POWERGRID
OVERVALUEDPower Grid Corporation
Energy · NSE
↓ 39.4% vs fair value
52W Low
₹250
+18.0% from low
52W High
₹322
-8.4% from high
Valuation Gauge
Current Price
₹295
Fair Value
₹212
Fair Value Analysis
₹212
Based on free cash flow projections and balance sheet strength analysis and earnings multiple (EV/EBITDA) for Energy sector companies
Cash Flow Analysis
45% weight
Balance Sheet Value
20% weight
EV/EBITDA Multiple
35% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Strong
Profitability
ROE of 15.9% is above the Energy sector benchmark of 12% — strong returns
Debt & Leverage
D/E ratio of 1.4x is well within the Energy sector norm of 1.5x — strong balance sheet
Valuation vs Peers
P/E of 17.2x trades at a 51% discount to Energy sector median (35x) — attractively valued
Cash Flow
FCF margin of 27.4% — exceptional cash generation (₹12,089 Cr)
Earnings Growth
5yr EPS CAGR of -2.6% — earnings are declining (sector avg growth: 12.6%)
Dividend
Dividend yield of 4.2% provides strong shareholder returns (benchmark: 2.5%)
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
4.7%
Free cash flow / market cap
Revenue Growth (YoY)
+9.8%
Year-on-year revenue change
Profit Growth (YoY)
+21.0%
Year-on-year PAT change
Operating Cash Flow
₹36.2K Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹16.9
P/E Ratio
17.2x
P/B Ratio
2.7x
ROE
15.9%
ROCE
12.3%
Debt / Equity
1.41x
Beta
0.22
Div Yield
4.2%
FCF (Cr)
₹12,089 Cr
Revenue (Cr)
₹44,073 Cr
EPS Growth 5Y
-2.7%
Mkt Cap (Cr)
₹2,69,671 Cr
52W High
₹322
52W Low
₹250
Book Value/Share
₹106.4
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹47.3K Cr | ₹39.0K Cr | 82.0% | ₹15.5K Cr | ₹16.68 |
| 2025-03-31 | ₹45.8K Cr | ₹38.8K Cr | 85.0% | ₹15.5K Cr | ₹16.69 |
| 2024-03-31 | ₹45.8K Cr | ₹39.2K Cr | 86.0% | ₹15.6K Cr | ₹16.74 |
| 2023-03-31 | ₹45.6K Cr | ₹39.6K Cr | 87.0% | ₹15.4K Cr | ₹16.58 |
| 2022-03-31 | ₹41.6K Cr | ₹35.8K Cr | 86.0% | ₹16.8K Cr | ₹18.09 |
| 2021-03-31 | ₹39.6K Cr | ₹34.9K Cr | 88.0% | ₹12.0K Cr | ₹12.94 |
| 2020-03-31 | ₹37.7K Cr | ₹32.9K Cr | 87.0% | ₹11.1K Cr | ₹11.89 |
| 2019-03-31 | ₹35.1K Cr | ₹26.9K Cr | 77.0% | ₹10.0K Cr | ₹10.79 |
| 2018-03-31 | ₹30.0K Cr | ₹26.0K Cr | 87.0% | ₹8.2K Cr | ₹8.82 |
| 2017-03-31 | ₹25.7K Cr | ₹22.4K Cr | 87.0% | ₹7.5K Cr | ₹8.01 |
| 2016-03-31 | ₹20.7K Cr | ₹18.2K Cr | 88.0% | ₹6.0K Cr | ₹6.41 |
| 2015-03-31 | ₹17.5K Cr | ₹14.9K Cr | 85.0% | ₹5.0K Cr | ₹5.43 |
| 2014-03-31 | ₹15.6K Cr | ₹13.0K Cr | 83.0% | ₹4.5K Cr | ₹4.89 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Energy| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
PTC India Limited | ₹164.9 | ₹760.6 | +78.3% | 5.8 | 6.4% | UNDERVALUED |
Jaiprakash Power Ventures Limited | ₹15.2 | ₹47.7 | +68.2% | 22.7 | 5.8% | UNDERVALUED |
Reliance Power Limited | ₹23.2 | ₹59.5 | +61.0% | 32.8 | 1.7% | FAIRLY_VALUED |
Adani Green Energy | ₹924 | ₹1,926.8 | +52.0% | 100 | 2.9% | FAIRLY_VALUED |
CESC | ₹154 | ₹152.9 | -0.7% | 13.8 | 12.1% | FAIRLY_VALUED |
NLC India Limited | ₹274 | ₹201.6 | -35.9% | 14.5 | 13.8% | OVERVALUED |
Power Grid Corporation | ₹295 | ₹211.6 | -39.4% | 18.6 | 15.9% | OVERVALUED |
Enviro Infra Engineers Limited | ₹167.4 | ₹118.1 | -41.7% | 14.1 | — | OVERVALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
Company Documents
Annual reports, concall transcripts & regulatory filings
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