GE Vernova T&D India Ltd (GVT&D)
₹4,020.00
Mkt cap
₹1.03L Cr
P/E ratio
69.40
P/B
31.16
Div yield
0.25%
ROE
57.40%
ROCE
77.40%
EPS (TTM)
₹57.93
Book value
₹129
52W range
2,523–5,650
Sector
Industrials
Price history
Previous close
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]
NSE GVT&DBSE 522275
Health check
Mixed
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−28.85% from high₹4,020
₹2,523+59.32% from low₹5,650
Current
₹4,020.00
Prev close
₹4,091.00
Day
−1.74%
Price performance
1D
−1.74%
1W
+8.65%
1M
−2.67%
3M
−4.34%
6M
−10.26%
1Y
+42.67%
YTD
+29.94%
Financials
Revenue, profit & margin
P/E ratio
69.4×
GVT&D is 130% above the sector median of 30.2×
GVT&D69.4×
Sector median30.2×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 698 | 839 | 914 | 958 | 1,108 | 1,074 | 1,153 | 1,330 | 1,538 | 1,701 | 1,637 | 1,836 | 2,027 | |
| Expenses | 637 | 742 | 803 | 776 | 903 | 894 | 900 | 943 | 1,142 | 1,246 | 1,192 | 1,375 | 1,477 | |
| Operating Profit | 61 | 97 | 111 | 182 | 205 | 180 | 252 | 388 | 396 | 455 | 445 | 461 | 550 | |
| OPM % | 9% | 12% | 12% | 19% | 18% | 17% | 22% | 29% | 26% | 27% | 27% | 25% | 27% | |
| Other Income | 9 | -4 | 6 | 12 | 4 | 26 | 21 | 16 | 19 | -51 | 43 | 42 | 50 | |
| Interest | 7 | 7 | 3 | 2 | 3 | 4 | 6 | 3 | 2 | 3 | 7 | 3 | 8 | |
| Depreciation | 13 | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 12 | 12 | 12 | 12 | 12 | |
| Profit before tax | 50 | 73 | 101 | 180 | 194 | 190 | 256 | 390 | 401 | 390 | 469 | 487 | 580 | |
| Tax % | 26% | 32% | 34% | 25% | 25% | 25% | 27% | 25% | 25% | 25% | 25% | 25% | 26% | |
| Net Profit | 37 | 49 | 66 | 135 | 145 | 143 | 186 | 291 | 299 | 291 | 352 | 363 | 431 | |
| 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 | 16.85 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.02% · closed higher next day 25 of last 52
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 5 Feb '24◦ | 22 May '24◦ | 31 Jul '24◦ | 8 Nov '24◦ | 5 Feb '25◦ | 23 May '25◦ | 29 Jul '25◦ | 3 Nov '25 | 28 Jan '26◦ | 18 May '26◦ | 5 Aug '26◦ | 30 Oct '26◦ |
| Earnings day | +5.00% | −4.69% | +5.00% | +5.00% | +0.57% | +10.00% | +5.00% | +4.41% | +8.71% | −0.94% | −0.98% | — |
| +1 day | +10.25% | −3.92% | +10.25% | +10.25% | −0.85% | +17.26% | +10.25% | +3.60% | +11.20% | +5.71% | −2.52% | — |
| +5 days | +16.97% | −9.34% | +9.13% | +11.96% | −9.25% | +21.98% | +13.18% | +2.78% | +20.95% | +9.52% | −2.39% | — |
| +15 days | +24.21% | +9.28% | +8.21% | +10.82% | −21.75% | +21.95% | +10.54% | −5.99% | +22.06% | +9.92% | −0.05% | — |
| +30 days | +19.49% | +18.48% | +8.15% | +23.63% | −6.81% | +24.63% | +12.73% | −0.80% | +24.07% | +8.95% | −0.57% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 10 Per Share | 10.00 | 21 Aug '26 | 21 Aug '26 |
Shareholding
as of Sep 202651.00%Promoter
Promoters51.00%
FIIs19.16%3.73
DIIs22.18%3.72
Public7.67%0.02
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| A B B | ₹6,413.00 | 88.17 | 1,35,897 | 0.61% | 362 | +8.03% | 3,559 | +21.03% | 29.93% |
| B H E L | ₹387.60 | 46.89 | 1,34,965 | 0.36% | 821 | +118.98% | 9,300 | +23.81% | 9.14% |
| CG Power & Ind | ₹804.00 | 90.61 | 1,26,668 | 0.16% | 409 | +43.71% | 3,802 | +30.07% | 26.71% |
| Hitachi Energy | ₹27,225.00 | 101.87 | 1,21,348 | 0.03% | 294 | +123.52% | 2,494 | +68.62% | 29.36% |
| Siemens | ₹3,303.00 | 78.25 | 1,17,627 | 0.54% | 2,143 | −18.59% | 4,714 | +14.75% | 21.44% |
| GE Vernova T&D | ₹4,020.00 | 69.45 | 1,02,932 | 0.25% | 431 | +44.05% | 2,027 | +31.75% | 77.44% |
| Siemens Ener.Ind | ₹2,803.30 | 65.40 | 99,831 | 0.14% | 441 | +67.83% | 2,486 | +39.28% | 67.75% |
| Median: 48 Co. | ₹421.55 | 30.17 | 4,751 | 0.04% | 41 | +28.08% | 443 | +24.96% | 23.51% |
Filings
Annual reports15
Concall transcripts111
PPTOct 2026RECOct 2026PPTSep 2026TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptJun 2026PPTJun 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025TranscriptAug 2025PPTAug 2025RECAug 2025PPTJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 31 Oct - Audio recording of October 30, 2026 earnings conference call uploaded for Q2 FY27 results.Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Oct - Q2 FY27 revenue INR 20.3bn, PAT INR 4.3bn; order bookings INR 24.4bn, multiple project wins.Announcement under Regulation 30 (LODR)-Investor Presentation 30 OctBoard Meeting Outcome for Outcome Of Board Meeting Held On October 30, 2026 30 Oct - Board approved Q2 FY2026-27 results: revenue Rs 20,269.8 million, net profit Rs 4,313.9 million.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 23 Oct - Earnings conference call scheduled for October 30, 2026 on Q2 FY2026-27 results.






