ALFA Finder
| Distribution | ₹2.30/UnitQ2 FY27 |
|---|---|
| Market Cap | ₹2,559 CrRealty Sector |
| RSI | 75.89Overbought Zone |
| Sector PE | 39.48TTM Basis |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 255 | 259 | 179 |
| Other Income | 9.3 | 18.1 | 8.3 |
| Total Income | 342 | 295 | 187 |
| Profit Before Tax | 173 | 128 | 89.8 |
| Net Profit | 150 | 126 | 78.4 |
| Operating Margin | 50.4% | 43.5% | 48.0% |
| Net Profit QoQ | +19.0% | ||
| Net Profit YoY | +90.7% | ||
| Adj. Profit QoQ | +48.1% | ||
| Adj. Profit YoY | +100.5% | ||
Key highlights
- Net profit reached ₹150 crore, a 90.7% increase from ₹78.4 crore in the year-ago period
- Consolidated revenue from operations grew 42.5% year-on-year to ₹255 crore
- Operating margins expanded to 50.4% compared to 48.0% in Q2 FY26
- Declared a distribution of ₹2.30 per unit, comprising interest, dividend, and capital repayment
- Raised an indemnity claim of ₹26.83 crore from Gawar Construction Limited for GST-related shortfalls
Operational Growth and Margin Performance
Capital Infra Trust reported consolidated revenue from operations of ₹255 crore for the quarter ended September 30, 2026, marking a significant increase from ₹179 crore in the same period last year. The profit before tax followed a similar trajectory, rising to ₹173 crore from ₹89.8 crore year-on-year. This operational scalability was reflected in the operating margin, which improved to 50.4%.
The Trust's statutory auditors, Walker Chandiok & Co LLP, provided an unmodified review report on these financial results, which cover the Trust and its twelve subsidiaries across various highway projects in India.
Details of the Q2 Unitholder Distribution
- Declared a total distribution of ₹2.30 per unit for the second quarter of FY 2026-27
- The payout includes an interest component of ₹1.20 per unit
- Dividend distribution is set at ₹0.70 per unit for eligible unitholders
- Capital repayment constitutes ₹0.40 per unit of the total distribution
- The record date for the distribution is fixed as November 18, 2026
- Payment to eligible unitholders will be completed on or before November 25, 2026
Strategic Indemnity Claims and Asset Pipeline
The Board approved raising an indemnity claim of ₹26.83 crore from the sponsor, Gawar Construction Limited, specifically for JRR Highways Private Limited. This claim addresses shortfalls in GST on annuity payments as per the existing Share Purchase Agreement. This development follows the Trust's August 17, 2026, approval to acquire six sponsor NHAI HAM highway assets with an enterprise value of ₹2,921.40 crore.
These strategic moves, combined with the successful management of existing project SPVs, indicate a continued focus on portfolio expansion and the protection of distributable cash flows against regulatory changes.
| Date | Announcement | Amount |
|---|---|---|
| 21 Jul 2026 | Q1 FY27 Financial Results (Consolidated Total Income) & FY27 Distribution GuidanceSource: BSE filing | ₹294.95 Cr |
| 19 May 2026 | Q4 FY26 Financial Results (Consolidated Revenue) & FY27 Distribution GuidanceSource: marketsmojo.com | ₹282.93 Cr |
| 05 Feb 2026 | Q3 FY26 Financial Results (Consolidated Total Income)Source: NSE filing | ₹181.87 Cr |
| 14 Nov 2025 | Q2 FY26 Financial Results (Consolidated Revenue from Operations)Source: etnownews.com | ₹178.78 Cr |
| 06 Aug 2025 | Q1 FY26 Financial Results (Consolidated Revenue from Operations)Source: scanx.trade | ₹188.70 Cr |
| 28 May 2025 | Q4 FY25 Financial Results (Consolidated Revenue from Operations)Source: torusdigital.com | ₹404.11 Cr |
What to watch next
- Earnings conference call scheduled for November 16, 2026
- Record date for Q2 distribution on November 18, 2026
- Deadline for distribution payment on November 25, 2026
- Updates on the acquisition of six sponsor NHAI HAM highway assets
| Share price | ₹80.31 |
|---|---|
| Market capitalisation | ₹2,559.17 Cr |
| Revenue (annual) | ₹159.06 Cr |
| Net profit (annual) | -₹37.31 Cr |
| Revenue (latest quarter) | ₹177.72 Cr-0.59% vs previous quarter |
| Net profit (latest quarter) | ₹10.76 Cr-86.28% vs previous quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Capital Infra Trust announcing the outcome of the Board meeting held on November 13, 2026. Market figures from a third-party data provider.
