POWERGRID Infrastructure Investment Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
POWERGRID Infrastructure Investment Trust (PGInvIT) submitted its Q4 and FY26 investor presentation. For FY26, the trust reported total income of ₹ 12,966 million with NDCF of ₹ 12,126 million from its 5 operational SPVs (VTL, KATL, PPTL, WTL, JPTL). Q4 FY26 NDCF was ₹ 3,243 million. The trust maintains AAA credit ratings, a very low net borrowing ratio of 5%, and total debt of ₹ 10,640 million with ~73% of repayment scheduled beyond 10 years. Distribution guidance for FY27 is ₹ 12 per unit. The trust's portfolio includes 11 transmission lines spanning 3,698.59 ckm and 3 substations with 6,630 MVA capacity, averaging over 98% availability since commercial operation. PGInvIT has board-level approval to form a consortium with POWERGRID to bid for 1-2 TBCB projects with an aggregate cost of ~₹ 500 crore. The broader transmission sector is expected to see ~₹ 7.93 lakh crore in investment from 2026-27 to 2035-36.
PGInvIT continues to deliver stable, consistent distributions with a strong balance sheet and low leverage. The consortium plan for new TBCB bids signals growth potential while maintaining conservative debt levels.