Power Grid Corporation of India Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Power Grid Corporation of India Limited, a central transmission utility, engages in the transmission of power in India. As of October 31, 2020, it owned and operated 1,68,140 circuit kms of transmission lines, as well as 220 EHV substations with transformation capacity of 4,19,815 MVA. 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 preparation; tariff mechanisms preparation; legal and technical advisory; and market analysis advisory services. Power Grid Corporation of India Limited offers its consultancy services to firms, utilities, government departments, and IFIs in Afghanistan, Bangladesh, Kenya, Ethiopia, the United Arab Emirates, Nepal, Bhutan, Myanmar, Kyrgyzstan, Tajikistan, and Pakistan. In addition, it provides overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name. 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 headquartered in Gurugram, India.
Key Metrics
PE ratio
-
PB ratio
-
Dividend yield
5.58%
Beta
0.23
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Utilities—Regulated Electric / Utilities |
|---|---|
| Website | https://www.powergrid.in |
| Mailing address | Saudamini, Plot No. 2 Sector-29 Near IFFCO Chowk Gurugram 122001 India |
| Phone / Fax | 91 12 4282 2000 / 91 12 4257 1990 |
Dividends
Dividend yield
5.58%
Dividend amount
₹11.75
Payout ratio
50.24%
5Y Avg. yield
4.24%
Power Grid Corporation of India Limited paid ₹11.75 dividend and the ex-dividend date was 16 Feb 2022.The dividend payout ratio is 50.24%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.POWERGRID dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
POWERGRID's forward dividend amount is ₹15.5 and the forward dividend yield is 7.51%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Power Grid Corporation of India Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Kandikuppa Sreekant | Chairman & MD and Director of opearations | 58 | 6.54M |
| Mr. Mohammed Taj Mukarrum | CFO, Director of Fin. & Whole Time Director | 59 | 7.49M |
| Ms. Seema Gupta | Whole Time Director | 59 | 8.16M |
| Mr. Vinod Kumar Singh | Director of Personnel & Whole Time Director | 58 | 8.5M |
| Mr. Abhay Choudhary | Director of Projects & Whole Time Director | 57 | 8.03M |
| Mr. Mrinal Shrivastava | Company Sec. & Compliance Officer | ||
| Satish Chandra | Exec. Director of HR | ||
| Dr. Subir Sen | Chief Operating Officer of Central Transmission Utility of India Limited | ||
| Mr. T. C. Sarmah | Exec. Director of CSR & Environment & Social Management Department and BR Head | ||
| Mr. Deepak Kashyap | Chief Vigilance Officer | 59 |
Profitability and management effectiveness
Profit margin
40.43%
Operating margin
59.54%
Return on assets
6.11%
Return on equity
23.02%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Power Grid Corporation of India Limited is and its enterprise value is .
The POWERGRID's stocks Beta value is 0.23 making it 77% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Power Grid Corporation of India Limited (NSE:POWERGRID) Frequently Asked Questions
1. What is Power Grid Corporation of India Limited's Stock Symbol?
Power Grid Corporation of India Limited trades on NSE under the ticker symbol "POWERGRID".
2. What is Power Grid Corporation of India Limited's stock price today?
One share of POWERGRID stock can currently be purchased for approximately ₹214.15.
3. How can I contact Power Grid Corporation of India Limited?
Power Grid Corporation of India Limited's mailing address is Saudamini, Plot No. 2 Sector-29 Near IFFCO Chowk Gurugram 122001 India. The company can be reached via phone at 91 12 4282 2000.
4. What is Power Grid Corporation of India Limited's official website?
The official website of Power Grid Corporation of India Limited is https://www.powergrid.in.