POWER GRID | ADANI POWER | POWER GRID/ ADANI POWER |
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P/E (TTM) | x | 18.7 | 15.9 | 117.5% | View Chart |
P/BV | x | 3.4 | 4.7 | 71.8% | View Chart |
Dividend Yield | % | 3.6 | 0.0 | - |
POWER GRID ADANI POWER |
EQUITY SHARE DATA | |||||
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POWER GRID Mar-24 |
ADANI POWER Mar-24 |
POWER GRID/ ADANI POWER |
5-Yr Chart Click to enlarge
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High | Rs | 299 | 589 | 50.7% | |
Low | Rs | 168 | 185 | 90.7% | |
Sales per share (Unadj.) | Rs | 49.3 | 130.5 | 37.8% | |
Earnings per share (Unadj.) | Rs | 16.7 | 54.0 | 31.0% | |
Cash flow per share (Unadj.) | Rs | 30.8 | 64.2 | 48.0% | |
Dividends per share (Unadj.) | Rs | 11.25 | 0 | - | |
Avg Dividend yield | % | 4.8 | 0 | - | |
Book value per share (Unadj.) | Rs | 93.7 | 111.9 | 83.8% | |
Shares outstanding (eoy) | m | 9,300.60 | 3,856.94 | 241.1% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 4.7 | 3.0 | 159.7% | |
Avg P/E ratio | x | 13.9 | 7.2 | 194.4% | |
P/CF ratio (eoy) | x | 7.6 | 6.0 | 125.5% | |
Price / Book Value ratio | x | 2.5 | 3.5 | 72.0% | |
Dividend payout | % | 67.2 | 0 | - | |
Avg Mkt Cap | Rs m | 2,170,780 | 1,493,407 | 145.4% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 24,344 | 6,437 | 378.2% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 458,431 | 503,513 | 91.0% | |
Other income | Rs m | 10,707 | 99,302 | 10.8% | |
Total revenues | Rs m | 469,138 | 602,815 | 77.8% | |
Gross profit | Rs m | 393,112 | 181,807 | 216.2% | |
Depreciation | Rs m | 130,953 | 39,313 | 333.1% | |
Interest | Rs m | 87,728 | 33,881 | 258.9% | |
Profit before tax | Rs m | 185,140 | 207,915 | 89.0% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 29,408 | -373 | -7,888.4% | |
Profit after tax | Rs m | 155,732 | 208,288 | 74.8% | |
Gross profit margin | % | 85.8 | 36.1 | 237.5% | |
Effective tax rate | % | 15.9 | -0.2 | -8,858.8% | |
Net profit margin | % | 34.0 | 41.4 | 82.1% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 333,197 | 255,866 | 130.2% | |
Current liabilities | Rs m | 406,880 | 157,887 | 257.7% | |
Net working cap to sales | % | -16.1 | 19.5 | -82.6% | |
Current ratio | x | 0.8 | 1.6 | 50.5% | |
Inventory Days | Days | 228 | 20 | 1,127.6% | |
Debtors Days | Days | 9 | 8 | 108.5% | |
Net fixed assets | Rs m | 2,237,763 | 663,619 | 337.2% | |
Share capital | Rs m | 93,006 | 38,569 | 241.1% | |
"Free" reserves | Rs m | 778,445 | 392,881 | 198.1% | |
Net worth | Rs m | 871,451 | 431,450 | 202.0% | |
Long term debt | Rs m | 1,050,670 | 265,950 | 395.1% | |
Total assets | Rs m | 2,570,960 | 919,484 | 279.6% | |
Interest coverage | x | 3.1 | 7.1 | 43.6% | |
Debt to equity ratio | x | 1.2 | 0.6 | 195.6% | |
Sales to assets ratio | x | 0.2 | 0.5 | 32.6% | |
Return on assets | % | 9.5 | 26.3 | 36.0% | |
Return on equity | % | 17.9 | 48.3 | 37.0% | |
Return on capital | % | 14.2 | 34.7 | 40.9% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 516 | 0 | - | |
Fx outflow | Rs m | 20,564 | 1,045 | 1,968.6% | |
Net fx | Rs m | -20,048 | -1,045 | 1,919.2% |
CASH FLOW | |||||
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From Operations | Rs m | 372,895 | 141,702 | 263.2% | |
From Investments | Rs m | -131,144 | 34,850 | -376.3% | |
From Financial Activity | Rs m | -259,033 | -168,640 | 153.6% | |
Net Cashflow | Rs m | -17,282 | 7,870 | -219.6% |
Indian Promoters | % | 51.3 | 47.2 | 108.8% | |
Foreign collaborators | % | 0.0 | 27.8 | - | |
Indian inst/Mut Fund | % | 45.2 | 14.2 | 318.2% | |
FIIs | % | 28.3 | 12.7 | 223.2% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 48.7 | 25.0 | 194.3% | |
Shareholders | 1,329,741 | 1,742,783 | 76.3% | ||
Pledged promoter(s) holding | % | 0.0 | 2.3 | - |
Compare POWER GRID With: TATA POWER ADANI GREEN ENERGY NTPC ADANI ENERGY SOLUTIONS INDIAN ENERGY EXCHANGE
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | Power Grid Corp. | ADANI POWER | S&P BSE POWER |
---|---|---|---|
1-Day | 0.99% | -0.47% | 0.65% |
1-Month | -4.82% | -13.18% | -10.80% |
1-Year | 50.53% | 34.42% | 57.13% |
3-Year CAGR | 29.31% | 73.18% | 27.77% |
5-Year CAGR | 23.46% | 54.13% | 30.49% |
* Compound Annual Growth Rate
Here are more details on the Power Grid Corp. share price and the ADANI POWER share price.
Moving on to shareholding structures...
The promoters of Power Grid Corp. hold a 51.3% stake in the company. In case of ADANI POWER the stake stands at 75.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Power Grid Corp. and the shareholding pattern of ADANI POWER.
Finally, a word on dividends...
In the most recent financial year, Power Grid Corp. paid a dividend of Rs 11.3 per share. This amounted to a Dividend Payout ratio of 67.2%.
ADANI POWER paid Rs 0.0, and its dividend payout ratio stood at 0.0%.
You may visit here to review the dividend history of Power Grid Corp., and the dividend history of ADANI POWER.
For a sector overview, read our power sector report.
On Tuesday, Indian share markets traded on a positive note throughout the session and ended marginally higher.