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Power Grid Corporation of India Limited (POWERGRID.NS)

INR286.15 +0.15 (+0.05%)
IN NSE Utilities Regulated Electric
Address Saudamini, Plot No. 2 122001
Gurugram, IN
CEO Rajiv Kumar
IPO 2007-10-05
ISIN INE752E01010

Explore sections of this company profile

Also trades on Bombay Stock Exchange · POWERGRID.BO (INR) National Stock Exchange of India · POWERGRID.NS (INR)
Description

Power Grid Corporation of India Limited functions as a leading electric power transmission utility, primarily responsible for the conveyance of electricity across India. Its business is structured into three main divisions: Transmission Services, Telecom Services, and Consultancy Services. By March 31, 2022, the company managed a vast infrastructure, including 172,437 circuit kilometers of transmission lines and 265 substations, which collectively provided a significant transformation capacity of 474,457 megavolt amperes. Beyond its core transmission activities, Power Grid delivers comprehensive advisory services. These encompass power system design, techno-economic viability assessments, environmental and social impact evaluations, detailed engineering, procurement support, project management, construction supervision, and asset management. Its consultancy arm also offers specialized assistance like owner and lender engineering, development of grid codes and tariff frameworks, legal and technical guidance, market analysis, and support for renewable energy certificate mechanisms. These services are provided to a wide range of clients, including private enterprises, public utilities, governmental bodies, and international financial institutions, spanning countries such as Afghanistan, Bangladesh, Kenya, Ethiopia, the United Arab Emirates, Nepal, Bhutan, Myanmar, Kyrgyzstan, Tajikistan, and Pakistan. Furthermore, under its POWERTEL brand, the company operates an overhead optical fiber network for telecommunications, integrating optical ground wire technology onto its power transmission lines. It also maintains electric vehicle charging stations. Established in 1989, the company was originally named National Power Transmission Corporation Limited before adopting its current identity, Power Grid Corporation of India Limited, in October 1992. Its main offices are situated in Gurugram, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR286.15 +0.15 (+0.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
12M
Beta
0.17
Float Shares
4.29B
Free Float %
46.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.24% -2.69% -3.96% +1.58% +11.68% +15.46% +0.48% +70.58% +137.78% +274.80% +439.85%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
286.15
DCF (Unlevered) 448.12 +56.6%
DCF (Levered) 312.51 +9.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 54% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 10 +1
Hold 8 0
Sell 1 0
Strong Sell 2 0
Quality scores
Altman Z-Score
1.24
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Electric: +9.0%
    +2.1% Q1'26: -5.0% (vs Q1'25)
  • EPS growth Regulated Electric: +12.7%
    +2.6% Q1'26: +9.6% (vs Q1'25)
  • FCF margin FCF growth · Regulated Electric: +35.5%
    +50.5% Q1'26: +5.6% (vs Q1'25)
  • EBIT margin Regulated Electric: +19.9%
    +53.4% Q1'26: +49.5% (vs Q1'25)
  • ROIC Regulated Electric: +4.4%
    +10.4% Q1'26: +9.6% (vs Q1'25)
  • Share dilution Regulated Electric: +0.0%
    0.0% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    3.90× Q1'26: 4.08× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.24) × ERP
WACC = 66% × Ke + 34% × Kd (5.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 448.12 Current price: 286.15
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
12 Rev. Ana.
10 EPS Ana.
Mar 2027
11 Rev. Ana.
10 EPS Ana.
Mar 2028
10 Rev. Ana.
9 EPS Ana.
Mar 2029
5 Rev. Ana.
3 EPS Ana.
Revenue
71.27B
est: 75.51B (-5.6%)
86.12B
est: 88.99B (-3.2%)
103.12B
est: 100.59B (+2.5%)
131.64B
est: 129.60B (+1.6%)
156.75B
est: 154.56B (+1.4%)
176.59B
est: 175.15B (+0.8%)
206.52B
est: 211.38B (-2.3%)
256.97B
est: 258.79B (-0.7%)
299.54B
est: 298.14B (+0.5%)
350.59B
est: 339.11B (+3.4%)
377.44B
est: 376.90B (+0.1%)
396.40B
est: 392.13B (+1.1%)
416.22B
est: 405.82B (+2.6%)
456.03B
est: 439.47B (+3.8%)
458.43B
est: 458.01B (+0.1%)
457.92B
est: 457.03B (+0.2%)
480.36B
466.51B – 531.10B
+5.1% YoY
511.13B
486.87B – 562.15B
+6.4% YoY
554.25B
520.96B – 590.78B
+8.4% YoY
468.64B
443.33B – 507.15B
-15.4% YoY
EBITDA
58.72B
est: 9.89B (+493.5%)
76.86B
est: 36.74B (+109.2%)
99.79B
est: 46.38B (+115.1%)
114.32B
est: 63.03B (+81.4%)
134.17B
est: 68.76B (+95.1%)
153.21B
est: 62.08B (+146.8%)
184.82B
est: 71.07B (+160.1%)
228.06B
est: 85.05B (+168.1%)
264.55B
est: 111.90B (+136.4%)
307.05B
est: 117.65B (+161.0%)
336.20B
est: 143.02B (+135.1%)
358.17B
est: 156.87B (+128.3%)
369.73B
est: 170.23B (+117.2%)
401.77B
est: 172.59B (+132.8%)
402.17B
est: 396.09B (+1.5%)
396.00B
est: 284.96B (+39.0%)
415.42B
403.45B – 459.30B
+45.8% YoY
442.03B
421.05B – 486.15B
+6.4% YoY
479.32B
450.53B – 510.91B
+8.4% YoY
405.29B
383.40B – 438.59B
-15.4% YoY
EBIT
38.91B
est: 58.11B (-33.0%)
54.10B
est: 47.36B (+14.2%)
78.79B
est: 56.63B (+39.1%)
79.75B
est: 76.38B (+4.4%)
93.23B
est: 91.25B (+2.2%)
101.47B
est: 105.12B (-3.5%)
123.00B
est: 120.68B (+1.9%)
150.83B
est: 147.87B (+2.0%)
172.24B
est: 174.43B (-1.3%)
201.64B
est: 189.28B (+6.5%)
220.30B
est: 225.50B (-2.3%)
237.99B
est: 224.12B (+6.2%)
241.24B
est: 243.20B (-0.8%)
268.65B
est: 246.57B (+9.0%)
271.46B
est: 263.68B (+3.0%)
267.33B
est: 276.40B (-3.3%)
276.54B
268.57B – 305.75B
+0.1% YoY
294.26B
280.29B – 323.63B
+6.4% YoY
319.08B
299.92B – 340.11B
+8.4% YoY
269.80B
255.23B – 291.97B
-15.4% YoY
Net Income
20.41B
est: 22.42B (-9.0%)
26.72B
est: 24.85B (+7.5%)
33.03B
est: 30.59B (+8.0%)
43.13B
est: 42.56B (+1.3%)
45.48B
est: 51.43B (-11.6%)
50.46B
est: 51.99B (-2.9%)
59.59B
est: 61.21B (-2.7%)
74.51B
est: 72.53B (+2.7%)
82.04B
est: 86.14B (-4.8%)
100.34B
est: 54.36B (+84.6%)
110.59B
est: 141.60B (-21.9%)
120.36B
est: 97.02B (+24.1%)
168.24B
est: 105.28B (+59.8%)
154.20B
est: 152.13B (+1.4%)
155.73B
est: 157.00B (-0.8%)
155.21B
est: 154.28B (+0.6%)
159.28B
153.21B – 169.14B
+3.2% YoY
169.66B
164.85B – 186.89B
+6.5% YoY
182.29B
178.20B – 207.27B
+7.4% YoY
206.42B
191.93B – 228.47B
+13.2% YoY
SGA
5.07B
est: 11.15B (-54.5%)
6.01B
est: 11.91B (-49.5%)
4.54B
est: 12.52B (-63.7%)
15.00B
est: 20.82B (-28.0%)
16.98B
est: 20.56B (-17.4%)
12.12B
est: 18.45B (-34.3%)
10.88B
est: 20.71B (-47.4%)
14.91B
est: 19.67B (-24.2%)
17.43B
est: 24.86B (-29.9%)
19.41B
est: 28.16B (-31.1%)
21.24B
est: 36.22B (-41.4%)
22.63B
est: 33.18B (-31.8%)
24.16B
est: 36.00B (-32.9%)
27.03B
est: 36.50B (-25.9%)
26.35B
est: 21.72B (+21.3%)
28.54B
est: 22.00B (+29.7%)
22.78B
22.13B – 25.19B
+3.5% YoY
24.24B
23.09B – 26.66B
+6.4% YoY
26.29B
24.71B – 28.02B
+8.4% YoY
22.23B
21.03B – 24.05B
-15.4% YoY
EPS
3.64
est: 5.01 (-27.3%)
4.60
est: 5.80 (-20.7%)
5.36
est: 6.66 (-19.5%)
5.24
est: 8.87 (-40.9%)
5.32
est: 8.91 (-40.3%)
5.43
est: 5.52 (-1.6%)
6.41
est: 6.70 (-4.3%)
8.01
est: 8.26 (-3.0%)
8.82
est: 9.40 (-6.1%)
10.79
est: 10.23 (+5.5%)
11.89
est: 11.33 (+4.9%)
12.94
est: 12.53 (+3.3%)
18.09
est: 14.61 (+23.8%)
16.58
est: 15.70 (+5.6%)
16.74
est: 16.87 (-0.8%)
16.69
est: 16.76 (-0.4%)
16.94
16.48 – 18.19
+1.1% YoY
18.43
17.73 – 20.10
+8.8% YoY
20.21
19.16 – 22.29
+9.7% YoY
22.20
20.64 – 24.57
+9.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-15 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
54.77B
OE per share TTM
5.89
Owner's Yield
1.93%
Maintenance CapEx ratio
35.16%
Maint CapEx / Avg PPE
490.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
30.00M
Shares Outstanding
9.30B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Yatindra Dwivedi Director of Personnel & Director 10M
Naveen Srivastava Director of Operations & Director 9M male
Ravisankar Ganesan Chief Financial Officer, Director of Finance & Director 9M male
Vamsi Rama Mohan Burra Director of Projects, Chairman & MD 8M male
Ravindra Kumar Tyagi Chairman & MD 8M male
Agarwal Chief Operating Officer of Telecom
Yugesh Kumar Dixit Chief Operating Officer of International Business, BDD & PI
Dharmendra Kumar Madan Chief Vigilance Officer male
Nath Executive Director and CISO of ERP & IT, Information Security
Rajiv Kumar Chief Executive Officer of POWERGRID Himachal Transmission Limited
Satyaprakash Dash Company Secretary & Compliance Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits