Capital Infra Trus has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Capital Infra Trust shared updates from its Q2 FY26 earnings call held on November 18, 2025. The Trust completed a INR 345 crore preferential issue, reducing net debt from ~55% to 45.6%, and plans to repay INR 420 crore of borrowings by December. It is acquiring three operational HAM road assets (Jodhpur Ring Road, Hasanpur-Bakthiyarpur, and Champa-Korba) at a 9% discount to enterprise value of INR 2,590 crore, expected to boost AUM by over 60% from INR 4,282 crore to about INR 6,800 crore by FY26. H1 FY26 total income stood at INR 393 crore with a net profit of INR 5 crore, and the board declared a Q2 DPU of INR 3.25 per unit. The Trust guided for cash yield of 10-12%, short-term leverage of 45-47%, and a target AUM of at least INR 10,000 crore by FY27 through a 17-asset ROFO pipeline plus third-party acquisitions.
For unitholders, the deleveraging and accretive acquisitions support stable DPU distributions, while the pending INR 2,400 crore acquisition (INR 1,250 cr equity + INR 1,150 cr debt) may lead to near-term unit dilution. The stock could see positive sentiment from AUM growth guidance and the credit-rating strength (AAA/Stable).