POWERGRID

Power Grid Corporation Of India Share PricePower Grid Corporation of India

₹211.05
0.85 (0.4%)
As on 30 November, 2023 | 08:55 BSE: 532898 NSE: POWERGRIDISIN: INE752E01010

Power Grid Corporation Of India Performance

Day Range

  • Low 209.10
  • High 211.45
₹ 211.05

52 Week Range

  • Low 153.19
  • High 215.10
₹ 211.05
  • Open Price210.30
  • Previous Close210.20
  • Volume10062023

Start SIP in Power Grid Corporation of India

Start SIP

Power Grid Corporation Of India Share Price

  • Over 1 Month 5.03%
  • Over 3 Month 12.05%
  • Over 6 Month 20%
  • Over 1 Year 28.29%

Power Grid Corporation Of India Key Statistics

P/E Ratio 12.8
PEG Ratio 4.3
Market Cap Cr 196,289
Price to Book Ratio 2.4
EPS 17.6
Dividend 5.4
Relative Strength Index 60.94
Money Flow Index 59.17
MACD Signal 2.52
Average True Range 3.63

Power Grid Corporation Of India Investment Rating

  • Master Rating:
  • Power Grid Corp.Of India has an operating revenue of Rs. 45,840.70 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 39% is great, ROE of 18% is exceptional. The company has a high debt to equity of 137%, which can be a reason to worry. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 64 which is a FAIR score but needs to improve its earnings, a RS Rating of 53 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 44 indicates it belongs to a fair industry group of Utility-Electric Power and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Power Grid Corporation of India Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10,41910,43611,49510,74610,65610,44610,221
Operating Expenses Qtr Cr 1,2121,3371,3601,3671,6981,6441,345
Operating Profit Qtr Cr 9,2079,10010,1349,3798,9588,8028,876
Depreciation Qtr Cr 3,1423,1613,2143,3043,2193,2033,187
Interest Qtr Cr 2,3892,1292,5203,0372,2061,9822,103
Tax Qtr Cr 509568956297383502-59
Net Profit Qtr Cr 3,8343,5434,2143,7023,6513,7664,321
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 45,96842,336
Operating Expenses Annual Cr 6,0695,006
Operating Profit Annual in Cr 37,27434,922
Depreciation Cr 12,94012,551
Interest Annual Cr 9,7448,211
Tax Annual Cr 2,1382,711
Net Profit Annual Cr 15,33317,094
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 35,26824,640
Cash from Investing Activity Annual Cr -4,3162,189
Cash from Financing Annual Activity Cr -29,264-28,801
Net Cash Flow Annual Cr 1,689-1,973
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 82,83376,152
Fixed Assets Annual Cr 179,977187,108
Total Non Current Assets Annual Cr 214,067217,548
Total Current Assets Annual Cr 32,22730,329
Total Assets Annual Cr 246,294247,878
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 119109
ROE Annual % 1922
ROCE Annual % 1312
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 9293
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 11,26711,04812,26411,26211,15110,90510,686
Operating Expenses Qtr Cr 1,3591,3661,3541,3681,7251,6561,345
Operating Profit Qtr Cr 9,9089,68310,9109,8939,4269,2499,341
Depreciation Qtr Cr 3,2773,2663,3143,4073,3173,2953,279
Interest Qtr Cr 2,3412,0572,4753,0122,1871,9602,091
Tax Qtr Cr 5746211,015330410530-85
Net Profit Qtr Cr 3,7813,5974,3203,6453,6503,8014,156
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 46,60642,698
Operating Expenses Annual Cr 6,1035,049
Operating Profit Annual in Cr 39,47836,567
Depreciation Cr 13,33312,872
Interest Annual Cr 9,6348,036
Tax Annual Cr 2,2852,786
Net Profit Annual Cr 15,41716,824
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 38,00526,124
Cash from Investing Activity Annual Cr -6,126753
Cash from Financing Annual Activity Cr -29,264-28,967
Net Cash Flow Annual Cr 2,615-2,091
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 83,01576,247
Fixed Assets Annual Cr 199,209204,626
Total Non Current Assets Annual Cr 215,393218,389
Total Current Assets Annual Cr 34,90332,554
Total Assets Annual Cr 250,296250,943
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 119109
ROE Annual % 1922
ROCE Annual % 1312
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 8990

Power Grid Corporation Of India Technicals

EMA & SMA

Current Price
₹211.05
0.85 (0.4%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹208.50
  • 50 Day
  • ₹203.60
  • 100 Day
  • ₹197.10
  • 200 Day
  • ₹188.11
  • 20 Day
  • ₹208.81
  • 50 Day
  • ₹203.76
  • 100 Day
  • ₹195.47
  • 200 Day
  • ₹184.94

Power Grid Corporation Of India Resistance and Support

PIVOT
₹210.54
Resistance
First Resistance 211.97
Second Resistance 212.88
Third Resistance 214.32
RSI 60.94
MFI 59.17
MACD Single Line 2.52
MACD 2.30
Support
First Resistance 209.62
Second Resistance 208.18
Third Resistance 207.27

Power Grid Corporation Of India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 10,246,905 725,685,812 70.82
Week 11,506,175 785,756,691 68.29
1 Month 12,545,007 867,236,337 69.13
6 Month 12,966,259 839,305,946 64.73

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 196,289
Sales 43,097
Shares in Float 455.73
No of funds 1280
Yield 6.52
Book Value 2.37
U/D Vol ratio 0.8
LTDebt / Equity 137
Alpha 0.08
Beta 0.57

Power Grid Corporation of India

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 51.34%51.34%51.34%51.34%
Mutual Funds 9.49%8.74%9.1%8.46%
Insurance Companies 2.96%3.18%3.66%3.68%
Foreign Portfolio Investors 32.01%33.14%32.3%32.76%
Financial Institutions/ Banks 0.03%0.01%0.01%
Individual Investors 2.94%2.55%2.6%2.63%
Others 1.23%1.04%0.99%1.13%

Power Grid Corporation of India Management

Name Designation
Mr. K Sreekant Chairman & Managing Director
Mr. Ravindra Kumar Tyagi Director - Operations
Mr. Vinod Kumar Singh Director - Personnel
Mr. Abhay Choudhary Director - Projects
Mr. Ravisankar Ganesan Executive Director
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. Mohammad Afzal Government Nominee Director
Mr. Saibaba Darbamulla 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
2023-11-07 Quarterly Results & Interim Dividend
2023-07-31 Quarterly Results & Bonus issue
2023-07-29 Others Intimation regarding meeting of "Committee of Directors for Bonds" of POWERGRID for issue of POWERGRID Bond LXXIII (73rd) Issue 2023-24 the Debt Instrument. 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.
2023-05-19 Audited Results & Final Dividend
2023-02-10 Others Meeting of "Committee of Directors for Bonds" of POWERGRID for issue of POWERGRID Bond LXX (70th) Issue 2022-23 the Debt Instrument. 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
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
2022-08-22 FINAL Rs.2.25 per share(22.5%)Final 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

Name Amount(cr)
SBI Nifty 50 ETF 155,471
SBI S&P BSE Sensex ETF 95,207
HDFC Balanced Advantage Fund Growth 63,981
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
ICICI Prudential Balanced Advantage Fund Growth 49,871

Power Grid Corporation of India FAQs

What is Share Price of Power Grid Corporation of India ?

Power Grid Corporation of India share price is ₹211 As on 30 November, 2023 | 08:41

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

The Market Cap of Power Grid Corporation of India is ₹196289.2 Cr As on 30 November, 2023 | 08:41

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

The P/E ratio of Power Grid Corporation of India is 12.8 As on 30 November, 2023 | 08:41

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

The PB ratio of Power Grid Corporation of India is 2.4 As on 30 November, 2023 | 08:41

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%.

Q2FY23