Valuation Power Grid Corporation of India Limited

Equities

Market Closed - NSE India S.E. Other stock markets 06:57:37 2026-01-19 am EST			5-day change	1st Jan Change
257.65 ^INR	+0.14%		-0.35%	-2.63%

Jan. 08	Power Grid Corp declared as successful bidder under TBCB	RE
Dec. 30	Power Grid Corp named successful bidder for 2,000 MWh battery energy storage project	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,128,192	1,512,278	1,574,360	2,575,337	2,700,430	2,393,045	-	-
Change	-	34.04%	4.11%	63.58%	4.86%	-11.38%	-	-
Enterprise Value (EV) ¹	2,384,258	2,829,220	2,792,964	3,759,556	3,945,886	3,742,398	3,861,836	4,049,501
Change	-	18.66%	-1.28%	34.61%	4.96%	-5.16%	3.19%	4.86%
P/E ratio	9.45x	8.85x	10.3x	16.1x	17.9x	15.1x	14x	12.8x
PBR	1.62x	1.99x	1.9x	2.96x	-	2.39x	2.22x	2.04x
PEG	-	0.2x	-1x	3.47x	-2.97x	2.88x	1.79x	1.44x
Capitalization / Revenue	3x	3.79x	3.63x	5.62x	5.83x	5.16x	4.85x	4.64x
EV / Revenue	6.33x	7.09x	6.44x	8.21x	8.52x	8.07x	7.82x	7.85x
EV / EBITDA	7.21x	8.1x	7.49x	10.2x	11.2x	9.5x	9.15x	9.18x
EV / EBIT	11.2x	12.6x	11.5x	15.5x	17.2x	14.6x	14x	13.9x
EV / FCF	11.3x	13.5x	8.67x	12.8x	15.1x	32x	23.4x	-74.1x
FCF Yield	8.87%	7.42%	11.5%	7.79%	6.64%	3.12%	4.28%	-1.35%
Dividend per Share ²	6.75	11.06	11.06	11.25	9	9.194	9.71	10.29
Rate of return	5.56%	6.8%	6.54%	4.06%	3.1%	3.57%	3.77%	4%
EPS ²	12.83	18.38	16.48	17.25	16.21	17.06	18.39	20.03
Distribution rate	52.6%	60.2%	67.1%	65.2%	55.5%	53.9%	52.8%	51.4%
Net sales ¹	376,656	399,281	433,430	458,154	463,253	463,517	493,838	515,783
EBITDA ¹	330,559	349,217	372,738	367,548	352,765	393,841	422,020	441,264
EBIT ¹	213,443	223,711	243,339	241,966	229,243	256,250	276,757	291,959
Net income ¹	119,358	170,938	153,330	154,746	153,536	158,092	168,981	183,426
Net Debt ¹	1,256,065	1,316,942	1,218,605	1,184,219	1,245,456	1,349,353	1,468,791	1,656,456
Reference price ²	121.30	162.60	169.28	276.90	290.35	257.30	257.30	257.30
Nbr of stocks (in thousands)	9,300,604	9,300,604	9,300,604	9,300,604	9,300,604	9,300,604	-	-
Announcement Date	6/17/21	5/21/22	5/19/23	5/22/24	5/19/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
POWER GRID CORPORATION OF INDIA LIMITED	15.08x	8.07x	9.5x	3.57%	26.37B
GE VERNOVA INC.	88.7x	4.71x	53.06x	0.14%	185B
NEXTERA ENERGY	23.86x	9.25x	15.83x	2.71%	174B
IBERDROLA, S.A.	19.25x	3.66x	10.61x	3.69%	142B
CONSTELLATION ENERGY CORPORATION	32.53x	4.82x	21.96x	0.5%	112B
ENEL S.P.A.	13.93x	1.95x	6.7x	5.14%	110B
SOUTHERN COMPANY	21.18x	5.9x	13.13x	3.32%	97.89B
DUKE ENERGY CORPORATION	18.85x	5.63x	11.59x	3.57%	92.71B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.4x	5.16x	12.59x	3.12%	64.07B
VISTRA CORP.	34.02x	3.69x	12.4x	0.55%	56.45B
Average	28.68x	5.29x	16.74x	2.63%	106B
Weighted average by Cap.	33.80x	5.29x	20.17x	2.48%