GTV Engineering Limited
GTV.BO
Bombay Stock Exchange71.07
INR
-3.88
- -
GTV Engineering Limited
GTV.BO
(Bombay Stock Exchange)
Recent
price
71.07
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- 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.