ScoreWhy is National Highways Infra Trust ?
1
Poor Management Efficiency with a low ROCE of 3.77%
- The company has been able to generate a Return on Capital Employed (avg) of 3.77% signifying low profitability per unit of total capital (equity and debt)
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.93 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.93 times
- The company has been able to generate a Return on Equity (avg) of 2.62% signifying low profitability per unit of shareholders funds
3
Healthy long term growth as Net Sales has grown by an annual rate of 92.03% and Operating profit at 86.63%
4
The company has declared Positive results for the last 3 consecutive quarters
- OPERATING CF(Y) Highest at Rs 2,098.67 Cr
- NET SALES(9M) Higher at Rs 2,671.28 cr
- PAT(9M) Higher at Rs 374.07 Cr
5
With ROCE of 3.7, it has a Very Expensive valuation with a 1.2 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 12.60%, its profits have risen by 52.1% ; the PEG ratio of the company is 22.8
- At the current price, the company has a high dividend yield of 4.7
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to National High should be less than 10%
- Overall Portfolio exposure to Construction should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
No Data Found
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
83.90%
EBIT Growth (5y)
75.37%
EBIT to Interest (avg)
1.42
Debt to EBITDA (avg)
7.40
Net Debt to Equity (avg)
1.02
Sales to Capital Employed (avg)
0.09
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
79.93%
ROCE (avg)
4.10%
ROE (avg)
2.13%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
41
Industry P/E
32
Price to Book Value
1.40
EV to EBIT
27.16
EV to EBITDA
15.70
EV to Capital Employed
1.20
EV to Sales
12.56
PEG Ratio
0.38
Dividend Yield
6.25%
ROCE (Latest)
4.41%
ROE (Latest)
3.38%
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TechnicalsTechnical key factors
No Data found
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend22What is working for the Company
PBT LESS OI(Q)
At Rs 109.99 cr has Grown at 61.9% (vs previous 4Q average
DPS(Y)
Highest at Rs 11.33
NET SALES(Q)
Highest at Rs 1,311.87 cr
PBDIT(Q)
Highest at Rs 1,036.61 cr.
PAT(Q)
At Rs 234.50 cr has Grown at 36.8% (vs previous 4Q average
-3What is not working for the Company
DEBT-EQUITY RATIO(HY)
Highest at 1.05 times
INTEREST(Q)
Highest at Rs 480.22 cr
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Here's what is working for National High
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 109.99 cr has Grown at 61.9% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 67.95 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
Highest at Rs 1,311.87 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 1,311.87 cr has Grown at 22.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 1,068.52 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 1,036.61 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 234.50 cr has Grown at 36.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 171.38 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Dividend per Share (DPS) - Annually
Highest at Rs 11.33
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (Rs)
Here's what is not working for National High
Debt-Equity Ratio - Half Yearly
Highest at 1.05 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Interest - Quarterly
Highest at Rs 480.22 cr
in the last five quarters and Increased by 20.73 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
