Digital Fibre Infrastructure Trust has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2024-25
Awaiting price reaction for this filing.
Digital Fibre Infrastructure Trust (DFIT), a SEBI-registered InvIT sponsored by Reliance Industrial Investments and Holdings Limited, has submitted its annual full valuation report for the underlying asset, Jio Digital Fibre Private Limited (JDFPL), as at March 31, 2025. The valuation was done by Ernst & Young Merchant Banking Services LLP, in line with SEBI InvIT Regulations. The enterprise value of JDFPL was estimated at ₹2,20,048 crore using the discounted cash flow (income approach) method, while the net asset value method gave ₹1,67,710 crore. The equity value stood at ₹515 crore. The Staggered Loan given to JDFPL was valued at ₹21,574 crore and the Fixed Rate Loans at ₹32,972 crore. JDFPL operates a pan-India optic fibre network of around 30.1 million fibre pair kilometres, with Reliance Jio Infocomm as the anchor tenant.
This is a routine annual regulatory disclosure required under SEBI InvIT rules and does not directly affect unit price. Investors should compare the DCF-based enterprise value with the NAV figure to gauge asset growth, and note that JDFPL reported a loss after tax of ₹2,209 crore for FY25 despite strong operating revenue of ₹18,553 crore, mainly due to high interest and depreciation costs.