POWERGRID Infrastructure Investment Trust has released its unitholding pattern for the quarter ended December 31, 2025, in accordance with Regulation 23 of SEBI Infrastructure Investment Trusts Regulations, 2014. The disclosure was submitted to both NSE and BSE through its investment manager, POWERGRID Unchahar Transmission Limited.

Sponsor and Public Holdings Overview

The trust's unitholding structure demonstrates a clear division between sponsor and public holdings as of December 31, 2025. The total outstanding units stand at 909,999,200, maintaining the trust's established unit base.

Institutional Investor Distribution

Institutional investors represent a significant portion of the public holding, accounting for 29.29% of total outstanding units. The institutional category shows diverse participation across various investor types.

Non-Institutional Holdings Breakdown

Non-institutional investors constitute the majority of public holdings at 55.71% of total outstanding units. Individual investors represent the largest single category within this segment.

Regulatory Compliance and Documentation

The unitholding pattern disclosure was prepared by KFin Technologies Limited, serving as the Registrar & Transfer Agent for POWERGRID Infrastructure Investment Trust. The report complies with SEBI Master Circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025, under Chapter 4 covering Continuous Disclosures and Compliances by InvITs.

The disclosure confirms that no units are mandatorily held or pledged across any category of unitholders. The sponsor group maintains its 15.00% stake entirely through Indian corporate entities, with no foreign sponsor participation. This unitholding structure reflects the trust's broad-based investor participation across institutional and retail segments, supporting its position in the infrastructure investment trust market.

Powergrid Infrastructure Investment Trust (PGInvIT) has released its financial results for the second quarter and first half of the fiscal year, showcasing strong performance across key metrics.

Financial Highlights

PGInvIT demonstrated impressive profitability in the September quarter, with a notable EBITDA margin of 94.00% and a net profit margin of 88.00%. These figures underscore the trust's operational efficiency and ability to convert revenue into profit effectively.

The trust's financial health remains robust, as evidenced by its low debt-equity ratio of 0.14, indicating a conservative approach to leverage. Furthermore, PGInvIT reported a high debt service coverage ratio of 15.04, reflecting its strong ability to meet debt obligations.

Key Financial Metrics

Distribution to Unitholders

PGInvIT has maintained its distribution per unit at ₹3.00 for the quarter, demonstrating consistency in returning value to its unitholders. For the half-year ended September 30, the total distribution per unit stands at ₹6.00.

Balance Sheet Strength

The trust's balance sheet remains strong, with a net worth of ₹76,452.35 million as of September 30. This represents a slight increase from ₹76,389.46 million reported at the end of the previous quarter, indicating steady growth in unitholder value.

Liquidity Position

PGInvIT's liquidity position appears to be exceptionally strong, with a current ratio of 37.50. This high ratio suggests that the trust has more than sufficient current assets to cover its short-term liabilities, providing a substantial cushion for operational needs and unforeseen circumstances.

The trust's asset cover stands at 9.11, indicating that the total assets significantly exceed the total borrowings, which further reinforces PGInvIT's financial stability.

Conclusion

POWERGRID Infrastructure Investment Trust's Q2 results reflect a financially sound and well-managed entity. The trust's ability to maintain high profitability margins while keeping debt levels low positions it favorably in the infrastructure investment space. Investors and stakeholders may find reassurance in PGInvIT's consistent performance and strong financial ratios as it continues to navigate the fiscal year.