Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Cube Highways Trust
Quarter-by-quarter operating performance
| Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 0 | 781 | 729 | 753 | 798 | 792 | 820 | 850 | 846 | 944 | 1,052 | 1,081 | 1,162 |
| Expenses + | 7 | 359 | 982 | 231 | 133 | 257 | 268 | 243 | 306 | 272 | 281 | 310 | 261 |
| Operating Profit | -7 | 422 | -253 | 522 | 665 | 535 | 552 | 607 | 540 | 672 | 770 | 771 | 901 |
| OPM % | 54% | -35% | 69% | 83% | 68% | 67% | 71% | 64% | 71% | 73% | 71% | 78% | |
| Other Income + | 0 | 1 | 5 | 3 | 5 | 39 | 38 | 36 | 32 | 30 | 40 | 24 | 27 |
| Interest | 0 | 192 | 235 | 219 | 228 | 251 | 287 | 280 | 299 | 345 | 402 | 366 | 352 |
| Depreciation | 0 | 249 | 315 | 312 | 307 | 316 | 324 | 334 | 339 | 358 | 350 | 377 | 359 |
| Profit before tax | -7 | -18 | -798 | -6 | 135 | 8 | -21 | 28 | -66 | -2 | 58 | 52 | 217 |
| Tax % | 0% | 13% | -1% | 135% | 10% | 51% | 45% | -85% | -6% | -130% | 30% | 21% | 38% |
| Net Profit + | -7 | -20 | -793 | -14 | 122 | 4 | -30 | 52 | -62 | 0 | 40 | 41 | 135 |
| EPS in Rs | -0.16 | -6.15 | -0.11 | 0.94 | 0.03 | -0.22 | 0.39 | -0.46 | 0.00 | 0.30 | 0.31 | 1.00 |
Financials of Cube Highways Trust
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales + | 0 | 0 | 2,916 | 3,307 | 4,239 |
| Expenses + | 28 | 28 | 1,705 | 1,073 | 1,124 |
| Operating Profit | -28 | -28 | 1,211 | 2,234 | 3,114 |
| OPM % | 42% | 68% | 73% | ||
| Other Income + | 0 | 0 | 158 | 146 | 120 |
| Interest | 0 | 0 | 873 | 1,117 | 1,465 |
| Depreciation | 0 | 0 | 1,183 | 1,313 | 1,444 |
| Profit before tax | -28 | -28 | -687 | -50 | 325 |
| Tax % | 0% | 0% | 3% | -29% | 33% |
| Net Profit + | -28 | -28 | -706 | -36 | 217 |
| EPS in Rs | -5.47 | -0.27 | 1.61 | ||
| Dividend Payout % | 0% | 0% | -207% | -4,223% | 855% |
Financials of Cube Highways Trust
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 14,477 | 13,718 | 13,440 |
| Reserves | -29 | -29 | -1,528 | -2,281 | -3,657 |
| Borrowings + | 0 | 0 | 10,735 | 15,115 | 17,665 |
| Other Liabilities + | 29 | 29 | 917 | 1,384 | 1,951 |
| Total Liabilities | 0 | 0 | 24,601 | 27,936 | 29,398 |
| Fixed Assets + | 0 | 0 | 22,142 | 24,480 | 23,340 |
| CWIP | 0 | 0 | 114 | 23 | 7 |
| Investments | 0 | 0 | 1,353 | 0 | 500 |
| Other Assets + | 0 | 0 | 993 | 3,433 | 5,551 |
| Total Assets | 0 | 0 | 24,601 | 27,936 | 29,398 |
Financials of Cube Highways Trust
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 0 | 0 | 1,870 | 2,916 | 3,803 |
| Cash from Investing Activity + | 0 | 0 | -1,033 | -155 | -758 |
| Cash from Financing Activity + | 0 | 0 | -1,224 | -2,186 | -3,869 |
| Net Cash Flow | 0 | 0 | -387 | 575 | -825 |
| Free Cash Flow | 0 | 0 | 1,359 | 2,735 | 3,742 |
| CFO/OP | 0% | 0% | 157% | 131% | 124% |
Financials of Cube Highways Trust
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 8 | 18 | 19 | ||
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 8 | 18 | 19 | ||
| Working Capital Days | -101 | -15 | 97 | ||
| ROCE % | 1% | 4% | 7% |