who make decisions fairly, and regular audits keep investors confident. In 2027, its share price target would be ₹297, as per stock market analysts.
According to stock market analysts, its share price would be between ₹235 to ₹297 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 235 | 297 |
It focuses a lot on sustainability and follows a “Zero Harm” approach to make sure its work does not hurt the environment, people, or communities. It follows environmental, social, and governance (ESG) rules to manage its projects responsibly and support clean energy and climate goals. In November 2024, it joined with British International Investment and Norfund to start EnerGrid, a platform to build new power lines and Battery Energy Storage System projects in India. In 2028, its share price target would be ₹344, as per stock market analysts.
Its share price would be between ₹293 to ₹344 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 293 | 344 |
It has a simple system to find and reduce risks in its work. It has many different projects in various states, which helps lower overall risk. The trust also has long-term power agreements and support from the government, giving it a steady income. It checks its projects regularly and does maintenance to avoid problems. In 2029, its share price target would be ₹387, as per stock market analysts.
According to stock market analysts, its share price would be between ₹335 to ₹387 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 335 | 387 |
It works in India’s regulated power sector, which is managed by rules from the Ministry of Power, the Central Electricity Regulatory Commission (CERC), and state electricity regulators. These rules help build power transmission and renewable energy projects by giving benefits, fixed prices, and access to the power grid. IndiGrid plans its projects to follow these rules, which keep its income steady and protect it from changes in government policies. In 2030, its share price target would be ₹440, as per stock market analysts.
Its share price would be between ₹380 to ₹440 in 2030, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 380 | 440 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 380 | 407 |
| February | 384 | 411 |
| March | 386 | 416 |
| April | 389 | 417 |
| May | 387 | 420 |
| June | 389 | 422 |
| July | 392 | 424 |
| August | 395 | 427 |
| September | 397 | 430 |
| October | 400 | 433 |
| November | 409 | 431 |
| December | 412 | 440 |
It focuses on using technology and new ideas to run its operations smoothly and reliably. It has advanced systems to monitor its transmission lines and substations, which help track performance and prevent problems before they happen. Digital tools and automation also lower costs, make equipment last longer, and keep the electricity supply steady. It keeps improving its work and provides more value to its investors and stakeholders. In 2040, its share price target would be ₹689, as per stock market analysts.
According to stock market analysts, its share price would be between ₹639 to ₹754 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 639 | 754 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 639 | 661 |
| February | 647 | 672 |
| March | 650 | 680 |
| April | 653 | 687 |
| May | 655 | 698 |
| June | 657 | 705 |
| July | 663 | 711 |
| August | 668 | 720 |
| September | 672 | 727 |
| October | 678 | 735 |
| November | 682 | 742 |
| December | 685 | 754 |
It has strong assets, an experienced management team, and important partnerships, making it trusted by investors and other companies. Its steady performance and focus on sustainability give it a good reputation, making it a popular choice for people who want to invest in India’s power sector. In the future, it will fulfil India’s growing need for reliable and clean energy. It plans to grow by adding new projects in transmission and renewable energy, with support from the government and private companies. In 2050, its share price target would be ₹1000, as per stock market analysts.
Its share price would be between ₹913 to ₹1000 in 2050, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 913 | 1000 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 913 | 940 |
| February | 917 | 947 |
| March | 923 | 953 |
| April | 924 | 958 |
| May | 927 | 963 |
| June | 929 | 968 |
| July | 931 | 975 |
| August | 934 | 979 |
| September | 944 | 983 |
| October | 951 | 987 |
| November | 962 | 991 |
| December | 966 | 1000 |
Should I buy IndiGrid Infrastructure Trust stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 139 | 195 |
| 2026 | 189 | 248 |
| 2027 | 235 | 297 |
| 2028 | 293 | 344 |
| 2029 | 335 | 387 |
| 2030 | 380 | 440 |
| 2040 | 639 | 754 |
| 2050 | 913 | 1000 |
It could be a good investment if you want exposure to India’s power sector and steady income through dividends, as it owns 41 projects across 20 states, including transmission lines, substations, and solar power plants, and benefits from government support and advanced technology for efficient operations. But also, you should consider its high debt, recent 46% drop in quarterly profit, a relatively high P/E ratio of 41.8, and low promoter holding of 1.27%, which may indicate financial and market risks. It could be a good choice for long-term investment.
IndiGrid Infrastructure Trust earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 1,243 | 1,677 | 2,222 | 2,332 | 2,864 | 3,288 | 3,353 |
| Expenses + | 53 | 252 | 209 | 231 | 425 | 397 | 465 |
| Operating Profit | 1,190 | 1,425 | 2,013 | 2,101 | 2,439 | 2,891 | 2,887 |
| OPM % | 96% | 85% | 91% | 90% | 85% | 88% | 86% |
| Other Income + | 36 | 35 | 52 | 82 | 123 | 149 | 85 |
| Interest | 415 | 687 | 1,050 | 1,011 | 1,308 | 1,495 | 1,497 |
| Depreciation | 310 | 430 | 665 | 704 | 939 | 1,101 | 1,103 |
| Profit before tax | 500 | 342 | 349 | 469 | 315 | 444 | 372 |
| Tax % | -1% | 2% | 2% | 1% | 6% | 8% | |
| Net Profit + | 506 | 334 | 343 | 466 | 296 | 410 | 349 |
| EPS in Rs | 7.22 | 4.77 | 4.98 | 6.51 | 3.64 | 4.77 | 4.11 |
| Dividend Payout % | 126% | 194% | 241% | 48% | 95% | 86% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 41.89 | 2.67 | 2.43% | 22.34 | 2.92 | 1.34% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| IndiGrid Infrastructure Trust | 35.39 | 2.67 | 2.43% |
| Power Grid Corporation of India Ltd | 17.23 | 2.89 | 3.13% |
| Tata Power Company Ltd | 31.51 | 2.94 | 0.64% |
| Torrent Power Ltd | 21.83 | 3.58 | 1.47% |
Is IndiGrid Infrastructure Trust stock good to buy? (bull case & bear case)

Bull Case:
- In Q1 FY2025-26, it made a revenue of ₹872.98 crore and a net profit of ₹75.29 crore, which is 5.9% more than the previous quarter, showing steady business performance.
- The trust gave a distribution of ₹4.00 per unit for Q1 FY2025-26, following its yearly plan and giving a dividend yield of about 3.24%, which is good for investors looking for regular income.
- It bought a 187.5 MW / 750 MWh Battery Energy Storage System (BESS) project from SJVN, showing it is growing its renewable energy projects and making the power grid more stable.
- The trust has strong backing from investors, including a 16.8% stake by GIC, which gives financial support and helps with strategic decisions.
Bear Case:
- Its debt-to-equity ratio is 382.1%, which is very high, meaning the company uses a lot of borrowed money, and this can be risky if interest rates go up or the economy slows.
- The trust had a 46.06% drop in net profit compared to the same quarter last year, which may be a warning about keeping profits steady.
- The promoter holding is only 1.27%, and it has decreased over the last three years, which could show less confidence from the main owners.
Conclusion
It is a major company in India’s power sector, running 41 projects that include about 9,000 km of power lines, 15 substations, 855 MW of solar power, and 450 MW of battery storage. It was started in 2016 and is supported by KKR India Asset Management and Sterlite Power. The trust gives regular dividends and is growing its renewable energy and transmission projects. Experts see good chances for growth because of its strong assets, partnerships, and use of technology.

