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Anantam Highways TrustNSE: ANANTAMInvIT
InvIT OVERVIEW

Anantam Highways Trust

Hybrid Annuity Model (HAM) Highway Assets • Sponsor: Alpha Alternatives Fund Advisors • ISIN: INE0ATM23011

Provisional IND AAA / Stable
Current NAV / Unit₹115.80Audited Appraised Value
Gross Asset Value (GAV)₹3,250 CrInstitutional Portfolio
Cumulative DPU (Inception)₹7.50 / unit100% Cash Distributed
Portfolio Footprint1,087 Lane-Kms (7 HAM Road Projects)Operating Footprint
LTV (Net Debt / GAV)35.5%Balance Sheet Leverage
AUDITED HISTORICAL METRICS

Performance & Asset Evolution

Multi-year operational and financial trajectory

Highway Network Capacity (Lane-Kms)

Axis (Y): Lane-Kms
High-Quality HAM Concessions: 1,087 lane-kms spanning Gujarat, Andhra Pradesh, Haryana, UP, and Rajasthan.
AUDITED FINANCIAL DISCLOSURES

Comprehensive Historical Metrics Matrix

Year-over-year operational, valuation and cash flow KPIs

1 Reporting Periods
MetricFY26 (Listing)7-Yr Trend / CAGR
Highway Lane-Kilometers (Lane-Kms)1,0871,087 Lane-Kms
Audited NAV per Unit (₹)₹115.80₹115.80 (March 2026)
Annual Distribution per Unit (DPU ₹)₹5.00 (H2 FY26)₹7.50 Cumulative
Annual Operating Revenue (₹ Cr)₹345+13.0%
Gross Asset Value (GAV ₹ Cr)₹3,250+6.1%
Avg Residual Concession Life (Years)14.214.2 Yrs
Major Maintenance (MM) Reserve (₹ Cr)₹45Ring-Fenced
Loan to Value (LTV %)35.5%35.5% LTV
SPONSOR & INSTITUTIONAL GOVERNANCE

Unitholding Pattern

Audited unitholder structure as of June 30, 2026

Sponsor: Alpha Alternatives Fund-Infra Advisors Platform
Sponsor & Promoters25.0%Alpha Alternatives Fund Advisors
Foreign Inst. (FII)34.0%Global PE & Sovereign Funds
Domestic Inst. (DII)26.5%Mutual Funds & Insurers
Public & Retail14.5%HNIs & Retail Investors
Sponsor25%
Category Breakdown
Sponsor & Promoter Group25.0%
Foreign Institutional (FII)34.0%
Domestic Institutional (DII)26.5%
Public & Retail Investors14.5%
PHYSICAL ASSET DIRECTORY

Portfolio Assets Breakdown

Key properties, toll corridors, sub-stations & revenue drivers

7 Core Assets
Asset / Property NameAsset TypeStatusResidual LifeGAV Share
Bhavnagar - Talaja Highway
Gujarat (NH-51)
HAM AnnuityOperational14.5 Yrs Concession18.5%
Una - Kodinar Expressway
Gujarat (NH-51)
HAM AnnuityOperational14.2 Yrs Concession16.2%
Chittoor - Mallavaram Corridor
Andhra Pradesh (NH-140)
HAM AnnuityOperational14.8 Yrs Concession22.5%
Narnaul Bypass Section
Haryana (NH-148B)
HAM AnnuityOperational13.8 Yrs Concession14.0%
Aligarh - Kanpur Section Package IV
Uttar Pradesh (NH-91)
HAM AnnuityOperational14.0 Yrs Concession12.8%
Chittorgarh - Udaipur Section
Rajasthan (NH-76)
HAM AnnuityOperational14.0 Yrs Concession9.5%
Dausa - Lalsot Highway
Rajasthan (NH-11A)
HAM AnnuityOperational13.5 Yrs Concession6.5%