| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 3,722 | 3,446 | 4,193 | 4,572 | 4,277 | 3,218 | 3,518 | 3,092 | 2,807 | 3,191 | 4,355 | 4,731 |
| Expenses | 3,397 | 3,214 | 4,013 | 4,075 | 3,793 | 3,374 | 3,307 | 3,175 | 2,672 | 2,849 | 3,474 | 3,640 |
| EBITDA | 325 | 232 | 180 | 497 | 484 | -156 | 211 | -83 | 136 | 342 | 881 | 1,091 |
| Operating Profit % | 8 % | 3 % | 1 % | 6 % | 10 % | -7 % | 4 % | -4 % | 4 % | 10 % | 19 % | 22 % |
| Depreciation | 82 | 86 | 88 | 90 | 83 | 78 | 66 | 58 | 55 | 50 | 47 | 46 |
| Interest | 73 | 91 | 165 | 88 | 66 | 68 | 59 | 39 | 42 | 28 | 14 | 15 |
| Profit Before Tax | 170 | 56 | -73 | 319 | 335 | -356 | 89 | -70 | 27 | 263 | 820 | 1,030 |
| Tax | 50 | 21 | 13 | 110 | 122 | -53 | 29 | -20 | 28 | 82 | 211 | 296 |
| Net Profit | 121 | 35 | -87 | 209 | 213 | -303 | 60 | -50 | -2 | 181 | 608 | 765 |
| EPS in ₹ | 4.71 | 1.30 | -3.40 | 8.15 | 8.31 | -11.82 | 2.36 | -1.94 | -0.06 | 7.07 | 23.76 | 29.90 |
GE Vernova T&D
GE Vernova T&D
2,905.20
-54.40
(-1.84%)
Key Fundamentals
Market Cap
74,386.60 Cr
EPS
23.76
PE Ratio
97.23
Dividend Yield
0.17 %
Industry
Capital Goods 52 Week High
3,204.90
52 Week Low
1,254.00
PB Ratio
41.95
Debt to Equity
0.03
Sector
Electrical Equipment Analyst Rating and Forecast
- By Refinitiv from7 analysts
Actual
Company News
View All News
GE Vernova T&D India Re-appoints Sanjay Sagar as Independent Director, Names New Secretarial Auditor
Sep 11, 2025
Sep 11, 2025GE Vernova T&D India Limited shareholders approved the re-appointment of Sanjay Sagar as Independent Director for a second five-year term from July 1, 2025 to June 30, 2030. Sagar, aged 67, brings over four decades of experience including his role as Joint Managing Director & CEO of JSW Energy Ltd. from 2012 to 2017, where he helped double the company's generation capacity and grow profitability seven-fold. Shareholders also appointed RMG & Associates as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30. RMG & Associates is a Delhi-based company secretaries firm established in 2001 with 24 years of experience in corporate secretarial and regulatory matters. Both appointments were approved at the company's 69th Annual General Meeting held on September 10, 2025.
GE Vernova T&D India Reports Strong Q1 FY26 Results with 39% Revenue Growth and 1000 bps EBITDA ExpansionAug 05, 2025
Aug 05, 2025GE Vernova T&D India delivered robust quarterly results with revenue rising 39% year-on-year to INR13.3 billion versus INR9.6 billion in Q1 FY25. Order bookings surged 57% to INR16.2 billion compared to INR10.3 billion in the previous year quarter. EBITDA margin expanded significantly by 1000 basis points to 29.1% for the quarter. Profit before tax and exceptional items more than doubled to INR3.9 billion from INR1.8 billion in the corresponding quarter last year. The company generated positive cash flow of INR1.7 billion during the quarter, with cash and cash equivalents increasing to INR12.2 billion from INR10.5 billion as of March 2025. Export orders contributed 39% of quarterly revenue, with the company maintaining an order backlog of INR129.6 billion. Management expects both the South Olpad-Khavda and Barmer-South Kalamb HVDC projects to be finalized during the current financial year. The company announced a capex plan of INR2.5 billion and proposed dividend of INR1.3 billion subject to shareholder approval.
GE Vernova T&D Cautions Against High Q1 Margin Expectations, Targets 19% EBITDA Margin by FY25Jul 30, 2025
Jul 30, 2025GE Vernova T&D has warned stakeholders not to consider its high Q1 margins as a new standard for future performance. The company is targeting a 19% EBITDA margin improvement by FY25. This guidance suggests the company experienced strong margins in Q1 but expects performance to normalize going forward while working toward longer-term margin enhancement goals.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
723.85 | #1 1,13,983.30 | 114.13 | 10,070.80 | 23.53 | 973 | 10.66 | 38.68 | |
3,152.20 | 1,12,256.30 | 45.81 | 12,193.00 | 15.54 | 1,606 | -26.76 | 49.88 | |
5,181.00 | 1,09,789.70 | 61.17 | 12,541.70 | 16.69 | 1,875 | 25.39 | 47.10 | |
3,529.50 | 1,01,396.60 | 36.21 | 14,846.10 | 27.62 | 1,928 | 133.75 | 55.81 | |
230.94 | 80,414.80 | 278.61 | #1 28,804.80 | 17.86 | 534 | -115.47 | 44.37 | |
16,767.00 | 74,734.50 | 147.94 | 6,442.10 | 22.78 | 384 | #1 1,165.38 | 28.66 | |
2,905.20 | #7 74,386.60 | #7 97.23 | #10 4,354.90 | #3 36.50 | #8 608 | #3 116.51 | 46.83 | |
53.82 | 73,779.20 | #1 34.95 | 10,993.10 | 67.39 | #1 2,072 | 7.28 | 40.99 | |
1,070.70 | 48,264.40 | 46.27 | 6,652.10 | #1 109.76 | 937 | 55.30 | 59.74 | |
3,276.50 | 39,041.60 | 58.37 | 10,640.90 | 11.35 | 627 | 38.39 | 55.83 |
Growth Rate
Revenue Growth
36.50 %
Net Income Growth
235.89 %
Cash Flow Change
74.32 %
ROE
135.48 %
ROCE
103.98 %
EBITDA Margin (Avg.)
89.16 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 4,492 | 4,772 | 5,114 | 4,769 | 4,196 | 4,154 | 4,069 | 3,767 | 3,680 | 3,584 | 4,661 |
| Fixed Assets | 687 | 684 | 656 | 586 | 513 | 538 | 494 | 457 | 421 | 401 | 379 |
| Current Assets | 3,718 | 3,725 | 4,019 | 3,773 | 3,243 | 3,059 | 3,008 | 2,726 | 2,666 | 2,634 | 3,673 |
| Capital Work in Progress | 70 | 33 | 25 | 18 | 5 | 12 | 22 | 9 | 9 | 11 | 47 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3,736 | 4,055 | 4,434 | 4,165 | 3,679 | 3,604 | 3,554 | 3,302 | 3,250 | 3,173 | 4,235 |
| Total Liabilities | 4,492 | 4,772 | 5,114 | 4,769 | 4,196 | 4,154 | 4,069 | 3,767 | 3,680 | 3,584 | 4,661 |
| Current Liabilities | 3,127 | 3,467 | 3,970 | 3,451 | 2,624 | 2,826 | 2,725 | 2,533 | 2,464 | 2,251 | 2,790 |
| Non Current Liabilities | 53 | 126 | 111 | 128 | 144 | 276 | 221 | 154 | 143 | 91 | 98 |
| Total Equity | 1,312 | 1,178 | 1,033 | 1,190 | 1,428 | 1,052 | 1,123 | 1,080 | 1,073 | 1,243 | 1,773 |
| Reserve & Surplus | 1,261 | 1,127 | 982 | 1,138 | 1,377 | 1,000 | 1,072 | 1,029 | 1,022 | 1,192 | 1,722 |
| Share Capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 45 | -20 | 11 | 163 | -182 | -0 | -1 | 22 | -26 | 87 | 339 |
| Investing Activities | -137 | -50 | -47 | -306 | 287 | -30 | 12 | 116 | 3 | -172 | -495 |
| Operating Activities | 502 | -91 | 188 | 1,054 | -355 | -260 | 311 | 8 | -37 | 518 | 904 |
| Financing Activities | -320 | 120 | -131 | -585 | -114 | 290 | -324 | -103 | 9 | -259 | -69 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 75.00 % | 59.38 % | 51.00 % | 51.00 % | 51.00 % | 51.00 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.59 % | 0.69 % | 1.20 % | 2.04 % | 6.82 % | 12.05 % | 13.05 % | 14.49 % | 16.15 % |
| DIIs | 15.08 % | 14.55 % | 15.09 % | 15.49 % | 15.47 % | 15.72 % | 15.71 % | 15.74 % | 15.72 % | 16.52 % | 16.19 % | 16.11 % | 15.84 % | 14.97 % | 25.61 % | 28.40 % | 28.19 % | 26.76 % | 25.20 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 7.66 % | 7.96 % | 8.04 % | 7.80 % | 7.86 % | 7.65 % | 7.61 % | 7.61 % | 7.62 % | 6.45 % | 5.99 % | 5.96 % | 5.87 % | 6.12 % | 6.13 % | 6.36 % | 5.76 % | 5.76 % | 5.73 % |
| Others | 2.26 % | 2.48 % | 1.86 % | 1.71 % | 1.67 % | 1.63 % | 1.69 % | 1.65 % | 1.65 % | 2.03 % | 2.24 % | 2.24 % | 2.09 % | 1.87 % | 2.06 % | 2.19 % | 2.01 % | 1.99 % | 1.91 % |
| No of Share Holders | 40,464 | 43,290 | 42,059 | 41,143 | 41,862 | 40,825 | 39,063 | 39,123 | 38,865 | 38,226 | 39,717 | 37,443 | 44,121 | 59,130 | 74,413 | 87,000 | 82,054 | 90,663 | 1,02,934 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 1.8 | 1.8 | 1.8 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5 |
| Dividend Yield (%) | 0.00 | 0.44 | 0.65 | 2.5 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 21 Aug 2023 |  Annual General Meeting | NA | 21 Aug 2023 | 209.15 | 350.95 |
| 16 Jul 2024 |  Change Of Name | NA | 16 Jul 2024 | 1,673.40 | 1,673.40 |
| 28 Aug 2024 |  Dividend | ₹ 2.00 /share | 28 Aug 2024 | 1,308.30 | 1,675.35 |
| 04 Sept 2024 | Annual General Meeting | NA | 04 Sept 2024 | 1,590.15 | 1,664.30 |
| 08 Nov 2024 |  Quarterly Result Announcement | NA | 08 Nov 2024 | 1,689.60 | 1,759.55 |
| 05 Feb 2025 | Quarterly Result Announcement | NA | 05 Feb 2025 | 1,642.80 | 1,647.70 |
| 23 May 2025 | Quarterly Result Announcement | NA | 23 May 2025 | 1,686.25 | 1,859.70 |
| 29 Jul 2025 | Quarterly Result Announcement | NA | 29 Jul 2025 | 2,418.90 | 2,396.40 |
| 22 Aug 2025 | Dividend | ₹ 5.00 /share | 22 Aug 2025 | 1,859.70 | 2,735.90 |
| 10 Sept 2025 | Annual General Meeting | NA | 10 Sept 2025 | 2,379.40 | 2,717.55 |
Announcements
Board Meeting Intimation for Notice Of Board Meeting To Consider Un-Audited Financial Results For The Quarter And Period Ended September 30 20252 days ago
2 days agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Oct 13, 2025Announcement under Regulation 30 (LODR)-Credit RatingOct 09, 2025
Oct 09, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Credit RatingSep 24, 2025
Sep 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 11, 2025
Sep 11, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 11, 2025
Sep 11, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 11, 2025
Sep 11, 2025Summary Of Proceedings Of The 69Th Annual General Meeting.Sep 10, 2025
Sep 10, 2025Announcement under Regulation 30 (LODR)-Credit RatingSep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 21, 2025
Aug 21, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 15, 2025
Aug 15, 2025Notice Of 69Th Annual General MeetingAug 14, 2025
Aug 14, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 14, 2025
Aug 14, 2025Notice Of 69Th Annual General Meeting And Annual Report For The Financial Year 2024-25Aug 14, 2025
Aug 14, 2025Reg. 34 (1) Annual Report.Aug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJul 29, 2025
Jul 29, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On July 29 2025Jul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 21, 2025
Jul 21, 2025Board Meeting Intimation for Notice Of Board Meeting - Intimation Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) To Consider Un-Audited Financial Results For The Quarter Ended On June 30 2025.Jul 18, 2025
Jul 18, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 11, 2025
Jul 11, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015Jul 03, 2025
Jul 03, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015Jul 02, 2025
Jul 02, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Announcement Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015Jun 25, 2025
Jun 25, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015Jun 20, 2025
Jun 20, 2025Announcement under Regulation 30 (LODR)-Dividend UpdatesJun 19, 2025
Jun 19, 2025Board Meeting Outcome for Outcome Of Board MeetingJun 19, 2025
Jun 19, 2025Board Meeting Outcome for Outcome Of Board MeetingJun 19, 2025
Jun 19, 2025Intimation- Completion Of Tenure Of Independent DirectorJun 01, 2025
Jun 01, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 30, 2025
May 30, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 28, 2025
May 28, 2025Newspaper Advertisement And Letter To ShareholderMay 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 25, 2025
May 25, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 23, 2025
May 23, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015May 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Dividend UpdatesMay 23, 2025
May 23, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On May 23 2025May 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 14, 2025
May 14, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 14, 2025
May 14, 2025Mutual Fund Holdings
Nippon India Multi Cap Fund Direct-Growth 
360 ONE Focused Fund Direct-Growth 
PGIM India Flexi Cap Fund Direct-Growth 
Aditya Birla Sun Life Large Cap Direct Fund-Growth 
Bandhan Large & Mid Cap Fund Direct-Growth 
Bajaj Finserv Flexi Cap Fund Direct-Growth 
Invesco India ELSS Tax Saver Fund Direct-Growth 
Edelweiss Mid Cap Direct Plan-Growth 
HSBC Midcap Fund Direct-Growth 
Canara Robeco Equity Hybrid Fund Direct-Growth 
Motilal Oswal Large and Midcap Fund Direct - Growth 
Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth 
Axis Midcap Direct Plan-Growth 
Baroda BNP Paribas Small Cap Fund Direct - Growth Technical Indicators
RSI(14)
Neutral 46.83
ATR(14)
Volatile 101.58
STOCH(9,6)
Oversold 18.86
STOCH RSI(14)
Oversold 15.35
MACD(12,26)
Bearish -27.09
ADX(14)
Weak Trend 22.51
UO(9)
Bearish 30.01
ROC(12)
Downtrend And Accelerating -6.22
WillR(14)
Neutral -74.57
About GE Vernova T&D
GE Vernova T&D India Limited, formerly GE T&D India Limited, is a leading player in the power transmission and distribution infrastructure business in India. The company offers a wide range of products and solutions for power generation, transmission, and distribution, including equipment for medium to ultra-high voltage (up to 1200 kV) applications. Their product portfolio includes power transformers, circuit breakers, gas insulated switchgears, instrument transformers, substation automation equipment, digital software solutions, and turnkey substation engineering and construction services. The company also provides Flexible AC Transmission Systems (FACTS), High Voltage DC (HVDC) solutions, and maintenance support. GE Vernova T&D India has manufacturing sites across India and has been involved in numerous significant power infrastructure projects throughout the country.
Chairperson NameRathindra Nath Basu
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
