ShareMarket
Current Price
₹ 300
Live Data

About Company

Power Grid Corporation of India Limited is a Maharatna CPSU and India’s largest electric power transmission company. GoI holds a 51.34% stake in the company as on March 31, 2021. PGCIL was incorporated in 1989 to set up extra-high voltage alternating current and high-voltage direct current (HVDC) transmission lines. The company moves large blocks of power from the central generating agencies and areas that have surplus power to load centres within and across regions. It is under the administrative control of the Ministry of Power, GoI. PGCIL also executes several strategically important projects, assigned to the company by GoI on nomination basis. Power Grid Corporation of India is principally engaged in planning, implementation, operation and maintenance of Inter-State Transmission System (ISTS), Telecom and consultancy services.

Financial Ratios

Key fundamental data analysis

Market Cap
₹ 2,78,460 Cr.
Current Price
₹ 300
High / Low
₹ 325 / 250
Stock P/E
17.5
Book Value
₹ 108
Dividend Yield
3.00 %
ROCE
9.74 %
ROE
16.5 %
Face Value
₹ 10.0

Analysis

Pros

  • Company has been maintaining a healthy dividend payout of 66.6%

Cons

  • Stock is trading at 2.77 times its book value
  • The company has delivered a poor sales growth of 3.35% over past five years.
  • Tax rate seems low
  • Company might be capitalizing the interest cost

Quarterly Results

MetricsMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales12264110481126711550119781100611278112331227511196114761239511666
Expenses1433171615571375205514661681170020812094242117886363
Operating Profit10831933297101017599239540959795331019491029055106075303
OPM %88848688838785858381798645
Other Income294209263380389302814552366461712463322
Interest2475205723412446192820392441191723031934214821902175
Depreciation3314326632773293325932003292321631963130322333813295
Profit before tax533542184355481651254603467849525062449943955497155
Tax %191513161919192218191924-2
Net Profit4323359737814028416637243793386241433631356641854546
EPS in Rs4.653.874.074.334.4844.084.154.453.93.834.54.89

Profit & Loss

MetricsMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales175402065225697299543505937744396404162245603458434579246733
Expenses2613246832473993814048584734579660286599695511661
Operating Profit149271818422450259612692032886349063582639576392443883735072
OPM %858887877787888687868575
Other Income7316569334065150528207694692109311382061952
Interest408150866204732487379509813580369634877387008448
Depreciation51736182772292311054111607120391287213333130951290413030
Profit before tax64047572945713471914714590155011961017702185141929414547
Tax %21212139-10242214131620-10
Net Profit50465959745182041003411059120361682415420155731552115928
EPS in Rs5.436.418.018.8210.7911.8912.9418.0916.5816.7416.6917.13
Dividend Payout %212031334347526167675479