Power Grid Corporation of India (POWERGRID) Stock Overview
An electric power transmission utility, engages in the power transmission business in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
POWERGRID Community Fair Values
Create NarrativeSee what 47 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Power Grid Corporation of India Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹288.20 |
| 52 Week High | ₹324.95 |
| 52 Week Low | ₹250.00 |
| Beta | 0.18 |
| 1 Month Change | -0.93% |
| 3 Month Change | -8.91% |
| 1 Year Change | -1.34% |
| 3 Year Change | 48.83% |
| 5 Year Change | 124.52% |
| Change since IPO | 409.30% |
Recent News & Updates
Narrative Update • Jul 06
POWERGRID: Forward P/E And Funding Plans Will Support Fairly Valued Outlook
Analysts have nudged their price target for Power Grid Corporation of India up from ₹267.0 to ₹283.0, linking this change to updated assumptions around revenue growth, profit margin, discount rate, and future P/E. What's in the News A board meeting is scheduled on June 26, 2026 to consider raising foreign currency funds through External Commercial Borrowings of up to US$500 million from domestic and foreign banks (source: company board agenda).
Narrative Update • Jun 22
POWERGRID: Upcoming Leadership And Infrastructure Investments Will Support Future Upside Potential
Analysts have nudged their fair value estimate for Power Grid Corporation of India slightly higher, from ₹390.00 to about ₹392.10, citing updated assumptions for revenue growth, profit margins and the stock's future P/E profile. What’s in the News for Power Grid Corporation of India Board meeting on June 10, 2026 approved the appointment of Shri Venkata Subrahamanayam Vallurie, currently Chief General Manager (F&A), as Chief Financial Officer with effect from July 1, 2026, following more than 32 years with Power Grid Corporation of India across multiple finance roles.
Narrative Update • Jun 07
POWERGRID: Subsidiary Merger Plan Will Support Future Returns
Narrative Update on Power Grid Corporation of India Analysts have revised their price target on Power Grid Corporation of India from ₹309.13 to ₹328.80, citing updated assumptions around revenue growth, profit margins, the discount rate and future P/E as the key drivers of the change. What's in the News A board meeting on Mar 19, 2026 will consider merging 28 wholly owned subsidiaries into 2 other wholly owned subsidiaries, revising an earlier plan that covered 11 subsidiaries, according to a board agenda filing.Narrative Update • May 24
POWERGRID: Upcoming Dividend Decision Will Support Future Upside Potential
Analysts have lifted their price target on Power Grid Corporation of India from ₹384.09 to ₹390.00, citing updated assumptions that combine a higher projected revenue growth rate with a lower profit margin and a slightly higher future P/E multiple. What's in the News A board meeting is scheduled for May 15, 2026 to review and approve audited financial results for the year ended March 31, 2026 and to consider a final dividend recommendation for FY 2025-26, subject to shareholder approval at the AGM (company filing).Analysis Article • May 23
Power Grid Corporation of India's (NSE:POWERGRID) Earnings Offer More Than Meets The Eye
Power Grid Corporation of India Limited's ( NSE:POWERGRID ) solid earnings announcement recently didn't do much to the...Recent updates
Narrative Update • Jul 06
POWERGRID: Forward P/E And Funding Plans Will Support Fairly Valued Outlook
Analysts have nudged their price target for Power Grid Corporation of India up from ₹267.0 to ₹283.0, linking this change to updated assumptions around revenue growth, profit margin, discount rate, and future P/E. What's in the News A board meeting is scheduled on June 26, 2026 to consider raising foreign currency funds through External Commercial Borrowings of up to US$500 million from domestic and foreign banks (source: company board agenda).Narrative Update • Jun 22
POWERGRID: Upcoming Leadership And Infrastructure Investments Will Support Future Upside Potential
Analysts have nudged their fair value estimate for Power Grid Corporation of India slightly higher, from ₹390.00 to about ₹392.10, citing updated assumptions for revenue growth, profit margins and the stock's future P/E profile. What’s in the News for Power Grid Corporation of India Board meeting on June 10, 2026 approved the appointment of Shri Venkata Subrahamanayam Vallurie, currently Chief General Manager (F&A), as Chief Financial Officer with effect from July 1, 2026, following more than 32 years with Power Grid Corporation of India across multiple finance roles.Narrative Update • Jun 07
POWERGRID: Subsidiary Merger Plan Will Support Future Returns
Narrative Update on Power Grid Corporation of India Analysts have revised their price target on Power Grid Corporation of India from ₹309.13 to ₹328.80, citing updated assumptions around revenue growth, profit margins, the discount rate and future P/E as the key drivers of the change. What's in the News A board meeting on Mar 19, 2026 will consider merging 28 wholly owned subsidiaries into 2 other wholly owned subsidiaries, revising an earlier plan that covered 11 subsidiaries, according to a board agenda filing.Narrative Update • May 24
POWERGRID: Upcoming Dividend Decision Will Support Future Upside Potential
Analysts have lifted their price target on Power Grid Corporation of India from ₹384.09 to ₹390.00, citing updated assumptions that combine a higher projected revenue growth rate with a lower profit margin and a slightly higher future P/E multiple. What's in the News A board meeting is scheduled for May 15, 2026 to review and approve audited financial results for the year ended March 31, 2026 and to consider a final dividend recommendation for FY 2025-26, subject to shareholder approval at the AGM (company filing).Analysis Article • May 23
Power Grid Corporation of India's (NSE:POWERGRID) Earnings Offer More Than Meets The Eye
Power Grid Corporation of India Limited's ( NSE:POWERGRID ) solid earnings announcement recently didn't do much to the...Narrative Update • May 08
POWERGRID: Dividend Visibility And Subsidiary Merger Streamlining Will Support Future Upside
Analysts have lifted their price target on Power Grid Corporation of India to ₹384 from ₹378, citing updated assumptions that combine higher projected revenue growth with a slightly lower profit margin, along with a marginally different discount rate and future P/E estimate. What's in the News Board meeting scheduled for May 16, 2026 to review audited financial results for FY 2025-26 and to consider a final dividend recommendation, subject to shareholder approval at the upcoming AGM (company disclosure).Narrative Update • Apr 21
POWERGRID: Dividend Momentum And Subsidiary Merger Simplification Will Support Future Upside
Analysts have made a small reduction in their price target for Power Grid Corporation of India to around ₹378 from about ₹379, citing updated assumptions that keep revenue growth and margins broadly in line with prior expectations while slightly adjusting the future P/E input. What's in the News Vamsi Rama Mohan Burra has been appointed Managing Director, after previously serving as Director (Projects) and holding senior roles across projects, procurement, regulatory affairs, asset management and telecom.Narrative Update • Apr 06
POWERGRID: Future P/E Expansion Will Outrun Weakening Margins And Modest Revenue Outlook
Analysts have adjusted their price target on Power Grid Corporation of India to ₹267 from ₹260, citing updated assumptions that combine a small change in profit margin and P/E expectations with a shift in projected revenue growth from a decline of 0.59% to growth of 0.42%. What's in the News Board meeting scheduled on 19 March 2026 to review a revised proposal to merge or amalgamate 28 wholly owned subsidiaries into 2 other wholly owned subsidiaries, replacing an earlier plan that covered 11 subsidiaries (Board Meeting).Narrative Update • Mar 23
POWERGRID: Dividend Strength And Subsidiary Merger Plans Will Support Upside
Analysts have trimmed their price target for Power Grid Corporation of India by about ₹2, reflecting slightly adjusted views on fair value, revenue growth assumptions, profit margin expectations and future P/E levels. What's in the News Board meeting on March 19, 2026 to review a revised merger plan to combine 28 wholly owned subsidiaries into 2 other wholly owned subsidiaries, replacing an earlier proposal that covered 11 subsidiaries, along with related merger schemes (Key Developments).Narrative Update • Mar 09
POWERGRID: Dividend Payouts Will Support Upside Potential
Analysts have trimmed their fair value estimate for Power Grid Corporation of India slightly to ₹381.14 from ₹381.77, reflecting updated assumptions around revenue growth, profit margins, and future P/E levels while keeping the discount rate unchanged. What's in the News A board meeting is scheduled on 9 March 2026 to consider raising funds through unsecured rupee term loans or bank lines of credit, which could affect the company’s capital structure and funding flexibility (company filing).Narrative Update • Feb 22
POWERGRID: Dividend Momentum And Subsidiary Merger Moves Will Support Upside Potential
Analysts have raised their fair value estimate for Power Grid Corporation of India from ₹375.00 to approximately ₹381.77, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E as the main factors behind the revised price target. What's in the News A board meeting is scheduled for January 30, 2026 to review unaudited financial results for the quarter and nine months ended December 31, 2025, and to consider a 2nd interim dividend for FY 2025-26, if any (company filing).Narrative Update • Feb 08
POWERGRID: Future P/E Expansion Will Outpace Slowing Revenue And Margin Profile
Analysts have lifted their fair value estimate for Power Grid Corporation of India from ₹247.81 to ₹260.00, citing updated assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News The board is scheduled to meet on January 30, 2026 to review unaudited financial results for the quarter and nine months ended December 31, 2025 and to consider a 2nd interim dividend for FY 2025-26, if any (company filing).Analysis Article • Feb 05
Power Grid Corporation of India (NSE:POWERGRID) Will Pay A Dividend Of ₹3.25
Power Grid Corporation of India Limited ( NSE:POWERGRID ) will pay a dividend of ₹3.25 on the 27th of February. This...Analysis Article • Feb 04
Power Grid Corporation of India Limited Just Recorded A 5.9% Revenue Beat: Here's What Analysts Think
It's been a pretty great week for Power Grid Corporation of India Limited ( NSE:POWERGRID ) shareholders, with its...Narrative Update • Jan 25
POWERGRID: Upcoming Dividend Review And Subsidiary Merger Will Support Long Term Upside
Analysts have slightly reduced their price target for Power Grid Corporation of India to ₹309 from about ₹312, citing updated fair value estimates that reflect modestly adjusted assumptions for revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled on January 30, 2026 to review unaudited financial results for the quarter and nine months ended December 31, 2025 and to consider a 2nd interim dividend for FY 2025-26, if any (company filing).Analysis Article • Jan 23
Power Grid Corporation of India (NSE:POWERGRID) Has Some Way To Go To Become A Multi-Bagger
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Jan 09
POWERGRID: Planned Bond Issue Will Support Long Term Upside Potential
Narrative Update on Power Grid Corporation of India Analysts have trimmed their price target slightly for Power Grid Corporation of India, with revised fair value moving from ₹312.26 to about ₹311.65, citing updated assumptions that pair more moderate revenue growth with a marginally higher profit margin and a slight adjustment to future P/E expectations. What's in the News Energy Efficiency Services Ltd.Narrative Update • Dec 24
POWERGRID: Upcoming Bond Issue Will Support Attractive Long Term Upside Potential
Narrative Update on Power Grid Corporation of India Analysts have marginally reduced their price target on Power Grid Corporation of India by around ₹1 to approximately ₹312 per share. This reflects a slightly more conservative fair value assessment while leaving key assumptions on growth, profitability, and valuation multiples broadly unchanged.Analysis Article • Dec 15
These 4 Measures Indicate That Power Grid Corporation of India (NSE:POWERGRID) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Dec 10
POWERGRID: Upcoming Bond Issue Will Support Attractive Long Term Upside Potential
Analysts have maintained their price target for Power Grid Corporation of India at ₹313.57 per share, noting that only marginal tweaks to long term revenue growth, profit margin assumptions and future valuation multiples were insufficient to justify a change in fair value. What's in the News Board meeting scheduled on November 17, 2025 to consider issuing unsecured, non convertible, non cumulative, redeemable, taxable bonds under the "POWERGRID Bond LXXXIII (83rd) Issue" via private placement, along with other business matters (company filing) Change in joint statutory auditors for FY 2025 26, with M/s.Narrative Update • Nov 26
POWERGRID: Upcoming Bond Issue And Interim Dividend Will Drive Shareholder Value
Analysts have slightly lowered their price target for Power Grid Corporation of India from ₹316.04 to ₹313.57. This change reflects updated expectations for revenue growth and profit margins in the near term.Narrative Update • Nov 09
POWERGRID: Interim Dividend And Auditor Changes Will Strengthen Shareholder Returns Outlook
Narrative Update on Power Grid Corporation of India Analysts have slightly reduced their price target for Power Grid Corporation of India from ₹319 to ₹316.04, citing changes in underlying growth and profitability assumptions. What's in the News The Board of Directors will meet on November 3, 2025, to review and approve unaudited financial results for the quarter and half-year ended September 30, 2025.Analysis Article • Nov 05
Calculating The Intrinsic Value Of Power Grid Corporation of India Limited (NSE:POWERGRID)
Key Insights Power Grid Corporation of India's estimated fair value is ₹245 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Sep 20
Earnings Working Against Power Grid Corporation of India Limited's (NSE:POWERGRID) Share Price
Power Grid Corporation of India Limited's ( NSE:POWERGRID ) price-to-earnings (or "P/E") ratio of 17.3x might make it...Analysis Article • Aug 03
Power Grid Corporation of India (NSE:POWERGRID) Is Paying Out Less In Dividends Than Last Year
Power Grid Corporation of India Limited ( NSE:POWERGRID ) has announced that on 25th of September, it will be paying a...
New Narrative • Nov 10
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.Shareholder Returns
| POWERGRID | IN Electric Utilities | IN Market | |
|---|---|---|---|
| 7D | 1.6% | 0.9% | -1.0% |
| 1Y | -1.3% | 9.3% | -1.5% |
Return vs Industry: POWERGRID underperformed the Indian Electric Utilities industry which returned 9.3% over the past year.
Return vs Market: POWERGRID matched the Indian Market which returned -1.5% over the past year.
Price Volatility
| POWERGRID volatility | |
|---|---|
| POWERGRID Average Weekly Movement | 2.6% |
| Electric Utilities Industry Average Movement | 4.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 3.7% |
Stable Share Price: POWERGRID has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: POWERGRID's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 9,048 | Vamsi Rama Burra | www.powergrid.in |
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.
Power Grid Corporation of India Limited Fundamentals Summary
| POWERGRID fundamental statistics | |
|---|---|
| Market cap | ₹2.70t |
| Earnings (TTM) | ₹159.28b |
| Revenue (TTM) | ₹467.33b |
16.8x
P/E Ratio5.7x
P/S RatioIs POWERGRID overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| POWERGRID income statement (TTM) | |
|---|---|
| Revenue | ₹467.33b |
| Cost of Revenue | ₹0 |
| Gross Profit | ₹467.33b |
| Other Expenses | ₹308.05b |
| Earnings | ₹159.28b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 17.13 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.08% |
| Debt/Equity Ratio | 150.9% |
How did POWERGRID perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield53%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/24 11:33 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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
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 44 analysts. 8 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 |
|---|---|
| Vishal Biraia | 360 ONE Capital Market Private Limited |
| Satyadeep Jain | Ambit Capital |
| Nitin Bhasin | Ambit Capital |