Want to see IN:POWERGRID full AI Analyst Report?
Power Grid Corporation of India Limited (POWERGRID) AI Stock Analysis
Top Page
Power Grid Corporation of India Limited
(NSE:POWERGRID)
The score is driven primarily by solid profitability but materially constrained by weak and volatile cash flow (including negative free cash flow in FY2026) and elevated leverage. Technicals further weigh on the score as the stock trades below key moving averages with negative MACD, although oversold indicators provide some counterbalance. Valuation is supportive due to a moderate P/E and a strong dividend yield.
Power Grid Corporation of India Limited (POWERGRID) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 2.46T
- Dividend Yield
- 3.44%
- Average Volume (3M)
- 676.48K
- Price to Earnings (P/E)
- 15.5
- Beta (1Y)
- 0.79
- Revenue Growth
- 2.29%
- EPS Growth
- 3.03%
- Country
- India
- Employees
- 9,745
- Sector
- General
- Sector Strength
- 55
- Industry
- Regulated Electric
Power Grid Corporation of India Limited Business Overview & Revenue Model
Company Description
Power Grid Corporation of India Limited functions as a leading electric power transmission utility, primarily responsible for the conveyance of electricity across India. Its business is structured into three main divisions: Transmission Services, Tel...
How the Company Makes Money
POWERGRID primarily earns revenue by providing regulated electricity transmission services through its ownership and operation of interstate transmission system (ISTS) assets. Its main revenue stream is the transmission charges (tariffs) it recovers...
Power Grid Corporation of India Limited Financial Statement Overview
Summary
Strong profitability (historically high net margins and healthy ROE) is offset by a leveraged balance sheet (debt above equity) and weak/volatile cash conversion. FY2026 showed improved revenue and earnings, but negative free cash flow and sub-1.0 operating cash flow coverage of earnings increase reliance on external funding.
Income Statement
78PositiveBalance Sheet
64PositiveCash Flow
46Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 470.33B | 467.33B | 457.92B | 458.43B | 456.03B | 416.22B |
| Gross Profit | 304.30B | 249.49B | 447.60B | 449.15B | 447.80B | 407.92B |
| EBITDA | 390.89B | 387.98B | 396.46B | 402.41B | 401.98B | 369.96B |
| Net Income | 196.59B | 187.02B | 155.21B | 155.73B | 154.20B | 168.24B |
Balance Sheet | ||||||
| Total Assets | 0 | 2.95T | 2.66T | 2.51T | 2.50T | 2.51T |
| Cash, Cash Equivalents and Short-Term Investments | 57.86B | 91.72B | 100.77B | 60.56B | 97.69B | 50.20B |
| Total Debt | 0 | 1.48T | 1.35T | 1.27T | 1.32T | 1.35T |
| Total Liabilities | -1.00T | 1.94T | 1.73T | 1.64T | 1.69T | 1.75T |
| Stockholders Equity | 1.00T | 1.00T | 926.63B | 871.45B | 830.15B | 762.47B |
Cash Flow | ||||||
| Free Cash Flow | 6.55B | -53.26B | 120.89B | 258.86B | 311.02B | 181.57B |
| Operating Cash Flow | 148.32B | 319.53B | 362.23B | 372.89B | 380.05B | 261.24B |
| Investing Cash Flow | -130.92B | -358.64B | -235.33B | -131.14B | -71.38B | 7.53B |
| Financing Cash Flow | -22.13B | 55.29B | -123.57B | -259.03B | -304.50B | -289.67B |
Power Grid Corporation of India Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:POWERGRID, the sentiment is Neutral. The current price of 264.50 is above the 20-day moving average (MA) of 251.91, above the 50-day MA of 260.57, and below the 200-day MA of 281.37, indicating a neutral trend. The MACD of -1.50 indicates Negative momentum. The RSI at 62.05 is Neutral, neither overbought nor oversold. The STOCH value of 84.41 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:POWERGRID.
Power Grid Corporation of India Limited Peers Comparison
Overall Rating
IN:PTC73Outperform
IN:GVT&D68.5Neutral
IN:INDIGRID68Neutral- IN:POWERGRID61Neutral
IN:TORNTPOWER57Neutral
IN:TATAPOWER46Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:PTC | 73Outperform | INR 40.32B | 7.93 | ― | 23.12% | 15.24% | -44.80% |
| IN:GVT&D | 69Neutral | INR 1.03T | 75.82 | ― | 0.25% | 41.34% | 56.22% |
| IN:INDIGRID | 68Neutral | INR 160.42B | 27.29 | ― | 9.57% | 52.33% | 50.06% |
| IN:POWERGRID | 61Neutral | INR 2.46T | 15.51 | ― | 3.44% | 2.29% | 3.03% |
| IN:TORNTPOWER | 57Neutral | INR 591.00B | 25.44 | ― | 1.70% | 4.09% | -16.62% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:TATAPOWER | 46Neutral | INR 1.10T | 28.52 | ― | 0.72% | -4.19% | -4.84% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:POWERGRID | Power Grid Corporation of India Limited | 264.50 | -14.29 | -5.13% | |
| IN:GVT&D | GE Vernova T&D India Limited | 4021.50 | 856.72 | 27.07% | |
| IN:INDIGRID | India Grid Trust Units Series - IV | 168.41 | 11.99 | 7.66% | |
| IN:PTC | PTC India Limited | 136.20 | -4.08 | -2.91% | |
| IN:TATAPOWER | Tata Power Company Limited | 345.10 | -60.78 | -14.98% | |
| IN:TORNTPOWER | Torrent Power Limited | 1172.85 | -152.43 | -11.50% |
Power Grid Corporation of India Limited Corporate Events
Power Grid Tightens Insider Trading and Disclosure Code
Power Grid Corporation of India Limited’s board has approved amendments to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information and the conduct for regulating, monitoring and reporting of trading i...
POWERGRID Clears ₹857 Crore HTLS Upgrade for Key Southern Transmission Lines
Power Grid Corporation of India Limited has approved a new investment project to reconductor the Tirunelveli–Udumalpet and Pugalur–Madurai 400 kV double-circuit transmission lines with high temperature low sag (HTLS) conductors, at an est...
Power Grid to Host Investor Webinar on Q1 FY27 Outlook
Power Grid Corporation of India Limited, a major Indian power transmission utility, operates extensive high-voltage networks and grid infrastructure that underpin electricity distribution nationwide and support system stability. As a central player i...
Power Grid Announces Superannuation of Executive Director Rajesh Gupta
Power Grid Corporation of India Limited has announced a change in senior management, with Executive Director Rajesh Gupta retiring upon reaching the age of superannuation on 31 July 2026. His cessation as Executive Director removes one senior managem...
Power Grid sets August 20, 2026 for virtual AGM, confirms leadership and audit mandates
Power Grid Corporation of India Limited has convened its 37th Annual General Meeting for August 20, 2026, to be held via video conferencing and other audio-visual means, where shareholders will consider the audited financial statements for FY 2025-26...
Power Grid Sets Record Date and AGM Timeline for FY 2025-26 Final Dividend
Power Grid Corporation of India Limited has scheduled its 37th Annual General Meeting for August 20, 2026, to be conducted via video conferencing, reflecting continued use of digital formats for shareholder engagement. The meeting will focus, among o...
Power Grid Board Clears Higher Borrowing Limits and Appoints Joint Cost Auditors
Power Grid Corporation of India Limited’s board has approved raising its borrowing limit to Rs 35,000 crore for FY 2026-27, up from Rs 30,000 crore, and cleared plans to borrow up to Rs 35,000 crore in FY 2027-28 from various sources including...
Power Grid Board Clears Higher Borrowing Limits and Appoints Joint Cost Auditors
Power Grid Corporation of India Limited’s board has approved an increase in its borrowing limit to Rs 35,000 crore for FY 2026-27 and cleared plans to raise up to Rs 35,000 crore in FY 2027-28, primarily via domestic bonds, subject to sharehold...
POWERGRID Commissions Key Transmission Project for Khavda Renewable Energy Zone
Power Grid Corporation of India Limited, India’s central transmission utility, is a key player in the power infrastructure sector, specializing in interstate high-voltage transmission networks. The company supports integration of conventional a...
Power Grid CFO Ravisankar Ganesan Retires, Triggering Finance Leadership Shift
Power Grid Corporation of India Limited announced that Shri Ravisankar Ganesan has ceased to serve as Director (Finance) and Chief Financial Officer of the company with effect from July 1, 2026, following his superannuation on June 30, 2026. The depa...
POWERGRID acquires WR ER Part A SPV to expand inter-regional transmission network
Power Grid Corporation of India Limited has acquired WR ER Part A Power Transmission Limited, a special purpose vehicle created to develop the “WR-ER Inter-Regional Network Expansion Scheme Part-A” under the tariff-based competitive biddi...
Power Grid announces senior management change on superannuation
Power Grid Corporation of India Limited is a state-owned electric utility operating India’s national power transmission network, focusing on high-voltage transmission infrastructure and grid management across the country. Listed on the National...
Power Grid commissions key Andhra Pradesh solar transmission project
Power Grid Corporation of India Limited has fully commissioned a major transmission scheme designed to evacuate power from solar energy zones in Ananthpuram and Kurnool in Andhra Pradesh, with capacities of 2,500 MW and 1,000 MW respectively. The pro...
Power Grid wins key interstate transmission bid for WR-ER expansion scheme
Power Grid Corporation of India Limited has been declared the successful bidder under India’s Tariff Based Competitive Bidding mechanism to develop the “WR-ER Inter-Regional Network Expansion Scheme Part-A” as an interstate transmis...
Power Grid commissions Gujarat transmission expansion project
Power Grid Corporation of India Limited has commissioned the “Transmission Network Expansion in Gujarat to increase ATC from ISTS, Part-B” project, effective 13 May 2026. The project’s commercial operation was formally confirmed on...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 17, 2026