POWERGRID · NSE
Power Grid Corporation of India Limited
₹270.3
+2.48% (+₹6.55)
Prev. close
₹263.75
Volume
1,78,96,733
Delivery %
72.3%
As of
18 Sept 2026
Price history
PL Capital Analysis · PL Capital · 18 Sept 2026
“Bullish on Power Grid Corporation of India with a 'Buy' rating and a target price of ₹331 per share, indicating a 25% upside. The company's prospects are likely to be boosted by upcoming power transmission infrastructure projects.”
Analyst sentiment
Analysts lean bullish
3 analyst stances · last 90 days · one per analyst
Trackable
3 · 3 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Power Grid Corporation of India with a 'Buy' rating and a target price of ₹331 per share, indicating a 25% up…” | PL Capital AnalysisPL Capital | Power Grid Corporation of India | PENDING | ||||
“Bullish on Power Grid Corporation of India with a 'Buy' rating and a target price of ₹331 per share, indicating a 25% upside. The company's prospects are likely to be boosted by upcoming power transmission infrastructure projects.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Bullish on Power Grid Corporation, recommending a buy at ₹272.40 with a target of ₹287 and a stop loss at ₹266 for intra…” | Vaishali ParekhPrabhudas Lilladher | Power Grid Corporation | PENDING | ||||
| “Power Grid Corp is estimated to achieve a 20% upside over the next 12 months, with analysts setting a target of Rs 320 f…” | ETMarkets AnalysisETMarkets.com | Power Grid Corporation of India | PENDING | ||||
Fundamentals
About Power Grid Corporation of India Limited
Power Grid Corporation of India Limited, an electric power transmission utility, engages in the power transmission business in India and internationally. It operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of 31 March 2026, the company owned and operated 184,960 circuit kilometers of transmission lines, and 291 substations with an aggregate transformation capacity of 624,016 mega volt amperes. It also provides telecom services that offer overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name, as well as lease lines, MPLS-VPN, data, infrastructure, and international long-distance services. In addition, it provides consultancy services; environmental and social studies; design and engineering; contract/procurement services; project management and construction supervision; capacity building; operation and maintenance; asset management; owners and lenders engineer services; preparation of grid code, tariff mechanisms, and market analysis; legal and technical advisory in power transmission; power system studies/DPR preparation; smart grid and EV charging; load despatch and communication; sub-transmission/distribution/rural electrification services; testing and quality assurance and inspection; energy efficiency; capacity building; owners and lenders' engineer; operation and maintenance; and preventive vigilance; and oil testing laboratory services, as well as human resource development. Further, it operates electric vehicle charging stations; and engages in solar power generation, smart metering solutions, battery energy storage system, and green hydrogen production. The company was formerly known as National Power Transmission Corporation Limited and changed its name to Power Grid Corporation of India Limited in October 1992. The company was incorporated in 1989 and is based in Gurugram, India.
Details
Sector
Utilities
Industry
Utilities - Regulated Electric
CEO
Mr. Vamsi Rama Mohan Burra
Headquarters
Gurugram
Employees
9,745
Website
powergrid.inExchange
View on NSE ↗Key stats
Market cap
₹2.45 L Cr
P/E ratio (TTM)
12.9
Dividend yield
4.66%
EPS (TTM)
₹20.42
Beta (1Y · daily vs NIFTY 50)
0.45
Beta (5Y · monthly vs NIFTY 50)
0.90
Shares float
427.72 Cr
EPS · quarter ended Jun 2026
₹3.87
Upcoming earnings
10 Nov 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹39,639.79 Cr | ₹41,616.34 Cr | ₹45,581.28 Cr | ₹45,843.10 Cr | ₹45,792.32 Cr | ₹46,732.87 Cr | |
| EBITDA | ₹35,098.21 Cr | ₹40,968.79 Cr | ₹39,250.10 Cr | ₹40,972.91 Cr | ₹40,732.43 Cr | ₹38,930.63 Cr |
| ₹12,036.46 Cr | ₹16,824.07 Cr | ₹15,417.12 Cr | ₹15,573.16 Cr | ₹15,521.44 Cr | ₹15,927.95 Cr | |
| Diluted EPS | ₹12.94 | ₹18.09 | ₹16.58 | ₹16.74 | ₹16.69 | ₹17.13 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹2.56 L Cr | ₹2.51 L Cr | ₹2.50 L Cr | ₹2.51 L Cr | ₹2.66 L Cr | ₹2.95 L Cr | |
| ₹1.43 L Cr | ₹1.35 L Cr | ₹1.27 L Cr | ₹1.27 L Cr | ₹1.35 L Cr | ₹1.52 L Cr | |
| Stockholders' equity | ₹69,936.07 Cr | ₹76,247.13 Cr | ₹83,014.51 Cr | ₹87,145.11 Cr | ₹92,662.81 Cr | ₹1.00 L Cr |
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹29,312.15 Cr | ₹26,123.52 Cr | ₹40,202.87 Cr | ₹37,289.50 Cr | ₹36,223.29 Cr | ₹40,930.58 Cr | |
| Investing cash flow | ₹-8,972.95 Cr | ₹752.79 Cr | ₹-7,138.25 Cr | ₹-13,114.39 Cr | ₹-23,533.27 Cr | ₹-35,305.46 Cr |
| ₹-20,521.05 Cr | ₹-28,966.94 Cr | ₹-30,449.56 Cr | ₹-25,903.33 Cr | ₹-12,357.18 Cr | ₹-4,006.26 Cr | |
| Capital expenditure | ₹-9,393.67 Cr | ₹-7,966.22 Cr | ₹-8,242.63 Cr | ₹-11,403.74 Cr | ₹-24,134.04 Cr | ₹-37,279.11 Cr |
| End cash position | ₹4,667.74 Cr | ₹2,577.11 Cr | ₹5,192.17 Cr | ₹3,463.95 Cr | ₹3,796.79 Cr | ₹5,280.62 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Jun 26(20Q) |
|---|---|
| Promoter | 51.34% |
| Public | 48.66% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Utilities
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Adani Power Limited | ₹3.97 L Cr | ₹206.6 | 27.9 | 6.12 | 19.8% | 0.84 | -3.5% | -67.3% |
| NTPC Limited | ₹3.20 L Cr | ₹323.65 | 10.1 | 1.57 | 13.3% | 1.33 | -1.2% | -3.9% |
| Power Grid Corporation of India Limited | ₹2.45 L Cr | ₹270.3 | 12.9 | 2.44 | 15.8% | 1.51 | +1.6% | -6.5% |
| Adani Green Energy Limited | ₹2.10 L Cr | ₹1,334.5 | 122.3 | 10.51 | 8.3% | 5.08 | +11.6% | +36.3% |
| Adani Energy Solutions Limited | ₹1.70 L Cr | ₹1,436.1 | 57.1 | 6.67 | 9.0% | 1.93 | +15.4% | +71.5% |
| Tata Power Company Limited | ₹1.18 L Cr | ₹374.8 | 30.6 | 2.99 | 9.5% | 2.02 | -4.8% | -4.7% |
| GAIL (India) Limited | ₹1.13 L Cr | ₹173.9 | 11.4 | 1.27 | 8.5% | 0.28 | -0.2% | -3.9% |
| Siemens Energy India Limited | ₹1.11 L Cr | ₹3,228 | 74.2 | 25.27 | 25.1% | 0.03 | +63.5% | -7.1% |
| JSW Energy Limited | ₹93,817.50 Cr | ₹526 | 40.3 | 3.05 | 7.3% | 2.50 | +62.8% | -2.2% |
| NHPC Limited | ₹75,749.61 Cr | ₹75.2 | 27.6 | 1.83 | 9.1% | 1.32 | +7.2% | -13.8% |
| NTPC Green Energy Limited | ₹73,797.80 Cr | ₹88.55 | 141.3 | 3.89 | 2.8% | 1.67 | +29.8% | -14.7% |
| Torrent Power Limited | ₹65,406.68 Cr | ₹1,297.6 | 28.2 | 3.43 | 12.7% | 0.73 | -0.8% | +2.4% |
Ranked by market cap within Utilities, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Show all 21
Concall transcripts
Show all 13
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
63 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.