Altius Telecom Infrastructure Trust · BSE:ALTIUSINVIT
Altius Telecom Infrastructure Trust — FY2026 Earnings Presentation
24 slides from Altius Telecom Infrastructure Trust's earnings presentation, May 11, 2026
Slide 1: BSE intimation letter for investor presentation
May 11, 2026 To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001, Maharashtra, India. Sub: Investor Presentation for Altius Telecom Infrastructure Trust Ref: Altius Telecom Infrastructure Trust (formerly known as Data Infrastructure Trust) (“Trust”) (Scrip Code: 543225, 975310
Slide 2: Investor Presentation FY26 Full Year and Q4 Results
Investor Presentation FY26 Full Year and Q4 Results
Slide 3: Disclaimer
Disclaimer By reading this presentation (the “Presentation”), you agree to be bound by the following limitations: This Presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular person, and should not be disclosed, reproduced,
Slide 4: Who We Are
1. Who We Are ee ee
Slide 5: Largest Independent Wireless Connectivity Infrastructure Platform in India
Largest Independent Wireless Connectivity Infrastructure Platform in India1 SEBI Registered InvIT Backed by Marquee Investors 258k+ (Sponsor) GIC5 BCI6 Others7 Pan-India Towers, IBS2 & Small Cell Sites Investment Manager Trustee Data Link Investment Managers Pvt Ltd 315k+ Axis Trustee Services Ltd (
Slide 6: India Telecom Infrastructure – Multi-Decade Organic Growth Tailwinds
2. India Telecom Infrastructure – Multi-Decade Organic Growth Tailwinds
Slide 7: Data Consumption is Growing Exponentially in India
Data Consumption is Growing Exponentially in India Indian Data Indian Smartphone Indian Mobile Subscription Mix3 Digital Economy Size4 Consumption1 Connections2 (%) (% of GDP, $) (GB per month per user) (mn) 4% $625bn ~$1.25tn 53 1.2x 24% 31% 2.0x 1% 19% 1,111 609mn FY 20 44% 12% 14% FY 23 10 GB 26
Slide 8: Telecom Operators are Investing to Meet the Demand
Telecom Operators are Investing to Meet the Demand India Tenancy Growth To Remain Robust1,2 The The Economic Economic Times Times Communications Communications Today Today (in ‘000s) 1,294 1.4x 1.2x 928 Fortune India The Economic Times 796 Mar-22 Dec-25 Mar-31 : Providing Critical Infrastructure Ena
Slide 9: InvIT Structure
3. InvIT Structure
Slide 10: The Only Listed Telecom Tower InvIT
: The Only Listed Telecom Tower InvIT Altius offers a scarce opportunity to participate in digital growth story with …and has a ~13% Share Of The AUM Across InvITs1 benefits of an InvIT structure… # of InvITs % Share ~13% 16 100% ~87% Others Altius: Key differentiating factors 4 WALE of ~16 years, o
Slide 11: Clear Structural Differentiation | Sponsor aligned with unitholders
Clear Structural Differentiation | Sponsor aligned with unitholders • The InvIT has a proven track record of acquiring assets directly at the Trust level, ensuring all transaction upside and value accretion fully accrue to unitholders • Assets are acquired with no DevCo, sponsor, or affiliate layer
Slide 12: Recent Operational & Financial Highlights
4. Recent Operational & Financial Highlights
Slide 13: Financial Highlights
Financial Highlights 3 Particulars (INR Mn) FY26 FY25 YoY Q4 FY26 Q4 FY25 YoY Adjusted Revenue1 122,623 97,940 25.2% 31,037 30,786 0.8% Cash EBITDA2 83,014 69,820 18.9% 21,050 19,845 6.1% ~98%4 of NDCF has been Distributed in FY 26 Note: 1. Adjusted revenue represents Infrastructure Provisioning (IP
Slide 14: Operational Highlights (Historical)
Operational Highlights (Historical) Towers (in ‘000s)1 Tenancy 1.0x 1.0x 1.1x 1.1x 1.2x 1.2x Ratio (x) 13% Total Towers FY 21-26 CAGR 257 258 180 153 160 138 FY21 FY22 FY23 FY24 FY25 FY26 Note: 1. Rounded off to the nearest thousand 13
Slide 15: Consistent Distribution Payment Track Record
Consistent Distribution Payment Track Record Distribution Track Record Total Distributions 10.3 21.8 30.6 46.8 57.5 47.7 (INR Bn) Return on Capital 4.1 8.6 11.7 17.9 14.7 10.3 per unit (INR) Return of Capital 0.1 4.9 5.3 per unit (INR) 19.6 Distribution guidance 18.0 of ₹ 15.3 / unit4 5.4 11.7 7.3 8
Slide 16: Long Term Contracted Cash Flows with Downside Protection
Long Term Contracted Cash Flows with Downside Protection Down-side Protection with Fixed Contracted Revenue Tenancy Share (%) Locked in for up to ✓ High visibility of revenues due to long term MSAs3 10 years1 ✓ WALE of ~16 years, one of the best in the industry4 315k+ Downside protection given long
Slide 17: Financial Position – Uniquely Positioned for Growth and Yield
Financial Position – Uniquely Positioned for Growth and Yield Resilient Net Debt / AUM at 45.23%, Optimally Financed With AAA / Stable Significant Headroom For EBITDA Margin InvIT Credit Rating1 Growth Capex 40+ Lending Partners Note: 1. Rated by Crisil and CARE 16
Slide 18: Well-Diversified Debt Book with Headroom for Growth Capex
Well-Diversified Debt Book with Headroom for Growth Capex 8.09%1 72% INR 15.8 Bn Cost Of Debt Fixed Rate Borrowings Closing Cash Well-Diversified Debt Book Debt Headroom For Growth Capex Debt Mix by Instrument (INR 448 Bn) NCD Investor Break-up (INR 253 Bn) 22 70.00% 35 11 9 56 138 NCDs 79 Term Loan
Slide 19: Growth Driven by Organic and Inorganic Opportunities
Growth Driven by Organic and Inorganic Opportunities Adjusted Revenue1 and Cash EBITDA2 (in INR Bn) 28% Adjusted Revenue 23% Cash EBITDA FY 21-26 CAGR 123 98 83 70 64 54 48 44 42 36 35 30 3 3 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Adjusted Revenue Cash EBITDA Note: Data has been rounded off to the near
Slide 20: Altius's Growth Path
Altius’s Growth Path INORGANIC GROWTH INCREASING POPS2 BUILT-IN CONTRACTUAL ESCALATIONS Upcoming Rollouts Benefit From Consolidation MNOs3 are expected to add 366k4 macro tenancies by FY 31 and expand Pursue opportunistic M&A opportunities presence in semi-rural and rural areas to enhance scale & va
Slide 21: Summary of Our Business Strengths
Summary of Our Business Strengths ✓✓✓ ✓✓✓ ✓✓✓ ✓✓✓ Uniquely Experienced Long Term Distribution Growth Potential Sound Financial Contracted Cash ✓✓✓ Track Record Driven by both Position and Well Positioned to Management and Flows with Organic and Capitalized Optimize Board Downside ✓✓✓ Inorganic Balan
Slide 22: Appendix
Appendix Altius
Slide 23: Highly Seasoned Leadership Team
Highly Seasoned Leadership Team… Munish Seth Rahul Katiyar Ashwani Khillan Biswajit Patnaik Group MD CFO COO Chief Commercial & Sales Officer Note: MD – Managing Director. CFO – Chief Financial Officer. COO – Chief Operating Officer. Detailed bio link | Altius 22
Slide 24: Altius
Altius
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