Anantam Highways Trust · NSE:ANANTAM
Anantam Highways Trust — Q4 FY2026 Earnings Presentation
21 slides from Anantam Highways Trust's earnings presentation, May 20, 2026
Slide 1: Intimation of Investor Presentation to stock exchanges
Date: May 20, 2026 To, National Stock Exchange of India Limited BSE Limited Listing Compliance Department Exchange Corporate Relationship Department Plaza, C-1, Block-G Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Bandra (E), Mumbai-40005 Street, Fort, Mumbai-400001 Symbol: ANANTAM BSE Scr
Slide 2: Investor Presentation FY 26-Q4
Investor Presentation FY 26-Q4 1
Slide 3: Disclaimer
Disclaimer • By reading this presentation (the “Presentation”), you agree to be bound by the following limitations: This Presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular person, and should not be disclosed, reproduce
Slide 4: Disclaimer
Disclaimer • None of the Trust or the Sponsor / Sponsor Group Entities or the Investment Manager or the Axis Trusteeship Services Limited or any of their respective affiliates, advisers or representatives accept any liability whatsoever for any loss howsoever arising from any information presented o
Slide 5: Core Strategic Pillars
Core Strategic Pillars A high-quality, low-risk HAM portfolio with ~12.83 years of residual concession life, delivering 1 predictable government-backed cash flows with no traffic risk. A differentiated platform combining Alpha Alternatives’ strategic investment 2 management leadership and Dilip Buil
Slide 6: Financial Highlights
Financial Highlights Distribution Debt Profile and Unit Holding Pattern Acquisition of Assets & Assets Portfolio Overview of AHT Trust Board and KMPs 5
Slide 7: Q4FY26 Highlights
Q4FY26 Highlights Particulars Consolidated Standalone Q.E. 31.03.2026 Q.E. 31.12.2025 Q.E. 31.03.2025 Q.E. 31.03.2026 Q.E. 31.12.2025 Q.E. 31.03.2025 Total Revenue 2,245 1,237.62 - 1,183.60 840.29 - Total Expense 219.07 182.15 0.50 29.98 24.70 0.50 EBITDA 2,025.93 1,055.47 (0.50) 1,153.62 815.59 (0.
Slide 8: Distribution
Financial Highlights Distribution Debt Profile and Unit Holding Pattern Acquisition of Assets & Assets Portfolio Overview of AHT Trust Board and KMPs 7
Slide 9: NDCF Q4 FY 2026
NDCF Q4 FY 2026 ₹ in Million DPU: Rs. 2.500/- per unit; - Interest: Rs. 0.4141/- Per unit Increase Decrease Total - Dividend Rs. 2.0828/- Per unit 2500 - Other income: Rs 0.0031/- Per unit 646 2000 1837 29 -192 1500 -122 1000 544 544 500 -1654 0 Operating activities Treasury Income DSRA Reserves Uti
Slide 10: Debt Profile and Unit Holding Pattern
Financial Highlights Distribution Debt Profile and Unit Holding Pattern Acquisition of Assets & Assets Portfolio Overview of AHT Trust Board and KMPs 9
Slide 11: Debt profile
Debt profile Debt outstanding: Rs 21,047.86 Net Debt / AUM : 42.44% Credit Rating: AAA / Stable million Cost of Debt: 7.5% pa As on 31 Mar 2026 By India Ratings & ICRA Limited As on 31 Mar 2026 Repaid Operating cash flows are sufficient to fully cover loan repayments, materially Outstanding Outstand
Slide 12: Unitholding Pattern as on 31st Mar 2026
Unitholding Pattern as on 31st Mar 2026 Investor Count % Holding Retail Public, 3% Corporates Foreign Investors 1% 1% Sponsor Group, 38% Corporates, 53% Institution Public (Insurance company, 98% MF, AIF and NBFC), 6% Category Client Count % Holding Retail Public 4,603 3% Corporates 52 53% FPI and N
Slide 13: Acquisition of Assets & Assets Portfolio
Financial Highlights Distribution Debt Profile and Unit Holding Pattern Acquisition of Assets & Assets Portfolio Overview of AHT Trust Board and KMPs 12
Slide 14: Acquisition of ROFO Assets
Acquisition of ROFO Assets Anantam Highways Trust ( AHT) had initially acquired seven hybrid annuity projects as a part of formation transaction. AHT has Right of First Offer (ROFO) over road assets of Dilip Buildcon Limited (DBL) and Alpha group entities for 5 years from date of listing Pursu
Slide 15: Project Locations
Project Locations Existing Assets Assets proposed to be acquired NPHL: 49 kms KEPL: 30.6 kms MHHL: 51 kms Sr No. Name of Project State/UT DPEPL: 41 kms 1 BMHL 2 MBHL Karnataka 3 DHHPL 4 BEPL DBHL: 50.5 kms 5 NPHL Bihar RVHL: 56.7 kms 6 RHL Telangana Tamil Nadu & BEPL: 17.5 kms RHL: 52.6 kms 7 VHL Pu
Slide 16: Overview of AHT Trust
Financial Highlights Distribution Debt Profile and Unit Holding Pattern Acquisition of Assets & Assets Portfolio Overview of AHT Trust Board and KMPs 15
Slide 17: AHT InvIT Structure
AHT InvIT Structure Sets up InvIT Appoints Trustee Unitholders Sponsor Pool Money to fund InvIT Assets (Financial Institutions, (Alpha Alternatives Fund Advisors LLP) Corporates, Individuals, others, both domestic and Dividend, Interest, foreign) 100% Capital Gain 100% Investment Decisions Investmen
Slide 18: Overview: Anantam Highways Trust
Overview : Anantam Highways Trust ₹ in Million Listing • Successfully Listed on 16th October 2025 at NSE & BSE • Institututional Investor subscription for the issue was 2.4x Investor • Non- Institutional Investor subscription for the issue was 8.2x Response • Anchor Investor subscription for the iss
Slide 19: Board and KMPs
Financial Highlights Distribution Debt Profile and Unit Holding Pattern Acquisition of Assets & Assets Portfolio Overview of AHT Trust Board and KMPs 18
Slide 20: Directors of the Investment Manager
Directors of the Investment Manager Board of Directors Naresh Kothari | Director Jignesh Shah | Director Abhishek Dalmia | Director • Set-up Alpha Alternatives Fund Advisors LLP, a multi-asset • 25+ years of experience in leadership roles, fund • Director on the boards of Revathi Equipment India cla
Slide 21: Thank You
Thank You 20
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