---
title: "Anantam Highways Trust (ANANTAM) — Share Price, Financials & Analysis"
symbol: "ANANTAM"
company: "Anantam Highways Trust"
canonical: "https://tapetide.com/stocks/ANANTAM"
isin: "INE1UA823019"
nse_symbol: "ANANTAM"
bse_code: "544579"
sector: "Services"
industry: "Transport Infrastructure"
market_cap_cr: 2336.82
generated_at: "2026-09-13T19:20:33.554Z"
---

# Anantam Highways Trust (ANANTAM)

Canonical page: https://tapetide.com/stocks/ANANTAM

## Company

- **NSE Symbol:** ANANTAM
- **BSE Code:** 544579
- **ISIN:** INE1UA823019
- **Sector:** Services
- **Industry:** Transport Infrastructure
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2025-10-17
- **Face Value:** ₹100
- **F&O Eligible:** No

## About

Anantam Highways Trust is an Indian infrastructure investment trust which 
proposes to invest in road infrastructure 
assets. The Trust is sponsored by 
Alpha Alternatives Fund Advisors 
LLP[1]

## Latest Price

- **Price:** ₹107.69
- **Change:** +0.79 (+0.74%)
- **Open:** ₹107.44
- **Day High:** ₹108.5
- **Day Low:** ₹106.03
- **Previous Close:** ₹106.9
- **Volume:** 10162
- **As Of:** 2026-09-11T09:53:48+00:00

## Key Fundamentals

Observed at 2026-09-11T04:31:39.936424Z.

- **Market Cap:** ₹2336.82 Cr
- **Classification:** Microcap
- **P/E (reported):** 9.1
- **Book Value:** ₹107.34
- **Price to Book:** 1
- **Dividend Yield:** 2.34%
- **ROE:** 8.49%
- **ROCE:** 6.66%
- **Debt to Equity:** 0.91

## Tapetide Score

- **Score:** 55 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Falling
- **Percentile:** 70.1 (of 4473 scored stocks)
- **Confidence:** 85%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 29.19 | 9.89% |
| momentum | 39.72 | 13.19% |
| ownership | 44.58 | 26.37% |
| quality | 50.19 | 24.18% |
| valuation | 90.45 | 26.37% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.02 times its book value

### Weaknesses

- Company has high debtors of 201 days.

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 104 | 223 | 158 |
| Expenses | 0 | 2 | 2 | 18 | 22 | 31 |
| Operating Profit | 0 | -2 | -2 | 85 | 201 | 127 |
| OPM % | — | — | — | 82 | 90 | 80 |
| Other Income | 0 | 0 | 0 | 20 | 2 | 1 |
| Interest | 0 | 0 | 0 | 51 | 40 | 38 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -2 | -2 | 55 | 163 | 89 |
| Tax % | 0 | 0 | 0 | 108 | -25 | 33 |
| Net Profit | 0 | -2 | -2 | -4 | 203 | 59 |
| EPS in Rs | — | — | — | -0.19 | 9.33 | 2.73 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- |
| Sales | 0 | 313 | 484 |
| Expenses | 0 | 43 | 73 |
| Operating Profit | 0 | 270 | 411 |
| OPM % | — | 86 | 85 |
| Other Income | 0 | 35 | 23 |
| Interest | 0 | 91 | 129 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 0 | 214 | 305 |
| Tax % | 0 | 9 | — |
| Net Profit | 0 | 196 | 257 |
| EPS in Rs | — | 8.99 | — |
| Dividend Payout % | 0 | 28 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Equity Capital | 0 | 2175 |
| Reserves | 0 | 129 |
| Borrowings | 0 | 2101 |
| Other Liabilities | 0 | 259 |
| Total Liabilities | 0 | 4664 |
| Fixed Assets | 0 | 2 |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| Other Assets | 0 | 4662 |
| Total Assets | 0 | 4664 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Cash from Operating Activity | 0 | 487 |
| Cash from Investing Activity | 0 | 196 |
| Cash from Financing Activity | 0 | -491 |
| Net Cash Flow | 0 | 192 |
| Free Cash Flow | 0 | 487 |
| CFO/OP | 0 | 181 |

### Ratios

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Debtor Days | — | 201 |
| Cash Conversion Cycle | — | 201 |
| Working Capital Days | — | 362 |
| ROCE % | — | 14 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Promoters | 37.54% | 37.54% | 37.54% |
| FIIs | 0% | 0% | 0% |
| DIIs | 6.3% | 6.26% | 6.22% |
| Government | 0% | 0% | 0% |
| Public | 2.95% | 3.28% | 3.41% |
| Others | 53.21% | 52.92% | 52.84% |
| No. of Shareholders | 0 | 0 | 0 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 106.48 | Buy |
| EMA (10) | 106.59 | Buy |
| SMA (20) | 105.87 | Buy |
| EMA (20) | 106.14 | Buy |
| SMA (50) | 105.37 | Buy |
| EMA (50) | 105.62 | Buy |
| SMA (100) | 105.57 | Buy |
| EMA (100) | 105.32 | Buy |
| SMA (200) | 104.64 | Buy |
| EMA (200) | 104.84 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 72.51 | Sell |
| MACD (12,26,9) | 0.49 | Buy |
| Stochastic (14,3,3) | 85.6 | Sell |
| ADX (14) | 35.67 | Buy |
| Williams %R (14) | -20.4 | Neutral |
| ATR (14) | 1.25 | Neutral |
| ROC (12) | 2.62 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 68.12 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-19 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ea2d383-d38a-4f6b-a8df-fede261003f6.pdf) |
| 2026-08-17 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=732f364c-8529-422e-9c9e-05839b982d4b.pdf) |
| 2026-08-14 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b19f171-2f9d-40ae-bbb8-480893412b47.pdf) |
| 2026-08-12 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc5f3ab8-f5b0-483d-b6bd-aa84d5faf3f6.pdf) |
| 2026-08-11 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c697d62-6143-4123-8043-1d5bc65fe7c4.pdf) |
| 2026-08-11 | [Reg 18(6): Disclosure of record date for purpose of distribution](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0533ddda-988f-48a0-b9a9-5b7f79ea7f26.pdf) |
| 2026-08-11 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f235b31-7fbe-491e-8282-2b756b6441aa.pdf) |
| 2026-08-04 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=085386bf-f0c8-472b-b8d4-2dc845943948.pdf) |
| 2026-07-27 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2fca433-bc6e-46fa-919e-c3dc13e72054.pdf) |
| 2026-07-24 | [Reg 23(5)(g): Outcome of Unitholder meetings](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd742159-d23f-40d3-b862-d4ca88f92e07.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8h - Submitted corporate governance compliance report for quarter and FY ended March 31, 2026. | [Reg 26K: Quarterly Compliance Report on Corporate governance 8h - Submitted corporate governance compliance report for quarter and FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f5d85b62-8725-4148-b51e-ca915b226b56.pdf) |
| 30 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement. | [Reg 23(5)(i): Disclosure of material issue 30 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00335b1e-096e-4701-bc24-3b62935c0ecb.pdf) |
| 3 Mar - CFO Nilesh Shukla resigns from Investment Manager to Anantam Highways Trust, effective March 13, 2026. | [Reg 23(5)(i): Disclosure of material issue 3 Mar - CFO Nilesh Shukla resigns from Investment Manager to Anantam Highways Trust, effective March 13, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc7d6061-2f09-4fc8-823b-0f3c7ea173ca.pdf) |
| 20 Apr - Submitted corporate governance compliance report for quarter and FY ended March 31, 2026. | [Reg 26K: Quarterly Compliance Report on Corporate governance 20 Apr - Submitted corporate governance compliance report for quarter and FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5d85b62-8725-4148-b51e-ca915b226b56.pdf) |
| 17 Feb - Q3 results: revenue INR123.8cr, EBITDA INR105.6cr; declared INR2.50/unit distribution; NDCF INR248.5cr; debt/EV 42.11%","checklist":["Review announcement for key financial and corporate disclosures","Extract material figures: revenue, EBITDA, NDCF, … | [Reg 23(5)(i): Disclosure of material issue 17 Feb - Q3 results: revenue INR123.8cr, EBITDA INR105.6cr; declared INR2.50/unit distribution; NDCF INR248.5cr; debt/EV 42.11%","checklist":["Review announcement for key financial and corporate disclosures","Extract material figures: revenue, EBITDA, NDCF, …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14dd9a23-9b77-4821-bdb9-5dde3fe83799.pdf) |
| 15 Apr - Investor grievance report for quarter ended March 31, 2026: 1 complaint received and disposed, 0 pending. | [Investor Complaints 15 Apr - Investor grievance report for quarter ended March 31, 2026: 1 complaint received and disposed, 0 pending.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85c3b5fc-48ba-45d5-918b-535833689b17.pdf) |
| 15 Apr - Anantam Highways Trust filed unit holding pattern for quarter ended March 31, 2026. | [Unit Holding Pattern 15 Apr - Anantam Highways Trust filed unit holding pattern for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac3f6510-4632-4a5f-a4c5-8cd4ec18c5ba.pdf) |
| 14 Apr - India Ratings assigned IND AAA/Stable to ₹21,571 million bank loan facility, reduced from ₹33,000 million. | [Reg 23(5)(d): Disclosure of details of any credit rating obtained by the InvIT and any change in such rating 14 Apr - India Ratings assigned IND AAA/Stable to ₹21,571 million bank loan facility, reduced from ₹33,000 million.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e39847f-c4ea-486c-997b-b11bec58761e.pdf) |
| 13 Feb - Audio recording of earnings conference call for quarter ended Dec 31, 2025 (held Feb 13, 2026) available online. | [Reg 23(5)(i): Disclosure of material issue 13 Feb - Audio recording of earnings conference call for quarter ended Dec 31, 2025 (held Feb 13, 2026) available online.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2450ad4c-24ef-47d6-b73d-64713928844e.pdf) |
| 13 Apr - ICRA reaffirmed [ICRA]AAA (Stable) for Rs 2,157.09 crore term loan on April 13, 2026. | [Reg 23(5)(d): Disclosure of details of any credit rating obtained by the InvIT and any change in such rating 13 Apr - ICRA reaffirmed [ICRA]AAA (Stable) for Rs 2,157.09 crore term loan on April 13, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cec4c832-3950-4014-ba9c-cdc1772cb027.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:20:33.554Z.