Power Grid Corporation of India Limited

NSEI:POWERGRID Stock Report

Market Cap: ₹2.7t

Power Grid Corporation of India Future Growth

Future criteria checks 0/6

Power Grid of India is forecast to grow earnings and revenue by 6.7% and 3% per annum respectively. EPS is expected to grow by 7.5% per annum. Return on equity is forecast to be 18.1% in 3 years.

Key information

6.7%

Earnings growth rate

7.50%

EPS growth rate

Electric Utilities earnings growth15.1%
Revenue growth rate3.0%
Future return on equity18.05%
Analyst coverage

Good

Last updated04 Jul 2025

Recent future growth updates

Power Grid Corporation of India Limited (NSE:POWERGRID) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 23
Power Grid Corporation of India Limited (NSE:POWERGRID) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Analysts Are Updating Their Power Grid Corporation of India Limited (NSE:POWERGRID) Estimates After Its Third-Quarter Results

Feb 08
Analysts Are Updating Their Power Grid Corporation of India Limited (NSE:POWERGRID) Estimates After Its Third-Quarter Results

Recent updates

Insufficient Growth At Power Grid Corporation of India Limited (NSE:POWERGRID) Hampers Share Price

Jun 10
Insufficient Growth At Power Grid Corporation of India Limited (NSE:POWERGRID) Hampers Share Price

Power Grid Corporation of India Limited (NSE:POWERGRID) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 23
Power Grid Corporation of India Limited (NSE:POWERGRID) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Power Grid Corporation of India (NSE:POWERGRID) Shareholders Will Want The ROCE Trajectory To Continue

Apr 27
Power Grid Corporation of India (NSE:POWERGRID) Shareholders Will Want The ROCE Trajectory To Continue

We Think Power Grid Corporation of India (NSE:POWERGRID) Can Stay On Top Of Its Debt

Mar 16
We Think Power Grid Corporation of India (NSE:POWERGRID) Can Stay On Top Of Its Debt

Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E

Feb 26
Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E

Analysts Are Updating Their Power Grid Corporation of India Limited (NSE:POWERGRID) Estimates After Its Third-Quarter Results

Feb 08
Analysts Are Updating Their Power Grid Corporation of India Limited (NSE:POWERGRID) Estimates After Its Third-Quarter Results

Power Grid Corporation of India's (NSE:POWERGRID) Returns On Capital Are Heading Higher

Jan 23
Power Grid Corporation of India's (NSE:POWERGRID) Returns On Capital Are Heading Higher

Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet

Nov 30
Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet

Power Grid Corporation of India (NSE:POWERGRID) Is Paying Out A Larger Dividend Than Last Year

Nov 12
Power Grid Corporation of India (NSE:POWERGRID) Is Paying Out A Larger Dividend Than Last Year
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Energizing India's Future The Company's Sustainable Growth Powers Transmission Success

India's ambitious economic plans and high transmission project CapEx support Power Grid's potential revenue and asset growth, enhancing future earnings.

Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E

Oct 11
Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E

Investors Will Want Power Grid Corporation of India's (NSE:POWERGRID) Growth In ROCE To Persist

Sep 20
Investors Will Want Power Grid Corporation of India's (NSE:POWERGRID) Growth In ROCE To Persist

Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 15
Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year

Power Grid Corporation of India (NSE:POWERGRID) Will Pay A Smaller Dividend Than Last Year

Aug 01
Power Grid Corporation of India (NSE:POWERGRID) Will Pay A Smaller Dividend Than Last Year

Earnings and Revenue Growth Forecasts

NSEI:POWERGRID - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2028471,131197,891N/A349,1972
3/31/2027499,522175,821145,022412,25410
3/31/2026472,157163,513121,116384,36610
3/31/2025457,923155,214120,893362,233N/A
12/31/2024454,951155,449N/AN/AN/A
9/30/2024458,118157,115186,125352,458N/A
6/30/2024458,012156,999N/AN/AN/A
3/31/2024458,431155,732258,858372,895N/A
12/31/2023461,287157,271N/AN/AN/A
9/30/2023458,625153,470366,057465,025N/A
6/30/2023457,242152,130N/AN/AN/A
3/31/2023456,031154,197319,602402,029N/A
12/31/2022439,990152,531N/AN/AN/A
9/30/2022431,851149,008221,756289,589N/A
6/30/2022423,030146,270N/AN/AN/A
3/31/2022416,216168,241181,573261,235N/A
12/31/2021414,406161,939N/AN/AN/A
9/30/2021411,362162,686199,927290,987N/A
6/30/2021403,989159,863N/AN/AN/A
3/31/2021396,398120,365197,861294,027N/A
12/31/2020392,778118,237N/AN/AN/A
9/30/2020384,997111,280188,605288,483N/A
6/30/2020380,213106,050N/AN/AN/A
3/31/2020377,435110,594193,715307,386N/A
12/31/2019371,304108,074N/AN/AN/A
9/30/2019365,018104,81390,919279,911N/A
6/30/2019359,886102,585N/AN/AN/A
3/31/2019350,591100,3358,205232,712N/A
3/31/2018299,53682,040N/A227,101N/A
3/31/2017256,97474,507N/A215,753N/A
3/31/2016206,52159,586N/A150,081N/A
3/31/2015176,58550,463N/A158,001N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: POWERGRID's forecast earnings growth (6.7% per year) is below the savings rate (6.7%).

Earnings vs Market: POWERGRID's earnings (6.7% per year) are forecast to grow slower than the Indian market (15% per year).

High Growth Earnings: POWERGRID's earnings are forecast to grow, but not significantly.

Revenue vs Market: POWERGRID's revenue (3% per year) is forecast to grow slower than the Indian market (9.3% per year).

High Growth Revenue: POWERGRID's revenue (3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: POWERGRID's Return on Equity is forecast to be low in 3 years time (18.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/07 11:43
End of Day Share Price 2025/07/07 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Power Grid Corporation of India Limited is covered by 52 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Satyadeep JainAmbit Capital
Nitin BhasinAmbit Capital
Rahul DholamAngel Broking Private Limited