Revenues seen at Rs10,680 crore, PAT at Rs3,827 crore

End result date: 21^st Might, 2022
Suggestion: Purchase
Goal worth: Rs250
Supply: IIFL Analysis

Powergrid Company of India (Powergrid) is ready to submit steady efficiency within the March 2022 quarter. Asset capitalization to the tune of Rs4,000-5,000 crore can be a key driver of this efficiency.

Each transmission and consultancy segments may develop in mid-to-high single digits as in comparison with the year-ago quarter. Capability addition has been respectable within the quarter underneath evaluate and is a key optimistic.

Powergrid’s profitability within the quarter can be aided by flattish curiosity prices.

General, development in EBITDA is pegged at 7.4%, whereas that in Revenue After Tax (PAT) is estimated at 7.9% over the year-ago quarter.

Vital administration insights to be careful for:

• 
  Outlook on key enterprise segments
• 
  Margin levers

 

Rs Crore	March 2022 estimates	YoY change	QoQ change
Income	10,680	7.5%	0.2%
EBITDA	9,401	7.4%	1.0%
Revenue After Tax	3,827	7.9%	12.6%

Supply: Brokerage stories