Altius Telecom Infrastructure Trust Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹53,174 Cr
- P/E
- 42.03
- ROE
- 8.07%
- PEG
- 2.71
- Price to sales
- 2.20
- Debt to equity
- 4.59
- 52W high / low
- ₹180 / ₹146
- Sales growth (5Y)
- 24.00%
- EBITDA margin
- 41.60%
- Net profit margin
- 4.43%
- Sales (last year)
- ₹24,160 Cr
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.
Guidance scorecard · Q1 FY27 call
What Altius Telecom Infrastructure Trust's management guided
and where it ranks in Telecom - Services
Telecom - Services
RevenueQ4 FY26 call
20–40%- Altius InvIT expects strong growth driven by long-term contracted assets and predictable revenue streams.
- FY26 saw a 25.2% year-on-year increase in adjusted revenue to INR 122.6 billion.
- The platform anticipates adding nearly 366,000 macro tenancies over the next five years, especially in semi-rural and rural areas.
- Growth levers include contractual escalations with long-term MSAs, organic tenancy expansions, and selective value-accretive inorganic acquisitions.
- The trust has a consistent record of distribution growth, with FY26 DPU at INR 15.6, exceeding guidance.
- Long-term lease contracts (weighted average lease expiry of ~16 years) ensure revenue stability.
2 more points from Altius Telecom Infrastructure Trust's call on revenue
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MarginsQ4 FY26 call
FlatSee what Altius Telecom Infrastructure Trust said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Altius expects telecom operators to add nearly 366,000 macro tenancies in the next five years, indicating significant organic growth opportunities.
- The trust maintains significant headroom for funding future growth capex with a net debt to AUM at approximately 45%, well below the 70% regulatory limit, supported by partnerships with over 40 lending institutions.
- The diversified and flexible capital structure supports sustainable growth and enables funding of capex needs.
2 more points from Altius Telecom Infrastructure Trust's call on capex
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FundraisingQ4 FY26 call
See what Altius Telecom Infrastructure Trust said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- It highlights that telecom operators are expected to add nearly 366,000 macro tenancies in the next five years, indicating a strong growth opportunity and potential business pipeline.
- The Trust's portfolio includes long-term contracts with a weighted average lease expiry of nearly 16 years, providing predictable recurring revenue.
- Discussions with customers and market trends suggest optimism about network rollouts and increased tenancy additions.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Telecom - Services
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Telecom - Services companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹39,185 Cr | 68.4 | |
| 2 | 40%+ | Flat | ₹3,509 Cr | 11.7 | |
| 3 | 40%+ | Flat | ₹3,372 Cr | 15.5 | |
| 4 | 20–40% | Flat | ₹11.94L Cr | 38.2 | |
| 5 | 20–40% | Flat | ₹81,095 Cr | 43.9 | |
| 6 | Altius TelecomThis stock | 20–40% | Flat | ₹52,416 Cr | 41.4 |
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Pro shows every company guiding 40%+ revenue growth →Full Telecom - Services rankingFinancials of Altius Telecom Infrastructure Trust
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Altius Telecom Infrastructure Trust
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,714 | 2,797 | 3,220 | 3,410 | 3,476 | 3,479 | 4,022 | 6,014 | 5,939 | 6,030 | 6,080 | 6,034 | 6,021 |
| Expenses + | 1,642 | 1,667 | 2,024 | 2,171 | 2,175 | 2,170 | 2,447 | 3,467 | 3,514 | 3,573 | 3,596 | 3,542 | 3,503 |
| Operating Profit | 1,071 | 1,130 | 1,195 | 1,239 | 1,301 | 1,309 | 1,576 | 2,546 | 2,426 | 2,457 | 2,484 | 2,492 | 2,518 |
| OPM % | 39% | 40% | 37% | 36% | 37% | 38% | 39% | 42% | 41% | 41% | 41% | 41% | 42% |
| Other Income + | 29 | 178 | 91 | 179 | 0 | 14 | 41 | 58 | 57 | 66 | 100 | 48 | 42 |
| Interest | 419 | 577 | 659 | 633 | 632 | 639 | 771 | 1,124 | 1,096 | 1,082 | 1,073 | 1,062 | 1,073 |
| Depreciation | 371 | 387 | 439 | 448 | 430 | 442 | 619 | 1,213 | 1,200 | 1,174 | 1,178 | 1,131 | 1,114 |
| Profit before tax | 310 | 345 | 189 | 336 | 239 | 242 | 227 | 268 | 187 | 267 | 334 | 347 | 373 |
| Tax % | -4% | 0% | 1% | -3% | -1% | -0% | 7% | 18% | 11% | 15% | 16% | 16% | 17% |
| Net Profit + | 322 | 344 | 188 | 346 | 241 | 243 | 210 | 220 | 167 | 227 | 280 | 290 | 310 |
| EPS in Rs | 1.24 | 1.32 | 0.72 | 1.33 | 0.93 | 0.93 | 0.69 | 0.72 | 0.55 | 0.74 | 0.92 | 0.95 | 1.02 |
Financials of Altius Telecom Infrastructure Trust
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 7,477 | 8,244 | 9,786 | 11,100 | 12,878 | 19,454 | 24,165 |
| Expenses + | 4,620 | 5,209 | 6,330 | 6,862 | 8,036 | 11,592 | 14,203 |
| Operating Profit | 2,856 | 3,035 | 3,456 | 4,238 | 4,842 | 7,862 | 9,962 |
| OPM % | 38% | 37% | 35% | 38% | 38% | 40% | 41% |
| Other Income + | 12 | 15 | 33 | 143 | 472 | 164 | 246 |
| Interest | 3,204 | 2,077 | 1,612 | 2,082 | 2,500 | 3,630 | 4,290 |
| Depreciation | 1,778 | 1,956 | 1,330 | 1,506 | 1,705 | 3,472 | 4,598 |
| Profit before tax | -2,113 | -983 | 548 | 793 | 1,109 | 924 | 1,321 |
| Tax % | 0% | 0% | 0% | -0% | -1% | 9% | 16% |
| Net Profit + | -2,113 | -983 | 547 | 797 | 1,119 | 840 | 1,107 |
| EPS in Rs | -3.90 | 2.10 | 3.06 | 4.30 | 2.76 | 3.63 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 463% |
Financials of Altius Telecom Infrastructure Trust
Balance Sheet
Capital structure and asset base
| 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 | 31,273 | 32,781 |
| Reserves | -1,028 | -5,122 | -6,849 | -9,129 | -12,732 | -16,209 | -21,315 |
| Borrowings + | 26,934 | 18,196 | 21,993 | 29,644 | 31,367 | 50,670 | 52,667 |
| Other Liabilities + | 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 |
| Fixed Assets + | 38,738 | 38,031 | 42,019 | 42,106 | 45,674 | 65,739 | 63,096 |
| CWIP | 0 | 2 | 54 | 49 | 52 | 156 | 138 |
| Investments | 0 | 0 | 137 | 0 | 0 | 0 | 0 |
| Other Assets + | 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 |
Financials of Altius Telecom Infrastructure Trust
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 3,006 | 271 | 3,209 | 4,356 | 5,832 | 7,066 | 9,851 |
| Cash from Investing Activity + | -8,438 | -11,161 | -3,893 | -6,995 | -294 | -11,056 | -895 |
| Cash from Financing Activity + | 5,477 | 11,848 | 297 | 2,596 | -5,467 | 4,368 | -8,398 |
| Net Cash Flow | 46 | 959 | -387 | -43 | 70 | 378 | 559 |
| Free Cash Flow | -5,458 | -10,792 | -303 | -2,805 | 5,529 | 6,460 | 8,864 |
| CFO/OP | 108% | 7% | 93% | 103% | 121% | 93% | 102% |
Financials of Altius Telecom Infrastructure Trust
Ratios
Working capital efficiency and return ratios
| 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% |
Guidance history
How Altius Telecom Infrastructure Trust's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 20–40% | Flat | Planned | — | — |
| Q2 FY26 call → | 0–10% | Flat | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
68 out of 100 — Steady
Over the past year its share price has moved roughly in the middle of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +16.8% | 72% |
| Last 6 months | +8.0% | 65% |
| Last 3 months | +1.7% | 67% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Altius Telecom Infrastructure Trust: 0.4 × 72 + 0.4 × 65 + 0.2 × 67 = 68.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Altius Telecom Infrastructure Trust's management said in earlier quarters
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