Cube Highways Trust Declares Strong H1 FY26 Results; Announces DPU of ₹ 3.60 per Unit for Q2

Cube Highways Trust ("Cube InvIT") [NSE/BSE: CUBEINVIT/543899], managed by Cube Highways Fund Advisors Pvt. Ltd. (the "Investment Manager"), today announced its results for the half year ended September 30, 2025. The Trust has reported strong performance, with total distribution of ₹ 484 crores for the quarter, comprising of ₹ 2.72 per unit as interest, ₹ 0.54 per unit as dividend, ₹ 0.32 per unit as return of capital and ₹ 0.02 per unit as treasury income. The Board of Directors of the Investment Manager has approved a Distribution Per Unit (DPU) of ₹ 3.60 for the quarter in its meeting held today. The total FY26 H1 distribution amounts to ₹ 820 crores, with a cumulative DPU of ₹ 6.10.

Pankaj Vasani, Group CFO of Cube InvIT, stated: "We are pleased to report another strong performance in the first half of FY2026, on the back of sustained momentum across our key toll assets, full receipt of all due annuities and successful integration of recently acquired assets. Revenue from operations stood at ₹ 19,959 Mn, up 23.85% year-on-year, with total consolidated income at ₹ 20,652 Mn. Traffic trends remained stable to positive across most corridors, driving Q2 toll revenue growth of 9.8% YoY and traffic growth of 7.2% YoY.

EBITDA improved to ₹ 15,116 Mn, up 29.83% YoY, driven by continued operational optimisation, efficiency gains, and strong cost discipline. Liquidity remained robust with Net Debt at ₹ 173 Bn, maintaining a Net Debt/EV ratio of 47.37%, which further provides significant headroom to continue evaluating value-accretive opportunities as and when they arise. Total Assets Under Management (AUM) stood at ₹ 365 Bn.

As we move into the second half of FY2026, we remain confident in our ability to sustain this momentum. Our priorities are clear - executing our strategy with discipline, driving operational excellence, and delivering long-term value for our Unitholders".

Cube InvIT continues to maintain AAA/Stable credit ratings from CRISIL, India Ratings, and ICRA.

The record date for the distribution is November 4, 2025, and the distribution payout will be made on or before November 12, 2025.

Shares of Cube Highways Trust was last trading in BSE at Rs. 135.40 as compared to the previous close of Rs. 135.49. The total number of shares traded during the day was 500000 in over 8 trades.

The stock hit an intraday high of Rs. 135.45 and intraday low of 135.40. The net turnover during the day was Rs. 67707500.00.

Source : Equity Bulls

Keywords

CubeHighwaysTrust INE0NR623014 RoadAssets Annuity Toll CubeInvIT H1FY26 ResultUpdate