National Highways Infra Trust Units · NSE:NHIT
National Highways Infra Trust Units — Q3 FY2026 Earnings Presentation
19 slides from National Highways Infra Trust Units's earnings presentation, Feb 17, 2026
Slide 1: Stock exchange filing cover letter for investor presentation
Date: 17.02.2026 Corporate Relations Department The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai-400001 Mumbai-400051 Ref.: Scrip Code: 543385; Scrip ID/Symbo
Slide 2: National Highways Infra Trust Investor Presentation Q3 FY2026
Hubbali- Haveri- Chitradurga Khawasa Toll Plaza Lakhnadon- Khawasa Krishna Bridge KK BK Corridor Tungabhadra Bridge - KK NATIONAL HIGHWAYS INFRA TRUST INVESTOR PRESENTATION Q3 FY2026 1
Slide 3: NHIT: Quick Facts
NHIT: QUICK FACTS Nov 2021 INR 50,029 Cr. 2,345 km Initial Listing of NHIT Enterprise Value* Acquired in four rounds INR 29.63 / unit 8.05% Annualized Distribution Yield# ~16.45% p.a^ # Total distribution Quarterly distributions CAGR (NAV + since listing to maximize investor Distribution) returns AA
Slide 4: Continuous Demonstration of Growth and Value
CONTINUOUS DEMONSTRATION OF GROWTH AND VALUE Jan 2025 • Successful Listing of Zero-Coupon Bonds ~ INR 1,000 crore. Oct 2022 • Monetization of R2 Feb 2026 assets & fund raise of ~INR 3,800 Jun 2025 • Round 5 cr fundraise • NHAI offered expected in Nov 2021 bundle 5 for March 2026 • Monetization of •
Slide 5: NHIT Structure
NHIT STRUCTURE SPONSOR INVESTORS ~89% ~11%* unitholding unitholding NHIIMPL 100% owned by GoI Investment Manager manages 100% overall affairs SPVs Holding assets (through 20–30-year concessions) NHIPMPL 100% owned by NHAI NWPPL NEPPL NSPPL 1. NHIIMPL - National Highways Infra Investment Managers Pri
Slide 6: Experienced Board with Diversified Backgrounds
EXPERIENCED BOARD WITH DIVERSIFIED BACKGROUNDS BOARD MEMBERS Mr. N R V V M K Rajendra Kumar Ms. Usha Rao-Monari NHAI Nominee Director Independent Director Member (Finance) of NHAI; Ex- RBI professional Former Under Secretary General, United Nations Associate Administrator, UNDP Mr. Debapratim Hajara
Slide 7: Business Update
BUSINESS UPDATE Kochugaon - Kaljhar
Slide 8: Geographically Diversified Existing Portfolio: 2,345 kms under 26 Projects
GEOGRAPHICALLY DIVERSIFIED EXISTING PORTFOLIO: 2,345 KMS UNDER 26 PROJECTS ROAD PORTFOLIO PREDOMINANTLY IN HIGH GROWTH STATES NHIT PORTFOLIO FY25 REVENUE CONTRIBUTION OB: 63 km AB: 33 km Assam, 5% Andhra Gujarat, 5% MH: 79 km Pradesh, 19% CK : 161 km SJ: 75 km Assam Pkg: 114 km Karnataka, Delhi Chat
Slide 9: NWPPL: Traffic & Revenue Performance
NWPPL: TRAFFIC & REVENUE PERFORMANCE Traffic Performance (In PCU) Revenue Performance (In Rs. cr) (3%) 2% 9% 4% 8% 11% 7% 7% (1%) 5% 13% 5% 12% 14% 9% 12% 46,578 42,856 50,000 40,635 39,658 70 37,553 60 36,484 60 35,673 34,062 33,399 60 32,596 54 40,000 53 50 24,656 22,271 30,000 40 18,721 33 17,555
Slide 10: NEPPL: Traffic & Revenue Performance
NEPPL: TRAFFIC & REVENUE PERFORMANCE Traffic Performance (In PCU) Revenue Performance (In Rs. cr) 14% 9% 13% 5% 8% 17% 25% 11% 13% 8% 14% 16% 40,000 30,559 29,793 29,464 29,150 112 28,269 27,450 27,177 120 101 25,047 30,000 22,394 100 90 89 20,930 19,138 18,425 80 67 20,000 60 52 60 45 31 40 29 25 1
Slide 11: NSPPL: Traffic & Revenue Performance
NSPPL: TRAFFIC & REVENUE PERFORMANCE Traffic Performance (In PCU) Revenue Performance (In Rs. cr) 8% 36% 8% 9% 17% 15% 9% 9% 10% 11% 11% 21% 15% 10% 50,000 39,881 80 34,794 32,983 68 31,416 66 40,000 30,483 29,616 70 63 29,331 63 62 27,772 60 27,427 27,285 58 25,833 25,379 25,249 54 60 53 23,822 49
Slide 12: Strong Financial Performance
STRONG FINANCIAL PERFORMANCE Financial Performance (Consolidated) Rs in Cr FY 25 (Q3) FY 26 (Q3) Revenue from Operations – R1 & R2 Assets (SPV 1 NWPPL) 254 280 Revenue from Operations – R3 Assets (SPV 2 NEPPL) 333 388 Revenue from Operations – R4 Assets (SPV3 NSPPL) 0 436 Total Revenue from Operatio
Slide 13: Consistent Performance: NAV & Distributions
CONSISTENT PERFORMANCE NAV & DISTRIBUTIONS NAV (INR / Unit) 145.8 R4 137.3 R3 133.9 131.1 131.9 126.4 124.8 122.9 R2 119.5 116.5 113.5 R1 109.3 106.7 101.0 Nov-21 Mar-22 Oct-22 Dec-22 Mar-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Feb-25 Mar-25 Jun-25 Dec-25 Distributed INR FY 2022 FY 2023 FY 2024 FY 202
Slide 14: Environment, Health, Safety & Sustainability
ENVIRONMENT, HEALTH, SAFETY & SUSTAINABILITY 13 Kochugaon - Kaljhar
Slide 15: EHS Performance Q3 FY26
EHS PERFORMANCE – | Q3 FY26 LEADING INDICATORS LAGGING INDICATORS Total Man Hours Worked – 41,83,536 Fatality - 2 Total Safe Man Hours Worked – 41,55,416 LTI (Lost time injury) - 1 Number of Toolbox Talk Conducted (Physical) – 14,258 Accident Frequency Rate – 0.71 Safety Review Meetings - 55 Number
Slide 16: ESG Highlights Q3 FY26
ESG HIGHLIGHTS – | Q3 FY26 Environment Highlights 7% total women 15.4 % attrition rate Total 367 female staff Social strength in IM and SPVs (IM and SPVs) (LA, TC, Cashier and Housekeeping) at 32 Toll Kochugaon - Kaljhar Highlights Plazas across (NWPPL, NEPPL and NSPPL) 18 Projects. Energy GHG Emiss
Slide 17: Glossary
GLOSSARY AB Agra Bypass MORTH Ministry of Road Transport and Highways AP Abu Road - Palanpur NH National Highway AS Abu Road - Swaroopganj NHAI National Highway Authority of India ASP Assam Package (Dahalpara + Patgaon) NHIT National Highways Infra Trust BK Belgaum-Kagal O&M Operation and Maintenanc
Slide 18: Disclaimer
DISCLAIMER This presentation is prepared and issued by National Highways Infra Investment Managers Private Limited (the “Investment Manager”) on behalf of and in its capacity as the investment manager of National Highways Infra Trust (“NHIT”) for general information purposes only without regards to
Slide 19: Thank You
THANK YOU National Highways Infra Trust
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