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Raajmarg Infra Investment Trust (RIIT)

📊 NSE: RIIT 🏢 Road AssetsToll, Annuity, Hybrid-Annuity 📢 Latest filing: 09 Oct 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Raajmarg Infra's revenue was ₹232 Cr, and net profit ₹56.9 Cr; the operating margin was 89.8%.

Q1 FY27 (₹ Cr)	Value	YoY	QoQ
Revenue	₹232	—	—
Operating profit	₹209	—	—
Net profit	₹56.9	—	—
EPS (₹)	0.95	—	—
Operating margin	89.8%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Raajmarg Infra InvIT Reports Q2 FY27 Unitholding: Sponsors Hold 15%, Public Holds 85%

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 09 Oct 2026, 06:00 PM

Raajmarg Infra Investment Trust disclosed its unitholding pattern for the quarter ended September 30, 2026. The Trust has a total of 60,00,00,000 outstanding units. Sponsors and related entities hold 9,00,00,000 units, representing 15.00% of total unitholding, all of which are mandatorily held with zero pledged units. Public unitholders account for 51,00,00,000 units (85.00%), led by Institutional holders (49.74%) including Insurance Companies (17.75%) and Mutual Funds (15.82%).

Total units outstanding stood at 60,00,00,000 as of September 30, 2026
Sponsor and Sponsor Group holding reported at 15.00% (9,00,00,000 units), 100% mandatorily held and 0% pledged
Institutional unitholders hold 49.74% (29,84,69,755 units), led by Insurance Companies at 17.75% and Mutual Funds at 15.82%
Non-institutional unitholding comprises 35.26% (21,15,30,245 units), with Individual investors holding 7.76%

💡 Track subsequent quarterly financial earnings and distribution declarations to assess asset cash-flow generation and payout yield.

Raajmarg Infra InvIT: Cessation of Axis Bank Nominee Director Anil Agarwal Effective Sep 13, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 17 Sep 2026, 06:26 PM

Raajmarg Infra Investment Trust announced that Mr. Anil Agarwal has ceased to be a Nominee Director representing Axis Bank Limited on the board of its Investment Manager, Raajmarg Infra Investment Managers Private Limited. The cessation took effect from September 13, 2026, following the end of his employment with Axis Bank Limited. This is a routine institutional nominee directorship change with no reported financial or operational disruption to the InvIT.

Mr. Anil Agarwal ceased to be Nominee Director effective September 13, 2026
Directorship cessation was due to cessation of employment with Axis Bank Limited
Filing submitted to stock exchanges on September 17, 2026
Quarterly revenue for June 2026 stood at ₹232.40 cr with net profit of ₹56.87 cr

💡 Track subsequent exchange filings for the appointment of a replacement Nominee Director by Axis Bank Limited on the Investment Manager's board.

RIIT Completes Distribution Payment of Rs 2.40 Per Unit for Q1 FY27

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 19 Aug 2026, 05:35 PM

Raajmarg Infra Investment Trust (RIIT) has confirmed the completion of its distribution payment of Rs. 2.40 per unit for the quarter ended June 30, 2026. The distribution was previously declared on August 10, 2026, with a record date of August 13, 2026. The payout was executed on August 18, 2026, to all eligible unitholders.

Declared distribution of Rs. 2.40 per unit for the quarter ended June 30, 2026
Record date for unitholder eligibility was August 13, 2026
Distribution payout completed on August 18, 2026

💡 Unitholders should verify credit of the distribution in their registered bank accounts and monitor upcoming quarterly operational traffic and toll collection metrics.

RIIT Reports ₹5,686.62 Lakh Consolidated Net Profit for Q1 FY27, Turnaround from Previous Loss

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 07:10 PM

Raajmarg Infra Investment Trust (RIIT) reported a consolidated net profit of ₹5,686.62 lakh for the quarter ended June 30, 2026, marking a significant recovery from a loss of ₹38.58 lakh in the previous quarter. Total consolidated income for the period stood at ₹20,339.89 lakh. The trust maintains a stable financial position with a consolidated debt-equity ratio of 0.62 and a Debt Service Coverage Ratio (DSCR) of 1.72. Standalone profit was significantly higher at ₹20,106.82 lakh, likely reflecting income distributions from underlying Special Purpose Vehicles (SPVs).

Consolidated Net Profit reached ₹5,686.62 lakh in Q1 FY27 compared to a loss of ₹38.58 lakh in the quarter ended March 31, 2026.
Total Income from operations for the quarter was reported at ₹20,339.89 lakh.
Consolidated Net Worth as of June 30, 2026, stands at ₹6,02,842.26 lakh.
Debt Service Coverage Ratio (DSCR) and Interest Service Coverage Ratio (ISCR) both stood at 1.72.
Standalone Net Profit for the quarter was ₹20,106.82 lakh, up from ₹1,030.74 lakh in the previous quarter.

💡 Investors should monitor the upcoming distribution (dividend/interest) announcement, which is the primary return mechanism for InvITs, and track the traffic growth and toll collection data of the underlying road assets.

RIIT confirms zero deviation in utilization of funds from 60 crore unit public issue

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 10 Aug 2026, 08:07 PM

Raajmarg Infra Investment Trust (RIIT) has submitted its Statement of Deviation/Variation for the quarter ended June 30, 2026. The statutory auditor, A.R. & CO., has certified that the funds raised through the public issue of 60,00,00,000 units have been utilized as per the intended purposes. No deviations or variations were reported in the use of proceeds, ensuring regulatory compliance with SEBI InvIT Regulations.

Public issue involved the issuance of 60,00,00,000 units to investors
Statutory auditor A.R. & CO. certified the fund utilization as of June 30, 2026
Zero deviation or variation reported in the deployment of proceeds
Filing complies with SEBI Master Circular dated July 11, 2025

💡 This is a routine regulatory filing. Investors should monitor future quarterly reports to ensure the trust continues to deploy capital into infrastructure assets as per its stated strategy.

Rs 109.79 NAV per unit reported in RIIT's Q1 FY27 Valuation Report

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 10 Aug 2026, 08:00 PM

Raajmarg Infra Investment Trust (RIIT) has released its independent valuation report for the quarter ended June 30, 2026. The enterprise valuation of the trust's assets is pegged at Rs. 10,053.0 crore, with a Net Asset Value (NAV) of Rs. 109.79 per unit. The trust currently manages five road projects acquired from NHAI for a concession fee of Rs. 9,583 crore. Total liabilities as of the reporting date stand at Rs. 3,739.93 crore against total assets of Rs. 10,327.60 crore.

Enterprise valuation of the trust assets stands at Rs. 10,053.0 crore as of June 30, 2026
Net Asset Value (NAV) per unit is calculated at Rs. 109.79 based on 60 crore outstanding units
Total liabilities of the trust are reported at Rs. 3,739.93 crore
The trust manages 5 road projects with a total length of approximately 260.2 km
Initial concession fee paid to NHAI for these projects was Rs. 9,583 crore effective April 1, 2026

💡 Investors should compare the current market price of RIIT units against the reported NAV of Rs. 109.79 to assess valuation. Future performance will depend on actual traffic growth across the five highway stretches versus the valuer's projections.

₹2.40 Distribution Declared; RIIT Reports ₹10,053 Cr Enterprise Value and ₹109.79 NAV

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 10 Aug 2026, 07:47 PM

Raajmarg Infra Investment Trust (RIIT) reported its Q1 FY27 results with a standalone profit of ₹201.07 crore on revenue of ₹266.84 crore. The trust declared a distribution of ₹2.40 per unit for the quarter, with a record date of August 13, 2026. An independent valuation by RBSA Valuation Advisors pegged the enterprise value at ₹10,053 crore, resulting in a Net Asset Value (NAV) of ₹109.79 per unit. The trust has successfully deployed ₹5,850 crore of IPO proceeds into its SPV for NHAI concession payments.

Declared a distribution of ₹2.40 per unit for Q1 FY27, primarily comprising ₹2.38 in interest income.
Independent enterprise valuation stands at ₹10,053.0 Crore as of June 30, 2026.
Net Asset Value (NAV) reported at ₹109.79 per unit based on 60 crore outstanding units.
Standalone revenue from operations reached ₹266.84 Crore for the quarter ended June 30, 2026.
Utilized ₹5,850 Crore of IPO proceeds for concession value payments to NHAI for 5 toll road projects.

💡 Investors should monitor the toll revenue performance of the five projects under RIPPL, noting that revenue is currently based on a fixed remittance basis for a 30-month transition period.

RIIT Unitholders Approve FY26 Financials and Auditor Appointment at 1st Annual Meeting

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 27 Jul 2026, 05:09 PM

Raajmarg Infra Investment Trust (RIIT) held its first Annual Meeting on July 24, 2026, where unitholders approved all four proposed resolutions. Key approvals included the adoption of FY26 audited financial statements and the valuation report for the trust's assets. While most resolutions passed with near-unanimous support, the ratification of the Statutory Auditor's remuneration saw a notable 11.92% dissent from the total votes polled. Overall voting participation was 43.18% of the 60 crore outstanding units.

Total of 60,00,00,000 units were eligible for voting across 14,371 unitholders as of the cut-off date.
Resolution to adopt FY26 financial statements passed with 99.99% of polled votes in favor.
Statutory Auditor's appointment and remuneration faced 3,08,72,240 votes against (11.92% of total polled votes).
Public institutional unitholders showed 56.39% participation, polling 16,90,43,729 votes out of 29,97,91,655 units held.
Sponsor and Sponsor Group held 9,00,00,000 units and voted 100% in favor of all agenda items.

💡 Investors should monitor the next quarterly distribution announcement and review the detailed valuation report now approved to assess the underlying asset health.

View All RIIT Announcements on Live Market Tracking →