Power Grid (POWERGRID) Financial Ratio Screen

NSE Utilities India INR 2748328M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Power Grid (POWERGRID) is potentially non-compliant in the automated ratio model. The company's debt ratio of 50.6% exceeds the 30% MSCI new-inclusion threshold relative to total assets. Power Grid operates in the Utilities sector.

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MSCI new-inclusion financial-ratio snapshot

POWERGRID financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
50.6%
Fail vs 30%
Cash ratio
2.5%
Pass vs 30%
Receivables + cash
5.5%
Pass vs 30%
Impermissible income
3.8%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: March 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodMarch 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Utilities - Regulated Electric) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Power Grid Corporation of India Limited, an electric power transmission utility, engages in the power transmission business in India and internationally. It operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of 31 March 2025, the company owned and operated 180,195 circuit kilometers of transmission lines, and 282 substations with an aggregate transformation capacity of 551,961 mega volt amperes. It also provides telecom services that offer overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name, as well as lease lines, MPLS-VPN, data, infrastructure, and international long-distance services. In addition, it provides consultancy services to the transmission, distribution, and telecom sectors on system planning and feasibility studies; environmental and social studies; design and engineering; contract/procurement services; project management and construction supervision; capacity building; operation and maintenance; asset management; owners' and lenders' engineer services to utilities and funding institutions; preparation of grid code, tariff mechanisms, and market analysis; legal and technical advisory in power transmission; power system studies/DPR preparation; smart grid and EV charging; load despatch and communication; sub-transmission/distribution/rural electrification services; testing and quality assurance and inspection; energy efficiency; and preventive vigilance, as well as human resource development. Further, it operates electric vehicle charging stations; and engages in solar power generation, green hydrogen production, smart metering, and data centers. The company was formerly known as National Power Transmission Corporation Limited and changed its name to Power Grid Corporation of India Limited in October 1992. Power Grid Corporation of India Limited was incorporated in 1989 and is based in Gurugram, India.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 50.6%
/ 30%
2.5%
/ 30%
5.5%
/ 30%
3.78%
/ 5%
RATIOS FAIL*
FTSE 50.6%
/ 33%
2.5%
/ 33%
5.5%
/ 50%
3.78%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
19.0
Forward: 16.0
EPS
$15.57
Dividend Yield
415.0%
Payout: 57.8%
P/B Ratio
2.8
EV/EBITDA
10.3
EV: $4.0T
Revenue
$440.7B
Growth: 10.3%
Beta
0.2
Low volatility

Profitability

Gross Margin 97.8%
Operating Margin 58.7%
Net Margin 32.8%

Cash Flow & Balance Sheet

Operating Cash Flow$362.2B
Free Cash Flow$120.9B
Total Debt$1.3T
Debt-to-Equity141.2
Total Assets$2.7T

Price & Trading

Last CloseINR 295.00
50-Day MAINR 288.31
200-Day MAINR 282.80
Avg Volume15.5M
Beta0.2
52-Week Range
INR 250.00
INR 322.00

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period March 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Power Grid (POWERGRID)

CEO
Rajiv Kumar
Employees
9,048
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
India
Exchange
NSE
Market Cap (listing currency)
INR 2748328M
Currency
INR

Power Grid Corporation of India Limited, an electric power transmission utility, engages in the power transmission business in India and internationally. It operates in three segments: Transmission Services, Telecom Services, and Consultancy Services. As of 31 March 2025, the company owned and operated 180,195 circuit kilometers of transmission lines, and 282 substations with an aggregate transformation capacity of 551,961 mega volt amperes. It also provides telecom services that offer overhead optic fiber network services using optical ground wire on power transmission lines under the POWERTEL brand name, as well as lease lines, MPLS-VPN, data, infrastructure, and international long-distance services. In addition, it provides consultancy services to the transmission, distribution, and telecom sectors on system planning and feasibility studies; environmental and social studies; design and engineering; contract/procurement services; project management and construction supervision; capacity building; operation and maintenance; asset management; owners' and lenders' engineer services to utilities and funding institutions; preparation of grid code, tariff mechanisms, and market analysis; legal and technical advisory in power transmission; power system studies/DPR preparation; smart grid and EV charging; load despatch and communication; sub-transmission/distribution/rural electrification services; testing and quality assurance and inspection; energy efficiency; and preventive vigilance, as well as human resource development. Further, it operates electric vehicle charging stations; and engages in solar power generation, green hydrogen production, smart metering, and data centers. The company was formerly known as National Power Transmission Corporation Limited and changed its name to Power Grid Corporation of India Limited in October 1992. Power Grid Corporation of India Limited was incorporated in 1989 and is based in Gurugram, India.

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Frequently Asked Questions

Is Power Grid (POWERGRID) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Power Grid's debt ratio?

Power Grid's debt ratio is 50.6% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Power Grid's key financial metrics?

Power Grid has a market capitalization of INR 2748328M in its listing currency, trailing P/E ratio of 19.0, and revenue of $440.7B. The company maintains a gross margin of 97.8% and a net margin of 32.8%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: March 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.