Indus Infra Trust has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2024-25
Awaiting price reaction for this filing.
Indus Infra Trust (formerly Bharat Highways InvIT) submitted its annual valuation report for FY25 as required under SEBI InvIT regulations. The independent valuer Mr. S. Sundararaman valued all 9 Special Purpose Vehicles (SPVs) using the Discounted Cash Flow method, arriving at a total Enterprise Value of INR 64,698 million and an Adjusted Enterprise Value of INR 70,362 million. NAV per unit has been computed at INR 115.81, based on total assets of INR 68,843.34 million and total liabilities of INR 17,547.92 million against 44.29 crore outstanding units. The trust owns 9 Hybrid Annuity Model (HAM) road assets operated through SPVs, with a WACC of 7.10% used for valuation. The units have been listed on NSE and BSE since March 2024, with Body Corporates holding the largest stake at 50.23%, followed by Mutual Funds at 20.78%.
This is a routine regulatory disclosure providing transparency on the underlying asset values of the InvIT. The NAV of INR 115.81 per unit gives unitholders a benchmark to assess whether the market price fairly reflects the underlying value of the 9 road assets. No material negative events are flagged in this filing.