Power Grid share price in focus: Brokerages turn bullish for Maharatna stock post Q4 results; see up to 22% upside - Check target price - Markets | Latest News Updates

Shares of Power Grid Corporation will remain in focus after brokerages largely turned positive on the stock following its Q4FY26 results, projecting potential upside of up to 22 per cent from current levels. The brokerage highlighted strong capital expenditure, robust order book and improving earnings outlook driven by higher project capitalisation, though some flagged near-term pressures on revenue and margins.

Elara on Power Grid Corporation

Goldman Sachs on Power Grid

Power Grid Corporation Q4FY26

State-owned Power Grid Corporation of India reported a mixed performance for the fourth quarter of FY26. Consolidated revenue declined 5 per cent year-on-year to Rs 11,666 crore from Rs 12,275 crore in the same period last year. EBITDA also fell 11.5 per cent to Rs 9,049 crore from Rs 10,224 crore, with the EBITDA margin narrowing to 77.6 per cent compared to 83.3 per cent a year ago.

Despite the drop in revenue and operating profit, net profit rose 9.7 per cent year-on-year to Rs 4,546 crore from Rs 4,143 crore in Q4 FY25. The company also announced plans to raise up to Rs 5,000 crore through rupee term loans and bank facilities. Additionally, the board has recommended a final dividend of Rs 1.25 per share for FY26, subject to shareholder approval at the upcoming Annual General Meeting.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

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