POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
PGInvIT reported stable H1 FY26 results with total consolidated income of ₹6,517.47 million (slightly down from ₹6,557.15 million in H1 FY25), EBITDA of ₹6,107.67 million at a healthy 93.71% margin, and net distributable cash flows of ₹5,531.02 million (up from ₹5,228.20 million YoY). The trust distributed ₹6 per unit for the half and reaffirmed its FY26 DPU guidance of ₹12 per unit, marking 17 consecutive quarters of distributions since IPO (₹52.50 per unit cumulative). All five transmission SPVs maintained availability above 99.75%, qualifying for full tariff recovery. The trust maintains a low net borrowing ratio of 4.88%, AAA credit rating, and enterprise value of ₹88.57 billion.
Steady distributions and AAA credit profile support unitholder confidence, while the newly approved consortium with sponsor POWERGRID to bid for up to ₹500 crore worth of TBCB transmission projects signals potential future growth and asset additions for investors.