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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Power Grid Corporation of India Limited is an electric power transmission utility company. The Company is primarily engaged in the implementation, operation and maintenance of Inter-State Transmission System (ISTS), telecom and consultancy services as its business segments.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, reasonably priced.
Power Grid Corp is scored on the commodity / cyclical framework. It keeps a fat 33.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.57× reported profit. Free cash flow is worth about 2.3% of its market value.
Over the last 3 years revenue compounded at 1%/yr and profit at 1%/yr. Book value has grown 7%/yr. Return on equity is a healthy 15.2%. In the latest quarter profit fell 21% versus the prior quarter.
At 15× earnings, the stock sits at the 27th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~5%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 14.91 | — | — |
| P/B | 2.26 | 2.53 | better |
| EV/EBITDA | 10.67 | 28.92 | better |
| ROE | 15.17 | 11.4 | better |
| ROCE | 8.63 | 9.78 | worse |
| ROA | 5.37 | — | — |
| Quick Ratio | 0.59 | 1.98 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Power | 21.1 | 5.1 | 23.7% |
| NTPC | 10.3 | 1.5 | 13.9% |
| Adani Green | 104.2 | 10.8 | 8.7% |
Revenue is on a 2-year growth streak. 1% CAGR — growing but slowly.
Operating margins have been stable around 36% — no major structural shift.
ROE at 19% — a respectable return on shareholder capital. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Low variance across years — a predictable business that earns steadily on its equity base.
1% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.6× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (7% spread) — a predictable, non-seasonal revenue stream.
Profit fell 21% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 51.3% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.