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Noida Toll Bridge Company Limited

Noida Toll Bridge Company Limited

NOIDATOLL.NS
Noida Toll Bridge Company LimitedIN flagNational Stock Exchange of India
4.78
INR
- -
- -
890.01MMarket Cap
Noida Toll Bridge Company Limited
NOIDATOLL.NS
(National Stock Exchange of India)

Recent

price

4.78

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
4.78
5.1
5.78
6.42
6.62
7.01
4.67
0.87
1.09
1.33
0.69
0.87
1.27
1.12
2.13
2.3
2.29
Revenue per Share
2.01
2.45
2.25
2.89
4.28
5.24
0.12
-3.11
-1.93
-1.63
-2.14
-2.22
-1.89
-1.7
-13.11
1.46
1.45
Basic EPS, GAAP
3.24
3.83
3.69
4.01
3.64
3.15
0.04
-0.33
0.04
0.56
-0.06
0.07
1.27
-0.23
0.81
1.93
- -
Free Cash Flow per Basic Share
0.58
0.58
0.58
2.92
3.57
3.01
1.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
15.99
17.23
18.27
17.88
18.51
18.95
17.26
14.15
12.22
10.59
8.46
6.24
4.35
2.64
-10.47
10
9.95
Book Value per Share
-6.99
-5.51
-4.38
-4.35
-5.4
-1.57
-1.58
-3.87
-3.71
-3.24
-3.29
-3.41
-3.23
-2.95
-2.13
-0.67
-0.67
Tangible Book Value per Share
186
186
186
186
186
186
186
186
186
186
186
186
186
186
186
186
187
Basic Weighted Avg Shares
889
950
1,076
1,197
1,233
1,305
870
163
204
247
129
161
237
208
396
429
429
Sales/Revenue/Turnover
67.42
69.16
69.35
71.5
73.18
46.92
8.92
-313.41
-235.89
-127.67
-314.04
-261.62
-161.06
-166
-37.09
26.37
26.37
Operating Margin (%)
46
49
20
20
23
323
380
423
433
420
419
419
412
385
274
7
7
Depreciation Expense
375
455
419
539
798
976
23
-578
-359
-304
-398
-413
-352
-317
-2,442
272
272
Net Income, GAAP
12.14
15.37
36.25
33.78
4.97
- -
34.39
- -
- -
- -
- -
- -
- -
- -
- -
0.13
0.12
Effective Tax Rate (%)
42.11
47.95
38.91
45.03
64.67
74.8
2.62
-355.2
-176.29
-122.99
-307.6
-255.96
-148.38
-152.29
-616.26
63.43
63.43
Profit Margin (%)
-199
-264
-466
-381
-319
115
-120
-368
-732
-608
-865
-870
-687
-652
-499
6
6
Working Capital
584
754
231
197
- -
389
446
347
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
4,443
4,682
4,883
4,878
4,666
5,082
4,765
4,187
3,827
3,524
3,124
2,712
2,361
2,044
-397
-125
-125
Total Equity
9.4
10.01
8.33
10.52
17.15
- -
0.94
- -
- -
- -
- -
- -
- -
- -
- -
67.44
67.45
Return on Invested Capital (%)
12.71
14.39
11.81
15.42
24.14
- -
1.56
- -
- -
- -
- -
- -
- -
- -
- -
70.38
11.84
Return on Capital (%)
13.16
14.72
12.67
16.01
23.52
27.98
0.68
-19.77
-14.62
-14.3
-22.43
-30.19
-35.72
-48.75
-131.17
- -
14.6
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
429
- -
429
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
186
- -
186
Market Capitalization
749
806
547

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
614
- -
1,003
Cash, Cash Equivalents & STI
408
- -
854
Accounts Receivable, Net
16
- -
31
Inventories
- -
- -
- -
Total Current Liabilities
1,032
- -
997
Payables & Accruals
- -
- -
- -
ST Debt
429
- -
429
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-27.38%
-45.51%
-68.55%
Free Cash Flow
91.3%
198.24%
140.06%
Net Income, GAAP
-221.52%
107.56%
-111.13%
Sales/Revenue/Turnover
4.22%
31.6%
8.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32
35
41
100
208
2025
100
99
99
104
396
2026
105
105
106
112
429

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.49
-0.48
-0.44
- -
-1.7
2025
-0.29
-0.31
-12.73
0.22
-13.11
2026
0.22
0.2
0.83
0.21
1.46

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Noida Toll Bridge Company Limited (NTBCL), a special purpose vehicle promoted by Infrastructure Leasing and Financial Services Limited (IL&FS), develops, constructs, operates, and maintains the Delhi-Noida Direct (DND) Flyway, a 9.2 kilometer eight-lane toll bridge and expressway connecting Delhi and Noida in India under a build-own-operate-transfer (BOOT) concession agreement with the New Okhla Industrial Development Authority (NOIDA); core operations encompass routine and periodic maintenance of the bridge structure, road surfaces, adjoining facilities including the Mayur Vihar Link Road and Ashram flyover, toll collection systems (currently suspended), electronic toll collection via Silver and Gold prepaid lanes for regular users, and ancillary services such as space rentals for advertisements and offices; the subsidiary ITNL Toll Management Services Limited supports toll management activities. Founded in 1996 and headquartered at the Toll Plaza, DND Flyway in Noida, Uttar Pradesh, the company serves over 300,000 daily vehicles across the National Capital Region with 99.6% rideability uptime, focusing exclusively on Indian operations within the infrastructure and transportation sector targeting commuters, commercial traffic, and advertisers. Recent developments include the Supreme Court upholding the toll-free status of the DND Flyway in May 2025, confirming zero toll collection since October 2016 following the Allahabad High Court ruling; the board approved Rs 5 crore in June 2025 for repairs and upkeep amid financial constraints and ongoing appeals for Rs 100 crore structural support from NOIDA and Delhi authorities; NTBCL reported a consolidated net profit of Rs 3.81 crore for the quarter ended September 2025 versus a prior loss, with sales up 6.4% year-over-year to Rs 10.52 crore; IL&FS announced plans in 2024 to monetize its 26% stake for debt reduction, while the company initiated the second phase of proactive rehabilitation and maintenance works.