BSECapital Infra TrusMediumNeutral
Announced Fri, 14 Nov · 22:11 IST

Capital Infra Trus has informed the Exchange regarding Disclosure of material issue

Order Pipeline DisclosedPromoter Disclosed Acquisition PlansAnalyst Day Multiyear TargetsCfo Debt Reduction RoadmapInvestor Communications View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Capital Infra Trust reported Q2 FY26 revenue of ₹1,870.6 Mn (H1 FY26: ₹3,933.4 Mn) and EBITDA of ₹1,351.1 Mn versus a ₹630.6 Mn loss in Q1, with H1 FY26 EBITDA at ₹720.5 Mn and net profit of ₹47.1 Mn. H1 FY26 DPU came in at ₹6.86 per unit, in line with guidance, and Q2 distribution of ₹3.25 per unit (₹103.6 Cr in total) was declared with a record date of November 19, 2025. Net Debt/AUM dropped sharply from ~55% in June 2025 to ~45.6% as of November 14, 2025, helped by a ₹3,450 Mn preferential issue. Management reiterated targets of ~₹6,800+ Cr AUM in FY26 and aspirational ~₹10,000 Cr AUM by FY27E, supported by three ROFO assets expected to add over ₹2,500 Cr in AUM. The Trust holds an AAA Stable CRISIL/CARE rating and stays within SEBI leverage limits, with annuity receipts of ₹5,229 Mn tracking estimates.

Likely market impact

Positive for unitholders — DPU is tracking guidance, leverage has been brought down materially, and a visible acquisition pipeline and multi-year AUM growth path support future distribution growth. The strengthened balance sheet reduces refinancing risk while expanding room for accretive acquisitions.