Interest Cost Reduction Deleveraging
What: Coupon Rate: 7.42%
Impact: ₹830 Cr debt refinancing
TVS Infrastructure Trust (Infra/Real Estate Investment Trust) — fundamental analysis, earnings data, and key metrics. PE: 142.0. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 (web) earnings • Updated Apr 18, 2026
What: Coupon Rate: 7.42%
Impact: ₹830 Cr debt refinancing
What: Target Portfolio: 20 million sq ft
Earnings deceleration risks from management commentary
Trigger: Exposure to tenant concentration risk with top five tenants occupying 63% of area.
Management view: Diversifying tenant base across manufacturing, e-commerce, and FMCG.
Monitor: regulatory
Headline numbers from the latest earnings call
Revenue
₹60.75 Cr
The Trust reported a revenue of ₹60.75 Cr for the quarter ending December 2025 following its listing in July 2025.
PAT
₹13.89 Cr
The Trust achieved a net profit of ₹13.89 Cr in Q3 FY26, its second full quarter post-listing.
Other Highlights
• Raised ₹830 crore through 20-year NCDs at 7.42% coupon.
• Distribution of ₹1.51 per unit declared for the period.
• Market capitalization stood at ₹2,267.80 Cr as of April 2026.
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Total Assets
₹1,983 Cr
Why: Growth driven by the acquisition of 18 infrastructure parks from TVS ILP during the IPO process.
Operational Portfolio
10.6 msf
Why: Initial portfolio established at listing comprising 18 infrastructure parks.
Debt Service Coverage Ratio
2.45-2.50x
Why: Strong coverage indicators supported by long-term contracted cash flows from warehousing assets.
Dividend Yield
2.63%
Why: Yield based on current distribution levels post-listing.
Debt to Net Operating Income
3.7-3.9x
Why: Leverage remains within regulatory limits for InvITs, estimated for March 2026.
Distribution Per Unit
₹1.51
Why: Quarterly distribution comprising interest and principal repayment components.
Forward-looking targets from management for Long-term
Capex Plan
₹270 Cr
20 million sq ft
₹270 crore
Remaining tranche of NCD programme for strategic requirements.
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
TVS Infrastructure Trust's latest quarterly results (Dec 2025) show
TVS Infrastructure Trust's current PE ratio is 142.0x.
TVS Infrastructure Trust's price-to-book ratio is 1.2x.
TVS Infrastructure Trust has a debt-to-equity ratio of N/A.
TVS Infrastructure Trust's current dividend yield is 2.58%.
TVS Infrastructure Trust is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
TVS Infrastructure Trust has 2 key growth catalysts identified from recent earnings analysis
TVS Infrastructure Trust has 1 key risk worth monitoring
TVS Infrastructure Trust's management has provided the following forward guidance for Long-term
TVS Infrastructure Trust's most important sub-sector-specific KPIs from the latest concall
Based on quantitative research signals, here is why TVS Infrastructure Trust may be worth studying
TVS Infrastructure Trust investment thesis summary:
TVS Infrastructure Trust's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.