NSE · GVT&D
GE Vernova T&D India Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹6,297 Cr with net profit ₹1,233 Cr — a 19.58% net margin, versus 13.97% the period before.
Shareholding
As of 2026-09-30
- Promoter51%
- Public8.75%
- FII19.16%
- DII21.1%
1,53,699 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 2.24× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Electric Equipment · ranked #5 of 103 by market cap · medians across 49 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Bharat Heavy Electricals Ltd. | ₹1,45,829 Cr | 50.64 | 5.45 | 10.76% | 7.62% |
| ABB India Limited | ₹1,43,547 Cr | 93.14 | 15.37 | 16.5% | 22.41% |
| Siemens Ltd. | ₹1,26,779 Cr | 84.34 | 9.15 | 9.66% | 17.43% |
| CG Power & Industrial Solutions Ltd. | ₹1,21,785 Cr | 87.15 | 13.94 | 15.74% | 10.04% |
| GE Vernova T&D India Ltd.(this company) | ₹1,02,880 Cr | 69.41 | 31.25 | 43.61% | 19.96% |
| Havells India Ltd. | ₹70,472 Cr | 41.53 | 7.21 | 17.02% | 6.59% |
| Waaree Energies Limited | ₹70,129 Cr | 17.94 | 4.38 | 23.05% | 11.72% |
| Apar Industries Ltd. | ₹59,069 Cr | 42.16 | 6.92 | 16.16% | 5.4% |
| Suzlon Energy Limited | ₹52,909 Cr | 23.37 | 5.16 | 21.98% | 12.29% |
| Dhoot Transmission Ltd. | ₹32,771 Cr | 67.75 | 8.1 | 11.97% | 7.6% |
AI analysis
AI-generated · google/gemini-2.5-flashGE Vernova T&D India Ltd., incorporated in 1957 and based in Noida, India, engages in building power transmission and distribution infrastructure. Formerly known as GE T&D India Limited, the company changed its name in October 2024. It operates as a subsidiary of Grid Equipments Private Limited and provides products and solutions including power evacuation, grid interconnection, renewable integration, power transformers, circuit breakers, and smart grid solutions. The company reported a market capitalization of Rs 114197 Cr, with revenue of Rs 6206.31 Cr and a profit margin of 19.87%.
Positives
- +The company reported a profit margin of 19.87%.
- +Return on Equity (ROE) was 45.84%.
- +Return on Capital Employed (ROCE) was 61.32%.
- +The promoter shareholding was 51% with no pledges reported.
- +The dividend yield is 22%.
Negatives
- −The price-to-earnings (PE) ratio is 89.27, which is comparatively high.
- −The debt-to-equity ratio is 0.89.
Business
GE Vernova T&D India Limited is involved in developing power transmission and distribution infrastructure both in India and internationally. Its offerings encompass power evacuation products like electrical balance of plants and substations, along with generator circuit breakers, high/medium-voltage transformers, and high-voltage switchgears. The company also provides grid interconnection and renewable integration products, including high-voltage direct current systems and flexible AC transmission systems, as well as smart grid solutions for transmission and distribution.
Financial performance
The company's revenue increased to Rs 6206.31 Cr in March 2026 from Rs 4354.89 Cr in March 2025. Net profit also rose significantly to Rs 1233.25 Cr in March 2026, compared to Rs 608.33 Cr in March 2025. Earnings per share (EPS) saw an increase from Rs 23.76 in March 2025 to Rs 49.96 for the full year. The trailing twelve months (TTM) EPS is reported as Rs 49.96.
Profitability & Returns
GE Vernova T&D India Ltd. demonstrated a profit margin of 19.87%. The company reported a Return on Equity (ROE) of 45.84% and a Return on Capital Employed (ROCE) of 61.32%. These figures indicate efficiency in generating profits relative to equity and capital employed.
Balance Sheet
The company has a book value per share of Rs 105.07. The debt-to-equity ratio stands at 0.89, indicating the proportion of debt financing relative to equity. It is important to note the debt-to-equity against the company's capital structure.
Ownership & Pledges
As of March 31, 2026, promoters held 51% of the shares. Institutional investors, including DIIs and FIIs, collectively held 41.7819%, with DIIs at 21.394% and FIIs at 20.3879%. Public shareholding was 7.2181%. There were no promoter share pledges reported.
Data as of — price: 2026-11-07 · financials: Mar 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.