Data 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 ₹ 36,468 Cr.
- Current Price ₹ 140
- High / Low ₹ 156 / 100
- Stock P/E
- Book Value ₹ 109
- Dividend Yield %
- ROCE 14.1 %
- ROE 14.1 %
- Face Value ₹
Pros
- Company is almost debt free.
Cons
- Company has a low return on equity of 13.6% over last 3 years.
- Working capital days have increased from 161 days to 239 days
* 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
Sector: Infrastructure Investment Trusts Industry: Construction
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 | |
|---|---|---|---|---|
| 0 | 1,386 | 3,904 | 4,065 | |
| 7 | 27 | 46 | 63 | |
| Operating Profit | -7 | 1,359 | 3,858 | 4,002 |
| OPM % | 98% | 99% | 98% | |
| 0 | 0 | 0 | 2 | |
| Interest | 10 | 4 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | -17 | 1,355 | 3,858 | 4,004 |
| Tax % | 0% | 0% | 0% | 0% |
| -17 | 1,355 | 3,858 | 4,003 | |
| EPS in Rs | 5.37 | 14.82 | 15.38 | |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 524% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0 | 25,215 | 26,115 | 26,115 | 26,115 |
| Reserves | -4 | 127 | 1,805 | 2,752 | 2,279 |
| 110 | 0 | 0 | 0 | 885 | |
| 6 | 236 | 663 | 694 | 774 | |
| Total Liabilities | 111 | 25,578 | 28,583 | 29,561 | 30,053 |
| 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 110 | 215 | 1,498 | 1,498 | 1,498 |
| 2 | 25,363 | 27,085 | 28,063 | 28,555 | |
| Total Assets | 111 | 25,578 | 28,583 | 29,561 | 30,053 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -1 | 1,038 | 2,194 | 3,031 | |
| 0 | -25,105 | -318 | 2 | |
| 2 | 24,080 | -1,863 | -3,056 | |
| Net Cash Flow | 1 | 12 | 12 | -22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 0 | 0 | 0 | |
| Working Capital Days | 88 | 156 | 239 | |
| ROCE % | 11% | 14% | 14% |
Documents
Announcements
- Reg 23(5)(i): Disclosure of material issue 1d
- Board Meeting Intimation for Approval Of The Audited Standalone And Consolidated Financial Information Of The Trust For The Financial Year Ended March 31, 2024. 9 May
- Reg 23(5)(d): Disclosure of details of any credit rating obtained by the InvIT and any change in such rating 30 Apr
- Reg 23(5)(i): Disclosure of material issue 30 Apr
- Reg 26K: Quarterly Compliance Report on Corporate governance 19 Apr
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]