POWERGRID

Power Grid Corporation of India

₹344.2
+ 4.75 (1.4%)
  • Advice
  • Hold
27 July, 2024 07:48 BSE: 532898 NSE: POWERGRID ISIN: INE752E01010

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Power Grid Corporation of India Performance

Day Range

  • Low 339
  • High 346
₹ 344

52 Week Range

  • Low 180
  • High 349
₹ 344
  • Open Price340
  • Previous Close339
  • Volume11468068

Power Grid Corporation of India Share Price

  • Over 1 Month + 5.36%
  • Over 3 Month + 17.78%
  • Over 6 Month + 40.2%
  • Over 1 Year + 82.84%

Power Grid Corporation of India Key Statistics

P/E Ratio 20.4
PEG Ratio 6.4
Market Cap Cr
Price to Book Ratio 3.7
EPS 16.5
Dividend 3.5
Relative Strength Index 60.04
Money Flow Index 66.78
MACD Signal 4.93
Average True Range 9.16
Power Grid Corporation of India Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 10,06811,05110,67710,41910,43611,495
Operating Expenses Qtr Cr 1,3241,9081,2761,2121,3371,360
Operating Profit Qtr Cr 8,7449,1429,4019,2079,10010,134
Depreciation Qtr Cr 3,0733,1163,1593,1423,1613,214
Interest Qtr Cr 2,1602,0212,5162,3892,1292,520
Tax Qtr Cr 820906660509568956
Net Profit Qtr Cr 3,4124,1283,9703,8343,5434,214
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 45,81545,968
Operating Expenses Annual Cr 5,6366,069
Operating Profit Annual in Cr 36,75537,274
Depreciation Cr 12,55812,940
Interest Annual Cr 9,0479,744
Tax Annual Cr 2,6322,138
Net Profit Annual Cr 15,47515,333
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 34,79035,268
Cash from Investing Activity Annual Cr -10,434-4,316
Cash from Financing Annual Activity Cr -25,882-29,264
Net Cash Flow Annual Cr -1,5261,689
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 86,86782,833
Fixed Assets Annual Cr 172,375179,977
Total Non Current Assets Annual Cr 212,123214,067
Total Current Assets Annual Cr 33,29832,227
Total Assets Annual Cr 245,421246,294
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 93119
ROE Annual % 1819
ROCE Annual % 1313
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 9592
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 11,00611,97811,55011,26711,04812,264
Operating Expenses Qtr Cr 1,4041,8791,3371,3591,3661,354
Operating Profit Qtr Cr 9,60210,09910,2139,9089,68310,910
Depreciation Qtr Cr 3,2003,2593,2933,2773,2663,314
Interest Qtr Cr 2,0391,9282,4462,3412,0572,475
Tax Qtr Cr 8799587885746211,015
Net Profit Qtr Cr 3,7244,1664,0283,7813,5974,320
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 46,91346,606
Operating Expenses Annual Cr 5,9406,103
Operating Profit Annual in Cr 39,90339,478
Depreciation Cr 13,09513,333
Interest Annual Cr 8,7739,634
Tax Annual Cr 2,9412,285
Net Profit Annual Cr 15,57315,417
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 37,29038,005
Cash from Investing Activity Annual Cr -13,114-6,126
Cash from Financing Annual Activity Cr -25,903-29,264
Net Cash Flow Annual Cr -1,7282,615
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 87,14583,015
Fixed Assets Annual Cr 195,958199,209
Total Non Current Assets Annual Cr 214,296215,393
Total Current Assets Annual Cr 36,59534,903
Total Assets Annual Cr 250,891250,296
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 94119
ROE Annual % 1819
ROCE Annual % 1313
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 8989

Power Grid Corporation of India Technicals

EMA & SMA

Current Price
₹344.2
+ 4.75 (1.4%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹336.84
  • 50 Day
  • ₹325.99
  • 100 Day
  • ₹307.76
  • 200 Day
  • ₹277.88
  • 20 Day
  • ₹338.34
  • 50 Day
  • ₹326.70
  • 100 Day
  • ₹306.17
  • 200 Day
  • ₹269.50

Power Grid Corporation of India Resistance and Support

PIVOT
₹342.75
Resistance
First Resistance 347.00
Second Resistance 349.80
Third Resistance 354.05
RSI 60.04
MFI 66.78
MACD Single Line 4.93
MACD 4.07
Support
First Support 339.95
Second Support 335.70
Third Supoort 332.90

Power Grid Corporation of India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 11,971,627 671,009,693 56.05
Week 13,735,913 770,447,383 56.09
1 Month 13,315,479 759,914,400 57.07
6 Month 21,399,411 1,164,341,963 54.41

Power Grid Corporation of India Result Highlights

Power Grid Corporation of India Synopsis

NSE-Utility-Electric Power

Power Grid Corpo is involved in the business activities of Transmission of electric energy. Company’s Total Operating Revenue is Rs. 43343.05 Cr. and Equity Capital is Rs. 6975.45 Cr. for the Year ended 31/03/2023. Power Grid Corporation of India Ltd. is a Public Limited Listed company incorporated on 23/10/1989 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L40101DL1989GOI038121 and registration number is 038121.
Market Cap 320,127
Sales 42,215
Shares in Float 455.73
No of funds 1432
Yield 3.27
Book Value 3.69
U/D Vol ratio 1.5
LTDebt / Equity 121
Alpha 0.09
Beta 1.35

Power Grid Corporation of India Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 51.34%51.34%51.34%51.34%
Mutual Funds 11.61%10.91%10.52%9.49%
Insurance Companies 3.71%3.57%3.48%2.96%
Foreign Portfolio Investors 28.73%29.82%30.51%32.01%
Financial Institutions/ Banks 0.05%0.03%
Individual Investors 3.07%3.04%2.9%2.94%
Others 1.49%1.32%1.25%1.23%

Power Grid Corporation of India Management

Name Designation
Mr. K Sreekant Chairman & Managing Director
Mr. Ravindra Kumar Tyagi Director - Operations
Mr. Abhay Choudhary Director - Projects
Mr. Ravisankar Ganesan Director - Finance
Mr. Chetan Bansilal Kankariya Independent Director
Mr. Ram Naresh Tiwari Independent Director
Mr. K N Onkarappa Independent Director
Mr. Dilip Nigam Government Nominee Director
Mr. Saibaba Darbamulla Government Nominee Director

Power Grid Corporation of India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Power Grid Corporation of India Corporate Action

Date Purpose Remarks
2024-07-26 Quarterly Results
2024-07-10 Others To consider and approve enhancement of Borrowing Limits for FY 2024-25 and Raising of Funds for FY 2025-26. alia, i. Raise funds up to Rs. 6,000 Crore, from domestic market through issue of secured I unsecured, instruments under Private Placement during the Financial Year 2023-24.
2024-05-22 Audited Results & Final Dividend
2024-04-17 Others
2024-03-04 Others Inter alia, to consider and approve the Issue of Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds as 'POWERGRID Bond - LXXVI (76th) Issue' (NCD) under private placement. alia, i. Raise funds up to Rs. 6,000 Crore, from domestic market through issue of secured I unsecured, instruments under Private Placement during the Financial Year 2023-24.
Date Purpose Remarks
2024-02-15 INTERIM Rs.4.50 per share(45%)Second Interim Dividend
2023-11-16 INTERIM Rs.4.00 per share(40%)Interim Dividend
2023-08-08 FINAL Rs.4.75 per share(47.5%)Final Dividend
2023-02-08 INTERIM Rs.5.00 per share (50%) Second Interim Dividend
2022-11-15 INTERIM Rs.5.00 per share(50%)Interim Dividend
Date Purpose Remarks
2023-09-12 Bonus Rs.0.00 issue in the ratio of 1:3 of Rs. 10/-.
2021-07-30 Bonus Rs.0.00 issue in the ratio of 1:3 of Rs. 10/-.

Power Grid Corporation of India MF Shareholding

About Power Grid Corporation of India

Established in 1986, Power Grid Corporation of India (POWERGRID) is a government-owned company that plays a critical role in the nation's power sector. They manage the backbone of India's electricity transmission infrastructure, with a vast network exceeding 178,000 circuit kilometers of transmission lines and substations. This extensive network ensures the efficient transmission of electricity across all regions of India, providing a reliable and uninterrupted power supply for millions of consumers, homes, and industries.

POWERGRID is a key driver of India's economic growth and development. Their robust infrastructure facilitates the seamless flow of electricity, powering essential services, industries, and urban centers. As the demand for electricity increases, POWERGRID continuously expands and upgrades its transmission network to meet the growing needs of the nation.

POWERGRID remains at the forefront of technological advancements in the power transmission sector. They continuously invest in research and development to enhance transmission efficiency, grid reliability, and integrate renewable energy sources into the national grid. Their focus on innovation includes exploring smart grid technologies, high voltage direct current (HVDC) transmission systems, and integrating distributed generation sources like solar and wind power.
 

Power Grid Corporation of India FAQs

What is Share Price of Power Grid Corporation of India ?

Power Grid Corporation of India share price is ₹344 As on 27 July, 2024 | 07:34

What is the Market Cap of Power Grid Corporation of India ?

The Market Cap of Power Grid Corporation of India is ₹320126.8 Cr As on 27 July, 2024 | 07:34

What is the P/E ratio of Power Grid Corporation of India ?

The P/E ratio of Power Grid Corporation of India is 20.4 As on 27 July, 2024 | 07:34

What is the PB ratio of Power Grid Corporation of India ?

The PB ratio of Power Grid Corporation of India is 3.7 As on 27 July, 2024 | 07:34

Is Power Grid Corporation of India (PowerGrid) a government company?

Power Grid Corporation of India Limited (PowerGrid) is an Indian statutory corporation under the jurisdiction of the Ministry of Power, Government of India, headquartered in Gurugram, India, and primarily engaged in bulk power transmission across various Indian states.

Is Power Grid Corporation of India (PowerGrid) good for long term investment?

Power Grid Corporation of India (PowerGrid) has an operating revenue of INR 41,136.17 Cr. on a trailing 12-month basis. Annual revenue growth of 6% is not great, Pre-tax margin of 39% is great. Power Grid Corporation of India (PowerGrid) has a high debt to equity of 185%, which can be a reason to worry. Institutional holding has gone up in the last reported quarter is a positive sign. Analyst Recommendation on Power Grid Corporation of India (PowerGrid) is BUY.

What is the ROE of Power Grid Corporation of India (PowerGrid)?

Power Grid Corporation of India (PowerGrid) has an exceptional ROE of 17%.

How to Invest in Power Grid Corporation of India (POWERGRID)?

Power Grid Corporation of India shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). To buy the shares, you'll need a demat account with a brokerage firm that allows trading on the relevant exchange.

What Affects Power Grid Corporation of India's Share Price?

Several factors can influence Power Grid Corporation of India's share price, including:
● Financial performance of the company, including profitability and future prospects.
● Overall health of the power transmission and utility sectors.
● Government policies and regulations impacting the industry.
● News and ratings related to Power Grid Corporation of India, including analyst opinions and investor sentiment.

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