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 ₹ 44,952 Cr.
- Current Price ₹ 148
- High / Low ₹ 160 / 140
- Stock P/E 54.6
- Book Value ₹ 46.3
- Dividend Yield 19.0 %
- ROCE 8.24 %
- ROE 5.91 %
- Face Value ₹ 150
Pros
- Stock is providing a good dividend yield of 19.0%.
- Company is expected to give good quarter
Cons
- Stock is trading at 3.19 times its book value
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 4.98% 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 7,477 | 8,244 | 9,786 | 11,100 | 12,878 | 19,454 | 22,056 | |
| 4,620 | 5,209 | 6,330 | 6,862 | 8,036 | 11,598 | 13,001 | |
| Operating Profit | 2,856 | 3,035 | 3,456 | 4,238 | 4,842 | 7,856 | 9,055 |
| OPM % | 38% | 37% | 35% | 38% | 38% | 40% | 41% |
| 12 | 15 | 33 | 143 | 472 | 170 | 172 | |
| Interest | 3,204 | 2,077 | 1,612 | 2,082 | 2,500 | 3,630 | 4,073 |
| Depreciation | 1,778 | 1,956 | 1,330 | 1,506 | 1,705 | 3,472 | 4,205 |
| Profit before tax | -2,113 | -983 | 548 | 793 | 1,109 | 924 | 949 |
| Tax % | -0% | -0% | 0% | -0% | -1% | 9% | |
| -2,113 | -983 | 547 | 797 | 1,119 | 840 | 824 | |
| EPS in Rs | -3.90 | 2.10 | 3.06 | 4.30 | 2.76 | 2.70 | |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 786% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 26% |
| TTM: | 62% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 15% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 5% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | -0.00 | 25,215 | 26,115 | 26,115 | 26,102 | 31,273 |
| Reserves | -1,028 | -5,122 | -6,849 | -9,129 | -12,732 | -16,209 |
| 26,934 | 18,185 | 21,993 | 29,644 | 31,367 | 50,670 | |
| 18,189 | 3,168 | 4,399 | 4,701 | 4,921 | 9,003 | |
| Total Liabilities | 44,096 | 41,446 | 45,658 | 51,331 | 49,657 | 74,737 |
| 38,738 | 38,031 | 42,019 | 42,106 | 45,674 | 65,740 | |
| CWIP | -0 | 2 | 54 | 49 | 52 | 155 |
| Investments | -0 | -0 | 137 | -0 | -0 | -0 |
| 5,358 | 3,413 | 3,449 | 9,175 | 3,931 | 8,842 | |
| Total Assets | 44,096 | 41,446 | 45,658 | 51,331 | 49,657 | 74,737 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 3,006 | 271 | 3,209 | 4,356 | 5,832 | 7,066 | |
| -8,438 | -11,161 | -3,893 | -6,995 | -294 | -14,150 | |
| 5,477 | 11,848 | 297 | 2,596 | -5,467 | 4,368 | |
| Net Cash Flow | 46 | 959 | -387 | -43 | 70 | -2,716 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 2 | 6 | 3 | 29 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 1 | 1 | 2 | 6 | 3 | 29 |
| Working Capital Days | -852 | -8 | -49 | -75 | -78 | -30 |
| ROCE % | 3% | 5% | 6% | 7% | 8% |
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
30 Jul - Quarterly report with Rs. 2,675 Cr NCD issuances and listings by Altius Telecom Trust and SPV.
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Reg 23(5)(i): Disclosure of material issue
30 Jul - Q1 FY2025-26 unaudited financials, NAV Rs.149.09/unit, stable income, no material deviations reported.
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Reg 23(5)(g): Outcome of Unitholder meetings
25 Jul - Altius Telecom Trust AGM: audited financials, valuation, valuer appointment, amended distribution policy approved.
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Reg 23(5)(i): Disclosure of material issue
24 Jul - Board meeting on July 30 to approve Q1 FY26 financials; trading window closed from July 1.
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Reg 26K: Quarterly Compliance Report on Corporate governance
21 Jul - Quarterly corporate governance compliance report for Altius Telecom Infrastructure Trust ending June 30, 2025.
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]