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, an infrastructure investment trust (InvIT) owning 27 road SPVs spanning ~2,005 km across 13 states, has disclosed its half-yearly valuation report prepared by Ernst & Young Merchant Banking Services LLP. The Enterprise Value of the InvIT assets (including financial assets) has been pegged at INR 3,60,931 million, with an Equity Value of INR 1,91,809 million, arrived at using the Discounted Cash Flow (DCF) method. The NAV per unit stands at INR 142.7 based on 1,344.07 million total outstanding units. The Trust's portfolio includes assets under BOT, TOT, Annuity, and Hybrid Annuity models, with one asset (WUPTPL) showing a negative Enterprise Value due to high upcoming maintenance spend near the end of its concession life. The report has been filed in compliance with SEBI InvIT Regulations and is meant for unitholder disclosure and regulatory filing.
This is a routine half-yearly regulatory disclosure with no material negative event. The NAV of ₹142.7 per unit and a combined enterprise value of ~₹36,093 crore give investors a transparent view of the underlying asset worth. No immediate stock price trigger is expected, but the data helps unitholders track the intrinsic value of their holdings over time.