Power Grid Corporation of India Limited

Power · Power

NSE: POWERGRID BSE: 532898

₹257.00

Oct. 5, 2026 · NSE · nse_bhavcopy

Peers in Power

The largest companies in the same industry by market cap. This company ranks #3 of 41. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Adani Power Limited	387,622	32.4	19.5%	32.2%	—	72	5	33
NTPC Limited	312,039	13.2	13.0%	-5.1%	2.80%	45	93	13
Power Grid Corporation of India Limited (this stock)	239,026	15.2	15.8%	-10.4%	3.50%	50	50	14
Adani Green Energy Limited	211,497	405.0	5.8%	21.2%	—	17	0	66
Adani Energy Solutions Limited	162,582	350.6	9.0%	46.1%	—	29	0	29
Tata Power Company Limited	112,316	127.8	10.8%	-11.1%	—	28	36	14
JSW Energy Limited	90,171	97.8	8.2%	-9.1%	0.41%	36	33	28
NTPC Green Energy Limited	75,913	195.8	2.7%	-8.2%	—	36	19	69

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹381,872 Cr

EV / EBITDA

9.7x

EV / Sales

9.37x

Market cap / Sales

5.86x

Earnings yield

6.56%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 11,370 Cr, up 1.0% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	9,795	4,246	3,411	₹3.6700
March 31, 2026	9,971	3,774	4,553	₹4.9000
Dec. 31, 2025	11,005	5,069	4,160	₹4.4700
Sept. 30, 2025	10,000	3,744	3,555	₹3.8200
June 30, 2025	9,928	4,172	3,653	₹3.9300
March 31, 2025	10,983	5,092	4,336	₹4.6600
Dec. 31, 2024	10,121	4,810	—	₹4.1900
Sept. 30, 2024	10,260	4,144	—	₹3.9900
June 30, 2024	10,068	4,293	—	₹3.6700
March 31, 2024	11,051	5,208	—	₹4.4400
Dec. 31, 2023	10,677	4,517	—	₹4.2700
Sept. 30, 2023	10,419	4,463	—	₹4.0800
June 30, 2023	10,436	4,455	—	₹5.0800

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	11,370	11,955	12,436	11,348	11,257	12,482	11,609	11,383	10,850	12,254	11,468	11,206	11,082
Operating revenue	9,795	9,971	11,005	10,000	9,928	10,983	10,121	10,260	10,068	11,051	10,677	10,419	10,436
Other income	1,575	1,984	1,431	1,349	1,329	1,500	1,488	1,123	782	1,203	791	786	646
Operating expenses	1,684	2,470	1,586	1,990	1,810	1,760	1,598	1,473	1,324	1,908	1,276	1,212	1,337
Operating profit	8,111	7,501	9,419	8,010	8,118	9,223	8,523	8,787	8,744	9,142	9,401	9,207	9,100
Operating profit margin	82.8%	75.2%	85.6%	80.1%	81.8%	84.0%	84.2%	85.6%	86.8%	82.7%	88.0%	88.4%	87.2%
Depreciation	2,925	3,096	3,207	3,056	2,970	3,043	3,074	3,162	3,073	3,116	3,159	3,142	3,161
Interest	2,515	2,614	2,574	2,558	2,304	2,588	2,127	2,605	2,160	2,021	2,516	2,389	2,129
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	4,246	3,774	5,069	3,744	4,172	5,092	4,810	4,144	4,293	5,208	4,517	4,463	4,455
Tax	729	-4,597	1,169	709	733	806	960	680	820	906	660	509	568
Net profit	—	—	—	—	—	—	—	—	—	—	—	—	—
EPS	3.67	4.90	4.47	3.82	3.93	4.66	4.19	3.99	3.67	4.44	4.27	4.08	5.08
Net profit (TTM)	—	—	—	—	—	—	—	—	—	—	—	—	—
EPS (TTM)	16.86	17.12	16.88	16.60	16.77	16.51	16.29	16.37	16.46	17.87	19.47	20.51	21.66

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	40,904	16,759	15,921
March 31, 2025	41,431	18,339	15,354

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Total income (before exceptional items)	0.7%	3.0%	46,996^†	46,325^†	46,009^†	45,968^†	42,336^†	40,527^†	38,318^†	30,766^†	26,581^†
Operating revenue	-1.9%	1.7%	40,904	41,431	42,583^†	43,343^†	39,928^†	37,666^†	36,186^†	29,752^†	25,717^†
Other income	—	—	6,092^†	4,894^†	3,427^†	2,625^†	2,408^†	2,861^†	2,132^†	1,014^†	865^†
Operating expenses	—	—	7,857^†	6,155^†	5,733^†	6,069^†	5,006^†	4,610^†	4,784^†	3,815^†	-1,633^†
Operating profit	-3.9%	0.0%	33,048^†	35,277^†	36,850^†	37,274^†	34,922^†	33,056^†	31,402^†	25,938^†	27,350^†
Operating profit margin	—	—	80.8%^†	85.1%^†	86.5%^†	86.0%^†	87.5%^†	87.8%^†	86.8%^†	87.2%^†	106.3%^†
Depreciation	—	—	12,330^†	12,352^†	12,578^†	12,940^†	12,551^†	11,712^†	11,073^†	9,091^†	7,663^†
Interest	—	—	10,050^†	9,479^†	9,055^†	9,744^†	8,211^†	8,501^†	9,814^†	7,591^†	6,304^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	0^†	3,760^†	-1,079^†	0^†	0^†	-13^†
Profit before tax	-0.9%	2.8%	16,759	18,339	18,644^†	17,215^†	20,327^†	14,626^†	12,647^†	10,270^†	9,487^†
Tax	—	—	-1,986^†	3,266^†	2,643^†	2,138^†	2,711^†	3,089^†	3,520^†	2,238^†	2,050^†
Net profit	—	—	15,921	15,354	—	—	—	—	—	—	—
EPS	-8.0%	-5.6%	17.12^†	16.51^†	17.87^†	21.98^†	24.51^†	22.81^†	20.67^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Operating margin	80.8%^†	85.1%^†	86.5%^†	86.0%^†	87.5%^†	87.8%^†	86.8%^†	87.2%^†	106.3%^†
EBIT margin	65.5%^†	67.1%^†	65.0%^†	62.2%^†	71.5%^†	61.4%^†	62.1%^†	60.0%^†	61.4%^†
PBT margin	41.0%	44.3%	43.8%^†	39.7%^†	50.9%^†	38.8%^†	35.0%^†	34.5%^†	36.9%^†
Net margin	38.9%	37.1%	—	—	—	—	—	—	—
Interest coverage	2.67x^†	2.93x^†	3.06x^†	2.77x^†	3.48x^†	2.72x^†	2.29x^†	2.35x^†	2.50x^†
Dividend payout	52.6%^†	63.6%^†	74.1%^†	55.7%^†	51.0%^†	57.2%^†	40.9%^†	—	—
Earnings retention	47.4%^†	36.4%^†	25.9%^†	44.3%^†	49.0%^†	42.8%^†	59.1%^†	—	—
Current ratio	0.70x	0.74x	—	—	—	—	—	—	—
Quick ratio	0.66x	0.70x	—	—	—	—	—	—	—
Debt to equity	1.48x	1.42x	—	—	—	—	—	—	—
Return on equity	15.9%	16.6%	—	—	—	—	—	—	—
Return on assets	5.7%	6.0%	—	—	—	—	—	—	—
Return on capital employed	11.2%^†	12.4%^†	—	—	—	—	—	—	—
Asset turnover	0.15x	0.16x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	31,983	-26,548	-3,996	5,604	26,378
March 31, 2025	31,357	-17,897	-12,357	4,990	26,367

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	279,435	99,929	90,628	26,937	121,072	28,189	40,489	5,162	150,777	1,447
March 31, 2025	257,870	92,216	82,915	21,107	109,858	24,933	33,505	3,724	152,385	1,378

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.