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Power Grid Corporation of India Limited

POWERGRID | NSE

316.40

INR

-2.75

-0.86%

POWERGRID | NSE
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About Power Grid Corporation of India Limited

Sector

Utilities

Industry

Utilities-Regulated Electric

Earnings date

31/03/2024

As of date

24/04/2026

Close

316.40

Open

316.00

High

317.90

Low

314.50

Power Grid Corporation of India Limited an electric power transmission utility engages in the transmission of power in India. It operates in three segments: Transmission Services Telecom Services and Consultancy Services. As of March 31 2022 the company owned and operated 172437 circuit kms of transmission lines as well as 265 substations with transformation capacity of 474457 mega volt ampere. It also provides consultancy services including power system planning and techno-economic feasibility studies; environmental and social impact assessment; design and engineering; procurement assistance; project management and construction supervision; asset management; and other services such as owners' and lenders' engineer service; grid code and tariff mechanisms preparation; legal and technical advisory; and market analysis advisory services as well as renewable energy certificate mechanism implementation. The company offers its consultancy services to firms utilities government departments and IFIs in Afghanistan Bangladesh Kenya Ethiopia the United Arab Emirates Nepal Bhutan Myanmar Kyrgyzstan Tajikistan and Pakistan. In addition it provides overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name; and operates EV charging stations. 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.

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POWERGRID | NSE

Risk
20.7
Sharpe
0.28
Luna's Score
55/100
Recommendation
Hold

Luna says (POWERGRID | NSE)

What's Working

Low 6-Month Volatility (<30%)

Largecap (10B - 200B USD)

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Low Market Beta (-0.4 to 0.8)

Strong Operating Margin (> 25%)

What's not Working

High Debt to Equity (> 0.75)

High Debt to Asset (> 0.45)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

23.8%

1 month

20.7%

3 months

26.2%

6 months

22.3%

Returns

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Fundamental Ratios

PE

19.39

Fwd. PE

10.75

Price to book

3.52

Debt to equity

1.42

Debt to assets

0.49

Ent. to EBITDA

10.40

Ent. to rev.

9.67

PEG

-

Other Fundamentals

EBITDA

398.34B

MarketCap

2,952.45B

MarketCap(USD)

30.86B

Div. yield

3.44

Op. margin

58.17

Erngs. growth

3.40

Rev. growth

-0.40

Ret. on equity

18.30

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

25.40

Range1M

39.55

Range3M

73.05

Volumes: Market Activity

Volume Averages

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Rel. volume

0.68

Price X volume

3.16B

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Adani Energy Solutions LtdADANIENSOLIN1411.951,661.75B3.72%823.91293.24%
The Tata Power Company LimitedTATAPOWERUtilities-Independent Power Producers4351,389.98B1.09%38.90165.94%
GAIL (India) LimitedGAILUtilities-Regulated Gas165.611,088.90B0.39%12.9028.30%
JSW Energy LimitedJSWENERGYUtilities-Independent Power Producers544.95941.84B-2.93%57.22151.56%
Bajaj Housing FinanceBAJAJHFLIN89.39843.62B-0.82%75.19
Adani Power LimitedADANIPOWERUtilities-Independent Power Producers212.9821.14B-0.60%15.5080.23%
Torrent Power LimitedTORNTPOWERUtilities-Independent Power Producers1699.5816.81B-2.16%41.5096.44%
L&T Finance LimitedLTFIN290.05810.78B-0.71%18.85326.83%
Adani Total Gas LimitedATGLUtilities-Regulated Gas626.85694.50B0.83%117.7043.49%
RVNLRVNLEngineering & Construction303.44631.55B-1.23%68.5568.98%
  • 1

Diversifiers

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Marketcap
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PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Adani Energy Solutions LtdADANIENSOLIN1411.951,661.75B3.72%823.91293.24%
Trent LimitedTRENTApparel Retail4297.31,537.21B1.08%161.3043.09%
Bajaj Housing FinanceBAJAJHFLIN89.39843.62B-0.82%75.19
L&T Finance LimitedLTFIN290.05810.78B-0.71%18.85326.83%
Oracle Financial Services Software LimitedOFSSSoftware-Infrastructure8949761.57B1.79%42.510.55%
One97 Communications LimitedPAYTMSoftware-Infrastructure1147.35712.87B-1.05%n/a1.33%
Emcure Pharmaceuticals LtdEMCUREIN1637.2297.03B2.26%54.29
PTC INDUSTRIES LTDPTCILIN16125241.41B0.79%508.6428.17%
Netweb Technologies India LimitedNETWEBIN3824.8215.59B-2.01%175.272.26%
JYOTICNCJYOTICNCIN736.1174.58B-2.46%123.1222.26%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA10.4012.69Par
Ent. to Revenue9.674.21Expensive
PE Ratio19.3916.06Expensive
Price to Book3.521.54Expensive
Dividend Yield3.442.73Leader
Std. Deviation (3M)26.2248.24Lower Risk
Debt to Equity1.421.10Expensive
Debt to Assets0.490.33Expensive
Market Cap2,952.45B546.04BMarket Leader
  • 1

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