BSENational Highways Infra TrustMediumNeutral
Announced Wed, 13 May · 20:23 IST

National Highways Infra Trust has informed the Exchange regarding Disclosure of material issue

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

National Highways Infra Trust (NHIT) held its Board meeting on 13th May 2026 and approved the Annual Audited Standalone Financial Statements for FY ended March 2026. Profit for the year stood at Rs 35,311.45 lakh with Earnings Per Unit (EPU) of Rs 18.20, up from Rs 13.99 in the previous year. The Board declared a distribution of Rs 1.970 per unit for Feb-March 2026 (Rs 1.960 as interest pass-through + Rs 0.010 from surplus funds), payable within 5 working days from the Record Date of 16th May 2026. NAV was declared at Rs 152.44 per unit pre-distribution and Rs 150.47 post-distribution based on the independent valuer (Ernst & Young) report, with total enterprise valuation at Rs 56,988 Crores. Net Distributable Cash Flow (NDCF) for the year was Rs 20,554.33 lakh. A key highlight is the reversal of Rs 1,793 crore impairment loss on NEPPL (Eastern Projects SPV) following an increase in its recoverable value per updated valuation. Total assets stand at Rs 54,67,390 lakh and unit capital increased to Rs 29,47,887.38 lakh following the institutional placement during the year.

Likely market impact

Positive for unitholders — strong EPU growth (18.20 vs 13.99 YoY), intact distributions, and reversal of prior year NEPPL impairment boost profitability. NAV of Rs 150.47 post-distribution provides a reference floor for unit holders.