NSE POWERGRID · BSE 532898 · Electric Utilities · NIFTY 50
Power Grid Corporation of India Share Price
Power Grid Corporation of India Overview
Where the price stands, how it has moved and how it sits against its averages.
Power Grid Corporation of India shares last traded at ₹266.75 on the NSE, down 1.66% on the day. That is 17.9% below the 52-week high of ₹324.80 and 6.7% above the 52-week low of ₹250.05. The stock trades at 16.75× earnings, above the sector average of 15.27. Its market value is ₹2,47,303 Cr.
Price returns
Against the market: 1 Month ▲ +5.49% · 3 Months ▼ −4.43% · 6 Months ▼ −7.86% · This year ▲ +16.30% · 1 Year ▲ +2.73%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 3 of 6
- 100-day average₹284.03 ▼ price 6.1% below
- 300-day average₹283.83 ▼ price 6.0% below
- 50-day average₹273.71 ▼ price 2.5% below
- Today's price₹266.75
- 20-day average₹266.46 ▲ price 0.1% above
- 10-day average₹266.42 ▲ price 0.1% above
- 5-day average₹265.78 ▲ price 0.4% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Power Grid Corporation of India Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹46,733 Cr | ▲ +2.1% | ₹18,702 Cr | 40.0% | ₹17.13 | ₹9.00 |
| FY 2025 | ₹45,792 Cr | ▼ −0.1% | ₹15,245 Cr | 33.3% | ₹16.69 | ₹9.00 |
| FY 2024 | ₹45,843 Cr | ▲ +0.6% | ₹16,145 Cr | 35.2% | ₹16.74 | ₹11.25 |
| FY 2023 | ₹45,581 Cr | ▲ +9.5% | ₹15,169 Cr | 33.3% | ₹16.58 | ₹11.06 |
| FY 2022 | ₹41,616 Cr | ▲ +5.0% | ₹17,354 Cr | 41.7% | ₹18.09 | ₹8.81 |
| FY 2021 | ₹39,640 Cr | ▲ +5.0% | ₹11,675 Cr | 29.5% | ₹12.94 | ₹7.31 |
| FY 2020 | ₹37,744 Cr | — | ₹9,376 Cr | 24.8% | ₹11.89 | ₹5.63 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹11,497 Cr | ▼ −1.4% | ₹3,705 Cr | 32.2% | ₹3.87 |
| Q4 FY26 | ₹11,666 Cr | ▼ −5.9% | ₹8,309 Cr | 71.2% | ₹4.89 |
| Q3 FY26 | ₹12,395 Cr | ▲ +8.0% | ₹3,926 Cr | 31.7% | ₹4.50 |
| Q2 FY26 | ₹11,476 Cr | ▲ +2.5% | ₹3,049 Cr | 26.6% | ₹3.84 |
| Q1 FY26 | ₹11,196 Cr | ▼ −8.8% | ₹3,418 Cr | 30.5% | ₹3.90 |
| Q4 FY25 | ₹12,275 Cr | ▲ +9.3% | ₹4,092 Cr | 33.3% | ₹4.46 |
| Q3 FY25 | ₹11,233 Cr | ▼ −0.4% | ₹3,819 Cr | 34.0% | ₹4.15 |
| Q2 FY25 | ₹11,278 Cr | — | ₹3,547 Cr | 31.5% | ₹4.08 |
Balance sheet — FY26
- Total assets₹2,94,727 Cr
- Total liabilities₹1,94,233 Cr
- Shareholders' equity₹1,00,494 Cr
- Total debt₹1,48,071 Cr
- Cash & investments₹9,138 Cr
- Current ratio0.57×
- Revenue growth, 5 yr3.35% a year
- EPS growth, 5 yr5.76% a year
- Operating margin (TTM)53.88%
- Net margin (TTM)40.37%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 37,743.54 | 39,639.79 | 41,616.34 | 45,581.28 | 45,843.10 | 45,792.32 | 46,732.87 |
| Cost of revenue | 385.32 | 531.62 | 634.56 | 448.07 | 510.88 | 556.52 | 583.07 |
| Gross profit | — | — | — | — | — | — | — |
| Operating expenses | 16,084.70 | 17,607.61 | 14,492.50 | 18,769.43 | 18,780.21 | 19,095.96 | 20,370.16 |
| Operating income | 21,658.84 | 22,032.18 | 27,123.84 | 26,811.85 | 27,062.89 | 26,696.36 | 26,362.71 |
| Depreciation | 11,958.50 | 12,388.58 | 13,261.64 | 13,817.78 | 13,567.13 | 13,405.50 | 13,567.29 |
| Profit before tax | 12,906.75 | 15,139.03 | 20,139.38 | 17,453.05 | 19,085.34 | 19,017.89 | 17,321.03 |
| Tax | 3,530.75 | 3,464.25 | 2,785.57 | 2,284.50 | 2,940.79 | 3,772.76 | −1,381.31 |
| Net profit | 9,376.00 | 11,674.78 | 17,353.81 | 15,168.55 | 16,144.55 | 15,245.13 | 18,702.34 |
| EPS (₹) | 11.89 | 12.94 | 18.09 | 16.58 | 16.74 | 16.69 | 17.13 |
| Dividend per share (₹) | 5.63 | 7.31 | 8.81 | 11.06 | 11.25 | 9.00 | 9.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 2,56,653.22 | 2,55,689.47 | 2,55,198.39 | 2,52,273.06 | 2,50,890.52 | 2,66,107.19 | 2,94,727.26 |
| Current assets | 18,111.93 | 25,386.11 | 26,270.33 | 25,922.75 | 27,052.55 | 29,499.26 | 30,658.12 |
| Cash & short-term investments | 5,417.62 | 6,050.64 | 11,204.87 | 7,354.67 | 8,070.16 | 10,045.30 | 9,138.06 |
| Inventory | 1,436.75 | 1,376.69 | 1,357.17 | 1,355.41 | 1,417.53 | 1,810.05 | 2,172.63 |
| Property, plant & equipment | 2,14,355.97 | 2,06,790.53 | 2,02,848.25 | 1,97,518.63 | 1,94,304.24 | 2,04,154.37 | 2,18,624.49 |
| Total liabilities | 1,91,957.87 | 1,85,753.40 | 1,78,942.10 | 1,69,246.77 | 1,63,745.41 | 1,73,444.38 | 1,94,233.23 |
| Current liabilities | 30,081.58 | 30,553.58 | 39,495.00 | 30,064.90 | 34,420.82 | 40,245.12 | 53,798.35 |
| Total debt | 1,48,286.67 | 1,43,232.50 | 1,38,875.86 | 1,28,583.81 | 1,23,516.21 | 1,31,030.21 | 1,48,070.60 |
| Total equity | 64,695.35 | 69,936.07 | 76,256.29 | 83,026.29 | 87,145.11 | 92,662.81 | 1,00,494.03 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 30,738.63 | 29,131.64 | 26,123.52 | 40,202.87 | 37,289.50 | 36,223.29 | 40,800.33 |
| From investing | −10,733.49 | −8,972.95 | 752.79 | −7,138.25 | −13,114.39 | −23,533.27 | −35,310.24 |
| From financing | −18,805.84 | −20,521.05 | −28,966.94 | −30,449.56 | −25,903.33 | −12,357.18 | −4,006.26 |
| Capital expenditure | −11,367.12 | −9,363.55 | −7,966.22 | −8,242.63 | −11,403.74 | −24,134.04 | −37,279.14 |
| Dividends paid | −4,425.92 | −6,821.99 | −10,811.96 | −8,544.93 | −11,218.85 | −9,765.64 | −8,370.55 |
| Net change in cash | 1,199.30 | −362.36 | −2,090.63 | 2,615.06 | −1,728.22 | 332.84 | 1,483.83 |
What Analysts Say
Recommendations from 25 analysts who cover Power Grid Corporation of India.
▲ 16 bullish (64.0%) · 6 hold (24.0%) · ▼ 3 bearish (12.0%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 7 | 7 | 7 | ▼ −1 |
| Buy | 6 | 6 | 7 | 9 | 9 | ▲ +3 |
| Hold | 6 | 6 | 6 | 6 | 6 | — |
| Sell | 3 | 3 | 3 | 3 | 3 | — |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | — |
Analyst ratings are opinions, not a guarantee of returns.
Power Grid Corporation of India vs Peers
Side by side with other electric utilities companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Power Grid Corporation of India | ₹266.75 | ▼ −1.66% | ₹2,47,303 Cr | 16.75 | 2.50 | 18.68% | 40.37% | 3.33% | This stock |
| Adani Power | ₹199.50 | ▼ −2.66% | ₹3,84,730 Cr | 32.24 | 6.37 | 33.40% | 23.91% | — | Moderately Bearish |
| Adani Green Energy | ₹1,287.10 | ▼ −0.76% | ₹2,12,008 Cr | 129.20 | 12.49 | 13.17% | 12.14% | — | Moderately Bearish |
| Adani Energy Solutions | ₹1,340.15 | ▼ −2.75% | ₹1,64,762 Cr | 90.17 | 8.14 | 9.44% | 8.49% | — | Moderately Bearish |
| Siemens Energy India | ₹3,211.55 | ▼ −0.08% | ₹1,14,673 Cr | 109.04 | 27.52 | — | 14.99% | 0.12% | Neutral |
| Tata Power Company | ₹363.40 | ▼ −1.38% | ₹1,16,119 Cr | 30.34 | 3.05 | 11.26% | 8.20% | 0.66% | Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Power Grid Corporation of India Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 2.47× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 106 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield3.33%
- Payout ratio52.55%
- 5-year average dividend₹9.83 a share
- Latest dividend₹1.25 per share · 13 Aug 2026
Corporate calendar
- Upcoming · BoardOthers
- BoardTo consider issuance of Taxable Bonds
- Dividend₹1.25 per share · 13% · Final dividend
- BoardQuarterly Results
- BoardOthers
- BoardTo consider Fund Raising
- BoardTo consider Fund Raising & Others
- BoardAudited Results & Final Dividend
- BoardAudited Results & Final Dividend
Show 14 older events
- Dividend₹3.25 per share · 33% · Interim dividend
- Dividend₹4.50 per share · 45% · Interim dividend
- MeetingAnnual General Meeting
- Dividend₹1.25 per share · 13% · Final dividend
- Dividend₹3.25 per share · 33% · Interim dividend
- Dividend₹4.50 per share · 45% · Interim dividend
- MeetingAnnual General Meeting
- Dividend₹2.75 per share · 28% · Final dividend
- Dividend₹4.50 per share · 45% · Interim dividend
- BonusBonus issue in the ratio of 1:3 of Rs. 10/-.
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
- BonusBonus issue in the ratio of 1:3 of Rs. 10/-.
- MeetingExtraordinary General Meeting
About Power Grid Corporation of India
Electric Utilities
Power Grid Corporation of India Limited is an electric power transmission utility company. The Company is primarily engaged in the implementation, operation and maintenance of Inter-State Transmission System (ISTS), telecom and consultancy services as its business segments. The transmission business involves operating and maintaining its transmission assets to power supply for customers. It operates the telecom business through its wholly owned subsidiary, namely, POWERGRID Teleservices Limited under the brand name PowerTel. It provides consultancy solutions in the transmission, distribution and telecom sectors, including system studies, design, engineering, load dispatch, optical ground wire (OPGW) on intra-state transmission network, procurement management, operational & maintenance and project management. Alongside, it provides consultancy for implementation of intra-state transmission network and smart grid projects, energy efficiency & energy audit, capacity building assignments.
Key people
- Burra Vamsi Rama MohanExecutive Chairman, Managing Director, Director (Projects)
- Venkata Subrahamanayam VallurieChief Financial Officer
- Yatindra DwivediFinance Director, Director (Personnel), Whole Time Director
- Ganesan RavisankarDirector (Finance), Whole Time Director
- Doman YadavChief Information Security Officer, Executive Director
- Anjana LuthraCompliance Officer, Company Secretary
Company facts
- NSE symbolPOWERGRID
- BSE code532898
- ISININE752E01010
- IndustryElectric Utilities
- IndexNIFTY 50, NIFTY 500
- Market cap₹2,47,303 Cr
- Revenue (FY26)₹46,733 Cr
- Net profit (FY26)₹18,702 Cr
In the News
Recent headlines about Power Grid Corporation of India — they open on Mint in a new tab.
- Maharatna PSU stock Power Grid to raise ₹5,000 crore through bonds: Check issue size, tenure and details
Power Grid Corporation of India plans to raise ₹5,000 crore through a private bond placement, approved by its Committee of Directors. The bonds are unsecured and will be listed on BSE and NSE, with a 10-year tenure and annual redemptions starting after four years.
18 Sep 2026 · 2 min read · Mint ↗ - Adani Energy vs CESC vs Tata Power vs NTPC vs Power Grid: Which stock has more upside? Target price by PL Capital
Adani Energy, Coal India, Tata Power, NTPC, and Power Grid are set to benefit from upcoming power transmission projects. According to PL Capital, CESC is expected to deliver the highest return of 54%, while NTPC and Power Grid also have positive outlooks. Check target price
18 Sep 2026 · 2 min read · Mint ↗ - Parag Parikh Flexi Cap Fund: What it bought and sold in August 2026; top 10 holdings revealed
Parag Parikh Flexi Cap Fund, India’s largest mutual fund scheme, added DLF and Knowledge Realty Trust in August 2026 and exited one REIT. It also raised exposure to 10 holdings and trimmed one. Here’s what you need to know.
9 Sep 2026 · 3 min read · Mint ↗ - Top stocks to watch today: Reason why these shares are in focus for Friday's trading session | Full list
UltraTech Cement, Power Grid Corporation of India, Sterlite Technologies, Solex Energy, CreditAccess Grameen, Innovision, Ramco Systems, and Welspun Investments are among the stocks likely to remain in focus in trade on September 4.
4 Sep 2026 · 2 min read · Mint ↗ - Top stocks to watch today: Reason why these shares are in focus for Thursday's trading session | Full list
Indian investors will focus on RBL Bank, Power Grid, Paisalo Digital, NHPC, ICICI Bank, India Cements, and Meesho after recent announcements.
3 Sep 2026 · 2 min read · Mint ↗ - Stocks to watch: Reliance Industries, Power Grid, IREDA among shares to be in focus today. Details here
Stock market today: Gift Nifty was trading near the 24,329.50 mark, up over 43.50 points from the previous close of Nifty futures.
24 Aug 2026 · 3 min read · Mint ↗ - Nifty 50 falls for 7th straight session, longest losing streak since Sept 2025; what keeps stock market under pressure?
The Nifty closed at 24,078.30, down 77 points, or 0.32%, while the 30-share pack Sensex ended with a loss of 326 points, or 0.42%, at 76,909.68.
19 Aug 2026 · 3 min read · Mint ↗ - Sensex crashes almost 500 points, Nifty 50 extends losses for 6th consecutive session
The Sensex crashed 493 points, or 0.63%, to end at 77,235.46 on Tuesday, 18 August, while the NSE barometer Nifty 50 extended losses for the sixth consecutive session, ending with a loss of 133 points, or 0.55%, at 24,154.90.
18 Aug 2026 · 3 min read · Mint ↗
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