GE Vernova T&D India Ltd (GVT&D)
₹4,750.00
Mkt cap
₹1.11L Cr
P/E ratio
82.50
P/B
45.24
Div yield
0.23%
ROE
57.40%
ROCE
77.40%
EPS (TTM)
₹57.58
Book value
₹105
52W range
2,558–5,534
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
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsBullish
52-week range
−14.16% from high₹4,750
₹2,558+85.71% from low₹5,534
Current
₹4,750.00
Prev close
₹4,367.20
Day
+8.77%
Price performance
1D
+8.77%
1W
+9.85%
1M
+9.70%
3M
−2.38%
6M
+24.20%
1Y
+72.55%
YTD
+53.54%
Financials
Revenue, profit & margin
P/E ratio
82.5×
GVT&D is 137% above the sector median of 34.8×
GVT&D82.5×
Sector median34.8×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 718 | 698 | 839 | 914 | 958 | 1,108 | 1,074 | 1,153 | 1,330 | 1,538 | 1,701 | 1,637 | 1,836 | |
| Expenses | 667 | 637 | 742 | 803 | 776 | 903 | 894 | 900 | 943 | 1,142 | 1,246 | 1,192 | 1,375 | |
| Operating Profit | 51 | 61 | 97 | 111 | 182 | 205 | 180 | 252 | 388 | 396 | 455 | 445 | 461 | |
| OPM % | 7% | 9% | 12% | 12% | 19% | 18% | 17% | 22% | 29% | 26% | 27% | 27% | 25% | |
| Other Income | 12 | 9 | -4 | 6 | 12 | 4 | 26 | 21 | 16 | 19 | -51 | 43 | 42 | |
| Interest | 11 | 7 | 7 | 3 | 2 | 3 | 4 | 6 | 3 | 2 | 3 | 7 | 3 | |
| Depreciation | 13 | 13 | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 12 | 12 | 12 | 12 | |
| Profit before tax | 39 | 50 | 73 | 101 | 180 | 194 | 190 | 256 | 390 | 401 | 390 | 469 | 487 | |
| Tax % | 27% | 26% | 32% | 34% | 25% | 25% | 25% | 27% | 25% | 25% | 25% | 25% | 25% | |
| Net Profit | 28 | 37 | 49 | 66 | 135 | 145 | 143 | 186 | 291 | 299 | 291 | 352 | 363 | |
| EPS in Rs | 1.10 | 1.45 | 1.93 | 2.59 | 5.25 | 5.65 | 5.57 | 7.28 | 11.37 | 11.70 | 11.36 | 13.74 | 14.18 | |
| 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
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 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◦ | 5 Aug '26◦ |
| Earnings day | +0.40% | +5.00% | −4.69% | +5.00% | +5.00% | +0.57% | +10.00% | +5.00% | +4.41% | +8.71% | −0.94% | −0.98% |
| +1 day | +0.87% | +10.25% | −3.92% | +10.25% | +10.25% | −0.85% | +17.26% | +10.25% | +3.60% | +11.20% | +5.71% | −2.52% |
| +5 days | +4.01% | +16.97% | −9.34% | +9.13% | +11.96% | −9.25% | +21.98% | +13.18% | +2.78% | +20.95% | +9.52% | −2.39% |
| +15 days | +8.55% | +24.21% | +9.28% | +8.21% | +10.82% | −21.75% | +21.95% | +10.54% | −5.99% | +22.06% | +9.92% | −0.05% |
| +30 days | +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
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 Jun 202651.00%Promoter
Promoters51.00%
FIIs22.89%2.50
DIIs18.46%2.93
Public7.65%0.43
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 |
|---|---|---|---|---|---|---|---|---|---|
| ABB | ₹7,434.00 | 102.21 | 1,57,533 | 0.53% | 362 | +8.03% | 3,559 | +21.03% | 29.93% |
| BHEL | ₹421.45 | 60.02 | 1,45,990 | 0.33% | 377 | +182.70% | 7,698 | +40.29% | 9.14% |
| POWERINDIA | ₹31,775.00 | 118.90 | 1,41,629 | 0.03% | 294 | +123.52% | 2,494 | +68.62% | 29.36% |
| CGPOWER | ₹895.00 | 110.43 | 1,40,537 | 0.15% | 308 | +16.26% | 3,281 | +13.99% | 26.71% |
| SIEMENS | ₹3,927.00 | 93.05 | 1,39,884 | 0.46% | 2,143 | −18.59% | 4,714 | +14.75% | 21.44% |
| GVT&D | ₹4,367.20 | 82.46 | 1,11,339 | 0.23% | 363 | +24.65% | 1,836 | +38.04% | 77.44% |
| ENRIN | ₹3,121.90 | 72.85 | 1,11,206 | 0.13% | 441 | +67.83% | 2,486 | +39.28% | 67.75% |
| Median: 45 Co. | ₹443.32 | 34.82 | 5,005 | 0.08% | 39 | +11.95% | 455 | +18.92% | 23.52% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts108
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptJun 2026PPTJun 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025TranscriptAug 2025PPTAug 2025RECAug 2025PPTJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 7 Sep - GE Vernova T&D India named L1 bidder for 6,000 MW HVDC terminal stationBarmer II to South Kalamb.Announcement under Regulation 30 (LODR)-Resignation of Director 26 Aug - Non-Executive Director Fabrice Aumont resigned effective August 26, 2026 due to relocation to the United States.Announcement under Regulation 30 (LODR)-Newspaper Publication 14 AugAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript 14 AugBusiness Responsibility and Sustainability Reporting (BRSR) 13 Aug - GE Vernova T&D India released its FY2025-26 BRSR with ESG, workforce, and governance disclosures.






