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 ₹ 52,111 Cr.
- Current Price ₹ 171
- High / Low ₹ 180 / 146
- Stock P/E 41.2
- Book Value ₹ 37.6
- Dividend Yield 2.35 %
- ROCE 8.60 %
- ROE 8.07 %
- Face Value ₹ 150
Pros
Cons
- Stock is trading at 4.54 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.96% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 7,477 | 8,244 | 9,786 | 11,100 | 12,878 | 19,454 | 24,165 | 24,160 | |
| Sales growth | +10% | +19% | +13% | +16% | +51% | +24% | +10% | |
| 4,620 | 5,209 | 6,330 | 6,862 | 8,036 | 11,592 | 14,203 | 14,110 | |
| Operating Profit | 2,856 | 3,035 | 3,456 | 4,238 | 4,842 | 7,862 | 9,962 | 10,050 |
| OPM % | 38% | 37% | 35% | 38% | 38% | 40% | 41% | 42% |
| 12 | 15 | 33 | 143 | 472 | 164 | 246 | 270 | |
| Interest | 3,204 | 2,077 | 1,612 | 2,082 | 2,500 | 3,630 | 4,290 | 4,291 |
| Depreciation | 1,778 | 1,956 | 1,330 | 1,506 | 1,705 | 3,472 | 4,598 | 4,517 |
| Profit before tax | -2,113 | -983 | 548 | 793 | 1,109 | 924 | 1,321 | 1,512 |
| Tax % | 0% | 0% | 0% | -0% | -1% | 9% | 16% | |
| -2,113 | -983 | 547 | 797 | 1,119 | 840 | 1,107 | 1,255 | |
| EPS in Rs | -3.90 | 2.10 | 3.06 | 4.30 | 2.76 | 3.63 | 4.12 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 30% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 15% |
| TTM: | 54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 7% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.00 | 25,215 | 26,115 | 26,115 | 26,102 | 32,781 | 32,781 |
| Reserves | -1,028 | -5,122 | -6,849 | -9,129 | -12,732 | -17,717 | -21,315 |
| 26,934 | 18,196 | 21,993 | 29,644 | 31,367 | 50,670 | 52,667 | |
| 18,189 | 3,157 | 4,399 | 4,701 | 4,921 | 9,000 | 9,320 | |
| Total Liabilities | 44,096 | 41,446 | 45,658 | 51,331 | 49,657 | 74,734 | 73,452 |
| 38,738 | 38,031 | 42,019 | 42,106 | 45,674 | 65,739 | 63,092 | |
| CWIP | 0 | 2 | 54 | 49 | 52 | 156 | 142 |
| Investments | 0 | 0 | 137 | 0 | 0 | 0 | 0 |
| 5,358 | 3,413 | 3,449 | 9,175 | 3,931 | 8,839 | 10,219 | |
| Total Assets | 44,096 | 41,446 | 45,658 | 51,331 | 49,657 | 74,734 | 73,452 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 3,006 | 271 | 3,209 | 4,356 | 5,832 | 7,066 | 9,851 | |
| -8,438 | -11,161 | -3,893 | -6,995 | -294 | -11,056 | -897 | |
| 5,477 | 11,848 | 297 | 2,596 | -5,467 | 4,368 | -8,398 | |
| Net Cash Flow | 46 | 959 | -387 | -43 | 70 | 378 | 557 |
| Free Cash Flow | -5,458 | -10,792 | -303 | -2,805 | 5,529 | 6,460 | 8,864 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 108% | 7% | 93% | 103% | 121% | 93% | 102% |
Ratios
Consolidated / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 2 | 6 | 3 | 29 | 22 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 1 | 1 | 2 | 6 | 3 | 29 | 22 |
| Working Capital Days | -852 | -8 | -49 | -75 | -78 | -30 | -54 |
| ROCE % | 3% | 5% | 6% | 8% | 8% | 9% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Tenancy Ratio x |
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| Total Telecom Sites (Towers, IBS, Small Cells) count |
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| Total Tenancies count |
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| Full-time Employees (On-roll) count |
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| IBS Market Share (Crest Digitel) % |
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| Weighted Average Lease Expiry (WALE) years |
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| Market Share by Number of Towers % |
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Extracted by Screener AI
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
- Board meeting on November 12, 2026 to approve Q2/H1 FY2027 financial results and interim statements.
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Reg 23(5)(i): Disclosure of material issue
- Investor call scheduled for November 13, 2026 at 4:00 p.m. to discuss HY1 FY27 performance.
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Reg 26K: Quarterly Compliance Report on Corporate governance
- Submitted Q2 FY27 corporate governance compliance report for quarter ended September 30, 2026.
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Unit Holding Pattern
- Filed unitholding pattern as on September 30, 2026; sponsor holds 37.28%, public 62.72%.
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Investor Complaints
- Q2 FY27 investor complaints report filed; zero complaints pending or received.
Annual reports
-
Annual Report 2025
from web
-
Annual Report 2024
from web
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
Concalls
-
Aug 2026PPT
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May 2026Transcript PPT
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Feb 2026PPT
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Nov 2025Transcript PPT
Evolution:[1]
The trust acquired Summit in August 2020 and Crest in March
2022. It acquired ATC India for ₹132.88 billion in September 2024, renamed it Elevar and combined the three platforms under Altius. In FY26, was the first full year of integrated operations. It is now an operator-neutral macro, indoor and small-cell network.[2]