Power Grid Corporation of India Balance Sheet Health
Financial Health criteria checks 3/6
Power Grid of India has a total shareholder equity of ₹920.6B and total debt of ₹1,261.2B, which brings its debt-to-equity ratio to 137%. Its total assets and total liabilities are ₹2,553.0B and ₹1,632.4B respectively. Power Grid of India's EBIT is ₹269.1B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹89.6B.
Key information
137.0%
Debt to equity ratio
₹1.26t
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹89.55b |
| Equity | ₹920.61b |
| Total liabilities | ₹1.63t |
| Total assets | ₹2.55t |
Recent financial health updates
Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Nov 30
These 4 Measures Indicate That Power Grid Corporation of India (NSE:POWERGRID) Is Using Debt Reasonably Well
Jun 29Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Mar 13Recent updates
Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Nov 30Power Grid Corporation of India (NSE:POWERGRID) Is Paying Out A Larger Dividend Than Last Year
Nov 12Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E
Oct 11Investors Will Want Power Grid Corporation of India's (NSE:POWERGRID) Growth In ROCE To Persist
Sep 20Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 15Power Grid Corporation of India (NSE:POWERGRID) Will Pay A Smaller Dividend Than Last Year
Aug 01These 4 Measures Indicate That Power Grid Corporation of India (NSE:POWERGRID) Is Using Debt Reasonably Well
Jun 29Power Grid Corporation of India (NSE:POWERGRID) Is Looking To Continue Growing Its Returns On Capital
Jun 11Power Grid Corporation of India Limited's (NSE:POWERGRID) Earnings Are Not Doing Enough For Some Investors
Apr 15Calculating The Intrinsic Value Of Power Grid Corporation of India Limited (NSE:POWERGRID)
Mar 28Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Mar 13Power Grid Corporation of India (NSE:POWERGRID) Has Affirmed Its Dividend Of ₹4.50
Feb 10There's Been No Shortage Of Growth Recently For Power Grid Corporation of India's (NSE:POWERGRID) Returns On Capital
Jan 20Financial Position Analysis
Short Term Liabilities: POWERGRID's short term assets (₹283.4B) do not cover its short term liabilities (₹348.9B).
Long Term Liabilities: POWERGRID's short term assets (₹283.4B) do not cover its long term liabilities (₹1,283.5B).
Debt to Equity History and Analysis
Debt Level: POWERGRID's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: POWERGRID's debt to equity ratio has reduced from 224.8% to 137% over the past 5 years.
Debt Coverage: POWERGRID's debt is well covered by operating cash flow (27.9%).
Interest Coverage: POWERGRID's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/17 03:23 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Power Grid Corporation of India Limited is covered by 54 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Rahul Dholam | Angel Broking Private Limited |
| null null | Antique Stockbroking Ltd. |