India Power Grid Corp Ltd (BOM: 532898) Q4 2025 Revenue Call Highlights: Strong Finance…

• Income (Independent Q4): INR 12,082 crore.

• After-tax profit (independent Q4): INR 43.36 billion.

• Revenue (the fourth quarter of the merger): INR 12,591 crore.

• After-tax profit (the fourth quarter of the merger): INR 41.43 crore.

• Total revenue (FY2024-25): INR 463.25 billion.

• Profit (FY2024-25): INR 153.54 billion.

• Consolidated Revenue (FY2024-25): INR 474,590 crore.

• EBITDA (FY2024-25): INR 155.21 billion.

• Total fixed assets: Indian rupees are 290,715 crore.

• Ongoing capital work: Indian rupees are 363.41 million.

• debt: INR 130,965 crore.

• net worth: From INR 87,145 crore to INR 920,63 crore.

• Earnings per share: Indian rupees are 16.69.

• Book value per share: INR 99.63.

• Debt-equity ratio: 59:41.

• Return on net assets: 16.75%.

• Telecom Part of revenue: INR 112.8 billion.

• Consulting income: INR 79.9 billion.

• Billing implementation: 103.8% achieved INR 382.84 crore.

• Market value: The Indian rupee has increased by 2.4 times since fiscal 2021.

• Dividend Payment: INR 10.5 per share.

• Capital Expenditure (FY2024-25): Indian rupees are 262.55 billion Indian rupees.

• Capex Outlook (FY2025-26): Target INR 280,000 crore.

Release date: May 21, 2025

For a complete transcript of earnings calls, see the complete earnings calls transcript.

• India Power Grid Corp Ltd (BOM: 532898) achieved 99.82% system availability in FY25, indicating high operational efficiency.

• In terms of operational efficiency and reliability, the company has been recognized as one of the best utilities in the world.

• India Power Grid Corp (BOM: 532898) successfully commissioned several major projects, including a 765 kV digital substation, enhancing technical capabilities.

• The company has a strong pipeline with its projects worth approximately INR 154,68 billion to ensure future growth.

• The telecom sector revenue of India's Power Grid Corp (BOM: 532898) increased significantly, surpassing INR 10 billion for the first time.

• The company faces delays in project capital due to bank issues and supply chain challenges, affecting the timeline.

• Dividend expenditures have decreased as dividend requirements for project execution increase.

• The competitive intensity of the TBCB project remains high and may affect future project victory.

• The ROE of India Power Grid Corp (BOM: 532898) dropped by about 100 basis points at the merger level.

• The company faces challenges through its bank compensation policy, resulting in potential cost overruns and project delays.

ask: What is the transmission bidding pipeline for the current fiscal year? What is the guidance on capitalization 26- '27? one: For fiscal 25, Power Grid's capital expenditure exceeded INR 260 billion, capitalized by INR 90 billion. Some projects have been postponed due to challenges such as ranking issues and skills shortages, but are expected to be commissioned in the first and second quarters of FY26. For fiscal 26, the expected capitalization ranges from 23,000 to 25,000 million. The bidding pipeline for fiscal year 26 is approximately INR 45,000 to INR 46,000 crore, and bids for INR 34,000 crore have been conducted.