CUBEINVIT · Not specified
Cube Highways Trust InvIT reported revenue of ₹820 cr for July to September 2024, +12.5% on the year and +3.5% on the quarter. It is the highest quarterly revenue in the last 6 quarters on record.
Operating profit (EBITDA) was ₹552 cr, a margin of 67.3%, +10,202 bps on the year and −23 bps on the quarter. Over the last 6 quarters the margin has ranged from −34.7% to 83.3%, averaging 51.1%.
The net loss was ₹30.0 cr, with earnings per share of −₹0.22.
On earnings per share of ₹0.64 over the last four quarters, the stock at ₹152.44 trades at 238.2 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Other income carrying profit, Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
FinMinutes scored the offer document 74/100 before listing. 0 quarters of numbers since. Promise against delivery
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹729 cr | ₹753 cr | ₹798 cr | ₹792 cr | ₹820 cr | ₹850 cr | ₹846 cr | ₹944 cr | ₹1,052 cr | ₹1,081 cr | ₹1,162 cr | ₹1,127 cr |
| YoY | — | — | — | +1% | +12% | +13% | +6% | +19% | +28% | +27% | +37% | +19% |
| EBITDA margin | −34.7% | 69.3% | 83.3% | 67.6% | 67.3% | 71.4% | 63.8% | 71.2% | 73.2% | 71.3% | 77.5% | 69.9% |
| Other income, % of PBT | — | — | 4% | 488% | — | 129% | — | — | 69% | 46% | 12% | 34% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | — | — | 10% | 51% | — | — | — | — | 30% | 21% | 38% | 30% |
| Net profit | −₹793 cr | −₹14.0 cr | ₹122 cr | ₹4.0 cr | −₹30.0 cr | ₹52.0 cr | −₹62.0 cr | ₹0.0 cr | ₹40.0 cr | ₹41.0 cr | ₹135 cr | ₹61.0 cr |
| YoY | — | — | — | — | — | — | −151% | −100% | — | −21% | — | — |
| Core profit YoY | — | — | — | — | — | — | −175% | — | — | — | — | — |
| EPS | −₹6.15 | −₹0.11 | ₹0.94 | ₹0.03 | −₹0.22 | ₹0.39 | −₹0.46 | ₹0.00 | ₹0.30 | ₹0.31 | ₹1.00 | ₹0.45 |
| Flags | · | · | · | 1 | ✓ | 2 | 2 | ✓ | 2 | ✓ | ✓ | 1 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Cube Highways Trust InvIT reported revenue of ₹820 cr (+12.5% on the year) and net profit of −₹30.0 cr (— on the year) for July to September 2024.
None of the 5 checks that could run raised a question.
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