Powergrid Infrastructure Invesment Trust · NSE:PGINVIT
Powergrid Infrastructure Invesment Trust — POWERGRID Infrastructure Investment Trust — Q1 FY2023 Earnings Presentation
12 slides from Powergrid Infrastructure Invesment Trust's earnings presentation, 2022
Slide 1: POWERGRID Infrastructure Investment Trust Investor Presentation Q1FY2023
POWERGRID Infrastructure Investment Trust Investor Presentation Q1FY2023
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 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
Slide 4: PGInvIT Structure
PGInvIT Structure (as on 30.06.2022) Major Unitholders Sponsor2 15% 85% FPI- 22.88% IC- 10.26% Public Unitholders4 PF- 7.26% MF- 6.26% Power Grid Corporation of India Limited Individuals- 23.07% Others- 15.27% 100% IDBI Trusteeship Services POWERGRID Limited (ITSL) POWERGRID Unchahar Transmission Li
Slide 5: PGInvIT - Initial Portfolio Assets
PGInvIT- Initial Portfolio Assets Vizag TL POWERGRID POWERGRID POWERGRID POWERGRID Description (formerly PVTL) Kala Amb TL Parli TL Warora TL Jabalpur TL Andhra Pradesh Madhya Pradesh Location Himachal Pradesh Maharashtra Madhya Pradesh and Telangana and Maharashtra No. of lines & substations 2 line
Slide 6: PGInvIT at a glance: The power of AAA
PGInvIT at a glance The power of AAA • 5 operational projects - 11 transmission lines with network of ~3,699 ckm, Assets 3 substations with 6,630 MVA transformation capacity • Sound operational track record with high Availability Consistent • Backing of India’s largest and one of the world’s largest
Slide 7: Operational Performance – Q1FY23
Operational Performance – Q1FY23 Consistently achieving High Availability of Assets …… ……with POWERGRID as Project Manager to PGInvIT Avg. Availability* - Q1FY23 • Routine O&M • Preventive maintenance 1.91% 2.00% 1.91% 1.77% 2.00% • In-house maintenance • OEM Support 98.00% 98.00% 98.00% 98.00% 98.0
Slide 8: Financial Performance – Q1FY23
Financial Performance – Q1FY23 Financials providing consistent, stable, visible returns for unitholders Financials (Consolidated) NDCF at SPVs NDCF at PGInvIT (₹ in mn) VTL Total Income 494.98 PKATL 108.15 • ₹ 3,313.85 mn PPTL 567.53 >90% Operating Expenses PWTL upstreamed 635.33 • ₹ 197.51 mn PJTL
Slide 9: Distribution – Q1FY23
Distribution – Q1FY23 Distribution 10.50 (₹ per unit) Distribution declared for Q1FY23 Total • ₹ 1.97 - Interest Distribution ₹ 3.00 per • ₹ 0.50 - Dividend (Taxable) since IPO 3.00 • ₹ 0.28 - Dividend (Exempt) unit • ₹ 0.24 - Repayment of SPV Debt • ₹ 0.01 - Treasury Income (Exempt) ₹ 13.50 per uni
Slide 10: Outlook
Outlook Balance 26% Completion of 5 years from Commercial Valuation by independent Valuer equity stake of Operation Date in July 2022 Policy on Related Party Transactions PKATL from Right with PGInvIT to acquire balance stake, Sponsor in line with TSA conditions Debt funding tied up Strong pipeline
Slide 11: Glossary
Glossary Term Description ckm circuit kilometres CPSE Central Public Sector Enterprise Q1FY22/Q1FY2022 Quarter ended June 30, 2022 IM Investment Manager InvIT Infrastructure Investment Trust IPA Initial Portfolio Assets (used interchangeably with SPV) IPO Initial Public Offer MVA Mega Volt Ampere ND
Slide 12: Thank you
Thank you www.pginvit.in
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