Power Grid Corporation of India POWERGRID
State-owned operator of most of India's inter-state transmission lines
Mapped in 1 theme: Nifty 50.
Index membership
Power Grid Corporation of India is in the Nifty 50 (NSE industry: Power).
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 45,843 | 45,792 | 46,733 |
| Net profit | 15,573 | 15,521 | 15,928 |
Latest-year revenue ₹46,733 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Regulated, steady returns and high dividend
- Large pipeline of lines to connect renewables
Risks
- Competitive bidding lowers returns on new lines
- Execution delays from right-of-way issues
Common questions
What does Power Grid Corporation of India do?
State-owned operator of most of India's inter-state transmission lines.
Which industry is Power Grid Corporation of India in?
Power, in the Nifty 50.
Who are Power Grid Corporation of India's peers?
In the Nifty 50's Power industry: NTPC.
What is Power Grid Corporation of India's market cap and valuation?
As of 30 Oct 2026: market cap ₹2.46L Cr, P/E 15.5x, ROCE 9.1%, ROE 15.3%, dividend yield 3.40%.