Power Grid Corporation of India Limited

Power Grid Corporation of India Limited (POWERGRID) is a large-cap Power company valued at ₹2.33 lakh crore operating in Power - Transmission on the NSE and BSE.

Recent price move

Power Grid Corporation of India Limited last traded at ₹250.45, modestly up 0.24% on the day.

Recent developments

On 2026-09-24, the company took 100% control of Barmer HVDC transmission, expanding its infrastructure capabilities. On 2026-09-23, the company announced an acquisition, though details were not specified. On 2026-09-18, Power Grid planned to raise ₹5,000 crore through bonds, which could support its growth initiatives. On 2026-09-03, the company won a Gujarat transmission project worth ₹1,152 crore annually, enhancing its renewable energy integration capacity.

Financial performance

The company's annual revenue rose 2.1% to ₹46,733 crore, while annual net profit increased 2.6% to ₹15,928 crore. The latest quarter saw revenue rise 2.7% year-on-year to ₹11,497 crore, but net profit fell 0.9% to ₹3,598 crore, indicating a slight decline in profitability compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 14.6 times earnings, 2.52 times book value. It yields 3.3%.

Things to watch

The stock is 23.3% below its 52-week high, reflecting a significant pullback from recent peak levels. The latest quarter net profit declined 0.9% year-on-year, suggesting a slight weakening in profitability. The debt-to-equity ratio stands at 1.47, indicating a moderate level of leverage.

Where it stands

Power Grid Corporation of India Limited reported annual revenue growth of 2.1% and net profit growth of 2.6%, with the latest quarter showing a 2.7% revenue increase but a 0.9% net profit decline. The company's recent acquisitions and bond issuance highlight its focus on expansion, while the stock's distance from its 52-week high and the recent net profit drop are key factors to note.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.