High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Smart Money: Smart money has been increasing their position in the stock.
Profitability: Very strong Profitability. One year profit margin are 32%.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Dividend paying stock. Dividend yield of 3.11%.
Past Returns: Outperforming stock! In past three years, the stock has provided 19.8% return compared to 9.3% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Momentum: Stock has a weak negative price momentum.
Technicals: SharesGuru indicator is Bearish.
Valuation | |
|---|---|
| Market Cap | 2.7 LCr |
| Price/Earnings (Trailing) | 17.36 |
| Price/Sales (Trailing) | 5.58 |
| EV/EBITDA | 10.03 |
| Price/Free Cashflow | 19.94 |
| MarketCap/EBT | 14.5 |
| Enterprise Value | 4.02 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 48.3 kCr |
| Rev. Growth (Yr) | 7.3% |
| Earnings (TTM) | 15.52 kCr |
| Earnings Growth (Yr) | 8.4% |
Profitability | |
|---|---|
| Operating Margin | 38% |
| EBT Margin | 38% |
| Return on Equity | 15.69% |
| Return on Assets | 5.58% |
| Free Cashflow Yield | 5.02% |
Growth & Returns | |
|---|---|
| Price Change 1W | -1.8% |
| Price Change 1M | -0.90% |
| Price Change 6M | 0.00% |
| Price Change 1Y | 1.1% |
| 3Y Cumulative Return | 19.8% |
| 5Y Cumulative Return | 18.7% |
| 7Y Cumulative Return | 14.5% |
| 10Y Cumulative Return | 14% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -23.53 kCr |
| Cash Flow from Operations (TTM) | 36.22 kCr |
| Cash Flow from Financing (TTM) | -12.36 kCr |
| Cash & Equivalents | 3.32 kCr |
| Free Cash Flow (TTM) | 13.61 kCr |
| Free Cash Flow/Share (TTM) | 14.63 |
Balance Sheet | |
|---|---|
| Total Assets | 2.78 LCr |
| Total Liabilities | 1.79 LCr |
| Shareholder Equity | 98.93 kCr |
| Current Assets | 31.02 kCr |
| Current Liabilities | 35.21 kCr |
| Net PPE | 1.67 LCr |
| Inventory | 1.88 kCr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.49 |
| Debt/Equity | 1.37 |
| Interest Coverage | 1.17 |
| Interest/Cashflow Ops | 5.21 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 9 |
| Dividend Yield | 3.11% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Smart Money: Smart money has been increasing their position in the stock.
Profitability: Very strong Profitability. One year profit margin are 32%.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Dividend paying stock. Dividend yield of 3.11%.
Past Returns: Outperforming stock! In past three years, the stock has provided 19.8% return compared to 9.3% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Momentum: Stock has a weak negative price momentum.
Technicals: SharesGuru indicator is Bearish.
Investor Care | |
|---|---|
| Dividend Yield | 3.11% |
| Dividend/Share (TTM) | 9 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 16.7 |
Financial Health | |
|---|---|
| Current Ratio | 0.88 |
| Debt/Equity | 1.37 |
Technical Indicators | |
|---|---|
| RSI (14d) | 37.43 |
| RSI (5d) | 7.61 |
| RSI (21d) | 34.41 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of POWER GRID Corp OF INDIA's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Power Grid Corporation of India Limited provided a comprehensive outlook during the webinar held on March 23, 2026, highlighting several key projections and commitments for the future. They announced an increased capital expenditure (Capex) guidance of over Rs.35,000 crore for FY26, surpassing the previous target of Rs.32,000 crore. The company is optimistic for FY27, projecting Capex to potentially reach Rs.45,000 crore and Rs.37,000 crore for FY28, which indicates a strong growth trajectory.
In terms of capitalization, Power Grid expects to exceed Rs.25,000 crore for the current fiscal year and is targeting Rs.30,000 crore for FY27 and Rs.35,000 crore for FY28, leading to a projected total capitalization of around Rs.65,000 crore in the next two years. Their work in hand stands at approximately Rs.1.48 lakh crore, reflecting significant ongoing projects, including substantial investments in HVDC networks and transmission systems.
Additionally, the management outlined opportunities associated with the growing demand for electricity, which is projected to increase significantly by 2035. The company anticipates that with the integration of renewable energy, India's installed capacity could reach about 1,100 GW, necessitating robust transmission infrastructure. They noted an investment opportunity of approximately Rs.15 lakh crore in the transmission sector, supporting their involvement in initiatives like the "One Sun, One World, One Grid" concept.
The management also addressed operational efficiencies, stating that they achieved a high transmission system availability of 99.84%, and highlighted advancements in digital maintenance technologies. Furthermore, they emphasized their commitment to adapting to market changes and are taking measures to mitigate challenges related to project execution, such as supply chain and skilled labor shortages.
Overall, Power Grid remains positioned to leverage significant growth opportunities in the energy sector, underpinned by a solid operational base and strategic government support.
Question 1: Given the inflationary period, how are we placed with fixed revenue streams amid expected cost escalations for TBCB projects? Do you expect any hit to estimated IRRs?
Answer: We have strong project management and execution efficiency, so we aren't expecting significant price escalations. While there may be some land compensation claims, we can generally pass these expenses through to CERC for additional tariff approvals, maintaining our initial revenue guidance.
Question 2: With the positive Capex increase for FY26, why no upward revision for the next two years? And what is our current operational capacity?
Answer: We maintain Capex guidance of Rs. 37,000 crore and Rs. 45,000 crore for the following year. We can adjust these figures based on project progress. Currently, we have sufficient funds to compete for upcoming projects without issues in execution capabilities.
Question 3: Can you quantify the savings from the new corporate structure? Why two SPVs instead of one?
Answer: We aim to streamline administration more than focus on cost savings. The decision for two SPVs arises from DIPAM guidelines, which limit equity per SPV. If these limits are raised, we can merge even more SPVs.
Question 4: What is the investment requirement to evacuate renewable energy capacities?
Answer: We estimate a need for Rs. 60,000 to Rs. 70,000 crore on average for the next 10 years, with equity requirements being manageable based on our projected profits, ensuring no significant challenges in meeting Capex requirements.
Question 5: When will the Brahmaputra Basin and OSOWOG projects start getting awarded?
Answer: The Brahmaputra Basin projects, estimated at Rs. 4 lakh crore, have ongoing plans with bidding expected in the next year. For OSOWOG projects with Oman and UAE, we anticipate tendering to begin in 2 to 3 years.
Question 6: How will the GIB court ruling affect our projects?
Answer: There has been no impact on our projects as they are outside GIB areas. CTUIL ensures that future projects comply with Supreme Court guidelines, so we don't foresee GIB affecting our operations.
Question 7: What is the expected timeline for commissioning new projects, considering past delays?
Answer: After assessing efficiencies, we are now aligned with a commissioning timeline of 30 to 36 months, primarily due to improved processes and support in managing RoW issues and supply chain challenges.
Question 8: What changes in bid pipeline and projected Capex based on the new Rs. 7.9 trillion requirement from CEA?
Answer: We're maintaining our previous estimates on the bid pipeline; specifics will be clarified as new projects mature. We expect ongoing evaluation will adjust as necessary based on developments in project awarding and execution.
Analysis of POWER GRID Corp OF INDIA's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Transmission | 93.7% | 11.8 kCr |
| Consultancy | 3.9% | 496.5 Cr |
| Telecom | 2.4% | 298.8 Cr |
| Total | 12.6 kCr |
Understand POWER GRID Corp OF INDIA ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091 | 3.65% |
| PARAG PARIKH ARBITRAGE FUND | 3.48% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA CON | 2.53% |
| MAGNUM HYBRID LONG SHORT FUND | 2.18% |
| GOVERNMENT OF SINGAPORE | 1.96% |
| ICICI PRUDENTIAL SENSEX ETF | 1.6% |
| NPS TRUST A/C - LIC PFL NPS SMART BALANCE TIER I | 1.25% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of POWER GRID Corp OF INDIA against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| NTPC | NTPC | 3.48 LCr | 1.9 LCr | -2.90% | +2.00% | 14.39 | 1.83 | - | - |
| ADANIGREEN | Adani Green Energy | 1.41 LCr | 13.38 kCr | -14.80% | -9.40% | 99.53 | 10.51 | - | - |
| TATAPOWER | Tata Power Co. | 1.22 LCr | 66.16 kCr | +0.30% | +1.30% | 32.29 | 1.85 | - | - |
| NHPC | NHPC | 75.62 kCr | 12.24 kCr | -2.10% | -10.00% | 23.9 | 6.18 | - | - |
| TORNTPOWER | TORRENT POWER | 67.33 kCr | 29.38 kCr | -16.60% | -11.50% | 21.32 | 2.29 | - | - |
| SJVN | SJVN | 26.46 kCr | 3.72 kCr | -13.20% | -27.90% | 41.81 | 7.11 | - | - |
Comprehensive comparison against sector averages
POWERGRID metrics compared to Power
| Category | POWERGRID | Power |
|---|---|---|
| PE | 17.36 | 17.63 |
| PS | 5.58 | 2.85 |
| Growth | 2.4 % | 1.1 % |
POWER GRID Corp OF INDIA is a prominent power transmission company, operating under the stock ticker POWERGRID. With a significant market capitalization of Rs. 286,970 Crores, it specializes in the transmission of electric power both domestically and internationally.
The company is structured into three main segments:
As of June 30, 2024, POWER GRID owned and managed 1,77,790 circuit kilometers of transmission lines, alongside 278 substations with a transformation capacity of 5,28,761 mega volt ampere.
In addition to its core transmission services, the company provides a range of consultancy services, including:
The company also operates under the POWERTEL brand, providing overhead optic fiber network services utilizing optical ground wire on its power transmission lines, and is involved in operating electric vehicle charging stations.
Founded in 1989 and originally named National Power Transmission Corporation Limited, it rebranded to Power Grid Corporation of India Limited in October 1992. Headquartered in Gurugram, India, the company reported a trailing twelve months revenue of Rs. 47,174 Crores and profits of Rs. 15,544.9 Crores over the previous four quarters, demonstrating its profitability.
Moreover, POWER GRID Corp OF INDIA has shown robust growth, with an 11.1% increase in revenue over the past three years. The company values its investors, distributing dividends with a yield of 4.86% per year, having paid out Rs. 15 in dividends per share in the last year.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
POWERGRID vs Power (2021 - 2026)