AUDITED HISTORICAL METRICS
Performance & Asset Evolution
Multi-year operational and financial trajectory
Highway Network Capacity (Lane-Kilometers)
Axis (Y): Lane-Kms
Prime National Arteries: 4,445 lane-kms across Maharashtra, Gujarat, Rajasthan, Karnataka, Tamil Nadu, and Punjab.
AUDITED FINANCIAL DISCLOSURES
Comprehensive Historical Metrics Matrix
Year-over-year operational, valuation and cash flow KPIs
| Metric | FY23 | FY24 | FY25 | FY26 | 7-Yr Trend / CAGR |
|---|---|---|---|---|---|
| Highway Lane-Kilometers (Lane-Kms) | 3,650 | 4,048 | 4,445 | 4,445 | +21.8% |
| Audited NAV per Unit (₹) | ₹72.50 | ₹75.20 | ₹78.50 | ₹81.26 | +12.1% |
| Annual Distribution per Unit (DPU ₹) | ₹8.50 | ₹8.00 | ₹7.20 | ₹6.60 | ₹80.10 Cumulative |
| Annual Toll Collections (₹ Cr) | ₹1,150 | ₹1,320 | ₹1,540 | ₹1,680 | +46.1% |
| Gross Asset Value (GAV ₹ Cr) | ₹13,500 | ₹14,800 | ₹16,200 | ₹18,254 | +35.2% |
| Annual Traffic Growth (% YoY) | 6.8% | 7.5% | 8.2% | 8.8% | +8.8% YoY |
| Avg Residual Concession Life (Years) | 18.5 | 19.2 | 20.0 | 21.0 | 21.0 Yrs |
| Major Maintenance (MM) Reserve (₹ Cr) | ₹210 | ₹260 | ₹310 | ₹350 | Ring-Fenced |
| Loan to Value (LTV %) | 42.0% | 43.5% | 44.0% | 44.0% | 44.0% LTV |
SPONSOR & INSTITUTIONAL GOVERNANCE
Unitholding Pattern
Audited unitholder structure as of June 30, 2026
Sponsor: IRB Infrastructure Developers Limited
Sponsor & Promoters19.8%IRB Infrastructure Developers Limited
Foreign Inst. (FII)39.6%Global PE & Sovereign Funds
Domestic Inst. (DII)21.2%Mutual Funds & Insurers
Public & Retail19.4%HNIs & Retail Investors
Sponsor20%
Category Breakdown
Sponsor & Promoter Group19.8%
Foreign Institutional (FII)39.6%
Domestic Institutional (DII)21.2%
Public & Retail Investors19.4%
PHYSICAL ASSET DIRECTORY
Portfolio Assets Breakdown
Key properties, toll corridors, sub-stations & revenue drivers
| Asset / Property Name | Asset Type | Status | Residual Life | GAV Share |
|---|---|---|---|---|
Surat - Dahisar Highway (NH-8 / NH-48) Gujarat & Maharashtra | BOT Toll Road (6-Lane) | Operational | 16.5 Yrs Concession | 26.5% |
Tumkur - Chitradurga Highway (NH-4 / NH-48) Karnataka | BOT Toll Road (6-Lane) | Operational | 17.0 Yrs Concession | 16.2% |
Bharuch - Surat Highway (NH-8 / NH-48) Gujarat | BOT Toll Road (6-Lane) | Operational | 15.5 Yrs Concession | 12.8% |
Jaipur - Deoli Highway (NH-12 / NH-52) Rajasthan | BOT Toll Road (4-Lane) | Operational | 15.0 Yrs Concession | 11.5% |
Omalur - Salem - Namakkal Highway (NH-7 / NH-44) Tamil Nadu | BOT Toll Road (4-Lane) | Operational | 14.5 Yrs Concession | 8.8% |
Talegaon - Amravati Highway (NH-6 / NH-53) Maharashtra | BOT Toll Road (4-Lane) | Operational | 15.0 Yrs Concession | 7.2% |
Pathankot - Amritsar Highway (NH-15 / NH-54) Punjab | BOT Toll Road (4-Lane) | Operational | 15.5 Yrs Concession | 8.5% |
Amritsar - Pathankot Section Punjab | BOT Toll Road | Operational | 14.5 Yrs Concession | 4.5% |
Shamlaji - Kalyan Tollway (SYTL) Gujarat | BOT Toll Road | Operational | 15.0 Yrs Concession | 4.2% |
Chittorgarh - Gulabpura Tollway (CGTL) Rajasthan | BOT Toll Road | Operational | 14.0 Yrs Concession | 3.8% |