Power Grid
Power Grid
Power F&OKey Fundamentals
LargecapPower TransmissionPowerTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 57.9%
Weaknesses
3- 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
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11,048 | 11,267 | 11,550 | 11,978 | 11,006 | 11,278 | 11,233 | 12,275 | 11,196 | 11,476 | 12,395 | 11,666 | 11,497 |
| Expenses | 1,716 | 1,557 | 1,375 | 2,055 | 1,466 | 1,681 | 1,700 | 2,081 | 2,094 | 2,421 | 1,788 | 6,363 | 2,066 |
| Operating Profit | 9,332 | 9,710 | 10,175 | 9,923 | 9,540 | 9,597 | 9,533 | 10,194 | 9,102 | 9,055 | 10,607 | 5,303 | 9,430 |
| OPM % | 84% | 86% | 88% | 83% | 87% | 85% | 85% | 83% | 81% | 79% | 86% | 45% | 82% |
| Other Income | 209 | 263 | 380 | 389 | 302 | 814 | 552 | 366 | 461 | 712 | 463 | 322 | 202 |
| Interest | 2,057 | 2,341 | 2,446 | 1,928 | 2,039 | 2,441 | 1,917 | 2,303 | 1,934 | 2,148 | 2,190 | 2,175 | 2,023 |
| Depreciation | 3,266 | 3,277 | 3,293 | 3,259 | 3,200 | 3,292 | 3,216 | 3,196 | 3,130 | 3,223 | 3,381 | 3,295 | 3,128 |
| PBT | 4,218 | 4,355 | 4,816 | 5,125 | 4,603 | 4,678 | 4,952 | 5,062 | 4,499 | 4,395 | 5,497 | 155 | 4,481 |
| Tax % | 15% | 13% | 16% | 19% | 19% | 19% | 22% | 18% | 19% | 19% | 24% | -2829% | 20% |
| Net Profit | 3,597 | 3,781 | 4,028 | 4,166 | 3,724 | 3,793 | 3,862 | 4,143 | 3,631 | 3,566 | 4,185 | 4,546 | 3,598 |
| EPS in Rs | 3.87 | 4.07 | 4.33 | 4.48 | 4 | 4.08 | 4.15 | 4.45 | 3.9 | 3.83 | 4.5 | 4.89 | 3.87 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17,540 | 20,652 | 25,697 | 29,954 | 35,059 | 37,744 | 39,640 | 41,622 | 45,581 | 45,843 | 45,792 | 46,733 | 47,033 |
| Expenses | 2,613 | 2,468 | 3,247 | 3,993 | 8,140 | 4,858 | 4,734 | 5,796 | 7,001 | 6,599 | 7,013 | 13,901 | 12,639 |
| Operating Profit | 14,927 | 18,184 | 22,450 | 25,961 | 26,920 | 32,886 | 34,906 | 35,826 | 38,580 | 39,244 | 38,779 | 32,831 | 34,395 |
| OPM % | 85% | 88% | 87% | 87% | 77% | 87% | 88% | 86% | 85% | 86% | 85% | 70% | 73% |
| Other Income | 731 | 656 | 933 | 4,065 | 1,505 | 2,820 | 769 | 4,692 | 2,089 | 1,138 | 2,120 | 3,193 | 1,698 |
| Interest | 4,081 | 5,086 | 6,204 | 7,324 | 8,737 | 9,509 | 8,135 | 8,036 | 9,634 | 8,773 | 8,700 | 8,448 | 8,536 |
| Depreciation | 5,173 | 6,182 | 7,722 | 9,231 | 10,541 | 11,607 | 12,039 | 12,872 | 13,333 | 13,095 | 12,904 | 13,030 | 13,028 |
| PBT | 6,404 | 7,572 | 9,457 | 13,471 | 9,147 | 14,590 | 15,501 | 19,610 | 17,702 | 18,514 | 19,294 | 14,547 | 14,529 |
| Tax % | 21% | 21% | 21% | 39% | -10% | 24% | 22% | 14% | 13% | 16% | 20% | -10% | — |
| Net Profit | 5,046 | 5,959 | 7,451 | 8,204 | 10,034 | 11,059 | 12,036 | 16,824 | 15,417 | 15,573 | 15,521 | 15,928 | 15,896 |
| EPS in Rs | 5.43 | 6.41 | 8.01 | 8.82 | 10.79 | 11.89 | 12.94 | 18.09 | 16.58 | 16.74 | 16.69 | 17.13 | 17.09 |
| Div. Payout % | 21% | 20% | 31% | 33% | 43% | 47% | 52% | 61% | 67% | 67% | 54% | 53% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5,232 | 5,232 | 5,232 | 5,232 | 5,232 | 5,232 | 5,232 | 6,975 | 6,975 | 9,301 | 9,301 | 9,301 |
| Reserves | 33,207 | 38,738 | 44,634 | 49,194 | 53,857 | 59,464 | 64,704 | 69,272 | 76,039 | 77,845 | 83,362 | 91,193 |
| Borrowings | 96,243 | 1,08,545 | 1,18,988 | 1,31,503 | 1,46,376 | 1,48,270 | 1,43,232 | 1,34,696 | 1,26,661 | 1,23,516 | 1,31,030 | 1,48,071 |
| Other Liabilities | 26,102 | 26,797 | 26,809 | 39,425 | 41,916 | 43,706 | 42,539 | 40,008 | 40,627 | 40,168 | 42,326 | 46,109 |
| Total Liabilities | 1,60,784 | 1,79,312 | 1,95,662 | 2,25,354 | 2,47,380 | 2,56,671 | 2,55,708 | 2,50,950 | 2,50,303 | 2,50,829 | 2,66,019 | 2,94,674 |
| Fixed Assets | 91,191 | 1,15,094 | 1,37,678 | 1,56,198 | 1,72,740 | 1,81,112 | 1,83,726 | 1,91,773 | 1,85,437 | 1,77,761 | 1,72,320 | 1,76,531 |
| CWIP | 53,681 | 45,611 | 38,264 | 37,669 | 37,631 | 35,177 | 24,838 | 12,854 | 13,772 | 18,197 | 33,585 | 43,747 |
| Investments | 220 | 919 | 1,165 | 1,224 | 1,296 | 1,431 | 1,486 | 3,788 | 3,489 | 4,163 | 3,117 | 2,995 |
| Other Assets | 15,693 | 17,688 | 18,555 | 30,264 | 35,713 | 38,951 | 45,659 | 42,536 | 47,604 | 50,708 | 56,998 | 71,401 |
| Total Assets | 1,60,784 | 1,79,312 | 1,95,662 | 2,25,354 | 2,47,380 | 2,56,671 | 2,55,708 | 2,50,950 | 2,50,303 | 2,50,829 | 2,66,019 | 2,94,674 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 15,800 | 15,008 | 21,575 | 22,710 | 23,271 | 30,739 | 29,403 | 26,124 | 38,005 | 37,290 | 36,222 | 40,935 |
| Investing | -24,185 | -21,576 | -23,836 | -25,701 | -18,727 | -10,733 | -9,244 | 753 | -6,126 | -13,114 | -23,532 | -35,445 |
| Financing | 6,399 | 5,621 | 3,959 | 1,285 | -2,431 | -18,806 | -20,521 | -28,967 | -29,264 | -25,903 | -12,357 | -4,006 |
| Net Cash Flow | -1,986 | -948 | 1,698 | -1,707 | 2,113 | 1,199 | -362 | -2,091 | 2,615 | -1,728 | 333 | 1,484 |
| Free Cash Flow | -9,178 | -6,671 | -2,349 | -3,470 | 820 | 19,372 | 19,786 | 18,157 | 31,102 | 25,886 | 12,111 | 3,687 |
| CFO/OP | 114 | 90 | 104 | 96 | 95 | 101 | 90 | 83 | 106 | 104 | 102 | 134 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 48 | 44 | 44 | 49 | 49 | 79 | 81 | 104 | 92 | 63 | 91 |
| Cash Conversion Cycle | 46 | 48 | 44 | 44 | 49 | 49 | 79 | 81 | 104 | 92 | 63 | 91 |
| Working Capital Days | -356 | -306 | -250 | -220 | -201 | -274 | -187 | -241 | -168 | -134 | -166 | -229 |
| ROCE % | 8% | 9% | 10% | 10% | 9% | 11% | 12% | 11% | 13% | 13% | 13% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Power Grid insights
67 extracted metrics + investor summaries across FY07–FY27.
Documents
Frequently Asked Questions about Power Grid
What does Power Grid Corporation of India Ltd do?
Where is Power Grid Corporation of India Ltd (POWERGRID) listed?
Which sector does Power Grid Corporation of India Ltd belong to?
What is the market capitalisation of Power Grid Corporation of India Ltd?
What is the PE ratio of Power Grid Corporation of India Ltd?
What is the 52-week high and low of Power Grid Corporation of India Ltd?
Does Power Grid Corporation of India Ltd pay dividends?
What is the Return on Equity (ROE) of Power Grid Corporation of India Ltd?
Company Information
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.
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/POWERGRID.md for Power Grid Corporation of India Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.