Powergrid Infrastructure Investment Trust

Powergrid Infrastructure Investment Trust

₹ 86.5 -0.36%
20 Dec - close price
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 7,869 Cr.
  • Current Price 86.5
  • High / Low 104 / 85.0
  • Stock P/E 10.9
  • Book Value 82.9
  • Dividend Yield %
  • ROCE 12.9 %
  • ROE 12.2 %
  • Face Value

Pros

  • Company is almost debt free.
  • Stock is trading at 1.04 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

Consolidated Figures in Rs. Crores / View Standalone

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
335 335 370 320 324 324 317 314 318 319 314 316 320
371 17 43 20 1,328 19 231 29 -133 20 -70 22 188
Operating Profit -36 317 326 300 -1,004 305 86 285 451 299 385 293 132
OPM % -11% 95% 88% 94% -310% 94% 27% 91% 142% 94% 122% 93% 41%
8 7 9 11 6 7 6 7 7 10 12 11 9
Interest 0 0 0 8 10 12 11 12 12 12 12 12 12
Depreciation 77 77 75 78 79 79 78 78 79 79 79 79 80
Profit before tax -105 248 260 225 -1,088 221 2 202 368 218 307 214 50
Tax % 15% 6% 10% 5% -15% 2% -1,693% 6% 14% 5% 12% 6% -60%
-120 233 234 214 -920 217 43 191 316 207 269 201 80
EPS in Rs -0.46 2.41 2.41 2.28 -7.58 2.30 0.85 2.05 3.18 2.18 2.77 2.12 1.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 TTM
1,217 1,286 1,265 1,269
446 1,599 -155 160
Operating Profit 771 -313 1,420 1,109
OPM % 63% -24% 112% 87%
26 30 37 43
Interest 0 41 47 46
Depreciation 270 315 315 317
Profit before tax 528 -640 1,095 789
Tax % 12% -30% 10%
463 -446 982 756
EPS in Rs 5.57 -2.14 10.18 8.17
Dividend Payout % 189% -700% 29%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -1%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -11%
1 Year: -9%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Equity Capital 9,100 9,100 9,100
Reserves -106 -1,394 -1,559
575 572 569
2,286 1,765 1,872
Total Liabilities 11,854 10,043 9,983
10,892 9,074 9,042
CWIP 4 15 7
Investments 0 0 0
958 955 933
Total Assets 11,854 10,043 9,983

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
1,164 1,181 1,230
-629 -154 10
-224 -1,195 -1,182
Net Cash Flow 311 -168 58

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 100 93 78
Inventory Days
Days Payable
Cash Conversion Cycle 100 93 78
Working Capital Days 108 100 86
ROCE % -6% 13%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents