Q3 FY24 Distribution Update
Robust Balance Sheet
AAA Rated
By CRISIL, ICRA &
India Ratings
-79%
Fixed Rate
Borrowings
~7.60%
Average Cost of
* 13.82 Bn
Cash
Debt
-61.6%
Net Debt/AUM
Balance1
1.94x
EBITDA/Interest
☐ Debt amounting to INR 1,050 crores repaid during Q3 FY24 through
equity raise
Repayment/Refinancing Schedule (* Bn)
20.0
15.0
10.0
4.5
5.0
11.0
18.5
18.1
16.3
16.5
16.7
16.8
14.5
IndiGrid
Gross Borrowing ~ ₹ 177 Bn (52% NCDs, 48% Bank Loans)
8
All numbers in INR Bn
24
16
75
40
■ NCD-MFs
■Loan-Private Banks
■NCD-Insurance Co. ■Loan-PSU Banks
■NCD-Banks & Fl
■NCD-Corporate & PF
■NCD-Retail/HNI
6.3
6.2
5.4
5.4
13.4
3.4
2.3
0.7
0.7
FY24
FY25
FY26
FY27
FY28
FY29
FY30
FY31
FY32
FY33
FY34
FY35
FY36
FY37
FY38
FY39
FY40
FY41
Well-diversified and termed-out borrowing profile
(1) Includes 2.8 Bn held for distribution, 4.3 Bn for DSRA/lien mark
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