GTV Engineering Ltd.

GTV Engineering Ltd.

BBSE:GTV
16.94
INR
+0.21
(+1.26%)
1.06EPS
24.95P/E
3.99BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.36
1.83
2.85
3.35
4.74
4.41
4.23
4.96
6.25
7.87
6.56
6.74
7.8
Basic EPS, GAAP
0.03
0.02
0.03
0.04
0.06
0.06
0.04
0.07
0.29
0.38
0.79
1.01
1.05
Free Cash Flow per Basic Share
-0.02
0.08
-0.07
-0.01
0.28
0.14
0.39
-0.05
-0.03
0.35
0.17
0.2
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.03
- -
Book Value per Share
1.6
1.62
1.65
1.69
1.75
1.81
1.85
1.91
2.2
2.59
3.36
4.34
- -
Tangible Book Value per Share
1.6
1.62
1.64
1.68
1.74
1.8
1.84
1.91
2.2
2.59
3.36
4.34
- -
Basic Weighted Avg Shares
141
141
141
141
141
141
129
137
142
143
140
141
142
Sales/Revenue/Turnover
333
257
400
471
667
621
547
681
887
1,127
921
949
1,107
Operating Margin (%)
2.54
4.38
1.64
1.39
1.13
0.56
1.46
1.81
3.19
4.97
17.43
18.9
17.66
Depreciation Expense
5
6
6
7
8
10
10
10
8
9
9
9
11
Net Income, GAAP
4
3
4
6
8
8
6
9
41
54
110
142
149
Effective Tax Rate (%)
28.52
33.9
31.72
26.77
23.03
21.94
34.08
28.2
12.18
20.48
27.39
25.99
25.77
Profit Margin (%)
1.21
1.25
0.97
1.23
1.25
1.31
1.05
1.35
4.62
4.8
11.99
14.98
13.44
Working Capital
94
52
84
94
78
54
47
61
110
154
250
354
- -
LT Debt
9
2
50
56
57
25
3
1
15
5
9
13
- -
Total Equity
225
228
232
237
246
254
260
269
310
364
473
610
- -
Return on Invested Capital (%)
- -
1.18
1.29
1.46
1.77
0.86
1.66
2.67
6.92
9.53
19.61
21.51
- -
Return on Capital (%)
- -
2.49
1.71
2.23
2.94
3.79
2.11
3.28
12.03
12.03
19.96
22.47
- -
Return on Common Equity (%)
- -
1.42
1.68
2.46
3.46
3.26
2.24
3.47
14.17
16.06
26.41
26.26
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
60
- -
LT Borrowings
- -
13
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
141
141
152
Market Capitalization
2,573
2,531
3,987

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
664
- -
Cash, Cash Equivalents & STI
- -
56
- -
Accounts Receivable, Net
- -
282
- -
Inventories
- -
127
- -
Total Current Liabilities
- -
310
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
60
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.84%
19.05%
29.09%
Free Cash Flow
-496.57%
-309.08%
18.38%
Net Income, GAAP
65.39%
114.37%
28.71%
Sales/Revenue/Turnover
16.26%
13.33%
3.01%
Total Cash Common Dividend
- -
- -
199.74%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
327
236
241
224
921
2026
165
- -
285
320
949
2027
337
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.1
0.08
0.3
0.31
0.79
2026
0.15
- -
0.39
0.22
1.01
2027
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
0.03
2027
- -
- -
- -
- -
- -

Company Description

CEO
Mahesh Chand Agrawal
Full Time Employees
27
Sector
Industrial services
Industry
Engineering & construction
Address
216-217-218, New Industrial Area-II Bhopal MP India 462046
IPO Date
Nov 27, 2015
Website
gtv.co.in
Business
GTV Engineering Limited engages primarily in heavy steel fabrication and machining services, specializing in the manufacture and supply of heavy engineering goods for infrastructural sectors including power, mineral, cement, railways, and metro projects. Its core offerings comprise hi-tech heavy steel fabrication; steel structures fabrication; machining services utilizing large CNC lathes and borers; shot blasting; flame cutting; plate rolling; welding; and critical process equipment manufacturing. The company serves major engineering firms such as BHEL, SIEMENS, HOWDEN, and XYLEM, operating facilities with a 12,000-ton fabrication and heavy machining capacity, extensive fabrication yards, covered workshop areas, and high capacity EOT cranes all based in Bhopal, India. Founded in 1978 and headquartered in Bhopal, GTV Engineering Limited operates across India with a diversified portfolio including heavy engineering, hydro power generation, and agro product trading with flour milling operations under its agro foods division. Recently, the company has reported strong year-over-year sales growth of approximately 30%, driven by capacity expansions and leveraging the Make in India initiative to target increased demand in the steel fabrication sector. Strategic developments over the last 1-2 years include expanding production capacity, strengthening its position as a preferred supplier for large infrastructure and heavy engineering projects, and sustaining a 6MW underground hydro power project operational since 2011. The company continues focusing on delivering high-value projects and has embedded itself as a trusted partner to original equipment manufacturers globally. GTV Engineering Limited’s operational growth is marked by investments in state-of-the-art manufacturing technologies, capacity enhancement to meet large-scale orders, and consistent execution of infrastructural projects across power, cement, mineral, railways, and metro sectors. The company maintains ISO 22000:2015 certification for its food division and continues to diversify its presence beyond heavy engineering to agro-based industries. Its recent financial outcomes reflect a resilient top-line growth supported by strategic capital expenditure aligned with domestic infrastructure expansion and international buyer demand shifting toward Indian fabrication capabilities.