Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Altius Telecom Infrastructure Trust (InvIT backed by Brookfield and Jio) filed its H1 FY26 investor presentation highlighting 257,308 towers/IBS/small cell sites and 314,112 tenancies as of September 30, 2025. The trust declared a distribution of INR 8.3 per unit for H1 FY26, with full-year FY26 DPU guidance of INR 15.3. The portfolio has a 17-year weighted average lease expiry, with over 80% revenue from AAA-rated telecom customers, providing strong cash flow visibility. Net Debt/AUM stands at 47.14% (well below the 49% mandatory AAA threshold and 70% cap), with INR 13 Bn closing cash and an 8.17% cost of debt. The trust has already refinanced INR 66 Bn of bank loans with lower-yielding long-tenor bonds since March 2024 and sees further interest-saving opportunity on INR 44 Bn of upcoming bank maturities over the next three years.
The presentation reinforces Altius as a stable, high-visibility yield play with predictable quarterly distributions, low business risk, and headroom for further growth capex or accretive acquisitions. The debt refinancing narrative is positive for unitholders as it should gradually lower interest costs and support higher future distributions.