POWERGRID Infrastructure Investment Trust
NSE: PGINVIT · Power Transmission
Snapshot
Unlock POWERGRID Infrastructure Investment Trust's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Powergrid Infrastructure Investment Trust (PGInvIT) is an infrastructure investment trust that owns, constructs, operates, and maintains power transmission assets across India. It functions as a vehicle to hold and manage critical power transmission infrastructure projects.
Business Model
The trust generates revenue primarily through long-term transmission service agreements, receiving stable annuity-like cash flows from its underlying power transmission assets. It distributes the majority of its net distributable cash flows to unitholders.
Growth Outlook
Growth is driven by the acquisition of additional power transmission assets from the sponsor, Power Grid Corporation of India Limited, and the expansion of the national power grid infrastructure.
Key Risks
- Regulatory Risk. Changes in government regulations or tariff policies regarding power transmission could adversely impact the trust's revenue streams.
- Operational Risk. The trust relies on the efficient operation and maintenance of transmission lines to ensure high availability and avoid performance-linked penalties.
- Interest Rate Risk. Fluctuations in interest rates may affect the cost of debt and the attractiveness of the trust's yield compared to other fixed-income instruments.
- Counterparty Risk. The financial health of the power distribution companies (discoms) that pay for transmission services directly impacts the timely collection of revenues.
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Peers · Power Transmission
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
POWERGRID Infrastructure Investment TrustPGINVIT | ₹9,206 Cr | — | — | — | 103.0% | — | — | — |
Power Grid Corporation of India Ltd.POWERGRID | ₹2.47L Cr | 15.56 | 9.93 | 2.3% | 83.5% | 16.5% | 11.2% | -5.6% |
Apar Industries Ltd.APARINDS | ₹69,988 Cr | 59.23 | 31.11 | 24.0% | 9.2% | 23.9% | 37.6% | +120.6% |
IndiGrid Infrastructure TrustINDIGRID | ₹16,717 Cr | — | — | — | 64.0% | — | — | — |
Anzen India Energy Yield Plus TrustANZEN | ₹4,335 Cr | — | — | — | 83.0% | — | — | — |
As of Mar 2026
Financials
POWERGRID Infrastructure Investment Trust
NSE: PGINVIT · Power Transmission
Snapshot
Unlock POWERGRID Infrastructure Investment Trust's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Powergrid Infrastructure Investment Trust (PGInvIT) is an infrastructure investment trust that owns, constructs, operates, and maintains power transmission assets across India. It functions as a vehicle to hold and manage critical power transmission infrastructure projects.
Business Model
The trust generates revenue primarily through long-term transmission service agreements, receiving stable annuity-like cash flows from its underlying power transmission assets. It distributes the majority of its net distributable cash flows to unitholders.
Growth Outlook
Growth is driven by the acquisition of additional power transmission assets from the sponsor, Power Grid Corporation of India Limited, and the expansion of the national power grid infrastructure.
Key Risks
- Regulatory Risk. Changes in government regulations or tariff policies regarding power transmission could adversely impact the trust's revenue streams.
- Operational Risk. The trust relies on the efficient operation and maintenance of transmission lines to ensure high availability and avoid performance-linked penalties.
- Interest Rate Risk. Fluctuations in interest rates may affect the cost of debt and the attractiveness of the trust's yield compared to other fixed-income instruments.
- Counterparty Risk. The financial health of the power distribution companies (discoms) that pay for transmission services directly impacts the timely collection of revenues.
Start your research today
Unlock AI insights, financials, peers and live data on POWERGRID Infrastructure Investment Trust and 5,000+ companies — free.
Peers · Power Transmission
As of Mar 2026