Capital Infra Trust
CAPINVITCapital Infra Trust's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk.
The price is in a downtrend (72 weeks in). Underneath, the last four quarters read improving. What settles it: the next one or two quarters of delivery.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Capital Infra Trust trades at ₹74.1, in a downtrend and 72 weeks into that stage. That is +0.1% against its own 200-day average. It sits at 60% of a 52-week range of ₹67 to ₹79. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).
Today the stock is in a downtrend — week 72 of stage 4. At ₹74.1 it trades +0.1% versus its 200-day average and sits at 60% of its 52-week range (₹67–₹79).
Against the market, two honest reads. Cumulative: over the last 1.5 years the stock moved −25% while the NIFTY 500 moved +10% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-07-24) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Capital Infra Trust trades at 6.5× P/E, against too little history to rank. Its long-run median P/E is 16.7×, measured across 0.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 6.5× is against too little history to rank, against a long-run median of 16.7× measured over 0.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Capital Infra Trust reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +420.8% | — | — | — |
| Share price | −8.2% | — | — | — |
4-Factor Sector Score
38.7/100 — rank 9 of 9 in Infra/Real Estate Investment Trust · 45% evidence confidence · provisional, ranked below fully-evidenced peers
Capital Infra Trust scores 38.7 out of 100 against the 9 companies it is compared with in Infra/Real Estate Investment Trust, ranking 9. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
The four contributions add to the total exactly: 17.5 + 7.6 + 8.6 + 5 = 38.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Capital Infra Trust reported ₹259 Cr of revenue in the Jun 26 quarter, +37.0% year on year. That is the 2nd straight quarter of year-on-year growth. Over 1 years it has compounded at 420.8% a year. The last full year, FY26, came in at ₹828 Cr. The last four reported quarters add to ₹899 Cr.
FY26 revenue came in at ₹828 Cr (+420.8% on the year), capping 1 years at 420.8% compound. The latest quarter (Jun 26) printed ₹259 Cr, +37.0% year on year — the 2nd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +57.5% growth against the decade's 420.8% — the current year is running slower than its own long-run rate.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Capital Infra Trust's operating margin is 56.0% in the Jun 26 quarter, +99.0 percentage points against the same quarter a year ago.
The latest quarter's operating margin is 56.0%, +99.0 pp against the same quarter a year ago. Across 2 fiscal years the operating margin has ranged −1.7%–37.0%.
Why the margin moved: operating margin went +98.7 pp year on year while gross margin went +0.0 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Capital Infra Trust earned ₹126 Cr of net profit in the Jun 26 quarter. Full-year FY26 profit was ₹211 Cr. That is 48.6% of the quarter's revenue. The same quarter a year earlier lost ₹74.0 Cr.
Jun 26 profit was ₹126 Cr, null year on year. On the full year, FY26 printed ₹211 Cr (null).
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Capital Infra Trust's cash-flow history is too thin to judge how much reported profit converts into cash. In FY26 that was ₹1,025 Cr of operating cash against ₹211 Cr of profit. After ₹0.0 Cr of capital spending, ₹1,025 Cr was left as free cash. Cash resolution here is annual, because quarterly cash statements are not published.
FY26: operating cash of ₹1,025 Cr against reported profit of ₹211 Cr, leaving free cash of ₹1,025 Cr after ₹0.0 Cr of capital spending.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Capital Infra Trust's cash conversion cycle runs 18 days in FY26, down from 66 days in FY25. Capital spending ran ₹0.0 Cr over the last 1 years. At FY26 sales of ₹828 Cr each day of that cycle holds about ₹2.3 Cr, so roughly ₹41.0 Cr sits inside the business at any moment.
FY26: debtors at 18 days (an asset-light business — no inventory to speak of) — for a full cycle of 18 days, tighter than FY25's 66.
In money terms: at FY26 sales of ₹828 Cr, each day of the cycle holds about ₹2.3 Cr — so the 18-day loop keeps roughly ₹41.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹0.0 Cr over the last 1 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Capital Infra Trust earns a ROCE of 7% in FY26. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 25.5% net margin on 0.13× asset turns.
FY26 ROCE is 7%.
Why the return is what it is — the wiring (FY26): 25.5% net margin × 0.13× asset turns × 1.91× balance-sheet leverage ≈ 6.3% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 105% on reported income across 1 comparable period. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Capital Infra Trust carries ₹2,961 Cr of borrowings against ₹3,461 Cr of equity in FY26, a debt-to-equity of 0.86. Operating profit covers the interest bill 2×. Over 1 years borrowings went from ₹2,363 Cr to ₹2,961 Cr. Capital spending ran ₹0.0 Cr across the last 1 of those years.
FY26: borrowings of ₹2,961 Cr against equity of ₹3,461 Cr — a debt-to-equity of 0.86. Operating profit covers the interest bill 2×. Over 1 years borrowings went from ₹2,363 Cr to ₹2,961 Cr while capital spending ran ₹0.0 Cr in just the last 1 — part of the build-out is riding on borrowed money.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Capital Infra Trust moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — .
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Capital Infra Trust: the Z-score is withheld — it comes from the second data source this page could not reconcile, and a solvency score is not worth printing on a number two sources dispute. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
The safety line in one sentence: the Z-score is withheld — it comes from the second data source this page could not reconcile, and a solvency score is not worth printing on a number two sources dispute.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Indus Infra TrustINDUSINVIT | 49.3/100Mixed-negative evidence67% evidence | TURNING | 9.6/35 Income -9.1% · PAT -20.6% 45% evidence | 17.1/25 ROA 5.1% · ROE 7.9% · GNPA — 68% evidence | 8.3/20 P/BV 1.23× · P/BV÷ROE 0.15 70% evidence | 14.3/20 RS sector 3.2% · RS bench 6.8% · 1Y 15.3%1 of 12 weeks ahead 100% evidence |
| Exact sum: 9.6 + 17.1 + 8.3 + 14.3 = 49.3 · Decision use: Price leads the evidence: RS versus the benchmark is 6.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 2Anantam Highways TrustANANTAM | 66.6/100Thin evidence · provisional38% evidence | ASLEEP | 20.8/35 Income — · PAT — 19% evidence | 19.1/25 ROA 11.2% · ROE 16.8% · GNPA — 68% evidence | 16.7/20 P/BV 0.99× · P/BV÷ROE 0.06 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —1 of 12 weeks ahead 0% evidence |
| 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. | ||||||
| 3Vertis Infrastructure TrustVERTIS | 57.5/100Thin evidence · provisional41% evidence | ASLEEP | 26.5/35 Income 62.2% · PAT 51.5% 52% evidence | 14.3/25 ROA — · ROE 9.5% · GNPA — 34% evidence | 6.7/20 P/BV 2.49× · P/BV÷ROE 0.26 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 12 weeks ahead 0% evidence |
| Exact sum: 26.5 + 14.3 + 6.7 + 10 = 57.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 4Maple Infrastructure Trust543925 | 48.9/100Thin evidence · provisional17% evidence | 20.8/35 Income 93.1% · PAT 2.5% 19% evidence | 8.8/25 ROA — · ROE -3.1% · GNPA — 34% evidence | 9.3/20 P/BV 1.5× · P/BV÷ROE — 10% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 2 weeks ahead 0% evidence | |
| 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. | ||||||
| 5Nxt-Infra TrustNXT-INFRA | 45.5/100Thin evidence · provisional23% evidence | 17.5/35 Income — · PAT — 0% evidence | 11.8/25 ROA — · ROE 3.8% · GNPA — 34% evidence | 6.2/20 P/BV 1.13× · P/BV÷ROE 0.3 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 2 weeks ahead 0% evidence | |
| 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. | ||||||
| 6Knowledge Realty TrustKRT | 45.1/100Thin evidence · provisional47% evidence | ASLEEP | 24.5/35 Income — · PAT 6866.7% 45% evidence | 6.8/25 ROA 0.7% · ROE 1.7% · GNPA — 68% evidence | 3.8/20 P/BV 1.21× · P/BV÷ROE 0.72 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y 10.6%0 of 9 weeks ahead 0% evidence |
| Exact sum: 24.5 + 6.8 + 3.8 + 10 = 45.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7Roadstar Infra Investment TrustROADSTAR | 44.5/100Thin evidence · provisional26% evidence | 16.2/35 Income 24.4% · PAT -80% 45% evidence | 8.5/25 ROA — · ROE -5.6% · GNPA — 34% evidence | 9.8/20 P/BV 0.7× · P/BV÷ROE — 10% evidence | 10.0/20 RS sector — · RS bench — · 1Y 0%2 of 5 weeks ahead 0% evidence | |
| Exact sum: 16.2 + 8.5 + 9.8 + 10 = 44.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 8TVS Infrastructure TrustTVSINVIT | 43.9/100Thin evidence · provisional23% evidence | 17.5/35 Income — · PAT — 0% evidence | 11.8/25 ROA — · ROE 1.8% · GNPA — 34% evidence | 4.6/20 P/BV 1.22× · P/BV÷ROE 0.68 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y 12.7%0 of 1 week ahead 0% evidence | |
| Exact sum: 17.5 + 11.8 + 4.6 + 10 = 43.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 9Capital Infra Trustthis pageCAPINVIT | 38.7/100Thin evidence · provisional45% evidence | TURNING | 17.5/35 Income — · PAT — 0% evidence | 7.6/25 ROA 0.1% · ROE 7.2% · GNPA — 68% evidence | 8.6/20 P/BV 1.05× · P/BV÷ROE 0.15 70% evidence | 5.0/20 RS sector -15% · RS bench -1.1% · 1Y -9.6%0 of 10 weeks ahead 70% evidence |
| Exact sum: 17.5 + 7.6 + 8.6 + 5 = 38.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. 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 curve the sector itself 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 widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Capital Infra Trust's share price today?
Capital Infra Trust trades at ₹74.1, −8.2% over the past year. The company is valued at ₹2,661 Cr. The stock sits at 60% of its 52-week range of ₹67–₹79, +0.1% versus its 200-day average. On the tape, the price is in a downtrend, 72 weeks in. — as of 31 July 2026.
What were Capital Infra Trust's latest quarterly results?
Capital Infra Trust reported revenue of ₹259 Cr and net profit of ₹126 Cr for the Jun 26 quarter. Earnings per share were ₹2.56. The operating margin was 56.0%, 99.0 pp higher than a year earlier. — as of 31 July 2026.
What is Capital Infra Trust's revenue?
Capital Infra Trust reported revenue of ₹259 Cr in the Jun 26 quarter, +37.0% year on year. For the full FY26 fiscal year, revenue was ₹828 Cr (+420.8%). Over the last 1 years revenue compounded at 420.8% a year. — as of 31 July 2026.
What is Capital Infra Trust's profit?
Capital Infra Trust earned ₹126 Cr of net profit in the Jun 26 quarter. Full-year FY26 profit was ₹211 Cr. The operating margin ran 56.0% in the latest quarter. — as of 31 July 2026.
What is Capital Infra Trust's market cap?
Capital Infra Trust's market capitalisation is ₹2,661 Cr at a share price of ₹74.1. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
Does Capital Infra Trust pay a dividend?
No — Capital Infra Trust has recorded a dividend payout of 0% of profit in each of its last 2 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 31 July 2026.
How is Capital Infra Trust performing?
Capital Infra Trust is in a downtrend, 72 weeks in. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 31 July 2026.
Is Capital Infra Trust in an uptrend?
No — the price is in a downtrend (week 72 of stage 4), trading +0.1% versus its 200-day average and at 60% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is Capital Infra Trust beating the market?
Not lately — on a trailing-13-week view Capital Infra Trust is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-07-24), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.5 years the stock moved −25% against the NIFTY 500's +10% — behind the index over the full window. — as of 31 July 2026.
Will Capital Infra Trust's share price go up?
This page publishes no price forecast for Capital Infra Trust. What it measures instead: the share price is ₹74.1, the price is in a downtrend 72 weeks in. Direction is not something this site claims to know. — as of 31 July 2026.
Does Capital Infra Trust have too much debt?
It is moderate — Capital Infra Trust's debt-to-equity is 0.86, and operating profit covers the interest bill 2×. FY26 borrowings were ₹2,961 Cr against equity of ₹3,461 Cr. Read the returns on this page with that leverage in mind — as of 31 July 2026.
What is Capital Infra Trust's capex?
Capital Infra Trust spent ₹0.0 Cr on capital expenditure over the last 1 fiscal year, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹0.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Capital Infra Trust's cash flow?
Capital Infra Trust generated ₹1,025 Cr of operating cash flow in FY26 and ₹1,025 Cr of free cash flow after ₹0.0 Cr of capital spending. Reported profit that year was ₹211 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Where is Capital Infra Trust in its business cycle?
Capital Infra Trust's FY26 operating margin was 37.0%, against a 2-year band of −1.7%–37.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 56.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Capital Infra Trust story?
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is Capital Infra Trust a stock worth studying right now?
This is not investment advice. The machine read: Capital Infra Trust's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.