Powergrid Infrastructure Invesment Trust · NSE:PGINVIT
Powergrid Infrastructure Invesment Trust — POWERGRID Infrastructure Investment Trust — Q4 FY2025 Earnings Presentation
15 slides from Powergrid Infrastructure Invesment Trust's earnings presentation, May 2025
Slide 1: POWERGRID Infrastructure Investment Trust Investor Presentation Q4 & FY 2024-25
POWERGRID POWERGRID Infrastructure Infrastructure Investment Investment Trust Trust Investor Presentation Q4 & FY 2024-25
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 3: Presentation Outline
Presentation Outline Trust Structure PGInvIT Overview PGInvIT at a glance Operational PGInvIT Performance Financial Distribution Project Updates Business Outlook Glossary India’s First InvIT Sponsored by a Maharatna CPSE 3
Slide 4: PGInvIT Structure and Unitholding Pattern
PGInvIT Structure Unitholding Pattern (as on March 31, 2025) FPI- 17.33% IC- 4.68% PF- 7.26% MF- 7.37% Individuals- 34.49% Others- 13.87% 4 FPI-Foreign Portfolio Investor; IC- Insurance Cos.; PF- Pension Fund/ Provident Fund; MF- Mutual Funds India’s First InvIT Sponsored by a Maharatna CPSE 4
Slide 5: PGInvIT at a glance
PGInvIT at a glance India’s 1st InvIT sponsored by a CPSE…. confidence of marquee investors…. ....powered by AAA – Assets….Assurance….Advantage Sponsor & Project Manager- POWERGRID 5 Operational and Revenue Perpetual ownership with Billing and Collection a Maharatna CPSE; one of Availability-based T
Slide 6: PGInvIT - Initial Portfolio Assets
PGInvIT- Initial Portfolio Assets Description VTL KATL PPTL WTL JPTL Andhra Pradesh Madhya Pradesh Location Himachal Pradesh Maharashtra Madhya Pradesh and Telangana and Maharashtra No. of lines & substations 2 lines 1 line; 1 S/S 3 lines; 1 S/S 4 lines; 1 S/S 1 line Line length (ckm) 956.84 2.47 96
Slide 7: Operational Performance – Q4FY25
Operational Performance –Q4FY25 Surpassing Availability Goals with POWERGRID’s O&M Management for PGInvIT POWERGRID’s in- Avg. Availability* - Q4FY25 Avg. Availability* - upto Q4FY25 house capabilities help PGInvIT in … 2.00% 1.75% 1.66% 1.77% 1.99% 1.93% 1.93% 1.66% 1.09% 1.25% Preventive maintenan
Slide 8: Financial Performance – Q4FY25
Financial Performance – Q4FY25 Financials providing consistent, stable, visible returns for unitholders Financials (Consolidated) NDCF at SPVs NDCF at PGInvIT ( Q4FY2025 ) (₹ in mn) VTL Total Income 549 KATL 162 • ₹ 3,201 mn PPTL 961 Operating Expenses WTL 1,168 • ₹ 258 mn JPTL Total Debt 783 ₹ 10,7
Slide 9: Financial Performance – FY25
Financial Performance –FY25 Financials providing consistent, stable, visible returns for unitholders Financials (Consolidated) NDCF at SPVs NDCF at PGInvIT ( FY2025 ) (₹ in mn) VTL Total Income 2,107 KATL 478 • ₹ 13,051 mn PPTL 3,357 Operating Expenses WTL 3,841 • ₹ 886 mn JPTL Total Debt 2,833 ₹ 10
Slide 10: Debt Profile
Debt Profile EXTERNAL BORROWING (TERM LOAN) (Drawn in Mar-22) (Drawn in Dec-24) ~₹ 5,756 mn ~₹ 5,060 mn ~ 78% Debt Rate of Interest -Linked to 3-month T-bill; Rate of Interest -Linked to Repo Rate; repayment post Reset on quarterly basis Reset on monthly basis 10 years Tenor 16 years Tenor 16 years
Slide 11: Distribution
Distribution 4.50 Total Distribution since IPO ₹ 46.50 per unit Distributions (₹ per unit) ₹ 3.00 per unit Treasury 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 Repayment of SPV Debt (Exempt) (12.04%) (0.32%) • ₹ 1.67 - Interest Div. • ₹ 0.48 - Dividend (Taxable) (Exempt) •
Slide 12: RTM Project Updates
RTM Project Updates 1 x 400 kV line bay at 765/400 kV Parli Substation for RE Interconnection • Allotted to Parli Power Transmission Limited on 02.01.2024 • Implementation by : 31.12.2025 • Estimated Cost : ~ ₹ 25 Cr. • Tariff to be determined as per applicable CERC Regulations • Capital Structure :
Slide 13: Business Outlook: Acquisition opportunities
Business Outlook Acquisition opportunities Asset Sale by Other Developers • Limited Acquisition opportunities at present • 84* ISTS TBCB Assets under construction out of which 39 are being developed by private players. More assets under various stages of bidding. • Huge investments, ~ ₹ 9 lakh Cr.
Slide 14: Glossary
Glossary Term Description AUM Assets Under Management ckm circuit kilometres CPSE Central Public Sector Enterprise CTUIL Central Transmission Utility of India Ltd DOCO Date of Commercial Operation Q4FY25/Q4FY2025 Quarter ended March 31, 2025 PGInvIT POWERGRID Infrastructure Investment Trust IM Inves
Slide 15: Thank you
Thank you www.pginvit.in
POWERGRID Infrastructure Investment Trust — Q4 FY2025 Earnings Presentation on 6ix