Power Grid Of IndiaBOM:532898 -1.44%82 Interest Coverage is 2.65 as of Mar. 2026, which is 5% below its 10-year median of 2.78. GuruFocus rates BOM:532898 with a GF Score™ of 82/100 and a GF Value™ of ₹305.77 (Fairly Valued). The stock has 7 warning signs investors should review. Among 449 Utilities - Regulated companies, Power Grid Of India ranks worse than 59.69% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Power Grid Of India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹57,710 Mil. Power Grid Of India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-21,747 Mil.
Power Grid Of India's interest coverage for the quarter that ended in Mar. 2026 was 2.65.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Power Grid Corp Of India Ltd interest coverage is 2.95, which is low.
The historical rank and industry rank for Power Grid Of India's Interest Coverage or its related term are showing as below:
BOM:532898'
s Interest Coverage Range Over the Past 10 Years
Min: 1.89 Med: 2.78 Max: 3.02
Current: 2.95
BOM:532898's Interest Coverage is ranked worse than 59.69% of 449
companies
in the Utilities - Regulated industry
Industry Median: 3.82
vs BOM:532898: 2.95
Power Grid Of India (BOM:532898) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Power Grid Of India Interest Coverage Related Terms
Power Grid Of India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Power Grid Of India's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
BOM:532898 vs NEE, SO, DUK: Interest Coverage Comparison
For the Utilities - Regulated Electric subindustry, Power Grid Of India's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Power Grid Of India Interest Coverage vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Power Grid Of India's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Power Grid Of India (BOM:532898) has a Interest Coverage of 2.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Power Grid Of India and its competitors. This is near median its historical median of 2.78. Over the past decade, Power Grid Of India's Interest Coverage has ranged from 1.89 to 3.02. According to the industry distribution chart, Power Grid Of India ranks #268 out of 449 companies in the Utilities - Regulated industry, placing it in the top 59.7%.
Is Power Grid Of India's Interest Coverage too high?
Power Grid Of India's current Interest Coverage of 2.65 is near median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 3.02. The Utilities - Regulated industry median Interest Coverage is 3.82. Power Grid Of India's value of 2.65 is 30.6% below this industry median. Based on the distribution chart, Power Grid Of India ranks #268 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Power Grid Of India has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Grid Of India's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Grid Of India ranks #268 out of 449 companies for Interest Coverage. This places Power Grid Of India in the lower half of its industry. The industry median Interest Coverage is 3.82. Power Grid Of India's value of 2.65 is 30.6% below this benchmark. Historically, Power Grid Of India's own Interest Coverage has ranged from 1.89 to 3.02 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 3.82, Power Grid Of India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.82, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Power Grid Of India's current Interest Coverage of 2.65 is 30.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Power Grid Of India and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Grid Of India's current Interest Coverage is 2.65, which is near median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Grid Of India stock overvalued right now?
Based on GuruFocus' analysis, Power Grid Of India (BOM:532898) is currently considered Fairly Valued. The stock's GF Value™ is ₹305.77, compared to a current price of ₹279.90 — trading 8.5% below its estimated fair value. The current Interest Coverage is 2.65, which is near median its 10-year median of 2.78 and 30.6% below the Utilities - Regulated industry median of 3.82. Power Grid Of India's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Power Grid Of India (BOM:532898), the current Interest Coverage is 2.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Power Grid Of India (BOM:532898) Overvalued in 2026?
Based on GuruFocus' analysis, Power Grid Of India stock appears to be undervalued.
The current stock price of ₹279.90 is trading 8.5% below its estimated GF Value™ of ₹305.77.
GuruFocus considers Power Grid Of India to be Fairly Valued.
Key valuation signals for BOM:532898:
Interest Coverage: 2.65 (near median its 10-year median of 2.78)
GF Value™: ₹305.77 vs. price of ₹279.90 (8.5% below fair value)
Industry Position: 30.6% below the Utilities - Regulated median (#268 of 449)
No single metric tells the full story. See the BOM:532898 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages the firm's nationwide transmission infrastructure and operates as a neutral carrier in the point-to-point Bandwidth Leasing Business. The company is also involved in the Consultancy business in which it provides in-house expertise in the Transmission, Distribution, and Telecom sectors, including planning, design, engineering, load dispatch, procurement management, financing, and others. It derives maximum revenue from the Transmission segment.
82GF Score
Get the complete analysis for BOM:532898
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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