BSEAltius Telecom Infrastructure TrustMediumNeutral
Announced Wed, 12 Nov · 17:36 IST

Altius Telecom Infrastructure Trust has informed the Exchange regarding Half-Yearly Full Valuation report for assets for FY ended 2025-26

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Data Link Investment Manager approved the unaudited H1 FY26 financial results (quarter and half year ended September 30, 2025), reviewed by Deloitte Haskins & Sells LLP. The Trust declared a total distribution of Rs. 0.6563 per unit (Return on Capital Rs. 0.1188 + Return of Capital Rs. 0.5375), with record date November 17, 2025 and payment on or before November 24, 2025. Profit for H1 FY26 stood at Rs. 19,912 million on total income of Rs. 26,860 million, while finance costs rose sharply to Rs. 6,507 million (vs Rs. 1,254 million in H1 FY25). Net Asset Value was reported at Rs. 154.91 per unit, with total InvIT assets of Rs. 91,373 crore and net debt of Rs. 43,074 crore. The auditor flagged a material going-concern uncertainty on a key customer of subsidiary Elevar Digitel Infrastructure, which could impact operations and asset values if unresolved.

Likely market impact

Unitholders will receive a Rs. 0.6563 per unit distribution by late November, but rising finance costs and a flagged going-concern risk on Elevar's major customer introduce uncertainty around future cash flows and asset valuations. Investors should watch for updates on Elevar's key client and the trajectory of interest expenses before drawing conclusions on distributable income sustainability.