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Power Grid Corporation of India is principally engaged in planning, implementation, operation and maintenance of Inter-State Transmission System (ISTS), Telecom and consultancy services.(Source : 201903 Annual Report Page No: 182) Below is the details of POWERGRID Power Grid Corporation of India Ltd Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31. Standalone Figures in The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement. Standalone Figures in A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios. Standalone Figures in Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow. Standalone Figures in Power Grid Corporation of India Ltd
Stock/Share Code - POWERGRID
Market Cap ₹101,127 Cr. Current Price ₹187.95 as on 9 Dec 19 52 Week High / Low Price ₹216.25 / ₹172.5 Face Value ₹10 Stock P/E 9.78 Book Value ₹119.23 Dividend Yield 4.31 % ROCE 10.56 % ROE 22.04 % Sales Growth (3yrs) 18.19 % Sector Power Generation & Distribution Industry Power Generation And Supply Listed on BSE AND NSE Company Website Company Website Power Grid Corporation of India Ltd Price Chart
Power Grid Corporation of India Ltd Peer Comparison in Power Generation & Distribution
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Qtr Sales Var % Sales Qtr Rs.Cr. ROCE % 1. NTPC ₹112.7 8.41 ₹115,123.17 Cr. 5.23 ₹3,400.84 Cr. 36.37 4.76 24459.70 5.88 2. Power Grid Corpn 9.78 ₹101,126.63 Cr. 4.31 ₹2,527.14 Cr. 9.37 4.78 8684.98 10.56 3. Adani Transmissi ₹207.45 45.83 ₹34,110.61 Cr. 0.00 ₹230.43 Cr. 157.46 85.76 2593.40 11.32 4. Adani Power ₹207.45 431.34 ₹24,530.13 Cr. 0.00 ₹3.88 Cr. -99.00 -16.73 5915.69 9.38 5. NHPC Ltd ₹23.9 8.26 ₹23,907.18 Cr. 6.13 ₹1,339.46 Cr. 9.93 4.25 2605.43 11.55 6. Adani Green ₹207.45 ₹21,442.64 Cr. 0.00 ₹100.25 Cr. 153.33 53.40 688.15 4.63 7. Tata Power Co. ₹52.45 22.30 ₹15,511.88 Cr. 2.27 ₹270.17 Cr. -19.54 4.41 7677.82 6.55
Talk to our investment specialistPower Grid Corporation of India Ltd Fundamentals
Quarterly Results
Rs. Crores
Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Sales 6,630 6,706 7,181 7,253 7,507 7,814 8,131 8,289 8,481 9,218 8,804 8,685 YOY Sales Growth % 23.47% 16.81% 17.35% 15.95% 13.23% 16.54% 13.22% 14.29% 12.98% 17.96% 8.28% 4.78% Expenses 679 1,089 981 778 871 1,576 1,200 1,311 902 6,850 914 1,128 Employee Cost % 4.72% 8.01% 5.62% 4.53% 5.34% 5.96% 5.56% 5.46% 5.6% 4.38% 5.66% 5.58% Operating Profit 5,951 5,617 6,200 6,475 6,636 6,238 6,931 6,978 7,580 2,368 7,890 7,557 OPM % 90% 84% 86% 89% 88% 80% 85% 84% 89% 26% 90% 87% Other Income 158 427 278 321 278 285 1,345 1,543 1,118 392 424 850 Interest 1,643 1,556 1,762 1,867 1,955 2,006 2,141 2,310 2,275 2,366 2,359 2,376 Depreciation 1,965 2,063 2,131 2,235 2,319 2,406 2,451 2,548 2,605 2,597 2,659 2,748 Profit before tax 2,501 2,425 2,585 2,693 2,640 2,111 3,684 3,663 3,817 -2,203 3,296 3,283 Tax % 23% 21% 21% 21% 23% 5% 39% 37% 39% 239% 26% 23% Net Profit 1,930 1,916 2,052 2,141 2,041 2,010 2,242 2,311 2,332 3,054 2,428 2,527 EPS in Rs 3.69 3.66 3.92 4.10 3.90 3.84 4.28 4.42 4.46 5.84 4.64 4.83 Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Profit & Loss
Rs. Crores
Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM Sales 4,615 5,690 7,127 8,286 10,051 12,679 15,115 17,177 20,666 25,710 29,765 34,119 35,188 Sales Growth % 28.55% 23.3% 25.26% 16.25% 21.3% 26.14% 19.22% 13.64% 20.31% 24.41% 15.77% 14.63% % Expenses 889 1,156 1,375 1,503 1,812 2,120 2,456 2,620 2,460 3,227 3,965 5,134 9,794 Manufacturing Cost % 3.97% 3.72% 3.55% 3.4% 3.4% 3.84% 4.91% 3.91% 3.09% 3.33% 3.15% 3.37% % Employee Cost % 14.98% 15.73% 13.43% 12.57% 11.94% 10.47% 9.26% 9.31% 7.26% 7.44% 7.22% 6.74% % Other Cost % 0.32% 0.87% 2.31% 2.17% 2.68% 2.4% 2.07% 2.03% 1.55% 1.78% 2.95% 4.93% % Operating Profit 3,725 4,534 5,752 6,783 8,239 10,558 12,659 14,558 18,206 22,483 25,800 28,986 25,395 OPM % 81% 80% 81% 82% 82% 83% 84% 85% 88% 87% 87% 85% 72% Other Income 310 431 397 866 874 974 768 796 650 1,054 4,436 -731 2,784 Interest 1,340 1,642 1,543 1,625 1,943 2,535 3,168 3,979 5,135 6,304 7,591 9,091 9,377 Depreciation 965 1,094 1,980 2,199 2,573 3,352 3,996 5,085 6,180 7,663 9,091 10,201 10,609 Profit before tax 1,731 2,229 2,626 3,825 4,598 5,645 6,264 6,289 7,541 9,570 13,554 8,962 8,193 Tax % 16% 24% 22% 29% 29% 25% 28% 21% 21% 21% 39% -11% Net Profit 1,448 1,691 2,041 2,697 3,255 4,234 4,497 4,979 5,948 7,520 8,245 9,939 10,341 EPS in Rs 3.24 3.81 4.60 5.54 6.69 9.15 8.16 9.12 10.95 14.37 15.76 19.00 19.77 Dividend Payout % 35% 30% 31% 30% 30% 30% 30% 21% 20% 30% 33% 44% Compounded Sales Growth
Compounded Profit Growth
Return on Equity
Balance Sheet
Rs. Crores
Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019 Share Capital 4,209 4,209 4,209 4,630 4,630 4,630 5,232 5,232 5,232 5,232 5,232 5,232 5,232 Reserves 9,545 10,640 11,932 16,737 18,858 21,610 29,228 32,935 38,580 44,576 49,183 53,786 57,143 Borrowings 22,263 28,465 34,417 40,883 53,402 68,188 83,170 95,045 108,255 118,698 131,213 146,086 137,070 Other Liabilities 7,239 11,042 13,062 18,333 16,778 20,235 25,458 29,417 32,596 35,013 39,093 48,314 51,365 Trade Payables 985.15 1072.88 1060.62 1470.35 200.78 3030.93 5108.87 5040.27 4486.89 3960.58 4305.45 2842.52 255.28 Total Liabilities 43,256 54,356 63,620 80,583 93,667 114,663 143,088 162,629 184,663 203,518 224,721 253,418 250,810 Fixed Assets 27,355 31,128 32,061 37,224 47,662 61,401 73,154 89,686 114,942 135,508 153,610 163,860 164,399 Gross Block 35423.95 40326.14 43213.25 50353.82 63397.81 80600.05 96503.66 118264.26 121336.82 149731.95 177100.28 197792.72 Accumulated Depreciation 8067.63 9196.58 11149.77 13128.08 15733.75 19199.41 23349.59 28578.05 6394.52 14223.96 23489.9 33932.71 CWIP 8,758 13,286 20,422 23,713 28,184 34,824 49,477 52,924 43,795 35,884 30,307 33,578 33,105 Investments 1,736 1,593 1,453 1,398 1,284 1,148 999 926 841 1,330 1,608 2,757 3,272 Other Assets 5,407 8,349 9,683 18,248 16,537 17,291 19,458 19,092 25,084 30,796 39,195 53,223 50,033 Inventories 248.42 297.74 345.06 381.77 440.57 551.78 712.67 737.91 727.59 924.2 1076.76 1248.99 1266.95 Trade receivables 1100.5 1373.56 2214.86 1114 1497.49 1434.09 1578.46 2118.65 2737.97 3221.1 3638.96 4628.74 5045.26 Cash Equivalents 1865.59 2428.88 3277.64 3680.06 2336.88 1661.97 4417.52 2062.98 2240.4 3340.59 2170.43 4332.04 5596.97 Loans n Advances 2185.22 4242.97 3841.72 9127.51 5330.74 5797.02 5674.45 7152.88 10194.68 12400.12 6239.53 14607.3 16108.53 Other Assets etc 7.19 5.5 3.56 3944.3 6931.43 7846.05 7074.96 7019.43 9183.44 10909.74 26069.2 28406.07 22015.47 Total Assets 43,256 54,356 63,620 80,583 93,667 114,663 143,088 162,629 184,663 203,518 224,721 253,418 250,810 Cash Flows
Rs. Crores
Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Cash from Operating Activity 2,991 6,591 6,619 5,565 6,403 11,284 15,399 15,042 15,120 21,251 21,881 23,149 Profit from operations 3842.22 5746.82 6063.58 7441.5 8915.25 11115.06 13083.22 14911.21 18405.25 23005.53 26243.18 30047.67 Working Capital Changes -629.48 997.84 785.59 -1111.63 -1550.91 1240.68 3473.05 1257.04 -1869.9 116.16 -2133.21 -4696.78 Taxes paid -221.91 -154.02 -230 -764.88 -961.81 -1071.95 -1156.83 -1126.48 -1415.59 -1870.79 -2229.19 -2201.97 Cash from Investing Activity -5,343 -9,157 -9,661 -13,128 -15,834 -21,948 -26,518 -23,843 -20,904 -23,434 -22,981 -18,648 Fixed Assets Purchased 0 -770.82 -147.7 -389.19 -2526.67 -3776.56 -1013.87 -1153.45 -20607.81 -21137.26 -19077.07 -19462.03 Fixed Assets Sold 261.01 0 0 0 0 0 0 5067.73 328.77 0 0 0 Capital WIP -6075.15 -8652.78 -6477.72 -13009.37 -13681.17 -18611.99 -25861.36 -28156.76 0 0 0 0 Investments purchased 0 0 0 0 0 0 0 0 0 -419.53 0 0 Investments sold 241.13 182.89 186.63 88.21 113.9 136.95 148.77 72.26 170.42 0 0 0 Cash from Financing Activity 3,021 3,129 3,890 7,966 8,089 9,990 13,874 6,447 5,273 3,871 -612 -2,374 Proceeds from Shares 1989.63 0 0 3721.18 0 0 601.86 0 0 0 0 0 Proceeds from Borrowings 4868.71 8379.85 8098.77 9506.63 14363.05 0 0 0 0 17842.85 25404.1 36932.54 Repayment of Borrowings -1930.73 -2177.89 -2142.72 -3041.02 -3666.93 0 0 0 0 -6592.24 -13411.67 -23615.6 Interest Paid -1339.55 -2481.64 -1474.68 -1452.01 -1504.94 -2235.59 -2751.84 -3678.7 -4826.8 -5802.2 -8959.48 -10266.04 Dividends Paid -464.28 -505.08 -505.08 -652.39 -949.11 -1351.89 -1192.21 -1046.32 -1103.87 -1313.12 -3034.33 -4514.87 Net Cash Flow 669 563 849 402 -1,343 -675 2,756 -2,355 -512 1,688 -1,712 2,127
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Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 ROCE % 10% 10% 9% 10% 9% 10% 9% 8% 9% 10% 12% 11% Debtor Days 87 88 113 49 54 41 38 45 48 46 45 50 Inventory Turnover 21.34 20.84 22.18 22.80 24.44 25.55 23.91 23.68 28.20 31.13 29.75 29.34 Announcements & News
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