| 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 | ₹2,788B | |||||
| 2021 | - | - (-) | P/E Ratio | 18 | Total Asset | ₹2,661B | |||||
| 2022 | ₹182B | - (-) | Net Income | ₹155B | Total Debt | ₹1,099B | |||||
| 2023 | ₹320B | 76.0% (63.2%) | EBITDA | ₹406B | Total Liab | ₹1,734B | |||||
| 2024 | ₹259B | -19.0% (-22.3%) | Opr Margin | 0.57 | Debt/Equity | 1.19 | |||||
| 2025 | ₹121B | -53.3% (-53.2%) | PreTax Margin | 38.13 | BV/Share | 98 | |||||
| 5Y Average FCF | ₹220B | 1.2% (-4.1%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (4.0%) | ||||||||||
| 2026 | ₹126B | MBG Intrinsic Value | ₹147 | ||||||||
| 2027 | ₹131B | ||||||||||
| 2028 | ₹136B | ||||||||||
| 2029 | ₹141B | ||||||||||
| 2030 | ₹147B | ||||||||||
| 2031 | ₹153B | ||||||||||
| Terminal Value | ₹3,180B | Net Worth/Share | ₹100 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹2,717B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹38B | ₹178 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹1,099B | WACC | 7.3% | 143 | 162 | 184 | 212 | 247 | |||
| Equity Value | ₹1,657B | 7.4% | 141 | 159 | 181 | 208 | 242 | ||||
| Shares Outstanding | 9,300,599,808 | 7.4% | 139 | 157 | 178 | 204 | 237 | ||||
| 7.9% | 119 | 134 | 151 | 172 | 198 | ||||||
| DCF Intrinsic Value | ₹178 | 8.4% | 102 | 114 | 128 | 145 | 166 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||