Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
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Altius Telecom Infrastructure Trust reported FY26 adjusted revenue of INR 122.6 billion (up 25.2% YoY) and cash EBITDA of INR 83 billion (up 18.9% YoY), with full-year distribution of INR 15.6 per unit exceeding the guidance of INR 15.3. The trust manages 258,000+ towers with 315,000+ tenancies across three SPVs (Summit, Elevar, Crest). Q4 revenue was INR 31 billion (up 0.8% YoY) and EBITDA INR 21 billion (up 6.1% YoY). The platform has a weighted average lease expiry of ~16 years with 55%+ tenancies locked for 30 years, and over 80% revenue from blue-chip counterparties. Management identified three growth levers: contractual escalations in MSAs, organic tenancy expansion (market opportunity of ~366,000 tenancies in next 5 years), and selective opportunistic M&A. The trust plans to convert from privately listed to publicly listed InvIT and maintains AAA credit rating with net debt to AUM at ~45%.
The trust delivered strong cash generation and beat distribution guidance, driven by full-year contribution from acquired assets and cost discipline. The long-term contracted revenue base with inflation-linked escalations provides visibility, but tenancy growth was limited in FY26 as the focus was on integration and stabilization. Management refrained from providing FY27 distribution guidance.