National Highways Infra Trust (NHIT) — shareholding pattern, promoter holding, financials and share price
About National Highways Infra Trust (NHIT)
National Highways Infra Trust operates in the Road Assets–Toll, Annuity, Hybrid-Annuity industry, within the Services sector. It trades on the NSE as NHIT and on the BSE under scrip code 543385. Its ISIN is INE0H7R23014.
NHAI is the nodal agency responsible for the development and maintenance of national highways. It was constituted u/s 3(1) of the National Highways Authority of India Act, 1988, and commenced operations in February 1995 to develop, maintain, and manage national highways in the country. The NHAI is vested with executive powers for developing national highways in India by MoRTH. The charter of NHAI is set out in the National Highways Act, 1956, and the National Highways Authority of India Act,1988. The GoI has a 100% stake in NHAI. [1]
National Highways Infra Trust is an autonomous body under MoRTH, responsible for development and management of India's national highways.
The Trust operates toll roads across Gujarat, Rajasthan, Telangana, and Karnataka, contributing to significant transportation infrastructure.
Listed peers in Road Assets–Toll, Annuity, Hybrid-Annuity: Cube Highways Trust, Interise Trust, Maple Infrastructure Trust, Indus Infra Trust, IRB InvIT Fund, Roadstar Infra Investment Trust.
Valuation & Returns
10 Jul 2026At ₹166 a share on 10 Jul 2026, National Highways Infra Trust (NHIT) was valued at a price-to-earnings ratio of 46.9x against an industry P/E of 40.79x and a price-to-book of 1.35x on a book value of ₹122.88 per share as of Mar 2026. Solomo computes return on equity of 2.88% and return on capital employed of 4.18% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 46.9x
- Industry P/E
- 40.79x
- P/B
- 1.35x
- EPS (TTM)
- ₹3.54
- Book value / share
- ₹122.88
- ROE
- 2.88%
- ROCE
- 4.18%
- ROA
- 1.34%
- Debt / equity
- 1.05x
- Dividend yield
- 8.01%
- EBITDA margin
- 81.76%
- 52-week range
- ₹132.7 – ₹166
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, National Highways Infra Trust (NHIT) reported revenue of ₹4,322 crore, net profit of ₹686 crore and earnings per share of ₹3.54. That compares with revenue of ₹2,413 crore and net profit of ₹325 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,145 crore and net profit ₹205 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 147 | 698 | 974 | 2,413 | 4,322 |
| Net profit (₹ cr) | 68 | 257 | 294 | 325 | 686 |
| EPS (₹) | 1.15 | 3.54 | 2.24 | 1.68 | 3.54 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 74.19% | 79.08% |
| Profit growth | 65.97% | 110.92% |
| Stock price CAGR | 12% | 25% |