diff --git a/plugins/inventory/ntnx_prism_vm_inventory.py b/plugins/inventory/ntnx_prism_vm_inventory.py
index 4a085861..9b079e6f 100644
--- a/plugins/inventory/ntnx_prism_vm_inventory.py
+++ b/plugins/inventory/ntnx_prism_vm_inventory.py
@@ -184,6 +184,11 @@ def parse(self, inventory, loader, path, cache=True):
                 self.inventory.set_variable(
                     vm_name, "ntnx_categories", entity["metadata"]["categories"]
                 )
+            self.inventory.set_variable(
+                vm_name,
+                "project_reference",
+                entity.get("metadata", {}).get("project_reference", {}),
+            )
 
             # Add variables created by the user's Jinja2 expressions to the host
             self._set_composite_vars(