Capital Infra Trust
Incorporated in 2023, Capital Infra Trust is registered as an irrevocable trust and as an InvIT[1]
- Market Cap ₹ 2,148 Cr.
- Current Price ₹ 78.0
- High / Low ₹ 110 / 74.3
- Stock P/E 5.84
- Book Value ₹ 82.2
- Dividend Yield 30.6 %
- ROCE 16.8 %
- ROE 32.5 %
- Face Value ₹ 99.0
Pros
- Stock is trading at 0.95 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.3%
Cons
- Tax rate seems low
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1,908 | 2,027 | 1,466 | 404 | |
| 1,718 | 1,693 | 1,002 | 17 | |
| Operating Profit | 190 | 333 | 463 | 387 |
| OPM % | 10% | 16% | 32% | 96% |
| 73 | 484 | -3 | -443 | |
| Interest | 95 | 152 | 285 | 21 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 168 | 665 | 175 | -77 |
| Tax % | 25% | 25% | 28% | 0% |
| 126 | 497 | 126 | -77 | |
| EPS in Rs | -2.79 | |||
| Dividend Payout % | 0% | 7% | 0% | -936% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -40% |
| TTM: | -72% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 71% |
| TTM: | 167% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| Last Year: | 32% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 313 | 337 | 0.00 | 2,691 |
| Reserves | 184 | 647 | 0 | -427 |
| 1,632 | 2,657 | 0 | 2,363 | |
| 374 | 643 | 0 | 55 | |
| Total Liabilities | 2,503 | 4,283 | 0 | 4,682 |
| 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 14 | 0 | 0 | 1,207 |
| 2,489 | 4,283 | 0 | 3,476 | |
| Total Assets | 2,503 | 4,283 | 0 | 4,682 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -667 | -510 | 0 | 15 | |
| -52 | -386 | 0 | -3,068 | |
| 746 | 880 | 0 | 3,054 | |
| Net Cash Flow | 28 | -17 | 0 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 4 | 20 | 0 | 0 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 4 | 20 | 0 | 0 |
| Working Capital Days | 113 | 112 | 0 | 84 |
| ROCE % | 12% | 26% | 17% |
Documents
Announcements
-
Reg 23(5)(i): Disclosure of material issue
2 Jul - Notice of Capital Infra Trust's first annual meeting on July 25, 2025 via video conferencing.
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Disclosure of Annual financial information
30 Jun - Capital Infra Trust FY25 annual report: highest distribution of ₹23.9/unit, AUM ₹49,120 mn, strong governance, growth plans to $5bn by 2030.
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Reg 23(5)(g): Notice of Unitholder meetings
30 Jun - Notice of Capital Infra Trust's First Annual Meeting on July 25, 2025, covering financials, valuations, and auditor appointments.
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Reg 23(5)(i): Disclosure of material issue
30 Jun - Appointment of Mr. S. Sundararaman as Capital Infra Trust valuer for FY 2025-26.
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Reg 23(5)(i): Disclosure of material issue
30 Jun - Amended management fee clause: InvIT and SPVs to pay fees to Investment Manager.
Annual reports
No data available.
Business Overview:[1]
CIT (erstwhile National Infrastructure Trust) is an InvIT in strategic investments in Infrastructure projects mainly national highways (NHAI) through acquisition from Sponsors and 3rd parties.