BSEAltius Telecom Infrastructure TrustHighNeutral
Announced Mon, 19 May · 19:06 IST

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

Emphasis Of MatterRevenue Growth 20pctPat Growth 25pctRelated Party TransactionsDebt Equity ThresholdNegative Operating CashflowResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Data Link Investment Manager (acting as Investment Manager of Altius Telecom Infrastructure Trust) approved audited standalone and consolidated financial results for FY25 (year ended March 31, 2025). Total income and gains surged to Rs. 65,536 million from Rs. 43,021 million in FY24 (~52% growth), driven by the acquisition of Elevar Digitel Infrastructure (formerly ATC Telecom) in September 2024, which brought in Rs. 20,508 million of dividend income. Profit after tax rose ~36% YoY to Rs. 56,795 million, with earnings per unit of Rs. 19.88 versus Rs. 16.08 last year. Net Distributable Cash Flows stood at Rs. 58,310 million, against which Rs. 57,547 million was distributed to unitholders. Total assets expanded to Rs. 489,188 million from Rs. 299,680 million, while borrowings jumped to Rs. 135,213 million (debt-equity ratio rose from 0.04 to 0.39). Deloitte Haskins & Sells LLP issued an unmodified audit opinion with an Emphasis of Matter on the presentation of Unit Capital as Equity under InvIT regulations.

Likely market impact

Strong earnings and distribution growth supported by the Elevar acquisition is positive for unitholders, though the sharp rise in leverage (debt-equity from 0.04 to 0.39) increases the risk profile. AAA credit ratings have been reaffirmed, and the trust continues to distribute over 90% of NDCF, making it attractive for income-focused investors.