PowerGrid Infrastructure Investment Trust PGINVIT
POWERGRID-sponsored InvIT owning five inter-state transmission projects
Mapped in 1 theme: Power Transmission & Grid.
Where PowerGrid Infrastructure Investment Trust sits in the supply chain
PowerGrid Infrastructure Investment Trust appears in 1 supply-chain layer in one theme, Power Transmission & Grid.
Power Transmission & Grid › Transmission utilities & InvITs
OwnerOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,217 | 1,286 | 1,265 | 1,266 | 1,258 |
| Net profit | 463 | −446 | 982 | 1,172 | 912 |
Latest-year revenue ₹1,258 Cr (FY26, company-wide).
Note: InvIT: units, not shares; distributions matter more than profit.
Strengths
- Low leverage and high-availability, POWERGRID-run assets
- Steady distributions from TBCB tariffs
Risks
- No growth pipeline beyond the sponsor's choice to sell more assets
- Fixed tariffs fall in real terms; unit price tracks interest rates
Common questions
What does PowerGrid Infrastructure Investment Trust do?
POWERGRID-sponsored InvIT owning five inter-state transmission projects.
Where does PowerGrid Infrastructure Investment Trust sit in the supply chain?
PowerGrid Infrastructure Investment Trust (NSE: PGINVIT) is mapped in 1 supply-chain layer: Transmission utilities & InvITs (Power Transmission & Grid).
Who are PowerGrid Infrastructure Investment Trust's peers?
In the Transmission utilities & InvITs layer of Power Transmission & Grid: Power Grid Corporation of India, Adani Energy Solutions, Tata Power, IndiGrid (India Grid Trust) and Resonia (formerly Sterlite Power's transmission business) (not NSE-listed).
What is PowerGrid Infrastructure Investment Trust's market cap and valuation?
As of 6 Nov 2026: market cap ₹9,592 Cr, P/E 10.6x, ROCE 11.6%, ROE 11.9%, dividend yield 2.85%.