IRB INVIT TRUST- new game in the town!

My key takeways from Concall:

1. Rs 8 DPU for current year is reiterated and possibility of 8+ depending on next half traffic flow
2. 50 paisa DPU addition due to VK-1 addition.
3. 150cr approx. cash used in current acquisition and 200 cr approx debt. Around 40 cr cash balance in books and 50cr approx in Escrow account(One toll project)
4. Debt position still comfortable and management expects 2 new toll project additions in coming one year(mostly third party )
5. Valuation report likely in coming few days
   6.More details on balance debt repayment at SPV and Invit levels expected in next quarter results. This will give more transparent cash flow projections to investors/analysts.

Disclosure: Invested for long term