Power Grid Corporation of India Ltd (POWERGRID)
π― Key Takeaways
- Revenue declined 1.4% QoQ to βΉ11,497 in Q1FY27.
- Market Cap
- βΉ2.42 L Cr
- P/E Ratio
- 15.2
- P/B Ratio
- 2.41
- ROE
- 15.8%
- ROCE
- 10.5%
- Debt/Equity
- 1.47
- Div Yield
- 5.18%
- Promoter
- 51.3%
π Quarterly Results (βΉ Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 11,196 | 11,476 | 12,395 | 11,666 | 11,497 |
| Operating Profit | 6,016 | 5,891 | 7,272 | 5,771 | 6,408 |
| OPM % | 53.7% | 51.3% | 58.7% | 49.5% | 55.7% |
| Net Profit | 3,631 | 3,566 | 4,185 | 4,546 | 3,598 |
| EPS | βΉ3.90 | βΉ3.84 | βΉ4.50 | βΉ4.89 | βΉ3.87 |
π¦ Balance Sheet (βΉ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 9,301 | 9,301 | 9,301 | 9,301 |
| Reserves | 83,362 | 82,760 | 91,193 | 89,631 |
| Borrowings | 1.31 L Cr | 1.23 L Cr | 1.48 L Cr | 1.36 L Cr |
| Total Liabilities | 2.66 L Cr | 2.55 L Cr | 2.95 L Cr | 2.78 L Cr |
| Fixed Assets | 1.71 L Cr | 1.73 L Cr | 1.77 L Cr | 1.67 L Cr |
| Investments | 3,117 | 3,410 | 2,995 | 3,745 |
| Total Assets | 2.66 L Cr | 2.55 L Cr | 2.95 L Cr | 2.78 L Cr |
π° Cash Flow Statement (βΉ Cr)
| Item | Mar 2025 | Mar 2026 |
|---|---|---|
| Operating | +36,223 | +40,935 |
| Investing | -23,533 | -35,310 |
| Financing | -12,357 | -4,006 |
| Net Cash Flow | +333 | +1,619 |
π₯ Shareholding Pattern
| Category | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.3% | 51.3% | 51.3% | 51.3% | 51.3% | 51.3% | 51.3% | 51.3% |
| FII | 28.3% | 28.1% | 26.8% | 26.5% | 25.7% | 24.7% | 25.0% | 24.3% |
| DII | 16.9% | 17.0% | 18.4% | 18.6% | 19.4% | 20.3% | 20.1% | 20.7% |
| Public | 3.0% | 3.0% | 3.0% | 3.1% | 3.1% | 3.2% | 3.0% | 3.1% |
| # Shareholders | 13,29,741 | 13,51,252 | 13,83,986 | 13,88,417 | 13,72,725 | 13,74,801 | 13,35,909 | 13,51,868 |
βοΈ Peer Comparison β Power Generation & Distribution
| Company | MCap (βΉ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| ADANIPOWER | 3.93 L Cr | 27.6 | 18.3% | β | 0.86 |
| NTPC | 3.12 L Cr | 11.3 | 10.1% | β | 1.34 |
| POWERGRID | 2.42 L Cr | 15.2 | 10.5% | β | 1.47 |
| ADANIGREEN | 2.10 L Cr | 122.3 | 7.3% | β | 5.21 |
| ADANIENSOL | 1.61 L Cr | 54.0 | 10.5% | β | 1.92 |
| TATAPOWER | 1.15 L Cr | 29.7 | 11.1% | β | 1.80 |
| ENRIN | 1.14 L Cr | 76.7 | 46.2% | β | 0.00 |
| JSWENERGY | 90,097 | 43.8 | 7.3% | β | 2.52 |
| NTPCGREEN | 78,719 | 131.6 | 3.7% | β | 1.54 |
| NHPC | 73,228 | 20.6 | 5.0% | β | 1.26 |
π Peer Stock Analyses
π Recent Filings
- π‘ Board Meeting2026-09-30Power Grid Corporation announced the appointment of Shri Akhilesh Pathak as Director (Projects) effective 30 September 2026, appointed by the Ministryβ¦
- π‘ Board Meeting2026-09-30Power Grid Corporation announced that Executive Directors Atul Kumar Bali and Dilip Nagesh Rozekar will cease to be EDs upon superannuation on Septembβ¦
- π‘ Board Meeting2026-09-30Power Grid Corporation announced the appointment of Shri Akhilesh Pathak as Director (Projects) effective 30 September 2026, approved by the Board, wiβ¦
- Announcement2026-09-26Power Grid Corporation of India announced it was declared the successful bidder for a transmission project under Tariff-Based Competitive Bidding, secβ¦
- π‘ Board Meeting2026-09-26The board approved a Rs. 10,000 crore unsecured term loan from SBI to fund transmission projects, approved the 2026-27 budget, and reappointed the vigβ¦
- Announcement2026-09-25Power Grid Corporation of India announced that its trading window will close on 30 September 2026 and remain shut until 48 hours after the quarter andβ¦
- π΄ Corporate Action2026-09-23Power Grid Corporation of India announced on 23.09.2026 that it acquired 100% of Barmer HVDC Power Transmission Limited for approximately **βΉ18.98 croβ¦
- π‘ Board Meeting2026-09-22Power Grid Corporation announced a board meeting on September 26, 2026 to consider raising funds via unsecured rupee term loans or bank facilities, asβ¦
- π‘ Board Meeting2026-09-18Power Grid approved raising up to **βΉ5,000 crores** through a private placement of 10-year unsecured non-convertible taxable bonds (LXXXIV Issue 2026-β¦
- π‘ Board Meeting2026-09-15Power Grid Corporation announced a board meeting on September 18, 2026 to consider issuing unsecured non-convertible redeemable taxable bonds (NCDs) uβ¦
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only β not investment advice. Updated 2026-10-01.
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