Financial Results - REITs or InvITs
General information about REITs or InvITs
| Scrip Code |
078873 |
| NSE Symbol |
IRBIT |
| MSEI Symbol |
IRBIT |
| ISIN |
INE0C8K20042 |
| Name of Entity |
IRB Infrastructure Trust |
| Class of security - REITs or INVITs |
InvITs |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
11-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
06-11-2025 |
| Description of presentation currency |
INR |
| Level of rounding |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Single segment |
| Description of single segment |
Operating & maintaing of toll roads |
| Start date and time of board meeting |
11-11-2025 15:30:00 |
| End date and time of board meeting |
11-11-2025 16:10:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| NDCF applicability |
SPVs & Trust |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Not applicable |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
| (a) |
Revenue from operations |
1,28,673.30 |
3,08,188.10 |
| (b) |
Other income |
| 1 |
Interest on bank deposits |
1,790.70 |
3,605.10 |
| 2 |
Profit on sale of investments |
492.70 |
931.70 |
| 3 |
Fair Value gain on measurement of other payable |
0.00 |
4,141.60 |
| 4 |
Others |
(82.20) |
13.50 |
|
Total other income |
2,201.20 |
8,691.90 |
|
Total income |
1,30,874.50 |
3,16,880.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
0.00 |
0.00 |
| (b) |
Purchases of stock-in-trade |
0.00 |
0.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
0.00 |
0.00 |
| (d) |
Employee benefit expense |
0.00 |
0.00 |
| (e) |
Finance costs |
64,571.60 |
1,31,592.30 |
| (f) |
Depreciation, depletion and amortisation expense
|
11,981.80 |
26,189.20 |
| (g) |
Other Expenses |
| 1 |
Operating expenses |
40,717.60 |
1,31,861.90 |
| 2 |
Project management fees |
14,057.20 |
28,114.40 |
| 3 |
Valuation expenses |
0.00 |
18.10 |
| 4 |
Audit fees |
51.50 |
102.20 |
| 5 |
Investment management fees |
169.50 |
672.40 |
| 6 |
Custodian Fee |
0.70 |
19.20 |
| 7 |
Trustee Fees |
3.20 |
6.40 |
| 8 |
Legal and professional fees |
649.30 |
1,220.00 |
| 9 |
Fair value loss on measurement of other payable |
993.30 |
993.30 |
| 10 |
Insurance expenses |
520.80 |
1,092.50 |
| 11 |
Other expenses |
6,050.40 |
6,166.00 |
|
Total other expenses |
63,213.50 |
1,70,266.40 |
|
Total expenses |
1,39,766.90 |
3,28,047.90 |
| 3 |
Total profit/(loss) before exceptional items and tax |
(8,892.40) |
(11,167.90) |
| 4 |
Exceptional items |
0.00 |
0.00 |
| 5 |
Total profit/(loss) before tax |
(8,892.40) |
(11,167.90) |
| 6 |
Tax expense |
|
| 7 |
Current tax |
(216.90) |
1,784.00 |
| 8 |
Deferred tax |
0.00 |
0.00 |
| 9 |
Total tax expenses |
(216.90) |
1,784.00 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
(8,675.50) |
(12,951.90) |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
0.00 |
0.00 |
| 16 |
Total profit (loss) for period |
(8,675.50) |
(12,951.90) |
| 17 |
Other comprehensive income net of taxes |
0.00 |
0.00 |
| 18 |
Total Comprehensive Income for the period |
(8,675.50) |
(12,951.90) |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
(8,786.90) |
(13,263.00) |
|
Total profit or loss, attributable to non-controlling interests |
111.40 |
311.10 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
(8,786.90) |
(13,263.00) |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
111.40 |
311.10 |
| 21 |
Details of unit capital |
|
|
Paid-up unit capital |
15,02,553.30 |
15,02,553.30 |
| 22 |
Earnings per unit |
|
| i |
Earnings per unit capital for continuing operations |
|
|
Basic earnings (loss) per unit from continuing operations |
-0.74 |
-1.1 |
|
Diluted earnings (loss) per unit from continuing operations |
-0.74 |
-1.1 |
| ii |
Earnings per unit capital for discontinued operations |
|
|
Basic earnings (loss) per unit from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per unit from discontinued operations |
0 |
0 |
| iii |
Earnings per unit capital (for continuing and discontinued operations) |
|
|
Basic earnings (loss) per unit from continuing and discontinued operations |
-0.74 |
-1.1 |
|
Diluted earnings (loss) per unit from continuing and discontinued operations |
-0.74 |
-1.1 |
| 23 |
Disclosure of notes on financial results |
Textual Information(1) |
Textual Information(2) |
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
25.20 |
|
Capital work-in-progress |
0.00 |
|
Investment property |
0.00 |
|
Goodwill |
4,289.20 |
|
Other intangible assets |
32,66,525.40 |
|
Intangible assets under development |
5,50,353.70 |
|
Biological assets other than bearer plants |
0.00 |
|
Investments accounted for using equity method |
0.00 |
|
Non-current financial assets |
|
|
Non-current investments |
0.00 |
|
Trade receivables, non-current |
0.00 |
|
Loans, non-current |
0.00 |
|
Other non-current financial assets |
1,872.70 |
|
Total non-current financial assets |
1,872.70 |
|
Deferred tax assets (net) |
25,544.60 |
|
Other non-current assets |
46.50 |
|
Total non-current assets |
38,48,657.30 |
| 2 |
Current assets |
|
|
Inventories |
0.00 |
|
Current financial asset |
|
|
Current investments |
10,305.10 |
|
Trade receivables, current |
87.60 |
|
Cash and cash equivalents |
12,703.40 |
|
Bank balance other than cash and cash equivalents |
75,781.00 |
|
Loans, current |
0.00 |
|
Other current financial assets |
38,180.80 |
|
Total current financial assets |
1,37,057.90 |
|
Current tax assets (net) |
1,831.50 |
|
Other current assets |
10,454.90 |
|
Total current assets |
1,49,344.30 |
| 3 |
Non-current assets classified as held for sale |
6,95,725.20 |
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
0.00 |
|
Total assets |
46,93,726.80 |
|
Unit Capital and liabilities |
|
| 1 |
Unit Capital |
|
|
Unit Capital attributable to owners of parent |
|
|
Unit capital |
15,02,553.30 |
|
Other equity |
(440.60) |
|
Total equity attributable to owners of parent |
15,02,112.70 |
|
Non controlling interest |
13,204.40 |
|
Total Unit Capital |
15,02,112.70 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
22,06,189.10 |
|
Lease liabilities, non-current |
0.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
0.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
0.00 |
|
Total Trade payable |
0.00 |
|
Other non-current financial liabilities |
4,09,403.50 |
|
Total non-current financial liabilities |
26,15,592.60 |
|
Provisions, non-current |
12,702.90 |
|
Deferred tax liabilities (net) |
7,423.70 |
|
Deferred government grants, Non-current |
0.00 |
|
Other non-current liabilities |
0.00 |
|
Total non-current liabilities |
26,35,719.20 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
28,500.20 |
|
Lease liabilities, current |
0.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
15.40 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
74,529.30 |
|
Total Trade payable |
74,544.70 |
|
Other current financial liabilities |
18,716.80 |
|
Total current financial liabilities |
1,21,761.70 |
|
Other current liabilities |
2,900.10 |
|
Provisions, current |
10,546.20 |
|
Current tax liabilities (Net) |
0.00 |
|
Deferred government grants, Current |
0.00 |
|
Total current liabilities |
1,35,208.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
4,07,482.50 |
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
0.00 |
|
Total liabilities |
31,78,409.70 |
|
Total equity and Liabilities |
46,93,726.80 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
|
Total Segment Revenue |
|
|
|
Less: Inter segment revenue |
|
|
|
Revenue from operations |
|
|
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
|
Total Profit before tax |
|
|
|
i. Finance cost |
|
|
|
ii. Other Unallocable Expenditure net off Unallocable income |
|
|
|
Profit before tax |
|
|
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
|
Total Segment Asset |
|
|
|
Un-allocable Assets |
|
|
|
Net Segment Asset |
|
|
| 4 |
Segment Liabilities |
|
Segment Liabilities |
|
Total Segment Liabilities |
|
|
|
Un-allocable Liabilities |
|
|
|
Net Segment Liabilities |
|
|
|
Disclosure of notes on segments |
Textual Information(1) |
Textual Information(2) |
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
|
Total Amount of items that will not be reclassified to profit and loss |
|
|
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
|
|
| 3 |
Amount of items that will be reclassified to profit and loss |
|
|
Total Amount of items that will be reclassified to profit and loss |
|
|
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
|
|
| 5 |
Total Other comprehensive income |
|
|
|
Disclosure of notes on other comprehensive income |
Text Block(1) |
Text Block(2) |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
| Part I |
|
| 1 |
Statement of cash flows |
|
|
Cash flows from used in operating activities |
|
|
Profit before tax |
(11,167.90) |
| 2 |
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
1,29,609.50 |
|
Adjustments for decrease (increase) in inventories |
0.00 |
|
Adjustments for decrease (increase) in trade receivables, current |
1,580.10 |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
(1,070.80) |
|
Adjustments for decrease (increase) in other non-current assets |
0.00 |
|
Adjustments for other financial assets, non-current |
6,335.30 |
|
Adjustments for other financial assets, current |
0.00 |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
791.00 |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
(7,258.10) |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
26,189.20 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
0.00 |
|
Adjustments for provisions, current |
0.00 |
|
Adjustments for provisions, non-current |
0.00 |
|
Adjustments for other financial liabilities, current |
(11,996.10) |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
0.00 |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
3,605.10 |
|
Adjustments for share-based payments |
0.00 |
|
Adjustments for fair value losses (gains) |
134.10 |
|
Adjustments for undistributed profits of associates |
0.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
0.00 |
|
Other adjustments to reconcile profit (loss) |
0.00 |
|
Other adjustments for non-cash items |
(1,802.20) |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
1,38,906.90 |
|
Net cash flows from (used in)
operations |
1,27,739.00 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
795.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
1,26,944.00 |
| 3 |
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
0.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
0.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
0.00 |
|
Purchase of property, plant and equipment |
1,31,175.30 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
0.00 |
|
Purchase of other long-term assets |
0.00 |
|
Cash advances and loans made to other parties |
0.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
0.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
0.00 |
|
Interest received |
3,401.10 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
8,878.90 |
|
Net cash flows from (used in)
investing activities |
(1,18,895.30) |
| 4 |
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing unit |
0.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares/units |
0.00 |
|
Payments of other equity instruments |
875.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
1,05,738.80 |
|
Repayments of borrowings |
719.60 |
|
Payments of lease liabilities |
0.00 |
|
Dividends paid |
0.00 |
|
Interest paid |
1,21,074.30 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
(10,666.00) |
|
Net cash flows from (used in)
financing activities |
(27,596.10) |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
(19,547.40) |
| 5 |
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
0.00 |
|
Net increase (decrease) in cash
and cash equivalents |
(19,547.40) |
|
Cash and cash equivalents cash flow statement at beginning of period
|
33,774.30 |
|
Cash and cash equivalents cash
flow statement at end of period |
14,226.90 |
| Other inflows (outflows) of cash(operating activities) |
|
| Other inflows (outflows) of cash(Investing Activities) |
|
| Other inflows (outflows) of cash (Financing Activities) |
|
| Disclosure of notes on cash flow statement, indirect |
|
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
IRB Westcoast Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
2,229.20 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
85.40 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
85.40 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
0.00 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
2,314.60 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Yedeshi Aurangabad Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
4,909.50 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
82.50 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
82.50 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
3,327.40 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
(763.70) |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
(763.70) |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
2,428.30 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Solapur Yedeshi Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
2,311.60 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
49.30 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
49.30 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
1,299.10 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
(483.80) |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
(483.80) |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
1,545.60 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Kaithal Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
2,925.20 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
93.60 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
93.60 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
(0.20) |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
3,019.00 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
AE Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
2,172.80 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
18.60 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
18.60 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
0.10 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
2,191.30 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Udaipur Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
838.80 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
81.50 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
81.50 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
3,700.10 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
786.20 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
(3,566.00) |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
CG Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
3,572.10 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
76.20 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
76.20 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
3,223.20 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
1,051.30 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
(626.20) |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Kishangarh Gulabpura Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
451.80 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
11.00 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
11.00 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
74.90 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
387.90 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
IRB Hapur Moradabad Tollway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
3,319.10 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
17.00 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
17.00 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
1.50 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
3,334.60 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Palsit Dankuni Tollway Private Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
7,120.60 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
20.40 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
20.40 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
4,045.90 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
3,095.10 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
IRB Golconda Expressway Private Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
16,447.10 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
346.80 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
346.80 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
12,521.90 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
629.10 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
1,227.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
1,227.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
2,415.90 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Samakhiyali Tollway Private Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
3,110.20 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
9.80 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
9.80 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
1,330.60 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
1,737.70 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
51.70 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
IRB Lalitpur Tollway Private Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
8,965.30 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
361.80 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
361.80 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
7,982.30 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
208.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
1,136.80 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
IRB Kota Tollway Private Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
1,473.60 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
69.20 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
69.20 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
1,039.20 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
123.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
380.60 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
IRB Gwalior Tollway Private Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
2,723.20 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
166.10 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
166.10 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
2,007.90 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
130.20 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
751.20 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
Meerut Budaun Expressway Limited |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
10,143.30 |
| 1 |
Add: Cash Flows received from SPV's which represent distributions
of NDCF computed as per relevant framework |
|
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| 1014.33 |
|
Total (1) |
|
| 2 |
Add: Treasury income / income from investing activities |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
0.20 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
0.20 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
17,804.80 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
0.00 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow for HoldCo/SPV ' s |
(7,661.30) |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - Trust
Amount in (Lakhs)
|
|
| A |
Name of Project |
IRB Infrastructure Trust |
| B |
Date of start of reporting period |
01-07-2025 |
| C |
Date of end of reporting period |
30-09-2025 |
| Sr. |
Particulars |
Amount |
|
Cashflows from operating activities of the Trust |
(516.40) |
| 1 |
Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework |
|
| 1 |
Distribution |
21,872.20 |
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| Distribution |
|
|
Total (1) |
21,872.20 |
| 2 |
Add: Treasury income / income from investing activities of the Trust |
|
| a |
Interest income received from FD |
0.00 |
| b |
Tax refund |
0.00 |
| c |
Any other income in the nature of interest |
691.10 |
| d |
Profit on sale of Mutual funds |
0.00 |
| e |
Profit on sale of Investments |
0.00 |
| f |
Profit on sale of Assets |
0.00 |
| g |
Dividend Income |
0.00 |
| h |
Sum of other income not included above |
0.00 |
|
Details of other income not included above |
|
|
|
Total (2) |
691.10 |
| 3 |
Add: Proceeds from sale of real estate/ infrastructure
investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for
the following: |
|
| a |
Applicable capital gains and other taxes |
0.00 |
| b |
Related debts settled or due to be settled from sale proceeds |
0.00 |
| c |
Directly attributable transaction costs |
0.00 |
| d |
Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT
Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/
InvIT Regulations |
0.00 |
| e |
Sum of other sale proceeds not included above |
0.00 |
|
Details of other sale proceeds not included above |
|
|
|
Total (3) |
0.00 |
| 4 |
Add: Proceeds from sale of real estate/ infrastructure investments, real estate/
infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an
earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT
Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not
intended to be invested subsequently |
0.00 |
| 5 |
Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per
Profit and Loss Account and any shareholder debt / loan from Trust |
14,547.80 |
| 6 |
Less: Debt repayment (to include principal repayments as per scheduled EMI's except if
refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt
refinanced through new debt, in any form or equity raise as well as repayment of any shareholder
debt / loan from Trust) |
3,189.60 |
| 7 |
Less: Any reserve required to be created under the terms of, or
pursuant to the obligations arising in accordance with: |
|
| a |
Loan agreement entered with banks/ financial institution from whom the Trust or any of its
SPVs/ HoldCos have availed debt |
0.00 |
| b |
Terms and conditions, covenants or any other stipulations applicable to debt securities
issued by the Trust or any of its SPVs/ HoldCos |
0.00 |
| c |
Terms and conditions, covenants or any other stipulations applicable to external
commercial borrowings availed by the Trust or any of its SPVs/ HoldCos |
0.00 |
| d |
Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/
infrastructure asset, or generates revenue or cashflows from such asset |
0.00 |
| e |
Statutory, judicial, regulatory, or governmental stipulations |
0.00 |
| f |
Agreement entered for PPP projects |
0.00 |
| g |
Agreement entered for non-PPP projects |
0.00 |
|
Total (7) |
0.00 |
| 8 |
Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to
the extent not funded by debt / equity or from reserves created in the earlier years |
0.00 |
|
Net Distributable Cash Flow at Trust level |
4,309.50 |
|
Notes: |
|
| |
Statement of Net Assets at Fair Value (NAV)
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
| Sr. |
Particulars |
Book Value |
Fair Value |
| A |
Total Assets |
46,93,726.80 |
68,51,102.70 |
| B |
Total Liabilities |
31,78,409.70 |
31,78,409.70 |
| C |
Net Assets (A - B) |
15,15,317.10 |
36,72,693.00 |
| D |
Less: Non-Controlling Interest |
0.00 |
0.00 |
| E |
Net Assets attributable to unitholders (C-D) |
15,15,317.10 |
36,72,693.00 |
| F |
No. of Units |
1172 |
1172 |
| G |
NAV per unit (E/F) |
129.29 |
313.37 |
|
Disclosure of notes on net assets at fair value |
Text Block(1) |
Text Block(2) |
Statement of Total Returns at Fair Value
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Particulars |
Amount |
| 1 |
Total Comprehensive Income (As per the Statement of Profit and loss) |
(12,951.90) |
|
Add/Less: Other Changes in Fair Value not recognized in Total Comprehensive Income |
| 1 |
Other changes in fair value |
21,57,375.90 |
|
Total Other Changes in Fair Value not recognized in Total Comprehensive Income |
21,57,375.90 |
|
Total Return |
21,44,424.00 |
|
Disclosure of notes on total returns at fair value |
Statement of Net Borrowings Ratio
Amount in (Lakhs)
| Sr. |
Particulars |
Amount |
| A |
Borrowings [Refer Notes 1 & 2] |
26,38,079.30 |
| B |
Deferred Payments [Refer Notes 1 & 3] |
0.00 |
| C |
Cash and Cash Equivalents [Refer Notes 1 & 3] |
24,532.10 |
| D |
Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C) |
26,13,547.20 |
| E |
Value of REIT/InVIT assets [Refer Notes 3 & 4] |
63,57,278.10 |
| F |
Net Borrowings Ratio (D/E) |
0.41 |
|
Disclosure of notes on net borrowings ratio |
|
| Disclosure of notes on net borrowings ratio |
Note 1 - Breakup of borrowings 1. IRBIT - Bank = 33726.89 FI= 28030.36 2. SYTL - NCD = 5910 3. YATL - NCD = 15150 4. UTL - Bank = 8119.63 NCD = 6824.22 5. CGTL - Bank = 13374.75 6.PDTPL - Bank = 2889.69 FI = 13068.58 7. IGEPL - Bank = 54790.85 8. STPL - Bank = 6174.61 9. ILTPL - Bank = 24922.82 FI = 9973.68 10.IKTPL - Bank = 4514.85 11. IGTPL - Bank = 8742.58 12.MBEL - Bank = 16943.66 FI = 7515.16 NCD = 3135.60 Note 2 - Breakup of Cash & Cash Equivalents 1. IRBIT - 888.61 2. IRBWC - 13.10 3. YATL - 21.43 4. SYTL - 21.25 5. KTL - 6.38 6. AETL - 67.88 7.UTL - 128.55 8. CGTL -155.55 9. KGTL - 138.56 10.IRBHM - 7.42 11. PDTPL - 284.38 12. IGEPL - 223.12 13. STPL - 46.04 14. ILTPL- 343.71 15.IKTPL - 29.13 16.IGTL - 60.39 17. MBEL - 17.71 Note 3 - Breakup of value of InvIT assets 1. IRBWC - 29931.22 2. YATL - 52927.80 3. SYTL - 27597.66 4. KTL - 26621.32 5. AETL - 34531.30 6. UTL - 27155.34 7. CGTL - 27321.54 8. KGTL - 14810.10 9. IRBHM - 47871.77 10. PDTPL - 25763.08 11. IGEPL - 172965.14 12. STPL - 9160.16 13. ILTPL - 57478.24 14. IKTL - 9286.68 15. IGTL - 16510.39 16. MBEL - 55796.07
|
Statement of Changes in Unitholders Equity
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended(dd-mm-yyyy) |
Year to date figures for current period ended(dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
|
|
|
| 1 |
Balance at the beginning of the current reporting period |
15,02,553.30 |
15,02,553.30 |
| 2 |
Changes in Unit Capital due to prior period errors |
0.00 |
0.00 |
| 3 |
Restated balance at the beginning of the current reporting period |
0.00 |
0.00 |
| 4 |
Changes in Unit Capital due to prior period errors |
0.00 |
0.00 |
| 5 |
Balance at the end of the current reporting period |
15,02,553.30 |
15,02,553.30 |
|
Disclosure of notes on changes in unit capital |
Textual Information(1) |
Textual Information(2) |
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy)
|
| Date of start of reporting period |
01-07-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
B(i). Other Equity
|
|
Share application money pending allotment |
Equity component of compound financial instruments |
Reserves and Surplus |
Debt instruments through Other Comprehensive Income |
Equity Instruments through Other Comprehensive Income |
Effective portion of Cash Flow Hedges |
Revaluation Surplus |
Exchange differences on translating the financial statements of a foreign operation |
Other items of Other Comprehensive Income (specify nature) |
Money received against share warrants |
Total |
| Capital Total Reserve |
Securities Premium |
Other Reserves (specify nature) |
Retained Earnings |
| 1 |
Balance at the beginning of the current reporting period |
|
|
2948970000 |
|
|
(2,22,733.90) |
|
|
|
|
|
|
|
(1,93,244.20) |
| 2 |
Changes in accounting policy or prior period errors |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 3 |
Restated balance at the beginning of the current reporting period |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 4 |
Total Comprehensive Income for the current year |
|
|
0 |
|
|
(8,786.90) |
|
|
|
|
|
|
|
(8,786.90) |
| 5 |
Dividends |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 6 |
Transfer to retained earnings |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 7 |
Any other change |
|
|
0 |
|
|
(1,523.70) |
|
|
|
|
|
|
|
(1,523.70) |
| 8 |
Balance at the end of the current reporting period |
|
|
2948970000 |
|
|
(2,33,044.50) |
|
|
|
|
|
|
|
(2,03,554.80) |
| 9 |
Details of any other change (If figures reported in No. 7) |
|
|
|
|
|
Return on capital |
|
|
|
|
|
|
|
|
Amount in (Lakhs)
| Particulars |
"Year to date figures for current period ended
(dd-mm-yyyy)"
|
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
B(ii). Other Equity
|
|
Share application money pending allotment |
Equity component of compound financial instruments |
Reserves and Surplus |
Debt instruments through Other Comprehensive Income |
Equity Instruments through Other Comprehensive Income |
Effective portion of Cash Flow Hedges |
Revaluation Surplus |
Exchange differences on translating the financial statements of a foreign operation |
Other items of Other Comprehensive Income (specify nature) |
Money received against share warrants |
Total |
| Capital Total Reserve |
Securities Premium |
Other Reserves (specify nature) |
Retained Earnings |
| 1 |
Balance at the beginning of the current reporting period |
|
|
2948970000 |
|
|
(2,15,444.80) |
|
|
|
|
|
|
|
(1,85,955.10) |
| 2 |
Changes in accounting policy or prior period errors |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 3 |
Restated balance at the beginning of the current reporting period |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 4 |
Total Comprehensive Income for the current year |
|
|
0 |
|
|
(13,263.00) |
|
|
|
|
|
|
|
(13,263.00) |
| 5 |
Dividends |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 6 |
Transfer to retained earnings |
|
|
0 |
|
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 7 |
Any other change |
|
|
0 |
|
|
(4,336.70) |
|
|
|
|
|
|
|
(4,336.70) |
| 8 |
Balance at the end of the current reporting period |
|
|
2948970000 |
|
|
(2,33,044.50) |
|
|
|
|
|
|
|
(2,03,554.80) |
| 9 |
Details of any other change (If figures reported in No. 7) |
|
|
|
|
|
Return on capital |
|
|
|
|
|
|
|
|
Details of Funds raised through Debt - Consolidated basis
Amount in (Lakhs)
| Sr no. |
Types of Borrowings |
Opening Outstanding |
Raised During the period |
Repaid during the period |
Closing Outstanding |
| 1 |
Borrowings from Domestic - Banks/ Financial Institutions (including term loans) |
22,56,089.90 |
82,660.20 |
10,843.10 |
23,27,907.00 |
| 2 |
Non-Convertible Debentures (NCDs) |
2,79,717.20 |
0.00 |
900.90 |
2,78,816.30 |
| 3 |
Non-Convertible Preference Shares (NCRPs) |
0.00 |
0.00 |
0.00 |
0.00 |
| 4 |
ECBs |
0.00 |
0.00 |
0.00 |
0.00 |
| Whether fund raised through debt consolidated other than above? |
No |
Details of Borrowing / Debt (Raised during the period)
Disclosures of Ratios
Amount in (Lakhs)
| Whether the REITS/INVITS have any outstanding borrowings? |
Yes |
| Sr. No |
Particulars |
Ratio |
Remarks |
| 1 |
Debt equity ratio |
1.49 |
|
| 2 |
Debt service coverage ratio |
1.10 |
|
| 3 |
Interest service coverage ratio |
1.22 |
|
| 4 |
Asset cover available ratio |
2.03 |
|
| 5 |
Total debts to total assets |
0.48 |
|
| 6 |
Current ratio |
1.10 |
|
| 7 |
EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin) |
47.57 |
|
| 8 |
Net profit margin percent |
-420.00 |
|
| 9 |
Net operating income margin |
46.54 |
|
| 10 |
Distribution per unit (In Rs.) |
89.00 |
|
| 11 |
Net worth i.e.: Unitholders funds |
126950880000 |
|
Details of Capital raised during the period
Amount in (Lakhs)
Text Block
|
| Details Of Capital Raised During The Period Explanatory |
|
Details of Assets acquired during the reporting period
Amount in (Lakhs)
Text Block
|
| Details Of Assets Acquired During The Reporting Period Explanatory
|
|
Details of Assets disposed off during the reporting period
Amount in (Lakhs)
Text Block
|
| Details Of Assets DisposedOff During The Reporting Period
Explanatory
|
|
Details of Distributions made during each quarter of the Financial Year
|
| A |
Date of start of reporting period |
01-07-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
| B |
Details of Distribution made during the period, if applicable: (Yes/No) |
Yes |
| Sr. |
Particulars |
|
| 1 |
Record Date |
14-11-2025 |
| 2 |
Date of Board Meeting in which the distribution declared |
11-11-2025 |
| 3 |
Total amount of distribution declared |
Total amount (in Rs. Lakhs) |
Total Amount Per Unit (in Rs.) |
| 4 |
Out of the total amount of distribution declared, the amount in the form of interest,
less taxes, if any |
3,35,04,85,060.00 |
0.3 |
| 5 |
Out of the total amount of distribution declared, the amount in the form of dividend |
0.00 |
0 |
| 6 |
Out of the total amount of distribution declared, including amount in the form of
amortization of SPV level debt |
0.00 |
0 |
| 7 |
Out of the total amount of distribution declared, the amount in form of other income
|
1,64,09,30,560.00 |
0.14 |
| 8 |
Due date of the payment of distribution |
21-11-2025 |
| 9 |
Date by which payment of distribution is completed |
20-11-2025 |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
IRB Westcoast Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
17,419.40 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
17,419.40 |
| 2 |
Other Equity |
(1,11,667.60) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
66,430.90 |
|
Total Shareholders Funds |
(27,817.30) |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
0.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
26,112.90 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
3,03,445.30 |
|
Total Net Debt |
3,29,558.20 |
| C |
Total Capitalisation |
3,01,740.90 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Yedeshi Aurangabad Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
21,575.70 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
21,575.70 |
| 2 |
Other Equity |
(59,333.30) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(37,757.60) |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
1,51,500.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
32,810.80 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
1,92,744.70 |
|
Total Net Debt |
3,77,055.50 |
| C |
Total Capitalisation |
3,39,297.90 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Solapur Yedeshi Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
9,825.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
9,825.00 |
| 2 |
Other Equity |
(42,863.60) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(33,038.60) |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
59,100.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
29,829.20 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
73,009.00 |
|
Total Net Debt |
1,61,938.20 |
| C |
Total Capitalisation |
1,28,899.60 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Kaithal Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
32,800.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
32,800.00 |
| 2 |
Other Equity |
(1,06,900.50) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
14,386.70 |
|
Total Shareholders Funds |
(59,713.80) |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
0.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
14,938.30 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
2,33,079.90 |
|
Total Net Debt |
2,48,018.20 |
| C |
Total Capitalisation |
1,88,304.40 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
AE Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
43,650.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
43,650.00 |
| 2 |
Other Equity |
(1,46,486.90) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(1,02,836.90) |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
0.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
22,503.00 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
3,65,836.10 |
|
Total Net Debt |
3,88,339.10 |
| C |
Total Capitalisation |
2,85,502.20 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Udaipur Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
11,680.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
11,680.00 |
| 2 |
Other Equity |
(67,775.70) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
1,17,275.20 |
|
Total Shareholders Funds |
61,179.50 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
1,44,060.90 |
| 2 |
Current Maturities of Long Term Borrowings |
5,377.60 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
26.80 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
33,067.70 |
|
Total Net Debt |
1,82,533.00 |
| C |
Total Capitalisation |
2,43,712.50 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
CG Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
20,350.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
20,350.00 |
| 2 |
Other Equity |
(30,433.60) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
53,058.50 |
|
Total Shareholders Funds |
42,974.90 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
1,28,151.50 |
| 2 |
Current Maturities of Long Term Borrowings |
5,596.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
6.60 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
25,613.10 |
|
Total Net Debt |
1,59,367.20 |
| C |
Total Capitalisation |
2,02,342.10 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Kishangarh Gulabpura Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
15,550.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
15,550.00 |
| 2 |
Other Equity |
(55,219.80) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
29,307.40 |
|
Total Shareholders Funds |
(10,362.40) |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
0.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
11,098.30 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
1,50,364.50 |
|
Total Net Debt |
1,61,462.80 |
| C |
Total Capitalisation |
1,51,100.40 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
IRB Hapur Moradabad Tollway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
37,150.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
37,150.00 |
| 2 |
Other Equity |
(45,324.00) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
23,473.20 |
|
Total Shareholders Funds |
15,299.20 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
0.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
7,281.90 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
2,68,413.80 |
|
Total Net Debt |
2,75,695.70 |
| C |
Total Capitalisation |
2,90,994.90 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Palsit Dankuni Tollway Private Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
12,120.00 |
| (2) |
held by Other shareholders |
5.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
12,125.00 |
| 2 |
Other Equity |
13,373.00 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
25,498.00 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
1,56,385.80 |
| 2 |
Current Maturities of Long Term Borrowings |
3,196.90 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
1,126.90 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
36,375.00 |
|
Total Net Debt |
1,97,084.60 |
| C |
Total Capitalisation |
2,22,582.60 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
IRB Golconda Expressway Private Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
71,545.00 |
| (2) |
held by Other shareholders |
5.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
71,550.00 |
| 2 |
Other Equity |
(47,584.80) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
23,965.20 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
5,45,296.00 |
| 2 |
Current Maturities of Long Term Borrowings |
2,612.50 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
30,443.30 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
2,15,049.50 |
|
Total Net Debt |
7,93,401.30 |
| C |
Total Capitalisation |
8,17,366.50 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Samakhiyali Tollway Private Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
11,620.00 |
| (2) |
held by Other shareholders |
5.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
11,625.00 |
| 2 |
Other Equity |
16,447.10 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
12,680.00 |
|
Total Shareholders Funds |
40,752.10 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
61,746.10 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
0.00 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
0.00 |
|
Total Net Debt |
61,746.10 |
| C |
Total Capitalisation |
1,02,498.20 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
IRB Lalitpur Tollway Private Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
42,058.00 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
42,058.00 |
| 2 |
Other Equity |
(31,034.60) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
11,023.40 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
3,46,427.50 |
| 2 |
Current Maturities of Long Term Borrowings |
2,537.50 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
21,597.00 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
1,26,174.00 |
|
Total Net Debt |
4,96,736.00 |
| C |
Total Capitalisation |
5,07,759.40 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
IRB Kota Tollway Private Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
3,934.80 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
3,934.80 |
| 2 |
Other Equity |
(1,827.50) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
2,107.30 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
44,656.50 |
| 2 |
Current Maturities of Long Term Borrowings |
492.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
620.00 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
11,804.30 |
|
Total Net Debt |
57,572.80 |
| C |
Total Capitalisation |
59,680.10 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
IRB Gwalior Tollway Private Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
10,328.50 |
| (2) |
held by Other shareholders |
0.00 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
10,328.50 |
| 2 |
Other Equity |
(5,438.30) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
4,890.20 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
87,425.80 |
| 2 |
Current Maturities of Long Term Borrowings |
528.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
2,087.30 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
30,985.50 |
|
Total Net Debt |
1,21,026.60 |
| C |
Total Capitalisation |
1,25,916.80 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
Meerut Budaun Expressway Limited |
|
Category |
SPVs |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
42,873.30 |
| (2) |
held by Other shareholders |
10,451.70 |
|
Name of other shareholder |
% of Holiding |
|
| 1 |
IRB Infrastructure Developers Limited |
0.04 |
|
|
Total Capital |
53,325.00 |
| 2 |
Other Equity |
13,962.90 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
17,079.00 |
|
Total Shareholders Funds |
84,366.90 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
2,44,588.20 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
43.20 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
1,62,118.50 |
|
Total Net Debt |
4,06,749.90 |
| C |
Total Capitalisation |
4,91,116.80 |
| Disclosure of notes for HoldCos and Directly held SPVs |
Notes : |
(B)For SVPs held through HoldCos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-07-2025 |
| 2 |
Date of end of reporting period |
30-09-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos |
0 |
|
Name of SVPs |
0 |
| A |
Shareholders Funds |
|
| 1 |
Capital |
|
| (1) |
held by InvITs / REITs directly or indirectly |
0.00 |
| (2) |
held by Other shareholders |
|
|
Name of other shareholder |
% of Holiding |
|
|
Total Capital |
0.00 |
| 2 |
Other Equity |
0.00 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
0.00 |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
0.00 |
| 2 |
Current Maturities of Long Term Borrowings |
0.00 |
| 3 |
Short term borrowings |
0.00 |
| 4 |
Deferred Payment Liability |
0.00 |
| 5 |
Interest Accrued and due |
0.00 |
| 6 |
Interest Accrued but not due |
0.00 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
0.00 |
|
Total Net Debt |
0.00 |
| C |
Total Capitalisation |
0.00 |
| Disclosure of notes for SVPs held through HoldCos |
Notes : |