Share Price and Basic Stock Data
Last Updated: October 28, 2025, 2:50 pm
| PEG Ratio | -9.95 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Power Grid Corporation of India Ltd, a leading player in the power transmission sector, reported a market capitalization of ₹2,67,299 Cr and a share price of ₹287. The company has demonstrated a robust revenue trajectory, with sales rising from ₹15,555 Cr in March 2014 to ₹45,603 Cr in March 2023, reflecting a significant compound annual growth rate. In the latest fiscal year, the revenue stood at ₹45,792 Cr for March 2025, with the trailing twelve months (TTM) figure at ₹45,982 Cr. The quarterly sales figures indicate stability, with a peak of ₹12,264 Cr in March 2023 and consistent quarterly performance, such as ₹11,978 Cr in March 2024. The operating profit margin (OPM) remained strong, averaging around 85% over the past years, showcasing the company’s efficiency in managing its operational costs relative to its revenue generation.
Profitability and Efficiency Metrics
The profitability metrics for Power Grid Corporation indicate a healthy financial performance. The net profit reported for March 2023 was ₹15,420 Cr, with a net profit margin of 34.0% for the same period. The company’s return on equity (ROE) stood at 17.0%, demonstrating effective utilization of shareholders’ funds. The interest coverage ratio (ICR) was recorded at 4.68x, suggesting that the company comfortably meets its interest obligations, which is favorable compared to typical sector standards. Furthermore, the cash conversion cycle (CCC) improved to 63 days as of March 2025, indicating better management of cash flow. However, the company faced a slight increase in expenses, rising to ₹6,955 Cr in March 2025, which could impact future profitability if not managed effectively.
Balance Sheet Strength and Financial Ratios
Power Grid Corporation’s balance sheet reflects a solid financial foundation, with total borrowings amounting to ₹131,030 Cr and reserves of ₹83,362 Cr as of March 2025. The total assets increased to ₹266,019 Cr, providing a strong backing for the company’s operations. The debt-to-equity ratio remained manageable at 1.41x, indicating that the company has a balanced approach towards leveraging its capital structure. Additionally, the price-to-book value ratio was recorded at 2.92x, suggesting that the stock may be trading at a premium, reflecting investor confidence in future growth prospects. The company’s current ratio of 0.97x indicates that it has sufficient liquidity to cover its short-term obligations, while the long-term debt to equity ratio of 1.19x suggests prudent management of long-term financing.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Power Grid Corporation illustrates a diversified ownership structure, with promoters holding 51.34% of the shares, indicating a strong management commitment. Foreign Institutional Investors (FIIs) accounted for 25.66%, while Domestic Institutional Investors (DIIs) held 19.33% as of March 2025. The public’s stake stands at 3.60%, with a total of 13,72,725 shareholders. The stability in promoter holdings over the past quarters reflects confidence in the company’s long-term strategy. However, a slight decline in FII participation from 32.76% in December 2022 to 25.66% in March 2025 could indicate a cautious sentiment among foreign investors. The increasing DII stake, rising from 12.73% to 19.33% during the same period, suggests growing confidence from domestic investors in the company’s performance.
Outlook, Risks, and Final Insight
Looking ahead, Power Grid Corporation is well-positioned to leverage its robust infrastructure and operational efficiency, with potential growth opportunities in India’s expanding power sector. However, risks such as rising operational costs and regulatory challenges may pose threats to profitability. The company’s strong financial metrics and a solid balance sheet provide a buffer against these risks. If the company can maintain its operational efficiency and manage costs effectively, it is likely to sustain its profitability. Conversely, challenges in managing its growing debt levels and fluctuating interest rates could impact financial stability. Overall, Power Grid Corporation’s prospects appear stable, with a strong foundation for future growth amidst the evolving energy landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Power Grid Corporation of India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bajel Projects Ltd | 2,239 Cr. | 194 | 308/145 | 169 | 50.6 | 0.00 % | 12.9 % | 2.68 % | 2.00 |
| Aartech Solonics Ltd | 185 Cr. | 58.4 | 106/49.8 | 70.2 | 9.90 | 0.21 % | 5.64 % | 8.23 % | 5.00 |
| Voltamp Transformers Ltd | 7,183 Cr. | 7,100 | 12,035/5,900 | 22.1 | 1,569 | 1.40 % | 29.1 % | 21.7 % | 10.0 |
| Transformers & Rectifiers India Ltd (TRIL) | 13,694 Cr. | 456 | 650/355 | 52.9 | 41.7 | 0.04 % | 28.0 % | 23.4 % | 1.00 |
| Power Grid Corporation of India Ltd | 2,67,299 Cr. | 287 | 345/247 | 17.2 | 99.6 | 3.11 % | 12.8 % | 17.0 % | 10.0 |
| Industry Average | 39,520.75 Cr | 1,327.84 | 53.64 | 280.07 | 0.68% | 18.23% | 15.50% | 5.25 |
All Competitor Stocks of Power Grid Corporation of India Ltd
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,905 | 11,151 | 11,262 | 12,264 | 11,048 | 11,267 | 11,550 | 11,978 | 11,006 | 11,278 | 11,233 | 12,275 | 11,196 |
| Expenses | 1,661 | 1,785 | 1,368 | 1,433 | 1,716 | 1,557 | 1,375 | 2,055 | 1,466 | 1,681 | 1,700 | 2,081 | 2,094 |
| Operating Profit | 9,245 | 9,366 | 9,893 | 10,831 | 9,332 | 9,710 | 10,175 | 9,923 | 9,540 | 9,597 | 9,533 | 10,194 | 9,102 |
| OPM % | 85% | 84% | 88% | 88% | 84% | 86% | 88% | 83% | 87% | 85% | 85% | 83% | 81% |
| Other Income | 342 | 199 | 500 | 294 | 209 | 263 | 380 | 389 | 302 | 814 | 552 | 366 | 461 |
| Interest | 1,960 | 2,187 | 3,012 | 2,475 | 2,057 | 2,341 | 2,446 | 1,928 | 2,039 | 2,441 | 1,917 | 2,303 | 1,934 |
| Depreciation | 3,295 | 3,317 | 3,407 | 3,314 | 3,266 | 3,277 | 3,293 | 3,259 | 3,200 | 3,292 | 3,216 | 3,196 | 3,130 |
| Profit before tax | 4,331 | 4,060 | 3,975 | 5,335 | 4,218 | 4,355 | 4,816 | 5,125 | 4,603 | 4,678 | 4,952 | 5,062 | 4,499 |
| Tax % | 12% | 10% | 8% | 19% | 15% | 13% | 16% | 19% | 19% | 19% | 22% | 18% | 19% |
| Net Profit | 3,801 | 3,650 | 3,645 | 4,323 | 3,597 | 3,781 | 4,028 | 4,166 | 3,724 | 3,793 | 3,862 | 4,143 | 3,631 |
| EPS in Rs | 4.09 | 3.92 | 3.92 | 4.65 | 3.87 | 4.07 | 4.33 | 4.48 | 4.00 | 4.08 | 4.15 | 4.45 | 3.90 |
Last Updated: August 1, 2025, 2:55 pm
Below is a detailed analysis of the quarterly data for Power Grid Corporation of India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 11,196.00 Cr.. The value appears to be declining and may need further review. It has decreased from 12,275.00 Cr. (Mar 2025) to 11,196.00 Cr., marking a decrease of 1,079.00 Cr..
- For Expenses, as of Jun 2025, the value is 2,094.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,081.00 Cr. (Mar 2025) to 2,094.00 Cr., marking an increase of 13.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 9,102.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10,194.00 Cr. (Mar 2025) to 9,102.00 Cr., marking a decrease of 1,092.00 Cr..
- For OPM %, as of Jun 2025, the value is 81.00%. The value appears to be declining and may need further review. It has decreased from 83.00% (Mar 2025) to 81.00%, marking a decrease of 2.00%.
- For Other Income, as of Jun 2025, the value is 461.00 Cr.. The value appears strong and on an upward trend. It has increased from 366.00 Cr. (Mar 2025) to 461.00 Cr., marking an increase of 95.00 Cr..
- For Interest, as of Jun 2025, the value is 1,934.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,303.00 Cr. (Mar 2025) to 1,934.00 Cr., marking a decrease of 369.00 Cr..
- For Depreciation, as of Jun 2025, the value is 3,130.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3,196.00 Cr. (Mar 2025) to 3,130.00 Cr., marking a decrease of 66.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 4,499.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5,062.00 Cr. (Mar 2025) to 4,499.00 Cr., marking a decrease of 563.00 Cr..
- For Tax %, as of Jun 2025, the value is 19.00%. The value appears to be increasing, which may not be favorable. It has increased from 18.00% (Mar 2025) to 19.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 3,631.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,143.00 Cr. (Mar 2025) to 3,631.00 Cr., marking a decrease of 512.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 3.90. The value appears to be declining and may need further review. It has decreased from 4.45 (Mar 2025) to 3.90, marking a decrease of 0.55.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 2:17 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,555 | 17,540 | 20,652 | 25,697 | 29,954 | 35,059 | 37,744 | 39,640 | 41,622 | 45,603 | 45,843 | 45,792 | 45,982 |
| Expenses | 2,588 | 2,613 | 2,468 | 3,247 | 3,993 | 8,140 | 4,858 | 4,734 | 5,796 | 6,028 | 6,599 | 6,955 | 7,556 |
| Operating Profit | 12,967 | 14,927 | 18,184 | 22,450 | 25,961 | 26,920 | 32,886 | 34,906 | 35,826 | 39,576 | 39,244 | 38,837 | 38,426 |
| OPM % | 83% | 85% | 88% | 87% | 87% | 77% | 87% | 88% | 86% | 87% | 86% | 85% | 84% |
| Other Income | 725 | 731 | 656 | 933 | 4,065 | 1,505 | 2,820 | 769 | 4,692 | 1,093 | 1,138 | 2,061 | 2,193 |
| Interest | 3,254 | 4,081 | 5,086 | 6,204 | 7,324 | 8,737 | 9,509 | 8,135 | 8,036 | 9,634 | 8,773 | 8,700 | 8,595 |
| Depreciation | 4,079 | 5,173 | 6,182 | 7,722 | 9,231 | 10,541 | 11,607 | 12,039 | 12,872 | 13,333 | 13,095 | 12,904 | 12,834 |
| Profit before tax | 6,359 | 6,404 | 7,572 | 9,457 | 13,471 | 9,147 | 14,590 | 15,501 | 19,610 | 17,702 | 18,514 | 19,294 | 19,190 |
| Tax % | 28% | 21% | 21% | 21% | 39% | -10% | 24% | 22% | 14% | 13% | 16% | 20% | |
| Net Profit | 4,548 | 5,046 | 5,959 | 7,451 | 8,204 | 10,034 | 11,059 | 12,036 | 16,824 | 15,420 | 15,573 | 15,521 | 15,428 |
| EPS in Rs | 4.89 | 5.43 | 6.41 | 8.01 | 8.82 | 10.79 | 11.89 | 12.94 | 18.09 | 16.58 | 16.74 | 16.69 | 16.58 |
| Dividend Payout % | 30% | 21% | 20% | 31% | 33% | 43% | 47% | 52% | 61% | 67% | 67% | 54% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 10.95% | 18.09% | 25.04% | 10.11% | 22.31% | 10.22% | 8.83% | 39.78% | -8.35% | 0.99% | -0.33% |
| Change in YoY Net Profit Growth (%) | 0.00% | 7.14% | 6.94% | -14.93% | 12.20% | -12.09% | -1.38% | 30.95% | -48.13% | 9.34% | -1.33% |
Power Grid Corporation of India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 4% |
| 3 Years: | 3% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 9% |
| 3 Years: | 3% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 23% |
| 3 Years: | 19% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 18% |
| 3 Years: | 18% |
| Last Year: | 17% |
Last Updated: September 5, 2025, 12:25 pm
Balance Sheet
Last Updated: August 11, 2025, 2:32 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5,232 | 5,232 | 5,232 | 5,232 | 5,232 | 5,232 | 5,232 | 5,232 | 6,975 | 6,975 | 9,301 | 9,301 |
| Reserves | 29,466 | 33,207 | 38,738 | 44,634 | 49,194 | 53,857 | 59,464 | 64,704 | 69,272 | 76,051 | 77,845 | 83,362 |
| Borrowings | 84,220 | 96,243 | 108,545 | 118,988 | 131,503 | 146,376 | 148,270 | 143,232 | 134,696 | 128,584 | 123,516 | 131,030 |
| Other Liabilities | 22,562 | 26,102 | 26,797 | 26,809 | 39,425 | 41,916 | 43,706 | 42,539 | 40,008 | 40,615 | 40,168 | 42,326 |
| Total Liabilities | 141,480 | 160,784 | 179,312 | 195,662 | 225,354 | 247,380 | 256,671 | 255,708 | 250,950 | 252,225 | 250,829 | 266,019 |
| Fixed Assets | 74,252 | 91,191 | 115,094 | 137,678 | 156,198 | 172,740 | 181,112 | 183,726 | 191,773 | 185,437 | 177,761 | 172,320 |
| CWIP | 50,069 | 53,681 | 45,611 | 38,264 | 37,669 | 37,631 | 35,177 | 24,838 | 12,854 | 13,772 | 18,197 | 33,585 |
| Investments | 423 | 220 | 919 | 1,165 | 1,224 | 1,296 | 1,431 | 1,486 | 3,788 | 3,489 | 4,163 | 3,117 |
| Other Assets | 16,736 | 15,693 | 17,688 | 18,555 | 30,264 | 35,713 | 38,951 | 45,659 | 42,536 | 49,527 | 50,708 | 56,998 |
| Total Assets | 141,480 | 160,784 | 179,312 | 195,662 | 225,354 | 247,380 | 256,671 | 255,708 | 250,950 | 252,225 | 250,829 | 266,019 |
Below is a detailed analysis of the balance sheet data for Power Grid Corporation of India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 9,301.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 9,301.00 Cr..
- For Reserves, as of Mar 2025, the value is 83,362.00 Cr.. The value appears strong and on an upward trend. It has increased from 77,845.00 Cr. (Mar 2024) to 83,362.00 Cr., marking an increase of 5,517.00 Cr..
- For Borrowings, as of Mar 2025, the value is 131,030.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 123,516.00 Cr. (Mar 2024) to 131,030.00 Cr., marking an increase of 7,514.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 42,326.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 40,168.00 Cr. (Mar 2024) to 42,326.00 Cr., marking an increase of 2,158.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 266,019.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 250,829.00 Cr. (Mar 2024) to 266,019.00 Cr., marking an increase of 15,190.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 172,320.00 Cr.. The value appears to be declining and may need further review. It has decreased from 177,761.00 Cr. (Mar 2024) to 172,320.00 Cr., marking a decrease of 5,441.00 Cr..
- For CWIP, as of Mar 2025, the value is 33,585.00 Cr.. The value appears strong and on an upward trend. It has increased from 18,197.00 Cr. (Mar 2024) to 33,585.00 Cr., marking an increase of 15,388.00 Cr..
- For Investments, as of Mar 2025, the value is 3,117.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,163.00 Cr. (Mar 2024) to 3,117.00 Cr., marking a decrease of 1,046.00 Cr..
- For Other Assets, as of Mar 2025, the value is 56,998.00 Cr.. The value appears strong and on an upward trend. It has increased from 50,708.00 Cr. (Mar 2024) to 56,998.00 Cr., marking an increase of 6,290.00 Cr..
- For Total Assets, as of Mar 2025, the value is 266,019.00 Cr.. The value appears strong and on an upward trend. It has increased from 250,829.00 Cr. (Mar 2024) to 266,019.00 Cr., marking an increase of 15,190.00 Cr..
However, the Borrowings (131,030.00 Cr.) are higher than the Reserves (83,362.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -72.00 | -82.00 | -90.00 | -96.00 | -106.00 | -120.00 | -116.00 | -109.00 | -99.00 | -89.00 | -84.00 | -93.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38 | 46 | 48 | 44 | 44 | 49 | 49 | 79 | 81 | 119 | 92 | 63 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 38 | 46 | 48 | 44 | 44 | 49 | 49 | 79 | 81 | 119 | 92 | 63 |
| Working Capital Days | -365 | -356 | -306 | -250 | -220 | -201 | -274 | -187 | -241 | -174 | -134 | -166 |
| ROCE % | 9% | 8% | 9% | 10% | 10% | 9% | 11% | 12% | 11% | 13% | 13% | 13% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Nippon India CPSE ETF | 250,729,564 | 19.06 | 5238.99 | 250,729,564 | 2025-04-22 17:25:22 | 0% |
| Parag Parikh Flexi Cap Fund | 113,209,957 | 4.9 | 2365.52 | 113,209,957 | 2025-04-22 17:25:22 | 0% |
| SBI Nifty 50 ETF | 84,545,320 | 1.08 | 1766.57 | 84,545,320 | 2025-04-22 17:25:22 | 0% |
| SBI S&P BSE Sensex ETF | 59,611,023 | 1.25 | 1245.57 | 59,611,023 | 2025-04-22 17:25:22 | 0% |
| ICICI Prudential Bharat 22 ETF | 50,750,172 | 8.19 | 1060.42 | 50,750,172 | 2025-04-22 17:25:22 | 0% |
| SBI Equity Hybrid Fund | 38,666,666 | 1.31 | 807.94 | 38,666,666 | 2025-04-22 15:16:47 | 0% |
| HDFC Flexi Cap Fund - Regular Plan | 30,000,000 | 1.48 | 626.85 | 30,000,000 | 2025-04-22 17:25:22 | 0% |
| UTI Nifty 50 ETF | 23,139,113 | 1.08 | 483.49 | 23,139,113 | 2025-04-22 17:25:22 | 0% |
| UTI S&P BSE Sensex ETF | 20,138,577 | 1.25 | 420.8 | 20,138,577 | 2025-04-22 05:07:38 | 0% |
| HDFC Hybrid Equity Fund - Regular Plan | 18,217,861 | 1.8 | 380.66 | 18,217,861 | 2025-04-22 05:57:46 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 16.69 | 17.36 | 22.10 | 24.12 | 23.01 |
| Diluted EPS (Rs.) | 16.69 | 17.36 | 22.10 | 24.12 | 23.01 |
| Cash EPS (Rs.) | 30.68 | 30.84 | 41.33 | 42.46 | 45.61 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 99.63 | 93.70 | 119.01 | 109.31 | 133.68 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 99.63 | 93.70 | 119.01 | 109.31 | 133.68 |
| Revenue From Operations / Share (Rs.) | 49.23 | 49.29 | 65.34 | 59.66 | 75.77 |
| PBDIT / Share (Rs.) | 43.80 | 44.05 | 58.06 | 53.97 | 69.15 |
| PBIT / Share (Rs.) | 29.92 | 29.97 | 38.95 | 35.52 | 46.14 |
| PBT / Share (Rs.) | 20.86 | 19.93 | 25.49 | 28.00 | 29.22 |
| Net Profit / Share (Rs.) | 16.81 | 16.77 | 22.22 | 24.01 | 22.60 |
| NP After MI And SOA / Share (Rs.) | 16.69 | 16.74 | 22.10 | 24.12 | 23.01 |
| PBDIT Margin (%) | 88.95 | 89.37 | 88.85 | 90.46 | 91.26 |
| PBIT Margin (%) | 60.77 | 60.81 | 59.60 | 59.53 | 60.89 |
| PBT Margin (%) | 42.37 | 40.42 | 39.01 | 46.93 | 38.56 |
| Net Profit Margin (%) | 34.13 | 34.01 | 34.00 | 40.23 | 29.82 |
| NP After MI And SOA Margin (%) | 33.89 | 33.97 | 33.82 | 40.42 | 30.36 |
| Return on Networth / Equity (%) | 16.75 | 17.87 | 18.57 | 22.06 | 17.21 |
| Return on Capital Employeed (%) | 12.32 | 13.46 | 12.81 | 12.02 | 11.20 |
| Return On Assets (%) | 5.83 | 6.20 | 6.15 | 6.70 | 4.70 |
| Long Term Debt / Equity (X) | 1.19 | 1.21 | 1.37 | 1.50 | 1.85 |
| Total Debt / Equity (X) | 1.41 | 1.42 | 1.52 | 1.77 | 1.87 |
| Asset Turnover Ratio (%) | 0.17 | 0.18 | 0.17 | 0.15 | 0.14 |
| Current Ratio (X) | 0.97 | 0.83 | 0.91 | 0.72 | 0.89 |
| Quick Ratio (X) | 0.93 | 0.80 | 0.87 | 0.69 | 0.85 |
| Inventory Turnover Ratio (X) | 28.54 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 46.43 | 50.76 | 45.24 | 51.82 | 56.67 |
| Dividend Payout Ratio (CP) (%) | 25.35 | 27.57 | 24.26 | 29.36 | 28.33 |
| Earning Retention Ratio (%) | 53.57 | 49.24 | 54.76 | 48.18 | 43.33 |
| Cash Earning Retention Ratio (%) | 74.65 | 72.43 | 75.74 | 70.64 | 71.67 |
| Interest Coverage Ratio (X) | 4.68 | 4.67 | 4.20 | 4.68 | 4.45 |
| Interest Coverage Ratio (Post Tax) (X) | 2.76 | 2.84 | 2.58 | 2.74 | 2.54 |
| Enterprise Value (Cr.) | 391023.65 | 373626.62 | 276646.23 | 280879.72 | 238435.32 |
| EV / Net Operating Revenue (X) | 8.54 | 8.15 | 6.07 | 6.75 | 6.01 |
| EV / EBITDA (X) | 9.60 | 9.12 | 6.83 | 7.46 | 6.59 |
| MarketCap / Net Operating Revenue (X) | 5.90 | 5.62 | 3.45 | 3.63 | 2.85 |
| Retention Ratios (%) | 53.56 | 49.23 | 54.75 | 48.17 | 43.32 |
| Price / BV (X) | 2.92 | 2.96 | 1.90 | 1.98 | 1.61 |
| Price / Net Operating Revenue (X) | 5.90 | 5.62 | 3.45 | 3.63 | 2.85 |
| EarningsYield | 0.05 | 0.06 | 0.09 | 0.11 | 0.10 |
After reviewing the key financial ratios for Power Grid Corporation of India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 16.69. This value is within the healthy range. It has decreased from 17.36 (Mar 24) to 16.69, marking a decrease of 0.67.
- For Diluted EPS (Rs.), as of Mar 25, the value is 16.69. This value is within the healthy range. It has decreased from 17.36 (Mar 24) to 16.69, marking a decrease of 0.67.
- For Cash EPS (Rs.), as of Mar 25, the value is 30.68. This value is within the healthy range. It has decreased from 30.84 (Mar 24) to 30.68, marking a decrease of 0.16.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 99.63. It has increased from 93.70 (Mar 24) to 99.63, marking an increase of 5.93.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 99.63. It has increased from 93.70 (Mar 24) to 99.63, marking an increase of 5.93.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 49.23. It has decreased from 49.29 (Mar 24) to 49.23, marking a decrease of 0.06.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 43.80. This value is within the healthy range. It has decreased from 44.05 (Mar 24) to 43.80, marking a decrease of 0.25.
- For PBIT / Share (Rs.), as of Mar 25, the value is 29.92. This value is within the healthy range. It has decreased from 29.97 (Mar 24) to 29.92, marking a decrease of 0.05.
- For PBT / Share (Rs.), as of Mar 25, the value is 20.86. This value is within the healthy range. It has increased from 19.93 (Mar 24) to 20.86, marking an increase of 0.93.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 16.81. This value is within the healthy range. It has increased from 16.77 (Mar 24) to 16.81, marking an increase of 0.04.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 16.69. This value is within the healthy range. It has decreased from 16.74 (Mar 24) to 16.69, marking a decrease of 0.05.
- For PBDIT Margin (%), as of Mar 25, the value is 88.95. This value is within the healthy range. It has decreased from 89.37 (Mar 24) to 88.95, marking a decrease of 0.42.
- For PBIT Margin (%), as of Mar 25, the value is 60.77. This value exceeds the healthy maximum of 20. It has decreased from 60.81 (Mar 24) to 60.77, marking a decrease of 0.04.
- For PBT Margin (%), as of Mar 25, the value is 42.37. This value is within the healthy range. It has increased from 40.42 (Mar 24) to 42.37, marking an increase of 1.95.
- For Net Profit Margin (%), as of Mar 25, the value is 34.13. This value exceeds the healthy maximum of 10. It has increased from 34.01 (Mar 24) to 34.13, marking an increase of 0.12.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 33.89. This value exceeds the healthy maximum of 20. It has decreased from 33.97 (Mar 24) to 33.89, marking a decrease of 0.08.
- For Return on Networth / Equity (%), as of Mar 25, the value is 16.75. This value is within the healthy range. It has decreased from 17.87 (Mar 24) to 16.75, marking a decrease of 1.12.
- For Return on Capital Employeed (%), as of Mar 25, the value is 12.32. This value is within the healthy range. It has decreased from 13.46 (Mar 24) to 12.32, marking a decrease of 1.14.
- For Return On Assets (%), as of Mar 25, the value is 5.83. This value is within the healthy range. It has decreased from 6.20 (Mar 24) to 5.83, marking a decrease of 0.37.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 1.19. This value exceeds the healthy maximum of 1. It has decreased from 1.21 (Mar 24) to 1.19, marking a decrease of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 1.41. This value exceeds the healthy maximum of 1. It has decreased from 1.42 (Mar 24) to 1.41, marking a decrease of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.17. It has decreased from 0.18 (Mar 24) to 0.17, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 0.97. This value is below the healthy minimum of 1.5. It has increased from 0.83 (Mar 24) to 0.97, marking an increase of 0.14.
- For Quick Ratio (X), as of Mar 25, the value is 0.93. This value is below the healthy minimum of 1. It has increased from 0.80 (Mar 24) to 0.93, marking an increase of 0.13.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 28.54. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 28.54, marking an increase of 28.54.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 46.43. This value is within the healthy range. It has decreased from 50.76 (Mar 24) to 46.43, marking a decrease of 4.33.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 25.35. This value is within the healthy range. It has decreased from 27.57 (Mar 24) to 25.35, marking a decrease of 2.22.
- For Earning Retention Ratio (%), as of Mar 25, the value is 53.57. This value is within the healthy range. It has increased from 49.24 (Mar 24) to 53.57, marking an increase of 4.33.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 74.65. This value exceeds the healthy maximum of 70. It has increased from 72.43 (Mar 24) to 74.65, marking an increase of 2.22.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 4.68. This value is within the healthy range. It has increased from 4.67 (Mar 24) to 4.68, marking an increase of 0.01.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.76. This value is below the healthy minimum of 3. It has decreased from 2.84 (Mar 24) to 2.76, marking a decrease of 0.08.
- For Enterprise Value (Cr.), as of Mar 25, the value is 391,023.65. It has increased from 373,626.62 (Mar 24) to 391,023.65, marking an increase of 17,397.03.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 8.54. This value exceeds the healthy maximum of 3. It has increased from 8.15 (Mar 24) to 8.54, marking an increase of 0.39.
- For EV / EBITDA (X), as of Mar 25, the value is 9.60. This value is within the healthy range. It has increased from 9.12 (Mar 24) to 9.60, marking an increase of 0.48.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.90. This value exceeds the healthy maximum of 3. It has increased from 5.62 (Mar 24) to 5.90, marking an increase of 0.28.
- For Retention Ratios (%), as of Mar 25, the value is 53.56. This value is within the healthy range. It has increased from 49.23 (Mar 24) to 53.56, marking an increase of 4.33.
- For Price / BV (X), as of Mar 25, the value is 2.92. This value is within the healthy range. It has decreased from 2.96 (Mar 24) to 2.92, marking a decrease of 0.04.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.90. This value exceeds the healthy maximum of 3. It has increased from 5.62 (Mar 24) to 5.90, marking an increase of 0.28.
- For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 24) to 0.05, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Power Grid Corporation of India Ltd:
- Net Profit Margin: 34.13%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 12.32% (Industry Average ROCE: 18.23%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 16.75% (Industry Average ROE: 15.5%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.76
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.93
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 17.2 (Industry average Stock P/E: 53.64)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.41
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 34.13%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Power - Transmission/Equipment | B-9, Qutab Institutional Area, New Delhi Delhi 110016 | investors@powergrid.in http://www.powergrid.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ravindra Kumar Tyagi | Chairman & Managing Director |
| Mr. Ravisankar Ganesan | Director - Finance & CFO |
| Dr. Yatindra Dwivedi | Director - Personnel |
| Mr. Naveen Srivastava | Director - Operations |
| Mr. Vamsi Ramamohan Burra | Director - Projects |
| Mr. Shiv Tapasya Paswan | Independent Director |
| Mr. Rohit Vaswani | Independent Director |
| Mrs. Sajal Jha | Independent Director |
| Dr. Saibaba Darbamulla | Government Nominee Director |
| Mr. Abhay Bakre | Government Nominee Director |
FAQ
What is the intrinsic value of Power Grid Corporation of India Ltd?
Power Grid Corporation of India Ltd's intrinsic value (as of 28 October 2025) is 240.23 which is 16.30% lower the current market price of 287.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,67,299 Cr. market cap, FY2025-2026 high/low of 345/247, reserves of ₹83,362 Cr, and liabilities of 266,019 Cr.
What is the Market Cap of Power Grid Corporation of India Ltd?
The Market Cap of Power Grid Corporation of India Ltd is 2,67,299 Cr..
What is the current Stock Price of Power Grid Corporation of India Ltd as on 28 October 2025?
The current stock price of Power Grid Corporation of India Ltd as on 28 October 2025 is 287.
What is the High / Low of Power Grid Corporation of India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Power Grid Corporation of India Ltd stocks is 345/247.
What is the Stock P/E of Power Grid Corporation of India Ltd?
The Stock P/E of Power Grid Corporation of India Ltd is 17.2.
What is the Book Value of Power Grid Corporation of India Ltd?
The Book Value of Power Grid Corporation of India Ltd is 99.6.
What is the Dividend Yield of Power Grid Corporation of India Ltd?
The Dividend Yield of Power Grid Corporation of India Ltd is 3.11 %.
What is the ROCE of Power Grid Corporation of India Ltd?
The ROCE of Power Grid Corporation of India Ltd is 12.8 %.
What is the ROE of Power Grid Corporation of India Ltd?
The ROE of Power Grid Corporation of India Ltd is 17.0 %.
What is the Face Value of Power Grid Corporation of India Ltd?
The Face Value of Power Grid Corporation of India Ltd is 10.0.
