| Intrinsic Valuation of: POWERGRID | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 16 | Market Cap | ₹2,845B | |||||
| 2021 | - | - (-) | P/E Ratio | 20 | Total Asset | ₹2,661B | |||||
| 2022 | ₹182B | - (-) | Net Income | ₹155B | Total Debt | ₹1,099B | |||||
| 2023 | ₹320B | 76.0% (63.2%) | EBITDA | ₹410B | Total Liab | ₹1,734B | |||||
| 2024 | ₹259B | -19.0% (-19.4%) | Opr Margin | 59.36 | Debt/Equity | 1.19 | |||||
| 2025 | ₹121B | -53.3% (-53.1%) | PreTax Margin | 38.69 | BV/Share | 98 | |||||
| 5Y Average FCF | ₹220B | 2.7% (-3.1%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.15% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (2.7%) | ||||||||||
| 2026 | ₹155B | MBG Intrinsic Value | ₹139 | ||||||||
| 2027 | ₹159B | ||||||||||
| 2028 | ₹163B | ||||||||||
| 2029 | ₹167B | ||||||||||
| 2030 | ₹171B | ||||||||||
| 2031 | ₹176B | ||||||||||
| Terminal Value | ₹3,850B | Net Worth/Share | ₹100 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹3,323B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹38B | ₹243 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹1,099B | WACC | 6.5% | 233 | 263 | 301 | 350 | 415 | |||
| Equity Value | ₹2,262B | 7.2% | 192 | 215 | 243 | 277 | 320 | ||||
| Shares Outstanding | 9,300,603,819 | 7.8% | 160 | 177 | 198 | 223 | 254 | ||||
| 8.5% | 134 | 148 | 164 | 183 | 205 | ||||||
| DCF Intrinsic Value | ₹243 | 9.2% | 112 | 124 | 136 | 151 | 168 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||