Power Grid Corporation of India Limited
Power Grid Corporation of India Limited operates in Power - Transmission, part of the Power sector. It booked ₹11,816 cr of revenue in its latest quarter (Q2 FY27) and kept 32.7% of sales as profit. It is the 3rd largest of 9 Power companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Transmission | 39,492 | 40,976 | 44,966 | 44,902 | 44,777 | 44,083 | 97% → 93% |
| Consultancy | 506 | 781 | 537 | 718 | 1,137 | 2,347 | 1% → 5% |
| Telecom | 783 | 669 | 814 | 873 | 1,128 | 1,195 | 2% → 3% |
| Other Unallocated Income | — | — | — | — | — | — | — |
| Assets Classified as Held for Sale | 0 | 0 | 0 | 0 | — | — | — |
| Total | 40,782 | 42,426 | 46,316 | 46,493 | 47,042 | 47,625 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 63% of companies in Power, on all six measures of filed financials. Each measure is ranked against the 10–23 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 53
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in POWERGRID?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹11,816 cr |
| Other Income | ₹239 cr |
| Total Income | ₹12,055 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹704 cr |
| Finance Costs | ₹2,191 cr |
| Depreciation & Amortisation | ₹3,196 cr |
| Other Expenses | ₹1,392 cr |
| Total Expenses | ₹7,483 cr |
| Profit before Tax | ₹4,572 cr |
| Tax Expense | ₹796 cr |
| Share of JV / Associates | ₹-4 cr |
| Net Profit | ₹3,866 cr |
| Net margin on total income | 32.1% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 11,666 cr | 11,497 cr | 11,816 cr |
| Total income | 11,971 cr | 11,697 cr | 12,055 cr |
| Expenses | 8,069 cr | 7,112 cr | 7,483 cr |
| Profit before tax | 3,901 cr | 4,585 cr | 4,572 cr |
| Tax | -4,391 cr | 883 cr | 796 cr |
| Net profit (owners' share) | 4,546 cr | 3,598 cr | 3,866 cr |
| Net margin (owners' share, on revenue) | 39.0% | 31.3% | 32.7% |
| EPS (₹) | 4.89 | 3.87 | 4.16 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Adani Power Limited | ₹196 | ₹3.77 L cr | 13.6 | 36.1% | 35.6% | — |
| NTPC Limited | ₹322 | ₹3.12 L cr | 11.1 | 13.2% | 13.0% | — |
| Power Grid Corporation of India Limitedthis company | ₹260 | ₹2.41 L cr | 15.6 | 14.5% | 32.7% | — |
| Adani Green Energy Limited | ₹1,339 | ₹2.21 L cr | 83.7 | 12.5% | 15.8% | — |
| Adani Energy Solutions Limited | ₹1,370 | ₹1.67 L cr | 31.1 | 16.9% | 13.1% | — |
| Tata Power Company Limited | ₹357 | ₹1.14 L cr | 24.2 | 11.9% | 6.2% | — |
| JSW Energy Limited | ₹503 | ₹92,127 cr | 21.8 | 11.5% | 16.6% | — |
| NHPC Limited | ₹79 | ₹79,758 cr | 18.2 | 10.6% | 28.8% | — |
| NTPC Green Energy Limited | ₹82 | ₹69,408 cr | 128.7 | 2.8% | 14.7% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹1.25 / share | 13 Aug 2026 |
| Dividend | ₹3.25 / share | 9 Feb 2026 |
| Dividend | ₹4.5 / share | 10 Nov 2025 |
| Dividend | ₹1.25 / share | 19 Aug 2025 |
| Dividend | ₹3.25 / share | 7 Feb 2025 |
| Dividend | ₹4.5 / share | 14 Nov 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.