About
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 2026, the company owned and operated 184,960 circuit kilometers of transmission lines, and 291 substations with an aggregate transformation capacity of 624,016 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; 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; 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; capacity building; owners and lenders' engineer; operation and maintenance; and preventive vigilance; and oil testing laboratory services, as well as human resource development. Further, it operates electric vehicle charging stations; and engages in solar power generation, smart metering solutions, battery energy storage system, and green hydrogen production. 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. The company was incorporated in 1989 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap247,956 Cr
P/E15.60
Div Yield3.38 %
Book Value₹108.00
52w High₹325.00
52w Low₹250.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,795.00 | 9,971.00 | 11,005.00 | 10,000.00 | 9,928.00 | 10,983.00 | 10,121.00 | 10,260.00 | 10,068.00 | 11,051.00 | 10,677.00 | 10,419.00 | 10,245.00 |
| Expenses | 1,790.00 | 6,288.00 | 1,586.00 | 1,990.00 | 1,810.00 | 1,760.00 | 1,598.00 | 1,473.00 | 1,385.00 | 2,083.00 | 1,276.00 | 1,371.00 | 1,584.00 |
| Operating Profit | 8,005.00 | 3,683.00 | 9,419.00 | 8,010.00 | 8,118.00 | 9,223.00 | 8,523.00 | 8,787.00 | 8,683.00 | 8,968.00 | 9,401.00 | 9,049.00 | 8,661.00 |
| OPM % | 82.00 | 37.00 | 86.00 | 80.00 | 82.00 | 84.00 | 84.00 | 86.00 | 86.00 | 81.00 | 88.00 | 87.00 | 85.00 |
| Other Income | 1,575.00 | 1,984.00 | 1,691.00 | 1,868.00 | 1,543.00 | 1,550.00 | 1,533.00 | 1,370.00 | 782.00 | 1,203.00 | 903.00 | 825.00 | 702.00 |
| Depreciation | 2,925.00 | 3,096.00 | 3,207.00 | 3,056.00 | 2,970.00 | 3,043.00 | 3,074.00 | 3,162.00 | 3,073.00 | 3,116.00 | 3,159.00 | 3,142.00 | 3,141.00 |
| Interest | 2,515.00 | 2,614.00 | 2,574.00 | 2,558.00 | 2,304.00 | 2,588.00 | 2,127.00 | 2,605.00 | 2,160.00 | 2,021.00 | 2,516.00 | 2,389.00 | 2,121.00 |
| Profit before tax | 4,140.00 | -44.00 | 5,329.00 | 4,263.00 | 4,387.00 | 5,143.00 | 4,854.00 | 4,391.00 | 4,232.00 | 5,034.00 | 4,630.00 | 4,343.00 | 4,100.00 |
| Tax % | 18.00 | -10,495.00 | 22.00 | 17.00 | 17.00 | 16.00 | 20.00 | 15.00 | 19.00 | 18.00 | 14.00 | 12.00 | 14.00 |
| Net Profit | 3,411.00 | 4,553.00 | 4,160.00 | 3,555.00 | 3,653.00 | 4,336.00 | 3,894.00 | 3,711.00 | 3,412.00 | 4,128.00 | 3,970.00 | 3,834.00 | 3,543.00 |
| EPS in Rs | 3.67 | 4.90 | 4.47 | 3.82 | 3.93 | 4.66 | 4.19 | 3.99 | 3.67 | 4.44 | 4.27 | 4.12 | 3.81 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40,904.00 | 41,431.00 | 42,391.00 | 43,343.00 | 39,933.00 | 37,666.00 | 36,186.00 | 34,119.00 | 29,765.00 | 25,710.00 | 20,666.00 | 17,177.00 |
| Expenses | 12,201.00 | 6,191.00 | 6,211.00 | 4,595.00 | 5,730.00 | 4,218.00 | 4,821.00 | 7,428.00 | 4,106.00 | 3,224.00 | 2,460.00 | 2,571.00 |
| Operating Profit | 28,703.00 | 35,241.00 | 36,181.00 | 38,748.00 | 34,203.00 | 33,448.00 | 31,365.00 | 26,691.00 | 25,659.00 | 22,486.00 | 18,206.00 | 14,606.00 |
| OPM % | 70.00 | 85.00 | 85.00 | 89.00 | 86.00 | 89.00 | 87.00 | 78.00 | 86.00 | 87.00 | 88.00 | 85.00 |
| Other Income | 7,613.00 | 5,210.00 | 3,531.00 | 1,407.00 | 6,363.00 | 1,790.00 | 3,853.00 | 1,563.00 | 4,577.00 | 1,050.00 | 650.00 | 748.00 |
| Interest | 10,050.00 | 9,479.00 | 9,047.00 | 9,744.00 | 8,211.00 | 8,501.00 | 9,814.00 | 9,091.00 | 7,591.00 | 6,304.00 | 5,135.00 | 3,979.00 |
| Depreciation | 12,330.00 | 12,352.00 | 12,558.00 | 12,940.00 | 12,551.00 | 11,712.00 | 11,073.00 | 10,201.00 | 9,091.00 | 7,663.00 | 6,180.00 | 5,085.00 |
| Profit before tax | 13,935.00 | 18,619.00 | 18,107.00 | 17,471.00 | 19,805.00 | 15,025.00 | 14,331.00 | 8,962.00 | 13,554.00 | 9,570.00 | 7,541.00 | 6,289.00 |
| Tax % | -14.00 | 18.00 | 15.00 | 12.00 | 14.00 | 21.00 | 25.00 | -11.00 | 39.00 | 21.00 | 21.00 | 21.00 |
| Net Profit | 15,921.00 | 15,354.00 | 15,475.00 | 15,333.00 | 17,094.00 | 11,936.00 | 10,811.00 | 9,939.00 | 8,245.00 | 7,520.00 | 5,948.00 | 4,979.00 |
| EPS in Rs | 17.12 | 16.51 | 16.64 | 16.49 | 18.38 | 12.83 | 11.62 | 10.69 | 8.86 | 8.09 | 6.40 | 5.35 |
| Dividend Payout % | 53.00 | 55.00 | 68.00 | 67.00 | 60.00 | 53.00 | 48.00 | 44.00 | 33.00 | 30.00 | 20.00 | 21.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9,301.00 | 9,301.00 | 9,301.00 | 6,975.00 | 6,975.00 | 5,232.00 | 5,232.00 | 5,232.00 | 5,232.00 | 5,232.00 | 5,232.00 | 5,232.00 |
| Reserves | 90,628.00 | 82,915.00 | 77,566.00 | 75,869.00 | 69,176.00 | 64,347.00 | 59,208.00 | 53,786.00 | 49,183.00 | 44,576.00 | 38,580.00 | 32,935.00 |
| Borrowings | 148,051.00 | 131,013.00 | 123,490.00 | 128,583.00 | 134,695.00 | 143,073.00 | 147,980.00 | 146,086.00 | 131,213.00 | 118,698.00 | 108,255.00 | 95,045.00 |
| Other Liabilities | 31,457.00 | 34,642.00 | 35,065.00 | 36,796.00 | 37,038.00 | 41,639.00 | 43,148.00 | 41,392.00 | 38,306.00 | 26,192.00 | 26,363.00 | 25,110.00 |
| Total Liabilities | 279,436.00 | 257,871.00 | 245,422.00 | 248,223.00 | 247,885.00 | 254,291.00 | 255,568.00 | 246,496.00 | 223,933.00 | 194,697.00 | 178,429.00 | 158,321.00 |
| Fixed Assets | 152,152.00 | 153,637.00 | 162,702.00 | 172,278.00 | 179,732.00 | 176,944.00 | 169,836.00 | 163,860.00 | 153,610.00 | 135,508.00 | 114,942.00 | 89,686.00 |
| CWIP | 8,391.00 | 12,399.00 | 9,672.00 | 7,699.00 | 7,376.00 | 17,972.00 | 30,400.00 | 33,578.00 | 30,307.00 | 35,884.00 | 43,795.00 | 52,924.00 |
| Investments | 16,392.00 | 11,312.00 | 9,340.00 | 7,415.00 | 7,229.00 | 4,265.00 | 3,764.00 | 2,757.00 | 1,608.00 | 1,330.00 | 841.00 | 926.00 |
| Other Assets | 102,500.00 | 80,522.00 | 63,707.00 | 60,832.00 | 53,548.00 | 55,110.00 | 51,568.00 | 46,301.00 | 38,408.00 | 21,975.00 | 18,851.00 | 14,784.00 |
| Total Assets | 279,436.00 | 257,871.00 | 245,422.00 | 248,223.00 | 247,885.00 | 254,291.00 | 255,568.00 | 246,496.00 | 223,933.00 | 194,697.00 | 178,429.00 | 158,321.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 31,983.00 | 31,357.00 | 34,790.00 | 35,268.00 | 24,640.00 | 27,614.00 | 29,239.00 | 23,149.00 | 21,881.00 | 21,251.00 | 16,151.00 | 15,042.00 |
| Cash from Investing Activity | -26,548.00 | -17,897.00 | -10,434.00 | -4,316.00 | 2,189.00 | -7,803.00 | -9,368.00 | -18,648.00 | -22,981.00 | -23,434.00 | -21,148.00 | -23,843.00 |
| Cash from Financing Activity | -3,996.00 | -12,357.00 | -25,882.00 | -29,264.00 | -28,801.00 | -20,186.00 | -18,712.00 | -2,374.00 | -612.00 | 3,871.00 | 5,387.00 | 6,447.00 |
| Net Cash Flow | 1,439.00 | 1,103.00 | -1,526.00 | 1,689.00 | -1,973.00 | -375.00 | 1,159.00 | 2,127.00 | -1,712.00 | 1,688.00 | 391.00 | -2,355.00 |
| Free Cash Flow | 26,409.00 | 26,237.00 | 29,278.00 | 32,204.00 | 20,995.00 | 21,224.00 | 21,233.00 | 3,687.00 | 2,804.00 | 21,213.00 | -4,337.00 | -9,201.00 |
| CFO/OP % | 122.00 | 97.00 | 105.00 | 98.00 | 83.00 | 89.00 | 101.00 | 95.00 | 94.00 | 103.00 | 96.00 | 111.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 97.00 | 64.00 | 93.00 | 120.00 | 83.00 | 82.00 | 49.00 | 50.00 | 45.00 | 46.00 | 48.00 | 45.00 |
| Cash Conversion Cycle | 97.00 | 64.00 | 93.00 | 120.00 | 83.00 | 82.00 | 49.00 | 50.00 | 45.00 | 46.00 | 48.00 | 45.00 |
| Working Capital Days | -179.00 | -132.00 | -112.00 | -151.00 | -225.00 | -192.00 | -272.00 | -300.00 | -205.00 | -242.00 | -315.00 | -343.00 |
| ROCE % | 10.00 | 13.00 | 13.00 | 13.00 | 12.00 | 12.00 | 11.00 | 10.00 | 12.00 | 10.00 | 9.00 | 8.00 |
Corporate Actions
48 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 13 Aug 2026 | 13 Aug 2026 | — | 1.25 | |
| Dividend | 09 Feb 2026 | 09 Feb 2026 | — | 3.25 | |
| Dividend | 10 Nov 2025 | 10 Nov 2025 | — | 4.50 | |
| Dividend | 19 Aug 2025 | 19 Aug 2025 | — | 1.25 | |
| Dividend | 07 Feb 2025 | 07 Feb 2025 | — | 3.25 | |
| Dividend | 14 Nov 2024 | 14 Nov 2024 | — | 4.50 | |
| Dividend | 16 Aug 2024 | 16 Aug 2024 | — | 2.75 | |
| Dividend | 15 Feb 2024 | 15 Feb 2024 | — | 4.50 | |
| Dividend | 16 Nov 2023 | 16 Nov 2023 | — | 4.00 | |
| Bonus | 12 Sep 2023 | 12 Sep 2023 | 1:3 | — | |
| Dividend | 08 Aug 2023 | 08 Aug 2023 | — | 4.75 | |
| Dividend | 08 Feb 2023 | 08 Feb 2023 | — | 5.00 | |
| Dividend | 14 Nov 2022 | 15 Nov 2022 | — | 5.00 | |
| Dividend | 19 Aug 2022 | 22 Aug 2022 | — | 2.25 | |
| Dividend | 16 Feb 2022 | 17 Feb 2022 | — | 5.50 | |
| Dividend | 22 Dec 2021 | 23 Dec 2021 | — | 3.00 | NSE/BSE dividend mismatch: BSE/NSE=4.0; BSE/NSE=3.0 |
| Dividend | 22 Dec 2021 | 23 Dec 2021 | — | 4.00 | NSE/BSE dividend mismatch: BSE/NSE=4.0; BSE/NSE=3.0 |
| Dividend | 08 Sep 2021 | — | — | 3.00 | |
| Bonus | 29 Jul 2021 | 30 Jul 2021 | 1:3 | — | |
| Dividend | 08 Mar 2021 | 09 Mar 2021 | — | 4.00 | |
| Dividend | 17 Dec 2020 | 19 Dec 2020 | — | 5.00 | |
| Dividend | 02 Sep 2020 | — | — | 4.04 | |
| Dividend | 16 Mar 2020 | 17 Mar 2020 | — | 5.96 | |
| Dividend | 19 Aug 2019 | — | — | 2.50 | |
| Dividend | 14 Mar 2019 | 15 Mar 2019 | — | 5.83 | |
| Dividend | 10 Sep 2018 | — | — | 2.80 | |
| Dividend | 08 Feb 2018 | 09 Feb 2018 | — | 2.45 | |
| Dividend | 11 Sep 2017 | — | — | 3.35 | |
| Dividend | 16 Feb 2017 | 17 Feb 2017 | — | 1.00 | |
| Dividend | 08 Sep 2016 | — | — | 1.51 | |
| Dividend | 03 Feb 2016 | 04 Feb 2016 | — | 0.80 | |
| Dividend | 07 Sep 2015 | — | — | 1.31 | |
| Dividend | 09 Mar 2015 | 10 Mar 2015 | — | 0.69 | |
| Dividend | 04 Sep 2014 | — | — | 1.31 | |
| Dividend | 04 Mar 2014 | 05 Mar 2014 | — | 1.27 | |
| Dividend | 05 Sep 2013 | — | — | 1.14 | |
| Dividend | 15 Feb 2013 | 19 Feb 2013 | — | 1.61 | |
| Dividend | 05 Sep 2012 | — | — | 1.31 | |
| Dividend | 13 Feb 2012 | 14 Feb 2012 | — | 0.80 | |
| Dividend | 06 Sep 2011 | — | — | 1.25 | |
| Dividend | 11 Feb 2011 | 14 Feb 2011 | — | 0.50 | |
| Dividend | 07 Sep 2010 | — | — | 1.00 | |
| Dividend | 11 Jan 2010 | 12 Jan 2010 | — | 0.50 | |
| Dividend | 21 Aug 2009 | — | — | 0.70 | |
| Other | 21 Aug 2009 | — | — | — | Dividend-Re.0.70 Pr Share |
| Dividend | 04 Feb 2009 | 05 Feb 2009 | — | 0.50 | |
| Dividend | 01 Sep 2008 | — | — | 0.70 | |
| Dividend | 10 Mar 2008 | 11 Mar 2008 | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update25 Aug from crisil
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Rating update24 Jun from crisil
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Rating update8 May from crisil
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Rating update23 Apr from care
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Rating update22 Apr from icra
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Rating update22 Apr from crisil