Revenue (Standalone Q4): INR 12,082 crore.
Profit After Tax (Standalone Q4): INR 4,336 crore.
Revenue (Consolidated Q4): INR 12,591 crore.
Profit After Tax (Consolidated Q4): INR 4,143 crore.
Total Income (FY 2024-25): INR 46,325 crore.
Profit (FY 2024-25): INR 15,354 crore.
Consolidated Income (FY 2024-25): INR 47,459 crore.
EBITDA (FY 2024-25): INR 15,521 crore.
Gross Fixed Assets: INR 290,715 crore.
Capital Work in Progress: INR 36,341 crore.
Debt: INR 130,965 crore.
Net Worth: Increased from INR 87,145 crore to INR 92,063 crore.
Earnings Per Share: INR 16.69.
Book Value Per Share: INR 99.63.
Debt-Equity Ratio: 59:41.
Return on Net Worth: 16.75%.
Telecom Segment Revenue: INR 1,128 crore.
Consultancy Revenue: INR 799 crore.
Billing Realization: 103.8% with INR 38,284 crore realized.
Market Capitalization: INR 2.4 times increase since FY 2021.
Dividend Paid: INR 10.5 per share.
CapEx (FY 2024-25): INR 26,255 crore.
CapEx Outlook (FY 2025-26): Targeting INR 28,000 crore.
Release Date: May 21, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Power Grid Corp Of India Ltd (BOM:532898) achieved a system availability of 99.82% in FY25, indicating high operational efficiency.
The company has been recognized as one of the best utilities globally in terms of operational efficiency and reliability.
Power Grid Corp Of India Ltd (BOM:532898) has successfully commissioned several major projects, including a digital substation at 765 kV, enhancing technological capabilities.
The company has a robust pipeline with projects worth approximately INR 154,680 crores, ensuring future growth.
Power Grid Corp Of India Ltd (BOM:532898) has achieved a significant increase in telecom segment revenue, crossing INR 1,000 crore for the first time.
The company faced delays in project capitalization due to ROW issues and supply chain challenges, impacting timelines.
There is a reduction in dividend payout due to increased equity requirements for project execution.
The competitive intensity in TBCB projects remains high, potentially affecting future project wins.
Power Grid Corp Of India Ltd (BOM:532898) experienced a dip in ROE by about 100 basis points at the consolidated level.
The company is facing challenges with ROW compensation policies, leading to potential cost overruns and project delays.
Q: What is the transmission bid pipeline for the current financial year, and what is the guidance for FY26-’27 in terms of capitalization? A: For FY25, Power Grid had a CapEx of over INR 26,000 crore and a capitalization of over INR 9,000 crore. Due to challenges like ROW issues and skill shortages, some projects were delayed but are expected to be commissioned in Q1 and Q2 of FY26. For FY26, the expected capitalization is between INR 23,000 to 25,000 crore. The bid pipeline for FY26 is about INR 45,000 to 46,000 crore, with INR 34,000 crore already under bidding.