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Utilities · Power - Transmission

Power Grid Corporation of India Ltd (POWERGRID)

₹266.45

Mkt cap
₹2.47L Cr
P/E ratio
15.60
P/B
2.47
Div yield
3.38%
ROE
15.30%
ROCE
9.10%
EPS (TTM)
₹17.08
Book value
₹108
52W range
251–321
Sector
Utilities

Price history

Previous close

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.

NSE POWERGRIDBSE 532898
Health check
Cautious
ValuationCheap
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−16.97% from high
₹266
₹251+6.01% from low₹321
Current
₹266.45
Prev close
₹266.00
Day
+0.17%
Price performance
1D
+0.17%
1W
+1.10%
1M
−1.90%
3M
−6.74%
6M
−8.73%
1Y
−4.79%
YTD
−1.66%

Financials

Revenue, profit & margin
P/E ratio
15.6×
POWERGRID is 39% below the sector median of 25.5×
POWERGRID15.6×
Sector median25.5×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales11,04811,26711,55011,97811,00611,27811,23312,27511,19611,47612,39511,66611,497
Expenses1,7161,5571,3752,0551,4661,6811,7002,0812,0942,4211,7886,3632,066
Operating Profit9,3329,71010,1759,9239,5409,5979,53310,1949,1029,05510,6075,3039,430
OPM %84%86%88%83%87%85%85%83%81%79%86%45%82%
Other Income209263380389302814552366461712463322202
Interest2,0572,3412,4461,9282,0392,4411,9172,3031,9342,1482,1902,1752,023
Depreciation3,2663,2773,2933,2593,2003,2923,2163,1963,1303,2233,3813,2953,128
Profit before tax4,2184,3554,8165,1254,6034,6784,9525,0624,4994,3955,4971554,481
Tax %15%13%16%19%19%19%22%18%19%19%24%-2,829%20%
Net Profit3,5973,7814,0284,1663,7243,7933,8624,1433,6313,5664,1854,5463,598
EPS in Rs3.874.074.334.484.004.084.154.453.903.834.504.893.87
Raw PDF

Earnings

Results dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.03% · closed higher next day 26 of last 59
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27
Broadcast8 Nov '238 Feb '2423 May '24◦26 Jul '24◦7 Nov '244 Feb '25◦20 May '2530 Jul '253 Nov '25◦30 Jan '26◦15 May '26◦5 Aug '26◦
Earnings day−0.48%+3.08%−0.34%−0.54%−1.74%−0.16%−2.02%−1.42%−3.11%+5.42%−3.04%−3.90%
+1 day+0.87%+1.88%−0.61%+1.63%−0.71%−1.58%−2.60%−0.72%−6.18%+10.41%−2.37%−3.60%
+5 days−0.38%+5.11%−3.09%−0.41%−2.01%−10.01%−3.12%−2.83%−7.26%+12.96%−3.43%−5.38%
+15 days+1.06%+5.56%+0.50%−1.07%+2.94%−10.29%−0.99%−3.10%−4.50%+18.27%−6.59%−5.98%
+30 days+11.42%+2.91%+6.10%−2.92%−1.00%−0.89%−2.14%−1.86%−9.34%+16.37%−5.98%—
FilingXBRLXBRLXBRLXBRLXBRLXBRLPDFXBRLXBRLXBRLXBRLXBRL

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Results analysis

Shareholding

as of Jun 2026
51.34%Promoter
Promoters51.34%
FIIs24.33%0.69
DIIs20.62%0.57
Public3.63%0.12
Government0.08%
Ownership trend

Peers

4 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
POWERGRID₹266.0015.562,47,3963.38%3,598−0.89%11,497+2.68%9.10%
INDIGRID₹175.4935.3419,9723.20%246+236.04%1,087+29.39%7.99%
PGINVIT₹101.1710.169,2062.97%185−2.96%311−0.61%11.65%
ANZEN₹129.0099.453,29912.30%54+354.35%288+160.84%3.28%
Median: 4 Co.₹152.2525.4514,5893.29%216+117.58%699+16.04%8.54%

Filings

Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts51
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024
Credit ratings6
Rating update 25 AugcrisilRating update 24 JuncrisilRating update 8 MaycrisilRating update 23 AprcareRating update 22 ApricraRating update 22 Aprcrisil
Announcements5
POWERGRID Declared As Successful Bidder Under TBCB 3 Sep - POWERGRID wins TBCB project in Gujarat; LoI received, annual transmission charges Rs. 1,152.49 crore.POWERGRID Declared As Successful Bidder Under TBCB 2 Sep - POWERGRID wins TBCB bid for Rajasthan REZ transmission project; LoI received, annual charges Rs. 3,244.33 crore.Announcement under Regulation 30 (LODR)-Change in Management 31 Aug - Shri Vibhay Kumar ceases as Executive Director on 31 August 2026 upon superannuation.Announcement under Regulation 30 (LODR)-Acquisition 28 Aug - POWERGRID acquired Fatehgarh II Transmission Limited on 28.08.2026 for about Rs. 19.11 crore.Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 26 Aug - BSE and NSE each fined POWERGRID Rs. 11,36,340 for June 2026 board and committee non-compliance.