Power Grid Corporation Of India Limited

Manages India's power transmission with extensive network and fiber optic infrastructure.

1989 | South West Delhi, Delhi (India) | Active
Last Updated: July 02, 2024

Power Grid Corporation Of India Profile

Key Indicators

  • Authorised Capital ₹ 10,000.00 Cr
  • Paid Up Capital ₹ 9,300.60 Cr
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 136,935.30 Cr
  • Satisfied Charges ₹ 23,063.91 Cr
  • Revenue Growth 8.58%
  • Profit Growth -10.30%
  • Ebitda 6.74%
  • Net Worth 8.77%
  • Total Assets -0.64%

About Power Grid Corporation Of India

Power Grid Corporation Of India Limited (PGCOIL) is a leading Public Limited Union Government Company incorporated in India on 23 October 1989 and has a history of 35 years and three months. Its registered office is in South West Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532898 and on the National Stock Exchange(NSE) under POWERGRID.

The Corporate was formerly known as National Power Transmission Corporation Ltd. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10,000.00 Cr and a paid-up capital of Rs 9,300.60 Cr.

The company currently has active open charges totaling ₹136,935.30 Cr. The company has closed loans amounting to ₹23,063.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Power Grid Corporation Of India Limited India are Ravisankar Ganesan as CFO and Satyaprakash Dash as Company Secretary. Abhay Choudhary, Ravisankar Ganesan, Chetan Kankariya, and Four other members serve as directors at the Company.

Company Details

  • Location

    South West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40101DL1989GOI038121

  • Company No.

    038121

  • Stock Symbol

    BSE : 532898 NSE : POWERGRID

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    23 Oct 1989

  • Date of AGM

    30 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Energy and Power

What products or services does Power Grid Corporation Of India Limited offer?

Power Grid Corporation Of India Limited offers a wide range of products and services, including HR & Manpower Recruitment Solutions, Corporate Recruitment, Telecom Engineering Services, Telecom Infrastructure Solutions, Branding & Advertising Agencies, Advertising Service, Electric Circuit Components & Spares, Electronic Development Boards.

Who are the key members and board of directors at Power Grid Corporation Of India?

Executive Team (3)

NameDesignationAppointment DateStatus
Kumar Tyagi Country flag representing In Managing Director12-Aug-2022Current
Ravisankar Ganesan CFO26-Sep-2022Current
Satyaprakash Dash Company Secretary01-May-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Abhay Choudhary Country flag representing In Whole-Time Director 01-Nov-2020Current
Ravisankar Ganesan Country flag representing In Whole-Time Director 21-Sep-2022Current
Chetan Kankariya Country flag representing In Director 17-Nov-2021Current
Ram Naresh Country flag representing In Director 18-Nov-2021Current
Saibaba Darbamulla Country flag representing In Nominee Director 18-May-2023Current
Yatindra Dwivedi Country flag representing In Additional Director 31-Aug-2023Current

Financial Performance of Power Grid Corporation Of India.

Power Grid Corporation Of India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.58% increase. The company also saw a substantial fall in profitability, with a 10.3% decrease in profit. The company's net worth moved up by a moderate rise of 8.77%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.58%
Revenue from Operations
8.55%
Total Assets
-0.64%
Profit or Loss
-10.30%
Net Worth
8.77%
EBITDA
6.74%

What is the Ownership and Shareholding Structure of Power Grid Corporation Of India?

In 2022, Power Grid Corporation Of India had a promoter holding of 51.34% and a public holding of 48.65%. The company had 24 Subsidiaries, 10 Joint Ventures and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹136,935.30 Cr

Satisfied Charges

₹23,063.91 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 87849.75 Cr
  • State Bank Of India : 22166.00 Cr
  • International Bank For Reconstruction And Development : 13204.20 Cr
  • Asian Development Bank : 7068.22 Cr
  • Others : 4762.11 Cr
  • Others : 1885.02 Cr

Latest Charge Details

DateLenderAmountStatus
05 Apr 2019Idbi Trusteeship Services Limited₹2,000.00 CrOpen
29 Mar 2019Others₹1,500.00 CrOpen
26 Nov 2018Idbi Trusteeship Services Limited₹4,765.00 CrOpen
16 Nov 2017Others₹3,262.11 CrOpen
02 Nov 2017Idbi Trusteeship Services Limited₹3,060.00 CrOpen

How Many Employees Work at Power Grid Corporation Of India?

Power Grid Corporation Of India has a workforce of 7794 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Power Grid Corporation Of India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Power Grid Corporation Of India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Power Grid Corporation Of India

Recent activity within the organization

  • Director Appointment

    Satyaprakash Dash was appointed as a Company Secretary was appointed as a Company Secretary on 01 May 2024 & has been associated with this company since 9 months 1 day .

    01 May 2024

  • Charges

    A charge with State Bank Of India of Rs. 6,950.00 Cr registered on 14 Jan 1993 with Charge ID 90063750 was modified on 22 Nov 2023.

    22 Nov 2023

  • Director Appointment

    Yatindra Dwivedi was appointed as a Additional Director was appointed as a Additional Director on 31 Aug 2023 & has been associated with this company since 1 year 5 months .

    31 Aug 2023

  • Annual General Meeting

    Power Grid Corporation Of India Limited last Annual general meeting of members was held on 30 Aug 2023 as per latest MCA records.

    30 Aug 2023

  • Charges

    A charge registered on 19 Nov 1999 via Charge ID 80000444 with Bank Of India was fully satisfied on 27 Jun 2023.

    27 Jun 2023

  • Director Appointment

    Saibaba Darbamulla was appointed as a Nominee Director was appointed as a Nominee Director on 18 May 2023 & has been associated with this company since 1 year 8 months .

    18 May 2023

Frequently asked questions

  • Power Grid Corporation Of India Limited was incorporated on 23 Oct 1989.

  • The authorized share capital of Power Grid Corporation Of India Limited is ₹ 10,000.00 Cr and paid-up capital is ₹ 9,300.60 Cr.

  • Currently 9 directors are associated with Power Grid Corporation Of India Limited.

    • Abhay Choudhary
    • Ravisankar Ganesan
    • Chetan Bansilal Kankariya
    • Ram Naresh
    • Kumar Ravindra Tyagi
    • Saibaba Darbamulla
    • Yatindra Dwivedi
    • Ravisankar Ganesan
    • Satyaprakash Dash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Power Grid Corporation Of India Limited is B-9 Qutab Institutional Area, Katwaria Sarai, New Delhi, India, 110016.

  • The corporate identification number (CIN) of Power Grid Corporation Of India Limited is L40101DL1989GOI038121 and the company number is 038121 as per Ministry of Corporate Affairs (MCA).

  • Yes, Power Grid Corporation Of India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): POWERGRID.

  • The Official website of Power Grid Corporation Of India Limited is https://www.powergridindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Power Grid Corporation Of India Limited has risen by 8.58%.

  • As Per 2023 financial reports, 7794 employees are currently employed by Power Grid Corporation Of India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Power Grid Corporation Of India Limited has experienced an upsurge of 8.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Power Grid Corporation Of India Limited amount to ₹ 136,935.30 Cr.

  • The most recent Balance Sheet for Power Grid Corporation Of India Limited was filed with the ROC on 31 Mar 2023.

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