Road Assets–Toll, Annuity, Hybrid-Annuity industry
Q1FY271 earlier
7 companies · ₹3,462 cr · Q1FY27 report
Exhibit 3Structure
₹3,462 crBF Utilities Ltd is 59.8% of this industry by market cap. The top 5 are 98.3% and the top 10 are 100%.
small 1micro 62 above ₹500 cr
Exhibit 5Coverage (7 of 7)
Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.
- Mcap
- ₹13 cr
- P/E
- -
- EV/EBITDA
- -0.5x
- ROCE
- -2.1%
- Margin
- -8.5%
- Rev YoY
- +224.4%
Exhibit 6What managements said
from Transport Infrastructure earnings calls · as of 2026-06-30headwindMiddle East geopolitical disruption suppressing international logistics and liquid volumes4 managements
Four of five companies cited the Middle East conflict as a direct volume headwind. ADANIPORTS rail container TEUs fell 19% YoY; JSWINFRA Fujairah liquid terminal volumes collapsed…
- ADANIPORTS (Q1 FY27): “Container rail volume lower by 19%... Logistics business TEU rail volumes were impacted…”
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Exhibit 7Outlook
The outlook and what resolves next quarter
Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.
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