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Anantam Highways Trust share price today

Anantam Highways Trust · NSE: ANANTAM · Infra/Real Estate Investment Trust · prices and results as of 30 October 2026, updated weekly · research updated 26 October 2026 · All listed InvITs in India, with yield

Anantam Highways Trust share price today: ₹101.58 at the NSE close on 30 October 2026, down 3.2% in a year. Anantam Highways Trust (NSE: ANANTAM) is worth ₹2,209 crore, trades at a P/E of 7.1 and has closed between ₹100.49 and ₹110.50 over the past 52 weeks.

₹101.58Price −3.2% in a year
7.1×P/E lower than 96% of the last 5 months
₹158 CrRevenue (Sep 2026)
₹52.0 CrProfit (Sep 2026)
83.0%Operating margin
14%ROCE FY26

Anantam Highways Trust's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been stalling near its high for 18 weeks, and the P/E is lower than 96% of its own last 5 months. Over the last four quarters, results have been mixed. What will decide it: the next one or two quarters of results.

Figures we could not check: Some figures on this page come from a second data source that we could not check against the main one, because the two do not cover enough of the same periods. They are shown because they are the only figures there are, and every section that uses one is marked unverified.

What is the Anantam Highways Trust share price today?

Anantam Highways Trust's share price was ₹101.58 at the close on 30 October 2026. It has been stalling near its high for 18 weeks. That is 3.1% below its average price over the last 200 trading days.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Anantam Highways Trust is in stage 3. The phase helps read everything below.

In the last 52 weeks it traded between ₹100 and ₹111, and at that close it sat 11% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 9 weeks in a row.

Oct 2026: ₹102, 3.1% below its 200-day average. The price has been stalling near its high for 18 weeks.

  • Price ₹102
  • 50-day avg ₹104
  • 200-day avg ₹105
Oct 2026: ₹102, 3.1% below its 200-day average. The price has been stalling near its high for 18 weeks.
WeekPrice50-day avg200-day avg
17 Oct 2025₹106₹105₹105
24 Oct 2025₹106₹106₹105
31 Oct 2025₹105₹105₹105
7 Nov 2025₹106₹105₹105
14 Nov 2025₹105₹106₹105
21 Nov 2025₹103₹105₹105
28 Nov 2025₹104₹105₹105
5 Dec 2025₹104₹105₹105
12 Dec 2025₹105₹105₹105
19 Dec 2025₹104₹104₹105
26 Dec 2025₹104₹104₹105
2 Jan 2026₹104₹104₹105
9 Jan 2026₹104₹104₹105
16 Jan 2026₹104₹104₹105
23 Jan 2026₹104₹104₹105
1 Feb 2026₹103₹104₹105
6 Feb 2026₹103₹104₹105
13 Feb 2026₹105₹104₹105
20 Feb 2026₹103₹104₹105
27 Feb 2026₹103₹103₹104
6 Mar 2026₹103₹103₹104
13 Mar 2026₹103₹103₹104
20 Mar 2026₹103₹103₹104
27 Mar 2026₹103₹103₹104
2 Apr 2026₹103₹103₹104
10 Apr 2026₹105₹103₹104
17 Apr 2026₹107₹104₹104
24 Apr 2026₹106₹104₹104
30 Apr 2026₹106₹104₹104
8 May 2026₹111₹105₹105
15 May 2026₹108₹106₹105
22 May 2026₹105₹106₹105
29 May 2026₹105₹106₹105
4 Jun 2026₹104₹106₹105
5 Jun 2026₹105₹106₹105
10 Jun 2026₹104₹105₹105
12 Jun 2026₹104₹105₹105
17 Jun 2026₹104₹105₹105
19 Jun 2026₹104₹105₹105
24 Jun 2026₹105₹105₹105
25 Jun 2026₹106₹105₹105
1 Jul 2026₹104₹105₹105
3 Jul 2026₹105₹105₹105
10 Jul 2026₹104₹105₹105
17 Jul 2026₹104₹105₹105
24 Jul 2026₹105₹105₹105
31 Jul 2026₹105₹105₹105
7 Aug 2026₹105₹105₹105
14 Aug 2026₹105₹105₹105
21 Aug 2026₹106₹105₹105
28 Aug 2026₹105₹105₹105
4 Sep 2026₹106₹105₹105
11 Sep 2026₹108₹106₹105
18 Sep 2026₹106₹106₹105
25 Sep 2026₹105₹106₹105
1 Oct 2026₹104₹105₹105
9 Oct 2026₹105₹105₹105
16 Oct 2026₹104₹105₹105
23 Oct 2026₹103₹105₹105
30 Oct 2026₹102₹104₹105
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

Price stage: Falling from Oct 2025 to Nov 2025; Sideways from Nov 2025 to Jan 2026; Falling from Jan 2026 to Apr 2026; Sideways from Apr 2026 to May 2026; Rising from Jun 2026 to Jul 2026; Sideways from Jul 2026 to Oct 2026.

Week by week since 2025: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 28 of 47 weeks

Week by week since 2025: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
17 Oct 2025no NIFTY 500 reading
24 Oct 2025no NIFTY 500 reading
31 Oct 2025no NIFTY 500 reading
7 Nov 2025no NIFTY 500 reading
14 Nov 2025no NIFTY 500 reading
21 Nov 2025no NIFTY 500 reading
28 Nov 2025no NIFTY 500 reading
5 Dec 2025no NIFTY 500 reading
12 Dec 2025no NIFTY 500 reading
19 Dec 2025no NIFTY 500 reading
26 Dec 2025no NIFTY 500 reading
2 Jan 2026no NIFTY 500 reading
9 Jan 2026no NIFTY 500 reading
16 Jan 2026+1.7%
23 Jan 2026+1.5%
1 Feb 2026−0.8%
6 Feb 2026−2.5%
13 Feb 2026+0.5%
20 Feb 2026+2.6%
27 Feb 2026+4.0%
6 Mar 2026+2.9%
13 Mar 2026+4.6%
20 Mar 2026+9.2%
27 Mar 2026+11.3%
2 Apr 2026+7.2%
10 Apr 2026+5.0%
17 Apr 2026+2.5%
24 Apr 2026+3.2%
30 Apr 2026+3.7%
8 May 2026+12.6%
15 May 2026+7.7%
22 May 2026+5.2%
29 May 2026+1.2%
4 Jun 2026+1.4%
5 Jun 2026−0.6%
10 Jun 2026−4.3%
12 Jun 2026−7.0%
17 Jun 2026−4.0%
19 Jun 2026−3.6%
24 Jun 2026−2.2%
25 Jun 2026−1.2%
1 Jul 2026−2.1%
3 Jul 2026−8.4%
10 Jul 2026−6.9%
17 Jul 2026−4.0%
24 Jul 2026−0.6%
31 Jul 2026−3.8%
7 Aug 2026−4.6%
14 Aug 2026−3.1%
21 Aug 2026−2.6%
28 Aug 2026−0.2%
4 Sep 2026+1.4%
11 Sep 2026+3.2%
18 Sep 2026+1.7%
25 Sep 2026+3.8%
1 Oct 2026+5.2%
9 Oct 2026+7.0%
16 Oct 2026+4.7%
23 Oct 2026+4.1%
30 Oct 2026+3.4%
Each bar is one week, from 2025 to now (47 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −4% while the NIFTY 500 moved −8%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Anantam Highways Trust pay?

The last was a dividend whose amount we could not read, ex-date 27 October 2026.

Anantam Highways Trust dividends since 1 April 2021

Anantam Highways Trust dividends since 1 April 2021
Ex-dateDividend per shareType
27 Oct 2026Distributionnot readableDistribution
14 Aug 2026Distributionnot readableDistribution
22 May 2026Distributionnot readableDistribution
16 Feb 2026Distributionnot readableDistribution

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

We do not print a yield for Anantam Highways Trust: its payouts are trust distributions (interest and capital paid back), not company dividends.

Yes. Anantam Highways Trust paid out 28% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 2 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What are Anantam Highways Trust's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Anantam Highways Trust reported revenue of ₹158 crore, and a profit of ₹52.0 crore, against a loss of ₹2.00 crore a year earlier.

Anantam Highways Trust results: July to September 2026 against a year earlier

Anantam Highways Trust results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹158 crore₹0.00 crore—
Profit₹52.0 croreloss of ₹2.00 crore—
Earnings per share₹2.41——
Operating margin83.0%——

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Anantam Highways Trust's management discussed these results on a call held on 26 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Anantam Highways Trust share price history?

Anantam Highways Trust closed at ₹101.58 on 30 October 2026, down 3.2% from ₹104.93 a year earlier (31 October 2025). Its highest weekly close since October 2025 was ₹110.50 on 8 May 2026.

Anantam Highways Trust share price: then and now

Anantam Highways Trust share price: then and now
WhenCloseChange to 30 Oct 2026
1 week ago · 23 Oct 2026₹102.86−1.2%
1 month ago · 1 Oct 2026₹103.98−2.3%
6 months ago · 30 Apr 2026₹105.53−3.7%
1 year ago · 31 Oct 2025₹104.93−3.2%
Earliest weekly close in our records · 17 Oct 2025₹106.24−4.4%
Highest weekly close since October 2025, also the 52-week high · 8 May 2026₹110.50−8.1%
Lowest weekly close since October 2025 · 30 Oct 2026₹101.580.0%
52-week low (weekly close) · 29 Oct 2026₹100.49+1.1%

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

60 weekly closes from 17 October 2025 to 30 October 2026.

What is the latest news on Anantam Highways Trust?

30 Oct 2026: Anantam Highways Trust closed at ₹101.58, down 1.2% on the week and down 2.3% on the month. 27 Oct 2026: ex-date for a distribution dividend.

Earlier

  • 26 Oct 2026: Anantam Highways Trust held its results call for July to September 2026. Management guided: Maintain quarterly distribution at ₹2.75 per unit as base with gradual increase over time going forward.
  • 14 Aug 2026: ex-date for a distribution dividend.
  • 22 May 2026: ex-date for a distribution dividend.
  • 16 Feb 2026: ex-date for a distribution dividend.

What did Anantam Highways Trust management say on the latest results call?

On the call for July to September 2026, held on 26 October 2026, Anantam Highways Trust's management guided: Maintain quarterly distribution at ₹2.75 per unit as base with gradual increase over time going forward.

“We do not believe in pursuing scale for its own sake.”Jignesh Shah, on the call for July to September 2026

What management guided

  • Induct ROFO assets in graded manner over next 18 to 24 months with near-term assets planned.
  • Shift borrowings toward blend of T-bill-linked and MCLR-linked debt mirroring revenue mix plus other instruments over time.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 26 October 2026.

What to watch in Anantam Highways Trust's next results?

When Anantam Highways Trust reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: ROFO induction advance under graded medium-term plan including approvals and pricing - per near-term aiming for this quarter.

Anantam Highways Trust: what to watch next quarter
What to check (from the call)
ROFO induction advance under graded medium-term plan including approvals and pricing - per near-term aiming for this quarter.
Quarterly payout maintenance with gradual uplift and efficient mix - per base commitment and tax-aware approach this quarter.
Unit base broadening steps and sponsor stake moves affecting trading liquidity - per liquidity actions flagged this quarter.

Which stock lists is Anantam Highways Trust on?

Anantam Highways Trust is on one of our India lists: 52 week high & low.

Is Anantam Highways Trust profitable?

Anantam Highways Trust earned ₹52.0 Cr of net profit in the Sep 2026 quarter. Full-year FY26 profit was ₹196 Cr. That is 32.9% of the quarter's revenue. The same quarter a year earlier lost ₹2.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY26 profit ₹196 Cr

  • Net profit ₹196
FY26 profit ₹196 Cr
QuarterNet profit
FY25₹0
FY26₹196
Net profit each year, ₹ Cr. 2-year window. A grey bar is lower than the year before.

Sep 2026: ₹52.0 Cr

  • Net profit (quarterly) ₹52.0
Sep 2026: ₹52.0 Cr
QuarterNet profit (quarterly)
Mar 2025₹0
Jun 2025−₹2
Sep 2025−₹2
Dec 2025−₹4
Mar 2026₹203
Jun 2026₹59
Sep 2026₹52
Net profit each quarter, ₹ Cr. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Anantam Highways Trust make, and is it growing?

Anantam Highways Trust reported ₹158 Cr of revenue in the Sep 2026 quarter. The last full year, FY26, came in at ₹313 Cr. The last four reported quarters add to ₹643 Cr. A growth rate over several years is not shown, because there are too few years of figures to work one out properly.

Revenue is everything the company billed its customers in the period.

FY26 revenue ₹313 Cr

  • Revenue ₹313
FY26 revenue ₹313 Cr
QuarterRevenue
FY25₹0
FY26₹313
Revenue each year, ₹ Cr. 2-year window. A grey bar is lower than the year before.

Sep 2026: ₹158 Cr

  • Revenue (quarterly) ₹158
Sep 2026: ₹158 Cr
QuarterRevenue (quarterly)
Mar 2025₹0
Jun 2025₹0
Sep 2025₹0
Dec 2025₹104
Mar 2026₹223
Jun 2026₹158
Sep 2026₹158
Revenue each quarter, ₹ Cr. Last 12 quarters. A grey bar is lower than the quarter before.

How much of every ₹100 of sales does Anantam Highways Trust keep?

Anantam Highways Trust's operating margin was 83.0% in the Sep 2026 quarter.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 1 years it has been between 86.0% and 86.0%.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Sep 2026: operating margin 83.0%

  • Operating margin 83.0%
Sep 2026: operating margin 83.0%
QuarterOperating margin
Mar 2025–
Jun 2025–
Sep 2025–
Dec 202582%
Mar 202690%
Jun 202680%
Sep 202683%
Quarterly operating margin, %. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Anantam Highways Trust's profit turning into cash?

Anantam Highways Trust's cash-flow history is too short to judge how much of its profit turns into cash. In FY26 it brought in ₹487 Cr of operating cash against ₹196 Cr of profit. After ₹2.0 Cr of spending on assets, ₹485 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹487 Cr against profit ₹196 Cr

  • Operating cash ₹487
  • Net profit ₹196
  • Free cash ₹485
FY26: operating cash ₹487 Cr against profit ₹196 Cr
QuarterOperating cashNet profitFree cash
FY25₹0₹0–
FY26₹487₹196₹485
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 2-year window, yearly figures.

FY26: operating cash was 248% of profit

  • Operating cash as % of profit 248%
  • Break-even line 100%
FY26: operating cash was 248% of profit
QuarterOperating cash as % of profitBreak-even line
FY25–100%
FY26248%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Anantam Highways Trust's cash go?

Anantam Highways Trust does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ₹2.0 Cr on assets over the last 1 years. Averaged over those years that is 0.6% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: ₹2.0 Cr over the last 1 years. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Anantam Highways Trust's P/E ratio, and how does it compare with its own history?

Anantam Highways Trust's P/E is 7.1×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 11.6×, over 5 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 7.1× against a usual 11.6×: near the low end of its own history: it has been lower only 4% of the time

  • P/E 7.10×
  • Median 11.6×
P/E 7.1× against a usual 11.6×: near the low end of its own history: it has been lower only 4% of the time
WeekP/EMedian
19 May 202611.9×11.6×
20 May 202611.9×11.6×
21 May 202611.9×11.6×
22 May 202611.7×11.6×
25 May 202611.7×11.6×
26 May 202611.6×11.6×
27 May 202611.7×11.6×
29 May 202611.7×11.6×
1 Jun 202611.6×11.6×
2 Jun 202611.6×11.6×
3 Jun 202611.6×11.6×
4 Jun 202611.6×11.6×
5 Jun 202611.6×11.6×
8 Jun 202611.6×11.6×
9 Jun 202611.6×11.6×
10 Jun 202611.6×11.6×
11 Jun 202611.6×11.6×
12 Jun 202611.6×11.6×
15 Jun 202611.6×11.6×
16 Jun 202611.6×11.6×
17 Jun 202611.6×11.6×
18 Jun 202611.6×11.6×
19 Jun 202611.6×11.6×
22 Jun 202611.6×11.6×
23 Jun 202611.6×11.6×
24 Jun 202611.7×11.6×
25 Jun 202611.8×11.6×
29 Jun 202611.7×11.6×
30 Jun 202611.6×11.6×
1 Jul 202611.6×11.6×
2 Jul 202611.6×11.6×
3 Jul 202611.8×11.6×
6 Jul 202611.9×11.6×
7 Jul 202611.8×11.6×
8 Jul 202611.7×11.6×
9 Jul 202611.7×11.6×
10 Jul 202611.8×11.6×
13 Jul 202611.7×11.6×
14 Jul 202611.7×11.6×
15 Jul 202611.8×11.6×
16 Jul 202611.8×11.6×
17 Jul 202611.8×11.6×
20 Jul 202611.8×11.6×
21 Jul 202611.9×11.6×
22 Jul 202611.9×11.6×
23 Jul 202611.8×11.6×
24 Jul 202611.9×11.6×
27 Jul 202611.8×11.6×
28 Jul 202611.9×11.6×
29 Jul 202611.9×11.6×
30 Jul 202611.8×11.6×
31 Jul 202611.8×11.6×
3 Aug 202611.8×11.6×
4 Aug 202611.8×11.6×
5 Aug 202611.8×11.6×
6 Aug 202611.8×11.6×
7 Aug 202611.9×11.6×
10 Aug 202611.9×11.6×
11 Aug 20268.90×11.6×
12 Aug 20269.00×11.6×
13 Aug 20269.10×11.6×
14 Aug 20268.90×11.6×
17 Aug 20268.90×11.6×
18 Aug 20268.90×11.6×
19 Aug 20268.90×11.6×
20 Aug 20268.90×11.6×
21 Aug 20268.90×11.6×
24 Aug 20269.00×11.6×
25 Aug 20268.90×11.6×
26 Aug 20268.90×11.6×
27 Aug 20268.90×11.6×
28 Aug 20268.90×11.6×
31 Aug 20269.00×11.6×
1 Sep 20269.00×11.6×
2 Sep 20269.00×11.6×
3 Sep 20269.00×11.6×
4 Sep 20269.00×11.6×
7 Sep 20269.10×11.6×
8 Sep 20269.10×11.6×
9 Sep 20269.10×11.6×
10 Sep 20269.10×11.6×
11 Sep 20269.10×11.6×
15 Sep 20269.10×11.6×
16 Sep 20269.00×11.6×
17 Sep 20269.00×11.6×
18 Sep 20269.00×11.6×
21 Sep 20269.00×11.6×
22 Sep 20269.00×11.6×
23 Sep 20268.90×11.6×
24 Sep 20268.90×11.6×
25 Sep 20268.90×11.6×
28 Sep 20268.90×11.6×
29 Sep 20268.80×11.6×
30 Sep 20268.80×11.6×
1 Oct 20268.80×11.6×
5 Oct 20268.80×11.6×
6 Oct 20268.70×11.6×
7 Oct 20268.70×11.6×
8 Oct 20268.90×11.6×
9 Oct 20268.90×11.6×
12 Oct 20268.80×11.6×
13 Oct 20268.80×11.6×
14 Oct 20268.90×11.6×
15 Oct 20268.90×11.6×
16 Oct 20268.90×11.6×
19 Oct 20268.90×11.6×
21 Oct 20268.90×11.6×
22 Oct 20267.30×11.6×
23 Oct 20267.20×11.6×
26 Oct 20267.30×11.6×
27 Oct 20267.10×11.6×
28 Oct 20267.10×11.6×
29 Oct 20267.00×11.6×
30 Oct 20267.10×11.6×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹14
Earnings per share, 12 months
WeekEarnings per share, 12 months
19 May 2026–
20 May 2026–
21 May 2026–
22 May 2026–
25 May 2026–
26 May 2026–
27 May 2026–
29 May 2026–
1 Jun 2026–
2 Jun 2026–
3 Jun 2026–
4 Jun 2026–
5 Jun 2026–
8 Jun 2026–
9 Jun 2026–
10 Jun 2026–
11 Jun 2026–
12 Jun 2026–
15 Jun 2026–
16 Jun 2026–
17 Jun 2026–
18 Jun 2026–
19 Jun 2026–
22 Jun 2026–
23 Jun 2026–
24 Jun 2026–
25 Jun 2026–
29 Jun 2026–
30 Jun 2026₹9
1 Jul 2026₹9
2 Jul 2026₹9
3 Jul 2026₹9
6 Jul 2026₹9
7 Jul 2026₹9
8 Jul 2026₹9
9 Jul 2026₹9
10 Jul 2026₹9
13 Jul 2026₹9
14 Jul 2026₹9
15 Jul 2026₹9
16 Jul 2026₹9
17 Jul 2026₹9
20 Jul 2026₹9
21 Jul 2026₹9
22 Jul 2026₹9
23 Jul 2026₹9
24 Jul 2026₹9
27 Jul 2026₹9
28 Jul 2026₹9
29 Jul 2026₹9
30 Jul 2026₹9
31 Jul 2026₹9
3 Aug 2026₹9
4 Aug 2026₹9
5 Aug 2026₹9
6 Aug 2026₹9
7 Aug 2026₹9
10 Aug 2026₹9
11 Aug 2026₹9
12 Aug 2026₹9
13 Aug 2026₹9
14 Aug 2026₹9
17 Aug 2026₹9
18 Aug 2026₹9
19 Aug 2026₹9
20 Aug 2026₹9
21 Aug 2026₹9
24 Aug 2026₹9
25 Aug 2026₹9
26 Aug 2026₹9
27 Aug 2026₹9
28 Aug 2026₹9
31 Aug 2026₹9
1 Sep 2026₹9
2 Sep 2026₹9
3 Sep 2026₹9
4 Sep 2026₹9
7 Sep 2026₹9
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Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 5 months of history; short peaks above 12× are drawn at the top edge.
7.1×P/E · lower than 96% of its last 5 months

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Anantam Highways Trust business getting better or worse?

Anantam Highways Trust's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading.

Why it matters: with too little history, we say so rather than guess a direction.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

How much does Anantam Highways Trust earn on its capital?

Anantam Highways Trust earned a ROCE of 14% in FY26. Its return on capital used (ROIC) is 5.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 62.6% net margin and 0.07× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Not checked: some figures in this section come from a second data source we could not check against the main one, because the two do not cover enough of the same periods. Where both report a period, the main source’s figure is shown.

Why the return is what it is (FY26): a 62.6% net margin × 0.07× asset turnover × 2.02× leverage (assets divided by equity) ≈ 8.9% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 6.3% − 12.0% = −5.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

Q4 FY26: ROCE 11.2% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 11.2%
  • ROIC (12 months) 3%
  • Cost of capital 12.0%
Q4 FY26: ROCE 11.2% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q4 FY254%–12%
Q1 FY268.1%3.1%12%
Q4 FY2611.2%3%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 3 quarters, lined up with the yearly figure.

Does Anantam Highways Trust have too much debt?

Anantam Highways Trust had ₹2,101 Cr of borrowings against ₹2,304 Cr of equity in FY26, so its debt is 0.91× its equity. Its operating profit is 3 times its interest bill. Over 1 years borrowings went from ₹0.0 Cr to ₹2,101 Cr. Over the last 1 of those years it spent ₹2.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

FY26: borrowings ₹2,101 Cr, 0.91× equity, how debt has moved

  • Borrowings ₹2,101
FY26: borrowings ₹2,101 Cr, 0.91× equity, how debt has moved
QuarterBorrowings
FY25₹0
FY26₹2,101

Debt-to-equity

  • Debt-to-equity 0.91×
Debt-to-equity
QuarterDebt-to-equity
FY25–
FY260.91×
Top: borrowings each year, ₹ Cr. Below: debt-to-equity, ×. 2-year window. Quarterly balance-sheet figures are not available for India, so this is yearly.

What is the Anantam Highways Trust shareholding pattern?

Only one quarter of Anantam Highways Trust's shareholding is on file so far, so there is no change to read yet. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

How far is Anantam Highways Trust from balance-sheet trouble?

For Anantam Highways Trust, the Z-score is 1.02. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.02 is inside the danger zone, so the balance sheet is a real risk.

How does Anantam Highways Trust rank in its industry?

63.0 out of 100, rank 1 of 12 in Infra/Real Estate Investment Trust, with 54% of the evidence available.

Anantam Highways Trust scores 63.0 out of 100 against the 12 companies it is compared with in Infra/Real Estate Investment Trust, ranking 1. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 22.1 + 19.1 + 16.8 + 5 = 63. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.

Which companies is Anantam Highways Trust compared with?

Anantam Highways Trust ranks 1 of 12 Infra/Real Estate Investment Trust companies on the 4-Factor Sector Score, with 63.0 out of 100.

  1. 1Anantam Highways Trust this pageANANTAM · losing its lead · Too little evidence to rank firmly · 54% evidence63.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.1/35 · Income — · Profit — · 26% evidenceCapital efficiency 19.1/25 · ROA 9.4% · ROE 16.8% · GNPA — · 68% evidenceValuation 16.8/20 · P/BV 0.96× · P/BV÷ROE 0.06 · 70% evidenceRelative strength 5.0/20 · Lead over its industry -6.5% · Lead over NIFTY 500 1.7% · 1 year -3.2% · 70% evidence · 4 of 12 weeks aheadExact sum: 22.1 + 19.1 + 16.8 + 5 = 63 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  2. 2Vertis Infrastructure TrustVERTIS · breaking out · Too little evidence to rank firmly · 52% evidence56.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Income 62.2% · Profit 51.5% · 45% evidenceCapital efficiency 13.9/25 · ROA — · ROE 9.5% · GNPA — · 34% evidenceValuation 5.5/20 · P/BV 2.71× · P/BV÷ROE 0.28 · 70% evidenceRelative strength 12.4/20 · Lead over its industry 0.8% · Lead over NIFTY 500 9.6% · 1 year 8.5% · 70% evidence · 9 of 12 weeks aheadExact sum: 24.3 + 13.9 + 5.5 + 12.4 = 56.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  3. 3Indus Infra TrustINDUSINVIT · leader · Evidence leans down · 67% evidence42.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 10.7/35 · Income -3.5% · Profit -20.6% · 45% evidenceCapital efficiency 15.1/25 · ROA 3.9% · ROE 7.9% · GNPA — · 68% evidenceValuation 8.5/20 · P/BV 1.21× · P/BV÷ROE 0.15 · 70% evidenceRelative strength 8.5/20 · Lead over its industry -0.4% · Lead over NIFTY 500 8.2% · 1 year 8.1% · 100% evidence · 6 of 12 weeks aheadExact sum: 10.7 + 15.1 + 8.5 + 8.5 = 42.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Knowledge Realty TrustKRT · quiet · Too little evidence to rank firmly · 36% evidence54.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.5/35 · Income — · Profit — · 0% evidenceCapital efficiency 14.4/25 · ROA 2.6% · ROE 10.6% · GNPA — · 68% evidenceValuation 15.0/20 · P/BV 1.07× · P/BV÷ROE 0.1 · 70% evidenceRelative strength 7.9/20 · Lead over its industry — · Lead over NIFTY 500 -2.5% · 1 year -5.4% · 25% evidence · 1 of 12 weeks aheadExact sum: 17.5 + 14.4 + 15 + 7.9 = 54.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  5. 5Capital Infra TrustCAPINVIT · leader · Too little evidence to rank firmly · 36% evidence53.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.5/35 · Income — · Profit — · 0% evidenceCapital efficiency 15.1/25 · ROA 4.3% · ROE 7.2% · GNPA — · 68% evidenceValuation 8.6/20 · P/BV 1.12× · P/BV÷ROE 0.16 · 70% evidenceRelative strength 12.5/20 · Lead over its industry — · Lead over NIFTY 500 12.3% · 1 year 3.1% · 25% evidence · 12 of 12 weeks aheadExact sum: 17.5 + 15.1 + 8.6 + 12.5 = 53.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  6. 6Maple Infrastructure TrustToo little evidence to rank firmly · 26% evidence50.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.0/43.75 · Income 100% · Profit -72.5% · 19% evidenceCapital efficiency 12.8/31.25 · ROA 3.8% · ROE -3.1% · GNPA — · 68% evidenceValuation 11.5/25 · P/BV 1.53× · P/BV÷ROE — · 10% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 26 + 12.8 + 11.5 = 50.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  7. 7RaajMarg Infra Investment TrustRIIT · breaking out · Too little evidence to rank firmly · 4% evidence49.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.9/43.75 · Income — · Profit — · 0% evidenceCapital efficiency 14.9/31.25 · ROA — · ROE — · GNPA — · 8% evidenceValuation 12.3/25 · P/BV 1.19× · P/BV÷ROE — · 10% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 21.9 + 14.9 + 12.3 = 49.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  8. 8Roadstar Infra Investment TrustROADSTAR · Too little evidence to rank firmly · 17% evidence45.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.0/43.75 · Income 9.4% · Profit 19.1% · 19% evidenceCapital efficiency 11.0/31.25 · ROA — · ROE -5.6% · GNPA — · 34% evidenceValuation 12.3/25 · P/BV 0.71× · P/BV÷ROE — · 10% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 22 + 11 + 12.3 = 45.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  9. 9Citius Transnet Investment TrustCITIUSINVT · breaking out · Too little evidence to rank firmly · 13% evidence42.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.3/43.75 · Income — · Profit — · 7% evidenceCapital efficiency 9.8/31.25 · ROA 0% · ROE — · GNPA — · 42% evidenceValuation 12.5/25 · P/BV — · P/BV÷ROE — · 0% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 20.3 + 9.8 + 12.5 = 42.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  10. 10TVS Infrastructure TrustTVSINVIT · Too little evidence to rank firmly · 23% evidence40.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.9/43.75 · Income — · Profit — · 0% evidenceCapital efficiency 14.5/31.25 · ROA — · ROE 1.8% · GNPA — · 34% evidenceValuation 4.3/25 · P/BV 1.27× · P/BV÷ROE 0.71 · 70% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 21.9 + 14.5 + 4.3 = 40.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  11. 11Bagmane Prime Office REITBAGMANE · breaking out · Too little evidence to rank firmly · 22% evidence38.3out of 100GrowthCapitalValuationRelative
  12. 12Nxt-Infra TrustNXT-INFRA · Too little evidence to rank firmly · 38% evidence33.2out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Infra/Real Estate Investment Trust, all 12 compared on one page.

Which companies are close to Anantam Highways Trust in size?

Anantam Highways Trust is the 11th largest of 11 Infra/Real Estate Investment Trust companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Indus Infra Trust, Citius Transnet Investment Trust, Nxt-Infra Trust, Capital Infra Trust, Roadstar Infra Investment Trust and TVS Infrastructure Trust. It is the smallest.

Infra/Real Estate Investment Trust companies close in size

  1. Indus Infra Trust ₹7,902 crore
  2. Citius Transnet Investment Trust ₹6,864 crore
  3. Nxt-Infra Trust ₹5,272 crore
  4. Capital Infra Trust ₹3,934 crore
  5. Roadstar Infra Investment Trust ₹2,778 crore
  6. TVS Infrastructure Trust ₹2,386 crore
  7. Anantam Highways Trust ₹2,209 crore

All 11 Infra/Real Estate Investment Trust companies, largest first

Companies close in size in other industries

  1. Rossari Biotech Ltd ₹2,212 crore · Seeds/Tissue Culture/Bio Technology
  2. Bluspring Enterprises Ltd ₹2,210 crore · Diversified
  3. Anantam Highways Trust ₹2,209 crore
  4. NIIT Learning Systems Ltd ₹2,208 crore · Computer Education
  5. Medi Assist Healthcare Services Ltd ₹2,205 crore · Insurance - Proxy

What else do people ask about Anantam Highways Trust?

What were Anantam Highways Trust's latest quarterly results?

Anantam Highways Trust reported revenue of ₹158 Cr and net profit of ₹52.0 Cr for the Sep 2026 quarter. Earnings per share were ₹2.41. The operating margin was 83.0% (as of 30 October 2026).

What is Anantam Highways Trust's market cap?

Anantam Highways Trust's market capitalisation is ₹2,209 Cr at a share price of ₹101.58. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 30 October 2026).

How is Anantam Highways Trust performing?

Anantam Highways Trust's share price has been stalling near its high for 18 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 9 weeks running. This describes what the data did, not a rating (as of 30 October 2026).

Will Anantam Highways Trust's share price go up?

This page does not forecast Anantam Highways Trust's share price. What it shows instead: the share price is ₹101.58, and it has been stalling near its high for 18 weeks. Its P/E of 7.1× is higher than 4% of its own last 0 years (as of 30 October 2026).

Where is Anantam Highways Trust in its business cycle?

Anantam Highways Trust's FY26 operating margin was 86.0%, against a 1-year range of 86.0% to 86.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 83.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 30 October 2026).

What could break the Anantam Highways Trust story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 30 October 2026).

Is Anantam Highways Trust a stock worth studying right now?

What the numbers show: Anantam Highways Trust's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 30 October 2026).

Is there a Anantam Highways Trust share price forecast for 2026?

What management itself guided: Maintain quarterly distribution at ₹2.75 per unit as base with gradual increase over time going forward.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 30 October 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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