Powergrid Infrastructure Invesment Trust · NSE:PGINVIT

Powergrid Infrastructure Invesment Trust — POWERGRID Infrastructure Investment Trust — Q3 FY2023 Earnings Presentation

14 slides from Powergrid Infrastructure Invesment Trust's earnings presentation, January 2023

  1. Slide 1: POWERGRID Infrastructure Investment Trust Investor Presentation Q3FY2023

    POWERGRID Infrastructure Investment Trust (India’s first InvIT by a CPSE) Investor Presentation Q3FY2023

  2. 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

  3. Slide 3: Presentation Outline

    Presentation Outline  PGInvIT Overview  Trust Structure  PGInvIT at a glance  PGInvIT Performance  Operational  Financial  Distribution  Outlook  Glossary India’s First InvIT Sponsored by a Maharatna CPSE 3

  4. Slide 4: PGInvIT Structure

    PGInvIT Structure (as on December 31, 2022) Major Unitholders Sponsor2 15% 85% FPI- 22.48% IC- 10.10% Public Unitholders4 PF- 7.31% MF- 6.01% Power Grid Corporation of India Limited Individuals- 23.34% Others- 15.76% 100% IDBI Trusteeship Services POWERGRID Limited (ITSL) POWERGRID Unchahar Transmis

  5. Slide 5: PGInvIT at a glance

    PGInvIT at a glance POWERGRID Infrastructure Investment Trust - India’s 1st InvIT sponsored by a CPSE ......enjoying confidence of marquee investors Sponsor- POWERGRID, a Maharatna CPSE; one 5 Operational and Perpetual ownership Billing and Collection of the largest Revenue Generating with 35-year c

  6. Slide 6: PGInvIT - Initial Portfolio Assets

    PGInvIT- Initial Portfolio Assets POWERGRID POWERGRID Vizag Transmission POWERGRID POWERGRID Description Ltd.$ Kala Amb Transmission Parli Transmission Ltd. Warora Transmission Ltd. Jabalpur Transmission Ltd.# Ltd. Andhra Pradesh Madhya Pradesh Location Himachal Pradesh Maharashtra Madhya Pradesh an

  7. Slide 7: PGInvIT – The power of AAA: Assets Assurance Advantage

    PGInvIT – The power of AAA Assets Assurance Advantage Backing of POWERGRID- one of Operational revenue generating the world’s largest transmission Availability based Fixed tariffs - assets utilities as Sponsor & Project High visibility on cash flows Manager Low leverage - Debt funded TBCB mechanism

  8. Slide 8: Operational Performance – Q3FY23

    Operational Performance – Q3FY23 Consistently achieving High Availability of Assets …… Accident Free Operations ……with POWERGRID as Project Manager to PGInvIT Avg. Availability* - Q3FY23 Avg. Availability* - upto Q3FY23 Average Availability since DOCO 1.47% 1.98% 1.82% 1.91% 2.00% 1.77% 1.99% 1.82%

  9. Slide 9: Financial Performance – Q3FY23

    Financial Performance – Q3FY23 Consistent Financial Performance Financials (Consolidated) NDCF at SPVs NDCF at PGInvIT (₹ in mn) VTL 496.33 PKATL Total Income 104.73 PPTL • ₹ 3,310.67 mn 688.31 >90% upstreamed PWTL Operating Expenses 767.65 PJTL • ₹ 193.34 mn 569.79 SPVs NDCF (₹ 2,626.81 mn) India’s

  10. Slide 10: Financial Performance - 9-month FY23 (Apr-Dec)

    Financial Performance- 9-month FY23 (Apr-Dec) Consistent Financial Performance Financials (Consolidated) NDCF at SPVs NDCF at PGInvIT (₹ in mn) VTL Total Income 1,582.50 PKATL 375.34 • ₹ 9,924.31 mn PPTL 1,955.38 >90% Operating Expenses upstreamed PWTL 2,203.06 • ₹ 575.18 mn Total Debt PJTL ₹ 5,734.

  11. Slide 11: Distribution – Q3FY23

    Distribution – Q3FY23 Distributions in FY23 12.00 10.50 Distribution declared for Q3FY23 (₹ per unit) • ₹ 2.01 - Interest • ₹ 0.43 - Dividend (Taxable) 3.00 3.00 3.00* ₹ 3.00 per • ₹ 0.25 - Dividend (Exempt) unit • ₹ 0.30 - Repayment of SPV Debt • ₹ 0.01 - Treasury Income (Exempt) FY22# Q1FY23 Q2FY2

  12. Slide 12: Outlook

    Outlook Completion of 5 years from Commercial Operation Acquisition to be taken up in Fiscal 2024 Balance 26% equity Date (PKATL-Jul’22; PPTL- Jun’22; PWTL-Jul’23; PJTL-Dec;23) Targeted through Debt stake in balance SPVs (PKATL, PPTL, PWTL & Right with PGInvIT to acquire balance stake, in line Valua

  13. Slide 13: Glossary

    Glossary Term Description AUM Assets Under Management ckm circuit kilometres CPSE Central Public Sector Enterprise Q3FY23/Q3FY2023 Quarter ended December 31, 2022 IM Investment Manager InvIT Infrastructure Investment Trust IPA Initial Portfolio Assets (used interchangeably with SPV) IPO Initial Publ

  14. Slide 14: Thank you

    Thank you www.pginvit.in

POWERGRID Infrastructure Investment Trust — Q3 FY2023 Earnings Presentation on 6ix