Interest cost of reits and invits
I'm going through the concall of indigrid Q4 FY2026
The Average Cost of debt is 7.4% of which 90% is under fixed rate borrowings which is about 185 Billion INR.
Now today Govt 10Y bond yield is at 7.121%
This way indigrid is as safe as India bond 😀. I don't know I'm reading this correctly or not but give your thoughts.
Let's discuss this about other invits and reits also
Let's understand how this will play in upcoming 2-3 years time as RBI repo rate is getting much horizontal now, next rate date is on 6th june 026.
Also is the same presentation on slide no 19 there's a DPU accretive acquisitions the DPU line gets flatish from FY 2027 to FY 2031
I don't know how and why they showed it in that way and looking at the graph phase 1 to phase 4 assets are loosing it's NDCF contribution to Trust level.
Nothing to fear i guess but need to go through valuation reports once again