NH

National Highways Infra Trust

Q4 FY25Transport Infrastructure

National Highways Infra Trust Q4 FY25: Revenue ₹944 Cr, PAT ₹325 Cr

Q4 FY25 investor presentation: what the company reported on revenue, margins and projects.

Price₹170
Market cap₹33.1K Cr
P/E41.5
Updated25 Sept 2026
Read4 min read

Based on National Highways Infra Trust's Q4 FY25 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue from Operations reported (Page 14) for FY24: ₹944 crore; FY25: ₹2,364 crore, indicating a significant year-on-year increase. For FY 2025, the presentation reports: - EBITDA: ₹1,975 crore (up from ₹763 crore in FY24), showing a YoY increase of approximately 159%.

From National Highways Infra Trust's Q4 FY25 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Revenue from Operations reported (Page 14) for FY24: ₹944 crore; FY25: ₹2,364 crore, indicating a significant year-on-year increase.
  • Q1 & Q2 FY25 traffic and revenue performance for Project Leap assets not covered due to transition period.
  • Specific traffic volume data (PCU) provided for various assets with year-on-year changes (Page 12 & 13):
  • NWPPL projects show mixed volume changes ranging mostly from +2% to +14%; BK project traffic impacted by 6-laning works.
  • NEPPL projects show volume changes from -13% to +19%; passenger traffic increased notably at RKJL & LK due to Mahakumbh event.

2 more points management made on revenue & sales performance

Profitability & Margins

See what National Highways Infra Trust said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Round 4 (R4) assets: Appointed date 1st April 2025; represents largest monetization transaction in Indian roads sector with fund raise of INR 18,380 crore (Page 4, 14).
  • Operational Days: R4 Assets projected at 365 days from FY25 (Page 14).
  • Capacity expansion mentions ongoing 6-laning works between Satara to Belgaum impacting BK project traffic since Nov 2022, with intensified works continuing since Nov 2023 (Page 12).
  • Debt increased to INR 21,670 crore at end of FY25 to support operational and expansion activities (Page 14).

2 more points management made on capital expenditure plans

Top-ranked in Transport Infrastructure

Ranked on what management guided this quarter

5x potential
1Guj Pipavav Port
Rev 2Mar 3
2Anantam Highways
Rev 2Mar 3
3
Rev 3Mar 1
4
Rev 3Mar 3
5
Rev 3Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what National Highways Infra Trust said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation for National Highways Infra Trust (NHIT) does not explicitly report any details on order book, order inflow, or pending orders. The presentation primarily focuses on: - NHIT’s asset portfolio and monetization rounds. - Financial performance, including revenue, EBITDA, PAT, debt, and distributions. - Traffic and revenue performance of operational highway projects. - Environmental, Health, Safety & Sustainability metrics.

2 more points management made on order book & pipeline

National Highways Infra Trust — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net profit ₹205 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were National Highways Infra Trust Q4 FY25 results?

Revenue from Operations reported (Page 14) for FY24: ₹944 crore; FY25: ₹2,364 crore, indicating a significant year-on-year increase. For FY 2025, the presentation reports: - EBITDA: ₹1,975 crore (up from ₹763 crore in FY24), showing a YoY increase of approximately 159%.

What is National Highways Infra Trust share price analysis?

National Highways Infra Trust currently shows a neutral. The stock trades at a P/E of 41.5 with a market cap of ₹33,120 Cr. Investors should review the full earnings analysis for detailed insights.

Is National Highways Infra Trust planning capital expenditure?

Round 4 (R4) assets: Appointed date 1st April 2025; represents largest monetization transaction in Indian roads sector with fund raise of INR 18,380 crore (Page 4, 14). - Operational Days: R4 Assets projected at 365 days from FY25 (Page 14). - Capacity expansion mentions ongoing 6-laning works between Satara to Belgaum impacting BK project traffic since Nov 2022, with intensified works continuing since Nov 2023 (Page 12). - Debt increased to INR 21,670 crore at end of FY25 to support operational and expansion activities (Page 14). - No other specific new plant or project construction details or fixed timelines for capex beyond above are provided.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.