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Power Grid Corporation of India Limited
(POWERGRID)
Power Grid Corporation of India Limited (POWERGRID) vs. iShares MSCI India ETF (INDA)
Power Grid Corporation of India Limited Business Overview & Revenue Model
Power Grid Corporation of India Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 459.82B | 457.92B | 458.43B | 456.03B | 416.22B | 396.40B |
| Gross Profit | 449.50B | 447.60B | 449.15B | 447.80B | 407.92B | 388.78B |
| EBITDA | 393.04B | 396.00B | 402.17B | 401.77B | 369.73B | 358.17B |
| Net Income | 154.28B | 155.21B | 155.73B | 154.20B | 168.24B | 120.36B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 2.66T | 2.51T | 2.50T | 2.51T | 2.56T |
| Cash, Cash Equivalents and Short-Term Investments | 100.77B | 100.77B | 60.56B | 97.69B | 50.20B | 52.06B |
| Total Debt | 0.00 | 1.35T | 1.27T | 1.29T | 1.35T | 1.47T |
| Total Liabilities | -926.63B | 1.73T | 1.64T | 1.69T | 1.75T | 1.86T |
| Stockholders Equity | 926.63B | 926.63B | 871.45B | 830.15B | 762.47B | 699.36B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 120.89B | 258.86B | 311.02B | 181.57B | 199.49B |
| Operating Cash Flow | 0.00 | 362.23B | 372.89B | 380.05B | 261.24B | 293.12B |
| Investing Cash Flow | 0.00 | -235.33B | -131.14B | -71.38B | 7.53B | -89.73B |
| Financing Cash Flow | 0.00 | -123.57B | -259.03B | -304.50B | -289.67B | -205.21B |
Power Grid Corporation of India Limited Technical Analysis
Power Grid Corporation of India Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹2.68T | 17.46 | ― | 3.12% | 0.40% | -1.73% | |
72 Outperform | ₹660.84B | 23.71 | ― | 1.43% | -2.95% | 16.18% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | ₹869.90B | 28.50 | ― | 2.25% | 13.90% | -15.41% | |
65 Neutral | ₹1.28T | 31.30 | ― | 0.57% | 4.23% | 9.91% | |
64 Neutral | ₹350.73B | 50.83 | ― | 1.64% | 12.40% | -30.77% | |
62 Neutral | ₹719.84B | 94.10 | ― | 0.10% | 36.83% | 166.22% |
Power Grid Corporation of India Limited Corporate Events
Power Grid Corporation of India Limited has successfully acquired Vindhyachal Varanasi Transmission Limited (VVTL) under the Tariff Based Competitive Bidding (TBCB) route. This acquisition, valued at approximately Rs. 19.84 crore, includes the establishment of a new 765 kV sub-station in Prayagraj and transmission lines in Uttar Pradesh and Madhya Pradesh. The acquisition is expected to enhance Power Grid’s operational capacity and strengthen the inter-regional transmission system, which is crucial for relieving the load on existing lines and ensuring reliable power distribution.
Power Grid Corporation of India Limited has acquired Mandsaur I RE Transmission Limited through a tariff-based competitive bidding process. This acquisition, valued at approximately Rs. 7.30 Crore, involves the augmentation of transformation capacity and implementation of line bays at the Mandsaur substation in Madhya Pradesh, enhancing Power Grid’s operational capabilities and market presence in power transmission.
Power Grid Corporation of India Limited has received investment approval from its Committee of Directors for two significant projects. The first project involves the implementation of a VOIP Communication system for grid operations across all five regions in India, with an estimated cost of ₹209.68 crore and a completion target of August 2026. The second project focuses on enhancing disaster preparedness of transmission infrastructure through the procurement of Emergency Restoration Systems, costing ₹495.83 crore, expected to be completed by April 2027. These initiatives are poised to strengthen the company’s operational capabilities and enhance its infrastructure resilience.
Power Grid Corporation of India Limited has announced the appointment of new statutory auditors for the financial year 2025-26, as conveyed by the Comptroller and Auditor General of India. The appointment of these auditors is significant for ensuring compliance with the Companies Act, 2013, and maintaining transparency in financial reporting, which is crucial for stakeholders and the company’s operations.
Power Grid Corporation of India Limited announced the cessation of three Executive Directors, Shri A Sensarma, Shri Thiruchitrambalam Krishnakumar, and Shri Vikram Singh Bhal, due to their superannuation as of August 31, 2025. This change in senior management is part of the company’s adherence to regulatory requirements, and it may impact the company’s operational dynamics and leadership structure.
Power Grid Corporation of India Limited has been declared the successful bidder under the Tariff Based Competitive Bidding (TBCB) process to establish an Inter-State Transmission System. This project, aimed at strengthening the transmission system at Davanagere for the integration of renewable energy generation, will be executed on a Build, Own, Operate and Transfer (BOOT) basis. The successful bid and subsequent project development are expected to enhance POWERGRID’s operational capabilities and reinforce its position in the energy transmission industry.
Power Grid Corporation of India Limited announced that the resolutions proposed at its 36th Annual General Meeting held on August 26, 2025, were approved by the requisite majority. The meeting was conducted via video conferencing, and the voting results along with the scrutinizer’s report are available on the company’s website. This approval signifies continued support from stakeholders, reinforcing the company’s strategic direction and operational stability.
Power Grid Corporation of India Limited has announced its 36th Annual General Meeting (AGM) scheduled for August 26, 2025, to be conducted via video conferencing. The AGM will address ordinary business matters such as the adoption of financial statements, dividend declarations, and director appointments. Additionally, special business includes the appointment of new directors, including a Whole-time Director and a Government Nominee Director. This meeting is crucial for stakeholders as it outlines the company’s financial performance and strategic leadership appointments, impacting its operational and governance structure.
Power Grid Corporation of India Limited recently held an Analysts’ and Institutional Investors’ Meet in Mumbai on August 1, 2025. During the meeting, the senior management team discussed the company’s business outlook following the release of its financial results for the first quarter of FY 2025-26. This event provided an opportunity for analysts and investors to interact with the company’s leadership, potentially impacting stakeholder confidence and market positioning.
Power Grid Corporation of India Limited has announced an Investor Presentation scheduled for August 1, 2025, in Mumbai. This presentation is part of their ongoing communication efforts with investors and analysts, highlighting the company’s commitment to transparency and engagement with stakeholders. The meeting is expected to provide insights into the company’s operations and future strategies, potentially impacting its market positioning and investor relations.