Is Power Grid Corporation (POWERGRID) overvalued or fairly valued?

MarketChacha shows Power Grid Corporation's valuation in context — a forward P/E of about 14.4, a price-to-book of about 2.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Power Grid Corporation's revenue?

Power Grid Corporation reported revenue of ₹40,904 Cr for FY2026, with net profit of ₹15,921 Cr, per official filings.

What is the share price of Power Grid Corporation (POWERGRID)?

Power Grid Corporation last traded at ₹284.40 (-0.3% on the day), as of 7/29/2026 — a delayed quote shown for education, not investment advice.

Power Grid Corporation

POWERGRID · NSE · Power · India

Snapshot

TickerPOWERGRID

ExchangeNSE

SectorPower

IndustryUtilities - Regulated Electric

CountryIndia

HeadquartersGurugram, India

Websitewww.powergrid.in

Filings tracked23

About Power Grid Corporation

Power Grid Corporation of India Limited, an electric power transmission utility, engages in the power transmission business in India and internationally. It operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of 31 March 2025, the company owned and operated 180,195 circuit kilometers of transmission lines, and 282 substations with an aggregate transformation capacity of 551,961 mega volt amperes. It also provides telecom services that offer overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name, as well as lease lines, MPLS-VPN, data, infrastructure, and international long-distance services. In addition, it provides consultancy services to the transmission, distribution, and telecom sectors on system planning and feasibility studies; environmental and social studies; design and engineering; contract/procurement services; project management and construction supervision; capacity building; operation and maintenance; asset management; owners' and lenders' engineer services to utilities and funding institutions; preparation of grid code, tariff mechanisms, and market analysis; legal and technical advisory in power transmission; power system studies/DPR preparation; smart grid and EV charging; load despatch and communication; sub-transmission/distribution/rural electrification services; testing and quality assurance and inspection; energy efficiency; and preventive vigilance, as well as human resource development. Further, it operates electric vehicle charging stations; and engages in solar power generation, green hydrogen production, smart metering, and data centers. The company was formerly known as National Power Transmission Corporation Limited and changed its name to Power Grid Corporation of India Limited in October 1992. Power Grid Corporation of India Limited was incorporated in 1989 and is based in Gurugram, India.

Who owns it

Promoters52.9%
Institutions36.5%
Public & other10.6%

305 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend33.8% → 38.9%

Margin has expanded by about 5.1 points — the business is getting more profitable.

Growth qualityrev -4% · PAT 1%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (BSE (official results filing)). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹57,190 Cr · EPS 19.95

Est. earnings growth +8.2%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: BSE (official results filing)

Annual

Quarterly · last 4

Revenue (FY2026)

₹40,904 Cr

Net margin

38.9%

Revenue CAGR (3y)

-3.5%

Profit CAGR (3y)

+1.1%

EPS (FY2026)

17.12

Net profit (FY2026)

₹15,921 Cr

Ask MarketChacha about POWERGRID

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

On MarketChacha

Posts about POWERGRID

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2026	₹40,904 Cr	₹15,921 Cr	17.12	38.9%
FY2025	₹47,459 Cr	₹15,521 Cr	—	32.7%
FY2024	₹46,913 Cr	₹15,573 Cr	—	33.2%
FY2023	₹45,581 Cr	₹15,417 Cr	—	33.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	₹9,971 Cr	₹4,553 Cr	4.90	45.7%
2025Q4	₹11,005 Cr	₹4,160 Cr	4.47	37.8%
2025Q3	₹11,348 Cr	₹3,555 Cr	—	31.3%
2025Q2	₹11,444 Cr	₹3,653 Cr	—	31.9%

Figures as reported, in ₹ (crore). Source: BSE (official results filing).

Filings & announcements

2026

Change in Directorate
Additional Charge of the post of Director (Projects) of Shri Burra Vamsi Rama Mohan, CMD POWERGRID, has been extended w.e.f. 01st July, 2026
BSE7/23/2026
Appointment Of Cost Auditors For The FY 2026-27.
Appointment of Cost Auditors for FY 2026-27.
BSE7/22/2026
Board Meeting Outcome for Outcome Of The Board Meeting Held On 22Nd July, 2026
Outcome of the Board Meeting held on 22nd July, 2026.
BSE7/22/2026
POWERGRID Declared As Successful Bidder Under TBCB
POWERGRID declared as successful bidder under TBCB.
BSE7/17/2026
Board Meeting Intimation for Meeting Of Board Of Directors Of POWERGRID.
Power Grid Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/07/2026 ,inter alia, to consider and approve Fund-raising ....
BSE7/16/2026material
POWERGRID Has Successfully Commissioned The Project
POWERGRID has successfully commissioned the project.
BSE7/14/2026
Change in Management
Disclosure under Reg. 30 of SEBI (LODR) Regulations, 2015 - Change in Senior Management.
BSE7/1/2026
Change in Directorate
Dr. Yatindra Dwivedi, Director (Personnel), POWERGRID, entrusted with an additional charge of the post of Director (Finance) of POWERGRID w.e.f. 01st July, 2026.
BSE7/1/2026
Change in Management
Appointment of Shri Venkata Subrahamanayam Vallurie as Chief Financial Officer of POWERGRID w.e.f. 01st July, 2026.
BSE7/1/2026
Change in Management
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Change in Senior Management (Cessation).
BSE6/30/2026
Acquisition
Acquisition of WR ER Part A Power Transmission Limited by POWERGRID under TBCB route.
BSE6/30/2026material
Acquisition
Acquisition of Kakinada I Transmission Limited by POWERGRID under TBCB route.
BSE6/29/2026material
Commissioning Of Project Namely 'Transmission Scheme For Solar Energy Zone In Ananthpuram (Ananthapur) (2500 MW) And Kurnool (1000 MW), Andhra Pradesh'
Commissioning of project.
BSE6/27/2026
Outcome Of The Meeting Of Committee Of Directors For Bonds Held On 26Th June, 2026 - Approval Of General Information Document (GID) For FY 2026-27.
Outcome of the meeting of Committee of Directors for Bonds held on 26th June 2026 - Approval of General Information Document (GID) for FY 2026-27.
BSE6/26/2026
Investment Approved By The Board Of Directors Of POWERGRID.
Investment approved by the Board of Directors of POWERGRID.
BSE6/26/2026
Board Meeting Outcome for Outcome Of The Board Meeting Held On 26Th June, 2026.
Outcome of the Board Meeting held on 26th June, 2026.
BSE6/26/2026
Board Meeting Intimation for Meeting Of ''Committee Of Directors For Bonds''
Power Grid Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/06/2026 ,inter alia, to consider and approve General Information ....
BSE6/23/2026material
POWERGRID Declared As Successful Bidder Under TBCB
POWERGRID declared as successful bidder under TBCB.
BSE6/16/2026
POWERGRID Declared As Successful Bidder Under TBCB
POWERGRID declared as successful bidder under TBCB.
BSE6/12/2026
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Incorporation of a Special Purpose Vehicle in Kenya Jointly by POWERGRID and Africa50, for the implementation of Kenya Transmission PPP Project.
BSE4/22/2026
POWERGRID Declared As Successful Bidder Under TBCB
POWERGRID declared as successful bidder under TBCB.
BSE4/1/2026
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Merger/ Amalgamation of 28 wholly owned subsidiaries into 2 other wholly owned subsidiaries.
BSE3/19/2026
Investment Approval By The Board Of POWERGRID
Investment approval by the Board of POWERGRID.
BSE3/19/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.