HICL Infrastructure PLC released its annual results for the year ended March 31, 2025, with a decrease in NAV per share and solid operational performance. The companys NAV per share decreased by 5.1p (-3.2%) to 153.1p, mainly due to an increase in the portfolios weighted average discount rate. The portfolio delivered an annualized underlying return of 7.7%, and the companys growth assets outperformed budget with an 11% increase in EBITDA. HICL announced new dividend guidance of 8.50pps for FY 2027 and reaffirmed guidance of 8.35pps for the current year. The company completed ยฃ244 million in divestments and plans to focus on effective capital allocation with an initial ยฃ50 million share buyback. HICLs net debt stands at ยฃ102.2 million with significant liquidity available. The board and investment manager agreed to revise the management fee arrangements to improve alignment with shareholders. The companys outlook remains positive, with its high-quality assets well-positioned to deliver HICLs total return strategy despite macro uncertainty.
Here is an HTML table comparing the financials and debt year-on-year for HICL Infrastructure PLC as of March 31, 2025:
| Financial Metrics | Year Ended March 31, 2025 | Year Ended March 31, 2024 |
|---|
| Net Asset Value (NAV) per share | 153.1p | 158.2p |
| Quarter 4 Dividend | 2.07p | 2.07p |
| NAV per share after deducting Q4 dividend | 151.0p | 156.1p |
| Income | ยฃ97.1m | ยฃ105.4m |
| Profit before tax (PBT) | ยฃ46.0m | ยฃ30.6m |
| Earnings per share (EPS) | 2.3p | 1.5p |
| Dividend per share | 8.25p | 8.25p |
And here is an additional table comparing the debt position as of March 31, 2025, to the previous year:
| Debt Metrics | As of March 31, 2025 | As of March 31, 2024 |
|---|
| Net Debt | ยฃ102.2m | N/A |
| Liquidity Available on Revolving Credit Facility (RCF) | ยฃ441.8m | N/A |
Please note that the financial information provided is based on the content of the text supplied.