Transport Infrastructure sector

Industry analysis

Road AssetsToll, Annuity, Hybrid-Annuity

Read from what its listed companies are showing. Valuations are compared within this industry.

Mixed

17 listed companies · ₹ 1,22,238 Cr. total market value
  • ▲69% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 6.6%. 35% made a loss.
  • ●No credit rating changes in the last 90 days.
  • –8 good and 1 bad company announcements, including 7 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
  • ▼The typical share is down 1.5% in 3 months; 13% of shares trade above their 200-day average (their usual level).
  • –Typical P/E 21.1, close to these companies' usual level.
  • –No shares issued in 90 days; 1 more fund raise on the way.

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Road AssetsToll, Annuity, Hybrid-Annuity share against the typical share on the market, both starting at 100. Now 97 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

No company here passes every test right now.

Cheaper than peers across the whole market

Leaders and laggards

Companies

Click a column to sort.

Road AssetsToll, Annuity, Hybrid-Annuity companies
Signs (90 days)
National Highways Infra Trust
NHIT
Road AssetsToll, Annuity, Hybrid-Annuity₹ 35,927.65 Cr.+28.3%+93.4%40.6−2.3%
Raajmarg Infra Investment Trust
RIIT
Road AssetsToll, Annuity, Hybrid-Annuity₹ 23,816 Cr.———+2.3%
Cube Highways Trust
CUBEINVIT
Road AssetsToll, Annuity, Hybrid-Annuity₹ 20,515.88 Cr.+19.4%—74.6−1.4%
Vertis Infrastructure Trust
VERTIS
Road AssetsToll, Annuity, Hybrid-Annuity₹ 17,251.57 Cr.+26.9%+163.1%19.9+2%
IRB InvIT Fund
IRBINVIT
Road AssetsToll, Annuity, Hybrid-Annuity₹ 7,819.04 Cr.+69.1%−21%31.9−1.5%
Indus Infra Trust
INDUSINVIT
Road AssetsToll, Annuity, Hybrid-Annuity₹ 7,576.47 Cr.+53.2%+6.6%19.5−4.4%
Maple Inf. Trust
543925
Road AssetsToll, Annuity, Hybrid-Annuity₹ 6,855.21 Cr.+172.7%Loss10+1.8%
BF Utilities
BFUTILITIE
Road AssetsToll, Annuity, Hybrid-Annuity₹ 1,527.24 Cr.+1.9%Loss11.3−24.4%
Innovision Ltd
INNOVISION
Road AssetsToll, Annuity, Hybrid-Annuity₹ 447.93 Cr.+18.3%Loss26.3−32.4%
Big order won
Highway Infrastructure
HILINFRA
Road AssetsToll, Annuity, Hybrid-Annuity₹ 385.57 Cr.+170.9%−85.3%21.1+60.2%
Big order won
Noida Toll Bridge Company
NOIDATOLL
Road AssetsToll, Annuity, Hybrid-Annuity₹ 62.88 Cr.+8.2%+28.5%2.4−18.4%
Gayatri Highways
GAYAHWS
Road AssetsToll, Annuity, Hybrid-Annuity₹ 40.59 Cr.—Loss44.1−18.5%
Senior exit
MEP Infrastructure Developers
MEP
Road AssetsToll, Annuity, Hybrid-Annuity₹ 12.11 Cr.0%Loss33.6+25%
Anantam Highways
ANANTAM
Road AssetsToll, Annuity, Hybrid-Annuity———7.1−3.4%
Citius Transnet
CITIUSINVT
Road AssetsToll, Annuity, Hybrid-Annuity——Loss—+2%
Roadstar Infra Investment Trust
ROADSTAR
Road AssetsToll, Annuity, Hybrid-Annuity—−2.3%—9.2—
Interise
INTERISE
Road AssetsToll, Annuity, Hybrid-Annuity—−2.9%+14.3%252.1—

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.