Power Grid Corporation Of India Ltd.

NSE: POWERGRID BSE: 532898 SECTOR: Power Generation/Distribution

233
-6.85 (-2.86%)
NSE: 18 Jun 03:59 PM

Price Summary

Today's High

₹ 245

Today's Low

₹ 230.1

52 Week High

₹ 251.5

52 Week Low

₹ 154.6

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

121896.04 Cr.

Enterprise Value

264481.18 Cr.

No. of Shares

523.16 Cr.

P/E

10.57

P/B

1.75

Face Value

₹ 10

Div. Yield

4.29%

Book Value (TTM)

₹  133

CASH

5394.5 Cr.

DEBT

147979.64 Cr.

Promoter Holding

51.34%

EPS (TTM)

₹  22.05

Sales Growth

6.06%

ROE

22.47 %

ROCE

12.37 %

Profit Growth

8.78 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Ratios

Sales Growth

1 Year6.06%
3 Year12.07%
5 Year16.07%

Profit Growth

1 Year8.78%
3 Year12.86%
5 Year16.77%

ROE%

1 Year22.47%
3 Year21.38%
5 Year19.35%

ROCE %

1 Year12.37%
3 Year11.63%
5 Year10.78%

Debt/Equity

3.0195

Price to Cash Flow

4.13

Interest Cover Ratio

2.46029192082025

CFO/PAT (5 Yr. Avg.)

2.61240095207525

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2021 51.34 0
Dec 2020 51.34 0
Sep 2020 51.34 0
Jun 2020 51.34 0
Mar 2020 51.34 0
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 21.3787014325022% over the past 3 years.
  • The Company has been maintaining an effective average operating margins of 87.1954126024882% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 53.7974448619639 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.61240095207525.
  • The company has a high promoter holding of 51.34%.

 Limitations

  • The company has shown a poor revenue growth of 12.0668761796972% for the Past 3 years.
  • Company has high Debt to Equity ratio of 3.0195.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Net Sales 9704.47 8988.72 9057.89 9676.55 9942.49
Total Expenditure 1632.32 1111.55 1086.84 1216.02 1195.3
Operating Profit 8072.15 7877.17 7971.05 8460.53 8747.19
Other Income 705.05 631.41 832.25 634.8 763
Interest 2604.35 2278.6 2095.03 2151.07 1976.31
Depreciation 2863.56 2797.02 2896.65 2992.75 3025.26
Exceptional Items 0 -1075 -3.64 0 0
Profit Before Tax 3309.29 2357.96 3807.98 3951.51 4508.62
Tax 1102.37 773.11 682.35 1007.17 626.51
Profit After Tax 2206.92 1584.85 3125.63 2944.34 3882.11
Adjusted EPS (Rs) 4.22 3.03 5.97 5.63 7.42

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 20665.81 25710.07 29764.59 34119.12 36185.54
Total Expenditure 2388.06 3143.49 3818.68 4840.11 4785.58
Operating Profit 18277.75 22566.58 25945.91 29279.01 31399.96
Other Income 577.49 1016.04 1005.62 1614.06 2134.19
Interest 5134.93 6350.06 7590.66 9203.42 9813.62
Depreciation 6179.8 7662.8 9091.25 10200.67 11073.18
Exceptional Items 0 0 3284.19 -2526.87 1683.4
Profit Before Tax 7540.51 9569.76 13553.81 8962.11 14330.75
Provision for Tax 1592.01 2049.61 5309.16 -976.44 3519.57
Net Profit 5948.5 7520.15 8244.65 9938.55 10811.18
Adjusted EPS (Rs.) 11.37 14.37 15.76 19 20.67

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 5231.59 5231.59 5231.59 5231.59 5231.59
Total Reserves 38579.64 44575.66 49183.37 53785.55 59208.1
Borrowings 100173.31 110963.17 122420.32 131039.51 135421.11
Other N/C liabilities 10140.45 9149.91 15192.52 14845.18 15683.23
Current liabilities 28117.56 30463.22 38525.27 49147.72 48560.23
Total Liabilities 182242.55 200383.55 230553.07 254049.55 264104.26
Assets
Net Block 114942.3 135507.96 153610.35 163859.98 169836.43
Capital WIP 43623.04 35806.8 30261.17 33364.02 30180.08
Intangible WIP 172.11 77.33 45.95 214.06 219.55
Investments 836.11 1327.58 1608.27 2756.56 3763.69
Loans & Advances 4385.82 6962.06 11113.88 12046.55 13601.92
Other N/C Assets 4797.62 3947.68 14955.32 16359.52 19538.87
Current Assets 13485.55 16754.14 18958.13 25448.86 26963.72
Total Assets 182242.55 200383.55 230553.07 254049.55 264104.26
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit from operations 7540.51 9569.76 13598.04 8268.03 14687.14
Adjustment 10864.74 13435.77 12645.14 21779.64 16943.77
Changes in Assets & Liabilities -1869.9 116.16 -2133.21 -4696.78 374.94
Tax Paid -1415.59 -1870.79 -2229.19 -2201.97 -2475.75
Operating Cash Flow 15119.76 21250.9 21880.78 23148.92 29530.1
Investing Cash Flow -20904.41 -23433.64 -22980.98 -18648.45 -9665.58
Financing Cash Flow 5272.7 3870.53 -612.02 -2373.54 -18711.99
Net Cash Flow -511.95 1687.79 -1712.22 2126.93 1152.53

Corporate Actions

Investors Details

PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Promoters 51.34 51.34 51.34 51.34 51.34
PRESIDENT OF INDIA 51.34 51.34 51.34 51.34 51.34
President of India 51.34 51.34 51.34 51.34 51.34
PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
Public 4.99 5.02 6.48 6.39 6.5
ALTERNATIVE INVESTMENT FU... 0 0 0 0.03 0
IEPF 0.01 0.01 0.01 0.01 0.01
Qualified Institutional B... 0.99 0 3.19 3.16 3.08
LICI ULIP-GROWTH FUND 0 0 1.27 0 0
QUALIFIED INSTITUTIONAL B... 0.99 0 3.19 3.16 3.08
PARTICULARS Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
FII/DII 43.67 43.64 42.18 42.27 42.16
COMGEST GROWTH PLC - COMG... 1.27 1.23 1.18 0 0
LIFE INSURANCE CORPORATIO... 5.25 5.66 5.93 5.93 5.93
ICICI PRUDENTIAL NIFTY IN... 1.3 0 0 0 0
LIFE INSURANCE CORPORATIO... 1.16 0 0 0 0
SBI EQUITY HYBRID FUND 0 1.78 0 0 1.7
HDFC TRUSTEE CO LTD A/C H... 0 0 0 0 0
SBI - ETF SENSEX 0 0 0 0 0
HDFC TRUSTEE COMPANY LTD.... 3.71 0 0 0 0
RELIANCE CAPITAL TRUSTEE ... 2.27 0 0 0 0
SBI PSU FUND 1.7 0 0 0 0
GOVERNMENT OF SINGAPORE -... 0 1.67 0 0 1.95
GOVERNMENT PENSION FUND G... 0 1.12 0 0 0
HDFC TRUSTEE CO LTD A/C H... 0 4.45 0 0 0
ICICI PRUDENTIAL LARGE & ... 0 1.08 0 0 0
LIC OF INDIA GRATUITY PLU... 0 1.34 0 0 0
RELIANCE CAPITAL TRUSTEE ... 0 2.54 0 0 0
GOVERNMENT OF SINGAPORE 0 0 1.59 2.02 0
RELIANCE CAPITAL TRUSTEE ... 0 0 2.43 0 0
SBI ETF BSE 100 0 0 1.26 0 0
CAPITAL INCOME BUILDER 0 0 0 1.17 3.17
NIPPON LIFE INDIA TRUSTEE... 0 0 0 2.48 2.41
SBI NIFTY INDEX FUND 0 0 0 1.2 0

Company Presentations

Company News

Power Grid reports 6% rise in Q4 consolidated net profit18 Jun 2021, 12:18PM Power Grid Corporation acquires Sikar-II Aligarh Transmission 8 Jun 2021, 3:54PM Power Grid Corporation acquires Sikar New Transmission7 Jun 2021, 11:08AM Power Grid acquires Fatehgarh Bhadla Transco7 Jun 2021, 9:30AM Power Grid Corporation organizes vaccination camps4 Jun 2021, 12:07PM Power Grid facilitates critical healthcare infrastructure to fight against pandemic31 May 2021, 12:24PM Power Grid continues COVID-19 care initiatives for employees, family27 May 2021, 2:02PM Power Grid organises inoculation drive in Bengaluru25 May 2021, 2:05PM Power Grid organises vaccination camps in many locations21 May 2021, 1:52PM Power Grid provides ICU ventilators, organises vaccination camps in fight against COVID-1917 May 2021, 11:03AM Power Grid Corporation of India informs about clarification7 May 2021, 1:31PM Power Grid Corporation of India informs about change in address of internet website 16 Apr 2021, 12:35PM Power Grid Corporation Of India informs about interest payment of bonds15 Apr 2021, 3:36PM Power Grid acquires Bikaner-II Bhiwadi Transco26 Mar 2021, 9:15AM Power Grid Corporation of India launches E-Tendering Portal ‘PRANIT’23 Mar 2021, 3:39PM Power Grid Corporation signs SPA with Jaiprakash Power Ventures20 Mar 2021, 9:46AM Power Grid Corporation Of India informs about closure of trading window19 Mar 2021, 11:49AM Power Grid acquires Ramgarh New Transmission10 Mar 2021, 9:12AM Power Grid Corporation Of India informs about board meeting23 Feb 2021, 3:31PM Power Grid Corporation of India wins two transmission projects 18 Feb 2021, 3:16PM Power Grid Corporation of India declares successful bidder under TBCB17 Feb 2021, 1:30PM Power Grid gets nod to acquire 74% stake in Jaypee Powergrid13 Feb 2021, 8:38AM Power Grid Corporation reports 26% rise in Q3 consolidated net profit12 Feb 2021, 11:55AM Power Grid declared as successful bidder under TBCB for two projects1 Feb 2021, 9:00AM Power Grid Corporation of India informs about company updates30 Jan 2021, 12:13PM Power Grid files draft papers with SEBI for floating InVIT 29 Jan 2021, 9:19AM Power Grid signs agreement with Himachal Pradesh State Electricity Board21 Jan 2021, 1:53PM Power Grid signs ‘Termination Agreement’ amongst Rlnfra, PKTCL14 Jan 2021, 9:29AM Power Grid Corporation Of India informs about interest payment21 Dec 2020, 4:21PM Power Grid Corporation of India informs about closure of trading window21 Dec 2020, 1:38PM Power Grid signs MoU with SGPGIMS 15 Dec 2020, 9:00AM Power Grid signs MoU with Power Ministry 1 Oct 2020, 9:24AM Power Grid gets shareholders' nod to raise up to Rs 10,000 crore via bonds24 Sep 2020, 2:50PM Power Grid Corporation Of India informs about proceedings of 31st AGM23 Sep 2020, 3:54PM Power Grid commissions first leg of Raigarh-Pugalur HVDC transmission project9 Sep 2020, 2:54PM CCEA approves asset monetization of subsidiaries of Power Grid 9 Sep 2020, 12:38PM Power Grid inks MoU with ACTREC26 Aug 2020, 9:25AM Power Grid reports 18% fall in Q1 consolidated net profit11 Aug 2020, 9:46AM Power Grid gets nod for Rs 239.89 crore investment in transmission project13 Jul 2020, 12:39PM Power Grid Corporation of India informs about investor presentation23 Jun 2020, 4:36PM Power Grid Corporation of India informs about payment of interest 19 Jun 2020, 3:39PM Ministry of Power advises Power Grid to set up subsidiary18 Jun 2020, 1:37PM PowerGrid to pay Rs 13,613.66 crore as licence fee to DoT5 Jun 2020, 12:14PM

Power Grid Corpn. Stock Price Analysis and Quick Research Report. Is Power Grid Corpn. an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Power Grid Corpn. has a PE ratio of 10.7675355063394 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Power Grid Corpn. has ROA of 4.17296169259085 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Power Grid Corpn. has a Current ratio of 0.555263432648486 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Power Grid Corpn. has a ROE of 22.4732862637625 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Power Grid Corpn. has a D/E ratio of 3.0195 which means that the company has high proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Power Grid Corpn. has an Inventory turnover ratio of 27.5506235629121 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Power Grid Corpn. has reported revenue growth of 6.05648680270769 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Power Grid Corpn. for the current financial year is 86.7748830057531 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Power Grid Corpn. is Rs 10 and the yield is 4.1719 %.

Brief about Power Grid Corpn.

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