BSECube Highways TrustMediumNeutral
Announced Thu, 30 Oct · 21:59 IST

Cube Highways Trust has informed the Exchange regarding Disclosure of material issue

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Cube Highways Trust (Cube InvIT) declared a Distribution Per Unit (DPU) of ₹3.60 for Q2 FY26, taking total H1 FY26 distribution to ₹820 crores and cumulative DPU to ₹6.10. Revenue from operations rose 23.85% YoY to ₹19,959 Mn, while EBITDA grew 29.83% YoY to ₹15,116 Mn, supported by 9.8% YoY toll revenue growth and 7.2% YoY traffic growth. The Trust maintains a AAA/Stable credit rating from CRISIL, India Ratings, and ICRA, with AUM at ₹365 Bn and Net Debt/EV at 47.37%. The record date for distribution is November 4, 2025, with payout on or before November 12, 2025.

Likely market impact

Positive for unitholders — strong YoY growth in revenue and EBITDA, consistent distributions, and a healthy balance sheet with significant headroom for further acquisitions. The upcoming payout date should attract income-focused investors.