Power Grid Corporation of India Ltd
POWERGRIDPower Grid Corporation of India Ltd
POWERGRID
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 19.79 | 3.56 | 3.37% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 24.55 | 3.80 | 1.21% |
Forecast & Ratings
Detailed Forecast from 18 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Power Grid Corporation of India Limited is a transmission company engaged in the power transmission business with responsibility for planning, implementation, operation and maintenance of Inter-State Transmission System.
Peers
Compare with peersTata Power Company Ltd
Torrent Power Ltd
Powergrid Infrastructure Investment Trust
India Grid Trust
Jyoti Structures Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 21,315.05 | 26,634.13 | 34,029.25 | 36,591.15 | 40,938.74 | 41,502.40 | 46,341.99 | 46,889.75 | 47,000.73 | 47,136.33 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 6,453.06 | ||||||||||
| Power & Fuel Cost | 161.29 | 228.02 | 244.12 | 266.13 | 287.04 | 268.70 | 297.82 | 311.28 | 327.29 | |||||||||||
| Employee Cost | 1,503.19 | 1,911.60 | 2,150.29 | 2,300.54 | 2,448.57 | 2,598.44 | 2,637.05 | 2,767.47 | 2,697.00 | |||||||||||
| Selling & Administrative Expenses | 719.17 | 655.18 | 935.80 | 965.85 | 1,046.63 | 908.94 | 1,040.36 | 1,251.82 | 1,401.81 | |||||||||||
| Operating & Other expenses | 91.81 | 456.53 | 673.16 | 4,633.94 | 1,450.31 | 2,051.73 | 1,849.24 | 1,890.24 | 2,192.66 | |||||||||||
EBITDA | 18,839.59 | 23,382.80 | 30,025.88 | 28,424.69 | 35,706.19 | 35,674.59 | 40,517.52 | 40,668.94 | 40,381.97 | 40,683.27 | ||||||||||
| Depreciation/Amortization | 6,181.82 | 7,722.25 | 9,230.99 | 10,540.95 | 11,607.04 | 12,039.19 | 12,871.66 | 13,333.38 | 13,095.27 | 13,029.91 | ||||||||||
| PBIT | 12,657.77 | 15,660.55 | 20,794.89 | 17,883.74 | 24,099.15 | 23,635.40 | 27,645.86 | 27,335.56 | 27,286.70 | 27,653.36 | ||||||||||
| Interest & Other Items | 5,086.23 | 6,203.55 | 7,324.14 | 8,736.57 | 9,509.00 | 8,134.69 | 8,036.22 | 9,633.94 | 8,772.75 | 8,754.49 | ||||||||||
| PBT | 7,571.54 | 9,457.00 | 13,470.75 | 9,147.17 | 14,590.15 | 15,500.71 | 19,609.64 | 17,701.62 | 18,513.95 | 18,898.87 | ||||||||||
| Taxes & Other Items | 1,612.93 | 2,006.27 | 5,266.75 | -886.35 | 3,530.75 | 3,464.25 | 2,785.57 | 2,281.88 | 2,940.79 | 3,198.95 | ||||||||||
| Net Income | 5,958.61 | 7,450.73 | 8,204.00 | 10,033.52 | 11,059.40 | 12,036.46 | 16,824.07 | 15,419.74 | 15,573.16 | 15,699.92 | ||||||||||
| EPS | 6.41 | 8.01 | 8.82 | 10.79 | 11.89 | 12.94 | 18.09 | 16.58 | 16.74 | 16.88 | ||||||||||
| DPS | 1.30 | 2.45 | 2.95 | 4.69 | 5.62 | 6.75 | 11.06 | 11.06 | 11.25 | 12.06 | ||||||||||
| Payout ratio | 0.20 | 0.31 | 0.33 | 0.43 | 0.47 | 0.52 | 0.61 | 0.67 | 0.67 | 0.71 |
Company Updates
Investor Presentation
Investor Presentation
Investor Presentation
Annual report
PDFAnnual report
PDFPeers & Comparison
UtilitiesPower Transmission & Distribution
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Power Grid Corporation of India Ltd | 19.95 | 3.56 | 3.37% |
| Tata Power Company Ltd | 36.56 | 3.53 | 0.47% |
| Torrent Power Ltd | 44.53 | 6.48 | 0.94% |
| Powergrid Infrastructure Investment Trust | 12.43 | 1.41 | 2.37% |
Price Comparison
Compare POWERGRID with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.10%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Power Grid Corporation of India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Parag Parikh Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.6778% | Percentage of the fund’s portfolio invested in the stock 6.86% | Change in the portfolio weight of the stock over the last 3 months 0.44% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 3/94 (0) |
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2914% | Percentage of the fund’s portfolio invested in the stock 1.47% | Change in the portfolio weight of the stock over the last 3 months -0.47% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 21/57 (-6) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2316% | Percentage of the fund’s portfolio invested in the stock 1.15% | Change in the portfolio weight of the stock over the last 3 months 0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 19/85 (+3) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Power Grid Corporation of India Ltd
Events
Dividend Trend
No Dividend Cuts
POWERGRID has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 3.37%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹33.68 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 16, 2024
Dividend/Share
₹2.75
Ex DateEx Date
Aug 16, 2024
Cash Dividend
Ex DateEx DateFeb 15, 2024
Dividend/Share
₹4.50
Ex DateEx Date
Feb 15, 2024
Cash Dividend
Ex DateEx DateNov 16, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Nov 16, 2023
Cash Dividend
Ex DateEx DateAug 8, 2023
Dividend/Share
₹4.75
Ex DateEx Date
Aug 8, 2023
Cash Dividend
Ex DateEx DateFeb 8, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Feb 8, 2023
Power Grid Corporation of India Share Price Today Live Updates: Power Grid Corporation of India Sees Slight Price Increase Today, Reports Strong 3-Month Returns of 12.19% - The Economic Times
Power Grid Corporation of India announced that the 25th Annual General Meeting (AGM) of the company will be held on 22 August 2024.Powered by Capital Market - Live
D-St cheers Fed’s dovish tone: Nifty surges past 25K milestone, Sensex sets new record
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Price Updates: Power Grid Stock Price Surges Over 2% from Previous Close of Rs 348.2 - The Economic Times
Power Grid Q1 PAT rises 3% YoY to Rs 3,724 cr
Power Grid Corporation of India consolidated net profit rises 3.52% in the June 2024 quarter
Revenue from operations fell marginally to Rs 11,006.18 crore during the quarter as comapred with Rs 11,048.13 crore posted in corresponding quarter last year. Profit before tax (PBT) increased 2.22% YoY to Rs 4,665.54 crore in Q1 FY25. Total expenses fell marginally 0.68% to Rs 6643.07 crore in Q1 FY25 as comapred with Rs 6688.51 crore in Q1 FY24. Employee expenses stood at Rs 617.36 crore (up 2.8% YoY), finance cost was at Rs 2038.97 crore (up 0.89%YoY) during the period under review. Revenue from transmission business was at Rs 10,727.97 crore in Q1 FY25 from Rs 10,829.67 crore in Q1 FY24. Revenue from consultancy business stood at Rs 184.21 in Q1 FY25, up 45.34% as compared with Rs 126.74 crore in Q1 FY24 while revenue from telecom business jumped 15.86% YoY to Rs 245.84 crore in Q1 FY25. Power Grid Corporation of India has been established by the Government of India (GoI) as the central transmission utility of India. The firm is a Maharatna' company under Ministry of Power, GoI. As of 30 June 2024, the Government of India owned a 51.34% stake in the company.Powered by Capital Market - Live
Net profit of Power Grid Corporation of India rose 3.52% to Rs 3723.92 crore in the quarter ended June 2024 as against Rs 3597.16 crore during the previous quarter ended June 2023. Sales declined 0.38% to Rs 11006.18 crore in the quarter ended June 2024 as against Rs 11048.13 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales11006.1811048.13 0 OPM %86.6884.47 - PBDT7803.617484.05 4 PBT4603.224218.30 9 NP3723.923597.16 4 Powered by Capital Market - Live
PowerGrid Q1 results: Net profit up 3.52% at Rs 3,723.92 cr as income rises
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.13%, vs industry avg of 11.02%
Decreasing Market Share
Over the last 5 years, market share decreased from 42.71% to 32.53%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 9.19%, vs industry avg of 13.42%