My expectation is that of Rs 8 annual dpu this year. I do know that they were holding cash for maintaining this DPU after 2 assets going out and same was communicated by management in last Concalls. Use of cash in current acquisition and its impact on dpu and revenue for remaining months will be key monitorable. In any case DPU of 6 for this year is also not bad as I feel IRB Invit investment may be slow n steady debt exposure in portfolio considering their availabilty at significant discount to book value.
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