Power Grid Corporation of India

Power Grid Corporation of India

270.20
-8.85
(-3.17%)
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Key Fundamentals
Add Ratio
Market Cap
2,59,533.30 Cr
EPS
16.69
PE Ratio
17.07
Dividend Yield
3.23 %
Industry
Power
52 Week High
345.40
52 Week Low
247.30
PB Ratio
2.62
Debt to Equity
1.42
Analyst Rating and Forecast
- By Refinitiv from21 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+66.67 %
+66.67 %
Hold
Hold+9.52 %
+9.52 %
Sell
Sell+23.81 %
+23.81 %
Forecast For
Actual

Company News

View All News
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positive
Power Grid has provided guidance for its capital expenditure and capitalization plans across multiple fiscal years. For FY26, the company projects capitalization of INR 20,000 crores and capital expenditure of INR 28,000-30,000 crores. FY27 guidance includes capital expenditure of INR 35,000 crores and capitalization of INR 25,000-26,000 crores. For FY28, the company expects capital expenditure to reach INR 45,000 crores with capitalization of INR 28,000 crores. These projections were shared during a conference call update.
positive
PowerGrid Corporation of India presented its investor update showing total income of ₹23,115 crore and profit after tax of ₹7,197 crore for H1 FY26. The company maintains system availability of 99.83% and operates 1,81,054 circuit kilometers of transmission lines with 1,87,516 MVA transformation capacity. PowerGrid commissioned 857 circuit kilometers of transmission lines and 30,555 MVA transformation capacity during the period. The company achieved record works in hand of ₹1,52,287 crore, with TBCB works showing 48% CAGR growth from FY20-H1FY26. Major developments include successful testing of India's first insulated cross arms for 400kV lines and launch of the country's first 220kV mobile GIS bay. PowerGrid received in-principle approval for Sasaram HVDC project upgradation at ₹3,440 crore cost. The company maintains strong credit ratings of AAA from domestic agencies and investment grade ratings from international agencies. Debt-to-equity ratio stands at 58:42 with return on net worth at 7.27%.
positive
Powergrid has announced plans for a massive capital expenditure of ₹1.3 lakh crore over five years. The investment aims to meet rising power demand and support renewable energy integration. The company's focus areas include digital grid modernization and green energy corridors. Powergrid maintains sustained dividend growth and holds Aaa credit ratings.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
270.20
#1 2,59,533.30
#1 17.07
#1 47,459.40
#1 1.16
#1 15,245
#1 -5.98
31.50
Growth Rate
Revenue Growth
1.16 %
Net Income Growth
-5.57 %
Cash Flow Change
-2.86 %
ROE
-11.23 %
ROCE
-5.03 %
EBITDA Margin (Avg.)
-1.73 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
9,459
9,892
9,624
9,714
9,391
9,660
9,934
11,531
10,259
9,888
10,795
10,871
13,938
10,543
10,724
11,424
11,247
11,350
11,762
12,557
11,258
11,531
11,930
12,367
11,309
12,092
11,786
12,641
11,657
12,188
Expenses
1,195
1,313
898
6,858
917
1,130
1,117
1,645
2,191
1,100
1,228
1,618
1,218
1,496
1,415
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
2,094
2,421
EBITDA
8,263
8,579
8,726
2,856
8,474
8,530
8,816
9,886
8,068
8,787
9,567
9,252
12,721
9,047
9,309
9,441
9,586
9,564
10,394
11,124
9,541
9,973
10,555
10,312
9,843
10,411
10,085
10,560
9,563
9,767
Operating Profit %
86 %
85 %
90 %
28 %
90 %
88 %
88 %
84 %
77 %
88 %
88 %
85 %
88 %
85 %
86 %
81 %
85 %
84 %
88 %
88 %
84 %
86 %
88 %
83 %
87 %
85 %
85 %
83 %
81 %
79 %
Depreciation
2,497
2,633
2,695
2,716
2,783
2,875
2,931
3,019
2,959
2,895
3,073
3,112
3,113
3,195
3,286
3,279
3,295
3,317
3,407
3,314
3,266
3,277
3,294
3,259
3,200
3,292
3,216
3,196
3,131
3,223
Interest
2,030
2,227
2,180
2,299
2,289
2,299
2,387
2,535
2,203
2,003
2,047
1,882
2,216
1,885
1,845
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
1,934
2,148
Profit Before Tax
3,736
3,719
3,851
-2,159
3,403
3,357
3,498
4,333
2,906
3,889
4,447
4,259
7,392
3,968
4,178
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
4,499
4,395
Tax
1,458
1,370
1,505
-5,220
900
785
826
1,020
858
795
1,079
732
1,394
592
885
-85
530
409
330
1,012
621
574
788
959
879
885
1,090
919
868
829
Net Profit
2,278
2,348
2,346
3,061
2,503
2,571
2,672
3,314
2,048
3,094
3,368
3,526
5,998
3,376
3,293
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
3,631
3,566
EPS in ₹
4.35
4.49
4.49
5.85
4.78
4.92
5.11
6.33
2.94
5.91
4.83
5.06
8.60
4.84
4.72
5.96
5.45
5.23
3.92
6.20
5.16
4.06
4.33
4.48
4.00
4.08
4.15
4.46
3.90
3.84

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
1,60,764
1,79,292
1,95,645
2,25,316
2,47,358
2,56,653
2,55,690
2,50,943
2,52,273
2,50,891
2,66,107
Fixed Assets
91,191
1,15,094
1,37,678
1,56,198
1,72,740
1,81,112
1,83,726
1,91,773
1,85,437
1,77,761
1,72,320
Current Assets
8,884
9,603
10,975
12,167
17,662
18,112
25,386
22,376
25,923
26,675
29,499
Capital Work in Progress
53,681
45,611
38,264
37,669
37,631
35,177
24,838
12,854
13,772
18,198
33,585
Investments
200
919
1,165
1,224
1,296
1,431
1,486
3,788
3,489
4,163
3,117
Other Assets
15,692
17,668
18,538
30,225
35,691
38,933
45,640
42,529
49,575
50,769
57,085
Total Liabilities
1,60,764
1,79,292
1,95,645
2,25,316
2,47,358
2,56,653
2,55,690
2,50,943
2,52,273
2,50,891
2,66,107
Current Liabilities
22,809
24,689
25,269
28,106
32,615
40,998
40,308
44,829
40,228
35,352
40,245
Non Current Liabilities
99,516
1,10,633
1,20,511
1,42,784
1,55,654
1,50,960
1,45,446
1,29,867
1,29,018
1,28,393
1,33,199
Total Equity
38,439
43,970
49,866
54,426
59,088
64,695
69,936
76,247
83,026
87,145
92,663
Reserve & Surplus
33,207
38,738
44,634
49,194
53,857
59,464
64,705
69,272
76,051
77,845
83,362
Share Capital
5,232
5,232
5,232
5,232
5,232
5,232
5,232
6,976
6,976
9,301
9,301

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-1,986
-948
1,698
-1,707
2,113
1,199
-362
-2,091
2,615
-1,728
333
Investing Activities
-24,185
-21,577
-23,836
-25,701
-18,727
-10,734
-9,244
753
-7,138
-13,114
-23,533
Operating Activities
15,800
15,008
21,575
22,710
23,271
30,739
29,403
26,124
40,203
37,290
36,223
Financing Activities
6,399
5,621
3,959
1,285
-2,431
-18,806
-20,521
-28,967
-30,450
-25,903
-12,357

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
51.34 %
51.34 %
51.34 %
51.34 %
51.34 %
51.34 %
51.34 %
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
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.02 %
0.01 %
0.01 %
0.00 %
0.00 %
0.01 %
29.83 %
28.73 %
28.26 %
28.12 %
26.78 %
26.51 %
25.67 %
DIIs
13.72 %
13.84 %
8.34 %
8.42 %
8.45 %
8.59 %
13.81 %
12.74 %
13.39 %
12.58 %
12.48 %
14.01 %
15.28 %
16.33 %
16.90 %
17.04 %
18.35 %
18.55 %
19.39 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
2.58 %
2.82 %
2.77 %
2.73 %
2.73 %
2.65 %
2.62 %
2.63 %
2.60 %
2.55 %
2.94 %
2.90 %
3.03 %
3.08 %
2.99 %
3.00 %
3.02 %
3.09 %
3.07 %
Others
32.36 %
32.00 %
37.55 %
37.51 %
37.48 %
37.42 %
32.21 %
33.27 %
32.66 %
33.54 %
33.24 %
31.74 %
0.52 %
0.53 %
0.51 %
0.50 %
0.51 %
0.51 %
0.53 %
No of Share Holders
0
5,91,585
6,71,110
7,19,276
7,77,072
8,04,152
7,90,532
8,23,239
8,02,619
7,83,265
9,31,366
9,61,585
11,00,850
13,17,080
13,29,740
13,51,250
13,83,990
13,88,420
13,72,720

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 2.31 4.35 5.25 8.33 10 12 14.75 14.75 11.25 9
Dividend Yield (%) 2.08 4 4.72 9.31 8.24 7.38 8.71 5.33 3.87 3.23

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
10 Nov 2025 DIVIDEND Dividend
₹ 4.50 /share
10 Nov 2025 288.15 279.00
09 Mar 2021 DIVIDEND Dividend
₹ 4.00 /share
08 Mar 2021 120.83 123.92
BONUS Bonus
1:3
29 Jul 2021 131.51 0.00
10 Sept 2021 DIVIDEND Dividend
₹ 3.00 /share
08 Sept 2021 136.18 130.13
23 Dec 2021 DIVIDEND Dividend
₹ 4.00 /share
22 Dec 2021 159.19 151.16
23 Dec 2021 DIVIDEND Dividend
₹ 3.00 /share
22 Dec 2021 159.19 151.16
17 Feb 2022 DIVIDEND Dividend
₹ 5.50 /share
16 Feb 2022 157.58 147.19
22 Aug 2022 DIVIDEND Dividend
₹ 2.25 /share
19 Aug 2022 171.79 171.11
15 Nov 2022 DIVIDEND Dividend
₹ 5.00 /share
14 Nov 2022 169.61 158.44
08 Feb 2023 DIVIDEND Dividend
₹ 5.00 /share
08 Feb 2023 158.81 162.64
08 Aug 2023 DIVIDEND Dividend
₹ 4.75 /share
08 Aug 2023 176.48 186.00
12 Sept 2023 BONUS Bonus
1:3
12 Sept 2023 181.35 198.30
16 Nov 2023 DIVIDEND Dividend
₹ 4.00 /share
16 Nov 2023 208.20 210.25
15 Feb 2024 DIVIDEND Dividend
₹ 4.50 /share
15 Feb 2024 274.35 273.85
16 Aug 2024 DIVIDEND Dividend
₹ 2.75 /share
16 Aug 2024 325.45 333.45
22 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
22 Aug 2024 349.65 336.80
06 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2024 318.05 316.70
14 Nov 2024 DIVIDEND Dividend
₹ 4.50 /share
14 Nov 2024 316.70 318.20
03 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
03 Feb 2025 287.05 289.95
07 Feb 2025 DIVIDEND Dividend
₹ 3.25 /share
07 Feb 2025 289.95 281.25
19 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
19 May 2025 309.05 300.30
30 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jul 2025 297.85 293.15
19 Aug 2025 DIVIDEND Dividend
₹ 1.25 /share
19 Aug 2025 300.30 290.55
26 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Aug 2025 291.20 284.15
03 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
03 Nov 2025 289.65 288.15

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome1 day ago
Announcement under Regulation 30 (LODR)-Newspaper Publication2 days ago
Announcement under Regulation 30 (LODR)-Investor Presentation2 days ago
Corporate Action-Board approves Dividend3 days ago
Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Half Year Ended 30Th September 20253 days ago
Board Meeting Outcome for Outcome Of The Board Meeting Held On 03Rd November 20253 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Record Date For The Purpose Of Ascertaining The Eligibility Of The Shareholders For Payment Of 1St Interim Dividend If Declared By The Board Of Directors Will Be Monday 10Th November 2025.Oct 24, 2025
Closure of Trading WindowOct 24, 2025
Board Meeting Intimation for Meeting Of Board Of Directors Of POWERGRID.Oct 24, 2025
Announcement under Regulation 30 (LODR)-AcquisitionOct 17, 2025
Announcement under Regulation 30 (LODR)-AcquisitionOct 16, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Announcement under Regulation 30 (LODR)-AcquisitionOct 08, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Oct 07, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 30, 2025
POWERGRID Declared As Successful Bidder Under TBCB.Sep 30, 2025
Investment Approval By Committee Of Directors On Investment On Projects Of POWERGRID.Sep 26, 2025
Closure of Trading WindowSep 25, 2025
Announcement under Regulation 30 (LODR)-AcquisitionSep 24, 2025
POWERGRID Declared As Successful Bidder Under TBCBSep 19, 2025
POWERGRID Declared As Successful Bidder Under TBCBSep 17, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 13, 2025
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSep 10, 2025
POWERGRID Declared As Successful Bidder Under TBCBSep 05, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 31, 2025
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.Aug 30, 2025
POWERGRID Declared As Successful Bidder Under TBCB.Aug 27, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 27, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 26, 2025
Investment Approval By "Committee Of Directors On Investment On Projects" Of POWERGRID.Aug 26, 2025
POWERGRID KPS3 TRANSMISSION LIMITED Has Successfully Commissioned The ProjectAug 18, 2025
Announcement under Regulation 30 (LODR)-Credit RatingAug 18, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 08, 2025
Board Meeting Outcome for Raising Of Unsecured Non-Convertible Non-Cumulative Redeemable Taxable POWERGRID Bonds - LXXXII (82Nd) Issue 2025-26 On Private Placement.Aug 05, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 04, 2025
Business Responsibility and Sustainability Reporting (BRSR)Aug 03, 2025
Notice Of 36Th Annual General Meeting And Integrated Annual Report For The Financial Year 2024-25.Aug 03, 2025
Reg. 34 (1) Annual Report.Aug 03, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 01, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 01, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2025
Intimation Of Record Date For The Purpose Of Final Dividend For FY 2024-25.Jul 31, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJul 31, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th July 2025 - Unaudited Financial Results For Quarter Ended 30Th June 2025 (FY 2025-26) And Other Business Matters.Jul 30, 2025
Unaudited Financial Results For Quarter Ended 30Th June 2025 (FY 2025-26)Jul 30, 2025
Board Meeting Intimation for Proposed POWERGRID Non-Convertible Debenture (NCD) - LXXXII (82Nd) Issue 2025-26Jul 29, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 29, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Parag Parikh Flexi Cap Fund Direct-Growth
0.00%
-255922726
-5.99%
-5.89%
HDFC Flexi Cap Direct Plan-Growth
0.00%
-68000000
-2.23%
-2.02%
ICICI Prudential Large Cap Fund Direct-Growth
0.00%
-29755888
-1.14%
-1.14%
Kotak Arbitrage Fund Direct-Growth
0.00%
-20117200
-0.79%
-0.49%
Kotak Flexicap Fund Direct-Growth
0.00%
-20000000
-1.04%
-1.03%
HDFC Focused Fund Direct-Growth
0.00%
-19000000
-2.26%
-1.68%
SBI PSU Direct Plan-Growth
0.00%
-16535554
-8.39%
-8.79%
Aditya Birla Sun Life PSU Equity Fund Direct-Growth
0.00%
-14359136
-7.27%
-7.56%
Parag Parikh ELSS Tax Saver Fund Direct - Growth
0.00%
-12176126
-6.05%
-5.96%
SBI Dividend Yield Fund Direct - Growth
0.00%
-12166666
-3.75%
-3.74%
Kotak Large & Midcap Fund Direct-Growth
0.00%
-12000000
-1.19%
-1.19%
SBI Equity Hybrid Fund Direct Plan-Growth
0.00%
-11000000
-0.39%
-0.39%
HDFC ELSS Tax Saver Fund Direct Plan-Growth
0.00%
-10016442
-1.69%
-1.67%
UTI Nifty 50 Index Fund Direct-Growth
0.00%
-9770548
-1.13%
-1.13%
ICICI Prudential Balanced Advantage Direct-Growth
0.00%
-9693694
-0.41%
-0.41%
HDFC NIFTY 50 Index Fund Direct -Growth
0.00%
-8400561
-1.12%
-1.12%
SBI Balanced Advantage Fund Direct - Growth
0.00%
-6297200
-0.47%
-0.45%
ICICI Prudential Energy Opportunities Fund Direct-Growth
0.00%
-6199329
-1.70%
-1.06%
Tata Value Fund Direct-Growth
0.00%
-6170000
-2.03%
-2.03%
ICICI Prudential PSU Equity Fund Direct - Growth
0.00%
-5913281
-8.64%
-8.70%
UTI Value Fund Direct-Growth
0.00%
-5700000
-1.64%
-1.62%
ICICI Prudential Nifty 50 Index Direct Plan-Growth
0.00%
-5658245
-1.12%
-1.13%
DSP India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms Fund) Direct-Growth
0.00%
-5567574
-2.89%
-2.89%
Kotak Balanced Advantage Fund Direct - Growth
0.00%
-5084201
-0.82%
-0.68%
Tata Balanced Advantage Fund Direct - Growth
0.00%
-4583979
-1.32%
-1.18%

Technical Indicators

RSI(14)
Neutral
38.69
ATR(14)
Volatile
5.17
STOCH(9,6)
Neutral
32.81
STOCH RSI(14)
Oversold
0.00
MACD(12,26)
Bearish
-0.80
ADX(14)
Weak Trend
19.63
UO(9)
Bearish
37.44
ROC(12)
Downtrend And Accelerating
-4.39
WillR(14)
Oversold
-94.88

About Power Grid Corporation of India

Power Grid Corporation of India Limited is India's principal electric power transmission company. It owns and operates 90% of India's interstate and inter-regional electric power transmission system. The company is engaged in planning, implementing, operating and maintaining the Inter-State Transmission System, as well as providing telecom and consultancy services. Power Grid's core operations include transmission of bulk power across different states through extra high voltage/high voltage networks, consultancy services in transmission and distribution sectors, and telecom services utilizing spare optical fibers on its transmission network. The company also works on smart grid technologies for real-time monitoring and control of power systems.
Listing Date
19 Dec, 2013(11 Years, 18 days)
Chairperson NameR. K. Tyagi