Capital Infra Trust
Incorporated in 2023, Capital Infra Trust is registered as an irrevocable trust and as an InvIT[1]
- Market Cap ₹ 2,552 Cr.
- Current Price ₹ 71.1
- High / Low ₹ 88.0 / 66.6
- Stock P/E 4.26
- Book Value ₹ 71.1
- Dividend Yield 16.3 %
- ROCE 14.2 %
- ROE 20.8 %
- Face Value ₹ 99.0
Pros
- Stock is trading at 1.00 times its book value
- Stock is providing a good dividend yield of 16.3%.
- Promoter holding has increased by 7.86% over last quarter.
Cons
- Tax rate seems low
- Working capital days have increased from 71.1 days to 101 days
* 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
Quarterly 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 | Mar 2026 | |
|---|---|---|---|---|---|
| 1,908 | 2,027 | 1,466 | 404 | 784 | |
| 1,718 | 1,693 | 1,002 | 17 | 5 | |
| Operating Profit | 190 | 333 | 463 | 387 | 779 |
| OPM % | 10% | 16% | 32% | 96% | 99% |
| 73 | 484 | -3 | -443 | -310 | |
| Interest | 95 | 152 | 285 | 21 | 181 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 168 | 665 | 175 | -77 | 288 |
| Tax % | 25% | 25% | 28% | 0% | 1% |
| 126 | 497 | 126 | -77 | 286 | |
| EPS in Rs | -2.79 | 5.81 | |||
| Dividend Payout % | 0% | 7% | 0% | -936% | 175% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -27% |
| TTM: | 94% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 62% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 20% |
| Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 313 | 337 | 0.00 | 2,691 | 4,264 |
| Reserves | 184 | 647 | 0 | -427 | -767 |
| 1,632 | 2,657 | 0 | 2,363 | 2,961 | |
| 374 | 643 | 0 | 55 | 30 | |
| Total Liabilities | 2,503 | 4,283 | 0 | 4,682 | 6,487 |
| 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 14 | 0 | 0 | 1,207 | 1,276 |
| 2,489 | 4,283 | 0 | 3,476 | 5,211 | |
| Total Assets | 2,503 | 4,283 | 0 | 4,682 | 6,487 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -667 | -510 | 0 | 15 | -32 | |
| -52 | -386 | 0 | -3,068 | -1,283 | |
| 746 | 880 | 0 | 3,054 | 1,362 | |
| Net Cash Flow | 28 | -17 | 0 | 2 | 47 |
| Free Cash Flow | -667 | -510 | 0 | 15 | -32 |
| CFO/OP | -328% | -146% | 0% | 4% | -4% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 4 | 20 | 0 | 0 | 0 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 4 | 20 | 0 | 0 | 0 |
| Working Capital Days | 83 | 61 | 0 | 42 | 101 |
| ROCE % | 12% | 26% | 17% | 14% |
Insights
In beta| Dec 2024 | Dec 2025 | |
|---|---|---|
| Number of HAM Assets in Portfolio Numbers |
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| Annuities Received (Cumulative vs Total) Numbers |
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| Asset Under Management (AUM) Rs. Mn |
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| Future ROFO Asset Pipeline Numbers |
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| Net Asset Value (NAV) per unit Rs. |
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| Net Debt to Enterprise Value (EV) % |
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| Residual Concession Life Years |
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| Total Portfolio Length Lane Kms |
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Extracted by Screener AI
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
27 May - Capital Infra Trust submitted Q4/FY26 earnings call transcript; AUM rose 42% to ₹6,611 crore, FY27 DPU guided at ₹9-9.25.
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Reg 23(5)(i): Disclosure of material issue
20 May - Audio transcript of Q4 FY26 earnings conference call held on May 20, 2026.
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Reg 23(5)(i): Disclosure of material issue
20 May - Capital Infra Trust reports Q4/FY26 results: AUM up 42% to ₹66,114 Mn, FY26 DPU ₹11.6.
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Reg 23(5)(i): Disclosure of material issue
19 May - Capital Infra Trust filed its FY26 secretarial compliance report, noting delayed SDD certificate and record-date intimation.
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Reg 23(5)(i): Disclosure of material issue
19 May - Capital Infra Trust submitted Q4 and FY26 investor presentation detailing AUM growth, NAV, DPU, and acquisition pipeline.
Annual reports
No data available.
Concalls
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May 2026TranscriptPPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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.
InvIT was listed on NSE and BSE platform on January 17, 2025.[2]