National Highways Infra Trust
National Highways Infra Trust (NHIT) is an NHAI-sponsored, publicly listed Infrastructure Investment Trust that acquires and operates operational national highway stretches in India, generating toll revenue and recycling capital to NHAI for new infrastructure development.
- Company typePublic
- Founded2021
- HeadquartersDelhi, India
- Headcount101–250
- GTM typeB2B
- OfferingServices
What National Highways Infra Trust does
National Highways Infra Trust (NHIT) is a publicly listed Infrastructure Investment Trust (InvIT) sponsored by India's National Highways Authority of India (NHAI). Established in 2021 as part of the government's National Monetisation Pipeline, NHIT acquires, owns, and operates operational national highway stretches in India, collecting toll revenue over long-term concession periods and recycling capital back to NHAI for new infrastructure development. The trust's portfolio spans multiple Indian states including Maharashtra and Andhra Pradesh, with total assets monetized through NHIT reaching approximately Rs 49,858 crore across four completed fundraising rounds.
NHIT generates revenue primarily through toll collections from its portfolio of operational highway assets, supplemented by capital recycling as it acquires additional stretches from NHAI. Capital is raised through public issues, private placements, and continuous market participation on the National Stock Exchange of India (NSE), where units trade under the symbol NHIT. The unitholder base exceeds 700 investors, including large pension funds (CPP Investments, Ontario Teachers' Pension Plan, EPFO via the related Raajmarg InvIT) and domestic private equity (Premji Invest). For full-year FY2026, standalone revenue reached Rs 5,026.65 crore (up 80.81% year-over-year), with net profit of Rs 3,531.15 crore and an operating profit margin of 77.36% in Q4 FY2026. Market capitalization stood at approximately Rs 31,764 crore as of March 2026.
NHIT is a traditional infrastructure investment vehicle with no proprietary technology platform or AI/ML capabilities. Its competitive position rests on NHAI sponsorship, preferential access to the National Monetisation Pipeline, the scale of its asset base, and long-term concession cash flow visibility. The trust does not operate a software product, marketplace, or data business; value creation derives from efficient acquisition of operational toll assets and disciplined capital recycling.
National Highways Infra Trust firmographics
Firmographics- Name
- National Highways Infra Trust
- Legal name
- National Highways Infra Trust
- Website
- https://nhit.co.in
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- National Highways Infra Trust (NHIT) is an NHAI-sponsored, publicly listed Infrastructure Investment Trust that acquires and operates operational national highway stretches in India, generating toll revenue and recycling capital to NHAI for new infrastructure development.
- Ownership category
- akta.pro rank
National Highways Infra Trust industry classification
Industry- Product category
- Infrastructure Investment Trust (Highway Assets)
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599), Trusts, Estates, and Agency Accounts (52592)
- SIC
- Real Estate Investment Trusts (6798), Investors, Nec (6799)
- akta.pro primary industry
- Infrastructure — Development (Greenfield) (FSAAAKAF)
- akta.pro secondary industries
- Pavement & Surface Asset Management (Resurfacing, Markings, Pothole Repair) (TLAJAAAD), Road & Highway Authorities (Planning, Construction, Maintenance) (BPAIALAA)
Keywords
Where National Highways Infra Trust is headquartered
LocationHeadquarters
- HQ city
- Delhi
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
National Highways Infra Trust business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Others
Revenue model
- Toll Revenue from Highway Assets: The trust generates revenue through toll collections from its portfolio of operational national highway stretches. For Q4 FY2026, sales reached Rs 1,145.46 crore with an operating profit margin of 77.36%.
- Asset Monetization: Revenue from acquiring additional highway assets from NHAI and monetizing them through the InvIT structure. The trust has acquired assets worth nearly Rs 50,000 crore through various monetization transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Market-traded units on NSE |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
National Highways Infra Trust product offering
Product offeringCore offering
National Highways Infra Trust (NHIT) is an Infrastructure Investment Trust (InvIT) sponsored by the National Highways Authority of India (NHAI) that acquires, owns, and operates operational national highway assets, generating revenue through toll collections on these stretches. The trust raises capital from institutional and retail investors via listed units on the NSE and recycles proceeds back to NHAI for new highway infrastructure development.
Product overview
National Highways Infra Trust (NHIT) is an Infrastructure Investment Trust (InvIT) sponsored by the National Highways Authority of India (NHAI). Established in 2021 as part of the government's National Monetisation Pipeline, NHIT operates as a financial vehicle that acquires, owns, and manages operational national highway assets. The trust monetizes highway sections from NHAI's portfolio, collecting toll revenue from these assets while recycling capital back to NHAI for new infrastructure development. NHIT does not offer a technology product or platform; it is a traditional infrastructure investment trust focused on highway asset ownership and toll revenue generation.
Differentiator
Problem solved
Functional benefit
Products and services
- NHIT InvIT Units
- Highway Asset Acquisition and Monetisation
Companies that use National Highways Infra Trust
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles3 records
National Highways Infra Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
National Highways Infra Trust partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- National Highways Authority of India (NHAI)flagshipNHAI is the sponsor of NHIT and the source of highway assets for monetization. NHAI accepted NHIT's Rs 6,220.90 crore offer for two highway sections totaling 310.35 km in Maharashtra and Andhra Pradesh. Total assets monetized through NHIT reach Rs 49,858 crore.
Scale indicators8 records
Recent moves1 record
Expansion highlights6 records
National Highways Infra Trust competitors and assessment
Company assessmentDirect peers
- Raajmarg Infra Investment Trust: The second NHAI-sponsored InvIT in India, also focused on monetising national highway stretches. Directly comparable because it shares the same sponsor (NHAI), the same regulatory framework, and competes for the same pool of monetisable highway assets.
- IRB Infrastructure Trust: India's first private InvIT sponsored by IRB Infrastructure Developers, holding toll road assets. Directly comparable as a road-focused InvIT with toll revenue streams serving institutional and retail investors via listed units.
- Oriental Infra Trust: Road-focused InvIT sponsored by Oriental Structural Engineers / Oriental Structural Developers. Comparable in structure (InvIT holding toll/annuity road concessions) and in serving institutional unitholders seeking infrastructure yield in India.
- Gawar Construction Trust: InvIT sponsored by Gawar Construction Limited, focused on road and highway concessions. Comparable as a private InvIT vehicle monetising road assets from a sponsor-developer pipeline.
- India Infrastructure Trust: InvIT sponsored by L&T Infrastructure Development Projects (a subsidiary of Larsen & Toubro). Directly comparable as a listed infrastructure investment trust aggregating road and related infra assets.
- Powergrid Infrastructure Investment Trust: InvIT sponsored by Power Grid Corporation of India, holding inter-state power transmission assets. Comparable as a government-sponsored, listed InvIT providing infra yield to institutional investors, though in a different sub-sector.
- India Grid Trust: India's first power-sector InvIT, sponsored by Sterlite Power. Comparable structure (listed InvIT aggregating operating infrastructure assets) and similar investor base of pension funds and institutional capital.
Broad incumbents
- Brookfield India Infrastructure Trust: A Brookfield-sponsored infrastructure trust operating in India, with a broader portfolio mandate including power transmission, renewable, and related assets. Comparable as a listed infrastructure yield vehicle, though multi-asset and from a global sponsor.
- Transurban: Global toll-road operator with major concessions in Australia and North America. Comparable as a large-scale, listed toll-road investment vehicle, though more mature and geographically diversified than NHIT.
- Atlas Arteria: Listed toll-road investment company focused on the APRR (France) and Dulles Greenway (US) concessions. Comparable as a publicly traded, road-focused infrastructure yield vehicle with long-duration concession assets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
National Highways Infra Trust social profiles
Digital presenceNational Highways Infra Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
National Highways Infra Trust leadership team
Management profileNumber of profiles
Profiles1 record
National Highways Infra Trust funding detail
Funding detailFunding overview
Funding rounds4 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National Highways Infra Trust M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about National Highways Infra Trust
What does National Highways Infra Trust do?
National Highways Infra Trust (NHIT) is an Infrastructure Investment Trust (InvIT) sponsored by the National Highways Authority of India (NHAI) that acquires, owns, and operates operational national highway assets, generating revenue through toll collections on these stretches. The trust raises capital from institutional and retail investors via listed units on the NSE and recycles proceeds back to NHAI for new highway infrastructure development.
Is National Highways Infra Trust a public or private company?
National Highways Infra Trust is a public company. It is classified as public and is currently operating.
When was National Highways Infra Trust founded?
National Highways Infra Trust was founded in 2021. It employs 101 to 250 people.
Where is National Highways Infra Trust based?
National Highways Infra Trust is headquartered in Delhi, India, in the Asia region.
How does National Highways Infra Trust make money?
Two revenue lines are on record. Toll Revenue from Highway Assets are the primary driver. The others are asset Monetization.
Who are National Highways Infra Trust's main competitors?
Direct peers on record are Raajmarg Infra Investment Trust, IRB Infrastructure Trust, Oriental Infra Trust, Gawar Construction Trust, India Infrastructure Trust, Powergrid Infrastructure Investment Trust and India Grid Trust. Broad incumbents are Brookfield India Infrastructure Trust, Transurban and Atlas Arteria.
Does National Highways Infra Trust have an API?
No public API is recorded for National Highways Infra Trust.
What industry is National Highways Infra Trust in?
National Highways Infra Trust's product category is Infrastructure Investment Trust (Highway Assets). Its primary akta.pro industry code is FSAAAKAF, Infrastructure — Development (Greenfield), with a secondary code of TLAJAAAD, Pavement & Surface Asset Management (Resurfacing, Markings, Pothole Repair). Its NAICS code is 525 and its SIC code is 6798.