Current Price
₹ 293
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
₹ 2,72,230 Cr.
Current Price
₹ 293
High / Low
₹ 322 / 250
Stock P/E
17.5
Book Value
₹ 106
Dividend Yield
3.07 %
ROCE
12.8 %
ROE
17.0 %
Face Value
₹ 10.0

Analysis

Pros

  • Company has been maintaining a healthy dividend payout of 62.6%
  • Debtor days have improved from 91.5 to 63.5 days.

Cons

  • Stock is trading at 2.75 times its book value
  • The company has delivered a poor sales growth of 3.94% over past five years.
  • Company might be capitalizing the interest cost

Quarterly Results

MetricsDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales11262122641104811267115501197811006112781123312275111961147612395
Expenses1368143317161557137520551466168117002081209424211788
Operating Profit98931083193329710101759923954095979533101949102905510607
OPM %88888486888387858583817986
Other Income500294209263380389302814552366461712463
Interest3012247520572341244619282039244119172303193421482190
Depreciation3407331432663277329332593200329232163196313032233381
Profit before tax3975533542184355481651254603467849525062449943955497
Tax %8191513161919192218191924
Net Profit3645432335973781402841663724379338624143363135664185
EPS in Rs3.924.653.874.074.334.4844.084.154.453.93.834.5

Profit & Loss

MetricsMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales15555175402065225697299543505937744396404162245603458434579247343
Expenses2588261324683247399381404858473457966028659969558384
Operating Profit12967149271818422450259612692032886349063582639576392443883738958
OPM %83858887877787888687868582
Other Income72573165693340651505282076946921093113820612001
Interest3254408150866204732487379509813580369634877387008576
Depreciation407951736182772292311054111607120391287213333130951290412931
Profit before tax635964047572945713471914714590155011961017702185141929419453
Tax %2821212139-10242214131620-
Net Profit454850465959745182041003411059120361682415420155731552115524
EPS in Rs4.895.436.418.018.8210.7911.8912.9418.0916.5816.7416.6916.68
Dividend Payout %302120313343475261676754-