National High

Why is National Highways Infra Trust falling/rising?

As of 24-Aug, the stock price of National Highways Infra Trust is Rs 172.90, down 0.63%, but it has shown strong performance with a year-to-date rise of 17.26%. The stock remains close to its 52-week high and exhibits bullish trends, supported by increased investor interest and strong fundamentals.

As of 24-Aug, the stock price of National Highways Infra Trust is currently at Rs 172.90, reflecting a decrease of Rs 1.1 or 0.63%. Despite this decline, the stock has shown positive performance over various periods, with a 1-week increase of 2.92% and a year-to-date rise of 17.26%, significantly outperforming the Sensex, which has fallen by 7.31% in the same timeframe.<BR><BR>The stock is close to its 52-week high, just 0.64% away from Rs 174, indicating a strong upward trend leading up to this point. Additionally, the stock is trading above its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bullish sentiment among investors.<BR><BR>Investor participation has also increased, as evidenced by a significant rise in delivery volume, which surged by 476.92% compared to the 5-day average. This indicates growing interest and confidence among investors in the stock. Furthermore, the company boasts a high dividend yield of 6.91%, making it attractive for income-focused investors.<BR><BR>The fundamentals of the company appear strong, with net sales growing at an annual rate of 79.76% and operating profit increasing by 72.20%. The company has reported positive results for the last five consecutive quarters, with net sales in the latest six months reaching Rs 2,457.33 crore, a growth of 47.17%. <BR><BR>However, the stock's current decline may be attributed to short-term market fluctuations or profit-taking by investors after a period of strong performance. Despite this recent drop, the overall indicators suggest a healthy long-term growth outlook for National Highways Infra Trust.

Which are the latest news on National High?

Who are in the management team of National High?

The management team of National High includes Suresh Goyal (Managing Director & CEO), Kavita Saha, Bruce Crane (Directors), and Gunjan Singh (Company Secretary). The board also features independent directors and nominees, overseeing the company's operations and strategy.

The management team of National High includes the following individuals:<BR><BR>1. **Suresh Goyal** - Managing Director & CEO<BR>2. **Kavita Saha** - Director<BR>3. **Bruce Crane** - Director<BR>4. **Gunjan Singh** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features several independent directors: <BR><BR>- **Shailendra Narain Roy**<BR>- **Mahavir Parsad Sharma**<BR>- **Pradeep Singh Kharola**<BR>- **Sumit Bose**<BR><BR>There are also two nominees on the board:<BR><BR>- **Amit Kumar Ghosh**<BR>- **N R V V M K Rajendra Kumar**<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does National High do?

National Highways Infra Trust is a small-cap infrastructure investment trust focused on the construction industry, sponsored by the National Highways Authority of India. As of June 2026, it reported net sales of ₹1,312 Cr and a net profit of ₹234 Cr, with a market cap of ₹32,926 Cr.

Overview:<BR>National Highways Infra Trust is a registered infrastructure investment trust operating in the construction industry and classified as a small-cap company.<BR><BR>History:<BR>The company was established under the InvIT Regulations and became operational in February 1995. Its sponsor is the National Highways Authority of India (NHAI), which was established on June 15, 1989. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,312 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 234 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 32,926 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 41.00 <BR>Industry P/E: 31 <BR>Dividend Yield: 8.64% <BR>Debt-Equity: 1.02 <BR>Return on Equity: 3.38% <BR>Price to Book: 1.39 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the National High?

Peers of National High include Larsen & Toubro, Rail Vikas, IRB Infra. Trust, NBCC, and others. National High has below average management risk, excellent growth, and a 1-year return of 23.53%, lower than Cemindia Project's 56.53% but higher than Rail Vikas's -30.08%.

Peers: The peers of National High are Larsen & Toubro, Rail Vikas, IRB Infra. Trust, NBCC, Kalpataru Proj., IRB Infra.Devl., Cemindia Project, Vertis Infra., and Altius Telecom.<BR><BR>Quality Snapshot: Excellent management risk is observed at NBCC and Cemindia Project, while Good management risk is found at Larsen & Toubro and Kalpataru Proj. Average management risk is present at Rail Vikas, IRB Infra.Devl., and Vertis Infra., while Below Average management risk is noted for National High, IRB Infra. Trust, and Altius Telecom. In terms of Growth, Excellent growth is seen at National High, IRB Infra. Trust, and Cemindia Project, while Good growth is found at Larsen & Toubro and NBCC, and Average growth is noted for Kalpataru Proj. Below Average growth is observed at Rail Vikas and IRB Infra.Devl. Lastly, Excellent capital structure is present at NBCC, while Good capital structure is seen at Cemindia Project and Average capital structure is found at Larsen & Toubro, Rail Vikas, Kalpataru Proj., and the rest.<BR><BR>Return Snapshot: Cemindia Project has the highest 1-year return at 56.53%, while Rail Vikas has the lowest at -30.08%. National High's 1-year return of 23.53% is significantly higher than that of Rail Vikas but lower than that of Cemindia Project. Additionally, IRB Infra. Trust, IRB Infra.Devl., and NBCC have negative six-month returns.

How big is National High?

As of 14th August, National Highways Infra Trust has a market capitalization of 32,539.00 Cr, with recent net sales of 4,563.19 Cr and net profit of 798.55 Cr over the last four quarters.

As of 14th August, <BR><BR>Market Cap: National Highways Infra Trust has a market capitalization of 32,539.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 4,563.19 Cr, while the sum of Net Profit for the same period is 798.55 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 23,800.55 Cr and Total Assets totaling 50,290.21 Cr.

Should I buy, sell or hold National Highways Infra Trust?

Are National Highways Infra Trust latest results good or bad?

The latest results for National Highways Infra Trust show strong revenue growth with record net sales of ₹1,145.46 crore, but net profit declined by 17.32% from the previous quarter, raising concerns about margin compression and high leverage. Overall, while revenue performance is impressive, the decline in profitability suggests a cautious approach for investors.

The latest results for National Highways Infra Trust present a mixed picture. On one hand, the trust achieved a record net sales of ₹1,145.46 crore in Q4 FY26, reflecting a strong year-on-year growth of 77.05% and a sequential increase of 3.73%. This indicates robust revenue generation driven by increased toll collections and traffic growth.<BR><BR>However, the net profit for the same quarter was ₹204.55 crore, which represents a significant decline of 17.32% compared to the previous quarter, although it shows a positive year-on-year growth of 45.58%. Additionally, both the operating margin and profit after tax (PAT) margin experienced notable contractions, with the operating margin dropping to 77.36% from 83.91% in the prior quarter, and the PAT margin falling to 17.86% from 22.40%.<BR><BR>The trust's high leverage, with a debt-to-equity ratio of 0.98, and the pressure from elevated interest costs are concerns that could impact future profitability. While the trust has demonstrated impressive revenue growth, the margin compression and operational challenges suggest that investors should approach with caution.<BR><BR>Overall, while the top-line growth is commendable, the decline in profitability and margin pressures indicate that the results are not entirely positive. Investors may want to weigh these factors carefully when considering their positions in the trust.

How has been the historical performance of National High?

National High has shown significant growth in net sales, rising from 0.00 crore in March 2021 to 2,363.82 crore in March 2025, with profit after tax increasing from a loss of 0.68 crore to 325.01 crore. However, the company faces rising debt and interest expenses, impacting profit before tax.

Answer:<BR>The historical performance of National High shows significant growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>National High's net sales have surged from 0.00 crore in March 2021 to 2,363.82 crore in March 2025, indicating a robust upward trend. Total operating income followed suit, rising from 0.00 crore in March 2021 to the same figure as net sales in March 2025. The company has also seen an increase in operating profit (PBDIT), which grew from a negative 0.68 crore in March 2021 to 1,975.01 crore in March 2025. However, interest expenses have escalated significantly, from 0.00 crore in March 2021 to 1,055.48 crore in March 2025, impacting profit before tax, which decreased from 234.65 crore in March 2024 to 122.33 crore in March 2025. Despite this, profit after tax has increased from a loss of 0.68 crore in March 2021 to 325.01 crore in March 2025. The company's total liabilities have risen sharply from 0.00 crore in March 2021 to 44,698.82 crore in March 2025, driven by long-term borrowings that increased from 0.00 crore to 21,471.50 crore over the same period. Cash flow from operating activities has improved, reaching 2,098.00 crore in March 2025, while cash and cash equivalents at the end of March 2025 stood at 465.00 crore, reflecting a stable liquidity position. Overall, National High has demonstrated a remarkable growth trajectory in sales and profitability, despite rising debt levels and interest expenses.

Who are the top shareholders of the National High?

The top shareholders of National High include the promoters as majority shareholders with no pledged holdings, CPP Investment Board Private Holdings 4 Inc at 25%, mutual funds at 3.93%, and individual investors at 1.8%. There are currently no foreign institutional investors involved.

The top shareholders of National High include the promoters, who are the majority shareholders. Notably, there are no pledged promoter holdings. The highest public shareholder is CPP Investment Board Private Holdings 4 Inc, which holds 25% of the shares. Additionally, mutual funds hold 3.93% through 0 schemes, and individual investors account for 1.8% of the holdings. There are currently no foreign institutional investors (FIIs) involved with the company.

When is the next results date for National High?

No Upcoming Board Meetings

Has National High declared dividend?

Yes, National Highways Infra Trust has declared a 1% dividend, amounting to 1.2414 per share, with an ex-date of March 18, 2025. The dividend yield is 2.52%, contributing to a total return of 9.23% over the past year.

National Highways Infra Trust has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 1.2414<BR>- Ex-date: Mar-18-2025<BR><BR>Dividend Yield: 2.52%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 1.14%, with no dividend return, resulting in a total return of 1.14%.<BR><BR>Over the past year, the price return was 5.33%, with a dividend return of 3.90%, leading to a total return of 9.23%.<BR><BR>In the 2-year period, the price return was 17.11%, with no dividend return, giving a total return of 17.11%.<BR><BR>For the 3-year period, the price return was 11.25%, with no dividend return, resulting in a total return of 11.25%.<BR><BR>In the 4-year period, there was no price return and no dividend return, resulting in a total return of 0.0%.<BR><BR>Over the last 5 years, there was no price return and no dividend return, leading to a total return of 0.0%.<BR><BR>Overall, National Highways Infra Trust has declared a dividend, which contributes to the total returns, particularly noticeable in the 1-year period where the dividend return significantly boosted the overall performance. The company has shown varying returns across different periods, with a notable increase in the 1-year and 2-year spans.

Is National High technically bullish or bearish?

National Highways Infra Trust is currently in a mildly bullish technical position, with stable pricing at 133.50 and a cautious sentiment reflected in recent trends, despite outperforming the Sensex over the past year.

National Highways Infra Trust is currently in a mildly bullish technical position. While the stock price has remained stable at 133.50, the recent trend indicates a shift from a stronger bullish sentiment to a more cautious mildly bullish outlook. The daily Moving Averages suggest a bullish trend, but the weekly Bollinger Bands reflect a more tempered sentiment. <BR><BR>Despite experiencing a slight decline of -3.44% over the past week compared to the Sensex's -2.55%, the company has shown resilience over the longer term, outperforming the Sensex with a 6.16% return over the past year. Overall, while there are some bullish indicators, the current sentiment is more cautious than before.