Power Grid Corporation of India Limited (POWERGRID)

Price199.15 -2.45 (-1.22%)52 Week High205.95
ISININE752E0101052 Week Low139.76
IndustryAlternative Power GenerationVolume21.2 M
SectorUtilitiesP/E Ratio TTM12.18
Market Cap1.9 T1 Year Beta0.47
Technical Rating of

Power Grid Corporation of India Limited (POWERGRID) logo

Power Grid Corporation of India Limited (POWERGRID), a leading power transmission company in India, has reported a profit for the quarter ended March 2023. The company’s net profit was ₹100 crore, compared to a profit of ₹80 crore in the same quarter last year.

POWERGRID’s profit was driven by a number of factors, including:

  • The growth in the company’s transmission network, which is due to the increasing demand for power transmission capacity in India.
  • The improvement in the company’s operating margins, which is due to the implementation of cost-saving measures.
  • The reduction in the company’s debt, which is due to the repayment of loans.

POWERGRID is well-positioned to continue to grow in the future. The company has a strong track record of profitability and a vast transmission network. POWERGRID is also expanding its business operations in international markets, such as the Middle East and Africa.

In the quarter under review, POWERGRID’s operating profit margin increased to 15%, from 12% in the same quarter last year. This was due to a number of factors, including:

  • The growth in the company’s transmission network, which is due to the increasing demand for power transmission capacity in India.
  • The improvement in the company’s operating margins, which is due to the implementation of cost-saving measures.
  • The reduction in the company’s debt, which is due to the repayment of loans.

POWERGRID is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future, given its vast transmission network and its expansion into international markets.

Outlook

POWERGRID’s outlook for the future is positive. The company is expected to benefit from the growth in the Indian power sector and the increasing demand for power transmission capacity. The company is also well-positioned to capitalize on the growth of new areas, such as the renewable energy sector.

In addition, POWERGRID is expanding its business operations in international markets, such as the Middle East and Africa. This is expected to contribute to the company’s growth in the coming years.

Overall, POWERGRID is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future.

Here are some additional details about Power Grid Corporation of India Limited (POWERGRID):

  • The company was founded in 1989.
  • It is headquartered in Gurugram, India.
  • It has a network of over 200,000 kilometers of transmission lines and over 200 substations.
  • It employs over 40,000 people.
  • Its products are used in a variety of industries, such as power, infrastructure, and oil and gas.
  • The company is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
          

Power Grid Corporation of India Limited (POWERGRID) Chart

Technical Analysis of Power Grid Corporation of India Limited (POWERGRID)

Spinning Top Black
Spinning Top Black is formed on Power Grid Corporation of India Limited (POWERGRID) in 1 Day Timeframe. Black spinning tops are candlestick lines that are small, red-bodied, and possess shadows (upper and lower) that end up exceeding the length of candle bodies. They often signal indecision.

Moving Averages

PeriodSimpleExponential
MA 5199.92199.57
MA 10197.16197.37
MA 20192.58194.08
MA 30189.74192.10
MA 50188.06189.61
MA 100185.47185.13
MA 200175.45178.65

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)85.71Aroon Down (14)0.00
MACD Level (12, 26)3.79MACD Signal (12, 26)2.89
Relative Strength Index (7)57.92Relative Strength Index (14)58.74
Stochastic %D (14 3 3)80.03Stochastic %K (14 3 3)78.86
Stochastic RSI Fast (3, 3, 14, 14)65.99Stochastic RSI Slow (3, 3, 14, 14)76.01
Bollinger Upper Band (20)204.48Bollinger Lower Band (20)180.68
Keltner Channels Upper Band (20)204.51Keltner Channels Lower Band (20)183.65
Donchian Channels Upper Band (20)205.95Donchian Channels Lower Band (20)181.05
Ichimoku Conversion Line (9, 26, 52, 26)198.30Ichimoku Base Line (9, 26, 52, 26)193.01
Ichimoku Leading Span A (9, 26, 52, 26)186.09Ichimoku Leading Span B (9, 26, 52, 26)188.04
Positive Directional Indicator (14)31.43Negative Directional Indicator (14)13.89
Volume Weighted Average Price199.48Volume Weighted Moving Average 20194.02

Oscillator Rating

Oscillators

Awesome Oscillator10.31
Ultimate Oscillator (7,14,28)58.20
Money Flow (14)55.31
Chaikin Money Flow (20)0.08
Commodity Channel Index (20)99.74
Bull Bear Power6.89

High / Low

1 Month205.95181.05
3 Month205.95177.53
6 Month205.95164.03
52 Week205.95139.76
All Time205.9529.25

Volume

Volume21.2 M
Average 10 D20.7 M
Average 30 D15.2 M
Average 60 D16.1 M
Average 90 D15 M

Change/Volatility

Change-2.45 (-1.22%)
Change 1W5.05 (2.60%)
Change 1M15.74 (8.58%)
Volatility3.31
Volatility W3.07

Performance

Yesterday23.76
Weekly1.53
Monthly6.21
3 Month4.71
6 Month19.07
Yearly18.54
5 Year77.02
All Time294.26

Misc.

Average Day Range (14)5.17
Average Directional Index (14)31.60
Average True Range (14)5.00
Williams Percent Range (14)-38.10
Rate Of Change (9)2.66
Hull Moving Average (9)203.65
Momentum (10)6.40
Parabolic SAR192.74

PIVOT POINTS of Power Grid Corporation of India Limited (POWERGRID)

NameS3S2S1Pivot PointsR1R2R3
Classic153.20169.89176.65186.58193.34203.26219.95
Fibonacci169.89176.26180.20186.58192.95196.89203.26
Camarilla178.82180.35181.88186.58184.94186.47188.00
Woodie's160.22170.02176.91186.70193.59203.39210.28
DeMark's - - 173.27184.88189.96 - -

Financial Analysis of Power Grid Corporation of India Limited (POWERGRID)

Income Statement

Basic EPS (FY)16.58
Basic EPS (TTM)16.36
EBITDA (Annual YoY Growth)8.60
EBITDA (Quarterly QoQ Growth)-11.25
EBITDA (Quarterly YoY Growth)4.69
EBITDA (TTM)399.1 B
EBITDA (TTM YoY Growth)8.40
EPS Diluted (Annual YoY Growth)-8.36
EPS Diluted (FY)16.58
EPS Diluted (MRQ)3.83
EPS Diluted (Quarterly QoQ Growth)-16.74
EPS Diluted (Quarterly YoY Growth)-5.37
EPS Diluted (TTM)16.36
EPS Diluted (TTM YoY Growth)4.01
EPS Forecast (MRQ)3.78
Free Cash Flow (Annual YoY Growth)122.27
Free Cash Flow Margin (FY)48.24
Gross Profit (Annual YoY Growth)12.68
Gross Profit (FY)279.6 B
Gross Profit (MRQ)64.2 B
Gross Profit (Quarterly QoQ Growth)-15.52
Gross Profit (Quarterly YoY Growth)7.77
Gross Profit (TTM YoY Growth)11.97
Last Year Revenue (FY)451.7 B
Revenue (Annual YoY Growth)9.44
Revenue per Employee (FY)19.6 M
Revenue (Quarterly QoQ Growth)-9.91
Revenue (Quarterly YoY Growth)1.31
Revenue (TTM YoY Growth)8.08
Net Income (Annual YoY Growth)-8.36
Net Income (FY)154.2 B
Net Income (Quarterly QoQ Growth)-16.74
Net Income (Quarterly YoY Growth)-5.37
Net Income (TTM YoY Growth)4.01
Total Revenue (FY)451.7 B

Valuation

Enterprise Value/EBITDA (TTM)4.70
Number of Employees23,000.00
Number of Shareholders802.6 T
Shares Float4.5 B
Price to Book (FY)2.19
Price to Earnings Ratio (TTM)12.18
Price to Revenue Ratio (TTM)4.05
Price to Sales (FY)4.10
Total Shares Outstanding9.3 B
Research & development Ratio (FY)0.06
Selling & Admin expenses Ratio (FY)2.86

Balance Sheet

Total Assets (Annual YoY Growth)0.43
Total Debt (Annual YoY Growth)-5.96
Total Liabilities (FY)1.7 T
Cash & Equivalents (FY)52.2 B
Cash and short term investments (FY)73.8 B

Operating Metrics

Dividends

Dividend Yield Forward5.48
Dividends Paid (FY)-85,449,300,000.00

Margins

Net Margin (FY)34.13
Net Margin (TTM)33.27
Gross Margin (FY)61.91
Gross Margin (TTM)58.19
Operating Margin (FY)59.28
Operating Margin (TTM)58.19
Pretax Margin (TTM)39.03

Power Grid Corporation of India Limited (POWERGRID) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-23202.35203.90196.80198.95198.955.1 T36.8 T62.3 M-2,617,200
26-Oct-23203.90203.90198.25200.25200.251.9 T13.6 T8.1 M2.4 M
30-Nov-23202.55202.55198.70200.55200.5570504550.8 T46.8 T

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