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POWERGRID

NSEPowerCap: ₹2.46L Cr

Power Grid Corporation of India Ltd.

+0.91%YTD
AAOIFIMSCIDJIMBSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:
  • Debt Ratio: 64.59% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹2.46L Cr
P/E Ratio
15.5x
P/B Ratio
2.5x
52W High
₹324.95
52W Low
₹242.3
Div. Yield
340.00%
Shares O/S
930.06 Cr

Where Does the Money Come From?

Revenue breakdown for Power Grid Corporation of India Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

96.9%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

3.1%of Total Revenue
About Power Grid Corporation of India Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio
64.59%Max: ≤ 33.0%
Cash & Securities Liquidity
2.1%Max: ≤ 33.0%
Impure Revenue Ratio
3.06%Max: ≤ 5.0%
Screening Denominator
30-Day Average Market Cap

Halal Alternatives in Power

Can't invest in POWERGRID? Consider these instead

AAOIFI Verified
ADANIPOWER

Adani Power Ltd.

HalalPurification: 3.61%

Purification & Zakat Calculator

Calculate how much to donate for POWERGRID

⚠️ Note: POWERGRID is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.