Power Grid of India (POWERGRID.NS) Return on Equity (ROE)

Price: $314.4
Market Cap: $2.92T
Avg Volume: 15.24M
Country: IN
Industry: Regulated Electric
Sector: Utilities
Beta: 0.297
52W Range: $247.3-366.25
Website: Power Grid of India

Return on Equity (ROE) Summary

Power Grid of India's ROE measures the return generated on shareholders' equity:

  • Annual: 17.87%
  • Quarterly: 0.00%
  • TTM: 17.60%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Power Grid of India's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 9.38%
    • Quarterly: 0.00%
    • TTM: 8.72%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 6.21%
    • Quarterly: 0.00%
    • TTM: 6.09%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 35.23%
    • Quarterly: 34.38%
    • TTM: 34.17%

These metrics provide insights into Power Grid of India's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

17.87%

Quarterly ROE

0.00%

TTM ROE

17.60%

Power Grid of India Historical ROE
22.07%22.07%17.65%17.65%13.24%13.24%8.83%8.83%4.41%4.41%0.00%0.00%ROE201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
10.29%10.29%8.24%8.24%6.18%6.18%4.12%4.12%2.06%2.06%0.00%0.00%ROIC201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
6.70%6.70%5.36%5.36%4.02%4.02%2.68%2.68%1.34%1.34%0.00%0.00%ROA201620162017201720182018201920192020202020212021202220222023202320242024

Power Grid of India Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROE ROIC ROA Profit Margin
2024 17.87% 9.38% 6.21% 35.23%
2023 18.57% 10.29% 6.16% 33.83%
2022 22.07% 9.17% 6.70% 41.20%
2021 17.21% 8.00% 4.71% 30.62%
2020 17.09% 7.00% 4.31% 30.05%
2019 16.98% 9.85% 4.06% 28.80%
2018 15.06% 7.04% 3.83% 27.38%
2017 14.94% 6.76% 3.81% 28.99%
2016 14.00% 6.18% 3.31% 28.17%
2015 13.13% 5.58% 3.14% 28.58%

Related Metrics

Explore detailed financial metrics and analysis for POWERGRID.NS.