Energy Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Energy Infrastructure Trust held its first investor call for Q4 FY26, reporting volumes of 34.46 MMSCMD (flat YoY) and tariff increase to INR79.3/MMBTU. The company benefits from long-term take-or-pay contracts with ~60 customers and a new PNGRB tariff order effective January 2026 at INR74.67/MMBTU levelized. Management guided flat volumes for the next two years with Crown LNG project expected in ~3.5 years. EIT maintains AAA credit ratings, debt-to-AUM below 49%, and distributed INR15.2/unit in FY26. The West Asia conflict has actually boosted volumes by 7% in recent months. Management clarified they have no current plans to convert from private to public trust despite previous considerations.
The flat volume guidance and debt refinancing plans for March 2027 (INR1,000 crore bullet) suggest stable but limited near-term growth. The 2039 contract expiry with Reliance creates a known terminal value concern that investors should factor into their models.