ScoreWhy is National Highways Infra Trust ?
1
Poor Management Efficiency with a low ROCE of 2.92%
- The company has been able to generate a Return on Capital Employed (avg) of 2.92% signifying low profitability per unit of total capital (equity and debt)
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 7.27 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 7.27 times
- The company has been able to generate a Return on Equity (avg) of 2.13% signifying low profitability per unit of shareholders funds
3
Healthy long term growth as Net Sales has grown by an annual rate of 83.90% and Operating profit at 75.37%
4
With a growth in Net Sales of 3.73%, the company declared Very Positive results in Mar 26
- The company has declared positive results for the last 4 consecutive quarters
- OPERATING PROFIT TO INTEREST(Q) Highest at 2.23 times
- PBT LESS OI(Q) At Rs 92.42 cr has Grown at 49.3% (vs previous 4Q average)
- NET SALES(Q) Highest at Rs 1,145.46 cr
5
With ROCE of 4.1, it has a Very Expensive valuation with a 1.1 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 19.85%, its profits have risen by 110.9% ; the PEG ratio of the company is 0.4
- At the current price, the company has a high dividend yield of 6.7
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to National High should be less than 10%
- Overall Portfolio exposure to Construction should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is National High for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
National High
19.93%
1.81
11.01%
Sensex
-7.94%
-0.60
12.97%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
83.90%
EBIT Growth (5y)
75.37%
EBIT to Interest (avg)
1.56
Debt to EBITDA (avg)
7.66
Net Debt to Equity (avg)
1.02
Sales to Capital Employed (avg)
0.08
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
79.91%
ROCE (avg)
3.94%
ROE (avg)
2.13%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
45
Industry P/E
0
Price to Book Value
1.30
EV to EBIT
27.75
EV to EBITDA
16.07
EV to Capital Employed
1.15
EV to Sales
12.95
PEG Ratio
0.41
Dividend Yield
6.67%
ROCE (Latest)
4.14%
ROE (Latest)
2.88%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
No Data found
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend27What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 2.23 times
PBT LESS OI(Q)
At Rs 92.42 cr has Grown at 49.3% (vs previous 4Q average
NET SALES(Q)
Highest at Rs 1,145.46 cr
PAT(Q)
At Rs 204.55 cr has Grown at 31.7% (vs previous 4Q average
-4What is not working for the Company
INTEREST(9M)
At Rs 1,269.14 cr has Grown at 27.43%
DEBT-EQUITY RATIO(HY)
Highest at 1.05 times
Loading Valuation Snapshot...
Here's what is working for National High
Operating Profit to Interest - Quarterly
Highest at 2.23 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 92.42 cr has Grown at 49.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 61.91 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
Highest at Rs 1,145.46 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 1,145.46 cr has Grown at 21.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 943.90 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 204.55 cr has Grown at 31.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 155.37 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Here's what is not working for National High
Debt-Equity Ratio - Half Yearly
Highest at 1.05 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Interest - Nine Monthly
At Rs 1,269.14 cr has Grown at 27.43%
over preceding nine months periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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