AUDITED HISTORICAL METRICS
Performance & Asset Evolution
Multi-year operational and financial trajectory
National Highway Network (Lane-Kilometers)
Axis (Y): Lane-Kms
Sovereign Toll Monetization: 2,450 lane-kms across high-density freight corridors with 30-year long TOT concession rights from NHAI.
AUDITED FINANCIAL DISCLOSURES
Comprehensive Historical Metrics Matrix
Year-over-year operational, valuation and cash flow KPIs
| Metric | FY26 (Listing) | 7-Yr Trend / CAGR |
|---|---|---|
| Highway Lane-Kilometers (Lane-Kms) | 2,450 | 2,450 Lane-Kms |
| Audited NAV per Unit (₹) | ₹100.72 | ₹100.72 (March 2026) |
| Annual Distribution per Unit (DPU ₹) | ₹2.40 (Maiden Q1 FY27) | ₹2.40 Cumulative |
| Annual Toll Revenue (₹ Cr) | ₹850 | Operational |
| Gross Asset Value (GAV ₹ Cr) | ₹9,807 | ₹9,807 Cr |
| Annual Traffic Growth (% YoY) | 9.1% | +9.1% YoY |
| Avg Residual Concession Life (Years) | 14.8 | 14.8 Yrs |
| Major Maintenance (MM) Reserve (₹ Cr) | ₹220 | Ring-Fenced |
| Loan to Value (LTV %) | 38.4% | 38.4% LTV |
SPONSOR & INSTITUTIONAL GOVERNANCE
Unitholding Pattern
Audited unitholder structure as of June 30, 2026
Sponsor: National Highways Authority of India (NHAI / Govt of India)
Sponsor & Promoters15.0%National Highways Authority of India (NHAI)
Foreign Inst. (FII)26.0%Global PE & Sovereign Funds
Domestic Inst. (DII)46.5%Mutual Funds & Insurers
Public & Retail12.5%HNIs & Retail Investors
Sponsor15%
Category Breakdown
Sponsor & Promoter Group15.0%
Foreign Institutional (FII)26.0%
Domestic Institutional (DII)46.5%
Public & Retail Investors12.5%
PHYSICAL ASSET DIRECTORY
Portfolio Assets Breakdown
Key properties, toll corridors, sub-stations & revenue drivers
| Asset / Property Name | Asset Type | Status | Residual Life | GAV Share |
|---|---|---|---|---|
Borkhedi - Wadner Tollway (NH-44) Maharashtra | TOT Concession (30 Yrs) | Operational | 24.5 Yrs Concession | 18.5% |
Wadner - Deodhari Tollway (NH-44) Maharashtra | TOT Concession (30 Yrs) | Operational | 24.5 Yrs Concession | 15.2% |
Deodhari - Kelapur Tollway (NH-44) Maharashtra | TOT Concession (30 Yrs) | Operational | 24.5 Yrs Concession | 16.8% |
Hubli - Haveri Highway (NH-48) Karnataka | TOT Concession (30 Yrs) | Operational | 23.5 Yrs Concession | 19.5% |
Agra - Gwalior Expressway (NH-44) UP & Madhya Pradesh | TOT Concession (30 Yrs) | Operational | 24.0 Yrs Concession | 14.5% |
Shivpuri - Jhansi Highway (NH-27) Madhya Pradesh & UP | TOT Concession (30 Yrs) | Operational | 23.5 Yrs Concession | 10.5% |
Palanpur - Abu Road Highway (NH-27) Gujarat & Rajasthan | TOT Concession (30 Yrs) | Operational | 24.0 Yrs Concession | 5.0% |