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 2025, the company owned and operated 180,195 circuit kilometers of transmission lines, and 282 substations with an aggregate transformation capacity of 551,961 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 to the transmission, distribution, and telecom sectors on system planning and feasibility studies; 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 to utilities and funding institutions; 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; and preventive vigilance, as well as human resource development. Further, it operates electric vehicle charging stations; and engages in solar power generation, green hydrogen production, smart metering, and data centers. 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. Power Grid Corporation of India Limited was incorporated in 1989 and is based in Gurugram, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 17.8%
Concerns1
- Slow revenue growth of 3.2% CAGR over 5 years
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ41.43 K Cr | β | βΉ15.35 K Cr | β | β | 16.7% | -2.3% | -0.8% |
| Mar 2024 | βΉ42.39 K Cr | β | βΉ15.47 K Cr | β | β | 17.8% | -2.2% | 0.9% |
| Mar 2023 | βΉ43.34 K Cr | β | βΉ15.33 K Cr | β | β | 18.5% | 8.5% | -10.3% |
| Mar 2022 | βΉ39.93 K Cr | β | βΉ17.09 K Cr | β | β | 22.4% | 6.0% | 43.2% |
| Mar 2021 | βΉ37.67 K Cr | β | βΉ11.94 K Cr | β | β | 17.2% | 4.1% | 10.4% |
| Mar 2020 | βΉ36.19 K Cr | β | βΉ10.81 K Cr | β | β | 16.8% | 6.1% | 8.8% |
| Mar 2019 | βΉ34.12 K Cr | β | βΉ9.94 K Cr | β | β | 16.8% | 14.6% | 20.5% |
| Mar 2018 | βΉ29.77 K Cr | β | βΉ8.24 K Cr | β | β | 15.2% | 15.8% | 9.6% |
| Mar 2017 | βΉ25.71 K Cr | β | βΉ7.52 K Cr | β | β | 15.1% | 24.4% | 26.4% |
| Mar 2016 | βΉ20.67 K Cr | β | βΉ5.95 K Cr | β | β | 13.6% | 20.3% | 19.5% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 41,031 |
| Total Expenses | 7,158 |
| EBIT / Operating Profit | 33,873 |
| OPM % | 83% |
| Other Income | 6,494 |
| Finance Costs | 9,577 |
| Depreciation & Amortisation | 12,143 |
| Profit Before Tax | 18,646 |
| Tax % | - |
| Net Profit / PAT | 15,438 |
| EPS (βΉ) | 16.60 |
| Dividend Payout % | - |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| POWER GRID CORPORATION OF INDIA LIMITEDthis co. | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| Indian Oil Corporation Ltd. | βΉ2.22 L Cr | βΉ7.56 L Cr | 9.71 | 1.18 | 4.30 | -2.4% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |