1. At a Glance
Energy InfrTrust is a Brookfield-backed InvIT that owns the East-West Pipeline, basically India’s energy highway. The yield is a juicy 9.96%, but profits have collapsed 89% in a year. Stock trades like a dividend darling while P/E screams horror.
2. Introduction with Hook
Imagine owning a toll road where cars barely pass, yet you’re paying VIP ticket prices. That’s Energy InfrTrust. It’s a stable cash flow machine wrapped in market mood swings. Two spicy stats:
- P/E: 607 (valuation stretched like yoga pants)
- ROE: 0.46% (returns flatter than cold soda)
3. Business Model (WTF Do They Even Do?)
EIT is an InvIT, not a regular company. It owns Pipeline Infrastructure Ltd, leasing and operating the East-West gas pipeline (ex-Reliance asset). Revenue comes from tariffs paid by users. Sponsor is Brookfield, O&M managed by a Reliance-Brookfield JV. Think of it as a pipeline toll booth with global
