Nifty
:
22716.20
Sensex
:
72529.07
-64.05 (-0.28%)
-242.65 (-0.33%)
Nifty
Sensex
:
:
22716.20
72529.07
-64.05 (-0.28%)
-242.65 (-0.33%)

Power Grid Corporation Of India Ltd.

Power Generation/Distribution

Rating :
43/99

BSE: 532898 | NSE: POWERGRID

NSE BSE
261.50
29-Sep-2026
  • Open
  • High
  • Low
  • Previous Close
  •  262.3
  •  269.2
  •  259.55
  •  261.85
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  25174350
  •  6604344228.2
  •  324.95
  •  250

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,42,745.76
  • 15.27
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,81,834.36
  • 3.45%
  • 2.33

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 51.34%
  • 0.28%
  • 3.07%
  • FII
  • DII
  • Others
  • 24.33%
  • 19.08%
  • 1.90%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.16
  • 2.34
  • 0.64

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.35
  • 0.76
  • -0.98

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.89
  • -1.09
  • 0.75

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 11.48
  • 15.59
  • 17.27

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.30
  • 2.56
  • 2.84

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 8.31
  • 8.75
  • 9.59

Earnings Forecasts:

(Updated: 27-09-2026)
Description
2026
2027
2028
2029
Adj EPS
17.13
17.79
19.2
20.71
P/E Ratio
15.27
14.70
13.62
12.63
Revenue
44765.4
52430.7
56717.6
62592
EBITDA
37268.2
43247.1
46956.2
51472.2
Net Income
15928
16908.1
18203.3
19840.4
ROA
5.68
7.71
7.7
7.55
P/B Ratio
2.42
2.25
2.08
1.92
ROE
16.49
15.92
15.71
15.41
FCFF
-5320.88
12131.9
14222.2
12223.4
FCFF Yield
-1.38
3.14
3.68
3.16
Net Debt
138899
155869
191277
236441
BVPS
108.05
116.35
125.64
136.25

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
11,496.72
11,196.22
2.68%
11,665.61
12,275.35
-4.97%
12,395.09
11,233.03
10.35%
11,475.95
11,277.76
1.76%
Expenses
1,960.25
2,049.48
-4.35%
2,600.00
2,051.75
26.72%
1,742.11
1,695.05
2.78%
2,362.21
1,576.44
49.84%
EBITDA
9,536.47
9,146.74
4.26%
9,065.61
10,223.60
-11.33%
10,652.98
9,537.98
11.69%
9,113.74
9,701.32
-6.06%
EBIDTM
82.95%
81.69%
77.71%
83.29%
85.95%
84.91%
79.42%
86.02%
Other Income
200.00
248.20
-19.42%
305.08
315.45
-3.29%
203.99
510.03
-60.00%
194.29
568.17
-65.80%
Interest
2,022.94
1,934.28
4.58%
2,174.73
2,302.66
-5.56%
2,190.50
1,917.41
14.24%
2,148.07
2,441.09
-12.00%
Depreciation
3,128.47
3,130.47
-0.06%
3,294.63
3,195.51
3.10%
3,381.46
3,216.19
5.14%
3,223.12
3,292.06
-2.09%
PBT
4,585.06
4,330.19
5.89%
3,901.33
5,040.88
-22.61%
5,285.01
4,914.41
7.54%
3,936.84
4,536.34
-13.22%
Tax
882.74
867.99
1.70%
-4,391.11
918.82
-
1,312.45
1,090.16
20.39%
829.36
884.48
-6.23%
PAT
3,702.32
3,462.20
6.94%
8,292.44
4,122.06
101.17%
3,972.56
3,824.25
3.88%
3,107.48
3,651.86
-14.91%
PATM
32.20%
30.92%
71.08%
33.58%
32.05%
34.04%
27.08%
32.38%
EPS
3.87
3.90
-0.77%
4.89
4.45
9.89%
4.50
4.15
8.43%
3.83
4.08
-6.13%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
47,033.37
46,732.87
45,792.32
45,843.10
45,603.11
41,621.64
39,639.79
37,743.54
35,059.12
29,953.62
25,697.44
Net Sales Growth
2.29%
2.05%
-0.11%
0.53%
9.57%
5.00%
5.02%
7.66%
17.04%
16.56%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
47,033.37
46,732.87
45,792.32
45,843.10
45,603.11
41,621.64
39,639.79
37,743.54
35,059.12
29,953.62
25,697.44
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
8,664.57
8,754.36
6,729.20
5,940.92
6,103.51
5,050.38
4,646.80
4,804.06
4,841.69
3,836.79
3,145.09
Power & Fuel Cost
-
356.09
340.52
327.46
312.94
298.71
266.90
287.09
267.20
246.81
223.71
% Of Sales
-
0.76%
0.74%
0.71%
0.69%
0.72%
0.67%
0.76%
0.76%
0.82%
0.87%
Employee Cost
-
2,668.90
2,604.40
2,434.44
2,508.53
2,243.89
2,114.76
1,959.75
1,783.57
1,599.09
1,373.52
% Of Sales
-
5.71%
5.69%
5.31%
5.50%
5.39%
5.33%
5.19%
5.09%
5.34%
5.34%
Manufacturing Exp.
-
2,430.97
1,731.72
1,388.63
1,206.52
1,179.46
1,037.27
988.80
1,027.76
786.60
726.72
% Of Sales
-
5.20%
3.78%
3.03%
2.65%
2.83%
2.62%
2.62%
2.93%
2.63%
2.83%
General & Admin Exp.
-
1,270.68
1,177.44
1,063.98
963.64
838.33
756.45
794.29
718.67
662.92
498.34
% Of Sales
-
2.72%
2.57%
2.32%
2.11%
2.01%
1.91%
2.10%
2.05%
2.21%
1.94%
Selling & Distn. Exp.
-
68.88
53.86
15.09
18.77
10.88
7.84
18.87
14.97
14.13
14.65
% Of Sales
-
0.15%
0.12%
0.03%
0.04%
0.03%
0.02%
0.05%
0.04%
0.05%
0.06%
Miscellaneous Exp.
-
1,958.84
821.26
711.32
1,093.11
479.11
463.58
755.26
1,029.52
527.24
14.65
% Of Sales
-
4.19%
1.79%
1.55%
2.40%
1.15%
1.17%
2.00%
2.94%
1.76%
1.20%
EBITDA
38,368.80
37,978.51
39,063.12
39,902.18
39,499.60
36,571.26
34,992.99
32,939.48
30,217.43
26,116.83
22,552.35
EBITDA Margin
81.58%
81.27%
85.30%
87.04%
86.62%
87.87%
88.28%
87.27%
86.19%
87.19%
87.76%
Other Income
903.36
952.12
1,669.31
1,070.73
1,002.89
1,077.20
1,406.96
928.18
717.31
476.92
734.93
Interest
8,536.24
8,447.58
8,700.13
8,772.75
9,633.94
8,036.22
8,357.79
9,509.00
8,848.57
7,324.14
6,249.78
Depreciation
13,027.68
13,029.68
12,904.15
13,095.27
13,333.38
12,871.66
12,039.19
11,607.04
10,540.95
9,230.99
7,722.25
PBT
17,708.24
17,453.37
19,128.15
19,104.89
17,535.17
16,740.58
16,002.97
12,751.62
11,545.22
10,038.62
9,315.25
Tax
-1,366.56
-1,381.31
3,772.76
2,940.79
2,281.88
2,785.57
3,464.25
3,530.75
-886.35
5,266.75
2,006.27
Tax Rate
-7.72%
-9.41%
19.44%
15.87%
12.83%
14.26%
22.66%
24.46%
-9.83%
39.53%
21.54%
PAT
19,074.80
15,927.95
15,521.44
15,573.16
15,419.74
16,824.07
12,036.46
11,059.40
10,033.52
8,204.00
7,450.73
PAT before Minority Interest
19,074.80
15,927.95
15,521.44
15,573.16
15,419.74
16,824.07
12,036.46
11,059.40
10,033.52
8,204.00
7,450.73
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
40.56%
34.08%
33.90%
33.97%
33.81%
40.42%
30.36%
29.30%
28.62%
27.39%
28.99%
PAT Growth
26.66%
2.62%
-0.33%
0.99%
-8.35%
39.78%
8.83%
10.22%
22.30%
10.11%
 
EPS
20.51
17.13
16.69
16.74
16.58
18.09
12.94
11.89
10.79
8.82
8.01

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
1,00,494.03
92,662.81
87,145.11
83,026.29
76,247.13
69,936.07
64,695.35
59,088.39
54,425.99
49,865.50
Share Capital
9,300.60
9,300.60
9,300.60
6,975.45
6,975.45
5,231.59
5,231.59
5,231.59
5,231.59
5,231.59
Total Reserves
91,193.43
83,362.21
77,844.51
76,050.84
69,271.68
64,704.48
59,463.76
53,856.80
49,194.40
44,633.91
Non-Current Liabilities
1,40,380.48
1,33,110.62
1,28,331.46
1,39,126.97
1,39,381.53
1,55,199.82
1,61,876.29
1,55,654.27
1,42,784.21
1,24,939.62
Secured Loans
44,405.54
56,323.58
64,315.50
74,826.05
81,919.46
90,853.21
1,02,889.71
1,05,513.31
1,07,255.71
1,04,477.54
Unsecured Loans
76,666.26
53,534.37
40,751.45
39,065.24
32,279.94
38,321.58
32,531.40
25,816.20
15,454.61
6,775.63
Long Term Provisions
799.78
726.56
643.66
577.87
517.14
462.02
424.71
368.15
716.87
5,218.30
Current Liabilities
57,023.37
46,657.62
41,619.47
41,270.56
47,648.50
39,005.13
38,841.35
40,297.63
34,793.64
30,973.33
Trade Payables
955.81
620.44
371.36
327.79
267.10
187.84
226.54
365.13
240.44
413.98
Other Current Liabilities
42,417.07
33,118.17
31,448.41
26,045.52
28,571.10
26,967.78
26,090.08
27,248.66
25,398.55
22,399.02
Short Term Borrowings
7,000.00
5,709.36
2,693.52
2,622.61
5,300.00
1,800.00
3,000.00
4,300.00
1,000.00
1,500.00
Short Term Provisions
6,650.49
7,209.65
7,106.18
12,274.64
13,510.30
10,049.51
9,524.73
8,383.84
8,154.65
6,660.33
Total Liabilities
2,97,897.88
2,72,431.05
2,57,096.04
2,63,423.82
2,63,277.16
2,64,141.02
2,65,412.99
2,55,040.29
2,32,003.84
2,05,778.45
Net Block
1,76,530.51
1,72,320.17
1,77,760.55
1,85,436.99
1,91,772.84
1,83,725.94
1,81,112.10
1,72,739.59
1,56,198.24
1,37,677.83
Gross Block
3,01,590.96
2,83,822.15
2,75,991.03
2,70,107.49
2,62,726.27
2,41,498.22
2,27,543.18
2,07,214.57
1,79,889.67
1,51,961.53
Accumulated Depreciation
1,25,060.45
1,11,501.98
98,230.48
84,670.50
70,953.43
57,772.28
46,431.08
34,474.98
23,691.43
14,283.70
Non Current Assets
2,61,058.59
2,36,519.29
2,24,154.25
2,26,295.41
2,28,322.59
2,30,303.36
2,38,541.29
2,29,695.70
2,13,149.05
1,89,098.89
Capital Work in Progress
43,746.76
33,585.07
18,197.49
13,772.32
12,853.60
24,837.79
35,177.41
37,631.06
37,668.57
38,264.34
Non Current Investment
2,743.87
3,116.65
3,554.91
3,489.11
3,787.64
1,485.55
1,431.08
1,296.42
1,223.97
1,162.46
Long Term Loans & Adv.
5,856.23
3,986.31
2,828.45
2,943.57
1,078.93
843.22
1,288.30
1,976.41
3,020.51
8,039.47
Other Non Current Assets
32,181.22
23,511.09
21,812.85
20,653.42
18,829.58
19,410.83
19,532.37
16,052.19
15,037.73
3,954.76
Current Assets
36,485.19
35,911.76
32,941.79
37,128.41
34,709.57
27,995.12
26,871.70
25,344.59
18,854.79
16,679.56
Current Investments
251.22
0.00
869.12
260.86
15.86
0.00
0.00
0.00
0.00
2.50
Inventories
2,126.35
1,802.52
1,406.29
1,339.95
1,357.17
1,397.93
1,433.46
1,247.25
1,049.35
906.95
Sundry Debtors
11,672.59
7,964.75
11,539.63
14,883.96
9,189.33
8,933.90
5,040.71
4,728.10
3,640.02
3,131.93
Cash & Bank
8,920.41
10,077.24
7,495.12
7,384.58
5,048.18
5,539.22
5,453.90
4,336.65
2,189.02
3,353.63
Other Current Assets
13,514.62
1,094.03
1,226.94
1,018.52
19,099.03
12,124.07
14,943.63
15,032.59
11,976.40
9,284.55
Short Term Loans & Adv.
11,844.67
14,973.22
10,404.69
12,240.54
18,107.52
11,159.56
14,371.78
14,310.51
11,167.91
8,535.97
Net Current Assets
-20,538.18
-10,745.86
-8,677.68
-4,142.15
-12,938.93
-11,010.01
-11,969.65
-14,953.04
-15,938.85
-14,293.77
Total Assets
2,97,543.78
2,72,431.05
2,57,096.04
2,63,423.82
2,63,032.16
2,58,298.48
2,65,412.99
2,55,040.29
2,32,003.84
2,05,778.45

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
40,935.36
36,221.82
37,289.50
40,202.87
26,123.52
29,402.68
30,738.63
23,271.16
22,710.12
21,575.27
PBT
13,959.26
19,352.68
18,392.98
17,754.25
19,497.49
15,575.31
14,946.54
8,453.09
13,514.98
9,457.00
Adjustment
24,407.90
19,338.33
21,224.09
22,753.02
16,696.33
18,343.60
17,926.77
22,541.37
13,072.34
13,671.10
Changes in Working Capital
5,734.30
709.46
1,053.16
2,548.64
-6,350.92
-2,329.73
434.03
-5,442.55
-1,618.14
318.58
Cash after chg. in Working capital
44,101.46
39,400.47
40,670.23
43,055.91
29,842.90
31,589.18
33,307.34
25,551.91
24,969.18
23,446.68
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-3,166.10
-3,178.65
-3,380.73
-2,853.04
-3,719.38
-2,186.50
-2,568.71
-2,280.75
-2,259.06
-1,871.41
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-35,310.24
-23,531.80
-13,114.39
-7,138.25
752.79
-9,063.48
-10,733.49
-18,727.45
-25,701.45
-23,835.97
Net Fixed Assets
-7,373.81
-6,381.25
-4,954.52
-6,193.32
-5,073.84
-6,665.38
-14,219.70
-23,963.40
-21,793.06
-20,482.34
Net Investments
-5,079.88
-1,711.55
-1,924.94
-431.42
-2,026.85
-1,453.88
-1,007.13
-1,148.29
-278.19
-488.97
Others
-22,856.55
-15,439.00
-6,234.93
-513.51
7,853.48
-944.22
4,493.34
6,384.24
-3,630.20
-2,864.66
Cash from Financing Activity
-4,006.26
-12,357.18
-25,903.33
-30,449.56
-28,966.94
-20,521.05
-18,805.84
-2,430.78
1,284.68
3,958.56
Net Cash Inflow / Outflow
1,618.86
332.84
-1,728.22
2,615.06
-2,090.63
-181.85
1,199.30
2,112.93
-1,706.65
1,697.86
Opening Cash & Equivalents
3,796.79
3,463.95
5,192.17
2,577.11
4,667.74
4,849.59
3,650.29
1,534.80
3,241.45
1,543.59
Closing Cash & Equivalent
5,280.62
3,796.79
3,463.95
5,192.17
2,577.11
4,487.23
4,849.59
3,647.73
1,534.80
3,241.45

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
108.05
99.63
93.70
89.27
81.98
78.97
70.62
90.37
77.10
89.32
ROA
5.56%
5.86%
5.98%
5.86%
6.38%
4.46%
4.19%
4.07%
3.68%
3.72%
ROE
16.49%
17.26%
18.30%
19.36%
23.02%
22.66%
22.59%
22.61%
18.51%
16.84%
ROCE
9.74%
12.89%
12.93%
12.94%
13.04%
11.95%
12.24%
9.78%
12.23%
9.90%
Fixed Asset Turnover
0.16
0.16
0.17
0.17
0.17
0.17
0.17
0.18
0.18
0.19
Receivable days
76.69
77.73
105.19
96.34
79.47
62.94
47.23
43.56
41.26
41.70
Inventory Days
15.34
12.79
10.93
10.79
12.08
12.89
12.96
11.95
11.92
11.47
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
7.21
8.02
9.96
13.04
Cash Conversion Cycle
92.03
90.52
116.12
107.13
91.55
75.83
52.99
47.49
43.22
40.12
Total Debt/Equity
1.47
1.41
1.42
1.55
1.77
2.60
3.01
3.10
3.26
2.55
Interest Cover
2.72
3.22
3.11
2.84
3.44
2.83
2.52
2.02
2.82
2.49

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Power Grid emerges as successful bidder for Rs 430.67 crore transmission project
    28th Sep 2026, 09:30 AM

    The project comprises establishment of new 765/400/220 kV Alephata Sub-station in the state of Maharashtra

    Read More
  • Power Grid Corporation acquires Barmer HVDC Power Transmission
    24th Sep 2026, 09:14 AM

    Barmer HVDC Power Transmission is engaged in the business as that of Powergrid i.e. transmission of power

    Read More
  • Power Grid Corporation emerges as successful bidder for Gujarat transmission project
    4th Sep 2026, 09:30 AM

    The Letter of Intent has been received by Power Grid Corporation of India on September 3, 2026

    Read More
  • Power Grid Corporation emerges as successful bidder for Rajasthan transmission project
    3rd Sep 2026, 09:30 AM

    The Letter of Intent has been received by the company on September 02, 2026

    Read More
  • Power Grid Corporation acquires Fatehgarh II Transmission
    29th Aug 2026, 15:13 PM

    The project comprises installation & commissioning of 2 number of Synchronous Condensers (SynCon) at Fatehgarh-II PS along with associated bays

    Read More
  • Power Grid Corporation declared as successful bidder to establish transmission system
    22nd Aug 2026, 10:49 AM

    The Letter of Intent has been received by POWERGRID on August 21, 2026

    Read More
  • Power Grid reports marginal fall in Q1 consolidated net profit
    6th Aug 2026, 12:10 PM

    The total consolidated income of the company has increased by 2.20% at Rs 11,696.72 crore for Q1FY27

    Read More
  • Power Grid Corporation acquires Krishnagiri REZ Transmission
    4th Aug 2026, 09:27 AM

    Krishnagiri REZ Transmission has been acquired by POWERGRID pursuant to POWERGRID emerging as the successful bidder under Tariff Based Competitive Bidding

    Read More
  • Power Grid Corporation declared as successful bidder to establish transmission system
    18th Jul 2026, 14:15 PM

    The project comprises installation & commissioning of 2 number of Synchronous Condensers (SynCon) at Fatehgarh-II PS along with associated bays

    Read More
  • Power Grid declared as successful bidder for Krishnagiri REZ Phase-I transmission project
    11th Jul 2026, 14:42 PM

    The project comprises establishment of 2 new 765/400kV Sub-stations in the state of Andhra Pradesh

    Read More
  • Power Grid declared as successful bidder to establish Inter-State Transmission System
    10th Jul 2026, 10:50 AM

    The project comprises augmentation and bay extension works at Bhadla-III S/S, Ramgarh S/S and Kanpur S/S

    Read More
  • Power Grid Corporation acquires Kakinada I Transmission
    30th Jun 2026, 09:58 AM

    Kakinada I Transmission has been acquired by POWERGRID pursuant to POWERGRID emerging as the successful bidder under Tariff Based Competitive Bidding

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.