Power Grid Corporation of India Limited (POWERGRID) - Net Assets

Latest as of March 2026: Rs1.00 Trillion INR ≈ $10.87 Billion USD

Based on the latest financial reports, Power Grid Corporation of India Limited (POWERGRID) has net assets worth Rs1.00 Trillion INR (≈ $10.87 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.95 Trillion ≈ $31.87 Billion USD) and total liabilities (Rs1.94 Trillion ≈ $21.01 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check POWERGRID strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.00 Trillion
% of Total Assets	34.1%
Annual Growth Rate	12.13%
5-Year Change	31.8%
10-Year Change	101.53%
Growth Volatility	10.56

Power Grid Corporation of India Limited - Net Assets Trend (2003–2026)

This chart illustrates how Power Grid Corporation of India Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Power Grid Corporation of India Limited (POWERGRID) total market value.

Annual Net Assets for Power Grid Corporation of India Limited (2003–2026)

The table below shows the annual net assets of Power Grid Corporation of India Limited from 2003 to 2026. Also explore Power Grid Corporation of India Limited net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs1.00 Trillion ≈ $10.87 Billion	+8.45%
2025-03-31	Rs926.63 Billion ≈ $10.02 Billion	+6.33%
2024-03-31	Rs871.45 Billion ≈ $9.42 Billion	+7.52%
2023-03-31	Rs810.49 Billion ≈ $8.77 Billion	+6.30%
2022-03-31	Rs762.47 Billion ≈ $8.25 Billion	+9.02%
2021-03-31	Rs699.36 Billion ≈ $7.56 Billion	+8.10%
2020-03-31	Rs646.95 Billion ≈ $7.00 Billion	+9.49%
2019-03-31	Rs590.88 Billion ≈ $6.39 Billion	+8.57%
2018-03-31	Rs544.26 Billion ≈ $5.89 Billion	+9.15%
2017-03-31	Rs498.65 Billion ≈ $5.39 Billion	+16.05%
2016-03-31	Rs429.68 Billion ≈ $4.65 Billion	+11.78%
2015-03-31	Rs384.39 Billion ≈ $4.16 Billion	+10.78%
2014-03-31	Rs346.98 Billion ≈ $3.75 Billion	+31.42%
2013-03-31	Rs264.03 Billion ≈ $2.86 Billion	+11.96%
2012-03-31	Rs235.83 Billion ≈ $2.55 Billion	+10.11%
2011-03-31	Rs214.18 Billion ≈ $2.32 Billion	+34.35%
2010-03-31	Rs159.42 Billion ≈ $1.72 Billion	-6.27%
2009-03-31	Rs170.09 Billion ≈ $1.84 Billion	+10.08%
2008-03-31	Rs154.51 Billion ≈ $1.67 Billion	+44.37%
2007-03-31	Rs107.03 Billion ≈ $1.16 Billion	+7.00%
2006-03-31	Rs100.02 Billion ≈ $1.08 Billion	+3.74%
2005-03-31	Rs96.41 Billion ≈ $1.04 Billion	+19.05%
2004-03-31	Rs80.99 Billion ≈ $875.85 Million	+12.21%
2003-03-31	Rs72.18 Billion ≈ $780.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Power Grid Corporation of India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 4107320000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs41.07 Billion	4.09%
Common Stock	Rs93.01 Billion	9.25%
Other Comprehensive Income	Rs833.26 Billion	82.92%
Other Components	Rs37.60 Billion	3.74%
Total Equity	Rs1.00 Trillion	100.00%

Power Grid Corporation of India Limited Competitors by Market Cap

The table below lists competitors of Power Grid Corporation of India Limited ranked by their market capitalization.

Company	Market Cap
Sampo Oyj A HE:SAMPO	$26.48 Billion
Restaurant Brands International Inc TO:QSR	$26.53 Billion
WOODSIDE ENE. SP.ADR 1 F:WOP	$26.53 Billion
CK HUTCHISON HLDGS ADR 1 F:2CKA	$26.54 Billion
Ecopetrol S.A F:ECHA	$26.40 Billion
Huntington Bancshares Incorporated NASDAQ:HBAN	$26.38 Billion
Quest Diagnostics Incorporated NYSE:DGX	$26.31 Billion
Citizens Financial Group, Inc. NYSE:CFG	$26.29 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Power Grid Corporation of India Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 926,628,100,000 to 1,004,940,300,000, a change of 78,312,200,000 (8.5%).
Net income of 187,023,400,000 contributed positively to equity growth.
Dividend payments of 83,705,500,000 reduced retained earnings.
Other comprehensive income increased equity by 64,748,800,000.
Other factors decreased equity by 89,754,500,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs187.02 Billion	+18.61%
Dividends Paid	Rs83.71 Billion	-8.33%
Other Comprehensive Income	Rs64.75 Billion	+6.44%
Other Changes	Rs-89.75 Billion	-8.93%
Total Change	Rs-	8.45%

Book Value vs Market Value Analysis

This analysis compares Power Grid Corporation of India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.43x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 33.87x to 2.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-03-31	Rs7.76	Rs262.80	x
2004-03-31	Rs8.71	Rs262.80	x
2005-03-31	Rs10.36	Rs262.80	x
2006-03-31	Rs10.75	Rs262.80	x
2007-03-31	Rs11.50	Rs262.80	x
2008-03-31	Rs16.61	Rs262.80	x
2009-03-31	Rs18.28	Rs262.80	x
2010-03-31	Rs17.14	Rs262.80	x
2011-03-31	Rs23.02	Rs262.80	x
2012-03-31	Rs25.35	Rs262.80	x
2013-03-31	Rs28.38	Rs262.80	x
2014-03-31	Rs37.30	Rs262.80	x
2015-03-31	Rs41.32	Rs262.80	x
2016-03-31	Rs46.19	Rs262.80	x
2017-03-31	Rs53.60	Rs262.80	x
2018-03-31	Rs58.50	Rs262.80	x
2019-03-31	Rs63.52	Rs262.80	x
2020-03-31	Rs69.56	Rs262.80	x
2021-03-31	Rs56.40	Rs262.80	x
2022-03-31	Rs81.96	Rs262.80	x
2023-03-31	Rs89.23	Rs262.80	x
2024-03-31	Rs93.70	Rs262.80	x
2025-03-31	Rs99.64	Rs262.80	x
2026-03-31	Rs108.08	Rs262.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Power Grid Corporation of India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 18.61%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 40.02%
• Asset Turnover: 0.16x
• Equity Multiplier: 2.93x
Recent ROE (18.61%) is above the historical average (14.09%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	8.90%	30.03%	0.10x	2.93x	Rs-791.60 Million
2004	9.24%	33.06%	0.09x	2.95x	Rs-616.68 Million
2005	8.15%	31.26%	0.10x	2.68x	Rs-1.79 Billion
2006	10.09%	32.08%	0.11x	2.98x	Rs87.31 Million
2007	11.49%	34.25%	0.10x	3.43x	Rs1.59 Billion
2008	9.37%	31.39%	0.11x	2.80x	Rs-966.54 Million
2009	9.94%	25.69%	0.11x	3.42x	Rs-102.43 Million
2010	12.80%	28.63%	0.11x	3.99x	Rs4.47 Billion
2011	12.48%	31.03%	0.11x	3.63x	Rs5.30 Billion
2012	14.01%	32.03%	0.11x	3.99x	Rs9.45 Billion
2013	16.33%	32.76%	0.12x	4.29x	Rs16.72 Billion
2014	13.11%	29.01%	0.11x	4.08x	Rs10.78 Billion
2015	13.13%	28.58%	0.11x	4.18x	Rs12.02 Billion
2016	13.87%	28.85%	0.11x	4.23x	Rs16.62 Billion
2017	14.94%	28.99%	0.13x	3.92x	Rs24.64 Billion
2018	15.07%	27.39%	0.14x	3.94x	Rs27.61 Billion
2019	16.98%	28.62%	0.14x	4.19x	Rs41.25 Billion
2020	17.09%	29.30%	0.15x	3.97x	Rs45.90 Billion
2021	17.21%	30.36%	0.15x	3.66x	Rs50.43 Billion
2022	22.07%	40.42%	0.17x	3.29x	Rs91.99 Billion
2023	18.57%	33.81%	0.18x	3.02x	Rs71.18 Billion
2024	17.87%	33.97%	0.18x	2.88x	Rs68.59 Billion
2025	16.75%	33.90%	0.17x	2.87x	Rs62.55 Billion
2026	18.61%	40.02%	0.16x	2.93x	Rs86.53 Billion

Industry Comparison

This section compares Power Grid Corporation of India Limited's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

Industry: Utilities - Regulated Electric
Average net assets among peers: $256,317,774,415
Average return on equity (ROE) among peers: 5.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Power Grid Corporation of India Limited (POWERGRID)	Rs1.00 Trillion	8.90%	1.93x	$26.43 Billion
BAJEL PROJECTS LTD (BAJEL)	$7.48 Billion	2.71%	2.40x	$211.29 Million
CESC Limited (CESC)	$131.89 Billion	11.69%	2.52x	$2.03 Billion
DPSC Limited (DPSCLTD)	$11.60 Billion	1.40%	0.93x	$74.24 Million
Energy Development Company Limited (ENERGYDEV)	$1.64 Billion	1.79%	1.86x	$7.33 Million
NLC India Limited (NLCINDIA)	$163.74 Billion	6.67%	2.04x	$3.91 Billion
NTPC Limited (NTPC)	$1.22 Trillion	9.50%	2.09x	$34.55 Billion

About Power Grid Corporation of India Limited

NSE:POWERGRID India Utilities - Regulated Electric

Market Cap

$26.43 Billion

Rs2.44 Trillion INR

Market Cap Rank

#1018 Global

#26 in India

Share Price

Rs262.80

Change (1 day)

-2.34%

52-Week Range

Rs254.05 - Rs320.90

All Time High

Rs360.28