GE Vernova T&D India

    GVT&D
    Infra
    ₹3,700.00
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹94,737 Cr

    P/E
    72.24
    Day range
    ₹3,533.40 – ₹3,700.00
    52-week range
    ₹2,523.20 – ₹5,650.00
    Volume
    15.03 L
    Open
    ₹3,650.00
    Prev close
    ₹3,740.00

    Latest results · Q1 FY27(standalone)Revenue ₹1,836 Cr+38.0%Profit ₹363 Cr+24.7%Margin 19.8%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    GVT&D in NSE indices and F&O

    F&O margin for one lot of GVT&D (125 shares)

    Research profile

    Composite 53 / 100

    Factor percentiles

    Value24
    Quality90
    Momentum51
    Low volatility46

    Derived metrics

    Earn. yield
    1.4%
    Graham no.
    ₹351.13
    vs Graham
    -90.5%
    ROE ÷ P/B
    1.6%
    12-1 mom.
    +45.9%
    Return / vol
    0.55
    Magic Formula
    #251
    FCF yield
    1.6%

    Appears in 14 scans

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 188 in Infra
    Largest Infra companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Larsen & ToubroLT₹5.02 L Cr30.254.5918.3%15.0%12.0%1.15+6.7%
    Adani PortsADANIPORTS₹3.92 L Cr29.064.2116.2%14.0%58.0%0.66+18.6%
    Adani EnterprisesADANIENT₹3.35 L Cr39.934.0715.2%6.0%15.0%1.32+49.9%
    UltraTech CementULTRACEMCO₹3.25 L Cr38.094.4311.1%13.0%16.0%0.40+18.8%
    Grasim IndustriesGRASIM₹1.96 L Cr34.511.9010.2%8.0%23.0%2.20+21.4%
    InterGlobe AviationINDIGO₹1.76 L Cr19.6325.56-29.3%5.0%13.0%11.15+19.9%
    DLFDLF₹1.63 L Cr35.633.6010.0%6.0%1.8%0.01-23.3%
    GE Vernova T&D IndiaGVT&D₹94,737 Cr72.2435.6255.3%77.0%25.0%0.01+38.0%
    Sector median₹12,817 Cr32.004.3415.0%17.0%15.0%0.18+19.8%

    Sector as classified in the tracked universe; medians use every tracked Infra company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 24d ago

    Headlines about GE Vernova T&D India from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    70.2
    Price / Book
    35.24
    ROE (FY26)
    55.3%
    ROCE (latest year)
    77%
    Dividend yield
    0.27%

    Moving averages (NSE)

    20-day
    ₹4,113.96
    Price below
    50-day
    ₹4,249.69
    Price below
    200-day
    ₹4,127.29
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +30.8%
    Revenue YoY (Jun 2026)
    +38.0%
    Profit YoY (Jun 2026)
    +24.7%
    Operating margin
    25.0%
    Net margin
    19.8%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr500 Cr1K Cr1.5K Cr2K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1K Cr0 Cr1K Cr2K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-40%-20%0%20%40%60%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr1K Cr2K Cr3K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x0.5x1x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹2.5₹5₹7.5₹10

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales6988399149581,1081,0741,1531,3301,5381,7011,6371,836
    Expenses6377428037769038949009431,1421,2461,1921,375
    Operating Profit6197111182205180252388396455445461
    OPM %9%12%12%19%18%17%22%29%26%27%27%25%
    Other Income9-4612426211619-514342
    Interest773234632373
    Depreciation131212121212111112121212
    Profit before tax5073101180194190256390401390469487
    Tax %26%32%34%25%25%25%27%25%25%25%25%25%
    Net Profit374966135145143186291299291352363
    EPS in Rs₹1.45₹1.93₹2.59₹5.25₹5.65₹5.57₹7.28₹11.37₹11.70₹11.36₹13.74₹14.18

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days128

    -73 days since Mar 2021

    Inventory Days132

    -11 days since Mar 2021

    Days Payable170

    -105 days since Mar 2021

    Cash Conversion Cycle90

    +21 days since Mar 2021

    Working Capital Days6

    -17 days since Mar 2021

    Strengths, risks & growth

    GE T&D is the listed entity of GE’s Grid Solutions business in India. It has been in the power transmission and distribution business for more than 100 years and provides a versatile range of solutions for connecting and evacuating power from generation sources onto the grid. [1]

    Strengths

    • Company has reduced debt.
    • Company is almost debt free.
    • Company is expected to give good quarter
    • Company has delivered good profit growth of 85.6% CAGR over last 5 years
    • Company has a good return on equity (ROE) track record: 3 Years ROE 42.3%
    • Company has been maintaining a healthy dividend payout of 23.4%

    Risks

    • Stock is trading at 35.2 times its book value
    • Promoter holding has decreased over last 3 years: -24.0%

    Compounded Sales Growth

    10 Years
    +7%
    5 Years
    +12%
    3 Years
    +31%
    TTM
    +44%

    Compounded Profit Growth

    10 Years
    +44%
    5 Years
    +86%
    3 Years
    +490%
    TTM
    +77%

    Stock Price CAGR

    10 Years
    +27%
    5 Years
    +96%
    3 Years
    +115%
    1 Year
    +27%

    Return on Equity

    10 Years
    +16%
    5 Years
    +27%
    3 Years
    +42%
    Last Year
    +57%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter51.00%51.00%51.00%51.00%0.00 pp
    FII18.46%20.39%22.89%19.16%-3.73 pp
    DII23.27%21.39%18.46%22.18%+3.72 pp
    Public7.26%7.22%7.65%7.67%+0.02 pp

    Filed with NSE for Sept 2026: promoters 51.00%, public 49.00% · XBRL filing

    Analysts & fund holdings

    83%
    83% recommend buy
    18 analysts cover the stock
    Valuation vs Electrical Equipment
    P/E72.2 vs 41.1
    Sector P/B5.66
    Beta1.38

    Who holds the shares, quarter by quarter

    Mutual funds 16.26% (+1.56 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters51.0%
    • Foreign institutions19.2%
    • Mutual funds16.3%
    • Insurance4.8%
    • Other domestic institutions1.1%
    • Retail5.7%
    • Others1.9%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Mid Cap Fund1.61%2.45%-0.39 pp
    Nippon India Growth Mid Cap Fund0.99%2.01%+0.20 pp
    Nippon India Multi Cap Fund0.84%1.58%-0.39 pp
    Axis Midcap Fund0.80%2.41%-0.28 pp
    Nippon India Large Cap Fund0.78%1.54%-0.56 pp

    Scorecard

    Performance
    High
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    43.9%
    Downside volatility
    42.7%
    Worst 5% of days
    4.8%
    Average of that tail
    6.3%
    Max drawdown (1Y)
    33.1%
    Below its peak
    33.1%

    Against the market

    Beta vs Nifty 50
    0.90
    Correlation
    0.27
    Relative strength (3M)
    -9.2%
    ATR (14)
    4.0%

    Return

    Return 1M
    -14.9%
    Return 3M
    -14.5%
    Return 6M
    -12.7%
    Return 1Y
    +24.2%
    vs 200-day average
    -10.4%

    Momentum

    RSI (14) · oversold
    26.4
    MACD histogram
    -51.02
    Stochastic %K
    20.6
    ADX (14)
    22.0
    +DI / −DI
    11.9 / 42.5
    Money flow index
    14.3

    Participation

    Delivery (20d avg)
    50.8%
    vs its 60-day baseline
    +0.6 pts
    Volume vs 20-day
    +3.4σ
    Close vs day's VWAP
    +2.4%
    52-week position
    38 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.

    Free cash flow
    ₹1,521 Cr
    FCF yield
    1.6%
    Net debt
    -₹1,501 Cr
    Net debt / equity
    -0.56
    EV / sales
    13.89

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹10.00

      Dividend - Rs 10 Per Share

      21 Aug 2026
      ex-date
    • dividend
      ₹5.00

      Dividend - Rs 5 Per Share

      22 Aug 2025
      ex-date
    • dividend
      ₹2.00

      Dividend - Rs 2 Per Share

      28 Aug 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      14 Aug 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      2 Aug 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      29 Jul 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      18 Sept 2020
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting/Dividend - Rs 1.80 Per Share

      16 Jul 2019
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting/Dividend- Rs 1.80 Per Share

      17 Jul 2018
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting/Dividend - Rs 1.80 Per Share

      17 Jul 2017
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting/Dividend - Rs 1.80/- Per Share

      18 Jul 2016
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting/Dividend- Rs 1.80/- Per Share

      15 Jul 2015
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting / Dividend - Rs 1.80/- Per Share

      25 Jun 2014
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting/ Dividend Rs 1.80/- Per Share

      24 Jun 2013
      ex-date
    • dividend
      ₹1.80

      Annual General Meeting And Dividend Rs.1.80 Per Share

      16 Jul 2012
      ex-date
    • other
      Not available — not reported in this filing

      Scheme Of Arrangement

      14 Dec 2011
      ex-date
    • dividend
      ₹1.80

      Dividend-Rs.1.80 Per Share

      26 Apr 2011
      ex-date
    • dividend
      ₹1.80

      Dividend-Rs.1.80 Pr Share

      13 Apr 2010
      ex-date
    • dividend
      Not available — not reported in this filing

      Agm/Dividend - 90% Bc Dates Revised

      29 Apr 2009
      ex-date
    • split
      Not available — not reported in this filing

      Fv Split Rs.10/- To Rs.2/Rd Date Revised

      22 Oct 2008
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Earnings Conference call with Analysts / Institutional Investors

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Consider Un-Audited Financial Results For The Quarter And Half Year Ended September 30, 2026

    GE Vernova T&D India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve un-audited financial results ....

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Certificate under reg. 74 (5) of SEBI (DP) Regulations, 2018

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement

    Insider Trading / SAST
    Closure of Trading Window

    Intimation of Closure of Trading Window

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Intimation of ESG Rating

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Investor Presentation

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Schedule of Analyst/Institutional Investor Call/Meet under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Voting Results of the 70th Annual General Meeting of GE Vernova T&D India Limited held on 9th September 2026

    Company Update
    Disclosure Under Regulation 30 Of SEBI ( Listing Obligations And Disclosure Requirements) Regulations, 2015

    Disclosure under Regulation 30 of SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding appointment/re-appointment of directors and Statutory Auditors in ....

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Scrutinizer's Report of the 70th Annual General Meeting

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Summary of Proceeding of the 70th Annual General Meeting (AGM) of GE Vernova T&D India Limited

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    Intimation of Receipt of Order

    Company Update
    Announcement under Regulation 30 (LODR)-Resignation of Director

    Intimation of Resignation of Director

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Publication

    Filed with BSE (scrip 522275); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 6 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    GE Vernova T&D India: common questions

    Answered from the figures on this page.

    GE Vernova T&D India last traded at ₹3,700.00 (NSE, as of 25 Oct 2026). The last session moved it down 1.07%.

    GE Vernova T&D India is valued at about ₹94,737 crore (NSE, as of 25 Oct 2026).

    GE Vernova T&D India trades at a price-to-earnings ratio of 72.24 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    GE Vernova T&D India has traded between ₹2,523.20 and ₹5,650.00 over the past 52 weeks, to 25 Oct 2026. It is currently 38% of the way up that range.

    GE Vernova T&D India (GVT&D) is classified under Infra on this site's screener.