RaajMarg Infra Investment Trust
Raajmarg Infra Investment Trust (RIIT) is an Infrastructure Investment Trust sponsored by the National Highways Authority of India (NHAI). The Trust owns and operates a diversified portfolio of toll road assets across strategic economic corridors in India[1]
- Market Cap ₹ 7,180 Cr.
- Current Price ₹ 120
- High / Low ₹ 128 / 100
- Stock P/E
- Book Value ₹ 99.2
- Dividend Yield 4.03 %
- ROCE %
- ROE -0.01 %
- Face Value ₹ 100
Pros
Cons
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.3.23 Cr.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 5m | |
|---|---|
| 0.00 | |
| Sales growth | |
| 0.80 | |
| Operating Profit | -0.80 |
| OPM % | |
| 3.23 | |
| Interest | 1.44 |
| Depreciation | 0.00 |
| Profit before tax | 0.99 |
| Tax % | 139.39% |
| -0.39 | |
| EPS in Rs | -0.01 |
| Dividend Payout % | 0.00% |
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| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | Sep 2026 | |
|---|---|---|
| Equity Capital | 5,973.59 | 5,965.73 |
| Reserves | -0.39 | -12.34 |
| 3,729.11 | 3,715.50 | |
| 34.58 | 110.58 | |
| Total Liabilities | 9,736.89 | 9,779.47 |
| 0.00 | 9,405.08 | |
| CWIP | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 |
| 9,736.89 | 374.39 | |
| Total Assets | 9,736.89 | 9,779.47 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| -0.01 | |
| -9,579.84 | |
| 9,733.07 | |
| Net Cash Flow | 153.22 |
| Free Cash Flow | -9,583.08 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 1% |
Ratios
Consolidated / View Standalone
| Mar 2026 | |
|---|---|
| Debtor Days | |
| Inventory Days | |
| Days Payable | |
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| ROCE % |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Average Daily Traffic (AADT) by Toll Plaza vehicles per day ・Standalone data |
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| Commercial Vehicle Share (Truck + MAV) by Toll Plaza % of total AADT ・Standalone data |
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| Passenger Car Units (PCU) by Toll Plaza PCU per day ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
- Newspaper publication of unaudited standalone and consolidated results for quarter and half-year ended September 30, 2026.
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Reg 23(5)(i): Disclosure of material issue
- RIIT filed H1 FY27 report for half-year ended September 30, 2026; revenue ₹478.49 crore, distribution ₹2.43/unit.
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Reg 23(5)(i): Disclosure of material issue
- KFin Technologies changes corporate office address effective December 1, 2026.
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Reg 23(5)(i): Disclosure of material issue
- Axis Bank nominee Sanjiv Bhatia appointed director on November 4, 2026.
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Reg 23(5)(i): Disclosure of material issue
- Submitted valuation report for September 30, 2026; enterprise value Rs 10,040.5 crore, NAV Rs 110.12 per unit.
Trust Overview:[1]
Trust owns 5 operational highway assets spanning 260 kms with 7 toll plazas across
4 states. Trust is backed by fundamentals, experienced sponsorship, and a diversified portfolio of highway assets. The Trust aims
to deliver stable returns and long-term value through strategic infrastructure investments.