National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
NHIT filed its Q1 FY2026 investor presentation showing a strong jump in financials driven by the inclusion of Round 4 assets from 1st April 2025. Revenue from operations nearly doubled to INR 1,023 cr (vs INR 564 cr in Q1 FY25), EBITDA rose to INR 843 cr (vs INR 464 cr), and PAT grew to INR 121 cr (vs INR 64 cr). Distribution per unit climbed to INR 2.98 (vs INR 1.80), giving an 8.94% annualized yield after including a one-time DSRA release of INR 93.61 cr. Total debt increased to INR 21,813 cr with Debt-EV at 0.44x and DSCR at 2.11x. The presentation also flagged that NHAI offered Bundle 5 for monetization in June 2025, indicating a fresh acquisition pipeline beyond the existing 2,345 km portfolio across 26 projects.
Positive for unitholders — significant distribution growth and asset expansion via Round 4 boost near-term yields, though rising debt and finance costs warrant monitoring. The upcoming Bundle 5 monetization could further expand the portfolio if NHIT participates.