Roadstar Infra Investment Trust
Incorporated in 2020, Roadstar Infra Investment Trust is a SEBI-registered Infrastructure Investment Trust.[1]
- Market Cap ₹ 2,619 Cr.
- Current Price ₹ 57.5
- High / Low ₹ 80.0 / 50.0
- Stock P/E
- Book Value ₹ 106
- Dividend Yield 9.22 %
- ROCE -1.28 %
- ROE -1.43 %
- Face Value ₹ 100
Pros
- Company is almost debt free.
- Stock is trading at 0.54 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 22.4%
- Company has a low return on equity of 3.35% over last 3 years.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 107 | 217 | 388 | 334 | |
| 60 | 64 | 67 | 407 | |
| Operating Profit | 47 | 154 | 321 | -73 |
| OPM % | 44% | 71% | 83% | -22% |
| 3 | 19 | 84 | 8 | |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 50 | 173 | 405 | -65 |
| Tax % | 3% | 4% | 2% | 12% |
| 49 | 166 | 395 | -72 | |
| EPS in Rs | 8.68 | -1.59 | ||
| Dividend Payout % | 0% | 0% | 103% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| TTM: | -14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -121% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 2,541 | 3,744 | 4,555 | 4,409 |
| Reserves | 55 | 221 | 751 | 420 |
| 0 | 0 | 0 | 0 | |
| 4 | 2 | 3 | 32 | |
| Total Liabilities | 2,600 | 3,967 | 5,309 | 4,860 |
| 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 890 | 1,612 | 2,609 | 2,126 |
| 1,710 | 2,355 | 2,700 | 2,734 | |
| Total Assets | 2,600 | 3,967 | 5,309 | 4,860 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 93 | 100 | 121 | 102 | |
| -92 | -203 | 7 | 176 | |
| 0 | 124 | -148 | -257 | |
| Net Cash Flow | 1 | 22 | -20 | 21 |
| Free Cash Flow | 93 | 100 | 121 | 102 |
| CFO/OP | 200% | 70% | 41% | -151% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 |
| Working Capital Days | 215 | 338 | 212 | 337 |
| ROCE % | 5% | 8% | -1% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Average Daily Toll Collections Growth % |
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| Average Operational Track Record (Toll Roads) Years |
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| Barwa Adda Expressway Completion % |
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| Levied Penalties (Maintenance related) Rs. crore |
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| Number of SPVs (Operational Assets) Number |
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| Semi-Annuity Receipts Count Number |
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| Toll Collection CAGR % |
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| Toll Rate Hike CAGR % |
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| Traffic CAGR % |
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| Major Maintenance Reserves (MMR) Rs. crore |
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Extracted by Screener AI
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
29 May - FY26 secretarial compliance report notes 210-day RMC gap and multiple NSE/BSE fines for listing non-compliances.
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Reg 23(5)(i): Disclosure of material issue
26 May - Roadstar Infra Investment Trust released FY2025-26 investor presentation, reporting Rs 11.9 billion revenue and Rs 2,414 million distribution.
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Reg 21: Disclosure of valuation report received by the manager
26 May - Roadstar InvIT reports March 31, 2026 NAV at Rs. 92.09 per unit.
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Reg 23(5)(i): Disclosure of material issue
26 May - Audited FY26 results approved; 2nd distribution of Rs.5.30 per unit, record date May 30, payout by June 5.
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Reg 23(5)(i): Disclosure of material issue
16 May - Board meeting on May 26, 2026 to approve FY26 audited results and declare second distribution.
Annual reports
No data available.
Concalls
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May 2025TranscriptAI SummaryPPT
Business Overview:[1]
RIIT is an irrevocable trust established under the Indian Trusts Act and registered with SEBI as an Infrastructure Investment Trust
a) Sponsor:
RIPL, a subsidiary of IL&FS Transportation Networks Limited (ITNL)
b) Investment Manager:
Roadstar Investment Managers Limited
c) Project Manager:
Elsamex Maintenance Services Ltd.
d) Trustee:
Axis Trustee Services Limited