Ndr Invit Trust · NSE:NDRINVIT
Ndr Invit Trust — Q4 FY2025-26 Earnings Presentation
35 slides from Ndr Invit Trust's earnings presentation, May 30, 2026
Slide 1: Investor Presentation Q4 FY 2025-26
INVESTOR PRESENTATION Q4 FY 2025-26 www.ndrinvit.com www.ndrinvit.com
Slide 2: Safe Harbour
Safe Harbour Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Trust's operations include change
Slide 3: Q4 FY26 Performance
Q4 FY26 PERFORMANCE Q4 FY26 Q4 FY25 Q3 FY26 FY26 FY25 YOY GROWTH 1,091 945 1,059 4,202 3,241 30% Revenue (INR in Mn) Revenue (INR in Mn) Revenue (INR in Mn) Revenue (INR in Mn) Revenue (INR in Mn) Revenue 964 925 960 3,821 2,959 29% EBITDA (INR in Mn) EBITDA (INR in Mn) EBITDA (INR in Mn) EBITDA (IN
Slide 4: Competitive Edge
Competitive Edge PERPETUAL CASH FLOW STRONG RISK MANAGEMENT CONSISTENTLY HIGH OCCUPANCY RATES India’s first perpetual Warehousing and Under Construction and Future Development Achieved high occupancy levels at ~99%, the Industrial Park InvIT assets are < 5%* of the overall portfolio highest amongst
Slide 5: Business Highlights
BUSINESS HIGHLIGHTS NDR InviT TRUST
Slide 6: Ownership Structure and Bond Holders
Ownership Structure and Bond Holders Unit Holding* National Bank for Financing Infrastructure and International Finance Corporation (IFC) Development (NaBFID) Sustainability Linked Bond (SLB) Tranche 1 • Principal Amount – INR 7,450 mn • Principal Amount – INR 6,300 mn 26.65% • Coupon - 8.10% • Coup
Slide 7: Regional Reach in High-Growth Markets
Regional Reach in High-Growth Markets Presence in Major Consumption & Production Hubs Area Contribution NORTH ZONE 1. Delhi 2. Sohna 6.36% 3. Bilaspur 10.20% 4. Lucknow South West 1 EAST ZONE 5. Kolkata 2 North East 3 24.08% 59.36% 4 WEST ZONE 6. Surat 7. Mumbai 8. Pune 5 9. Chhatrapati Sambhaji Nag
Slide 8: Diversified and High-Quality Tenant Base
Diversified and High-Quality Tenant Base Top 10 customers contribute 30% of Gross Rentals Industry Contribution Revenue Contribution Industry Area % Revenue % (% of Total Area mn sq.ft.) (% of Total Revenue) 0.3% Logistics and 3 PL 44 45 1% 2% Others 12 3 5% 1% 3% 4% 1% 6% Home Appliances 11 10 8% A
Slide 9: Portfolio Overview
Portfolio Overview Under Construction /Future Development 7.00 (in mn sq. ft.) Total area by Location (in mn sq. ft.) 0.45 0.4 6.00 0.35 0.3 0.25 5.00 0.2 0.15 0.1 0.05 4.00 0 Sohna Chennai Goa Bengaluru Sri City Delhi Sambhaji Nagar 3.00 2.00 1.00 - 9 www.ndrinvit.com www.ndrinvit.com
Slide 10: Financial Overview
FINANCIAL OVERVIEW www.ndrinvit.com www.ndrinvit.com
Slide 11: Q4 FY26 – Q3 FY26 Highlights
Q4 FY26 – Q3 FY26 Highlights FINANCIAL Operating Revenue EBITDA* NDCF Distribution Net Asset Value (NAV) (per unit) Q4FY26 Q4FY26 Q4FY26 Q4FY26 Q4FY26 INR 1,091mn INR 964 mn INR 832 mn INR 1.920/Unit INR 142.03 3.02% 0.4% QOQ 10.05% QOQ 2.4%QOQ 7.52% QOQ# Q3FY26 Q3FY26 Q3FY26 Q3FY26 Q3FY26 INR 1,059
Slide 12: Trend Analysis
Trend Analysis Revenue (INR mn.) Operating EBITDA (INR mn.) Occupancy (~%) 1,058.94 1,091.46 910.60 932.14 940.32 99.00 99.00 99.00 1,015.59 1,036.05 878.54 945.38 823.04 793.20 697.27 98.00 98.00 98.00 98.00 751.77 750.75 619.37 647.33 96.00 FY 25 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 26 Q1 FY 26 Q2 FY
Slide 13: Profit & Loss Statement (in INR mn)
Profit & Loss Statement (in INR mn) QUARTER ENDED YEAR ENDED Particulars Q4 FY26 Q4 FY25 Q3 FY26 MARCH 31ST 2026 MARCH 31ST 2025 Revenue from Operations 1,091.46 945.38 1,058.94 4,202.39 2,241.10 Gain on investments 5.66 68.84 21.11 116.78 76.21 Interest income 16.45 30.45 6.58 36.74 57.16 Other Inc
Slide 14: Commenting on the Performance
Commenting on the Performance This year was a testament to resilience, adaptability, and disciplined execution. In an environment marked by evolving market dynamics, we remained focused on strengthening our fundamentals while pursuing opportunities that align with our long-term vision. Through prude
Slide 15: Annexure
ANNEXURE NDR InviT TRUST
Slide 16: Key Milestones
Key Milestones 2011 2026 $100 mn investment by a US-based global • MLG Lucknow fully operational private equity firm with $90+ bn in AUM • NDR Bigbox Pune (B2) inaugurated – 100% occupancy from Day 1 • NDR Unique Space Hosur Phase II completed 2007 – 100% occupancy from Day 1 ~$7 mn investment by Ko
Slide 17: NDR InvIT Structure
NDR InvIT Structure N D R Ware Housing Pvt. Ltd. Unitholders / Investors (Sponsor) (Investment Managers) (Trustee) (Project Manager) 27 SPVs 1 SPV (100% Owned) (74% Owned) 17 www.ndrinvit.com www.ndrinvit.com
Slide 18: Strong & Experienced Board
Strong & Experienced Board NAIDU AMRUTESH RAMDAS RITESH VOHRA M.S. SUNDARA BRINDA JAGIRDAR G.K. RAVISHANKAR REDDY RAMAKRISHNAN Director RAJAN Independent Director Independent Director Director IYER Independent Director Director With over 24 years of Mr. Rajan is a former Dr Brinda Jagirdar is a seni
Slide 19: Management Team
Management Team KRISHNAN SANDEEP JAIN DALJIT SINGH NEHA CHOVATIA IYER SUBRAMANIAN Chief Financial Officer Marketing Director Company Secretary and Chief Executive Officer Compliance Officer Sandeep Jain is the Chief Daljit Singh is the Krishnan Iyer Subramanian Financial Officer of the Marketing Dir
Slide 20: Presence Across 12 Indian Cities With Development Potential Of 13+ msf
Sponsor anchored ROFO pipeline of 26 Assets to drive growth (All values in msf) No. of Region City FY27 FY28 FY29 Total ware-houses Presence Across 12 Indian Cities With Development Potential Of 13+ msf NCR 1 / 0.2 Chennai 1.4 1.9 1.3 4.5 8 Bangalore - 0.5 1.4 1.9 4 Kanpur 2 / 0.9 Hosur - - 0.9 0.9
Slide 21: Assets Under Management
Assets Under Management SOUTH ZONE TOTAL AREA 12.77 mn sq.ft. PROPERTIES Include mix of Built-to-Suit, Under-Construction, and ready facilities across key South Zone Consumption and Production markets. SECTOR DIVERSIFICATION Catering diverse sectors including Logistics & 3PL, E- Com, FMCG, Automotiv
Slide 22: Assets Under Right of First Offer (ROFO)
Assets Under Right of First Offer (ROFO) SOUTH ZONE LOCATION Coimbatore, Kochi , Chennai Hyderabad and Bengaluru PROPERTIES Include mix of Built-to-Suit, Under-Construction, and ready facilities across key South Zone Consumption and Production markets. SECTOR DIVERSIFICATION Catering diverse sectors
Slide 23: Assets Under Management
Assets Under Management WEST ZONE TOTAL AREA 5.73 mn sq.ft. PROPERTIES Include mix of Built-to-Suit and ready facilities across key West Zone Consumption and Production markets. SECTOR DIVERSIFICATION Major locations across west zone strategically position us in high-growth industrial and logistics
Slide 24: Assets Under Right of First Offer (ROFO)
Assets Under Right of First Offer (ROFO) WEST ZONE LOCATION Pune , Surat PROPERTIES Include a mix of Built-to-Suit, Under-Construction, and Ready facilities across key West Zone Consumption and Production markets, serve diverse sectors, including Automotive, Agriculture, and Industrial. STRATEGIC LO
Slide 25: Assets Under Management
Assets Under Management NORTH ZONE TOTAL AREA 2.26 mn sq.ft. Properties Include mix of Built-to-Suit and ready facilities across key North Zone Consumption markets. Sector Diversification Catering diverse sectors including Logistics & 3PL, FMCG, Automotive & Industrial, Consumer Durables, Electronic
Slide 26: Assets Under Right of First Offer (ROFO)
Assets Under Right of First Offer (ROFO) NORTH ZONE LOCATION Ghaziabad, Kanpur and Lucknow-2 Properties Include mix of Built-to-Suit and ready facilities across key North Zone Consumption markets. Sector Diversification Catering diverse sectors including Logistics & 3PL, FMCG, Automotive & Industria
Slide 27: Assets Under Management
Assets Under Management EAST ZONE TOTAL AREA 1.41 mn sq.ft. Properties Fully leased assets located in key Consumption and Production markets. Sector Diversification Catering diverse sectors including Logistics & 3PL, E- Com, FMCG, Automotive & Industrial, Consumer Durables, Electronics and others. N
Slide 28: Assets Under Right of First Offer (ROFO)
Assets Under Right of First Offer (ROFO) EAST ZONE Location Kolkata Properties Include a mix of Under- Construction, and Ready facilities across key East Zone Consumption and Production markets, serve diverse sectors, including Automotive, Agriculture, and Industrial. Sector Diversification Strategi
Slide 29: Under Construction Assets Under InvIT
Under Construction Assets Under InvIT UNDER CONSTRUCTION & FUTURE DEVELOPMENT - ALL ZONES • Location: Goa, Chennai , Bengaluru, Sohna Road, Delhi and Chhatrapati Sambhaji Nagar Actual Photos 29 www.ndrinvit.com www.ndrinvit.com
Slide 30: Enterprise Risk Management – Monitoring & Q4 Update
Enterprise Risk Management – Monitoring & Q4 Update INDUSTRY, BUSINESS AND INVESTMENT RISK AND PROJECT RISK FINANCIAL RISK MITIGATED VIA CONCENTRATION RISK MITIGATED VIA MITIGATED VIA Presence across India’s leading Consumption Competent personnel, Prudent Management and SPV Debt replaced with long
Slide 31: Sustainability Development Goals - NDR Initiatives
Sustainability Development Goals - NDR Initiatives Environmental Responsibility Social Responsibility Governance KEY INITIATIVES KEY INITIATIVES KEY INITIATIVES • Enhancing efficiency in resource management • Fostering a safe and secure workplace for employees and • Adoption and implementation of En
Slide 32: Laptop Distribution- Digital Literacy, Nandurbar Maharashtra
Laptop Distribution- Digital Literacy , Nandurbar Maharashtra ACTIVITY As part of NDR's CSR efforts, 20 new laptops were donated to a government English medium school in a remote village of Nandurbar Taluk on 22 January 2026, implemented through UCatapult Foundation. The school serves 484 students f
Slide 33: NeuroSculpt Workshop – Suniti Solomon Foundation, Chennai
NeuroSculpt Workshop – Suniti Solomon Foundation, Chennai ACTIVITY A two-day NeuroSculpt Workshop was organized at Suniti Solomon Foundation, Chennai in February 2026, aimed at supporting caregivers and parents of children with special needs. The workshop provided practical guidance, awareness sessi
Slide 34: Infrastructure Support – Poochiathipet Government School, Tiruvallur
Infrastructure Support – Poochiathipet Government School, Tiruvallur ACTIVITY As part of NDR's CSR efforts in February 2026, an infrastructure development initiative was implemented at Poochiatipet Government School, Tiruvallur District. The project included construction of urinal and toilet facilit
Slide 35: Thank You
THANK YOU NDR InvIT Trust, Ground Floor, KHIL House CTS No. 54, Village Bamanwada, Vile Parle (East), Mumbai - 400 099, Maharashtra, India T: +91 22 26101040 M: – compliance@ndrinvit.com www.ndrinvit.com