GE Vernova T&D India

    GVT&D
    Infra
    ₹4548.10
    price as of 11/9/2026, 5:28:14 pm

    Market cap ₹1.16 L Cr

    P/E
    89.35
    Day range
    ₹4,428.70 – ₹4,548.10
    52-week range
    ₹2,523.20 – ₹5,650.00
    Volume
    5.88 L
    Open
    ₹4,500.00
    Prev close
    ₹4,545.00
    Promoters pledged 1.4% of their shares
    52-week range, adjusted for splits and bonuses
    ₹2,523.2₹5,650
    21 Jan 202623 Jun 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150NIFTY ENERGYF&O lot 125

    Price history

    6M change +20.19%RSI (14) 55.8 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 42.7% today vs 52.0% average · BSE close ₹4,545

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹3,250₹3,900₹4,550₹5,200₹5,8500%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹4,547.9
    Change
    -0.03%
    Basis over spot
    −₹0.18
    Futures OI (shares)
    30.1 L
    OI change
    +0.02%
    Put-call ratio
    0.73
    Max pain
    ₹4,500
    Resistance (call OI)
    ₹5,000
    Support (put OI)
    ₹4,300
    Lot size
    125

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    32003500370039004100430045004700490051005300560001.0 L2.0 L3.0 L4.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    ROE (FY26)
    55.3%
    ROCE (latest year)
    77%

    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

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr500 Cr1.0K Cr1.5K Cr2.0K Cr0%8%16%24%32%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • FII
    • DII
    • Public

    Cash flows

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

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-600 Cr0 Cr600 Cr1.2K Cr1.8K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-25%0%25%50%75%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr700 Cr1.4K Cr2.1K Cr2.8K Cr0.0x0.1x0.3x0.5x0.6x
    • Equity
    • Debt
    • Debt / equity

    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 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    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 43.3 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
    +30%
    5 Years
    +103%
    3 Years
    +138%
    1 Year
    +66%

    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
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter51.00%51.00%51.00%51.00%0.00 pp
    FII16.15%18.46%20.39%22.89%+2.50 pp
    DII25.20%23.27%21.39%18.46%-2.93 pp
    Public7.66%7.26%7.22%7.65%+0.43 pp

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

    Analysts & fund holdings

    82%
    82% recommend buy
    17 analysts cover the stock
    Valuation vs Electrical Equipment
    P/E89.4 vs 45.8
    Sector P/B6.15
    Beta1.35

    Who holds the shares, quarter by quarter

    Mutual funds 14.70% (-3.33 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters51.0%
    • Foreign institutions22.9%
    • Mutual funds14.7%
    • Insurance3.1%
    • Other domestic institutions0.7%
    • Retail5.7%
    • Others2.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Kotak Mid Cap Fund1.59%2.42%-2.47 pp
    Nippon India Growth Mid Cap Fund0.99%1.99%+0.18 pp
    Nippon India Large Cap Fund0.95%1.85%-0.24 pp
    Nippon India Multi Cap Fund0.92%1.72%-0.25 pp
    Axis Midcap Fund0.79%2.35%-0.34 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.

    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

    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

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Earnings call Transcript

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Business Responsibility and Sustainability Report for the financial year 2025-26

    Others
    Reg. 34 (1) Annual Report.

    Annual Report

    AGM/EGMPrice-sensitive
    Notice Of 70Th Annual General Meeting And Annual Report For The Financial Year 2025-26

    Notice of 70th Annual General Meeting and Annual Report for the financial year 2025-26

    Company Update
    Communication For Deduction Of Tax On Final Dividend For FY 2025-26

    Communication for deduction of Tax on final Dividend for FY 2025-26

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

    Newspaper publication

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

    Intimation of Audio recording of the Earnings Conference call held on August 7, 2026

    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.