Throughout Friday’s buying and selling session, the shares of a Maharatna CPSU and India’s largest electrical energy transmission firm moved down by practically 4 p.c to hit an intraday low at Rs. 270.05 on BSE.
Inventory Efficiency
With a market cap of Rs. 2.58 lakh crores, the shares of Energy Grid Company of India Restricted (PGCIL) closed within the pink at Rs. 278.3, down by practically 1 p.c, as in opposition to its earlier closing value of Rs. 281.25.
The inventory delivered constructive returns of practically 4 p.c in a single 12 months, however round 9 p.c of unfavorable returns within the final one month.
Capex Plans & Order E book
PGCIL reported a capex plan of Rs. 23,000 crores for FY25. This consists of Rs. 3,914 crore allotted for the regulated tariff mechanism (RTM), Rs. 14,209 crore for Tariff-Based mostly Aggressive Bidding (TBCB), and the remaining Rs. 4,877 crore for different tasks.
The corporate’s preliminary capex estimate for FY24-25 was Rs. 18,000 crores within the final quarter, nevertheless it has now been revised upward to Rs. 23,000 crores.
When it comes to challenge execution, PGCIL accomplished tasks value Rs. 4,615 crores in Q1 FY25, Rs. 5,387 crores in Q2 FY25, and Rs. 7,649 crores in Q3 FY25, totalling Rs. 17,651 crores in challenge execution up to now.
As of thirty first January 2025, PGCIL’s complete ongoing tasks are valued at roughly Rs. 1,43,749 crores. This consists of ongoing RTM tasks value Rs. 8,333 crores, new RTM tasks valued at Rs. 38,568 crores, TBCB tasks value Rs. 93,681 crores, and different tasks totalling Rs. 3,168 crores, which encompasses cross-border initiatives, information centres, good metering, and photo voltaic era (Nagda).
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Financials
PGCIL reported a marginal decline in income from operations, experiencing a year-on-year fall of practically 2.7 p.c, lowering from Rs. 11,550 crores in Q3 FY24 to Rs. 11,233 crores in Q3 FY25.
Equally, throughout the identical interval, the corporate’s internet revenue decreased from Rs. 4,028 crores to Rs. 3,862 crores, representing a decline of round 4 p.c YoY.
In regards to the firm
Integrated in 1989, Energy Grid Company of India Restricted is principally engaged within the implementation, operation and upkeep of Inter-State Transmission System (ISTS), Telecom and consultancy providers.
The corporate is managed by the Authorities of India (GOI), being a Central Public Sector Enterprise (CPSE) below the Ministry of Energy, with GOI holding 51.34 p.c of fairness shares capital issued and paid up.
Written by Shivani Singh
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