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Power Grid Corp balance sheet is weak and might have solvency issues
Yes, The debt of Power Grid Corp is increasing.
Latest debt of Power Grid Corp is ₹1,13,544 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,08,458 Crs.
The profit is oscillating.
The profit of Power Grid Corp is ₹15,564 Crs for TTM, ₹15,573 Crs for Mar 2024 and ₹15,420 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Power Grid Corp latest dividend payout ratio is 67.19% and 3yr average dividend payout ratio is 65.02%
Companies resources are majorly tied in miscellaneous assets