Maple Infrastructure Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Maple Infrastructure Trust's Board approved audited standalone and consolidated financial results for FY25 (ended March 31, 2025), reporting a standalone total income of Rs. 4,604 million and profit after tax of Rs. 4,100 million, up from Rs. 3,952 million and Rs. 3,356 million respectively in FY24. Earnings per unit rose to Rs. 11.64 (FY25) vs Rs. 9.53 (FY24). The Board declared a distribution of Rs. 2.1366 per unit in the form of interest, with May 26, 2025 as record date and payment by June 2, 2025. Net Asset Value (NAV) stood at Rs. 145.6 per unit (net assets of Rs. 51,285 million against 352.17 million units). The Board also approved the appointment of GT Valuation Advisors as the new independent valuer for FY26 and re-appointed S.R. Batliboi & Co. LLP as statutory auditors for a second 5-year term. The auditor flagged an emphasis of matter regarding ongoing NHAI negotiations over project delays at subsidiary SJEPL, though the trust is indemnified by erstwhile shareholders.
The distribution declaration of Rs. 2.1366 per unit is positive for unitholders, with steady earnings growth (PAT up ~22% YoY). The failed NHAI conciliation at SJEPL is a watchpoint, but indemnification by previous owners mitigates immediate risk. The planned acquisition of ~2,100 lane km from Ashoka Concessions could expand the trust's toll road portfolio once clearances are received.