POWERGRID
Power Grid Corporation Of India Limited
Each stock's 10,000-path forecast, rendered as light.
Power Grid Corporation Of India Limited (POWERGRID) Stock Analysis & Case Study
Is POWERGRID a good buy? The data-driven verdict.
Power Grid Corporation Of India Limited (POWERGRID) trades at ₹272,on the numbers it screens attractive, a Downstox Snapshot Score of 72/100.
On the numbers, Power Grid Corporation Of India Limited (POWERGRID) screens attractive, a Downstox Snapshot Score of 72/100, weighing fairly valued at 15.9× earnings, ROE of 15.3%, a 61% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
The Downstox take on POWERGRID
The central question is whether a regulated transmission utility deserves a 16.9 P/E, or whether that already prices in the next capex cycle. The 16.5% ROE sitting well above a 9.74% ROCE tells you leverage is doing real work here, which fits a debt-funded grid builder but means the dividend (3.11%) and the asset base both ride on borrowing staying cheap. A Piotroski 4/8 is the thing to sit with: it hints the underlying financial momentum is softer than the steady-utility story suggests. Watch whether returns on fresh capex hold up, or just inflate the book.
Downstox editorial view, written by our own analysts on 23 Jun 2026. The figures quoted were accurate then; see the live ratios above for today's numbers. Information, not investment advice.
POWERGRID fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How POWERGRID ranks against the 2,373 companies in our screener
- POWERGRID's market cap of 2.53L Cr ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- POWERGRID's book value of ₹108 ranks in the 54th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- POWERGRID's promoter holding of 51.3% ranks in the 33rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- POWERGRID's 3-year profit (PAT) growth of -2.0% ranks in the 27th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- POWERGRID's 3-year revenue growth of 1.0% ranks in the 24th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- POWERGRID's debt-to-equity ratio of 1.47x is lower than 8% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is POWERGRID overvalued? POWERGRID P/E vs its Power
POWERGRID's P/E of 15.9× sits below the Power peer median of 20.9×, so on earnings it screens cheaper than peers, while its 3.31% dividend yield is above the peer median of 0.66%.
POWERGRID share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of POWERGRID history (10%/yr drift, 23%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| POWERGRID 2027 | ₹217 | ₹291 | ₹388 | +7% |
| POWERGRID 2028 | ₹206 | ₹311 | ₹469 | +15% |
| POWERGRID 2029 | ₹202 | ₹333 | ₹548 | +23% |
| POWERGRID 2030 | ₹200 | ₹356 | ₹634 | +31% |
| POWERGRID 2031 | ₹199 | ₹381 | ₹731 | +40% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability POWERGRID goes up, or doubles?
The bull case for POWERGRID
- POWERGRID's P/E of 15.9x is lower than 71% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- POWERGRID's return on equity of 15.3% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- POWERGRID's dividend yield of 3.3% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A 10,000-path probability model puts a 61% chance the price is higher in a year, with a median target of ₹291 (+7%).
- Relatively low volatility (23%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹548.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹202.
POWERGRID volatility & expected range, how bumpy is the ride?
Over the last 9.8 years POWERGRID compounded at 10%/year with annualized volatility of 23%. That volatility implies a 1-year 80% range of ₹217-₹388, the honest backbone behind any single price target.
POWERGRID price forecast, the full 60-month probability fan
POWERGRID price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds POWERGRID hits common targets within the simulated horizon?
Full multi-horizon detail on the POWERGRID price target & forecast page.
POWERGRID Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. POWERGRID scores 4/8, mixed financial health.
POWERGRID MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy POWERGRID with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 23.00% | 4.3× |
| Zerodha | 22.60% | 4.4× |
| Groww | 22.56% | 4.4× |
| Dhan | 22.00% | 4.5× |
| Kotak NeoCHEAPEST | 20.00% | 5.0× |
| Paytm MoneyCHEAPEST | 20.00% | 5.0× |
| Pocketful | 26.50% | 3.8× |
| Fyers | 27.03% | 3.7× |
| Anand Rathi | 26.50% | 3.8× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 26.50% | 3.8× |
Compare every broker on the POWERGRID MTF page.
POWERGRID vs peers,Power comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| POWERGRID (this stock) | 15.9× | 3.31% | ₹2.53L Cr |
| NTPC | 12.0× | 1.61% | ₹3.32L Cr |
| TATAPOWER | 31.1× | 0.66% | ₹1.22L Cr |
| NHPC | 20.4× | 2.09% | ₹77,266 Cr |
| ADANIGREEN | 117.0× | 0.00% | ₹2.26L Cr |
| ADANIPOWER | 28.3× | 0.00% | ₹4.03L Cr |
| SUZLON | 20.9× | 0.00% | ₹65,646 Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About Power Grid Corporation Of India Limited: sector, index & market-cap context
Power Grid Corporation Of India Limited (POWERGRID) is a large-cap NSE-listed company in the Power sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹2.53L Cr. See more stocks on our screener.
How the POWERGRID Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Power Grid Corporation Of India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
POWERGRID analysis, FAQs
Is Power Grid Corporation Of India Limited (POWERGRID) a good buy?
On the numbers, Power Grid Corporation Of India Limited (POWERGRID) screens attractive, a Downstox Snapshot Score of 72/100, weighing fairly valued at 15.9× earnings, ROE of 15.3%, a 61% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is POWERGRID overvalued or undervalued?
POWERGRID trades at 15.9× earnings versus a peer median of 20.9×, so it screens cheaper than its Power peers.
What is the POWERGRID share price target for 2031?
POWERGRID's probability-weighted 2031 median target is ₹381, with an 80% range of ₹199-₹731 (10,000-path Monte-Carlo).
What is the probability POWERGRID doubles in 5 years?
The modelled probability of POWERGRID reaching ₹543 (2×) within 5 years is 24%.
What is the bull case for POWERGRID?
POWERGRID's P/E of 15.9x is lower than 71% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. POWERGRID's return on equity of 15.3% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. POWERGRID's dividend yield of 3.3% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in POWERGRID?
No model or past record guarantees future returns, treat this as one input, not a decision.