Altius Telecom Infrastructure Trust (543225) Q4 25/26 earnings summary

Executive summary

• Consolidated revenue from operations for FY26 was ₹241,650 million, up from ₹194,540 million in FY25, reflecting the full-year impact of the Elevar acquisition and organic growth.

• Profit for the year attributable to unitholders was ₹11,066 million, up from ₹8,399 million in FY25, with total comprehensive income at ₹11,690 million.

• The Trust distributed ₹47,676 million to unitholders in FY26, maintaining a payout above the 90% regulatory threshold.

• Major acquisition: Elevar Digitel Infrastructure Private Limited (formerly ATC Telecom Infrastructure) was acquired for ₹132,877 million, funded by a preferential issue and NCDs.

Financial highlights

• EBITDA margin for FY26 was 41.49%, with a net profit margin of 5%.

• Earnings per unit (EPU) for FY26 was ₹3.63 (basic and diluted), up from ₹2.94 in FY25.

• Net worth as of March 31, 2026, stood at ₹116,247 million.

• Debt-equity ratio increased to 4.59 from 3.36, reflecting higher leverage post-acquisition.

• Net borrowings ratio was 45.23% of InvIT assets.

• Cash and cash equivalents at year-end were ₹15,801 million.

Outlook and guidance

• The Trust expects continued growth in revenue and cash flows, driven by the expanded asset base and stable demand for telecom infrastructure.

• Management remains focused on optimizing capital structure and maintaining high distribution payouts.