Cube Highways Trust has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2025-26
Awaiting price reaction for this filing.
Cube Highways Trust has released its annual full valuation report for FY 2025-26 as of March 31, 2026. The independent valuer, Ernst & Young Merchant Banking Services LLP, assessed the enterprise value of InvIT assets at INR 3,68,418 million and equity value at INR 1,95,930 million. The NAV per unit stands at INR 145.77 based on 1,344.07 million total outstanding units. The trust operates a diversified portfolio of 27 road SPVs spanning approximately 2,005 kms across 13 states and union territories, including 9 BOT assets, 9 TOT assets, 3 BOT Annuity assets, and 6 HAM assets. The valuation was conducted using the Discounted Cash Flow method under the income approach.
The NAV per unit of INR 145.77 represents a significant premium to the initial offer price of INR 100 per unit from April 2023, indicating value creation for unit holders. The detailed annual valuation provides transparency on the InvIT's asset base and supports regulatory compliance under SEBI InvIT Regulations.