National High

Why is National Highways Infra Trust falling/rising?

As of 22-Jun, the stock price of National Highways Infra Trust is slightly declining at Rs 167.98, having fallen for eight consecutive weeks. Despite this short-term drop, the stock has a year-to-date increase of 13.92% and strong financial growth, indicating long-term positive performance.

As of 22-Jun, the stock price of National Highways Infra Trust is experiencing a slight decline, currently at Rs 167.98, down by Rs 0.02 or 0.01%. This minor decrease is part of a broader trend, as the stock has fallen every week for the last eight weeks, resulting in a total return of -100% during this period. Additionally, the stock has underperformed its sector by 0.33% today.<BR><BR>Despite this recent decline, the stock has shown positive performance over longer periods, with a year-to-date increase of 13.92% and a one-year return of 25.92%. The company has also reported strong financial growth, with net sales increasing at an annual rate of 83.90% and operating profit growing at 75.37%. Furthermore, the stock has high institutional holdings at 79.91%, indicating confidence from larger investors.<BR><BR>However, the stock's recent performance is tempered by its weekly fall and the fact that it has traded in a narrow range of Rs 0.05, suggesting limited volatility. The stock is also close to its 52-week high, just 1.2% away from Rs 170, which may indicate a resistance level. Overall, while the stock has shown strong long-term growth and positive investor sentiment, the recent weekly declines and underperformance in the short term contribute to its current falling price.

Which are the latest news on National High?

What does National High do?

National Highways Infra Trust is an autonomous body in India responsible for the development and management of national highways, with a market cap of INR 32,210 Cr and recent net sales of 1,145 Cr and net profit of 205 Cr as of March 2026. It operates in the construction industry as a small-cap entity.

Overview:<BR>National Highways Infra Trust is an autonomous body responsible for the development, maintenance, and management of national highways in India, operating within the construction industry and categorized as a small-cap entity.<BR><BR>History:<BR>National Highways Infra Trust was established on June 15, 1989, and became operational in February 1995. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,145 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 205 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 32,210 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 47.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 6.42% <BR>Debt-Equity: 1.02 <BR>Return on Equity: 2.88% <BR>Price-to-Book: 1.35 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is National High?

As of 10th June, National Highways Infra Trust has a market capitalization of 32,210.00 Cr, with Net Sales of 4,274.07 Cr and a Net Profit of 685.52 Cr for the latest four quarters. The company reports Shareholder's Funds of 21,973.28 Cr and Total Assets of 44,698.82 Cr for the annual period ending March 2025.

As of 10th June, National Highways Infra Trust has a market capitalization of 32,210.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, National High reported Net Sales of 4,274.07 Cr and a Net Profit of 685.52 Cr.<BR><BR>For the latest annual period ending March 2025, the company has Shareholder's Funds amounting to 21,973.28 Cr and Total Assets of 44,698.82 Cr.

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), Gunjan Singh (Company Secretary), and several Independent Directors: Shailendra Narain Roy, Mahavir Parsad Sharma, Pradeep Singh Kharola, and Sumit Bose, along with nominees Amit Kumar Ghosh and N R V V M K Rajendra Kumar. They oversee the company's operations and strategic direction.

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, there are several Independent Directors on the board:<BR><BR>- **Shailendra Narain Roy** - Independent Director<BR>- **Mahavir Parsad Sharma** - Independent Director<BR>- **Pradeep Singh Kharola** - Independent Director<BR>- **Sumit Bose** - Independent Director<BR><BR>There are also nominees:<BR><BR>- **Amit Kumar Ghosh** - Nominee<BR>- **N R V V M K Rajendra Kumar** - Nominee<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the National High?

Peers of National High include Larsen & Toubro, Rail Vikas, NBCC, IRB Infra. Trust, IRB Infra.Devl., Kalpataru Proj., Cemindia Project, IndiGrid Trust, and Altius Telecom. National High has below average management and capital structure risks, with a 1-year return of 24.59%, lower than Cemindia Project's 52.04% but higher than Rail Vikas's -47.25%.

Peers: The peers of National High are Larsen & Toubro, Rail Vikas, NBCC, IRB Infra. Trust, IRB Infra.Devl., Kalpataru Proj., Cemindia Project, IndiGrid Trust, and Altius Telecom.<BR><BR>Quality Snapshot: Excellent management risk is observed at NBCC, while Good management risk is found at Larsen & Toubro and Kalpataru Proj. Average management risk is present at Rail Vikas, IRB Infra.Devl., IndiGrid Trust, and Altius Telecom, while Below Average management risk is noted for National High and IRB Infra. Trust. In terms of Growth, Excellent growth is seen at National High, IRB Infra. Trust, and Cemindia Project, while Good growth is found at NBCC and IndiGrid Trust, Average growth is noted for Larsen & Toubro and Kalpataru Proj., and Below Average growth is present at Rail Vikas and IRB Infra.Devl. Regarding Capital Structure, Excellent capital structure is observed at NBCC and IndiGrid Trust, while Good capital structure is noted for Cemindia Project and Average capital structure is found at Larsen & Toubro, Rail Vikas, Kalpataru Proj., and IRB Infra.Devl., with Below Average capital structure at National High and IRB Infra. Trust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Cemindia Project at 52.04%, while Rail Vikas has the lowest at -47.25%. National High's 1-year return of 24.59% is significantly higher than Rail Vikas but lower than Cemindia Project. Additionally, IRB Infra. Trust, IRB Infra.Devl., and NBCC have negative six-month returns.

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.

Should I buy, sell or hold National Highways Infra 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.