GE Vernova T&D India Limited

GE Vernova T&D India Limited

3,740.00
INR
-52.00
(-1.37%)
50.91EPS
97.81P/E
1.28TMarket Cap
Oct 30Next Earn
2014 Y
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
143.8
144.62
128.77
157.93
168.95
164.46
123.17
134.32
119.87
107.36
123.51
167.55
242.18
255.36
Basic EPS, GAAP
4.78
4.71
1.35
-3.38
8.15
8.31
-11.82
2.36
-1.94
-0.06
7.07
23.76
48.17
50.91
Free Cash Flow per Basic Share
-5.98
17.27
-5.51
5.48
41.17
-13.86
-10.14
12.13
0.32
-1.46
20.24
35.29
66.78
- -
Dividend per Share
2.04
2.1
2.17
2.17
2.17
2.17
2.17
- -
- -
- -
- -
2
5
- -
Book Value per Share
48.77
46.82
46.02
40.34
46.46
55.77
41.07
43.85
42.19
41.9
48.54
69.25
105.07
- -
Tangible Book Value per Share
48.77
46.82
46.02
40.34
46.38
55.7
41.01
43.82
42.19
41.89
48.54
69.25
105.07
- -
Basic Weighted Avg Shares
245
256
256
256
256
256
256
256
256
256
256
256
256
255
Sales/Revenue/Turnover
35,171
37,031
32,972
40,437
43,260
42,110
31,537
34,392
30,660
27,490
31,624
42,900
62,009
65,040
Operating Margin (%)
8.35
8.33
1.56
2.63
7.25
10.18
-3.86
4.47
-5.44
3.91
9.73
18.37
28.11
26.15
Depreciation Expense
870
819
857
882
899
832
784
657
579
554
502
473
464
469
Net Income, GAAP
1,170
1,206
345
-867
2,088
2,127
-3,026
603
-496
-15
1,811
6,083
12,333
12,968
Effective Tax Rate (%)
34.05
29.15
38.26
- -
34.52
36.43
- -
32.48
- -
105.57
31.18
25.78
25.24
25.28
Profit Margin (%)
3.33
3.26
1.05
-2.14
4.83
5.05
-9.59
1.75
-1.62
-0.05
5.73
14.18
19.89
19.94
Working Capital
5,209
3,134
2,574
489
3,211
6,193
2,323
2,823
1,932
2,020
3,833
8,827
16,276
- -
LT Debt
- -
- -
- -
- -
- -
- -
983
820
511
412
299
211
87
- -
Total Equity
12,488
11,987
11,784
10,328
11,896
14,280
10,515
11,227
10,803
10,727
12,429
17,731
26,903
- -
Return on Invested Capital (%)
12.02
12.68
2.33
- -
11.02
20.76
- -
6.46
- -
-0.5
17.16
41.3
59.94
- -
Return on Capital (%)
10.7
10.3
5.72
- -
18.77
18.22
- -
6.5
- -
-0.29
15.24
40.03
55.03
- -
Return on Common Equity (%)
10.84
9.85
2.9
-7.84
18.79
16.25
-24.41
5.55
-4.5
-0.14
15.64
40.34
55.26
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
153
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
87
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
256
256
256
Market Capitalization
802,040
932,317
1,275,112

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
65,195
- -
Cash, Cash Equivalents & STI
- -
15,292
- -
Accounts Receivable, Net
- -
21,723
- -
Inventories
- -
12,277
- -
Total Current Liabilities
- -
48,920
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
153
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.9%
21.15%
51.73%
Free Cash Flow
-190.45%
-395.37%
89.23%
Net Income, GAAP
-1,324.4%
-2,438.31%
102.73%
Sales/Revenue/Turnover
8.49%
14.81%
44.54%
Total Cash Common Dividend
- -
- -
150.04%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9,583
11,078
10,737
11,525
42,900
2026
13,301
- -
17,006
16,371
62,009
2027
18,361
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.25
5.65
5.57
7.28
23.76
2026
11.37
- -
11.6
13.74
48.17
2027
14.18
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sandeep Zanzaria
Full Time Employees
2,402
Sector
Producer manufacturing
Industry
Electrical products
Address
Noida India
IPO Date
Jun 30, 2008
Website
ge.com
Business
GE Vernova T&D India Limited is an India-based provider of power transmission and distribution equipment, turnkey grid solutions, and digital automation systems, operating as the listed entity of GE Vernova Inc.'s global Electrification segment in India. Founded in 1957 as The English Electric Company of India and headquartered in Noida, Uttar Pradesh, with its registered office in New Delhi, the company specializes in engineering and manufacturing advanced technologies that evacuate, transmit, and distribute electricity across extra-high-voltage and ultra-high-voltage networks. It serves central and state transmission utilities, independent power producers, renewable energy developers, railway networks, and heavy industrial clients across India, as well as export markets across Asia, the Middle East, Europe, and the Americas. The company offers a comprehensive portfolio of power transmission, automation, and conversion products and services, organized across several core business segments: high-voltage switchgear and transmission equipment, including power transformers, shunt reactors, air-insulated switchgear, gas-insulated switchgear up to 765 kV and above, circuit breakers, and instrument transformers; grid systems and power electronics, including High Voltage Direct Current systems, Flexible AC Transmission Systems, static synchronous compensators, and turnkey alternating-current and direct-current substation packages; digital grid automation and management solutions, including supervisory control and data acquisition systems, energy management systems, substation automation systems, protective relays, microgrid management platforms, and asset performance management software; power conversion and renewable integration technologies, including solar central inverters, battery energy storage systems, industrial electric drives, and power conversion equipment; and full lifecycle grid services, including engineering, procurement, and construction management, equipment erection, testing, commissioning, diagnostic testing, substation modernization, equipment refurbishment, and long-term maintenance contracts. The company operates five key manufacturing and technology centres across India located in Padappai, Pallavaram, and Hosur in Tamil Nadu, Vadodara in Gujarat, and Noida in Uttar Pradesh, complemented by specialized testing laboratories and a dedicated Substation Automation Competence Centre. In recent corporate and strategic developments, the company officially rebranded from GE T&D India Limited to GE Vernova T&D India Limited in October 2024, completing its corporate alignment following the global spin-off of GE Vernova Inc. as an independent energy enterprise. To support accelerating demand for grid expansion and renewable energy evacuation, the company initiated a 16 million USD capital investment program in 2025 to expand its domestic manufacturing footprint, introducing dedicated manufacturing capacity in Chennai and expanding its facilities in Noida for High Voltage Direct Current and Flexible AC Transmission Systems technologies. The company has also expanded its order backlog through major grid infrastructure awards, including emerging as the lowest bidder for Power Grid Corporation of India Limited's 6,000 MW Barmer HVDC project, securing a high-value contract from AESL Projects Limited for a 2,500 MW, 500 kV HVDC terminal station for the Khavda renewable energy corridor, winning a modernization award for the 1,000 MW Chandrapur HVDC link, and executing high-voltage power equipment supply agreements for Sterlite Power Transmission Limited.