Nifty

:

25482.50

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82276.07

57.85 (0.23%)
50.15 (0.06%)

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Nifty
Sensex

:
:

25482.50
82276.07

57.85 (0.23%)
50.15 (0.06%)

GE Vernova T&D India Ltd.

Electric Equipment

Rating :

82/99

BSE: 522275 | NSE: GVT%26D

Watchlist

NSE BSE

3815.50

25-Feb-2026

Open
High
Low
Previous Close

3753.5
3868
3711.5
3735.90

Volume
Traded Value (lacs)
52 Week High
52 Week Low

525115
1993721134.5
3868
1254

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

97,685.59
91.47
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

96,796.91
0.13%
41.09

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

2.65
4.45
15.67

EBITDA CAGR (%)

10 Years
5 Years
3 Years

23.93
37.12
48.40

PAT CAGR (%)

10 Years
5 Years
3 Years

33.24
58.76
-

P:E (Median)

8 Years
5 Years
3 Years

32.55
74.78
106.09

P:BV (Average)

8 Years
5 Years
3 Years

13.17
15.45
23.85

EV:EBITDA (Average)

8 Years
5 Years
3 Years

18.16
24.88
56.92

Earnings Forecasts:

(Updated: 21-02-2026)

Description 2024 2025 2026 2027
Adj EPS 23.76 47.29 56.37 69.36
P/E Ratio 160.59 80.68 67.69 55.01
Revenue 4290 6223.72 8030.39 10199.9
EBITDA 818.7 1596.77 1914.28 2380.41
Net Income 608.33 1214.8 1443.74 1776.44
ROA 14.76 23.02 20.81 21.01
P/B Ratio 55.10 35.21 24.74 18.01
ROE 40.34 52.67 42.04 37.37
FCFF 840.82 721.22 726.1 1102.64
FCFF Yield 0.9 0.78 0.78 1.19
Net Debt -438.26 -924.72 -1442.56 -2285.62
BVPS 69.25 108.37 154.22 211.82

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 1,700.64 1,073.65 58.40% 1,538.46 1,107.77 38.88% 1,330.13 958.34 38.80% 1,152.54 913.60 26.15%
Expenses 1,246.01 893.97 39.38% 1,142.00 903.10 26.45% 942.53 776.13 21.44% 900.40 802.64 12.18%
EBITDA 454.63 179.68 153.02% 396.46 204.67 93.71% 387.60 182.21 112.72% 252.14 110.96 127.24%
EBIDTM 26.73% 16.74% 25.77% 18.48% 29.14% 19.01% 21.88% 12.15%
Other Income 18.75 25.80 -27.33% 18.63 3.88 380.15% 16.30 11.80 38.14% 21.11 5.71 269.70%
Interest 2.81 3.88 -27.58% 2.21 2.75 -19.64% 2.75 2.03 35.47% 5.65 3.17 78.23%
Depreciation 11.56 11.71 -1.28% 11.61 12.05 -3.65% 11.14 12.07 -7.71% 11.48 12.32 -6.82%
PBT 389.71 189.89 105.23% 401.27 193.75 107.11% 390.01 179.91 116.78% 256.12 101.18 153.13%
Tax 98.91 47.21 109.51% 101.79 49.13 107.19% 98.81 45.37 117.79% 69.63 34.89 99.57%
PAT 290.80 142.68 103.81% 299.48 144.62 107.08% 291.20 134.54 116.44% 186.49 66.29 181.32%
PATM 17.10% 13.29% 19.47% 13.06% 21.89% 14.04% 16.18% 7.26%
EPS 11.36 5.57 103.95% 11.70 5.65 107.08% 11.37 5.26 116.16% 7.28 2.59 181.08%

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 5,721.77 4,292.30 3,167.91 2,773.22 3,065.95 3,452.37 3,158.70 4,218.82 4,331.71 4,052.13 3,303.36 Net Sales Growth 41.16% 35.49% 14.23% -9.55% -11.19% 9.30% -25.13% -2.61% 6.90% 22.67% Cost Of Goods Sold 3,193.88 2,556.68 2,077.86 1,969.81 2,374.23 2,538.48 2,280.72 2,798.35 3,008.71 2,833.73 2,296.15 Gross Profit 2,527.89 1,735.62 1,090.05 803.41 691.72 913.89 877.98 1,420.47 1,323.00 1,218.40 1,007.21 GP Margin 44.18% 40.44% 34.41% 28.97% 22.56% 26.47% 27.80% 33.67% 30.54% 30.07% 30.49% Total Expenditure 4,230.94 3,466.68 2,836.34 2,658.51 3,222.01 3,282.05 3,354.94 3,774.32 4,057.28 3,995.54 3,206.72 Power & Fuel Cost - 28.14 25.22 28.17 26.40 24.04 30.61 42.30 33.53 36.79 33.19 % Of Sales - 0.66% 0.80% 1.02% 0.86% 0.70% 0.97% 1.00% 0.77% 0.91% 1.00% Employee Cost - 399.86 373.81 353.79 409.75 401.92 420.45 382.91 387.77 403.32 365.42 % Of Sales - 9.32% 11.80% 12.76% 13.36% 11.64% 13.31% 9.08% 8.95% 9.95% 11.06% Manufacturing Exp. - 71.95 55.64 54.46 74.86 88.57 101.91 115.78 117.21 98.34 109.41 % Of Sales - 1.68% 1.76% 1.96% 2.44% 2.57% 3.23% 2.74% 2.71% 2.43% 3.31% General & Admin Exp. - 177.96 145.30 102.53 147.15 120.09 178.03 212.64 210.40 266.54 173.88 % Of Sales - 4.15% 4.59% 3.70% 4.80% 3.48% 5.64% 5.04% 4.86% 6.58% 5.26% Selling & Distn. Exp. - 93.16 81.69 75.30 85.98 74.01 81.79 124.12 116.96 118.88 121.42 % Of Sales - 2.17% 2.58% 2.72% 2.80% 2.14% 2.59% 2.94% 2.70% 2.93% 3.68% Miscellaneous Exp. - 138.93 76.82 74.45 103.64 34.94 261.43 98.22 182.70 237.94 121.42 % Of Sales - 3.24% 2.42% 2.68% 3.38% 1.01% 8.28% 2.33% 4.22% 5.87% 3.25% EBITDA 1,490.83 825.62 331.57 114.71 -156.06 170.32 -196.24 444.50 274.43 56.59 96.64 EBITDA Margin 26.06% 19.23% 10.47% 4.14% -5.09% 4.93% -6.21% 10.54% 6.34% 1.40% 2.93% Other Income 74.79 67.97 22.55 40.27 92.82 65.76 59.51 58.30 240.09 140.70 152.46 Interest 13.42 26.61 40.90 61.47 58.55 84.46 86.98 85.01 105.85 182.36 107.49 Depreciation 45.79 47.31 50.15 55.38 57.86 65.74 78.39 83.22 89.86 88.20 85.73 PBT 1,437.11 819.67 263.07 38.13 -179.65 85.88 -302.10 334.57 318.81 -73.27 55.88 Tax 369.14 211.34 82.02 28.24 -19.86 29.02 -53.10 121.90 110.05 13.39 21.38 Tax Rate 25.69% 25.78% 31.18% 105.57% 28.58% 32.48% 14.93% 36.43% 34.52% -18.27% 38.26% PAT 1,067.97 608.33 181.05 -1.49 -49.62 60.32 -302.56 212.67 208.76 -86.66 34.50 PAT before Minority Interest 1,067.97 608.33 181.05 -1.49 -49.62 60.32 -302.56 212.67 208.76 -86.66 34.50 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 18.67% 14.17% 5.72% -0.05% -1.62% 1.75% -9.58% 5.04% 4.82% -2.14% 1.04% PAT Growth 118.79% 236.00% - - - - - 1.87% - - EPS 41.72 23.76 7.07 -0.06 -1.94 2.36 -11.82 8.31 8.15 -3.39 1.35

Results Balance Sheet

Standalone Figures in Rs. Crores

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 1,773.11 1,242.94 1,072.71 1,080.29 1,122.68 1,051.49 1,427.99 1,189.61 1,032.79 1,178.36 Share Capital 51.21 51.21 51.21 51.21 51.21 51.21 51.21 51.21 51.21 51.21 Total Reserves 1,721.90 1,191.73 1,021.50 1,029.08 1,071.47 1,000.28 1,376.78 1,138.40 981.58 1,127.15 Non-Current Liabilities 781.90 666.27 677.93 638.23 721.03 778.39 705.58 603.44 360.35 5.90 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 887.84 738.16 770.74 734.06 763.88 830.34 790.97 712.35 540.73 126.25 Current Liabilities 3,258.51 2,653.51 2,845.21 2,919.07 3,140.89 3,243.91 3,011.61 3,774.17 4,407.50 3,467.23 Trade Payables 1,025.89 885.59 1,060.67 1,111.02 1,116.19 995.73 1,154.88 1,709.15 1,662.59 1,565.84 Other Current Liabilities 1,271.52 872.30 692.97 630.41 817.62 848.92 1,000.85 1,251.08 1,310.95 1,143.30 Short Term Borrowings 0.00 0.43 219.79 163.44 221.28 489.71 80.53 100.00 518.00 503.54 Short Term Provisions 961.10 895.19 871.78 1,014.20 985.80 909.55 775.35 713.94 915.96 254.55 Total Liabilities 5,813.52 4,562.72 4,595.85 4,637.59 4,984.60 5,073.79 5,145.18 5,567.22 5,800.64 4,651.49 Net Block 371.83 393.04 413.08 449.06 493.60 537.72 512.62 585.58 655.66 684.09 Gross Block 804.27 783.45 759.99 906.38 963.75 947.91 844.18 839.66 829.59 769.82 Accumulated Depreciation 432.44 390.41 346.91 457.32 470.15 410.19 331.56 254.08 173.93 85.73 Non Current Assets 1,672.27 1,525.92 1,548.65 1,525.36 1,561.40 1,597.54 1,514.27 1,471.97 1,344.22 926.88 Capital Work in Progress 47.27 11.06 9.21 8.96 21.66 12.13 5.06 18.20 24.82 32.94 Non Current Investment 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 Long Term Loans & Adv. 1,245.68 1,114.26 1,118.73 1,059.65 1,046.13 1,047.68 996.58 868.18 663.73 209.84 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 4,141.25 3,036.80 3,047.20 3,105.36 3,423.20 3,476.25 3,630.91 4,095.25 4,456.42 3,724.61 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 703.52 589.16 643.86 622.58 579.60 649.49 634.27 1,026.21 1,119.79 972.01 Sundry Debtors 1,468.92 1,437.51 1,550.96 1,562.72 1,905.04 1,898.82 2,020.25 1,799.25 2,271.32 2,067.44 Cash & Bank 472.82 134.10 46.80 82.40 60.20 59.50 60.28 532.05 71.71 61.08 Other Current Assets 1,495.99 23.82 46.25 55.39 878.36 868.44 916.11 737.74 993.60 624.08 Short Term Loans & Adv. 1,463.19 852.21 759.33 782.27 848.32 601.42 578.63 701.23 964.82 587.72 Net Current Assets 882.74 383.29 201.99 186.29 282.31 232.34 619.30 321.08 48.92 257.38 Total Assets 5,813.52 4,562.72 4,595.85 4,630.72 4,984.60 5,073.79 5,145.18 5,567.22 5,800.64 4,651.49

Cash Flow

Standalone Figures in Rs. Crores

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 903.58 518.36 -37.34 8.21 310.62 -259.64 -354.91 1,054.04 188.40 -90.91 PBT 819.67 263.07 26.75 -69.48 89.34 -355.66 334.57 318.81 -73.27 55.88 Adjustment 93.20 183.59 90.16 66.07 149.29 236.84 203.79 159.24 329.03 266.28 Changes in Working Capital 196.17 92.59 -125.79 34.57 91.81 -73.99 -770.61 713.72 -44.86 -363.22 Cash after chg. in Working capital 1,109.04 539.25 -8.88 31.16 330.44 -192.81 -232.25 1,191.77 210.90 -41.06 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -205.46 -20.89 -28.46 -22.95 -19.82 -66.83 -122.66 -137.73 -22.50 -49.85 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -495.75 -172.37 2.97 115.80 12.31 -30.56 286.85 -304.53 -46.05 -49.61 Net Fixed Assets -57.03 -25.31 146.14 70.07 -25.37 -110.80 8.62 -3.45 -51.65 512.37 Net Investments 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others -438.72 -147.06 -143.18 45.73 37.68 80.24 278.23 -301.08 5.60 -561.98 Cash from Financing Activity -69.05 -258.66 8.56 -102.49 -323.89 289.90 -114.45 -584.76 -130.63 120.10 Net Cash Inflow / Outflow 338.78 87.33 -25.81 21.52 -0.96 -0.30 -182.51 164.75 11.72 -20.42 Opening Cash & Equivalents 131.94 44.67 70.80 48.95 49.86 49.95 232.24 68.82 58.20 78.62 Closing Cash & Equivalent 471.19 131.94 44.67 70.80 48.95 49.86 49.95 232.24 68.82 58.20

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 69.25 48.54 41.89 42.19 43.85 41.07 55.77 46.46 40.34 46.02 ROA 11.73% 3.95% -0.03% -1.03% 1.20% -6.61% 3.97% 3.67% -1.66% 0.71% ROE 40.34% 15.64% -0.14% -4.50% 5.55% -24.41% 16.25% 18.79% -7.84% 2.77% ROCE 56.11% 23.97% 6.96% -0.84% 12.05% -17.62% 29.99% 29.90% 6.75% 9.98% Fixed Asset Turnover 5.41 4.11 3.33 3.28 3.61 3.53 5.01 5.25 5.33 3.45 Receivable days 123.58 172.16 204.91 206.42 201.08 226.43 165.23 169.38 185.89 221.60 Inventory Days 54.96 71.03 83.34 71.56 64.97 74.17 71.83 89.30 89.62 87.54 Payable days 136.44 170.94 201.20 171.20 151.83 128.37 133.34 162.49 163.95 196.15 Cash Conversion Cycle 42.09 72.25 87.04 106.78 114.22 172.23 103.72 96.19 111.57 112.99 Total Debt/Equity 0.00 0.00 0.20 0.15 0.20 0.47 0.06 0.08 0.50 0.43 Interest Cover 31.80 7.43 1.44 -0.19 2.06 -3.09 4.94 4.01 0.60 1.52

Description Dec 10
Book Value (Rs.) 41.90 ROA 3.82% ROE 18.64% ROCE 20.90% Fixed Asset Turnover 3.57 Receivable days 183.05 Inventory Days 41.13 Payable days 88.96 Cash Conversion Cycle 135.22 Total Debt/Equity 0.89 Interest Cover 3.45

Top Investors:

nippon life india trustee ltd-a/c nippon india multi cap fund

kotak emerging equity scheme

axis mutual fund trustee limited a/c axis mutual fund a/c axis midcap fund

hsbc midcap fund

canara robeco mutual fund a/c canara robeco small cap fund

bnp paribas financial markets - odi

investor education and protection fund (iepf)

Annual Reports:

News Update:

GE Vernova T&D India - Quarterly Results
29th Jan 2026, 00:00 AM

Read More
GE Vernova bags HVDC contract from AESL Projects
22nd Dec 2025, 09:08 AM

The contract is for design and establishment of 2500 MW HVDC VSC Terminal Station
Read More
GE Vernova bags LoA from Power Grid Corporation of India
18th Dec 2025, 09:08 AM

The scope of project includes upgrade of HVDC Thyristor Valves and HVDC Controls & Protection
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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