Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — FY2025 Earnings Presentation
47 slides from Power Grid Corporation Of India's earnings presentation, May 21, 2025
Slide 1: Regulation 30 filing cover letter to NSE and BSE
Dt: 21st May, 2025 To To The General Manager (Listing) The General Manager (Listing) National Stock Exchange of India Limited BSE Limited Exchange Plaza, C 1/G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (East), Mumbai. Reference: NSE-SCRIP ID: POWERGRID; BSE
Slide 2: Q4FY25 & FY25 Investor Presentation
Q4FY25 & FY25 Investor Presentation (May 21, 2025) Tower location # 23/4, 220kV D/C Namsai – Kathalguri Transmission Line
Slide 3: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: ▪ This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 4: Agenda
Agenda Overview Major Highlights Performance Highlights Growth Outlook Sustainability, CSR & Awards 3
Slide 5: Overview
Overview India’s FLAGSHIP Power Transmission Utility SHAREHOLDING# HIGHEST MARKET CAP*: ₹3.4 trillion GoI: 51.34% | FII: 26.78% | DII: 18.35% (on 25-Sep-24) MOU RATING: “Excellent” SINCE OPERATES ≍ 84% OF INTER-REGIONAL 1993-94 NETWORKS # As on 31.03.2025 *M-Cap based on maximum share price of ₹366.
Slide 6: Board Overview
Board Overview From Boardroom to Grid: POWERGRID’s Leadership in Action Chairman & Director (Finance) Director (Personnel) Director (Operations) Director (Projects) Managing Director Govt. Nominee Govt. Nominee Independent Director Independent Director Independent Director Director Director POWERGRI
Slide 7: Transmission Overview
Transmission Overview STRENGTHENING THE GRID TO MEET THE DEMANDS OF TODAY AND TOMORROW Transmission Lines Sub-Stations IR capacity System Availability 1,533 nos. 283 nos.# 99,580 MW 1,80,239 ckm 5,64,961 MVA 84% of total IR 99.82% NATIONAL TRANSMISSION DOMINANCE 18 66 168 20 66 >2,90,000 >3,800 HVDC
Slide 8: TBCB Highlights (FY25)
TBCB Highlights (FY25) Record-breaking TBCB project wins (24) in POWERGRID's history MAJOR PROJECTS WON COST OF PROJECTS WON TS for evacuation of Transmission system power from potential ~ ₹92,000 Cr. RE zone in Khavda (TS) for evacuation of area of Gujarat under power from Rajasthan Phase-V (8 GW):
Slide 9: International Benchmarking (ITOMS 2025 Results)
International Benchmarking (ITOMS 2025 Results) POWERGRID ranked in first quadrant - Best performing Global Utilities High Operational Performance at Low Operational Cost Ranked among best performers Transmission Lines Transformers Circuit Breakers Control & Protection 8
Slide 10: World's Largest Digital Substation
World’s Largest Digital Substation 765kV/400kV/220kV Navsari (Gujarat) Substation based on IEC 61850 commissioned Advantages • Reduction in use of copper cables – Helps in reducing CO2 footprint • Faster Commissioning • Online Testing • Reduced Downtime 9
Slide 11: Performance Highlights
Performance Highlights Project Execution Operational Performance Financial Performance Other Businesses Commercial Performance 10
Slide 12: Towards Project Excellence
Towards Project Excellence Centralized Project Dedicated RoW and Skill Development Bulk Procurement Monitoring Control Land Acquisition Centers Strategy Centre Cells Pre-Fabricated Advanced Tower Drone-Based Firewalls for Porta Decks for Erection Stringing Transformers & Adverse Conditions Technique
Slide 13: Continuing Excellence
Continuing Excellence .. ACHIEVEMENT POWERGRID in a remarkable achievement oversaw erection of 765 kV DA type tower (37.4 MT) in 765 kV Banaskantha – Ahmedabad line in a single day 12
Slide 14: Project Execution
Project Execution Financial Performance – Q1FY21 Capex Capitalization* (₹ in crore) (₹ in crore) 9,014 26,255 7,618 12,500 3,417 8,604 7,649 2,320 2,381 5,387 4,810 1,615 1,686 1,784 1,838 1,591 4,615 2,740 3,444 1,506 Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total FY24 FY25 FY24 FY25 Consolidated Consolidated
Slide 15: Major elements commissioned (FY25)
Major elements commissioned (FY25) • 765/400 kV Navsari S/s • 765/400 kV Sikar-II Sub-Station • 400/220 kV Navi Mumbai S/s SUBSTATIONS • 765/400/220 kV Kurnool–II • Khavda Pooling Station–II (KPS-II) TRANSMISSION LINES 765kV 400kV • 400 kV D/c Navasari (New) - Magarwada • 765 kV D/c Fatehgarh-II - B
Slide 16: Operational Performance (Yearly)
Operational Performance (Yearly) Availability Tripping per line per year 99.83% 99.82% 99.85% 99.82% 99.78% 0.36 0.33 99.75%* 0.27 0.28 0.27 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 * Full incentive capped at 99.75% 15
Slide 17: GRIDCON 2025
GRIDCON 2025 POWERGRID organized GRIDCON 2025, an International Conference Cum Exhibition HIGHLIGHTS GRIDCON 2025 provided a unique platform for key stakeholders to explore the future of India’s power transmission sector, align with global energy transition trends, and discuss transformative technol
Slide 18: Technology Development Highlights (1/4)
Technology Development Highlights (1/4) A testament to POWERGRID’s drive for innovation and indigenous tech development… Patent bestowed for an invention entitled ‘System and method for health assessment of Transformers / Reactors’ Centralized monitoring and diagnostics of large fleet of Transformer
Slide 19: Technology Development Highlights (2/4)
Technology Development Highlights (2/4) POWERGRID’s first all-terrain Substation Inspection Robot put into operation 18
Slide 20: Technology Development Highlights (3/4)
Technology Development Highlights (3/4) Progressing Towards The Future… SF6 free Circuit Breakers: Super-hydrophobic coating for A pilot project for replacement of insulators for enhancing the self- Non-Destructive Testing existing 145kV SF6 Circuit cleaning, anti-icing, etc., to technique for evalu
Slide 21: Technology Development Highlights (4/4)
Technology Development Highlights (4/4) Insulated Cross Arms (ICA) Insulated Tower POWERGRID is Compact design ICA enables Cross Arm developing 400kV using horizontal transmission technology ICA indigenously ‘V’ insulators expansion in addresses RoW under a focused significantly space- challenges in
Slide 22: Benchmark in engineering solution
Benchmark in engineering solution.. 220kV Underground Cable in Hilly Terrain POWERGRID’s 220 kV Srinagar–Leh line spans 8,000–12,000 feet across snowbound and avalanche-prone terrain The Alusteng–Drass section runs through mountainous terrain highly vulnerable to avalanches A 12 km underground cable
Slide 23: Financial Performance (Q4FY25)
Financial Performance (Q4FY25) Standalone Consolidated (₹ in crore) (₹ in crore) 12,482 12,305 12,591 12,254 4,128 4,336 4,166 4,143 Income PAT Income PAT Q4FY24 Q4FY25 Q4FY24 Q4FY25 22
Slide 24: Financial Performance (FY25)
Financial Performance (FY25) Standalone Consolidated (₹ in crore) (₹ in crore) 46,325 46,913 47,459 45,815 15,475 15,354 15,573 15,521 Income PAT Income PAT FY24 FY25 FY24 FY25 23
Slide 25: Financial Performance (Consolidated)
Financial Performance – Q1FY21 Financial Performance (Consolidated) Growth Growth Description Q4FY25 Q4FY24 FY25 FY24 (%) (%) Income - Transmission Charges 11,650 11,568 1 44,018 44,468 (1) - Consultancy Services 372 182 104 798 553 44 - Telecom 254 228 11 976 822 19 CONSOLIDATED - Other Income 315
Slide 26: Financial Performance (Standalone)
Financial Performance – Q1FY21 Financial Performance (Standalone) Growth Growth Description Q4FY25 Q4FY24 FY25 FY24 (%) (%) Income - Transmission Charges 10,751 10,890 (1) 40,843 41,873 (2) - Consultancy Services 232 161 44 588 518 14 - Other Income 1,500 1,203 25 4,894 3,424 43 STANDALONE Total Inc
Slide 27: Financial Highlights (Standalone and Consolidated)
Financial Highlights –Q1FY21 (Standalone) Financial Performance Description Standalone Consolidated As on 31.03.25 As on 31.03.24 As on 31.03.25 As on 31.03.24 Gross Fixed Assets$ (₹ in crore) 2,64,205 2,60,268 2,90,715 2,81,312 Capital Work-in-Progress# (₹ in crore) 12,565 10,036 36,341 19,468 Debt
Slide 28: Other Key Financial Information
Other Key Financial Information Description FY25 FY24 Income for previous periods (Consol.) 426 826 Int. on differential tariff* 837 966 Int. from Subsidiaries & JVs* 2,139 1459 Average Cost of Incentive (Consol.) 485 573 Borrowing# Dividend from JVs* 114 68 7.41% in Q4FY25 Dividend from Subsidiarie
Slide 29: Telecom Segment (FY25)
Telecom Segment (FY25) Income crosses ₹1,000 Cr. for the first time Total Income# ₹1,128 Cr. (In FY25) ₹910 Cr. 24% ₹1,128 Cr. (FY24) (FY25) # On consolidated basis before elimination of inter-segment revenue Total Order Received ~ ₹412 Cr. Major projects under implementation HIGHLIGHTS (incl. multi
Slide 30: Consultancy Segment (FY25)
Consultancy Segment (FY25) International Revenue from Operations# 16 ONGOING ASSIGNMENTS 08 ORDERS DURING FY25 ₹799 Cr. • Footprints: 24 Countries spanning Africa, Middle East, (In FY25) Central Asia, Pacific region, SAARC & BIMSTEC • New Business opportunities being explored in USA & Australia YoY
Slide 31: Commercial Performance (Apr'24 - Mar'25)
Commercial Performance (Apr’24 - Mar’25) Outstanding dues (at end of Qtr) (in ₹ crore) BILLING ₹36,877 crore 4,795 1,711 3,388 REALIZATION ₹38,284 crore 1,336 26.38* 20.31* 3,084 2,052 % REALIZATION 103.8% FY24 FY25 o/s > 45 days o/s < 45 days *Receivable (days billing) 30
Slide 32: Investor-Centric Growth
Investor-Centric Growth Sustainable value creation even during volatile market environment FY21 – FY25 MARKET CAPITALIZATION VS SHARE PRICE M-CAP SURGE ~ 2.4X 276.9 290.35 PRICE APPRECIATION ~ 2.4X (adjusted for 2 Bonus issues) 169.28 162.6 121.3 270,136 257,673 PRICE CAGR DIVIDEND (FY21 - FY25) (PA
Slide 33: Investment-led Growth
Investment-led Growth Investment-led Asset Growth … (₹ in crore) Capital Expenditure 26,255 FY21 – FY25 Capex 11,284 12,500 > ₹68,000 Cr. 9,060 9,212 FY21 FY22 FY23 FY24 FY25 32
Slide 34: Growth Outlook
Growth Outlook Sectoral Outlook Business Outlook & Works in Hand Capex Outlook 33
Slide 35: Sectoral Outlook
Sectoral Outlook Future Growth Levers… Ascending India Clean Energy Commitments $10 Trillion economy by 2032; > 600 GW non-fossil fuel capacity by 2032 Industrialization, Urbanization, and e-mobility adoption ~ 71 GW* additional electricity demand on account of green hydrogen production by 2032 Ener
Slide 36: Business Outlook 2032
Business Outlook 2032 Estimated Outlay up to year 2032: ₹3,06,600 crore Transmission Business: ₹2,99,100 Cr. Other Business: ₹7,500 Cr. 01 2600, 1% 1000, 0% 02 25,000, 8% 1500, 20% 3000, 40% 3000, 40% 270,500, 91% Inter State Intra State Cross Border International Projects Solar Generation Smart Met
Slide 37: Works in Hand
Works in Hand Building a Sustainable Energy Future Together… TBCB 01 02 New RTM ₹1,05,094 Cr. ₹37,221Cr. Works in Hand# ~ ₹1,54,680 Cr. Ongoing RTM Others* ₹9,580 Cr. 03 04 ₹2,785 Cr. # As on 15.05.2025 * Includes Cross-Border, Data Centre, Smart Metering 36
Slide 38: Capex Outlook
Capex Outlook Leading Energy Transition for a Sustainable Future… FY 25-26 FY 26-27 FY 27-28 ₹28,000 Cr. ₹35,000 Cr. ₹45,000 Cr. (₹ in crore) 37
Slide 39: Sustainability & Awards
Sustainability & Awards Sustainability CSR, Awards & Recognition 38
Slide 40: Sustainability Targets & Achievements
Sustainability Targets & Achievements By 2025 By 2030 50% of electricity Net Water TARGETS consumption from RE Positive By 2030 By 2047 Zero Waste to Net Zero Emissions Landfill status organization ACHIEVEMENTS 40.61% reduction in 5.23% reduction in 21% increase in emission Scope-1 emissions Scope-2
Slide 41: Sustainability Initiatives (1/2)
Sustainability Initiatives (1/2) #1 1ST ICT WITH ESTER OIL IN POWERGRID • 132/33kV, 10 MVA ICT at HVDC Pusauli FY25 substation charged successfully after retro-filling with natural Ester oil PAST INITIATIVES • Earlier the retro-filling with Ester oil has • 400kV Shunt Reactor with Natural Ester FY24
Slide 42: Sustainability Initiatives (2/2)
Sustainability Initiatives (2/2) #2 85 MW Solar PV Power Project at Nagda commissioned in April 2025 Pilot Project on Green Hydrogen at Neemrana Substation envisages to #3 meet the captive load using solar-powered green hydrogen 41
Slide 43: Major CSR activities - Vishram Sadans (1/2)
Major CSR activities - Vishram Sadans (1/2) 01 Foundation ceremony for 250 bedded “Vishram Sadan” at AIIMS, Bilaspur (H.P)” being constructed by POWERGRID Foundation stone for 500 bedded Vishram Sadan at AIIMS, Gorakhpur being constructed by POWERGRID 42
Slide 44: Major CSR activities - Skill Development (2/2)
Major CSR activities - Skill Development (2/2) 02 POWERGRID’s flagship CSR initiative empowers youth in Bassi, Banka, and Malda through skill development for the power sector, enhancing employability and promoting regional growth ‘THIRA’ (meaning “Waves”) is a skill development program for unemploye
Slide 45: Awards & Recognition (1/2)
Awards & Recognition (1/2) CMD, POWERGRID conferred with Director (Finance), POWERGRID has been Director (Operations), POWERGRID prestigious “CBIP Individual Award” for recognized as “Best CFO – Energy & EPC” conferred with “GEEF Global HSE Leader outstanding contribution towards the at the ASSOCHAM
Slide 46: Awards & Recognition (2/2)
Awards & Recognition (2/2) POWERGRID conferred with “The POWERGRID conferred with “Best Ms. Manju Gupta, Executive Director, CTUIL Economic Times Human Capital Awards Enterprise (Maharatna Category) – 2nd has been honoured with “Corporate 2025” for “Excellence in HR Digital runner up” at 35th Nation
Slide 47: Thank You
=J POWERGRID THANK YOU www.powergrid.in
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