Power · NSE: POWERGRID
Intrynsic's multi-model valuation estimates Power Grid Corporation of India Limited's fair value at ₹207 per share (range ₹102–₹335) against a market price of ₹262 - a gap of -20.9% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹262
close of 29 Sept 2026
Est. fair value
₹207
₹102–₹335
Gap
-20.9%
price vs estimate
Trading ~21% above our estimated fair-value range. Assumptions and per-model workings are below.
Power Grid Corporation of India owns and operates most of the country's inter-state electricity transmission network under regulated returns. Its earnings are steady and grow with the new transmission projects it wins.
Power · Power Generation
Over the last 3 years, revenue grew 0.8%/yr and profit grew 1.1%/yr.
Every ₹100 of shareholder money earned ₹15.8 in profit last year, vs a sector median of 9.8%.
Debt is 1.47x shareholder equity and 3.7x yearly operating earnings — a heavy load.
The market price is above our estimated fair-value range (based on stated assumptions).
About ₹108 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.
Intrynsic values Power Grid Corporation of India Limited with 4 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| DCFFuture Cash Flows Method | ₹102 | -61% | - |
| EV/EBITDAIndustry Comparison Method | ₹335 | +28% | - |
| DDMDividend Discount Method | ₹151 | -42% | - |
| EV/EBITAfter-Depreciation Comparison Method | ₹207 | -21% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 44.8% a year for the next decade - versus 2.9% historical revenue growth.
| Revenue | ₹46,733 Cr | |
| Net profit | ₹15,928 Cr | |
| EPS | ₹17.13 | |
| Free cash flow | ₹3,652 Cr | |
| ROE (latest) | 15.8% | |
| Revenue growth (CAGR) | 6.9% | |
| Profit growth (CAGR) | 8.8% |
Intrynsic's multi-model valuation estimates Power Grid Corporation of India Limited's fair value at ₹207 per share (range ₹102–₹335), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
Power Grid Corporation of India Limited trades at ₹262 against Intrynsic's estimated fair value of ₹207 - the market price is 21% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Power Grid Corporation of India Limited trades at about 15.3 times its latest annual earnings per share.
Power Grid Corporation of India owns and operates most of the country's inter-state electricity transmission network under regulated returns. Its earnings are steady and grow with the new transmission projects it wins.
Intrynsic runs 4 valuation models for Power Grid Corporation of India Limited (DCF, EV/EBITDA, DDM, EV/EBIT) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy