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Cube Highways Trust Reports DPU of ₹4.10 per Unit for Q3 FY26; Proposes Acquisition of 4 Road Assets

Press Release

New Delhi, January 30, 2026 – Cube Highways Trust (“Cube InvIT”) [NSE/BSE: CUBEINVIT / 543899], managed by Cube Highways Fund Advisors Pvt. Ltd. (the “Investment Manager”), today announced its financial results for the quarter ended December 31, 2025.

For Q3 FY26, Cube InvIT reported a total distribution of ₹551 crore, comprising ₹2.00 per unit as interest, ₹0.77 per unit as dividend, and ₹1.33 per unit as return of capital. The Board of Directors of the Investment Manager approved a Distribution Per Unit (DPU) of ₹4.10 for the quarter.

The year-to-date FY26 distribution stands at ₹1,371 crore, with a cumulative DPU of ₹10.20, reflecting the Trust’s strong cash flow generation and commitment to delivering consistent returns to unitholders.

Financial & Operating Highlights

Revenue from operations increased to ₹30,767 million, marking a 25.01% year-on-year growth, supported by 7.7% YoY traffic growth.

Total consolidated income for nine months reached ₹31,696 million.

EBITDA rose to ₹23,064 million, up 27.64% YoY, driven by operational efficiencies, optimization initiatives, and disciplined cost management.

Net Debt (including deferred payments) stood at ₹169 billion, with a Net Debt/EV ratio of 46.86%, ensuring strong financial flexibility.

Assets Under Management (AUM) increased to ₹361 billion, underlining portfolio scale and stability.

Management Commentary

Pankaj Vasani, Group CFO, Cube InvIT, said:

“We continued to make strong progress in Q3 FY26, leveraging our diversified portfolio and demonstrating effective execution and sustainable asset management. Our strong revenue growth, margin expansion, and disciplined capital structure position us well to pursue value-accretive opportunities while continuing to deliver consistent returns to our unitholders.”

Vinay Sekar, CEO, Cube InvIT, added:

“In addition to robust operational performance, we are pleased to announce the proposed acquisition of four operational road assets—three toll and one annuity. This strategic acquisition is expected to strengthen our revenue base, enhance yield and NAV, expand debt capacity, and improve portfolio diversification through predictable annuity cash flows and high-quality toll assets.”

The proposed acquisitions are subject to unitholder approval and customary regulatory and third-party clearances.

Credit Rating & Distribution Details

Cube InvIT continues to maintain AAA / Stable credit ratings from CRISIL, India Ratings, and ICRA.

Record Date: February 4, 2026

Distribution Payout Date: On or before February 11, 2026

About Cube Highways Trust

Cube Highways Trust (“Cube InvIT”) is an irrevocable trust established under the Indian Trusts Act, 1882, and registered with the Securities and Exchange Board of India (SEBI) as an Infrastructure Investment Trust.

The Trust is backed by a diversified and global investor base including I Squared Capital, a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), British Columbia Investment Management Corporation, and Mubadala Investment Company.

Cube InvIT operates and manages highway assets under the Public-Private Partnership (PPP) model, in collaboration with central and state governments across India.

Investors can access financial results and disclosures on:

www.cubehighwaystrust.com

www.bseindia.com

www.nseindia.com