BSEAltius Telecom Infrastructure TrustMediumNeutral
Announced Fri, 14 Nov · 21:26 IST

Altius Telecom Infrastructure Trust has informed the Exchange regarding Disclosure of material issue

Analyst Day Multiyear TargetsCfo Debt Reduction RoadmapInvestor Communications View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Altius Telecom Infrastructure Trust (formerly Data Infrastructure Trust) shared the transcript of its first investor call held on November 13, 2025, discussing H1 FY26 results. The trust operates a pan-India telecom infrastructure platform of over 257,000 macro towers and small cell sites with 314,000+ tenancies across three merged entities (Summit, Crest, and Elevar Digitel), backed by Brookfield, GIC, and BCI. H1 FY26 operating revenue was INR 121 billion with cash EBITDA of INR 42 billion and net distributable cash flow of INR 26 billion; AUM stands at INR 914 billion and NAV per unit at INR 154.91. The CFO guided FY26 DPU at INR 15.3 per unit and indicated forward revenue and EBITDA CAGR of 4-7%. The debt book of INR 440 billion has been actively managed, with INR 66 billion already refinanced into longer-tenor bonds at lower yields and INR 44 billion in upcoming maturities offering further cost-of-debt reduction opportunity, with leverage at 47% versus the SEBI ceiling of 70%.

Likely market impact

Positive for unitholders — guidance of stable INR 15.3 DPU for FY26, 4-7% forward revenue/EBITDA CAGR, and significant debt headroom (leverage at 47% vs 70% cap) support continued distributions and growth optionality, while management flagged near-term focus on maximizing the existing portfolio rather than new acquisitions.