National Highways Infra Trust (NHIT), established on October 19, 2020, by the National Highways Authority of India (NHAI), is an infrastructure investment trust (InvIT) headquartered in Dwarka, New Delhi, India. Operating within the infrastructure investment sector, NHIT focuses on the investment and management of national highway projects, providing an avenue for private investors to participate in the development, operation, and maintenance of critical road infrastructure. Registered under the Securities and Exchange Board of India (SEBI) InvIT Regulations, 2014, NHIT serves as a strategic mechanism to attract private capital for upgrading and maintaining India’s national highways, thereby alleviating the financial burden on the government. The trust plays a pivotal role in modernizing and managing national highway assets, ensuring enhanced connectivity and fostering economic growth. Through its innovative structure, NHIT empowers investors to directly contribute to and benefit from India’s infrastructure expansion, cementing its significance in the country’s transportation and economic framework.
Recent News on National Highways Infra Trust
National Highways Infra Trust (NHIT) is actively pursuing additional fundraising initiatives to bolster its investment capacity in infrastructure projects. The trust is set to raise approximately ₹3,800 crore, with a significant portion of ₹1,500 crore being mobilized through the issuance of non-convertible debentures (NCDs). These NCDs will feature a long maturity period of 24 years, reflecting NHIT’s commitment to securing long-term funding for sustainable infrastructure development. This move underscores NHIT’s strategic focus on enhancing its financial resources to support the modernization and maintenance of national highways, ensuring efficient and robust transportation networks across India.
Below are the trading platforms that you can use to purchase National Highways Infra Trust shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
November 2024 | 136.55 | 118.74 |
December 2024 | 137.92 | 119.93 |
In 2024, National Highways Infra Trust is expected to exhibit notable price movements. By November 2024, the maximum price is anticipated to reach ₹136.55, while the minimum price may stand at ₹118.74. As we approach December 2024, the maximum price is projected to climb slightly to ₹137.92, with the minimum price forecasted at ₹119.93.
When | Maximum Price | Minimum Price |
January 2025 | 139.30 | 107.15 |
February 2025 | 140.71 | 108.24 |
March 2025 | 143.66 | 110.51 |
April 2025 | 142.24 | 109.41 |
May 2025 | 138.10 | 106.23 |
June 2025 | 144.31 | 111.01 |
July 2025 | 141.48 | 108.83 |
August 2025 | 145.86 | 112.20 |
September 2025 | 147.61 | 113.54 |
October 2025 | 151.44 | 116.50 |
November 2025 | 155.23 | 119.41 |
December 2025 | 162.22 | 124.78 |
As we move through 2025, National Highways Infra Trust is projected to show steady growth. Starting in January with a maximum of ₹139.30 and a minimum of ₹107.15, prices are expected to gradually rise, reaching ₹147.61 and ₹113.54 by September. October may see further increases to ₹151.44 and ₹116.50. By November and December, the maximum prices could climb to ₹155.23 and ₹162.22, with minimums of ₹119.41 and ₹124.78, respectively, reflecting consistent upward momentum.
When | Maximum Price | Minimum Price |
January 2026 | 167.08 | 128.52 |
February 2026 | 162.90 | 125.31 |
March 2026 | 166.16 | 127.82 |
April 2026 | 169.55 | 130.43 |
May 2026 | 167.88 | 129.13 |
June 2026 | 172.07 | 132.36 |
July 2026 | 168.70 | 129.77 |
August 2026 | 173.92 | 133.78 |
September 2026 | 177.39 | 136.46 |
October 2026 | 182.01 | 140.00 |
November 2026 | 186.56 | 143.50 |
December 2026 | 191.22 | 147.09 |
When | Maximum Price | Minimum Price |
January 2027 | 193.13 | 148.56 |
February 2027 | 198.08 | 152.37 |
March 2027 | 205.81 | 158.32 |
April 2027 | 201.77 | 155.21 |
May 2027 | 195.90 | 150.69 |
June 2027 | 204.71 | 157.47 |
July 2027 | 200.70 | 154.38 |
August 2027 | 206.91 | 159.16 |
September 2027 | 214.15 | 164.73 |
October 2027 | 219.72 | 169.01 |
November 2027 | 225.21 | 173.24 |
December 2027 | 230.84 | 177.57 |
When | Maximum Price | Minimum Price |
January 2028 | 235.46 | 181.12 |
February 2028 | 241.49 | 185.76 |
March 2028 | 250.91 | 193.01 |
April 2028 | 245.99 | 189.22 |
May 2028 | 238.83 | 183.71 |
June 2028 | 249.57 | 191.98 |
July 2028 | 244.68 | 188.22 |
August 2028 | 252.25 | 194.04 |
September 2028 | 261.08 | 200.83 |
October 2028 | 267.86 | 206.05 |
November 2028 | 274.56 | 211.20 |
December 2028 | 281.42 | 216.48 |
When | Maximum Price | Minimum Price |
January 2029 | 287.05 | 220.81 |
February 2029 | 294.41 | 226.47 |
March 2029 | 305.90 | 235.30 |
April 2029 | 299.90 | 230.69 |
May 2029 | 291.16 | 223.97 |
June 2029 | 304.26 | 234.05 |
July 2029 | 298.30 | 229.46 |
August 2029 | 307.52 | 236.56 |
September 2029 | 318.29 | 244.84 |
October 2029 | 326.56 | 251.20 |
November 2029 | 334.73 | 257.48 |
December 2029 | 343.10 | 263.92 |
When | Maximum Price | Minimum Price |
January 2030 | 349.96 | 269.20 |
February 2030 | 358.93 | 276.10 |
March 2030 | 372.93 | 286.87 |
April 2030 | 365.62 | 281.24 |
May 2030 | 354.97 | 273.05 |
June 2030 | 370.94 | 285.34 |
July 2030 | 363.67 | 279.74 |
August 2030 | 374.92 | 288.40 |
September 2030 | 388.04 | 298.49 |
October 2030 | 398.13 | 306.25 |
November 2030 | 408.08 | 313.91 |
December 2030 | 418.28 | 321.75 |
As we move through 2030, National Highways Infra Trust is expected to experience a steady upward trajectory in its prices. January may see a maximum of ₹349.96 and a minimum of ₹269.20, gradually increasing in February to ₹358.93 and ₹276.10. By March, prices could rise further to ₹372.93 and ₹286.87. Mid-year trends suggest April and May could see maximum prices of ₹365.62 and ₹354.97, with minimums of ₹281.24 and ₹273.05, respectively. Entering the latter half, August might bring ₹374.92 and ₹288.40, escalating to ₹388.04 and ₹298.49 by September. By October, prices could climb to ₹398.13 and ₹306.25, reaching their peak in December with a maximum of ₹418.28 and a minimum of ₹321.75.
Financial Condition of National Highways Infra Trust
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 0 | 147 | 698 | 974 | 1,603 |
Expenses + | 1 | 38 | 142 | 212 | 317 |
Operating Profit | -1 | 109 | 556 | 762 | 1,285 |
OPM % | 74% | 80% | 78% | 80% | |
Other Income + | 0 | 3 | 3 | 1 | 40 |
Interest | 0 | 32 | 166 | 280 | 669 |
Depreciation | 0 | 11 | 176 | 248 | 510 |
Profit before tax | -1 | 70 | 217 | 235 | 147 |
Tax % | 0% | 2% | -18% | -25% | |
Net Profit + | -1 | 68 | 257 | 294 | 276 |
EPS in Rs | 1.15 | 3.54 | 2.24 | 2.55 | |
Dividend Payout % | 0% | 0% | 0% | 0% |
The financial performance of National Highways Infra Trust (NHIT) showcases its growth as a prominent entity in infrastructure investment. Over the years, NHIT’s revenues have grown significantly, with sales rising from ₹147 crore in 2022 to ₹974 crore in 2024, and further to ₹1,603 crore in the trailing twelve months (TTM).
Operating profitability remains strong, with Operating Profit Margins (OPM) consistently exceeding 74%, reaching 80% in 2024. Operating profits surged from ₹109 crore in 2022 to ₹762 crore in 2024 and further to ₹1,285 crore in the TTM, reflecting efficient management of costs and robust revenue growth. However, rising expenses, particularly in interest payments (₹669 crore in the TTM) and depreciation (₹510 crore in the TTM), have placed some pressure on profitability.
Despite these challenges, net profit improved from ₹68 crore in 2022 to ₹294 crore in 2024, with a slight decrease to ₹276 crore in the TTM. Earnings Per Share (EPS) was ₹2.55 in 2024. Notably, NHIT has not declared any dividends, signaling a strategy of reinvesting earnings for growth and development.
This financial trajectory underscores National Highways Infra Trust’s robust operational performance and commitment to expanding its role in the infrastructure sector while balancing the costs of its growth initiatives.
FAQS
As of November 19th, 2024, the share price of National Highways Infra Trust is around INR ₹131.
As per our analysis, National Highways Infra Trust in 2025 is expected to trade between ₹106.23 to ₹162.22.
As per our analysis, National Highways Infra Trust share price target for 2030 would be somewhere between ₹269.20 and ₹418.28.
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Conclusion
In conclusion, National Highways Infra Trust (NHIT) is a standout performer in India’s infrastructure sector, showcasing remarkable financial growth and operational efficiency. With consistently strong revenues, high operating profit margins, and strategic initiatives like long-term fundraising through NCDs, NHIT is well-positioned to drive the modernization of India’s transportation networks. Its robust performance underscores a commitment to sustainable growth and economic development, making it a promising and reliable investment avenue for stakeholders.
What did we learn?
- 1 Recent News on National Highways Infra Trust
- 2 How to Purchase National Highways Infra Trust Shares in India?
- 3 National Highways Infra Trust Share Price Target 2024, 2025 to 2030
- 3.1 National Highways Infra Trust Share Price Target 2024
- 3.2 National Highways Infra Trust Share Price Target 2025
- 3.3 National Highways Infra Trust Share Price Prediction 2026
- 3.4 National Highways Infra Trust Share Price Target 2027
- 3.5 National Highways Infra Trust Share Price Target 2028
- 3.6 National Highways Infra Trust Share Price Prediction 2029
- 3.7 National Highways Infra Trust Share Price Target 2030
- 4 Financial Condition of National Highways Infra Trust
- 5 FAQS
- 6 Conclusion