Power Grid Corporation of India cash flow

Latest FY26

Cash from operations: ₹40,931cr+13.0% on FY25
Capital spending: ₹37,279cr+54.5% on FY25
Free cash flow: ₹3,651cr−69.8% on FY25
Cash from financing: −₹4,006cr−₹12,357 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	13,030	12,904	13,095	13,333
	—	−55.0	0.0	0.0	0.0
	—	8,448	8,700	8,773	9,634
	—	−1,392	−516	−385	−220
	—	−52.8	−69.0	−78.8	−112
	—	−26.8	−26.2	−15.7	−27.9
	—	1,386	130	42.0	0.0
	—	3,046	−263	−11.4	835
	—	−10.8	−1,296	−907	−739
	—	−3,362	0.0	0.0	0.0
	—	−324	−397	−60.4	14.1
	—	−3,859	3,453	3,602	−3,645
	—	0.0	0.0	0.0	−733
	—	0.0	−4,385	−3,178	4,176
	—	2,423	−301	−39.3	−23.7
	—	−158	191	−331	−5.5
	—	−58.9	−10.8	211	6.0
	—	0.0	0.0	0.0	293
	—	0.0	249	43.6	60.7
	—	0.0	1,673	956	422
	—	0.0	−58.3	17.5	70.5
	—	−89.1	97.8	−114	97.7
	—	7,706	110	23.9	−45.5
	—	—	—	—	37.7
	—	0.0	3.9	−145	−128
	—	49.0	82.9	65.8	60.7
Cash from operating activities
	17,708	17,453	19,128	19,105	17,535
	—	26,699	20,274	21,565	23,323
	—	44,152	39,402	40,670	40,858
	—	−55.6	0.0	0.0	0.0
	—	3,166	3,179	3,381	2,853
	—	40,931	36,223	37,290	38,005
Cash from investing activities
	—	37,279	22,614	9,323	5,242
	—	0.0	1,520	2,080	1,661
	—	31.0	22.8	0.0	0.0
	—	3,385	0.0	370	1.7
	—	3,160	470	0.0	0.0
	—	−19.0	0.0	0.0	0.0
	—	−40.5	0.0	94.7	0.0
	—	0.0	54.2	0.0	0.0
	—	0.0	4.7	0.3	0.4
	—	198	182	147	190
	—	383	485	349	206
	—	1,528	−617	−1,743	382
	—	−35,305	−23,533	−13,114	−6,126
Cash from financing activities
	—	29,457	19,324	8,053	20,985
	—	15,537	12,686	13,370	31,986
	—	19.8	8.9	9.6	8.9
	—	9,535	9,221	9,357	9,710
	—	8,371	9,766	11,219	8,545
	—	0.0	0.0	−1.2	0.0
	—	−4,006	−12,357	−25,903	−29,264
	—	1,619	333	−1,728	2,615
	—	1,619	333	−1,728	2,615
	—	—	3,797	3,464	5,192
Reference items
	38,369	37,979	39,065	39,903	39,478
	81.6%	81.3%	85.3%	87.0%	86.6%
	3,651	3,651	12,089	25,886	31,102
	—	11,160	10,384	13,383	—
	₹3.93	₹3.93	₹13.00	₹27.83	₹33.44
	66.22×	—	—	—	—
	—	2.57×	2.33×	2.39×	2.47×
	—	3,166	3,179	3,381	2,853
	—	9,535	9,221	9,357	9,710

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

POWERGRID₹260.00

Power Grid Corporation of India Ltd.

· Energy & Power

₹ CrorePeersADANIENSOL NTPC ADANIGREEN TATAPOWER ADANIPOWER NHPC JSWENERGY CLEANMAXMcap ₹2.42L Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	13,333.4	13,095.3	12,904.2	13,029.7	—
+ Impairment Loss / (Reversal)	0.0	0.0	0.0	-55.0	—
+ Finance Costs	9,633.9	8,772.8	8,700.1	8,447.6	—
+ Interest Income	-220.1	-385.2	-516.4	-1,392.2	—
+ Dividend Income	-111.9	-78.8	-69.0	-52.8	—
+ Fair Value (Gains) / Losses	-27.9	-15.7	-26.2	-26.8	—
+ Unrealised FX (Gain) / Loss	0.0	42.0	130.0	1,386.1	—
+ Other Non-cash Items	835.2	-11.4	-262.9	3,045.7	—
+ Other — Cash Effects are Investing / Financing	-738.7	-906.7	-1,295.5	-10.8	—
+ Other Reconciling Items	0.0	0.0	0.0	-3,361.8	—
Changes in Working Capital
+ Inventories	14.1	-60.4	-396.7	-323.8	—
+ Trade Receivables — Current	-3,644.6	3,602.4	3,453.1	-3,859.1	—
+ Trade Receivables — Non-current	-733.2	0.0	0.0	0.0	—
+ Other Financial Assets — Current	4,175.5	-3,177.7	-4,385.1	0.0	—
+ Other Financial Assets — Non-current	-23.7	-39.3	-300.8	2,423.4	—
+ Other Current Assets	-5.5	-331.4	191.0	-158.2	—
+ Other Non-current Assets	6.0	211.1	-10.8	-58.9	—
+ Other Bank Balances	292.6	0.0	0.0	0.0	—
+ Trade Payables — Current	60.7	43.6	249.1	0.0	—
+ Other Financial Liabilities — Current	421.8	956.3	1,673.3	0.0	—
+ Other Financial Liabilities — Non-current	70.5	17.5	-58.3	0.0	—
+ Other Current Liabilities	97.7	-113.6	97.8	-89.1	—
+ Other Non-current Liabilities	-45.5	23.9	110.2	7,706.1	—
+ Provisions	37.7	—	—	—	—
+ Provisions — Current	-128.4	-145.0	3.9	0.0	—
+ Provisions — Non-current	60.7	65.8	82.9	49.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	17,535.2	19,104.9	19,128.2	17,453.4	17,708.2
+ Total Adjustments (incl. Working Capital)	23,322.6	21,565.3	20,273.8	26,698.9	—
Cash from Operations (pre-tax)	40,857.8	40,670.2	39,401.9	44,152.3	—
+ Other Inflows / (Outflows) — Operating	0.0	0.0	0.0	-55.6	—
+ Income Taxes Paid	2,853.0	3,380.7	3,178.7	3,166.1	—
Cash from Operating Activities	38,004.7	37,289.5	36,223.3	40,930.6	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	5,241.6	9,323.4	22,613.9	37,279.1	—
+ Acq of Intangible Assets	1,661.0	2,080.4	1,520.1	0.0	—
+ Disp of Fixed Assets	0.0	0.0	22.8	31.0	—
+ Purchase of Investments (Equity / Debt)	1.7	369.6	0.0	3,385.0	—
+ Sale of Investments (Equity / Debt)	0.0	0.0	470.4	3,159.7	—
+ Acq of Interests in Joint Ventures	0.0	0.0	0.0	-19.0	—
+ Loans & Advances Made	0.0	94.7	0.0	-40.5	—
+ Loans & Advances Repaid	0.0	0.0	54.2	0.0	—
+ Government Grants Received	0.4	0.3	4.7	0.0	—
+ Dividends Received — Investing	189.7	147.2	181.6	197.7	—
+ Interest Received — Investing	206.2	349.1	484.5	383.2	—
+ Other Inflows / (Outflows) — Investing	382.3	-1,742.9	-617.4	1,527.6	—
Cash from Investing Activities	-6,125.7	-13,114.4	-23,533.3	-35,305.5	—
Cash from Financing Activities
+ Proceeds from Borrowings	20,985.4	8,053.0	19,324.4	29,456.7	—
+ Repayment of Borrowings	31,985.7	13,369.8	12,685.9	15,537.3	—
+ Payment of Lease Liabilities	8.9	9.6	8.9	19.8	—
+ Interest Paid	9,710.0	9,356.9	9,221.1	9,535.3	—
+ Dividends Paid	8,544.9	11,218.9	9,765.6	8,370.6	—
+ Other Inflows / (Outflows) — Financing	0.0	-1.2	0.0	0.0	—
Cash from Financing Activities	-29,264.0	-25,903.3	-12,357.2	-4,006.3	—
Net Changes in Cash (pre-FX)	2,615.1	-1,728.2	332.8	1,618.9	—
Net Changes in Cash	2,615.1	-1,728.2	332.8	1,618.9	—
Closing Cash	5,192.2	3,464.0	3,796.8	—	—
Reference Items
EBITDA	39,478.1	39,902.9	39,065.4	37,979.1	38,368.8
EBITDA Margin %	86.61	87.04	85.31	81.27	81.58
Free Cash Flow (CFO − Capex)	31,102.2	25,885.8	12,089.3	3,651.5	3,651.5
Free Cash Flow to Equity	—	13,382.6	10,384.5	11,160.3	—
Free Cash Flow per Basic Share	33.44	27.83	13.00	3.93	3.93
Price to Free Cash Flow	—	—	—	—	66.22
Cash Flow to Net Income	2.47	2.39	2.33	2.57	—
Cash Paid for Taxes	2,853.0	3,380.7	3,178.7	3,166.1	—
Cash Paid for Interest	9,710.0	9,356.9	9,221.1	9,535.3	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.