POWERGRID:NSE:NSE-Power Grid Corporation of India Limited (INR)

COMMON STOCK | Utilities - Regulated Electric |

Last Closing

USD 338.85

Change

-5.30 (-1.54)%

Market Cap

USD 3,102.21B

Volume

0.02B

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Power Grid Corporation of India Limited, an electric power transmission utility, engages in the transmission of power in India and internationally. The company operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of June 30, 2024, it owned and operated 1,77,790 circuit kilometers of transmission lines, as well as 278 substations with transformation capacity of 5,28,761 mega volt ampere. The company 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. In addition, it provides overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name; and operates electric vehicle 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-10-04 )

Largest Industry Peers for Utilities - Regulated Electric

Symbol Name Price(Change) Market Cap
NTPC:NSE NTPC Limited

-4.90 (-1.13%)

USD 4,244.23B
NLCINDIA:NSE NLC India Limited

-6.60 (-2.33%)

USD 382.78B
CESC:NSE CESC Limited

+0.84 (+0.43%)

USD 257.81B
GIPCL:NSE Gujarat Industries Power Compa..

+1.19 (+0.51%)

USD 35.19B
BAJEL:NSE BAJEL PROJECTS LTD

-4.45 (-1.56%)

USD 29.47B
DPSCLTD:NSE DPSC Limited

-0.39 (-2.02%)

USD 18.80B
ENERGYDEV:NSE Energy Development Company Lim..

+0.11 (+0.46%)

USD 1.20B

ETFs Containing POWERGRID:NSE

EDIV SPDR® S&P Emerging Marke.. 0.00 % 0.49 %

N/A

USD 0.49B
WTD8:F WisdomTree Emerging Marke.. 0.00 % 0.00 %

N/A

USD 0.11B
WTEI:F WisdomTree Emerging Marke.. 0.00 % 0.00 %

+0.08 (+1.05%)

USD 0.11B
WTD8:XETRA WisdomTree Issuer ICAV - .. 0.00 % 0.00 %

+0.25 (+1.05%)

USD 0.11B
WTEI:XETRA WisdomTree Emerging Marke.. 0.00 % 0.00 %

+0.15 (+1.05%)

USD 0.11B

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Regulated Electric) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 42.91% 88% B+ 73% C
Dividend Return 3.06% 83% B 95% A
Total Return 45.97% 88% B+ 75% C
Trailing 12 Months  
Capital Gain 71.96% 57% F 75% C
Dividend Return 5.71% 100% F 98% N/A
Total Return 77.67% 57% F 77% C+
Trailing 5 Years  
Capital Gain 206.49% 43% F 45% F
Dividend Return 36.14% 100% F 95% A
Total Return 242.63% 43% F 50% F
Average Annual (5 Year Horizon)  
Capital Gain 30.11% N/A N/A 43% F
Dividend Return 36.29% N/A N/A 48% F
Total Return 6.18% N/A N/A 98% N/A
Risk Return Profile  
Volatility (Standard Deviation) 25.96% N/A N/A 82% B
Risk Adjusted Return 139.80% N/A N/A 97% N/A
Market Capitalization 3,102.21B 88% B+ 99% N/A

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.