# Infra/Real Estate Investment Trust — company-by-company sector analysis

> Infra/Real Estate Investment Trust: Vertis Infrastructure Trust owns the largest revenue base; Maple Infrastructure Trust has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-07-29. Not investment advice.

## Bottom line

The 52-week sector comparison is unavailable. 1 of 2 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Vertis Infrastructure Trust leads with income of ₹3,903 crore, based on 8 of 9 comparable companies through Mar 2026. Maple Infrastructure Trust has the fastest current income growth at 93.1%, across 4 of 9 comparable companies.

### Is the Infra/Real Estate Investment Trust sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 1 of 2 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

### Which Infra/Real Estate Investment Trust company is largest by income?

Vertis Infrastructure Trust leads with income of ₹3,903 crore, based on 8 of 9 comparable companies through Mar 2026.

### Which Infra/Real Estate Investment Trust company is growing fastest?

Maple Infrastructure Trust has the fastest current income growth at 93.1%, across 4 of 9 comparable companies.

### Which Infra/Real Estate Investment Trust company has the strongest 4-Factor Sector Score?

Indus Infra Trust ranks first at 47.3/100 with 66.9% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Infra/Real Estate Investment Trust company has the lowest comparable P/BV-to-ROE?

Anantam Highways Trust has the lowest comparable P/BV ÷ ROE at 0.06, among 7 of 9 companies that pass the metric’s comparability rules.

### How much history does this Infra/Real Estate Investment Trust comparison include?

The page compares up to 19 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

## Sector relative strength

The 52-week comparison of Infra/Real Estate Investment Trust against NIFTY 500 is not available from the current market series. 1 of 2 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Indus Infra Trust is the strongest against the sector itself at +2.1%.

13-week sector return versus NIFTY 500: —
52-week sector return versus NIFTY 500: —
Stocks leading NIFTY: 1/2
Stocks leading sector: 1/2

Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Companies: 9
Combined market value: ₹99.2K Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. Indus Infra Trust (INDUSINVIT): 47/100 — Mixed-negative evidence; evidence 67%
   - Growth & earnings 9.6/35 | Capital efficiency 17.1/25 | Valuation 8.4/20 | Relative strength 12.2/20
   - Exact sum: 9.6 + 17.1 + 8.4 + 12.2 = 47.3
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Anantam Highways Trust (ANANTAM): 67/100 — Thin evidence · provisional; evidence 38%
   - Growth & earnings 20.8/35 | Capital efficiency 19.1/25 | Valuation 16.7/20 | Relative strength 10.0/20
   - Exact sum: 20.8 + 19.1 + 16.7 + 10 = 66.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3. Vertis Infrastructure Trust (VERTIS): 55/100 — Thin evidence · provisional; evidence 38%
   - Growth & earnings 24.0/35 | Capital efficiency 14.3/25 | Valuation 6.4/20 | Relative strength 10.0/20
   - Exact sum: 24 + 14.3 + 6.4 + 10 = 54.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4. Maple Infrastructure Trust (543925): 49/100 — Thin evidence · provisional; evidence 17%
   - Growth & earnings 20.8/35 | Capital efficiency 8.8/25 | Valuation 9.3/20 | Relative strength 10.0/20
   - Exact sum: 20.8 + 8.8 + 9.3 + 10 = 48.9
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5. Nxt-Infra Trust (NXT-INFRA): 46/100 — Thin evidence · provisional; evidence 23%
   - Growth & earnings 17.5/35 | Capital efficiency 11.8/25 | Valuation 6.2/20 | Relative strength 10.0/20
   - Exact sum: 17.5 + 11.8 + 6.2 + 10 = 45.5
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6. Roadstar Infra Investment Trust (ROADSTAR): 45/100 — Thin evidence · provisional; evidence 26%
   - Growth & earnings 16.2/35 | Capital efficiency 8.6/25 | Valuation 9.8/20 | Relative strength 10.0/20
   - Exact sum: 16.2 + 8.6 + 9.8 + 10 = 44.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7. TVS Infrastructure Trust (TVSINVIT): 44/100 — Thin evidence · provisional; evidence 23%
   - Growth & earnings 17.5/35 | Capital efficiency 11.8/25 | Valuation 4.4/20 | Relative strength 10.0/20
   - Exact sum: 17.5 + 11.8 + 4.4 + 10 = 43.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8. Knowledge Realty Trust (KRT): 41/100 — Thin evidence · provisional; evidence 38%
   - Growth & earnings 20.1/35 | Capital efficiency 6.7/25 | Valuation 3.8/20 | Relative strength 10.0/20
   - Exact sum: 20.1 + 6.7 + 3.8 + 10 = 40.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9. Capital Infra Trust (CAPINVIT): 39/100 — Thin evidence · provisional; evidence 45%
   - Growth & earnings 17.5/35 | Capital efficiency 7.6/25 | Valuation 8.6/20 | Relative strength 4.8/20
   - Exact sum: 17.5 + 7.6 + 8.6 + 4.8 = 38.5
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

## Income Scale & Growth Durability

What the numbers say: Vertis Infrastructure Trust is the scale leader at ₹3,903 crore, 14.9% ahead of Knowledge Realty Trust. Maple Infrastructure Trust's growth is 93.1% from a ₹1,614 crore base, with 8 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Vertis Infrastructure Trust is the scale benchmark; Maple Infrastructure Trust is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Vertis Infrastructure Trust's growth falls below Maple Infrastructure Trust's for two consecutive comparable reports while operating margin also compresses.

Evidence: Vertis Infrastructure Trust · ₹3,903 crore | 14.9% versus #2 · Knowledge Realty Trust | 7/8 recent comparable periods | 8/9 companies · 69 observations

Definition: For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.

### Income — largest
1. Vertis Infrastructure Trust (VERTIS): ₹3.9K Cr
2. Knowledge Realty Trust (KRT): ₹3.4K Cr
3. Maple Infrastructure Trust (543925): ₹1.6K Cr
4. Roadstar Infra Investment Trust (ROADSTAR): ₹1.2K Cr
5. Capital Infra Trust (CAPINVIT): ₹899 Cr

### Income growth — fastest growers
1. Maple Infrastructure Trust (543925): 93%
2. Vertis Infrastructure Trust (VERTIS): 74%
3. Roadstar Infra Investment Trust (ROADSTAR): 24%
4. Indus Infra Trust (INDUSINVIT): -9.1%

### 19-quarter Income history
- 543925: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹199 Cr | Sep 2024 ₹197 Cr | Dec 2024 ₹212 Cr | Mar 2025 ₹228 Cr | Jun 2025 ₹242 Cr | Sep 2025 ₹218 Cr | Dec 2025 ₹468 Cr | Mar 2026 ₹686 Cr | Jun 2026 —
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹992 Cr | Sep 2024 ₹992 Cr | Dec 2024 — | Mar 2025 — | Jun 2025 ₹351 Cr | Sep 2025 ₹671 Cr | Dec 2025 ₹1.2K Cr | Mar 2026 ₹1.2K Cr | Jun 2026 —
- VERTIS: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 ₹165 Cr | Mar 2023 ₹165 Cr | Jun 2023 ₹235 Cr | Sep 2023 ₹170 Cr | Dec 2023 ₹294 Cr | Mar 2024 ₹1.3K Cr | Jun 2024 ₹524 Cr | Sep 2024 ₹512 Cr | Dec 2024 ₹501 Cr | Mar 2025 ₹701 Cr | Jun 2025 ₹830 Cr | Sep 2025 ₹1.0K Cr | Dec 2025 ₹1.0K Cr | Mar 2026 ₹1.1K Cr | Jun 2026 —
- INDUSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 ₹0 Cr | Sep 2023 ₹0 Cr | Dec 2023 ₹0 Cr | Mar 2024 ₹121 Cr | Jun 2024 ₹127 Cr | Sep 2024 ₹156 Cr | Dec 2024 ₹210 Cr | Mar 2025 ₹251 Cr | Jun 2025 ₹186 Cr | Sep 2025 ₹123 Cr | Dec 2025 ₹179 Cr | Mar 2026 ₹188 Cr | Jun 2026 —
- ROADSTAR: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹182 Cr | Sep 2024 ₹165 Cr | Dec 2024 ₹265 Cr | Mar 2025 ₹318 Cr | Jun 2025 ₹303 Cr | Sep 2025 ₹280 Cr | Dec 2025 ₹287 Cr | Mar 2026 ₹287 Cr | Jun 2026 —
- NXT-INFRA: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 ₹82 Cr | Dec 2024 ₹87 Cr | Mar 2025 ₹120 Cr | Jun 2025 ₹81 Cr | Sep 2025 ₹76 Cr | Dec 2025 ₹76 Cr | Mar 2026 ₹87 Cr | Jun 2026 —
- CAPINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹159 Cr | Jun 2025 ₹189 Cr | Sep 2025 ₹179 Cr | Dec 2025 ₹178 Cr | Mar 2026 ₹283 Cr | Jun 2026 ₹259 Cr
- ANANTAM: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹0 Cr | Jun 2025 ₹202 Cr | Sep 2025 ₹0 Cr | Dec 2025 ₹104 Cr | Mar 2026 ₹223 Cr | Jun 2026 —
- TVSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 ₹57 Cr | Dec 2025 ₹61 Cr | Mar 2026 ₹56 Cr | Jun 2026 —

### 19-quarter Income growth history
- 543925: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 22% | Sep 2025 11% | Dec 2025 121% | Mar 2026 201% | Jun 2026 —
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 -65% | Sep 2025 -32% | Dec 2025 — | Mar 2026 — | Jun 2026 —
- VERTIS: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 78% | Mar 2024 689% | Jun 2024 123% | Sep 2024 201% | Dec 2024 70% | Mar 2025 -46% | Jun 2025 58% | Sep 2025 96% | Dec 2025 103% | Mar 2026 51% | Jun 2026 —
- INDUSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 107% | Jun 2025 46% | Sep 2025 -21% | Dec 2025 -15% | Mar 2026 -25% | Jun 2026 —
- ROADSTAR: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 66% | Sep 2025 70% | Dec 2025 8.3% | Mar 2026 -9.8% | Jun 2026 —
- NXT-INFRA: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 -6.9% | Dec 2025 -13% | Mar 2026 -27% | Jun 2026 —
- CAPINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 78% | Jun 2026 37%

## Profit Scale & Acceleration

What the numbers say: Vertis Infrastructure Trust leads with ₹659 crore of TTM profit, 60.7% above Capital Infra Trust. Vertis Infrastructure Trust shows 21.1% growth from a ₹659 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Vertis Infrastructure Trust sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: Vertis Infrastructure Trust · ₹659 crore | 60.7% versus #2 · Capital Infra Trust | 6/8 recent comparable periods | 8/9 companies · 71 observations

Definition: Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.

### Net profit — largest
1. Vertis Infrastructure Trust (VERTIS): ₹659 Cr
2. Capital Infra Trust (CAPINVIT): ₹410 Cr
3. Knowledge Realty Trust (KRT): ₹407 Cr
4. Indus Infra Trust (INDUSINVIT): ₹382 Cr
5. Anantam Highways Trust (ANANTAM): ₹265 Cr

### Profit growth — fastest growers
1. Vertis Infrastructure Trust (VERTIS): 21%
2. Indus Infra Trust (INDUSINVIT): -21%
3. Roadstar Infra Investment Trust (ROADSTAR): -80%

### 19-quarter Net profit history
- 543925: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹-45 Cr | Sep 2024 ₹-38 Cr | Dec 2024 ₹-14 Cr | Mar 2025 ₹-24 Cr | Jun 2025 ₹-15 Cr | Sep 2025 ₹-19 Cr | Dec 2025 ₹-46 Cr | Mar 2026 ₹-38 Cr | Jun 2026 —
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹-20 Cr | Sep 2024 ₹-20 Cr | Dec 2024 ₹0 Cr | Mar 2025 ₹-2 Cr | Jun 2025 ₹31 Cr | Sep 2025 ₹63 Cr | Dec 2025 ₹206 Cr | Mar 2026 ₹107 Cr | Jun 2026 —
- VERTIS: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 ₹49 Cr | Mar 2023 ₹21 Cr | Jun 2023 ₹58 Cr | Sep 2023 ₹44 Cr | Dec 2023 ₹41 Cr | Mar 2024 ₹-303 Cr | Jun 2024 ₹99 Cr | Sep 2024 ₹155 Cr | Dec 2024 ₹117 Cr | Mar 2025 ₹173 Cr | Jun 2025 ₹130 Cr | Sep 2025 ₹188 Cr | Dec 2025 ₹111 Cr | Mar 2026 ₹230 Cr | Jun 2026 —
- INDUSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 ₹0 Cr | Sep 2023 ₹0 Cr | Dec 2023 ₹0 Cr | Mar 2024 ₹15 Cr | Jun 2024 ₹111 Cr | Sep 2024 ₹104 Cr | Dec 2024 ₹119 Cr | Mar 2025 ₹147 Cr | Jun 2025 ₹121 Cr | Sep 2025 ₹59 Cr | Dec 2025 ₹96 Cr | Mar 2026 ₹106 Cr | Jun 2026 —
- ROADSTAR: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹15 Cr | Sep 2024 ₹-62 Cr | Dec 2024 ₹28 Cr | Mar 2025 ₹9 Cr | Jun 2025 ₹-122 Cr | Sep 2025 ₹-25 Cr | Dec 2025 ₹28 Cr | Mar 2026 ₹-156 Cr | Jun 2026 —
- NXT-INFRA: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 ₹54 Cr | Dec 2024 ₹47 Cr | Mar 2025 ₹93 Cr | Jun 2025 ₹43 Cr | Sep 2025 ₹46 Cr | Dec 2025 ₹13 Cr | Mar 2026 ₹-1 Cr | Jun 2026 —
- CAPINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹-37 Cr | Jun 2025 ₹-74 Cr | Sep 2025 ₹78 Cr | Dec 2025 ₹11 Cr | Mar 2026 ₹195 Cr | Jun 2026 ₹126 Cr
- ANANTAM: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹0 Cr | Jun 2025 ₹68 Cr | Sep 2025 ₹-2 Cr | Dec 2025 ₹-4 Cr | Mar 2026 ₹203 Cr | Jun 2026 —
- TVSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 ₹12 Cr | Dec 2025 ₹14 Cr | Mar 2026 ₹6 Cr | Jun 2026 —

### 19-quarter Profit growth history
- VERTIS: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -16% | Mar 2024 -1,543% | Jun 2024 71% | Sep 2024 252% | Dec 2024 185% | Mar 2025 — | Jun 2025 31% | Sep 2025 21% | Dec 2025 -5.1% | Mar 2026 33% | Jun 2026 —
- INDUSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 880% | Jun 2025 9.0% | Sep 2025 -43% | Dec 2025 -19% | Mar 2026 -28% | Jun 2026 —
- ROADSTAR: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 -913% | Sep 2025 — | Dec 2025 0.0% | Mar 2026 -1,833% | Jun 2026 —
- NXT-INFRA: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 -15% | Dec 2025 -72% | Mar 2026 -101% | Jun 2026 —

## Funding Base & Its Composition

What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

Evidence: No comparable leader | Not enough peers | Not enough history | 0/9 companies · 0 observations

Definition: For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.

### Deposits — largest deposit bases

### Borrowings — largest borrowings
1. Knowledge Realty Trust (KRT): ₹12.4K Cr
2. Vertis Infrastructure Trust (VERTIS): ₹11.6K Cr
3. Maple Infrastructure Trust (543925): ₹7.4K Cr
4. Indus Infra Trust (INDUSINVIT): ₹4.6K Cr
5. Roadstar Infra Investment Trust (ROADSTAR): ₹3.3K Cr

### 19-quarter Deposits history

### 19-quarter Borrowings history
- 543925: Mar 2019 ₹1.2K Cr | Mar 2020 ₹1.2K Cr | Mar 2021 ₹1.2K Cr | Mar 2022 ₹0 Cr | Dec 2022 — | Mar 2023 ₹4.8K Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹4.8K Cr | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹4.7K Cr | Jun 2025 — | Sep 2025 ₹4.6K Cr | Dec 2025 — | Mar 2026 ₹7.4K Cr | Jun 2026 —
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹20.0K Cr | Sep 2024 ₹20.0K Cr | Dec 2024 ₹20.0K Cr | Mar 2025 ₹0 Cr | Jun 2025 ₹15.4K Cr | Sep 2025 ₹15.4K Cr | Dec 2025 ₹15.4K Cr | Mar 2026 ₹12.4K Cr | Jun 2026 —
- VERTIS: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 ₹2.3K Cr | Dec 2022 — | Mar 2023 ₹1.5K Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹4.1K Cr | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹4.9K Cr | Jun 2025 — | Sep 2025 ₹11.2K Cr | Dec 2025 — | Mar 2026 ₹11.6K Cr | Jun 2026 —
- INDUSINVIT: Mar 2019 — | Mar 2020 ₹2.3K Cr | Mar 2021 ₹3.7K Cr | Mar 2022 ₹4.7K Cr | Dec 2022 — | Mar 2023 ₹3 Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹1.1K Cr | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹2.1K Cr | Jun 2025 — | Sep 2025 ₹2.2K Cr | Dec 2025 — | Mar 2026 ₹4.6K Cr | Jun 2026 —
- ROADSTAR: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 ₹2.2K Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹2.9K Cr | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹3.7K Cr | Jun 2025 — | Sep 2025 ₹3.6K Cr | Dec 2025 — | Mar 2026 ₹3.3K Cr | Jun 2026 —
- NXT-INFRA: Mar 2019 — | Mar 2020 — | Mar 2021 ₹2.5K Cr | Mar 2022 ₹2.7K Cr | Dec 2022 — | Mar 2023 ₹3.2K Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹3.1K Cr | Jun 2025 — | Sep 2025 ₹3.1K Cr | Dec 2025 — | Mar 2026 ₹3.1K Cr | Jun 2026 —
- CAPINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹2.4K Cr | Jun 2025 — | Sep 2025 ₹2.3K Cr | Dec 2025 — | Mar 2026 ₹3.0K Cr | Jun 2026 —
- ANANTAM: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹0 Cr | Jun 2025 ₹3.6K Cr | Sep 2025 — | Dec 2025 — | Mar 2026 ₹2.1K Cr | Jun 2026 —
- TVSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 ₹1.0K Cr | Jun 2026 —

## Return On Assets

What the numbers say: Anantam Highways Trust leads roa at 11.2%; Knowledge Realty Trust leads roa change at +221.8 percentage points.

Investor read: Anantam Highways Trust sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

Evidence: Anantam Highways Trust · 11.2% | 118.7% versus #2 · Indus Infra Trust | Not enough history | 4/9 companies · 6 observations

Definition: ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.

### ROA — highest
1. Anantam Highways Trust (ANANTAM): 11%
2. Indus Infra Trust (INDUSINVIT): 5.1%
3. Knowledge Realty Trust (KRT): 0.7%
4. Capital Infra Trust (CAPINVIT): 0.2%

### ROA change — fastest improvers
1. Knowledge Realty Trust (KRT): +221.8 pp
2. Anantam Highways Trust (ANANTAM): +9.0 pp

### 19-quarter ROA history
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 6.8% | Mar 2025 -221% | Jun 2025 0.0% | Sep 2025 0.1% | Dec 2025 0.7% | Mar 2026 0.7% | Jun 2026 —

### 19-quarter ROA change history
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 −6.1 pp | Mar 2026 +221.8 pp | Jun 2026 —

## ROE — Leaders & Improvers

What the numbers say: Anantam Highways Trust leads both roe at 16.8% and roe change at +715.3 percentage points.

Investor read: Anantam Highways Trust sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

Evidence: Anantam Highways Trust · 16.8% | 76.3% versus #2 · Vertis Infrastructure Trust | Not enough history | 9/9 companies · 6 observations

Definition: ROE shows the return to shareholders, but should be read with asset quality and leverage.

### ROE — highest
1. Anantam Highways Trust (ANANTAM): 17%
2. Vertis Infrastructure Trust (VERTIS): 9.5%
3. Indus Infra Trust (INDUSINVIT): 7.9%
4. Capital Infra Trust (CAPINVIT): 7.2%
5. Nxt-Infra Trust (NXT-INFRA): 3.8%

### ROE change — fastest improvers
1. Anantam Highways Trust (ANANTAM): +715.3 pp
2. Knowledge Realty Trust (KRT): +2.0 pp

### 19-quarter ROE history
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 -3.8% | Mar 2025 -0.1% | Jun 2025 -0.7% | Sep 2025 0.2% | Dec 2025 0.3% | Mar 2026 1.9% | Jun 2026 —

### 19-quarter ROE change history
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 +4.1 pp | Mar 2026 +2.0 pp | Jun 2026 —

## Gross NPA — Leaders & Improvers

What the numbers say: There is not enough comparable evidence to name a reliable gross npa leader.

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current gnpa change signal.

Evidence: No comparable leader | Not enough peers | Not enough history | 0/9 companies · 0 observations

Definition: Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.

### Gross NPA — lowest

### GNPA change — fastest improvers

### 19-quarter Gross NPA history

### 19-quarter GNPA change history

## Valuation Against Growth & Quality

What the numbers say: Anantam Highways Trust has the lowest comparable P/BV ÷ ROE at 0.06×, 57.1% below Capital Infra Trust. Only 7 of 9 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Evidence: Anantam Highways Trust · 0.06× | 57.1% versus #2 · Capital Infra Trust | Not enough history | 7/9 companies · 3 observations

Definition: Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.

### P/BV ÷ ROE — lowest return-adjusted price
1. Anantam Highways Trust (ANANTAM): 0.1
2. Capital Infra Trust (CAPINVIT): 0.1
3. Indus Infra Trust (INDUSINVIT): 0.2
4. Vertis Infrastructure Trust (VERTIS): 0.3
5. Nxt-Infra Trust (NXT-INFRA): 0.3

### P/BV — lowest P/BV
1. Roadstar Infra Investment Trust (ROADSTAR): 0.7
2. Anantam Highways Trust (ANANTAM): 1.0
3. Capital Infra Trust (CAPINVIT): 1.0
4. Nxt-Infra Trust (NXT-INFRA): 1.1
5. Knowledge Realty Trust (KRT): 1.2

### 19-quarter P/BV ÷ ROE history
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 5.8 | Dec 2025 4.0 | Mar 2026 0.6 | Jun 2026 —

### 19-quarter P/BV history
- 543925: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 1.8 | Mar 2026 2.4 | Jun 2026 —
- KRT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 1.2 | Dec 2025 1.2 | Mar 2026 1.1 | Jun 2026 —
- VERTIS: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 2.3 | Mar 2026 2.3 | Jun 2026 —
- INDUSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 0.9 | Sep 2024 1.0 | Dec 2024 1.0 | Mar 2025 1.0 | Jun 2025 1.0 | Sep 2025 1.0 | Dec 2025 1.0 | Mar 2026 1.1 | Jun 2026 —
- ROADSTAR: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 0.7 | Mar 2026 0.7 | Jun 2026 —
- NXT-INFRA: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 1.1 | Mar 2026 1.1 | Jun 2026 —
- CAPINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 0.9 | Sep 2025 0.9 | Dec 2025 1.1 | Mar 2026 1.7 | Jun 2026 0.5
- TVSINVIT: Mar 2019 — | Mar 2020 — | Mar 2021 — | Mar 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 1.1 | Mar 2026 1.2 | Jun 2026 —

## Market action

Roadstar Infra Investment Trust has the strongest one-year price move in Infra/Real Estate Investment Trust at +17.2%. Indus Infra Trust leads on Mansfield relative strength against NIFTY at +6.3%. 1 of 2 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

### Strongest one-year price performers
1. Roadstar Infra Investment Trust (ROADSTAR): 17%
2. Indus Infra Trust (INDUSINVIT): 15%
3. TVS Infrastructure Trust (TVSINVIT): 14%
4. Capital Infra Trust (CAPINVIT): -9.9%

### Strongest relative strength versus NIFTY 500
1. Indus Infra Trust (INDUSINVIT): 6.3%
2. Capital Infra Trust (CAPINVIT): -1.5%

## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
- 2 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
- 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.

## Every company
- Knowledge Realty Trust (KRT) — market value ₹51.7K Cr; latest fundamentals Mar 2026; includes UNVERIFIED second-feed figures
- Vertis Infrastructure Trust (VERTIS) — market value ₹17.1K Cr; latest fundamentals Mar 2026
- Maple Infrastructure Trust (543925) — market value ₹9.8K Cr; latest fundamentals Mar 2026
- Indus Infra Trust (INDUSINVIT) — market value ₹8.0K Cr; latest fundamentals Mar 2026; second-feed figures WITHHELD
- Roadstar Infra Investment Trust (ROADSTAR) — market value ₹2.7K Cr; latest fundamentals Mar 2026
- Nxt-Infra Trust (NXT-INFRA) — market value ₹2.7K Cr; latest fundamentals Mar 2026
- Capital Infra Trust (CAPINVIT) — market value ₹2.6K Cr; latest fundamentals Jun 2026; second-feed figures WITHHELD
- Anantam Highways Trust (ANANTAM) — market value ₹2.3K Cr; latest fundamentals Mar 2026; includes UNVERIFIED second-feed figures
- TVS Infrastructure Trust (TVSINVIT) — market value ₹2.3K Cr; latest fundamentals Mar 2026

## Source standing of each company

Cross-checked: 0. Unverified: 7. Withheld: 2. Graded companies: 9.

2 of 9 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.

2 of 9 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Indus Infra Trust (INDUSINVIT) — its two data sources disagree by up to 202% on reported income across 1 comparable period, so its derived ratios are withheld; Capital Infra Trust (CAPINVIT) — its two data sources disagree by up to 105% on reported income across 1 comparable period, so its derived ratios are withheld.

- WITHHELD | INDUSINVIT | Indus Infra Trust | runtime_contradicted | disagreement up to 201.65% over 1 comparable periods
- WITHHELD | CAPINVIT | Capital Infra Trust | runtime_contradicted | disagreement up to 105.41% over 1 comparable periods

- UNVERIFIED | KRT | Knowledge Realty Trust | too little overlapping reported history to cross-check the second feed
- UNVERIFIED | ANANTAM | Anantam Highways Trust | too little overlapping reported history to cross-check the second feed

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-07-24.
Up to 19 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### What is the Nifty Infra/Real Estate Investment Trust index?

The Nifty Infra/Real Estate Investment Trust index tracks India's listed Infra/Real Estate Investment Trust companies as a single basket. This page follows the same 9 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Infra/Real Estate Investment Trust sector rather than to its largest constituent. Figures are as of Jun 2026.

### Which are the best Infra/Real Estate Investment Trust stocks in India?

Ranked by this page's four-factor score, Indus Infra Trust places first among 9 listed Infra/Real Estate Investment Trust companies, followed by Anantam Highways Trust. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

### How many Infra/Real Estate Investment Trust stocks are listed in India?

This comparison covers 9 listed Infra/Real Estate Investment Trust companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

### Which Infra/Real Estate Investment Trust company is the biggest?

Vertis Infrastructure Trust is the largest, with trailing-twelve-month income of ₹3,903 crore, ahead of Knowledge Realty Trust at ₹3,398 crore. That covers 8 of 9 companies with comparable reporting through Mar 2026.

### Which Infra/Real Estate Investment Trust company is growing fastest?

Maple Infrastructure Trust has the fastest income growth at 93.1% year on year, across 4 of 9 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

### Which Infra/Real Estate Investment Trust company makes the most profit?

Vertis Infrastructure Trust earns the most, at ₹659 crore of trailing-twelve-month net profit, from 8 of 9 comparable companies. Vertis Infrastructure Trust has the fastest profit growth at 21.1%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Infra/Real Estate Investment Trust company earns the highest return on capital?

Anantam Highways Trust leads on return on assets at 11.2%, across 4 of 9 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Which Infra/Real Estate Investment Trust stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — Anantam Highways Trust screens cheapest at 0.06×. Only 7 of 9 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Which Infra/Real Estate Investment Trust stock has the strongest price momentum?

Indus Infra Trust has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Infra/Real Estate Investment Trust company scores highest for research priority?

Indus Infra Trust scores 47.3 out of 100 with 66.9% evidence confidence, from 9.6 points on growth and earnings, 17.1 on capital efficiency, 8.4 on valuation and 12.2 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Infra/Real Estate Investment Trust companies does this comparison cover, and over what period?

It compares 9 listed companies over up to 19 reported quarters of fundamentals and 8 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Infra/Real Estate Investment Trust sector?

The 9 Infra/Real Estate Investment Trust companies on this page carry ₹99,237 crore of combined market value. Knowledge Realty Trust is the largest at ₹51,745 crore, about 52% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

### What is the Infra/Real Estate Investment Trust sector's P/B ratio?

The median price-to-book ratio across the 9 Infra/Real Estate Investment Trust companies on this page is 1.2×, measured on the 9 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

### How is the Infra/Real Estate Investment Trust sector performing?

1 of the 2 covered Infra/Real Estate Investment Trust companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

Narrative sector analysis: https://www.sectoralpha.in/sectors/infra-real-estate-investment-trust