Power Grid Corporation of India Limited

$ 292.40 1.32 %

Power Grid Corporation of India Limited, headquartered in Gurugram, India, is a major electric power transmission utility responsible for operating the nation's electricity grid. Established in 1989 and known as National Power Transmission Corporation Limited until its name change in October 1992, the company conducts its business across three primary divisions: Transmission Services, Telecom Services, and Consultancy Services. As of July 31, 2023, its vast transmission network comprised 176,109 circuit kilometers of transmission lines and 275 substations, collectively providing a substantial transformation capacity of 512,001 mega volt ampere. Through its Consultancy Services segment, the company delivers a comprehensive range of expert advisory, including power system planning, techno-economic feasibility assessments, environmental and social impact studies, engineering design, procurement support, project and asset management, and specialized guidance on grid codes, tariff structures, market analysis, and renewable energy certificate implementation. Furthermore, under its POWERTEL brand, Power Grid Corporation of India Limited offers overhead optic fiber network services by integrating optical ground wire technology onto its power transmission lines. The company has also diversified its operations by establishing and running electric vehicle (EV) charging stations.

CEO: Rajiv Kumar - https://www.powergrid.in

Price objectif

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Recommandation

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DCF

$ 480.79

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POWERGRID.BO vs S&P500

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Quick ratio

0.59

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

14.55

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

20.10

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

20.47 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

11.01 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

5.36

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.47

means it relies more on debt, which can increase financial risk.

Free cash flow per share

0.70

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

5.90 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
2 indicates worrying financial health
Altman score
1.24 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.17 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.50 indicates a moderate level of debt, which is generally acceptable but may present some risk
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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