NHIT receives addendum to FY26 valuation report from EY
National Highways Infra Trust (NHIT) has received an addendum to its Valuation Report for the financial year ended March 31, 2026, from independent valuer M/s Ernst & Young Merchant Banking Services LLP. This addendum corrects the consideration of the previous three financial years (FY 2022-23 to FY 2024-25) in the valuation. The report details the equity valuation of Specified Assets (NWPPL, NEPPL, and NSPPL) and the determination of NHIT's Net Asset Value (NAV) as of March 31, 2026, in accordance with SEBI InvIT Regulations. The addendum provides updated Enterprise Value, Debt, Cash, and Equity Value for these SPVs for March 2023, March 2024, and March 2025, noting that RBSA Valuation Advisors LLP performed the annual valuation for Mar'23 and Mar'24 for NWPPL and NEPPL.
Key Highlights
- NHIT received an addendum to its FY2026 valuation report.
- The addendum corrects the previous three years considered for valuation.
- Ernst & Young provided updated financial metrics for three SPVs.
- The valuation includes Enterprise Value, Debt, Cash, and Equity Value.
- The report should be read with the earlier May 13, 2026 intimation.
Price Impact
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