Power Grid Of India (BOM:532898) Dividend Payout Ratio: 0.36 (As of Mar. 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532898 Power Grid Corp Of India Ltd BOM:532898
82 GF Score
Price ₹283.65
GF Value ₹307.02
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Power Grid Of India Dividend Payout Ratio?

Power Grid Of India BOM:532898 +1.01% 82 Dividend Payout Ratio is 0.36 as of Mar. 2026, which is 35% below its 10-year median of 0.55. GuruFocus rates BOM:532898 with a GF Score™ of 82/100 and a GF Value™ of ₹307.02 (Fairly Valued). The stock has 6 warning signs investors should review. Among 375 Utilities - Regulated companies, Power Grid Of India ranks better than 61.07% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Power Grid Of India's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.36.

The historical rank and industry rank for Power Grid Of India's Dividend Payout Ratio or its related term are showing as below:

BOM:532898' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.55   Max: 0.7
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of Power Grid Of India was 0.70. The lowest was 0.18. And the median was 0.55.

BOM:532898's Dividend Payout Ratio is ranked better than
61.07% of 375 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs BOM:532898: 0.45

As of today (2026-07-20), the Dividend Yield % of Power Grid Of India is 3.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Power Grid Of India was 8.14%. The lowest was 1.41%. And the median was 4.61%.

Power Grid Of India's Dividends per Share for the months ended in Mar. 2026 was ₹3.25.

During the past 12 months, Power Grid Of India's average Dividends Per Share Growth Rate was -14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 24.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Power Grid Of India was 59.90% per year. The lowest was -10.30% per year. And the median was 22.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Power Grid Of India (BOM:532898) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Power Grid Of India Dividend Payout Ratio Related Terms

Power Grid Of India Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Power Grid Of India's Dividend Payout Ratio 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.

Power Grid Of India Dividend Payout Ratio Chart

Power Grid Of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.56 0.70 0.65 0.45

Power Grid Of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.00 0.38 1.07 0.36

BOM:532898 vs NEE, SO, DUK: Dividend Payout Ratio Comparison

For the Utilities - Regulated Electric subindustry, Power Grid Of India's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's Dividend Payout Ratio falls into.


BOM:532898
82GF Score
Power Grid Corp Of India Ltd BOM:532898
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Grid Of India Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Power Grid Of India's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=9/ 20.114
=0.45

Power Grid Of India's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=3.25/ 8.938
=0.36

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.36 mean?
Power Grid Of India (BOM:532898) has a Dividend Payout Ratio of 0.36 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Power Grid Of India and its competitors. This is 35% below median its historical median of 0.55. Over the past decade, Power Grid Of India's Dividend Payout Ratio has ranged from 0.18 to 0.70. According to the industry distribution chart, Power Grid Of India ranks #146 out of 375 companies in the Utilities - Regulated industry, placing it in the top 38.9%.
Is Power Grid Of India's Dividend Payout Ratio too high?
Power Grid Of India's current Dividend Payout Ratio of 0.36 is 35% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.70. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. Power Grid Of India's value of 0.36 is 33.3% below this industry median. Based on the distribution chart, Power Grid Of India ranks #146 out of 375 companies in the Utilities - Regulated industry, which is above 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 Dividend Payout Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Grid Of India ranks #146 out of 375 companies for Dividend Payout Ratio. This puts Power Grid Of India in the upper half of its industry. The industry median Dividend Payout Ratio is 0.54. Power Grid Of India's value of 0.36 is 33.3% below this benchmark. Historically, Power Grid Of India's own Dividend Payout Ratio has ranged from 0.18 to 0.70 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.54, 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 Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Power Grid Of India's current Dividend Payout Ratio of 0.36 is 33.3% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Power Grid Of India and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Grid Of India's current Dividend Payout Ratio is 0.36, which is 35% below median its own 10-year median of 0.55. 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 ₹307.02, compared to a current price of ₹283.65 — trading 7.6% below its estimated fair value. The current Dividend Payout Ratio is 0.36, which is 35% below median its 10-year median of 0.55 and 33.3% below the Utilities - Regulated industry median of 0.54. Power Grid Of India's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Power Grid Of India (BOM:532898), the current Dividend Payout Ratio is 0.36 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 ₹283.65 is trading 7.6% below its estimated GF Value™ of ₹307.02. GuruFocus considers Power Grid Of India to be Fairly Valued.

Key valuation signals for BOM:532898:

  • Dividend Payout Ratio: 0.36 (35% below median its 10-year median of 0.55)
  • GF Value™: ₹307.02 vs. price of ₹283.65 (7.6% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 33.3% below the Utilities - Regulated median (#146 of 375)

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 Of India Business Description

Other Exchanges POWERGRID:India
Address Sector 29, Saudamini, Plot No. 2, Gurgaon, HR, IND, 122001
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

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹283.65
Price
₹307.02
GF Value