GE Vernova T&D India Ltd (GVT&D)
₹4,157.40
Mkt cap
₹1.06L Cr
P/E ratio
83.20
P/B
39.59
Div yield
0.24%
ROE
57.30%
ROCE
76.40%
EPS (TTM)
₹49.97
Book value
₹105
52W range
2,358–5,534
Sector
Industrials
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]
Health check
Cautious
ValuationExpensive
ProfitabilityStrong
GrowthLow
TechnicalsNeutral
52-week range
−24.87% from high₹4,157
₹2,358+76.30% from low₹5,534
Current
₹4,157.40
Prev close
₹4,200.00
Day
−1.01%
Price performance
1D
−1.01%
1W
−6.47%
1M
−17.56%
3M
−9.59%
6M
+59.85%
1Y
+72.00%
YTD
+34.38%
Financials
FRevenue, profit & margin
P/E ratio
83.2×
GVT&D is 148% above the sector median of 33.5×
GVT&D83.2×
Sector median33.5×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 703 | 718 | 698 | 839 | 914 | 958 | 1,108 | 1,074 | 1,153 | 1,330 | 1,538 | 1,701 | 1,637 | |
| Expenses | 675 | 667 | 637 | 742 | 803 | 776 | 903 | 894 | 900 | 943 | 1,142 | 1,246 | 1,192 | |
| Operating Profit | 28 | 51 | 61 | 97 | 111 | 182 | 205 | 180 | 252 | 388 | 396 | 455 | 445 | |
| OPM % | 4% | 7% | 9% | 12% | 12% | 19% | 18% | 17% | 22% | 29% | 26% | 27% | 27% | |
| Other Income | -1 | 12 | 9 | -4 | 6 | 12 | 4 | 26 | 21 | 16 | 19 | -51 | 43 | |
| Interest | 13 | 11 | 7 | 7 | 3 | 2 | 3 | 4 | 6 | 3 | 2 | 3 | 7 | |
| Depreciation | 15 | 13 | 13 | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 12 | 12 | 12 | |
| Profit before tax | -0 | 39 | 50 | 73 | 101 | 180 | 194 | 190 | 256 | 390 | 401 | 390 | 469 | |
| Tax % | 12,692% | 27% | 26% | 32% | 34% | 25% | 25% | 25% | 27% | 25% | 25% | 25% | 25% | |
| Net Profit | -15 | 28 | 37 | 49 | 66 | 135 | 145 | 143 | 186 | 291 | 299 | 291 | 352 | |
| EPS in Rs | -0.60 | 1.10 | 1.45 | 1.93 | 2.59 | 5.25 | 5.65 | 5.57 | 7.28 | 11.37 | 11.70 | 11.36 | 13.74 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
5 Aug '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.06% · closed higher next day 24 of last 51
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 8 Aug '23◦ | 8 Nov '23◦ | 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◦ |
| Earnings day | +4.98% | +0.40% | +5.00% | −4.69% | +5.00% | +5.00% | +0.57% | +10.00% | +5.00% | +4.41% | +8.71% | −0.94% |
| +1 day | +10.23% | +0.87% | +10.25% | −3.92% | +10.25% | +10.25% | −0.85% | +17.26% | +10.25% | +3.60% | +11.20% | +5.71% |
| +5 days | +30.84% | +4.01% | +16.97% | −9.34% | +9.13% | +11.96% | −9.25% | +21.98% | +13.18% | +2.78% | +20.95% | +9.52% |
| +15 days | +21.65% | +8.55% | +24.21% | +9.28% | +8.21% | +10.82% | −21.75% | +21.95% | +10.54% | −5.99% | +22.06% | +9.92% |
| +30 days | +47.82% | +22.05% | +19.49% | +18.48% | +8.15% | +23.63% | −6.81% | +24.63% | +12.73% | −0.80% | +24.07% | +8.95% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 10 Per Share | 10.00 | 21 Aug '26 | 21 Aug '26 |
Shareholding
Sas of Jun 202651.00%Promoter
Promoters51.00%
FIIs22.89%2.50
DIIs18.46%2.93
Public7.65%0.43
Ownership trend
Peers
P7 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 | ₹7,375.50 | 102.60 | 1,56,293 | 0.53% | 1,784 | −25.23% | 3,184 | +5.78% | 29.93% |
| B H E L | ₹417.30 | 59.74 | 1,45,307 | 0.34% | 377 | +182.70% | 7,698 | +40.29% | 9.14% |
| Hitachi Energy | ₹31,070.00 | 134.69 | 1,38,445 | 0.03% | 330 | +79.71% | 2,754 | +46.21% | 29.02% |
| CG Power & Ind | ₹867.70 | 107.38 | 1,36,664 | 0.15% | 308 | +16.26% | 3,281 | +13.99% | 26.71% |
| Siemens | ₹3,689.80 | 46.89 | 1,31,535 | 0.49% | 370 | −9.59% | 4,618 | +14.60% | 21.44% |
| Siemens Ener.Ind | ₹3,240.20 | 85.59 | 1,15,399 | 0.12% | 375 | +52.21% | 2,394 | +27.38% | 67.75% |
| GE Vernova T&D | ₹4,157.40 | 83.21 | 1,06,450 | 0.24% | 352 | +86.32% | 1,637 | +42.04% | 76.43% |
| Median: 44 Co. | ₹548.45 | 33.54 | 5,675 | 0.06% | 46 | +16.19% | 546 | +23.41% | 23.41% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2010bse
Concall transcripts105
TranscriptJun 2026PPTJun 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025TranscriptAug 2025PPTAug 2025RECAug 2025PPTJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024PPTNov 2024PPTNov 2024
Credit ratings6
Announcements5
Board Meeting Intimation for Board Meeting Intimation To Consider Un-Audited Financial Results For The Quarter And Period Ended June 30,2026. 7h - Board meeting on August 5, 2026 to consider Q1 FY27 unaudited financial results.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 JulClosure of Trading Window 25 JunDisclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 JunAnnouncement under Regulation 30 (LODR)-Newspaper Publication 10 Jun - Newspaper Advertisement w.r.t opening of Special Window for Transfer and Dematerialisation of Physical Shares