Power Grid Corporation of India Ltd (POWERGRID) — shareholding pattern, promoter holding, financials and share price
About Power Grid Corporation of India Ltd (POWERGRID)
Power Grid Corporation of India Ltd operates in the Power - Transmission industry, within the Power sector. It trades on the NSE as POWERGRID and on the BSE under scrip code 532898. Its ISIN is INE752E01010.
Power Grid Corporation of India Limited is a Maharatna CPSU and India’s largest electric power transmission company. GoI holds a 51.34% stake in the company as on March 31, 2021. PGCIL was incorporated in 1989 to set up extra-high voltage alternating current and high-voltage direct current (HVDC) transmission lines. The company moves large blocks of power from the central generating agencies and areas that have surplus power to load centres within and across regions. It is under the administrative control of the Ministry of Power, GoI. PGCIL also executes several strategically important projects, assigned to the company by GoI on nomination basis. Power Grid Corporation of India is principally engaged in planning, implementation, operation and maintenance of Inter-State Transmission System (ISTS), Telecom and consultancy services.
Power Grid Corporation of India Limited (POWERGRID) is India's leading power transmission utility operating a vast and complex interstate power transmission network. The company is actively expanding its capacities to meet the growing demand for electricity across India.
Recently, POWERGRID has increased its capex guidance for FY26 to ₹32,000 Cr due to robust project execution capabilities and essential ongoing developments.
Listed peers in Power - Transmission: Adani Power Ltd, NTPC Ltd, Adani Green Energy Ltd, Adani Energy Solutions Ltd, Tata Power Company Ltd, JSW Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹283.2 a share on 10 Jul 2026, Power Grid Corporation of India Ltd (POWERGRID) was valued at a price-to-earnings ratio of 14.08x against an industry P/E of 25.26x and a price-to-book of 2.84x on a book value of ₹99.63 per share as of Mar 2025. Solomo computes return on equity of 20.18% and return on capital employed of 11.52% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.08x
- Industry P/E
- 25.26x
- P/B
- 2.84x
- EPS (TTM)
- ₹20.11
- Book value / share
- ₹99.63
- ROE
- 20.18%
- ROCE
- 11.52%
- ROA
- 7.03%
- Debt / equity
- 1.41x
- Dividend yield
- 3.12%
- EBITDA margin
- 77.08%
- 52-week range
- ₹250.05 – ₹324.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Power Grid Corporation of India Ltd (POWERGRID) reported revenue of ₹46,733 crore, net profit of ₹15,928 crore and earnings per share of ₹17.13. That compares with revenue of ₹45,792 crore and net profit of ₹15,521 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹11,666 crore and net profit ₹4,546 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 41,622 | 45,581 | 45,843 | 45,792 | 46,733 |
| Net profit (₹ cr) | 16,824 | 15,417 | 15,573 | 15,521 | 15,928 |
| EPS (₹) | 18.09 | 16.58 | 16.74 | 16.69 | 17.13 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.03% | 2.74% | 1.24% | -0.11% |
| Profit growth | 10.88% | 10.55% | -5.06% | -0.33% |
| Stock price CAGR | 12% | 16% | 16% | -5% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51.34% of Power Grid Corporation of India Ltd (POWERGRID) (unchanged from the previous quarter), foreign institutional investors (FII) hold 24.33% and domestic institutional investors (DII) hold 20.7%. Market capitalisation was ₹2,63,393 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091 4.52%, PARAG PARIKH ARBITRAGE FUND 3.56%, SBI ARBITRAGE OPPORTUNITIES FUND 2.13%, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA CON 1.87%, HDFC MUTUAL FUND - HDFC BSE 500 ETF 1.76%, GOVERNMENT OF SINGAPORE 1.76%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51.34% | - | 24.33% | 20.7% | 48.66% |
| Mar 2026 | 51.34% | - | 25.03% | 20.13% | 48.66% |
| Dec 2025 | 51.34% | - | 24.73% | 20.26% | 48.66% |
| Sep 2025 | 51.34% | - | 25.67% | 19.39% | 48.66% |
| Jun 2025 | 51.34% | - | 26.51% | 18.55% | 48.66% |
| Mar 2025 | 51.34% | - | 26.78% | 18.35% | 48.66% |
| Dec 2024 | 51.34% | - | 28.12% | 17.04% | 48.66% |
| Sep 2024 | 51.34% | - | 28.26% | 16.9% | 48.66% |