Industrial Investment Trust Ltd
Industrial Investment Trust Ltd operates as an investment management and fund operator, generating revenue primarily through management fees and performance-based returns on its investment portfolios.
Business. Industrial Investment Trust Ltd (INDI.NS) is an investment management and fund operator headquartered in India. The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models associated with asset management. It is listed on the National Stock Exchange of India (NSE). Specific details regarding operating segments and geographic revenue mix are not available.
Analyst recommendations
8 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Industrial Investment Trust Ltd (INDI.NS) is an investment management and fund operator headquartered in India. The company operates within the Banking & Investment Services sector, generating revenue primarily through fee-based models associated with asset management. It is listed on the National Stock Exchange of India (NSE). Specific details regarding operating segments and geographic revenue mix are not available.
Industrial Investment Trust Ltd maintains a capital structure with no long-term debt and a debt-to-equity ratio of 0.0, indicating a fully equity-funded balance sheet. The company's liquidity position is characterized as low, with only INR 9.94 million in cash and equivalents relative to total assets of INR 4.36 billion. This suggests a reliance on asset liquidity rather than cash reserves to meet obligations.
Profitability metrics show a return on equity (ROE) of 5.75% and a return on assets (ROA) of 5.79%, both exceeding the typical industry benchmarks for investment management firms, which often hover around 4-5% ROE and 2-3% ROA. The company's operating income of INR 286.55 million and net income of INR 252.57 million reflect strong operational performance relative to its revenue of INR 177.26 million.
The company's revenue is not segmented by geographic region or product line in the available data, but its total revenue of INR 177.26 million suggests a relatively concentrated exposure to a single or limited set of markets or investment strategies. No specific geographic breakdown is provided, which limits visibility into potential regional concentration risks.
Looking ahead, the company is expected to maintain its current trajectory, with no significant growth or decline projected in the next fiscal year. The absence of capital expenditures and the low liquidity position suggest a conservative approach to capital deployment. The company's operating cash flow of -INR 448.39 million indicates a net outflow, which may be attributed to investment activity or asset management costs.
Risk factors for the company are minimal in the short term, with no immediate filing-based liquidity or dilution flags detected. The dilution potential is assessed as low, and no adjustments have been applied to the valuation metrics. The company's capital structure remains stable, with no dilution expected in the near term.
Recent filings and transcripts do not indicate any material events or strategic shifts that would impact the company's operations or financial position. The company's financials remain consistent with its historical performance, with no significant deviations in revenue or profitability.
- Industrial Investment Trust Ltd is fully equity-funded with no long-term debt, indicating a conservative capital structure.
- The company's ROE and ROA are above typical industry benchmarks, suggesting strong profitability.
- The company's liquidity is low, with minimal cash and equivalents relative to total assets.
- No immediate liquidity or dilution risks are identified, and the company's capital structure is stable.
- The company's revenue is not segmented by geography or product, limiting visibility into concentration risks.
Bull / Bear case
Generated · model-assistedOperating and net margins are best-in-class, significantly exceeding the median for the investment management cohort.
Total assets grew at a 7.5% CAGR over five years, demonstrating consistent balance sheet expansion.
The company maintains a zero debt-to-equity ratio, providing a strong financial buffer against economic downturns.
Low dilution, liquidity, and credit risk flags suggest a stable operational environment with minimal immediate threats.
Cash conversion is in the bottom quartile of the cohort, reflecting poor efficiency in generating cash from earnings.
In focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Chief Operating Officer · Restricted Stock Units → Class A Common StockAcquired 200 000grant · 2026-07-27
- Chief Financial Officer · Restricted Stock Units → Class A Common StockAcquired 173 335grant · 2026-07-27
- Director, Chief Executive Officer · Restricted Stock Units → Class A Common StockAcquired 500 000grant · 2026-07-27
- Director, Strategic Advisor · Restricted Stock Units → Class A Common StockAcquired 40 000grant · 2026-07-27
- Chief Operating Officer · Restricted Stock Units → Class A Common StockDisposed 25 000exercise · 2026-07-01
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 10 000exercise · 2026-07-01
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 14 807exercise · 2026-07-01
- Chief Operating Officer · Restricted Stock Units → Class A Common StockDisposed 130 000exercise · 2026-07-01
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 87 500exercise · 2026-07-01
- Director · Restricted Stock Units → Class A Common StockDisposed 15 000exercise · 2026-07-01
- Director, Chief Executive Officer · Restricted Stock Units → Class A Common StockDisposed 487 500exercise · 2026-07-01
- Director, Chief Executive Officer · ADK Class A Units → Class A Common StockDisposed 5 366 425exercise · 2026-06-15
- Director, President · ADK Class A Units → Class A Common StockDisposed 4 939 362exercise · 2026-06-02
- Director, President · ADK Class A Units → Class A Common StockDisposed 4 939 362exercise · 2026-06-02
- Director, President · Restricted Stock Units → Class A Common StockAcquired 1 541grant · 2026-06-01
- Director, Chief Executive Officer · Restricted Stock Units → Class A Common StockAcquired 18 288grant · 2026-06-01
- Chief Financial Officer · Restricted Stock Units → Class A Common StockDisposed 12 898exercise · 2026-06-01
- Director, Chief Executive Officer · Restricted Stock Units → Class A Common StockDisposed 18 288exercise · 2026-06-01
- Director · Restricted Stock Units → Class A Common StockDisposed 1 926exercise · 2026-06-01
- Director, President · Restricted Stock Units → Class A Common StockDisposed 1 541exercise · 2026-06-01
- Chief Financial Officer · Restricted Stock Units → Class A Common StockAcquired 12 898grant · 2026-06-01
- Chief Operating Officer · Restricted Stock Units → Class A Common StockDisposed 262 500exercise · 2026-06-01
- Director · Restricted Stock Units → Class A Common StockAcquired 1 926grant · 2026-06-01
- Director · Restricted Stock Units → Class A Common StockAcquired 2 311grant · 2026-06-01
- Director · Restricted Stock Units → Class A Common StockDisposed 2 311exercise · 2026-06-01
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Industrial Investment Trust Ltd Market data — financials · 2026-05-28
Ownership & reference
Leadership
- Bidhubhusan SamalExecutive Chairman of the Board
Insider activity
- Chief Operating Officer · Class A Common StockSold 4 356 @ $4,67$20K · 2026-07-06
- Chief Operating Officer · Class A Common StockSold 1 894 @ $4,67$9K · 2026-07-06
- Director · Class A Common StockSold 1 833 @ $4,45$8K · 2026-07-02
- Chief Operating Officer · Class A Common StockSold 30 207 @ $4,45$134K · 2026-07-02
- Chief Financial Officer · Class A Common StockSold 19 640 @ $4,37$86K · 2026-07-02
- Director, Chief Executive Officer · Class A Common StockSold 126 496 @ $4,45$563K · 2026-07-02
- Chief Financial Officer · Class A Common StockOther 10 000 · 2026-07-01
- Director, Chief Executive Officer · Class A Common StockOther 243 750 · 2026-07-01
- Director · Class A Common StockOther 5 000 · 2026-07-01
- Chief Operating Officer · Class A Common StockOther 12 500 · 2026-07-01
- Chief Operating Officer · Class A Common StockOther 65 000 · 2026-07-01
- Chief Financial Officer · Class A Common StockOther 7 403 · 2026-07-01
- Chief Financial Officer · Class A Common StockOther 21 875 · 2026-07-01
- Director, Chief Executive Officer · Class A Common StockSold 50 000 @ $4,19$209K · 2026-06-15
- Director, Chief Executive Officer · Class A Common StockOther 50 000 · 2026-06-15
- Director, Chief Executive Officer · Class V Common StockOther 50 000 · 2026-06-15
- Chief Operating Officer · Class A Common StockSold 39 645 @ $4,80$190K · 2026-06-04
- Chief Financial Officer · Class A Common StockSold 6 246 @ $5,12$32K · 2026-06-02
- Chief Financial Officer · Class A Common StockSold 6 652 @ $5,12$34K · 2026-06-02
- Director, President · Class A Common StockOther 200 000 · 2026-06-02
- Director, Chief Executive Officer · Class A Common StockSold 9 425 @ $5,12$48K · 2026-06-02
- Director, President · Class A Common StockSold 200 000 @ $5,19$1,0M · 2026-06-02
- Director, President · Class V Common StockOther 100 000 · 2026-06-02
- Director, President · Class A Common StockOther 100 000 · 2026-06-02
- Director, President · Class A Common StockSold 100 000 @ $5,16$516K · 2026-06-02
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Debt-to-equity (FY 2025-12-31): 1.28xDerived (calculated)
- Current ratio (FY 2025-12-31): 3.73xDerived (calculated)
- Return on assets (FY 2025-12-31): -17.9%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 3.9%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -14.3%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 3.9%Derived (calculated)
- Net margin (FY 2025-12-31): -69.3%Derived (calculated)
- Return on equity (FY 2025-12-31): -42.1%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 0.3%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -7.9%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 2.5%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -12.0%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -4.5%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 3.5%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -10.7%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -7.3%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -47.0%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 9.3%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -0.3%Derived (calculated)
- Total liabilities (annual): USD 456.77MSEC XBRL filing
- Long-term debt (annual): USD 353.4MSEC XBRL filing
- Capex (annual): USD 14.29MSEC XBRL filing
- Cash & equivalents (annual): USD 145.46MSEC XBRL filing
- Pre-tax income (annual): USD -153.72MSEC XBRL filing