ALFA Finder| Margins | EBITDA margin stable at ~82% of total income (consolidated). |
|---|---|
| Order book | Total works in hand ~₹1,75,700 crore; bidding pipeline >₹1.19 lakh crore. |
| Demand visibility | Strong; ~₹15 lakh crore long-term sectoral opportunity identified by CEA. |
Growth
Consolidated Total Income grew 2% YoY to ₹11,697 crore; Standalone PAT fell 7% YoY to ₹3,411 crore.
Outlook
FY27 Capex guidance of ₹37,000 crore and Capitalization of ₹30,000 crore. Works in hand total ~₹1.75 lakh crore.
Risks
Rising interest costs (up 7% YoY consolidated) and potential regulatory changes during the new tax regime transition.
Last quarter's promises, checked
Delivered
- CapEx FY26: Guided ~₹35,000Cr → delivered ~₹40,000Cr (= BEAT)
- Capitalization FY26: Guided ₹25,000Cr → delivered ₹28,206Cr (= BEAT)
- System Availability: Guided >99.75% → delivered 99.84% (= BEAT)
Investor Presentation filed with NSE, NSE: POWERGRID. Summary written with AI assistance from the document.
Power Grid Corporation of India Ltd: key numbers
- Share price
- ₹259.45
- Market cap
- ₹2,41,304 Cr
- Revenue (annual)
- ₹46,733 Cr
- Net profit (annual)
- ₹15,928 Cr
- P/E (TTM)
- 14.9×Sector 21.7×
- Promoter holding
- 51.34%+0.00% QoQ
- FII holding
- 24.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Power Grid Corporation of India Ltd
All →Power Grid Corporation of India Bags ₹243.3 Cr Order
PowerGrid was declared successful bidder under TBCB for a Humnabad sub-station and transmission project in Karnataka. Annual transmission charges total Rs.243.34 Crore.
- Value
- ₹243.3 Cr
- substation transformation capacity
- 1500.0 MVA
Power Grid Corporation of India Management Change
Power Grid appoints Anupam Kumar as Non-Executive Nominee Director, effective 6 November 2026. Abhay Bakre ceases as nominee director from 3 November 2026 following a MoP order.
Power Grid Corporation of India Earnings Call Transcript: Key Takeaways
Q2/H1 FY27 analyst meet: consolidated PAT and operating income both up about 8%, but regulatory-asset drag masks underlying growth. Capex range nudged up; work-in-hand ₹2.2 lakh Cr.
Power Grid Corporation of India Investor Presentation: Key Takeaways
Q2 FY27 consolidated PAT ₹3,867 Cr (+8% YoY), total income ₹12,055 Cr (+3%), EBITDA ₹10,166 Cr (+3%). H1 PAT ₹7,465 Cr (+4%). FY27 capex and capitalisation guidance reiterated.
Power Grid Corporation of India Acquisition
POWERGRID's ROC confirmed merger of 28 wholly owned subsidiaries into 2 WOS, effective 2 Nov 2026. This internal consolidation simplifies group structure and improves operational efficiency.
Power Grid Corporation of India Dividend
Power Grid declared an interim dividend of Rs 3.00 per share for FY 2026-27. Record date is 6 November 2026, with payment by 30 November 2026.