Power Grid Corporation of India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 29, 2025, 11:22 am

Market Cap	2,78,321 Cr.
Current Price	299
High / Low	366/247
Stock P/E	17.9
Book Value	99.6
Dividend Yield	3.76 %
ROCE	12.9 %
ROE	17.3 %
Face Value	10.0
PEG Ratio	3.43

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Power Grid Corporation of India Ltd

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 ⇩
Aartech Solonics Ltd	227 Cr.	71.4	106/49.8	83.2	9.90	0.35 %	6.47 %	8.95 %	5.00
Voltamp Transformers Ltd	9,941 Cr.	9,826	14,800/5,900	30.5	1,569	0.92 %	29.7 %	22.1 %	10.0
Transformers & Rectifiers India Ltd (TRIL)	11,186 Cr.	745	846/110	145	38.9	0.03 %	14.8 %	9.33 %	1.00
Power Grid Corporation of India Ltd	2,78,321 Cr.	299	366/247	17.9	99.6	3.76 %	12.9 %	17.3 %	10.0
KEC International Ltd	23,941 Cr.	899	1,313/605	41.9	201	0.44 %	16.0 %	12.1 %	2.00
Industry Average	46,816.71 Cr	1,964.14		58.39	312.45	0.79%	16.57%	15.53%	5.71

All Competitor Stocks of Power Grid Corporation of India Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	10,687	10,905	11,151	11,262	12,264	11,048	11,267	11,550	11,978	11,006	11,278	11,233	12,275
Expenses	1,983	1,661	1,785	1,368	1,433	1,716	1,557	1,375	2,055	1,466	1,681	1,700	2,081
Operating Profit	8,704	9,245	9,366	9,893	10,831	9,332	9,710	10,175	9,923	9,540	9,597	9,533	10,194
OPM %	81%	85%	84%	88%	88%	84%	86%	88%	83%	87%	85%	85%	83%
Other Income	737	342	199	500	294	209	263	380	389	302	814	552	366
Interest	2,091	1,960	2,187	3,012	2,475	2,057	2,341	2,446	1,928	2,039	2,441	1,917	2,303
Depreciation	3,279	3,295	3,317	3,407	3,314	3,266	3,277	3,293	3,259	3,200	3,292	3,216	3,196
Profit before tax	4,071	4,331	4,060	3,975	5,335	4,218	4,355	4,816	5,125	4,603	4,678	4,952	5,062
Tax %	-2%	12%	10%	8%	19%	15%	13%	16%	19%	19%	19%	22%	18%
Net Profit	4,156	3,801	3,650	3,645	4,323	3,597	3,781	4,028	4,166	3,724	3,793	3,862	4,143
EPS in Rs	4.47	4.09	3.92	3.92	4.65	3.87	4.07	4.33	4.48	4.00	4.08	4.15	4.45

Last Updated: May 31, 2025, 8:07 am

Below is a detailed analysis of the quarterly 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 Sales, as of Mar 2025, the value is 12,275.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,233.00 Cr. (Dec 2024) to 12,275.00 Cr., marking an increase of 1,042.00 Cr..
For Expenses, as of Mar 2025, the value is 2,081.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,700.00 Cr. (Dec 2024) to 2,081.00 Cr., marking an increase of 381.00 Cr..
For Operating Profit, as of Mar 2025, the value is 10,194.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,533.00 Cr. (Dec 2024) to 10,194.00 Cr., marking an increase of 661.00 Cr..
For OPM %, as of Mar 2025, the value is 83.00%. The value appears to be declining and may need further review. It has decreased from 85.00% (Dec 2024) to 83.00%, marking a decrease of 2.00%.
For Other Income, as of Mar 2025, the value is 366.00 Cr.. The value appears to be declining and may need further review. It has decreased from 552.00 Cr. (Dec 2024) to 366.00 Cr., marking a decrease of 186.00 Cr..
For Interest, as of Mar 2025, the value is 2,303.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,917.00 Cr. (Dec 2024) to 2,303.00 Cr., marking an increase of 386.00 Cr..
For Depreciation, as of Mar 2025, the value is 3,196.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3,216.00 Cr. (Dec 2024) to 3,196.00 Cr., marking a decrease of 20.00 Cr..
For Profit before tax, as of Mar 2025, the value is 5,062.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,952.00 Cr. (Dec 2024) to 5,062.00 Cr., marking an increase of 110.00 Cr..
For Tax %, as of Mar 2025, the value is 18.00%. The value appears to be improving (decreasing) as expected. It has decreased from 22.00% (Dec 2024) to 18.00%, marking a decrease of 4.00%.
For Net Profit, as of Mar 2025, the value is 4,143.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,862.00 Cr. (Dec 2024) to 4,143.00 Cr., marking an increase of 281.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 4.45. The value appears strong and on an upward trend. It has increased from 4.15 (Dec 2024) to 4.45, marking an increase of 0.30.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 4:28 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
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
Expenses	2,588	2,613	2,468	3,247	3,993	8,140	4,858	4,734	5,796	6,028	6,017	6,837
Operating Profit	12,967	14,927	18,184	22,450	25,961	26,920	32,886	34,906	35,826	39,576	39,826	38,955
OPM %	83%	85%	88%	87%	87%	77%	87%	88%	86%	87%	87%	85%
Other Income	725	731	656	933	4,065	1,505	2,820	769	4,692	1,093	556	1,943
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
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
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
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
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
Dividend Payout %	30%	21%	20%	31%	33%	43%	47%	52%	61%	67%	67%	54%

Profit & Loss Yearly Chart

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:	10%
3 Years:	3%
TTM:	-4%

Stock Price CAGR
10 Years:	14%
5 Years:	24%
3 Years:	22%
1 Year:	-12%

Return on Equity
10 Years:	17%
5 Years:	19%
3 Years:	18%
Last Year:	17%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:32 am

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	42,414
Total Liabilities	141,480	160,784	179,312	195,662	225,354	247,380	256,671	255,708	250,950	252,225	250,829	266,107
Fixed Assets	74,252	91,191	115,094	137,678	156,198	172,740	181,112	183,726	191,773	185,437	177,761	172,637
CWIP	50,069	53,681	45,611	38,264	37,669	37,631	35,177	24,838	12,854	13,772	18,197	33,269
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	57,085
Total Assets	141,480	160,784	179,312	195,662	225,354	247,380	256,671	255,708	250,950	252,225	250,829	266,107

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 42,414.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 40,168.00 Cr. (Mar 2024) to 42,414.00 Cr., marking an increase of 2,246.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 266,107.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 250,829.00 Cr. (Mar 2024) to 266,107.00 Cr., marking an increase of 15,278.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 172,637.00 Cr.. The value appears to be declining and may need further review. It has decreased from 177,761.00 Cr. (Mar 2024) to 172,637.00 Cr., marking a decrease of 5,124.00 Cr..
For CWIP, as of Mar 2025, the value is 33,269.00 Cr.. The value appears strong and on an upward trend. It has increased from 18,197.00 Cr. (Mar 2024) to 33,269.00 Cr., marking an increase of 15,072.00 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 57,085.00 Cr.. The value appears strong and on an upward trend. It has increased from 50,708.00 Cr. (Mar 2024) to 57,085.00 Cr., marking an increase of 6,377.00 Cr..
For Total Assets, as of Mar 2025, the value is 266,107.00 Cr.. The value appears strong and on an upward trend. It has increased from 250,829.00 Cr. (Mar 2024) to 266,107.00 Cr., marking an increase of 15,278.00 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.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	15,223	15,800	15,008	21,575	22,710	23,271	30,739	29,403	26,124	40,203	37,290	36,223
Cash from Investing Activity +	-26,639	-24,185	-21,576	-23,836	-25,701	-18,727	-10,733	-9,244	753	-7,138	-13,114	-23,533
Cash from Financing Activity +	13,712	6,399	5,621	3,959	1,285	-2,431	-18,806	-20,521	-28,967	-30,450	-25,903	-12,357
Net Cash Flow	2,295	-1,986	-948	1,698	-1,707	2,113	1,199	-362	-2,091	2,615	-1,728	333

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.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	42	38	46	48	44	44	49	49	79	81	119	92
Inventory Days
Days Payable
Cash Conversion Cycle	42	38	46	48	44	44	49	49	79	81	119	92
Working Capital Days	-254	-301	-331	-271	-229	-208	-156	-245	-57	-62	-56	-52
ROCE %	10%	9%	8%	9%	10%	10%	9%	11%	12%	11%	13%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	51.34%	51.34%	51.34%	51.34%	51.34%	51.34%	51.34%	51.34%	51.34%	51.34%	51.34%	51.34%
FIIs	29.35%	30.25%	31.70%	32.76%	32.30%	33.14%	32.01%	30.51%	29.82%	28.73%	28.26%	28.11%
DIIs	16.02%	15.17%	13.79%	12.73%	13.39%	12.55%	13.21%	14.77%	15.26%	16.32%	16.89%	16.99%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%
Public	3.29%	3.24%	3.17%	3.18%	2.99%	2.95%	3.44%	3.37%	3.58%	3.61%	3.50%	3.50%
No. of Shareholders	8,04,152	7,90,532	8,23,239	8,11,074	8,02,619	7,83,265	9,31,366	9,61,585	11,00,850	13,17,077	13,29,741	13,51,252

Shareholding Pattern Chart

No. of Shareholders

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%

ROCE Trend

EPS Trend

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.)	16.39	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
Dividend Payout Ratio (NP) (%)	0.00	50.76	45.24	51.82	56.67
Dividend Payout Ratio (CP) (%)	0.00	27.57	24.26	29.36	28.33
Earning Retention Ratio (%)	0.00	49.24	54.76	48.18	43.33
Cash Earning Retention Ratio (%)	0.00	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 (%)	0.00	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 16.39. This value is within the healthy range. It has decreased from 17.36 (Mar 24) to 16.39, marking a decrease of 0.97.
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 Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 50.76 (Mar 24) to 0.00, marking a decrease of 50.76.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 27.57 (Mar 24) to 0.00, marking a decrease of 27.57.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 49.24 (Mar 24) to 0.00, marking a decrease of 49.24.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 72.43 (Mar 24) to 0.00, marking a decrease of 72.43.
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 0.00. This value is below the healthy minimum of 30. It has decreased from 49.23 (Mar 24) to 0.00, marking a decrease of 49.23.
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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Power Grid Corporation of India Ltd as of July 4, 2025 is: 256.02

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 4, 2025, Power Grid Corporation of India Ltd is Overvalued by 14.37% compared to the current share price 299.00

Intrinsic Value of Power Grid Corporation of India Ltd as of July 4, 2025 is: 269.39

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 4, 2025, Power Grid Corporation of India Ltd is Overvalued by 9.90% compared to the current share price 299.00

Last 5 Year EPS CAGR: 5.22%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -185.17, which is a positive sign. The company has shown consistent growth in sales (32.75 cr) and profit (12.67 cr) over the years.	The stock has a low average ROCE of 10.42%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 60.92, which may not be favorable. The company has higher borrowings (124,600.25) compared to reserves (56,649.50), which may suggest financial risk.

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:
1. 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.
2. ROCE: 12.32% (Industry Average ROCE: 16.57%)
  - 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.
3. ROE%: 16.75% (Industry Average ROE: 15.53%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. 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.
5. 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.
6. Stock P/E: 17.9 (Industry average Stock P/E: 58.39)
  - 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.
7. 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Power Grid Corporation of India Ltd. is a Public Limited Listed company incorporated on 23/10/1989 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L40101DL1989GOI038121 and registration number is 038121. Currently Company is involved in the business activities of Electric power generation, transmission and distribution. Company's Total Operating Revenue is Rs. 41431.49 Cr. and Equity Capital is Rs. 9300.60 Cr. for the Year ended 31/03/2025.

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. Chetan Bansilal Kankariya	Independent Director
Mr. Ram Naresh Tiwari	Independent Director
Dr. Saibaba Darbamulla	Government Nominee Director
Mr. Lalit Bohra	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 04 July 2025) is 256.02 — 14.37% lower the current market price of 299.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,78,321 Cr. market cap, FY2025-2026 high/low of 366/247, reserves of 83,362 Cr, and liabilities of 266,107 Cr.

What is the Market Cap of Power Grid Corporation of India Ltd?

The Market Cap of Power Grid Corporation of India Ltd is 2,78,321 Cr..

What is the current Stock Price of Power Grid Corporation of India Ltd as on 04 July 2025?

The current stock price of Power Grid Corporation of India Ltd as on 04 July 2025 is 299.

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 ₹366/247.

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 17.9.

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 3.76 %.

What is the ROCE of Power Grid Corporation of India Ltd?

The ROCE of Power Grid Corporation of India Ltd is 12.9 %.

What is the ROE of Power Grid Corporation of India Ltd?

The ROE of Power Grid Corporation of India Ltd is 17.3 %.

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.