Market Data
Market Cap₹36,569.22 Cr.
52W High₹171
Current Price₹171
52W Low₹142
Face Value₹100
Performance
ROCE4.42 %
ROE3.36 %
EPS (TTM)₹1.1
EPS Prev Qtr₹1.06
EPS Last Year₹0.58
EBITDA Qtr₹590.21 Cr.
Book Value₹111
Financial Health
Debt/Equity1.05
Debt/Profit31.36
Total Assets₹50,993.574 Cr.
Dividend Yield6.63 %
Promoter Holding10.5 %
Earning Power4.14 %
Valuation
Stock P/E42.54
Industry P/E35.24
Price to Book1.54
Price to Sales8.01
Graham Number₹100.22
Key Metrics
Debt/Equity
1.06
Dividend/Share
₹3.19
Face Value
₹100
Interest Coverage
2.84
About National Highways Infra Trust
Construction · Infrastructure Investment Trusts
National Highways Infra Trust is listed on NSE in the Construction / Infrastructure Investment Trusts sector. Face value ₹100. Market cap ₹36,569.22 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company offers a relatively high dividend yield of 6.63%, indicating strong shareholder returns.
- The interest coverage ratio of 2.84 suggests manageable debt servicing capabilities.
- The company has a moderate promoter holding of 10.5%, indicating some level of insider confidence.
Weaknesses
- The P/E ratio of 42.54 is relatively high, suggesting the stock may be overvalued compared to peers.
- The ROCE of 4.42% and ROE of 3.36% are low, indicating inefficient use of capital and assets.
- The debt-to-equity ratio of 1.05 indicates a significant reliance on debt financing, which could pose financial risk.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Altius Telecom Infrastructure Trust | - | 42.47 | ₹57,357.27 Cr | 8.94% | ₹1,255.2 Cr | - | ₹24,160.1 Cr | - | 9.65% | 3.12 |
| National Highways Infra Trust | - | 42.54 | ₹36,569.22 Cr | 6.63% | ₹798.55 Cr | - | ₹4,563.19 Cr | - | 4.42% | 1.05 |
| Cube Highways Trust | - | 74.73 | ₹20,691.95 Cr | 8.94% | ₹277.36 Cr | - | ₹4,421.24 Cr | - | 6.92% | 1.81 |
| IndiGrid Infrastructure Trust | - | 28.01 | ₹16,461.27 Cr | 9.26% | ₹569.67 Cr | - | ₹5,015.19 Cr | - | 8.03% | 3 |
| Interise Trust | - | 254.2 | ₹11,659.37 Cr | 1.12% | ₹46.25 Cr | - | ₹3,574.55 Cr | - | 11.28% | 1.47 |
| Powergrid Infrastructure Investment Trust | - | 10.26 | ₹9,285.63 Cr | 11.76% | ₹906.24 Cr | - | ₹1,256.13 Cr | - | 10.86% | 0.13 |
| IRB InvIT Fund | - | 19.42 | ₹8,238.12 Cr | 7.93% | ₹318.46 Cr | - | ₹1,747.33 Cr | - | 5.75% | 1.21 |
| Indus Infra Trust | - | 15.02 | ₹7,977.29 Cr | 10.34% | ₹391.48 Cr | - | ₹775.25 Cr | - | 8.77% | 0.44 |
| Citius Transnet Investment Trust | - | - | ₹7,201.05 Cr | - | - | - | - | - | - | -1.54 |
| RaajMarg Infra Investment Trust | - | - | ₹7,182 Cr | - | - | - | - | - | - | - |
| Maple Infrastructure Trust | - | - | ₹6,855.21 Cr | 7.95% | ₹-157.42 Cr | - | ₹2,032.22 Cr | - | 5.19% | 1.64 |
| Energy Infrastructure Trust | - | 60.74 | ₹4,839.9 Cr | 20.92% | ₹79.71 Cr | - | ₹3,972.4 Cr | - | 5.66% | 1.68 |
| Anzen India Energy Yield Plus Trust | - | 89.62 | ₹4,367.14 Cr | 8.46% | ₹45.63 Cr | - | ₹647.58 Cr | - | 4.15% | 2.41 |
| Intelligent Supply Chain Infrastructure Trust | - | - | ₹3,901.44 Cr | - | ₹-37.08 Cr | - | ₹1,379.86 Cr | - | 5.98% | 1.05 |
| Capital Infra Trust | - | 7.93 | ₹3,783.97 Cr | 15.07% | ₹409.86 Cr | - | ₹898.72 Cr | - | 9.73% | 0.81 |
| Roadstar Infra Investment Trust | - | - | ₹2,823.96 Cr | 8.55% | ₹-117.71 Cr | - | ₹1,149.15 Cr | - | 4.28% | 0.84 |
| Anantam Highways Trust | - | 4.89 | ₹2,278.97 Cr | 4.77% | ₹256.55 Cr | - | ₹484.13 Cr | - | 9.78% | 0.9 |
| Vertis Infrastructure Trust | - | - | - | - | ₹872.45 Cr | - | ₹4,126.42 Cr | - | 9.63% | 1.43 |
| Nxt-Infra Trust | - | - | - | - | ₹132 Cr | - | ₹326.99 Cr | - | 6.55% | 1.1 |
| Oriental Infra Trust | - | - | - | - | ₹179.85 Cr | - | ₹2,406.4 Cr | - | 8.57% | 1.38 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 1,001.55 | 1,104.31 | 1,145.46 | 1,311.87 |
| ↳ QoQ Growth | - | +10.3% | +3.7% | +14.5% |
| Expenses | 532.31 | 544.27 | 655.28 | 721.66 |
| Operating Profit | 469.23 | 560.04 | 490.18 | 590.21 |
| OPM % | 46.85% | 50.71% | 42.79% | 44.99% |
| Other Income | 12.31 | 12.24 | 14.44 | 10.91 |
| Interest | 454.06 | 417.32 | 397.76 | 480.22 |
| Depreciation | 330.67 | 366.62 | 395.99 | 446.4 |
| EBITDA | 799.9 | 926.66 | 886.17 | 1,036.61 |
| EBITDA Margin % | 79.87% | 83.91% | 77.36% | 79.02% |
| Profit Before Tax | 27.49 | 154.96 | 106.86 | 120.9 |
| Tax % | -307.75% | -59.66% | -91.42% | -93.96% |
| Net Profit | 112.09 | 247.41 | 204.55 | 234.5 |
| ↳ QoQ Growth | - | +120.7% | -17.3% | +14.6% |
| EPS | 0.58 | 1.28 | 1.06 | 1.1 |
Balance Sheet
| Mar 2025 | Mar 2026 | Mar 2027 | |
|---|---|---|---|
| Equity Capital | 22970.96 | 26001.68 | 25992.48 |
| Reserves | -997.68 | -2201.1255 | -2387.92 |
| Borrowings | 21679.95 | 25039.15 | 25090.72 |
| Other Liabilities | 1375.56 | 2153.87 | 2400.98 |
| Total Liabilities | 45028.79 | 50993.574 | 51096.26 |
| Fixed Assets | 19.75 | 43008.773 | 34.98 |
| CWIP | 0.77 | 0.194 | 0.19 |
| Investments | 0 | 0 | 0 |
| Other Assets | 45008.27 | 7984.61 | 51061.09 |
| Total Assets | 45028.79 | 50993.574 | 51096.26 |
Cash Flows
| Mar 2026 | |
|---|---|
| Cash from Operating Activity | 3820.3647 |
| Cash from Investing Activity | -6596.223 |
| Cash from Financing Activity | 2929.9536 |
| Net Cash Flow | 154.0951 |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 11.07% | 11.07% | 10.5% | 10.5% |
| FIIs % | 0% | 0% | 7.21% | 7.21% |
| DIIs % | 8.27% | 6.98% | 6.2% | 6.09% |
| Public % | 2.75% | 2.75% | 2.53% | 2.58% |
| No. of Shareholders | 0 | 0 | 0 | 0 |