Powergrid Infrastructure Investment Trust

Powergrid Infrastructure Investment Trust

₹ 86.2 -0.40%
22 Nov 10:35 a.m.
About

Powergrid InvIT (Infrastructure Investment Trust) owns, constructs, operates, maintains, and invests in power transmission assets in India. Powergrid InvIT registered with SEBI as an InvIT on January 7, 2021.[1]

Key Points

India’s 1st PSU InvIT
It is sponsored by Power Grid Corporation India Ltd and is also responsible for managing the InvIT, providing the initial portfolio assets, and will undertake investment decisions related to its assets. [1]
IDBI Trusteeship Services Limited is the debenture trustee, responsible for ensuring the necessary compliance to InvIT Regulations and monitoring the activities of Investment Manager and Project Manager. [2]

  • Market Cap 7,840 Cr.
  • Current Price 86.2
  • High / Low 104 / 86.1
  • Stock P/E 9.49
  • Book Value 85.3
  • Dividend Yield %
  • ROCE 12.8 %
  • ROE 13.1 %
  • Face Value

Pros

  • Company is almost debt free.
  • Stock is trading at 1.01 times its book value

Cons

  • Promoter holding is low: 15.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
320 274 282 268 275 257 249 229 244 241 232 177 223
148 2 40 3 1,188 2 94 3 -93 3 -33 3 32
Operating Profit 172 272 242 265 -913 255 155 226 337 238 264 174 191
OPM % 54% 99% 86% 99% -332% 99% 62% 99% 138% 99% 114% 98% 86%
0 1 1 2 1 2 1 3 2 2 2 3 1
Interest 0 0 0 8 10 12 11 12 12 12 12 12 12
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 172 273 243 258 -922 245 145 217 327 228 254 165 180
Tax % 0% 0% 0% 0% 0% 0% 0% 1% 0% 0% 0% 1% 0%
172 273 243 258 -922 244 145 216 326 228 254 164 180
EPS in Rs 1.89 3.00 2.67 2.83 -10.14 2.68 1.59 2.37 3.58 2.50 2.79 1.80 1.98
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023 Mar 2024 TTM
344 977 1,324 973 1,049 945 873
14 34 38 195 1,287 -120 6
Operating Profit 330 943 1,286 778 -238 1,065 867
OPM % 96% 97% 97% 80% -23% 113% 99%
8 8 10 3 6 8 8
Interest 116 328 429 0 41 47 46
Depreciation 93 275 379 0 0 0 0
Profit before tax 129 348 487 781 -274 1,026 828
Tax % 11% 29% 22% 0% 1% 0%
114 248 379 780 -276 1,023 825
EPS in Rs 25.80 24.84 31.55 8.57 -3.03 11.24 9.07
Dividend Payout % 29% 48% 110% 123% -494% 27%
Compounded Sales Growth
10 Years: %
5 Years: -1%
3 Years: %
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: 33%
3 Years: %
TTM: -11%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -10%
1 Year: -12%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023 Mar 2024
Equity Capital 442 999 1,201 9,100 9,100 9,100
Reserves 71 220 333 97 -1,271 -1,340
5,347 5,577 5,177 575 572 569
645 205 111 1 0 0
Total Liabilities 6,505 7,000 6,821 9,773 8,401 8,330
1,779 6,704 6,437 0 0 0
CWIP 4,548 9 0 0 0 0
Investments 0 0 0 4,254 2,978 3,109
178 288 384 5,519 5,424 5,221
Total Assets 6,505 7,000 6,821 9,773 8,401 8,330

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023 Mar 2024
1,052 -12 -13 -14
-107 -4,594 1,160 1,161
-908 4,886 -1,136 -1,142
Net Cash Flow 37 280 11 6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023 Mar 2024
Debtor Days 54 44 48 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 54 44 48 0 0 0
Working Capital Days -695 -60 -135 -0 -0 0
ROCE % 11% 14% -3% 13%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents