Power · NIFTY 50

Power Grid Corporation of India Limited

NSEPOWERGRID BSE532898 ISININE752E01010 SeriesEQ Listed on NSE · BSE

₹259.45 -4.30 (-1.63%) Updated 12 Nov, 8:49 pm IST

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Price, daily close-6.86% in a year

Today

Open: ₹264.05
Prev close: ₹263.75
Day high: ₹264.50
Day low: ₹258.50
Volume: 77.25 L
Value traded: ₹201.28 Cr
Upper circuit: ₹266.65
Lower circuit: ₹251.15
52W high: ₹324.95
52W low: ₹242.30
1 month: +6.23%
6 months: -16.40%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹241,304 Cr

P/E (TTM)14.89

P/B2.26

Book value / share₹114.78

EPS (TTM)₹17.42

ROE15.2%

Dividend yield2.89%

Dividend (12m)₹7.50 / share

Net margin (TTM)34.2%

Operating margin82.3%

Debt / equity1.42

Current ratio0.55

EV / EBITDA10.01

Sales growth (YoY qtr)+2.97%

Profit growth (YoY qtr)+8.41%

Sales CAGR 3Y+0.84%

Profit CAGR 3Y+1.09%

Shares930.06 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

11,5504,028

Dec 23

11,9784,166

Mar 24

11,0063,724

Jun 24

11,2783,793

Sep 24

11,2333,862

Dec 24

12,2754,143

Mar 25

11,1963,631

Jun 25

11,4763,566

Sep 25

12,3954,185

Dec 25

11,6664,546

Mar 26

11,4973,598

Jun 26

11,8163,866

Sep 26

Revenue · QoQ (vs last quarter)

—+3.7%-8.1%+2.5%-0.4%+9.3%-8.8%+2.5%+8.0%-5.9%-1.4%+2.8%

Revenue · YoY (vs a year ago)

————-2.7%+2.5%+1.7%+1.8%+10%-5.0%+2.7%+3.0%

Net profit · QoQ (vs last quarter)

—+3.4%-11%+1.9%+1.8%+7.3%-12%-1.8%+17%+8.6%-21%+7.4%

Net profit · YoY (vs a year ago)

————-4.1%-0.6%-2.5%-6.0%+8.4%+9.7%-0.9%+8.4%

RevenueNet profitLine = trend

4.33

Dec 23

4.48

Mar 24

4.00

Jun 24

4.08

Sep 24

4.15

Dec 24

4.46

Mar 25

3.90

Jun 25

3.84

Sep 25

4.50

Dec 25

4.89

Mar 26

3.87

Jun 26

4.16

Sep 26

EPS (₹) · YoY (vs a year ago)

————-4.2%-0.4%-2.5%-5.9%+8.4%+9.6%-0.8%+8.3%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	11,550	11,978	11,006	11,278	11,233	12,275	11,196	11,476	12,395	11,666	11,497	11,816
Other income	270	327	273	568	510	315	248	194	204	305	200	239
Total income	11,820	12,305	11,280	11,846	11,743	12,591	11,444	11,670	12,599	11,971	11,697	12,055
Raw material	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Purchases	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Employee cost	608	644	617	621	597	769	641	668	659	701	674	704
Other expenses	729	1,235	786	956	1,098	1,282	1,409	1,694	1,083	1,899	1,287	1,392
Total expenses	7,076	7,066	6,643	7,310	6,829	7,550	7,114	7,733	7,314	8,069	7,112	7,483
Operating profit	10,213	10,099	9,602	9,701	9,538	10,224	9,147	9,114	10,653	9,066	9,536	9,720
OPM %	88.4%	84.3%	87.2%	86.0%	84.9%	83.3%	81.7%	79.4%	85.9%	77.7%	82.9%	82.3%
Finance cost	2,446	1,928	2,039	2,441	1,917	2,303	1,934	2,148	2,191	2,175	2,023	2,191
Depreciation	3,293	3,259	3,200	3,292	3,216	3,196	3,130	3,223	3,381	3,295	3,128	3,196
Profit before tax	4,743	5,239	4,637	4,536	4,914	5,041	4,330	3,937	5,285	3,901	4,585	4,572
Tax	788	958	879	884	1,090	919	868	829	1,312	-4,391	883	796
Net profit	4,028	4,166	3,724	3,793	3,862	4,143	3,631	3,566	4,185	4,546	3,598	3,866
Profit to shareholders	4,028	4,166	3,724	3,793	3,862	4,143	3,631	3,566	4,185	4,546	3,598	3,866
EPS (₹)	4.33	4.48	4.00	4.08	4.15	4.46	3.90	3.84	4.50	4.89	3.87	4.16

Profit & loss

Results for each year

8 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

35,05930,22110,034

FY19

37,74432,94011,059

FY20

39,64033,91412,036

FY21

41,61639,88716,824

FY22

45,58139,47815,417

FY23

45,84339,90315,573

FY24

45,79239,06515,521

FY25

46,73337,97915,928

FY26

Revenue · YoY (vs a year ago)

—+7.7%+5.0%+5.0%+9.5%+0.6%-0.1%+2.1%

Net profit · YoY (vs a year ago)

—+10%+8.8%+40%-8.4%+1.0%-0.3%+2.6%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	35,059	37,744	39,640	41,616	45,581	45,843	45,792	46,733
Other income	602	927	1,184	1,082	1,024	1,070	1,667	952
Total expenses	24,116	25,919	24,821	25,957	29,070	27,808	28,331	30,231
Employee cost	1,784	1,960	2,115	2,244	2,509	2,434	2,604	2,669
Operating profit	30,221	32,940	33,914	39,887	39,478	39,903	39,065	37,979
OPM %	86.2%	87.3%	85.6%	95.8%	86.6%	87.0%	85.3%	81.3%
Finance cost	8,737	9,509	8,135	8,036	9,634	8,773	8,700	8,448
Depreciation	10,541	11,607	12,039	12,872	13,333	13,095	12,904	13,030
Profit before tax	11,545	12,752	14,924	20,061	17,535	19,105	19,128	17,453
Tax	-886	3,531	3,464	2,786	2,285	2,941	3,773	-1,381
Tax rate %	-7.7%	27.7%	23.2%	13.9%	13.0%	15.4%	19.7%	-7.9%
Net profit	10,034	11,059	12,036	16,824	15,417	15,573	15,521	15,928
Profit to shareholders	10,034	11,059	12,036	—	15,417	15,573	15,521	15,928
Net margin %	28.6%	29.3%	30.4%	40.4%	33.8%	34.0%	33.9%	34.1%
EPS (₹)	19.18	21.14	23.01	24.12	22.10	16.74	16.69	17.13

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

83,0151.27L5,192

Mar 23

87,1451.23L3,464

Mar 24

92,6631.31L3,797

Mar 25

1.00L1.48L5,281

Mar 26

1.07L1.51L2,521

Sep 26

Shareholders' equity · YoY (vs a year ago)

—+5.0%+6.3%+8.5%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	83,015	87,145	92,663	100,494	106,748
Long-term borrowings	113,891	105,067	109,858	121,072	126,218
Short-term borrowings	12,704	18,382	21,107	26,937	24,989
Total borrowings	126,595	123,449	130,965	148,009	151,207
Current liabilities	28,142	34,421	40,245	51,196	46,161
Fixed assets (PPE)	183,777	176,223	170,886	174,970	173,421
Inventories	1,340	1,406	1,803	2,126	2,416
Trade receivables	12,961	11,540	7,965	11,673	7,781
Cash & equivalents	5,192	3,464	3,797	5,281	2,521
Current assets	24,408	26,792	29,499	30,658	25,552
Total assets	250,296	250,891	266,107	294,727	301,346
Debt / equity	1.52	1.42	1.41	1.47	1.42

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

26,124753-28,967

FY22

38,005-6,126-29,264

FY23

37,290-13,114-25,903

FY24

36,223-23,533-12,357

FY25

40,931-35,305-4,006

FY26

Operations · YoY (vs a year ago)

—+45%-1.9%-2.9%+13%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	26,124	38,005	37,290	36,223	40,931
Cash from investing	753	-6,126	-13,114	-23,533	-35,305
Cash from financing	-28,967	-29,264	-25,903	-12,357	-4,006
Spent on fixed assets	-7,632	-5,242	-9,323	-22,614	-37,279
Free cash flow	18,491	32,763	27,966	13,609	3,651
Net cash flow	-2,091	2,615	-1,728	333	1,619

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

51.3%Dec 23

51.3%Mar 24

51.3%Jun 24

51.3%Sep 24

51.3%Dec 24

51.3%Mar 25

51.3%Jun 25

51.3%Sep 25

51.3%Dec 25

51.3%Mar 26

51.3%Jun 26

51.3%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

51.3%promoter

Promoter & group: 51.34%
Public (FIIs, mutual funds, retail…): 48.66%
Promoter change, last quarter: 0.00 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Interim Dividend - Rs 3 Per ShareEx 06-Nov-2026
Dividend - Rs 1.25 Per ShareEx 13-Aug-2026
Interim Dividend - Rs 3.25 Per ShareEx 09-Feb-2026
Interim Dividend - Rs 4.50 Per ShareEx 10-Nov-2025
Dividend - Rs 1.25 Per ShareEx 19-Aug-2025
Interim Dividend - Rs 3.25 Per ShareEx 07-Feb-2025
Interim Dividend - Rs 4.50 Per ShareEx 14-Nov-2024
Annual General Meeting/Dividend - Rs 2.75 Per ShareEx 16-Aug-2024

Board meetings

the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend.01-Nov-2026
the Unaudited Financial Results for the quarter and half year ended 30th September, 2026 and declaration of 01st Interim Dividend, if any, for the FY…01-Nov-2026
proposal for Raising of funds through Unsecured Rupee Term Loan/Line of Credit (Bank Facility) .26-Sep-2026
Fund raising.26-Sep-2026
Fund raising.18-Sep-2026

Filings with NSE

General Updates11 Nov
Analysts/Institutional Investor Meet/Con. Call Updates10 Nov
Appointment6 Nov
Analysts/Institutional Investor Meet/Con. Call Updates4 Nov
Change in Director(s)3 Nov
Cessation3 Nov
Investor Presentation3 Nov

Latest news

5 Power Stocks to Watch After India's Rs 68,800 Crore Transmission PushEquitymaster · 12 Nov, 5:42 pm POWERGRID Hits Day High on Karnataka Transmission WinEquitypandit · 12 Nov, 11:53 am BHEL shares up 3.5% on Power Grid order for Gujarat synchronous condensersBusiness Standard · 11 Nov, 1:52 pm BHEL shares gain 3% after bagging second Power Grid order in a week worth up to ₹900 crore - CNBC TV18LinkedIn · 11 Nov, 2:00 pm Power Grid Corporation wins Karnataka transmission project with ₹243 crore annual chargesCNBC TV18 · 11 Nov, 10:48 pm Power Grid Corporation of India Ltd: Technical Momentum Shifts Amid Mixed Indicator SignalsMarketsMojo · 12 Nov, 12:47 pm Top Gainers & Losers Today, 12 November 2026 at 3:30 PM IST: HDFC Life Insurance Ltd Leads GainersHDFC Sky · 12 Nov, 3:59 pm BHEL shares rise over 3% on order win from Power GridBusiness Today · 11 Nov, 12:22 pm

About

About Power Grid Corporation of India Limited

Power Grid Corporation of India Limited is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It is engaged mainly in transmission of bulk power across different states of India. It is headquartered in Gurugram. Power Grid transmits about 50% of the total power generated in India on its transmission network.

From Wikipedia (CC BY-SA 4.0).

Company details

Company name: Power Grid Corporation of India Limited
NSE symbol: POWERGRID
BSE scrip code: 532898
ISIN: INE752E01010
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 5 Oct 2007
Face value: ₹10 per share
Market lot: 1 share
Shares issued: 930.06 crore
Index: NIFTY 50, NIFTY 500
Sector (NSE): Power
Industry: Electric Utilities
Managing director / CEO: Burra Vamsi Rama Mohan
Chair: Burra Vamsi Rama Mohan
Headquarters: New Delhi, IN
Registered address: Saudamini, Plot No.2, Sector 29, Gurugram, Haryana-122001
Founded: 1989
Employees: 30,489
Financial year: April to March
Results basis: Consolidated
Website: powergrid.in

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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

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Power Grid Corporation of India Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers