Inve India ▾

Powergrid Infra. share price & results

Powergrid Infra.· Power· Utilities

Results to
Jun 2026
Latest analysed call
Q4 FY26

InvIT owning 5 operational inter-state power transmission SPVs, sponsored by POWERGRID.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue221 ₹ crore−9.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin98.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit200 ₹ crore−10.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity11.87 %−3.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin92.44 %−3.2 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-0.63 %−0.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 2 judged targets kept · 5 open · verdicts reflect calls analysed to Q4 FY26.

Powergrid Infra. management guidance track record on Inve: 7 targets tracked across analysed earnings calls (2 achieved, 0 missed, 5 open).

TargetOriginal wordingSaidLatest callVerdict
Distribution per Unit (DPU)₹12 per unit for FY26
Call transcript, Q4 FY25 · 26 May 2025		Q4 FY25Q4 FY26:Total payout for FY26 was ₹12 per unit, in line with guidance. (Q4 DPU of ₹3 declared)
Call transcript, Q4 FY26 · 19 May 2026		Achieved
Distribution per Unit (DPU)₹12 per unit for FY27
Call transcript, Q4 FY26 · 19 May 2026		Q4 FY26Q4 FY26:We intend to maintain this level and target a distribution of ₹12 per unit for FY '26-'27 as well.
Call transcript, Q4 FY26 · 19 May 2026		New

Source: Inve Guidance Tracker for Powergrid Infra. · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Powergrid Infra.'s 7 targets are still open. See which are on track and which have gone quiet. The 2 above are the free sample; 5 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹102.32 −0.01% · −₹0.01

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +7.3% 1Y

₹90₹95₹100₹105Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 10 Feb 2026Q4 FY26 — 19 May 2026

1Y: ₹95.39 on 24 Oct 2025 → ₹102.32. High ₹103.84 (14 Oct 2026), low ₹87.88 (22 Dec 2025).

Previous close
₹102.33
Market cap
₹9.3k Cr
52-week range
₹87.88 – ₹103.84
One year
+6.73%
Price to earnings (TTM to Jun 2026)
10.28×
Return on equity (TTM to Jun 2026)
11.87%

Overview

Symbol
NSE:PGINVIT
Sector
Power
Industry
Utilities
Exchange
NSE
Currency
INR

What Powergrid Infra. does

Based on the company's own presentations, annual report and earnings calls.

POWERGRID Infrastructure Investment Trust (PGInvIT) owns and operates five inter-state power transmission Special Purpose Vehicles (SPVs) — VTL, KATL, PPTL, WTL and JPTL — acquired from Power Grid Corporation of India (POWERGRID) under the Tariff Based Competitive Bidding (TBCB) route. Each SPV earns availability-based transmission tariff for evacuating power over its lines and substations under a long-term Transmission Service Agreement, with billing and collection routed through the Central Transmission Utility of India (CTUIL). POWERGRID, a Maharatna CPSE, is both the sponsor and the Investment Manager, and also provides operations & maintenance for the underlying assets; growth comes from acquiring further operational transmission assets rather than building new ones.

Segments

  • Inter-State Transmission System (ISTS) assets
Operational transmission SPVs
5 (VTL, KATL, PPTL, WTL, JPTL)
Transmission lines
11 lines spanning 3,698.59 circuit km
Substations
3 substations, 6,630 MVA transformation capacity
States with asset presence
Andhra Pradesh, Telangana, Himachal Pradesh, Maharashtra, Madhya Pradesh
Sponsor & Investment Manager
POWERGRID (Power Grid Corporation of India), a Maharatna CPSE, holding 1.10% stake in each SPV
Asset ownership structure
Perpetual ownership of SPVs with 35-year Transmission Service Agreement (TSA) period
Headquarters New Delhi, India Company website

How the price took the results

close before → close after

Q4 FY26
+0.8%
19 May
Q3 FY26
+0.7%
10 Feb
Q2 FY26
+0.2%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for Powergrid Infra.

Free account: one company. Everything above stays public.

Write why you follow Powergrid Infra. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Power companies

All Power companies → · Power earnings growth →

Learn to analyse Powergrid Infra.

Guides on how to read this kind of business and the numbers that matter.