Altius Telecom Infrastructure
Trust Reports Strong FY26 Performance with 25.2% Revenue Growth and
₹214.7 Billion in Cumulative Distributions
Date: 12 May 2026
Altius Telecom Infrastructure
Trust, formerly known as Data Infrastructure Trust, reported strong financial
and operational performance for FY2025–26, supported by the expansion of its
telecom infrastructure portfolio and rising demand for digital connectivity in
India.
The Trust, India's only listed
telecom tower Infrastructure Investment Trust (InvIT),
reported adjusted revenue of ₹12,262.3 crore for FY26, representing a
year-on-year growth of 25.2%. Cash EBITDA increased by 18.9% to ₹8,301.4
crore.
The investor presentation for the
full year and fourth quarter of FY26 was submitted to BSE Limited on 11 May
2026 by the investment manager, Data Link Investment Manager Private Limited.
Financial Performance: FY26 and
Q4 FY26
Financial metric
|
Financial metric |
FY26 |
FY25 |
Growth |
|
Adjusted revenue |
₹12,262.3 crore |
₹9,794 crore |
25.2% |
|
Cash EBITDA |
₹8,301.4 crore |
₹6,982 crore |
18.9% |
|
Q4 adjusted revenue |
₹3,103.7 crore |
₹3,078.6 crore |
0.8% |
|
Q4 Cash EBITDA |
₹2,105 crore |
₹1,984.5 crore |
6.1% |
FY25 includes approximately seven
months of Elevar operations. Adjusted revenue
excludes pass-through revenue, site rent reimbursement and specified Ind AS
adjustments. Cash EBITDA also excludes specified Ind AS adjustments.
The Trust distributed
approximately 98% of its Net Distributable Cash Flow (NDCF) during FY26,
reflecting its focus on returning cash to unitholders.
Consolidated Financial
Performance
The consolidated results include
the Trust and its subsidiaries: Summit Digitel
Infrastructure Limited, Elevar Digitel
Infrastructure Private Limited, Crest Digitel Private
Limited, Roam Digitel Infrastructure Private Limited
and Crest Virtual Network Private Limited.
Financial metric
|
Financial metric |
FY26 |
FY25 |
|
Revenue from operations |
₹24,165 crore |
₹19,454 crore |
|
Total income |
₹24,426.1 crore |
₹19,623.7 crore |
|
Total expenses |
₹23,090.3 crore |
₹18,699.9 crore |
|
Profit before tax |
₹1,320.9 crore |
₹923.8 crore |
|
Profit for the period |
₹1,106.6 crore |
₹839.9 crore |
|
Basic earnings per unit |
₹3.63 |
₹2.94 |
As of 31 March 2026, the Trust
reported consolidated total assets of ₹73,452.5 crore and total equity of
₹11,465.8 crore.
Operational Performance
Altius operates a nationwide
telecom infrastructure platform serving wireless connectivity requirements
across India.
Key operational indicators as of
31 March 2026 included:
Telecom sites: 258,111
Total tenancies: 315,351
Telecom circles covered: 22
Weighted average lease expiry
(WALE): Approximately 16 years
Net debt to assets under
management: 45.23%
Assets under management:
Approximately ₹97,188 crore
The Trust's scale and long-term
tenant agreements provide a foundation for recurring infrastructure revenues.
Distribution Track Record
During FY26, Altius distributed
₹15.60 per unit, exceeding its previously stated guidance of ₹15.30
per unit.
Since inception, cumulative
distributions have reached ₹77.60 per unit, amounting to approximately
₹21,470 crore in total distributions.
The Trust maintains domestic
credit ratings of AAA/Stable from CARE Ratings and CRISIL.
Growth Outlook
Altius's adjusted revenue and
Cash EBITDA recorded compound annual growth rates of approximately 28% and 23%,
respectively, between FY21 and FY26.
The Trust's expanded portfolio,
including Elevar's operations, has increased its
operating scale. Future performance will depend on additional telecom
tenancies, sustained demand for wireless connectivity, cost management, debt
servicing and the ability to maintain distributions to unitholders.
Source: https://scanx.trade/stock-market-news/companies/altius-telecom-infrastructure-trust-reports-strong-fy26-performance-with-25-2-revenue-growth-and-inr-214-7-bn-cumulative-distributions/40108384