Altius Telecom Infrastructure Trust
Data Infrastructure Trust is enaged in the business to carry on the activities of an infrastructure investment trust, as permissible under the SEBI InvIT Regulations and to raise funds and making investments in accordance with the SEBI InvIT Regulations and Indenture of Trust.
- Market Cap ₹ 48,118 Cr.
- Current Price ₹ 158
- High / Low ₹ 165 / 140
- Stock P/E 12.0
- Book Value ₹ 114
- Dividend Yield 7.43 %
- ROCE 16.5 %
- ROE 17.9 %
- Face Value ₹ 150
Pros
- Stock is providing a good dividend yield of 7.43%.
Cons
- Tax rate seems low
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Telecommunication Telecommunication Telecom - Services Telecom - Infrastructure
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 1,386 | 3,904 | 4,065 | 4,146 | 6,554 | 5,418 | |
| 7 | 27 | 46 | 63 | 72 | 111 | 90 | |
| Operating Profit | -7 | 1,359 | 3,858 | 4,002 | 4,074 | 6,443 | 5,327 |
| OPM % | 98% | 99% | 98% | 98% | 98% | 98% | |
| 0 | 0 | 0 | 2 | 156 | 0 | 1 | |
| Interest | 10 | 4 | 0 | 0 | 46 | 756 | 1,295 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -17 | 1,355 | 3,858 | 4,004 | 4,184 | 5,688 | 4,033 |
| Tax % | 0% | 0% | 0% | 0% | -0% | 0% | |
| -17 | 1,355 | 3,858 | 4,003 | 4,185 | 5,680 | 4,024 | |
| EPS in Rs | 5.37 | 14.82 | 15.38 | 16.08 | 18.64 | 13.21 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 108% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 222% |
| 3 Years: | 14% |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 16% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 25,215 | 26,115 | 26,115 | 26,102 | 31,273 | 30,578 |
| Reserves | -4 | 127 | 1,805 | 2,752 | 2,271 | 3,691 | 4,049 |
| 110 | 0 | 0 | 0 | 1,238 | 13,521 | 14,080 | |
| 6 | 236 | 663 | 694 | 357 | 434 | 453 | |
| Total Liabilities | 111 | 25,578 | 28,583 | 29,561 | 29,968 | 48,919 | 49,160 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 110 | 215 | 1,498 | 1,498 | 1,498 | 14,786 | 14,786 |
| 2 | 25,363 | 27,085 | 28,063 | 28,470 | 34,133 | 34,375 | |
| Total Assets | 111 | 25,578 | 28,583 | 29,561 | 29,968 | 48,919 | 49,160 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -1 | 1,038 | 2,194 | 3,031 | 4,678 | -55 | |
| 0 | -25,105 | -318 | 2 | -1,184 | -12,312 | |
| 2 | 24,080 | -1,863 | -3,056 | -3,488 | 12,443 | |
| Net Cash Flow | 1 | 12 | 12 | -22 | 6 | 76 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | |
| Working Capital Days | 88 | 156 | 239 | 139 | 295 | |
| ROCE % | 11% | 14% | 14% | 14% | 16% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Total Tower Sites (Consolidated) Number |
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| Consolidated Tenancy Ratio Ratio |
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| Summit Digitel Tower Portfolio Number |
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| Crest Digitel Site Portfolio (IBS/Small Cell) Number |
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| Total Tenancies (Consolidated) Number |
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| Network Uptime % |
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| Elevar Digitel (formerly ATC India) Tower Portfolio Number |
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Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
27 Feb - Investor presentation for Altius Telecom Infrastructure Trust dated Feb 27, 2026; presentation enclosed and published on trust website.
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Reg 18(6): Disclosure of record date for purpose of distribution
25 Feb - Declared Rs.3.1174 per unit distribution; record date March 2, 2026; payment by March 10, 2026.
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Reg 23(5)(i): Disclosure of material issue
25 Feb - Declared Rs.3.1174/unit distribution (Rs.1.7778 RoC, Rs.1.3396 RoC); record date Mar 2; payable by Mar 10, 2026.
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Reg 23(5)(i): Disclosure of material issue
18 Feb - Board meeting Feb 25 to consider distribution; record date Mar 2; trading window closed from Feb 19.
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Reg 23(5)(i): Disclosure of material issue
12 Feb - Board approved unaudited results for quarter/nine months ended Dec 31, 2025; distributions Rs38,176m; NCD security certificate enclosed.
History
DIT, formerly known as Tower Infrastructure Trust, was originally incorporated by Reliance Industrial Investments and Holdings in FY19, as a trust. In FY20, BIF IV Jarvis India Pte Ltd became sponsor to the InvIT by subscribing to 89.79% of the InvIT units. Post this, the InvIT acquired a 100% equity stake in SDIL. The units of the InvIT got listed on the Bombay Stock Exchange (BSE) w.e.f. Sep,20. In Oct,21, the name of the trust was changed to Data Infrastructure Trust. The trustee is Axis Trustee Services Ltd. Brookfield India Infrastructure Manager Pvt Ltd (BIIMPL) is the investment manager of the trust. SDIL is Data InvIT’s first investment and is engaged in the business of operating and managing the tower assets which have been transferred to it from RJIL. In March 2022, Data InvIT acquired Crest, a leading indoor coverage solutions provider in India, for a consideration of around Rs 900 crore.[1]