POWER GRID CORPORATION OF INDIA LIMITED

BSE: POWERGRID532898ISIN INE752E01010

Utilities
Power - Transmission
BSE SENSEX

BSE listing

Share price

₹270.00+6.50 (+2.47%)

as of 18 Sep 2026

52W high: ₹324.80
52W low: ₹250.05
Off 52W high: -16.87%
1M return: +2.88%
3M return: -7.66%
6M return: -9.24%
1Y return: -6.61%
20D avg volume: 10,54,974
50 DMA: ₹274.12
200 DMA: ₹284.08

Key ratios Consolidated

Market cap: ₹2,51,116 Cr
Current price: ₹270.00
52W high / low: ₹324.80 / ₹250.05
Face value: ₹10.00
P/E: 15.80
P/B: —
EPS (TTM): ₹17.09
Book value / share: —
ROE: —
ROCE: 10.60%
Operating margin: —
Net margin: —
Debt / equity: 1.47
Net debt: ₹1,42,728 Cr
Interest cover: 3.07
Dividend yield: 3.33%
Dividend / share (TTM): ₹9.00
Payout: 52.66%
Cash conversion cycle: 100.3 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	11,497	11,666	12,395	11,476	11,196	12,275	11,233	11,278	11,006	11,978	11,550	11,267
	200.00	305.08	203.99	194.29	248.20	315.45	510.03	568.17	273.41	327.28	269.91	263.36
	7,112	8,069	7,314	7,733	7,114	7,550	6,829	7,310	6,643	7,066	7,076	6,977
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	673.73	701.01	659.28	668.04	640.57	769.36	596.74	620.94	617.36	644.04	607.99	581.87
	2,023	2,175	2,190	2,148	1,934	2,303	1,917	2,441	2,039	1,928	2,446	2,341
	3,128	3,295	3,381	3,223	3,130	3,196	3,216	3,292	3,200	3,259	3,293	3,277
	1,287	1,899	1,083	1,694	1,409	1,282	1,098	955.50	786.35	1,235	728.91	776.83
	4,585	3,901	5,285	3,937	4,330	5,041	4,914	4,536	4,637	5,239	4,743	4,553
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	4,585	3,901	5,285	3,937	4,330	5,041	4,914	4,536	4,637	5,239	4,743	4,553
	882.74	4,391	1,312	829.36	867.99	918.82	1,090	884.48	879.30	958.47	787.52	573.66
	3,598	4,546	4,185	3,566	3,631	4,143	3,862	3,793	3,724	4,166	4,028	3,781
	3.87	4.89	4.50	3.84	3.90	4.46	4.15	4.08	4.00	4.48	4.33	4.06
Key metrics
	9,736	9,371	10,857	9,308	9,395	10,539	10,048	10,269	9,876	10,426	10,483	10,172
	84.70%	80.30%	87.60%	81.10%	83.90%	85.90%	89.50%	91.10%	89.70%	87.00%	90.80%	90.30%
	31.30%	39.00%	33.80%	31.10%	32.40%	33.70%	34.40%	33.60%	33.80%	34.80%	34.90%	33.60%
	—	2.50%	—	2.50%	—	3.30%	—	—	—	—	—	—
	2.70%	-5.00%	10.30%	1.80%	1.70%	2.50%	-2.70%	0.10%	—	—	—	—
	-0.90%	9.70%	8.40%	-6.00%	-2.50%	-0.60%	-4.10%	0.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	47,033	46,733	45,792	45,843	45,581	41,616	39,640	37,744	35,059	29,941
	903.36	951.56	1,667	1,070	1,024	1,082	1,184	927.42	602.20	489.05
	30,228	30,231	28,331	27,808	29,070	25,957	24,821	25,919	24,116	20,392
	0.00	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	2,702	2,669	2,604	2,434	2,509	2,244	2,115	1,960	1,784	1,606
	8,536	8,448	8,700	8,773	9,634	8,036	8,135	9,509	8,737	7,324
	13,028	13,030	12,904	13,095	13,333	12,872	12,039	11,607	10,541	—
	5,963	6,085	4,123	3,506	3,595	2,806	2,532	2,844	3,055	2,231
	17,708	17,453	19,128	19,105	17,535	16,741	16,003	12,752	11,545	10,039
	0.00	0.00	0.00	0.00	0.00	3,320	-1,079	0.00	128.82	0.00
	17,708	17,453	19,128	19,105	17,535	20,061	14,924	12,752	11,674	10,039
	7,416	1,381	3,773	2,941	2,284	2,786	3,464	3,531	886.35	2,195
	15,896	15,928	15,521	15,573	15,417	16,824	12,036	11,059	10,034	8,198
	17.10	17.13	16.69	16.74	22.10	24.12	23.01	21.14	19.18	—
Key metrics
	39,272	38,931	40,732	40,973	40,502	40,969	35,098	33,868	30,952	17,363
	83.50%	83.30%	89.00%	89.40%	88.90%	98.40%	88.50%	89.70%	88.30%	58.00%
	33.80%	34.10%	33.90%	34.00%	33.80%	40.40%	30.40%	29.30%	28.60%	27.40%
	—	10.60%	12.30%	—	—	—	—	—	—	—
	—	2.10%	-0.10%	0.60%	9.50%	5.00%	5.00%	7.70%	17.10%	—
	—	2.60%	-0.30%	1.00%	-8.40%	39.80%	8.80%	10.20%	22.40%	—
	—	3,651	13,609	—	—	—	—	—	—	—
	—	2.57	2.33	—	—	—	—	—	—	—
	—	1.47	1.41	—	—	—	—	—	—	—
	—	1,42,728	1,27,168	—	—	—	—	—	—	—
	—	100.3	73.0	—	—	—	—	—	—	—
Balance sheet
	—	2,94,727	2,66,107	—	—	—	—	—	—	—
	—	30,658	29,499	—	—	—	—	—	—	—
	—	5,281	3,797	—	—	—	—	—	—	—
	—	11,673	7,965	—	—	—	—	—	—	—
	—	2,126	1,803	—	—	—	—	—	—	—
	—	532.94	376.68	—	—	—	—	—	—	—
	—	1,74,970	1,70,886	—	—	—	—	—	—	—
	—	955.81	620.44	—	—	—	—	—	—	—
	—	51,196	40,245	—	—	—	—	—	—	—
	—	1,48,009	1,30,965	—	—	—	—	—	—	—
	—	26,937	21,107	—	—	—	—	—	—	—
	—	1,21,072	1,09,858	—	—	—	—	—	—	—
	—	1,00,494	92,663	—	—	—	—	—	—	—
Cash flow
	—	40,931	36,223	—	—	—	—	—	—	—
	—	-35,305	-23,533	—	—	—	—	—	—	—
	—	-4,006	-12,357	—	—	—	—	—	—	—
	—	37,279	22,614	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	9,795	9,971	11,005	10,000	9,928	10,983	10,121	10,260	10,068	11,051	10,677	10,419
	1,575	1,984	1,431	1,349	1,329	1,500	1,488	1,123	782.21	1,203	791.02	786.40
	7,124	8,181	7,367	7,604	7,085	7,391	6,799	7,239	6,557	7,046	6,950	6,743
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	666.14	692.77	654.36	662.88	633.91	764.24	594.41	618.73	615.62	642.04	606.64	554.73
	2,515	2,614	2,574	2,558	2,304	2,588	2,127	2,605	2,160	2,021	2,516	2,389
	2,925	3,096	3,207	3,056	2,970	3,043	3,074	3,162	3,073	3,116	3,159	3,142
	1,018	1,777	931.57	1,327	1,176	995.61	1,004	854.30	708.45	1,266	669.36	657.45
	4,246	3,774	5,069	3,744	4,172	5,092	4,810	4,144	4,293	5,208	4,517	4,463
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	4,246	3,774	5,069	3,744	4,172	5,092	4,810	4,144	4,293	5,208	4,517	4,463
	729.00	-4,597	1,169	708.59	733.32	806.34	959.96	679.78	819.78	906.03	659.53	509.46
	3,411	4,553	4,160	3,555	3,653	4,336	3,894	3,711	3,412	4,128	3,970	3,834
	3.67	4.90	4.47	3.82	3.93	4.66	4.19	3.99	3.67	4.44	4.27	4.08
Key metrics
	9,686	9,484	10,850	9,358	9,446	10,723	10,011	9,910	9,526	10,345	10,192	9,994
	98.90%	95.10%	98.60%	93.60%	95.10%	97.60%	98.90%	96.60%	94.60%	93.60%	95.50%	95.90%
	34.80%	45.70%	37.80%	35.50%	36.80%	39.50%	38.50%	36.20%	33.90%	37.40%	37.20%	36.80%
	—	2.70%	—	2.60%	—	3.40%	—	—	—	—	—	—
	-1.30%	-9.20%	8.70%	-2.50%	-1.40%	-0.60%	-5.20%	-1.50%	—	—	—	—
	-6.60%	5.00%	6.80%	-4.20%	7.10%	5.00%	-1.90%	-3.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	40,771	40,904	41,431	42,391	43,343	39,928	37,666	36,186	34,119	29,752
	6,338	6,092	4,894	3,424	2,625	2,408	2,861	2,132	1,499	1,014
	30,276	30,237	27,987	27,241	28,753	25,768	24,822	25,671	24,129	20,497
	0.00	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	0.00	—	—	—	—	—	—	—
	2,676	2,644	2,593	2,377	2,505	2,235	2,111	1,959	1,784	1,606
	10,261	10,050	9,479	9,047	9,744	8,211	8,501	9,814	9,091	7,591
	12,285	12,330	12,352	12,558	12,940	12,551	11,712	11,073	10,201	9,091
	5,054	5,213	3,562	3,259	3,564	2,772	2,499	2,824	3,053	2,209
	16,833	16,759	18,339	18,574	17,215	16,568	15,705	12,647	11,489	10,270
	0.00	0.00	0.00	—	—	3,760	-1,079	—	—	—
	16,833	16,759	18,339	18,574	17,215	20,327	14,626	12,647	11,489	10,270
	-1,990	-1,986	3,266	2,632	2,138	2,711	3,089	3,520	976.44	2,238
	15,679	15,921	15,354	15,475	15,333	17,094	11,936	10,811	9,939	8,239
	16.86	17.12	16.51	16.54	21.98	24.51	22.81	20.67	19.00	—
Key metrics
	39,379	39,139	40,170	40,179	39,899	41,089	34,839	33,534	30,781	26,952
	96.58%	95.70%	97.00%	94.80%	92.10%	102.90%	92.50%	92.70%	90.20%	90.60%
	38.46%	38.90%	37.10%	36.50%	35.40%	42.80%	31.70%	29.90%	29.10%	27.70%
	—	11.20%	12.40%	—	—	—	—	—	—	—
	—	-1.30%	-2.30%	-2.20%	8.60%	6.00%	4.10%	6.10%	14.70%	—
	—	3.70%	-0.80%	0.90%	-10.30%	43.20%	10.40%	8.80%	20.60%	—
	—	26,378	26,367	—	—	—	—	—	—	—
	—	2.01	2.04	—	—	—	—	—	—	—
	—	1.48	1.42	—	—	—	—	—	—	—
	—	1,42,847	1,27,241	—	—	—	—	—	—	—
	—	103.4	71.2	—	—	—	—	—	—	—
Balance sheet
	—	2,79,435	2,57,870	—	—	—	—	—	—	—
	—	28,189	24,933	—	—	—	—	—	—	—
	—	5,162	3,724	—	—	—	—	—	—	—
	—	10,849	7,273	—	—	—	—	—	—	—
	—	1,447	1,378	—	—	—	—	—	—	—
	—	370.64	291.09	—	—	—	—	—	—	—
	—	1,50,777	1,52,385	—	—	—	—	—	—	—
	—	705.48	567.68	—	—	—	—	—	—	—
	—	40,489	33,505	—	—	—	—	—	—	—
	—	1,48,009	1,30,965	—	—	—	—	—	—	—
	—	26,937	21,107	—	—	—	—	—	—	—
	—	1,21,072	1,09,858	—	—	—	—	—	—	—
	—	99,929	92,216	—	—	—	—	—	—	—
Cash flow
	—	31,983	31,357	—	—	—	—	—	—	—
	—	-26,548	-17,897	—	—	—	—	—	—	—
	—	-3,996	-12,357	—	—	—	—	—	—	—
	—	5,604	4,990	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -1.91%
Sales CAGR 5Y: +1.66%
Sales CAGR 10Y: —
Profit CAGR 3Y: +1.26%
Profit CAGR 5Y: +5.93%
Profit CAGR 10Y: —
Sales YoY (TTM): -1.26%
Profit YoY (TTM): +0.54%

Consolidated

Sales CAGR 3Y: +0.84%
Sales CAGR 5Y: +3.35%
Sales CAGR 10Y: —
Profit CAGR 3Y: +1.09%
Profit CAGR 5Y: +5.76%
Profit CAGR 10Y: —
Sales YoY (TTM): +2.29%
Profit YoY (TTM): +3.03%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 51.34%

Holder	Type	Holding	Previous	Change
PRESIDENT OF INDIA	Promoter	51.34%	—	—
LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091	Public	4.52%	—	—
PARAG PARIKH ARBITRAGE FUND	Public	3.56%	—	—
SBI ARBITRAGE OPPORTUNITIES FUND	Public	2.13%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA CON	Public	1.87%	—	—
HDFC MUTUAL FUND - HDFC BSE 500 ETF	Public	1.76%	—	—
GOVERNMENT OF SINGAPORE	Public	1.76%	—	—
NPS TRUST A/C UTI PENSION FUND LIMITED-SCHEME CENT	Public	1.54%	—	—
ICICI PRUDENTIAL ESG EXCLUSIONARY STRATEGY FUND	Public	1.34%	—	—
UTI NIFTY 50 INDEX FUND	Public	1.09%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Raising of Funds by way of issuance of 'Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds - LXXXIV (84th) Issue 2026-27 on Private Placement.18 Sep 2026 · Board Meeting / Outcome of Board Meeting
Power Grid Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/09/2026 ,inter alia, to consider and approve proposed POWERGRID ....15 Sep 2026 · Board Meeting / Board Meeting
Appointment of Statutory Auditors of the Company by C&AG for FY 2026-27.8 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
POWERGRID declared as successful bidder under TBCB.3 Sep 2026 · Company Update / General
POWERGRID declared as successful bidder under TBCB.2 Sep 2026 · Company Update / General
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Change in Senior Management (Cessation)31 Aug 2026 · Company Update / Change in Management
Acquisition of Fatehgarh Transmission Limited by POWERGRID under TBCB route.28 Aug 2026 · Company Update / Acquisition
Disclosure under Reg. 30 of SEBI (LODR) Regulations, 2015.26 Aug 2026 · Company Update / General
Voting Results of 37th Annual General Meeting of POWERGRID held on Thursday, 20th August, 2026 along with Scrutinizer''s report.21 Aug 2026 · AGM/EGM / AGM
POWERGRID declared as successful bidder under TBCB.21 Aug 2026 · Company Update / General
Summary of proceedings of the 37th Annual General Meeting of POWERGRID held on 20th August, 2026.20 Aug 2026 · AGM/EGM / AGM
Cessation of Shri Venkata Subrahamanayam Vallurie as Chief Financial Officer of POWERGRID20 Aug 2026 · Company Update / Cessation
Appointment of Shri Amol Babulal Taori as Director (Finance) and Chief Financial Officer of POWERGRID20 Aug 2026 · Company Update / Change in Directorate
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201520 Aug 2026 · Others / Outcome without intimation
Appointment of Shri Amol Babulal Taori as Director (Finance) of POWERGRID.18 Aug 2026 · Company Update / Change in Directorate
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India18 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Appointment of Shri Amol Babula Taori as Director (Finance) on the Board of POWERGRID.18 Aug 2026 · Others / Outcome without intimation
Transcript of Webinar for Investors and Analysts held on 07th August, 2026.14 Aug 2026 · Company Update / Earnings Call Transcript
Ministry of Power conveyed the appointment of Shri Amol Babulal Taori as Director (Finance) of POWERGRID. Further details will be informed in due course.12 Aug 2026 · Company Update / General
Audio and Video recording link of the Webinar for Investors & Analysts held on 07th August, 2026.7 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication of unaudited financial results of the Company for the quarter ended 30.06.20267 Aug 2026 · Company Update / Newspaper Publication
Presentation on Webinar for Investors & Analysts scheduled to be held on 07th August, 2026.7 Aug 2026 · Company Update / Investor Presentation
Newspaper Publication of Un-audited Financial Results of the Company for the quarter ended 30.06.2026 (FY 2026-27).6 Aug 2026 · Company Update / Newspaper Publication
Investment approved by the committee of directors on investments on projects.5 Aug 2026 · Company Update / General
Amended Code of practices & procedures for Fair Disclosure of UPSI and conduct for Regulating Monitoring and Reporting of Trading in Securities of POWERGRID.5 Aug 2026 · Company Update / General
Unaudited Financial Results for the Quarter ended 30.06.2026.5 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on 05th August, 2026 - Unaudited Financial Results for the First Quarter ended 30th June, 2026 (FY 2026-27)5 Aug 2026 · Board Meeting / Outcome of Board Meeting
Commissioning of project namely "Transmission System for evacuation of Power from REZ in Rajasthan (20GW) under Phase-III Part-H".4 Aug 2026 · Company Update / General
Schedule of Webinar for Investors and Analysts on Financial Performance of POWERGRID for Q1 ended 30.06.2026.3 Aug 2026 · Company Update / Analyst / Investor Meet
Acquisition of Krishnagiri REZ Transmission Limited by POWERGRID under TBCB route.3 Aug 2026 · Company Update / Acquisition
Disclosure under Reg. 30 of SEBI (LODR) Regulations, 2015 - Change in Senior Management (cessation).31 Jul 2026 · Company Update / Change in Management
Newspaper Publication regarding Special Window for Transfer and Dematerialisation of Physical Securities.31 Jul 2026 · Company Update / Newspaper Publication
Closure of Trading Window30 Jul 2026 · Insider Trading / SAST / Closure of Trading Window
Power Grid Corporation Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2026 ,inter alia, to consider and approve the Unaudited ....30 Jul 2026 · Board Meeting / Board Meeting
Newspaper Advertisement - Regulation 30 of SEBI (LODR) Regulations, 201530 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the FY 2025-2629 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Integrated Annual Report for the Financial Year 2025-2629 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of 37th Annual General Meeting and Integrated Annual Report for the FY 2025-2629 Jul 2026 · AGM/EGM / AGM
Intimation of Record date for the purpose of Final Dividend for FY 2025-2629 Jul 2026 · Corp. Action / Record Date
Acquisition of Bhadla Ramgarh Power Transmission Limited by POWERGRID under TBCB route.29 Jul 2026 · Company Update / Acquisition

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.2500	13 Aug 2026	13 Aug 2026	—
Interim Dividend - Rs. - 3.2500	9 Feb 2026	9 Feb 2026	—
Interim Dividend - Rs. - 4.5000	10 Nov 2025	10 Nov 2025	—
Final Dividend - Rs. - 1.2500	19 Aug 2025	19 Aug 2025	—
Interim Dividend - Rs. - 3.2500	7 Feb 2025	7 Feb 2025	—
Interim Dividend - Rs. - 4.5000	14 Nov 2024	14 Nov 2024	—
Final Dividend - Rs. - 2.7500	16 Aug 2024	16 Aug 2024	—

Board meetings

5 Aug 2026 Board Meeting - Financial Results