A very good company for the long term. A company with good growth and high margin. Able to grow their revenue from 5000 Cr to 35000 Cr i.e. 6X just in the last decade. Profit has also grown from 1500 Cr to 10,000 Cr. Many people in this group have held this company since IPO around 90 and still no need to worry. The company distributes around 40% profit in dividends, Hence around 80% of investment should be refunded via dividends during the last 10 years.
H1 revenue has fallen by -4% and Net Profit has fallen by just -1% which was better than expected. Yes, we can see this is less affected by COVID-19. New buying again can be initiated during any fall in the whole range of 180-160 (upgraded from 135). This year’s target should be 220 where 5-10% of Profits can be booked. LIC has accumulated around 10.6 Cr shares from Feb to June around the rate of 200-220. Long term cash flow should be the ultimate goal! Considering High debt can add around 2% and not more than that in the Portfolio.
Long | CY | ||||||||||||||||||||
Company | Price | Marketcap | Sales | Profit | Equity | Reserve | Debt | ROE | DE | Sales Gr | Sales Gr | ||||||||||
PowerGrid | 195 | 1020683631131 | 377435 | 110594 | 52316 | 624952 | 1331724 | 17.7% | 2.1 | 18% | -4% | ||||||||||
POWERGRID CORP | |||||||||||||||||||||
in millions | H1 | ||||||||||||||||||||
Year | Revenue | Profit | EPS | High | Low | dividend | div % | H p/e | Low p/e | Year (amt in cr) | Revenue | Expense | Interest | PAT | EPS | Margin | ICR | ||||
2002 | 2021 | 189,871 | 122,636 | 42059 | 51,425 | 9.83 | 27.1 | 1.6 | |||||||||||||
2003 | 2020 | 182,309.00 | 122,856 | 45874 | 50,739 | 9.7 | 27.8 | 1.3 | |||||||||||||
2004 | -4% | 0% | 9% | -1% | -1% | 3% | -19% | ||||||||||||||
2005 | |||||||||||||||||||||
2006 | 35,543 | 10089 | Preipo | ||||||||||||||||||
2007 | 4,097 | 12293 | preIpo | ||||||||||||||||||
2008 | 50,815 | 14,485 | 3.6 | ||||||||||||||||||
2009 | 70,285 | 16,906 | 4.02 | 108 | 52 | 1.30 | 32 | 26.98 | 12.87 | ||||||||||||
2010 | 75,036 | 20,409 | 4.85 | 128 | 89 | 1.75 | 36 | 26.46 | 18.25 | ||||||||||||
2011 | 90,998 | 26,969 | 6.19 | 120 | 92 | 1.75 | 28 | 19.42 | 14.83 | ||||||||||||
2012 | 100,353 | 32,550 | 7.03 | 115 | 94 | 2.30 | 33 | 16.36 | 13.31 | ||||||||||||
2013 | 127,579 | 42,345 | 9.15 | 124 | 100 | 2.75 | 30 | 13.60 | 10.94 | ||||||||||||
2014 | 152,303 | 44,974 | 9.36 | 117 | 87 | 2.60 | 28 | 12.47 | 9.26 | ||||||||||||
2015 | 171,772 | 49,792 | 9.52 | 159 | 102 | 2.10 | 22 | 16.70 | 10.71 | ||||||||||||
2016 | 213,523 | 60,146 | 11.5 | 156 | 121 | 2.30 | 20 | 13.54 | 10.50 | ||||||||||||
2017 | 262,877 | 74,507 | 14.24 | 209 | 138 | 4.35 | 31 | 14.68 | 9.66 | ||||||||||||
2018 | 304,305 | 81,983 | 15.67 | 226 | 189 | 5.30 | 34 | 14.45 | 12.06 | ||||||||||||
2019 | 356,613 | 100,335 | 19.18 | 217 | 173 | 8.30 | 43 | 11.31 | 9.02 | ||||||||||||
2020 | 377435 | 110594 | 21.14 | 216 | 130 | 10.00 | 47 | 10.22 | 6.15 | ||||||||||||
Almost 100% monney refunded in dividends | |||||||||||||||||||||
GROWTH TILL DATE | 18% | 19% | 19% | 6% | 9% | 44.80 | 32 | 16.35 | 11.46 | 14 | |||||||||||
10 Year Growth | 18% | 18% | 16% | INTRINSIC | |||||||||||||||||
dividend | |||||||||||||||||||||
FV | Year | Revenue | Profit | EPS | Buy Below | Target | |||||||||||||||
2021 | 342410 | 98997 | 19 | 263 | 7 | ||||||||||||||||
2025 | 672535 | 191933 | 37 | 510 | 13 | ||||||||||||||||
2030 | 2191588 | 649639 | 128 | 1784 | 45 | ||||||||||||||||