Power Grid Corporation of India Ltd

An overview of Power Grid Corporation of India Ltd. (NSE: POWERGRID | BSE: 532898) stock parameters, dividend track record, and core company fundamentals is detailed below:

1. Stock Overview

Current Market Price (CMP): ~₹271 – ₹272 per share
Market Capitalization: Large Cap (~₹2.52 Lakh Crore)
52-Week High / Low: ₹324.95 / ₹250.00
Index Representation: Nifty 50, BSE Sensex, Nifty CPSE
Sector: Power – Transmission

2. Core Fundamental Metrics

Metric	Value / Estimate
Face Value	₹10.00 per share
P/E Ratio (TTM)	~13.4x – 15.8x
P/B Ratio	~2.4x – 2.5x
Dividend Yield	~3.30%
Promoter Holding	~51.34% (Government of India)
ROE / ROCE	~16.5% / ~10.2%
Operating Margin	~85%+ (Consolidated)

Key Business Strengths

Monopoly Infrastructure: Transmits nearly 85% of India’s inter-regional power capacity, providing a crucial structural backbone to the nation’s energy grid.
High Operational Reliability: Maintains a benchmark system availability rate of >99.8%.
Predictable Cash Flows: Operates primarily on a tariff-based regulated return model approved by CERC, shielding revenues from power demand volatility.
Diversification Ventures: Expanding beyond core power transmission into Telecom (POWERTEL fiber optics network), green energy corridors, smart metering, and cross-border grid interconnections.

3. Dividend Payout History

Power Grid is widely regarded as one of India’s most consistent PSU dividend payers:

Financial Year	Dividend Breakdown	Total Payout Per Share (₹)	Record / Ex-Date Details
FY 2025–26	₹4.50 (1st Int) + ₹3.25 (2nd Int) + ₹1.25 (Final)	₹9.00	Final Ex-Date: August 13, 2026
FY 2024–25	₹4.50 (1st Int) + ₹3.25 (2nd Int) + ₹1.25 (Final)	₹9.00	August 2025
FY 2023–24	₹4.50 (1st Int) + ₹4.00 (2nd Int) + ₹2.75 (Final)	₹11.25	August 2024
FY 2022–23	₹5.00 (Interims) + ₹4.75 (Final)	₹9.75	August 2023

4. Financial & Strategic Highlights

Strong Cash Conversion: High operating margins paired with disciplined debt servicing capability maintain strong credit quality.
Clean Energy Integration: Playing a leading role in connecting massive renewable energy zones (solar and wind parks) to the central grid system.

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