Cube Highways Trust
Cube Highways Trust is India's leading infrastructure investment trust (InvIT) in the roads and highways sector.
- Market Cap ₹ 12,903 Cr.
- Current Price ₹ 100
- High / Low ₹ 100 / 100
- Stock P/E 38.2
- Book Value ₹ 109
- Dividend Yield %
- ROCE 9.57 %
- ROE 4.84 %
- Face Value ₹
Pros
- Stock is trading at 0.92 times its book value
Cons
- Company has low interest coverage ratio.
- Working capital days have increased from -75.0 days to 73.6 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Investment Trusts Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 1,327 | 1,629 | 2,055 | 0 | 1,885 | |
| 532 | 750 | 1,113 | 28 | 715 | |
| Operating Profit | 795 | 878 | 942 | -28 | 1,169 |
| OPM % | 60% | 54% | 46% | 62% | |
| 62 | 376 | 102 | 0 | 12 | |
| Interest | 684 | 1,042 | 1,394 | 0 | 829 |
| Depreciation | 326 | 378 | 549 | 0 | 0 |
| Profit before tax | -152 | -165 | -899 | -28 | 353 |
| Tax % | -12% | 46% | -8% | 0% | 1% |
| -134 | -241 | -825 | -28 | 348 | |
| EPS in Rs | 2.70 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 40% |
| TTM: | 1316% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 734 | 779 | 852 | 0 | 14,477 |
| Reserves | 252 | -488 | -868 | -29 | -475 |
| 6,040 | 12,369 | 13,024 | 0 | 10,515 | |
| 1,538 | 3,315 | 2,472 | 29 | 23 | |
| Total Liabilities | 8,565 | 15,976 | 15,481 | 0 | 24,540 |
| 6,401 | 12,165 | 11,995 | 0 | 0 | |
| CWIP | 971 | 1,044 | 726 | 0 | 0 |
| Investments | 22 | 116 | 0 | 0 | 10,324 |
| 1,170 | 2,651 | 2,759 | 0 | 14,216 | |
| Total Assets | 8,565 | 15,976 | 15,481 | 0 | 24,540 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 895 | 1,356 | 863 | 0 | -68 | |
| -335 | -6,193 | -276 | 0 | -12,642 | |
| -661 | 5,366 | 183 | 0 | 12,711 | |
| Net Cash Flow | -100 | 530 | 770 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 18 | 17 | 13 | 0 | |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 18 | 17 | 13 | 0 | |
| Working Capital Days | -224 | -354 | -224 | 74 | |
| ROCE % | 6% | 4% | -0% | 10% |