IndiGrid Infrastructure Trust (NSE:INDIGRID) Days Payable: 73.79 (As of Mar. 2026) — 76% Below Median


NSE:INDIGRID IndiGrid Infrastructure Trust NSE:INDIGRID
82 GF Score
Price ₹179.49
GF Value ₹217.27
Valuation Modestly Undervalued
! 8 Warning Signs
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What is IndiGrid Infrastructure Trust Days Payable?

IndiGrid Infrastructure Trust NSE:INDIGRID +0.57% 82 Days Payable is 73.79 as of Mar. 2026, which is 76% below its 10-year median of 310.00. GuruFocus rates NSE:INDIGRID with a GF Score™ of 82/100 and a GF Value™ of ₹217.27 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, IndiGrid Infrastructure Trust ranks better than 58.46% on this metric.

IndiGrid Infrastructure Trust's average Accounts Payable for the three months ended in Mar. 2026 was ₹10,127 Mil. IndiGrid Infrastructure Trust's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹12,524 Mil. Hence, IndiGrid Infrastructure Trust's Days Payable for the three months ended in Mar. 2026 was 73.79.

The historical rank and industry rank for IndiGrid Infrastructure Trust's Days Payable or its related term are showing as below:

NSE:INDIGRID' s Days Payable Range Over the Past 10 Years
Min: 70.21   Med: 310   Max: 441.64
Current: 106.57

During the past 12 years, IndiGrid Infrastructure Trust's highest Days Payable was 441.64. The lowest was 70.21. And the median was 310.00.

NSE:INDIGRID's Days Payable is ranked better than
58.46% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.64 vs NSE:INDIGRID: 106.57

IndiGrid Infrastructure Trust's Days Payable declined from Mar. 2025 (78.07) to Mar. 2026 (73.79). It may suggest that IndiGrid Infrastructure Trust accelerated paying its suppliers.


IndiGrid Infrastructure Trust Days Payable Historical Data

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The historical data trend for IndiGrid Infrastructure Trust's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IndiGrid Infrastructure Trust Days Payable Chart

IndiGrid Infrastructure Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 269.04 397.78 412.47 251.94 142.64

IndiGrid Infrastructure Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.07 99.96 293.80 532.73 73.79

NSE:INDIGRID vs CEG, VST, NRG: Days Payable Comparison

For the Utilities - Independent Power Producers subindustry, IndiGrid Infrastructure Trust's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IndiGrid Infrastructure Trust Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, IndiGrid Infrastructure Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where IndiGrid Infrastructure Trust's Days Payable falls into.


NSE:INDIGRID
82GF Score
IndiGrid Infrastructure Trust NSE:INDIGRID
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IndiGrid Infrastructure Trust Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

IndiGrid Infrastructure Trust's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (706.66 + 10126.77) / 2 ) / 13860.6*365
=5416.715 / 13860.6*365
=142.64

IndiGrid Infrastructure Trust's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 10126.77) / 1 ) / 12523.53*365 / 4
=10126.77 / 12523.53*365 / 4
=73.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 73.79 mean?
IndiGrid Infrastructure Trust (NSE:INDIGRID) has a Days Payable of 73.79 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IndiGrid Infrastructure Trust and its competitors. This is 76% below median its historical median of 310.00. Over the past decade, IndiGrid Infrastructure Trust's Days Payable has ranged from 70.21 to 441.64. According to the industry distribution chart, IndiGrid Infrastructure Trust ranks #162 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.5%.
Is IndiGrid Infrastructure Trust's Days Payable too high?
IndiGrid Infrastructure Trust's current Days Payable of 73.79 is 76% below median its 10-year median of 310.00. Over the past 10 years, this metric has ranged from a low of 70.21 to a high of 441.64. The Utilities - Independent Power Producers industry median Days Payable is 79.64. IndiGrid Infrastructure Trust's value of 73.79 is 7.3% below this industry median. Based on the distribution chart, IndiGrid Infrastructure Trust ranks #162 out of 390 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, IndiGrid Infrastructure Trust has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiGrid Infrastructure Trust's Days Payable compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, IndiGrid Infrastructure Trust ranks #162 out of 390 companies for Days Payable. This puts IndiGrid Infrastructure Trust in the upper half of its industry. The industry median Days Payable is 79.64. IndiGrid Infrastructure Trust's value of 73.79 is 7.3% below this benchmark. Historically, IndiGrid Infrastructure Trust's own Days Payable has ranged from 70.21 to 441.64 over the past decade. While the company's 10-year median is 310.00 vs. the industry median of 79.64, IndiGrid Infrastructure Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.64, based on 390 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IndiGrid Infrastructure Trust's current Days Payable of 73.79 is 7.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IndiGrid Infrastructure Trust and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiGrid Infrastructure Trust's current Days Payable is 73.79, which is 76% below median its own 10-year median of 310.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiGrid Infrastructure Trust stock overvalued right now?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust (NSE:INDIGRID) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹217.27, compared to a current price of ₹179.49 — trading 17.4% below its estimated fair value. The current Days Payable is 73.79, which is 76% below median its 10-year median of 310.00 and 7.3% below the Utilities - Independent Power Producers industry median of 79.64. IndiGrid Infrastructure Trust's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For IndiGrid Infrastructure Trust (NSE:INDIGRID), the current Days Payable is 73.79 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IndiGrid Infrastructure Trust (NSE:INDIGRID) Overvalued in 2026?

Based on GuruFocus' analysis, IndiGrid Infrastructure Trust stock appears to be undervalued. The current stock price of ₹179.49 is trading 17.4% below its estimated GF Value™ of ₹217.27. GuruFocus considers IndiGrid Infrastructure Trust to be Modestly Undervalued.

Key valuation signals for NSE:INDIGRID:

  • Days Payable: 73.79 (76% below median its 10-year median of 310.00)
  • GF Value™: ₹217.27 vs. price of ₹179.49 (17.4% below fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 7.3% below the Utilities - Independent Power Producers median (#162 of 390)

No single metric tells the full story. See the NSE:INDIGRID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IndiGrid Infrastructure Trust Business Description

Other Exchanges 540565:India
Address Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
IndiGrid Infrastructure Trust, formerly India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines. The company has two distinct reportable segments: Power Transmission and Power generation. The power Transmission segment generates the majority of revenue and is engaged in the business of owning and maintaining transmission assets. The power Generation segment includes entities in the business of generating power through renewable sources such as solar etc.
82GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹179.49
Price
₹217.27
GF Value