Whalesbook
Asal mein, NHIT ne ye ₹3,086.01 Crore fund raise kiya hai. Isme se ₹2,468.808 Crore institutional unit sales se aaye hain aur ₹617.202 Crore private placement se. Ye paisa Government ke National Monetisation Pipeline (NMP) ke liye bahut important hai, jiska goal hai ki public assets se value unlock karke naye infrastructure projects mein lagaya jaye. Abhi market bhi infra sector mein growth ke liye ready hai, aur NHIT jaise established players ke liye achhe financing terms mil rahe hain.
Apne desh mein Infrastructure Investment Trust (InvIT) sector ekdum toofani raftaar se badh raha hai. Projection hai ki March 2026 tak iska Assets Under Management (AUM) ₹3.2 lakh Crore ho jayega. NHIT ne pichhle 4 rounds mein ₹46,000 Crore se bhi zyada raise kiya hai. Aur sabse achhi baat, NHIT ka balance sheet ekdum fit hai! FY25 ke liye unka debt-to-equity ratio hai 0.00x, matlab lagbhag zero debt. Ye India Grid Trust (IndiGrid) jahan ratio 4.78 hai, ya IRB InvIT Fund se kaafi alag hai, jahan revenue toh badh raha hai par profit gir raha hai.
Desh ki economy bhi support kar rahi hai, GDP growth 2026 tak 6.5% rehne ki ummeed hai aur inflation bhi control mein aa raha hai. Upar se, 2026 tak interest rates kam hone ke chances hain, jisse infrastructure assets ke liye borrowing cost kam ho jayega. SEBI ne bhi rules ko flexible banaya hai, jisse preferential allotments aur fundraising aasan ho gayi hai.
Lekin dekho, itna low debt-to-equity ratio ek taraf jahan financial strength dikhata hai, wahan future mein asset acquisition thoda slow kar sakta hai agar sirf equity par depend karein. Competition bhi kaafi tight hai. IRB InvIT Fund ko 'Strong Sell' mil raha hai aur IndiGrid ka valuation 'very expensive' lag raha hai. NHIT ke khud ke net profit margins bhi FY24 ke 30.2% se kam ho kar FY25 mein 13.5% ho gaye hain. Toh aage chal kar National Highways Authority of India (NHAI) aur NMP se continuous asset pipeline aur execution bahut zaroori hoga.
Lekin overall, NHIT India ke badhte InvIT market mein ekdum strong position mein hai. Road InvIT sector ka AUM March 2026 tak ₹3.2 lakh Crore tak pahunchna, matlab mauke hi mauke hain. Jaise NHIT NMP ko support kar raha hai, institutional aur private investors ko attract karne ki capacity dikh rahi hai. Aur ye log apne unit holders ko ₹1.160 per unit ka distribution bhi de rahe hain January 2026 tak ke period ke liye. Toh India ke infra development mein inka role continue pakka hai.