GE Vernova T&D
3,691.40
+139.20(+3.92%)
Market Cap₹94,517.00 Cr
PE Ratio88.47
Company Performance:
1D+3.92%
1M+27.37%
6M+31.62%
1Y+123.00%
5Y+3,240.63%
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More news about GE Vernova T&D
27Jan 26
GE Vernova T&D India Executes Rs. 54.64 Crore Block Trade on NSE
GE Vernova T&D India Ltd. executed a major block trade on NSE worth Rs. 54.64 crores, involving 202,177 shares at Rs. 2702.40 per share. This institutional transaction reflects significant investor activity in the electrical equipment sector.
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21Jan 26
GE Vernova T&D India Limited Schedules Board Meeting for January 28, 2026 to Consider Q3FY26 Financial Results
GE Vernova T&D India Limited has scheduled its Board meeting for January 28, 2026, to consider unaudited financial results for Q3FY26 ending December 31, 2025. The company has implemented trading window restrictions from January 1-30, 2026, in compliance with securities trading regulations.
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16Jan 26
GE Vernova T&D India Ltd. Records ₹38.75 Crore NSE Block Trade
GE Vernova T&D India Ltd. executed a major NSE block trade worth ₹38.75 crores, involving approximately 140,312 shares at ₹2,761.50 per share. This significant institutional transaction reflects notable market interest in the electrical equipment manufacturer operating in the capital goods sector.
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31Dec 25
GE Vernova T&D India Receives GST Penalty Orders Worth ₹9.99 Crores from Tax Authorities
GE Vernova T&D India Limited received GST penalty orders totaling ₹9.99 crores from tax authorities in Delhi and Chhattisgarh for FY2021-22 compliance issues. The orders include tax demands of ₹4.98 crores, penalties of ₹0.50 crores, and interest of ₹3.39 crores. The company plans to file appeals and expects no material operational impact.
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31Dec 25
GE Vernova T&D India Limited Announces Senior Management Changes in HR Department
GE Vernova T&D India Limited announced senior management changes effective January 1, 2026, involving HR department leadership transition. Mr. Amresh Singh will cease his role as Executive-Human Resource Partner due to role changes, while Ms. Poonam Mathur has been appointed as Head of Human Resources. Ms. Mathur brings 18 years of experience, including extensive GE group tenure since 2008 in various HR leadership positions.
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30Dec 25
GE Vernova T&D India surges 47% on record orders and strong growth outlook
GE Vernova T&D India's shares have surged 47% year-to-date, driven by a record order backlog of ₹13,100 crore, which is over three times its revenue. The company secured major contracts, including an HVDC project for Adani Energy Solutions and a ₹1,230 crore order from Power Grid Corporation. With projected revenue growth of over 35% and planned capital expenditure of ₹800 crore, the company is poised for expansion. Analysts remain optimistic, with target prices ranging from ₹3,350 to ₹3,680.
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22Dec 25
Nomura Sets Buy Rating for GE Vernova T&D at ₹4,000
Nomura has started covering GE Vernova T&D, a large-cap electrical equipment manufacturer in the capital goods sector, with a Buy rating. The global brokerage firm has set a target price of ₹4,000 for the stock, indicating a positive outlook on the company's prospects.
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20Dec 25
GE Vernova T&D India Wins Major 2500MW HVDC Contract for Multi-Year Execution
GE Vernova T&D India Limited has won a significant contract from AESL Projects Limited for designing and establishing a 2500MW, 500kV HVDC VSC Terminal Station for renewable power evacuation from Khavda to South Olpad. The multi-year project involves sophisticated power transmission infrastructure with dual 1250MW configuration, representing a major addition to India's renewable energy transmission capabilities.
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20Dec 25
GE Vernova T&D India Faces ₹2.12 Cr GST Penalty for Input Tax Credit Mismatch
GE Vernova T&D India Limited received a ₹2.12 crore penalty order from West Bengal GST authorities on December 19, 2025, for input tax credit discrepancies in FY2021-22. The penalty includes a tax demand of ₹1.93 crores and a penalty of ₹19.45 lakhs. The company plans to appeal the order and states there's no material impact on its operations. The disclosure was made to stock exchanges in compliance with SEBI regulations.
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19Dec 25
GE Vernova T&D India Receives ₹52.86 Lakh GST Demand Notice for FY2018-19 Compliance Issues
GE Vernova T&D India Limited has received a GST demand notice of ₹52.86 lakh from tax authorities for FY2018-19 compliance issues. The demand includes ₹15.99 lakh in tax, ₹15.99 lakh in penalties, and ₹20.87 lakh in interest. The company plans to appeal the order and states there is no material impact on its financial or operational activities.
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18Dec 25
GE Vernova T&D Wins HVDC Upgrade Order from PGCIL for Chandrapur Link Enhancement
GE Vernova T&D India Limited has been awarded a significant long-term contract by Power Grid Corporation of India Limited (PGCIL) to upgrade the 2×500 MW Chandrapur high voltage direct current (HVDC) transmission link. This project is part of India's ongoing power grid modernization efforts, aimed at enhancing transmission efficiency and grid stability. The contract reinforces GE Vernova T&D's role in supporting PGCIL's infrastructure development initiatives across India.
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17Dec 25
GE Vernova T&D India Limited Secures Major HVDC Refurbishment Contract from PGCIL
GE Vernova T&D India Limited has been awarded a significant contract by Power Grid Corporation of India Limited (PGCIL) for the refurbishment of the 2x500MW HVDC Chandrapur back-to-back link between Northern and Southern India. The project scope includes design, supply, and execution of upgrades to HVDC Thyristor Valves, Controls & Protection systems, and complete infrastructure refurbishment. This multi-year project aims to modernize critical power transmission infrastructure, potentially improving efficiency and grid stability.
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04Dec 25
GE Vernova T&D India Sees Rs. 58.30 Crore Block Trade on NSE
GE Vernova T&D experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 200,833 shares, totaling Rs. 58.30 crore, with each share priced at Rs. 2,902.90. This large-scale institutional trading activity may attract attention from market participants and analysts, potentially indicating shifts in investor sentiment or portfolio adjustments.
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15Nov 25
GE Vernova T&D India Faces INR 89.28 Lakh GST Penalty on Transportation Charges
GE Vernova T&D India Limited has received a GST penalty order from Vadodara authorities for non-payment of GST on transportation charges from April 2018 to March 2023. The total penalty is ₹89,28,324, including ₹44,64,162 each for tax and penalty. The company plans to appeal against the order and states that the financial impact will be limited to the specified amount, with no material impact on its overall financial or operational activities.
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11Nov 25
GE Vernova T&D India Reports Strong Q2 Results, Announces INR 8 Billion Capacity Expansion
GE Vernova T&D India Limited reported impressive Q2 results with revenue rising 39% YoY to INR 15.40 billion. EBITDA margin expanded to 25.80%, and Profit Before Tax doubled to INR 4.00 billion. The company maintains a healthy order backlog of INR 131.10 billion. Additionally, it announced an INR 8 billion capacity expansion plan focusing on advanced grid technologies, aiming to support both domestic and export markets. The expansion includes enhancing capacities for transformers, reactors, and other power products across multiple facilities.
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04Nov 25
GE Vernova T&D India Sets Ambitious Revenue Target for FY25, Reports Strong Q2 Performance
GE Vernova T&D India Limited announced a revenue target of INR 5,500-6,000 crore for FY25, with overall margins expected to remain above 20%. Q2 FY 2024-25 results showed impressive growth with revenue up 38.9% to INR 15,384.60 crore and net profit increasing 107.1% to INR 2,994.80 crore. The company plans to invest INR 806 crore to expand manufacturing capacities across its facilities. Despite a 66% decline in order bookings, GE Vernova secured significant orders for various substation projects and equipment exports.
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03Nov 25
GE Vernova T&D India Approves INR 806 Crore Investment for Manufacturing Expansion
GE Vernova T&D India reported a 38.90% increase in Q2 revenue to ₹15,384.60 crore and a 107.10% rise in net profit to ₹2,994.80 crore. EBITDA grew by 93.20% to ₹3,960.90 crore with margin expanding to 25.77%. The company's board approved a ₹806 crore investment to expand facilities in Vadodara, Hosur, and Padappai, aiming to increase transformer and reactor capacity by over 50% and GIS & AIS products capacity by up to 25% by 2028.
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11Sept 25
GE Vernova T&D India Shareholders Approve Key Appointments and Transactions
GE Vernova T&D India Limited held its 69th AGM, passing nine resolutions. Shareholders approved the re-appointment of Sanjay Sagar as Independent Director for a second five-year term, and appointed RMG & Associates as Secretarial Auditor. Material related party transactions were approved, including dealings with LM Wind Power Blades, Grid Solutions Middle East FZE, and Grid Solution SAS. Financial statements were adopted, and a final dividend of Rs. 5.00 per equity share was declared. Fabrice Aumont was appointed as a Director, and the remuneration for Cost Auditors was ratified.
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05Aug 25
GE Vernova T&D India Reports Robust Q1 Results with 39% Revenue Growth and Significant Margin Expansion
GE Vernova T&D India Limited reported impressive Q1 financial results. Revenue increased 39% year-on-year to INR 13.30 billion. Order inflow grew 57% to INR 16.20 billion, with the order backlog reaching INR 129.60 billion. EBITDA margin expanded by 1000 basis points to 29.1%. Profit before tax more than doubled to INR 3.90 billion. Exports contributed 39% of quarterly revenue. The company generated positive cash flow of INR 1.70 billion and announced a capex plan of INR 2.50 billion for manufacturing capacity enhancement. A dividend of INR 1.30 billion has been proposed, subject to shareholder approval.
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30Jul 25
GE Vernova T&D India Reports Strong Q1 Results, Cautions on Future Margins
GE Vernova T&D India Limited announced impressive Q1 results with 39% YoY revenue growth to ₹13,301.30 crore and 117% increase in Profit After Tax to ₹2,912 crore. EBITDA margin improved to 29.10% from 19.00% in the previous year. Order bookings rose by 57% to ₹16,200 crore. Despite strong performance, the company cautioned stakeholders not to consider Q1 margins as the new standard. GE Vernova T&D targets a 19% EBITDA margin by FY25. The company secured significant orders for transformers, reactors, and GIS equipment across India and internationally. Management emphasized disciplined approach to profitable orders and focus on cash flow generation.
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29Jul 25
GE Vernova T&D India Reports Strong Q1 Results, Focuses on Energy Transition Projects
GE Vernova T&D India Limited reported impressive Q1 financial results with significant year-over-year growth. Revenue increased by 39% to ₹13,301.30 million, EBITDA grew by 113% to ₹3,876.00 million, and Profit After Tax surged by 117% to ₹2,912.00 million. Order bookings rose by 57% to ₹16,200.00 million. The company secured multiple orders for energy transition projects, including 765 kV transformers and reactors, GIS equipment, and grid automation packages. GE Vernova T&D India also made progress in project execution, commissioning various high-voltage systems across India.
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29Jul 25
GE Vernova T&D India Reports Robust Q1 Results with 116% Surge in Net Profit
GE Vernova T&D India Limited announced robust Q1 FY 2025-26 results, with revenue up 39% to ₹13,301.30 million and net profit soaring 116% to ₹2,912.00 million. EBITDA margin improved by 1010 bps to 29.10%. Order bookings increased by 57% to ₹16.20 billion. The company secured multiple orders for high-voltage equipment and successfully commissioned several projects across India. Management attributes the strong performance to India's grid modernization efforts and increasing electricity demand.
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11Jun 25
GE Vernova T&D India Reports Stellar Q4 Performance: Net Profit Triples, Order Book Surges
GE Vernova T&D India's Q4 financial results show exceptional growth. Net profit surged threefold to Rs 186.49 crore. Order bookings jumped 124% to Rs 29.90 billion. Revenue increased by 27.67% to Rs 1,173.70 crore. EBITDA rose by 134.19% to Rs 273.30 crore. Operating profit grew 127.12% to Rs 252.10 crore. The company recommended a final dividend of 250% (Rs 5 per share). The stock has delivered a 3,117.80% return over five years and gained 84.40% this year.
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26May 25
GE Vernova T&D India Soars 10% on Stellar Q4 Performance
GE Vernova T&D India's shares surged to the 10% upper circuit following exceptional Q4 results. The company achieved a record-breaking 21.90% EBITDA margin, the highest among peers. Q4 financials showed significant improvements with revenue up 27.67% YoY to ₹1,173.70 crore, EBITDA up 134.19% to ₹273.30 crore, and net profit soaring 181.30% to ₹186.50 crore. Management expressed confidence in long-term demand outlook. Nomura reiterated a 'Buy' rating with a ₹2,600 target price, projecting a 36% earnings CAGR for FY2025-2027.
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23May 25
GE Vernova T&D India Reports Nearly Threefold Jump in Q4 Profit
GE Vernova T&D India's Q4 consolidated net profit soared to Rs 186.40 crore from Rs 66.20 crore year-over-year, marking a 181.6% increase. Revenue grew by 26% to Rs 1,153.00 crore. The company's board declared a final dividend of Rs 5.00 per equity share, subject to shareholder approval.
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14May 25
GE Vernova to Invest ₹140 Crore in Indian Manufacturing and Engineering Expansion
GE Vernova's Transmission & Distribution India division plans to invest ₹140 crore to expand its manufacturing and engineering operations in India. The investment includes a new manufacturing line in Chennai for HVDC and STATCOM valves, expected to be operational by early 2027, and a new engineering and test lab in Noida, projected to be ready by the end of 2025. This expansion aims to enhance the company's capabilities in meeting India's growing demand for advanced grid infrastructure, supporting the country's evolving energy needs and power distribution network modernization.
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02May 25
GE Vernova T&D India Secures Major Contract for Renewable Energy Infrastructure
GE Vernova T&D India Limited has won a significant contract to supply extra high-voltage transformers and shunt reactors for renewable energy corridors across India. The company will deliver 70 units of 765 kV transformers and associated equipment to Powergrid, India's central transmission utility. This contract is crucial for enhancing India's renewable energy infrastructure and improving long-distance power transmission capabilities.
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01May 25
GE Vernova T&D India Secures Major Contract for Renewable Energy Infrastructure
GE Vernova T&D India has won a significant contract to supply extra high-voltage transformers and shunt reactors for renewable energy corridors across India. The project includes delivering 70 units of 765 kV transformers and shunt reactors to Powergrid, India's central transmission utility. This contract will support India's renewable energy infrastructure expansion, enhancing the country's capacity to transmit power from green energy sources and integrate large-scale solar and wind projects into the national grid.
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05Mar 25
GE Vernova T&D India Ltd. Secures Major Orders Amidst Block Trade Activity
GE Vernova T&D India Ltd. has won three orders totaling Rs. 500 Crores from Power Grid Corporation of India Limited for supplying and installing 765kV Class Transformers & Reactors. The orders have a 36-month execution timeframe. Concurrently, a block trade of 116,291 shares worth Rs. 16.27 Crores was executed on NSE at Rs. 1,398.70 per share.
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05Mar 25
GE Vernova T&D India Secures ₹500 Crore Order Amidst Remarkable 21-Year Growth
GE Vernova T&D India Limited has won three orders totaling ₹500 crore from Power Grid Corporation of India Limited for supply and installation of transformers and reactors. The company's stock has shown remarkable growth over 21 years, rising from ₹7 to ₹1,400, yielding a 19,900% return. Q3 FY25 results show net profit up 189% to ₹142.7 crore and revenue up 27.8% to ₹1,073.7 crore, despite a 12% decrease in order bookings.
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04Mar 25
GE Vernova T&D India Secures ₹500 Crore Orders from Power Grid for 765kV Class Equipment
GE Vernova T&D India Limited has won three contracts worth approximately ₹500 crore from Power Grid Corporation of India Limited (PGCIL). The orders involve supplying and installing 765kV class transformers and reactors over a 36-month period. This high-voltage equipment is crucial for efficient long-distance electricity transmission across India's national grid.
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GE Vernova T&D
3,691.40
+139.20
(+3.92%)
1 Year Returns:+123.00%
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