Roadstar Infra Investment Trust (ROADSTAR) — share price & stock analysis
Profits are still -2382% below their best year, the market has pre-paid for the next leg.
Roadstar Infra Investment Trust (ROADSTAR) trades at ₹57.5 as of 10 June 2026, down 28% over the past year. The machine reads this as shrinking: profits are still -2382% below their best year, the market has pre-paid for the next leg. It trades at a P/E of 462×; the price is in Stage 4 — declining, 33 weeks in. Fundamentals-momentum score: 13/100 (deteriorating).
Data as of 10 June 2026 · every number traces to its Screener source column · not investment advice.
- Market cap
- ₹2,619 Cr
- ROE
- −6.3%
- Book value / share
- ₹86.0
- EPS (TTM)
- ₹-5.87
- 10-yr median P/E
- 414×
- Revenue (FY26)
- ₹1,157 Cr
- Profit after tax (FY26)
- ₹-273 Cr
- Weinstein stage
- Stage 4 (33 weeks)
- Data as of
- 10 June 2026
1 of the 5 things we track are currently moving the right way — most of the dashboard is red.
Where the levels actually stand: ROCE 2% — weak; real debt (0.84× equity). Momentum says which way things are moving; these say where they are.
Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.
A rally without earnings underneath it
Since Jul 2025, the stock is up 12% while earnings per share fell 4,615%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps
That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.
Data: Price, EPS and valuation
| Period | Price (₹) | EPS (TTM) (₹) | P/E (×) |
|---|---|---|---|
| Jul 25 | 64.0 | – | – |
| Jul 25 | 51.2 | 0.1 | – |
| Jul 25 | 60.0 | 0.1 | 461.5 |
| Aug 25 | 72.0 | 0.1 | 553.9 |
| Aug 25 | 72.0 | – | 553.9 |
| Sep 25 | 57.7 | – | 443.9 |
| Sep 25 | 55.0 | – | 423.1 |
| Sep 25 | 55.0 | – | 423.1 |
| Sep 25 | 53.6 | – | 412.6 |
| Sep 25 | 52.1 | – | 401.1 |
| Sep 25 | 53.0 | – | 408.1 |
| Sep 25 | 53.1 | – | 408.5 |
| Sep 25 | 53.0 | – | 407.7 |
| Sep 25 | 50.0 | – | 384.6 |
| Oct 25 | 53.8 | – | 414.0 |
| Oct 25 | 50.0 | – | 384.6 |
| Oct 25 | 53.0 | – | 407.7 |
| Oct 25 | 53.5 | – | 411.5 |
| Oct 25 | 55.0 | – | 423.1 |
| Oct 25 | 55.0 | – | 423.1 |
| Nov 25 | 60.0 | -2.3 | 461.5 |
| Dec 25 | 63.0 | – | – |
| Dec 25 | 68.0 | – | – |
| Dec 25 | 68.0 | – | – |
| Dec 25 | 70.0 | – | – |
| Dec 25 | 62.1 | – | – |
| Dec 25 | 60.7 | – | – |
| Jan 26 | 61.2 | – | – |
| Jan 26 | 68.0 | – | – |
| Feb 26 | 68.0 | – | – |
| Feb 26 | 60.0 | – | – |
| Feb 26 | 56.7 | – | – |
| Feb 26 | 59.5 | -2.3 | – |
| Feb 26 | 60.0 | – | – |
| Feb 26 | 60.0 | – | – |
| Feb 26 | 60.0 | – | – |
| Feb 26 | 60.0 | – | – |
| Mar 26 | 65.0 | – | – |
| Mar 26 | 65.0 | – | – |
| Mar 26 | 62.0 | – | – |
| Apr 26 | 65.0 | – | – |
| Apr 26 | 68.0 | – | – |
| Apr 26 | 61.0 | – | – |
| May 26 | 61.0 | – | – |
| May 26 | 61.4 | – | – |
| May 26 | 61.0 | – | – |
| May 26 | 62.1 | – | – |
| May 26 | 62.0 | – | – |
| May 26 | 62.0 | -5.9 | – |
| May 26 | 62.2 | – | – |
| May 26 | 62.5 | – | – |
| Jun 26 | 57.5 | – | – |
Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (414×).
The price is in a downtrend — fighting it is expensive
STAGE 4 · DECLINING · 33 WEEKSEvery stock cycles through the same four seasons — a flat base (stage 1), an advance (2), a top (3), a decline (4). Right now this one is in Stage 4: declining, 33 weeks in, confirmed.stage
The price is below its falling 200-day average — history says most of the damage in stocks happens here. Cheap can get cheaper in Stage 4.dma_200
What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200
Data: Weekly price, moving averages and stage
| Period | Price (₹) | 200-DMA (₹) | 50-DMA (₹) | Stage |
|---|---|---|---|---|
| Jul 25 | 80.0 | 80.0 | 80.0 | 4 |
| Jul 25 | 51.2 | 79.6 | 78.3 | 4 |
| Jul 25 | 60.0 | 79.4 | 77.5 | 4 |
| Aug 25 | 72.0 | 79.3 | 77.3 | 4 |
| Aug 25 | 72.0 | 79.2 | 77.1 | 4 |
| Sep 25 | 57.7 | 79.0 | 76.4 | 4 |
| Sep 25 | 55.0 | 78.5 | 74.7 | 4 |
| Sep 25 | 53.1 | 77.5 | 71.5 | 4 |
| Oct 25 | 53.8 | 76.8 | 69.3 | 4 |
| Oct 25 | 50.0 | 76.5 | 68.6 | 4 |
| Oct 25 | 53.5 | 76.0 | 67.4 | 4 |
| Oct 25 | 55.0 | 75.8 | 66.9 | 4 |
| Oct 25 | 55.0 | 75.6 | 66.4 | 4 |
| Nov 25 | 60.0 | 75.5 | 66.2 | 4 |
| Dec 25 | 68.0 | 75.3 | 66.1 | 4 |
| Dec 25 | 70.0 | 75.2 | 66.4 | 4 |
| Dec 25 | 62.1 | 75.0 | 66.2 | 4 |
| Jan 26 | 61.2 | 74.8 | 65.8 | 4 |
| Jan 26 | 68.0 | 74.7 | 65.9 | 4 |
| Feb 26 | 56.7 | 74.3 | 65.4 | 4 |
| Feb 26 | 59.5 | 74.2 | 65.1 | 4 |
| Feb 26 | 60.0 | 74.0 | 64.9 | 4 |
| Feb 26 | 60.0 | 73.6 | 64.4 | 4 |
| Mar 26 | 65.0 | 73.5 | 64.4 | 4 |
| Mar 26 | 65.0 | 73.4 | 64.4 | 4 |
| Mar 26 | 62.0 | 73.3 | 64.3 | 4 |
| Apr 26 | 68.0 | 73.2 | 64.5 | 4 |
| Apr 26 | 61.0 | 73.0 | 64.4 | 4 |
| May 26 | 61.0 | 72.9 | 64.2 | 4 |
| May 26 | 61.0 | 72.7 | 64.0 | 4 |
| May 26 | 62.1 | 72.6 | 63.9 | 4 |
| May 26 | 62.5 | 72.2 | 63.7 | 4 |
| Jun 26 | 57.5 | 72.0 | 63.4 | 4 |
The business is losing money
Over 3 years, sales went from ₹434 Cr to ₹1,157 Cr (about 39% a year), and profit from ₹−116 Cr to ₹−273 Cr.revenuenet_profit
Data: Revenue by year
| Period | Revenue (₹ Cr) |
|---|---|
| FY23 | 434 |
| FY24 | 688 |
| FY25 | 930 |
| FY26 | 1,157 |
Data: Profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| FY23 | -116 |
| FY24 | -19 |
| FY25 | -11 |
| FY26 | -273 |
Data: OPM % by year
| Period | OPM % (%) |
|---|---|
| FY23 | 46.3 |
| FY24 | 62.5 |
| FY25 | 58.9 |
| FY26 | 36.7 |
Sales declined 10% last quarter
Mar 26 sales were ₹287 Cr, down 10% on the same quarter last year.revenue
A shrinking topline puts the burden of the story on margins and one-offs — watch whether this is a pause or a slide.
Data: Quarterly sales
| Period | Revenue (₹ Cr) | YoY growth (%) |
|---|---|---|
| Jun 24 | 182 | – |
| Sep 24 | 165 | – |
| Dec 24 | 265 | – |
| Mar 25 | 318 | – |
| Jun 25 | 303 | 66.5 |
| Sep 25 | 280 | 69.7 |
| Dec 25 | 287 | 8.3 |
| Mar 26 | 287 | -9.7 |
Margins are compressing — 46% → 3% in a year
Of every ₹100 of sales, the company keeps ₹3.0 as operating profit (a year ago it kept ₹45.6).opm_pct
The gross margin barely moved (83% → 92%), so the change came from running costs — overheads are growing faster than sales.gpm_pctopm_pct
Data: Three margins, quarterly
| Period | Gross (%) | Operating (%) | Net (%) |
|---|---|---|---|
| Mar 24 | 98.4 | 82.0 | 19.1 |
| Jun 24 | 99.3 | 71.7 | 8.0 |
| Sep 24 | 99.2 | 29.4 | -37.8 |
| Dec 24 | 94.6 | 75.2 | 10.6 |
| Mar 25 | 83.3 | 45.6 | 2.7 |
| Jun 25 | 89.5 | 16.9 | -40.1 |
| Sep 25 | 87.4 | 56.6 | -8.9 |
| Dec 25 | 96.4 | 72.2 | 9.9 |
| Mar 26 | 92.3 | 3.0 | -54.3 |
The bottom line changed sign — read this one carefully
Mar 26 profit after tax was ₹−156 Cr, down 1,833% year on year.net_profit
Data: Quarterly profit after tax
| Period | PAT (₹ Cr) | YoY growth (%) |
|---|---|---|
| Jun 24 | 15.0 | – |
| Sep 24 | -62.0 | – |
| Dec 24 | 28.0 | – |
| Mar 25 | 9.0 | – |
| Jun 25 | -122 | -913.3 |
| Sep 25 | -25.0 | 59.7 |
| Dec 25 | 28.0 | 0.0 |
| Mar 26 | -156 | -1,833.3 |
The single biggest driver was margins giving way.
Data: Where the profit change came from (Mar 25 → Mar 26)
| Component | Effect (₹ Cr) |
|---|---|
| PAT Mar 25 | 9 |
| More sales | −14 |
| Thinner margins | −122 |
| Other income | +14 |
| Depreciation | −26 |
| Interest | +3 |
| Tax | −20 |
| PAT Mar 26 | -156 |
Does the profit turn into cash?
Data: Cash collected vs profit reported (annual)
| Period | Operating cash flow (₹ Cr) | Profit after tax (₹ Cr) |
|---|---|---|
| FY23 | 317 | -116 |
| FY24 | 625 | -19.0 |
| FY25 | 757 | -11.0 |
| FY26 | 849 | -273 |
The cash cycle is stable
One rupee now takes about 4 days to go out the door as materials and come back as collected cash.cash_conversion_cycle
Data: Days of cash locked up (annual)
| Period | Customers owe (debtor days) (days) | Stock on shelf (inventory days) (days) |
|---|---|---|
| FY23 | 11.0 | – |
| FY24 | 2.0 | – |
| FY25 | 5.0 | – |
| FY26 | 4.0 | 0.0 |
The asset base keeps compounding — this company builds
The productive asset base has gone from ₹3,855 Cr (FY23) to ₹6,847 Cr.fixed_assetscwip
The build is self-funded: the last 3 years' investing outflow (₹−6.0 Cr) fits inside the operating cash the business generated (₹2,231 Cr).investing_cash_flowoperating_cash_flow
Data: Assets in place vs under construction (annual)
| Period | Fixed assets (₹ Cr) | Under construction (CWIP) (₹ Cr) |
|---|---|---|
| FY23 | 3,855 | 0.0 |
| FY24 | 4,987 | 0.0 |
| FY25 | 7,044 | 399 |
| FY26 | 6,847 | 0.0 |
Carrying real debt
For every ₹100 shareholders have put in (and left in), the company has borrowed ₹84 — total borrowings have grown from ₹2,196 Cr to ₹3,306 Cr over the window.borrowings
Data: Total borrowings (annual)
| Period | Borrowings (₹ Cr) |
|---|---|
| FY23 | 2,196 |
| FY24 | 2,850 |
| FY25 | 3,669 |
| FY26 | 3,306 |
Data: Debt vs shareholders’ money (annual)
| Period | Debt ÷ equity (x) |
|---|---|
| FY23 | 0.9 |
| FY24 | 0.8 |
| FY25 | 0.8 |
| FY26 | 0.8 |
- Sales are NOT driving the profit move — revenue grew just −9.7% while profit moved much more. This is a margin-and-recovery story, which has a shorter runway than a volume story.revenuenet_profit
Interesting, not obvious
The numbers are genuinely mixed, and the price already assumes the good news continues.
Best thing in the data: free cash flow rising (₹499 Cr → ₹1,075 Cr).operating_cash_flow
Biggest worry: margins falling (45.6% → 3.1%).operating_profit
Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.
Straight answers from the data
What does Roadstar Infra Investment Trust do?
Incorporated in 2020, Roadstar Infra Investment Trust is a SEBI-registered Infrastructure Investment Trust.[1]. It is listed in the Infra/Real Estate Investment Trust sector with a market capitalisation of ₹2,619 Cr.
What is Roadstar Infra Investment Trust's share price?
As of 10 June 2026, Roadstar Infra Investment Trust trades at ₹57.5, down 28% over the past year, with a market capitalisation of ₹2,619 Cr. Prices are weekly closes from Screener data; this page refreshes with each weekly update.
What is Roadstar Infra Investment Trust's share price target?
Sector Alpha does not publish broker-style price targets. Our discounted-cash-flow model estimates Roadstar Infra Investment Trust's intrinsic value at ₹33.0 per share under base assumptions (bear ₹33.0, bull ₹42.0), against the current price of ₹57.5 — a 43% premium to model value. These are model estimates, not forecasts — treat them as one input alongside the valuation history below, not as a target.
Is Roadstar Infra Investment Trust stock overvalued or undervalued?
Roadstar Infra Investment Trust trades at a P/E of 462× (median 414×). A rally without earnings underneath it. Since Jul 2025, the stock is up 12% while earnings per share fell 4,615%. The difference is re-rating — investors paying more for the same rupee of profit. Note the short 0.9-year valuation record.
What did Roadstar Infra Investment Trust report in its latest quarterly results?
In its most recent reported quarter (Q4 FY26, quarter ended March 2026): Mar 26 sales were ₹287 Cr, down 10% on the same quarter last year. Mar 26 profit after tax was ₹−156 Cr, down 1,833% year on year. Figures are from Screener-scraped quarterly filings; the page updates when the next quarter is filed.
Is Roadstar Infra Investment Trust growing?
Sales declined 10% last quarter. Mar 26 sales were ₹287 Cr, down 10% on the same quarter last year.
Are Roadstar Infra Investment Trust's profits growing?
The bottom line changed sign — read this one carefully. Mar 26 profit after tax was ₹−156 Cr, down 1,833% year on year.
What are Roadstar Infra Investment Trust's operating margins?
Margins are compressing — 46% → 3% in a year. In the most recent quarter, of every ₹100 of sales, the company keeps ₹3.0 as operating profit (a year ago it kept ₹45.6).
What is Roadstar Infra Investment Trust's long-term growth record?
Revenue grew from ₹434 Cr in FY23 to ₹1,157 Cr in FY26 — a 38.7% compound annual growth rate over 3 years. Profit CAGR is not meaningful across this span — the company reported losses in FY23, FY24, FY25, FY26.
Is Roadstar Infra Investment Trust stock in an uptrend?
The price is in a downtrend — fighting it is expensive. Roadstar Infra Investment Trust is in Stage 4 — declining, 33 weeks in (confirmed). Stages follow Stan Weinstein's four-phase read of weekly price against the 200-day average: basing (1), advancing (2), topping (3), declining (4).
Why is Roadstar Infra Investment Trust stock falling?
The price is down 28% over the past year and the chart is in Weinstein Stage 4 (declining) — trading below its 200-day average. Since Jul 2025, the stock is up 12% while earnings per share fell 4,615%. The difference is re-rating — investors paying more for the same rupee of profit.
Does Roadstar Infra Investment Trust have too much debt?
Carrying real debt. For every ₹100 shareholders have put in (and left in), the company has borrowed ₹84 — total borrowings have grown from ₹2,196 Cr to ₹3,306 Cr over the window.
What is the bull case for Roadstar Infra Investment Trust?
Profits are still -2382% below their best year, the market has pre-paid for the next leg. Best thing in the data: free cash flow rising (₹499 Cr → ₹1,075 Cr). Sales declined 10% last quarter.
What is the bear case for Roadstar Infra Investment Trust — what could break the story?
Biggest worry: margins falling (45.6% → 3.1%). Two quarters of free cash flow reversing would kill this story. This falsification condition is stated up front so the thesis can be checked against incoming quarters, not defended after the fact.
Is Roadstar Infra Investment Trust a stock worth studying right now?
Sector Alpha does not publish buy or sell recommendations — this is a research read, not advice. What the data says: interesting, not obvious. The numbers are genuinely mixed, and the price already assumes the good news continues. Across the 7-model scorecard the composite research signal is on watch at 40% confidence. This is machine-written research compiled from Screener data — every number traces to its source — and it is not investment advice. Do your own diligence.