Power Grid Of India (BOM:532898) ROE %: 18.10% (As of Mar. 2026) — Near Median


BOM:532898 Power Grid Corp Of India Ltd BOM:532898
80 GF Score
Price ₹287.95
GF Value ₹305.35
Valuation Fairly Valued
! 7 Warning Signs
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What is Power Grid Of India ROE %?

Power Grid Of India BOM:532898 -0.09% 80 ROE % is 18.10% as of Mar. 2026, which is 2% above its 10-year median of 17.78. GuruFocus rates BOM:532898 with a GF Score™ of 80/100 and a GF Value™ of ₹305.35 (Fairly Valued). The stock has 7 warning signs investors should review. Among 504 Utilities - Regulated companies, Power Grid Of India ranks better than 82.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Power Grid Of India's annualized net income for the quarter that ended in Mar. 2026 was ₹181,853 Mil. Power Grid Of India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,004,940 Mil. Therefore, Power Grid Of India's annualized ROE % for the quarter that ended in Mar. 2026 was 18.10%.

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

BOM:532898' s ROE % Range Over the Past 10 Years
Min: 15.73   Med: 17.78   Max: 23.02
Current: 16.36

During the past 13 years, Power Grid Of India's highest ROE % was 23.02%. The lowest was 15.73%. And the median was 17.78%.

BOM:532898's ROE % is ranked better than
82.34% of 504 companies
in the Utilities - Regulated industry
Industry Median: 8.685 vs BOM:532898: 16.36

Power Grid Of India  (BOM:532898) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=181853.2/1004940.3
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(181853.2 / 466624.4)*(466624.4 / 2947272.6)*(2947272.6 / 1004940.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.97 %*0.1583*2.9328
=ROA %*Equity Multiplier
=6.17 %*2.9328
=18.10 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=181853.2/1004940.3
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (181853.2 / 156732.8) * (156732.8 / 230839.2) * (230839.2 / 466624.4) * (466624.4 / 2947272.6) * (2947272.6 / 1004940.3)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1603 * 0.679 * 49.47 % * 0.1583 * 2.9328
=18.10 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Power Grid Of India ROE % Related Terms


Power Grid Of India ROE % Historical Data

* Premium members only.

The historical data trend for Power Grid Of India's ROE % 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 ROE % Chart

Power Grid Of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.02 19.36 18.30 17.26 16.49

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
ROE % 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 17.88 15.67 14.42 16.92 18.10

BOM:532898 vs NEE, SO, DUK: ROE % Comparison

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

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

* The bar in red indicates where Power Grid Of India's ROE % falls into.


BOM:532898
80GF Score
Power Grid Corp Of India Ltd BOM:532898
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Power Grid Of India ROE % Calculation

Power Grid Of India's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=159279.5/( (926628.1+1004940.3)/ 2 )
=159279.5/965784.2
=16.49 %

Power Grid Of India's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=181853.2/( (0+1004940.3)/ 1 )
=181853.2/1004940.3
=18.10 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.10% mean?
Power Grid Of India (BOM:532898) has a ROE % of 18.10% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Power Grid Of India and its competitors. This is near median its historical median of 17.78. Over the past decade, Power Grid Of India's ROE % has ranged from 15.73 to 23.02. According to the industry distribution chart, Power Grid Of India ranks #89 out of 504 companies in the Utilities - Regulated industry, placing it in the top 17.7%.
Is Power Grid Of India's ROE % too high?
Power Grid Of India's current ROE % of 18.10% is near median its 10-year median of 17.78. Over the past 10 years, this metric has ranged from a low of 15.73 to a high of 23.02. The Utilities - Regulated industry median ROE % is 8.69. Power Grid Of India's value of 18.10% is 108.4% above this industry median. Based on the distribution chart, Power Grid Of India ranks #89 out of 504 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Power Grid Of India has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Grid Of India's ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Grid Of India ranks #89 out of 504 companies for ROE %. This places Power Grid Of India in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 8.69. Power Grid Of India's value of 18.10% is 108.4% above this benchmark. Historically, Power Grid Of India's own ROE % has ranged from 15.73 to 23.02 over the past decade. While the company's 10-year median is 17.78 vs. the industry median of 8.69, Power Grid Of India has consistently been above 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.69, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Power Grid Of India's current ROE % of 18.10% is 108.4% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Power Grid Of India and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Grid Of India's current ROE % is 18.10%, which is near median its own 10-year median of 17.78. 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 ₹305.35, compared to a current price of ₹287.95 — trading 5.7% below its estimated fair value. The current ROE % is 18.10%, which is near median its 10-year median of 17.78 and 108.4% above the Utilities - Regulated industry median of 8.69. Power Grid Of India's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Power Grid Of India (BOM:532898), the current ROE % is 18.10% 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 ₹287.95 is trading 5.7% below its estimated GF Value™ of ₹305.35. GuruFocus considers Power Grid Of India to be Fairly Valued.

Key valuation signals for BOM:532898:

  • ROE %: 18.10% (near median its 10-year median of 17.78)
  • GF Value™: ₹305.35 vs. price of ₹287.95 (5.7% below fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 108.4% above the Utilities - Regulated median (#89 of 504)

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.
80GF Score

Get the complete analysis for BOM:532898

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

₹287.95
Price
₹305.35
GF Value