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 ₹1,261.9B, which brings its debt-to-equity ratio to 137.1%. Its total assets and total liabilities are ₹2,553.0B and ₹1,632.4B respectively. Power Grid of India's EBIT is ₹263.1B making its interest coverage ratio 3.6. It has cash and short-term investments of ₹89.6B.
Key information
137.1%
Debt to equity ratio
₹1.26t
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₹89.55b |
| Equity | ₹920.61b |
| Total liabilities | ₹1.63t |
| Total assets | ₹2.55t |
Recent financial health updates
We Think Power Grid Corporation of India (NSE:POWERGRID) Can Stay On Top Of Its Debt
Mar 16
Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Nov 30These 4 Measures Indicate That Power Grid Corporation of India (NSE:POWERGRID) Is Using Debt Reasonably Well
Jun 29Recent updates
We Think Power Grid Corporation of India (NSE:POWERGRID) Can Stay On Top Of Its Debt
Mar 16Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E
Feb 26Analysts Are Updating Their Power Grid Corporation of India Limited (NSE:POWERGRID) Estimates After Its Third-Quarter Results
Feb 08Power Grid Corporation of India's (NSE:POWERGRID) Returns On Capital Are Heading Higher
Jan 23Power 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 12
Energizing India's Future The Company's Sustainable Growth Powers Transmission Success
Nov 10 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 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 11Financial 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 137.1% 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 (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/24 17:43 |
| End of Day Share Price | 2025/04/24 00:00 |
| Earnings | 2024/12/31 |
| 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.
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 Github.
Analyst Sources
Power Grid Corporation of India Limited is covered by 58 analysts. 11 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 |
| Satyadeep Jain | Ambit Capital |
| Rahul Dholam | Angel Broking Private Limited |