Overview

Detailed Summary

Cube Highways Trust is a leading Infrastructure Investment Trust (InvIT) specializing in the road and highways sector in India, managing 18 road assets across 11 states.
The Trust strategically implements the Public-Private Partnership (PPP) model, collaborating with Central and State Governments to manage highway projects, showcasing significant operational capabilities.
In May 2022, Cube Highways Trust acquired the Ghaziabad Aligarh Expressway, a key national artery spanning 125 kilometers, highlighting its focus on expanding strategic road assets.
In April 2023, Cube Highways Trust launched a substantial private placement offering, resulting in an infusion of Rs 5225.8 Crores, supporting further growth and asset acquisitions.
The Trust utilizes advanced asset management and maintenance strategies to minimize lifecycle maintenance costs, emphasizing technological and engineering efficiencies.

Sector: Transport Infrastructure
Industry: Road Assets–Toll, Annuity, Hybrid-Annuity
Market Cap: 19,926 Cr
Volatility: Low Risk
P/E Ratio: 92.0
Industry P/E: 38.9
PEG Ratio: 0.2
P/B Ratio: 2.0
52W High: 150.00
52W Low: 126.00

Sales CAGR

1Y: 28.17%
3Y: —
5Y: 12.32%
10Y: —

Profit CAGR

1Y: 706.72%
3Y: —
5Y: —
10Y: —

ROE

TTM: 2.21%
3Y: 6.82%
5Y: 4.72%
10Y: —

ROCE

TTM: 6.52%
3Y: 7.33%
5Y: 6.89%
10Y: —

Technicals

‌

Forecasts

Peers

Services Services Transport Infrastructure

Symbol	Watchlist	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
NHIT		160.00	32,210 Cr	46.99	1.36	8.21	2.88	4.18	1.34
CUBEINVIT		148.50	19,959 Cr	92.17	2.04	2.40	2.21	6.52	0.74
INTERISE		113.00	11,440 Cr	271.36	2.73	1.19	0.91	8.13	0.20
MIT		145.60	10,022 Cr	-84.87	1.65	0.00	-2.64	3.68	-0.78
INDUSINVIT		125.00	5,537 Cr	14.47	1.12	10.29	8.06	5.94	4.00
IRBINVIT		60.64	4,792 Cr	14.15	0.69	9.91	4.14	4.03	1.47
ROADSTAR		62.53	2,848 Cr	-10.64	0.70	0.00	-6.83	2.13	-3.26
Median: 7 Co.	—	125.00	10,022 Cr	14.47	1.36	2.40	2.21	4.18	0.74

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

Ask AI

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	753	798	827	855	878	846	944	1,052	1,081	1,162
Expenses	231	133	257	268	243	306	272	281	310	261
Operating Profit	522	665	571	587	635	540	672	770	771	901
OPM %	69.28	83.32	68.98	68.63	72.33	63.86	71.15	73.27	71.35	77.52
Other Income	2.86	4.91	3.68	3.36	7.66	33	30	40	24	27
Interest	219	228	251	287	280	299	345	402	366	352
Depreciation	312	307	316	324	334	339	358	350	377	359
Profit Before Tax	-6.06	135	7.92	-21	28	-66	-1.52	58	52	217
Tax %	-135.48	9.76	51.14	-44.79	-84.69	6.16	130.26	30.11	20.59	37.78
Net Profit	-14	122	3.86	-30	52	-62	0.46	40	41	135
EPS in Rs	-0.11	0.90	0.03	-0.22	0.39	-0.46	0.00	0.30	0.31	1.00

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	0.00	0.00	2,916	3,307	4,239	3,523
Expenses	28	28	1,705	1,073	1,124	1,089
Operating Profit	-28	-28	1,211	2,234	3,114	2,434
OPM %	—	—	41.52	67.54	73.47	69.08
Other Income	0.00	0.00	158	146	120	73
Interest	0.00	0.00	873	1,117	1,465	1,211
Depreciation	0.00	0.00	1,183	1,313	1,444	1,356
Profit Before Tax	-28	-28	-687	-50	325	-60
Tax %	0.00	0.00	-2.78	29.00	33.25	34.53
Net Profit	-28	-28	-706	-36	217	-39
EPS in Rs	—	—	-5.29	-0.26	1.61	1.61
Dividend Payout %	—	—	0.00	-4,074.07	221.74	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.00	0.00	14,477	13,718	13,440
Reserves	-29	-29	-1,528	-2,281	-3,657
Borrowings	0.00	0.00	10,735	15,115	17,665
Other Liabilities	29	29	942	1,448	1,951
Total Liabilities	0.02	0.02	24,626	28,000	29,398
Fixed Assets	0.00	0.00	22,141	24,480	23,336
CWIP	0.00	0.00	114	23	11
Investments	0.00	0.00	1,353	0.67	501
Other Assets	0.02	0.02	1,017	3,497	5,551
Total Assets	0.02	0.02	24,626	28,000	29,398

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	0.00	0.00	1,870	2,916	3,803
Cash from Investing Activity	0.00	0.00	-1,033	-155	-271
Cash from Financing Activity	0.00	0.00	-1,224	-2,187	-3,869
Net Cash Flow	0.00	0.00	-387	575	-337

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Jul 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	59.50%	59.50%	59.50%	59.50%	60.84%	46.85%	46.84%	46.84%	31.42%	41.40%	41.40%	32.88%
FIIs	0.47%	0.47%	0.47%	0.47%	0.46%	0.61%	0.61%	0.61%	0.61%	0.60%	0.62%	0.61%
DIIs	35.06%	35.06%	35.06%	35.06%	33.91%	39.15%	38.97%	37.68%	38.74%	37.86%	34.47%	33.55%
Public	4.96%	4.96%	4.96%	4.96%	4.80%	13.38%	13.58%	14.87%	29.23%	20.14%	23.51%	32.97%
Total Shareholders	0	0	0	0	0	0	0	0	0	0	0	0

Market Transactions

Unlock more with professional

Real-time bulk & block deal transactions
Export transaction data for analysis

Projection

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.