GE Vernova T&D India Ltd
GE Vernova T&D India Ltd (GVT&D) last reported results for the quarter ended Jun 2026, with sales of ₹1,836 crore and net profit of ₹363 crore. The stock last traded at ₹4,194, a market capitalisation of ₹1,08,417 crore, on a P/E of 80.3. Over the past 52 weeks the stock has ranged between ₹2,523 and ₹5,650. Figures are as of 9 Oct 2026 and are not real time.
GE Vernova T&D India Ltd share price and key metrics
- Current price
- ₹4,194
- Market cap
- ₹1,08,417 cr
- Stock P/E
- 80.3
- Book value
- ₹105
- ROE
- 57.4%
- ROCE
- 77.4%
- Dividend yield
- 0.24%
- 52w high / low
- 5650/2523
Metrics as of 9 Oct 2026. Not real time.
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GE Vernova T&D India Ltd growth and returns
- 10 Years
- 7%
- 5 Years
- 12%
- 3 Years
- 31%
- TTM
- 44%
- 10 Years
- 44%
- 5 Years
- 86%
- 3 Years
- 490%
- TTM
- 77%
- 10 Years
- 28%
- 5 Years
- 100%
- 3 Years
- 120%
- 1 Year
- 38%
- 10 Years
- 16%
- 5 Years
- 27%
- 3 Years
- 42%
- Last Year
- 57%
GE Vernova T&D India Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹1,836 cr, up 38.0% from ₹1,330 cr a year earlier. Net profit was ₹363 cr, up 24.7% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,108 | 1,074 | 1,153 | 1,330 | 1,538 | 1,701 | 1,637 | 1,836 |
| Expenses | 903 | 894 | 900 | 943 | 1,142 | 1,246 | 1,192 | 1,375 |
| Operating profit | 205 | 180 | 252 | 388 | 396 | 455 | 445 | 461 |
| OPM % | 18% | 17% | 22% | 29% | 26% | 27% | 27% | 25% |
| Other income | 4 | 26 | 21 | 16 | 19 | -51 | 43 | 42 |
| Interest | 3 | 4 | 6 | 3 | 2 | 3 | 7 | 3 |
| Depreciation | 12 | 12 | 11 | 11 | 12 | 12 | 12 | 12 |
| Profit before tax | 194 | 190 | 256 | 390 | 401 | 390 | 469 | 487 |
| Tax % | 25% | 25% | 27% | 25% | 25% | 25% | 25% | 25% |
| Net profit | 145 | 143 | 186 | 291 | 299 | 291 | 352 | 363 |
| EPS (₹) | 5.65 | 5.57 | 7.28 | 11.37 | 11.70 | 11.36 | 13.74 | 14.18 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
GE Vernova T&D India Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,052 | 4,332 | 4,219 | 3,159 | 3,452 | 3,066 | 2,773 | 3,168 | 4,292 | 6,206 | 6,712 |
| Operating profit | 57 | 275 | 454 | -195 | 171 | -89 | 121 | 332 | 831 | 1,706 | 1,757 |
| OPM % | 1.4% | 6% | 11% | -6% | 4.9% | -2.9% | 4.4% | 10% | 19% | 28% | 26% |
| Net profit | -87 | 209 | 213 | -303 | 60 | -50 | -1 | 181 | 608 | 1,233 | 1,305 |
| EPS (₹) | -3.38 | 8.15 | 8.31 | -11.82 | 2.36 | -1.94 | -0.06 | 7.07 | 23.76 | 48.17 | 50.98 |
TTM is the trailing twelve months to the most recent quarter.
GE Vernova T&D India Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
| Reserves | 982 | 1,138 | 1,377 | 1,000 | 1,071 | 1,029 | 1,022 | 1,192 | 1,722 | 2,639 |
| Borrowings | 518 | 100 | 81 | 599 | 316 | 226 | 273 | 42 | 35 | 24 |
| Other liabilities | 3,563 | 3,479 | 2,688 | 2,503 | 2,664 | 2,461 | 2,333 | 2,300 | 2,853 | 5,025 |
| Total liabilities | 5,114 | 4,769 | 4,196 | 4,154 | 4,102 | 3,767 | 3,679 | 3,584 | 4,661 | 7,739 |
| Fixed assets | 656 | 586 | 513 | 538 | 494 | 457 | 421 | 401 | 379 | 412 |
| CWIP | 25 | 18 | 5 | 12 | 22 | 9 | 9 | 11 | 47 | 65 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 4,433 | 4,165 | 3,679 | 3,604 | 3,587 | 3,302 | 3,250 | 3,173 | 4,234 | 7,262 |
| Total assets | 5,114 | 4,769 | 4,196 | 4,154 | 4,102 | 3,767 | 3,679 | 3,584 | 4,661 | 7,739 |
As reported by the company. Total assets equal total liabilities by construction.
GE Vernova T&D India Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 188 | 1,054 | -355 | -260 | 311 | 8 | -37 | 518 | 904 | 1,710 |
| Cash from investing | -47 | -306 | 287 | -30 | 12 | 116 | 3 | -172 | -495 | -509 |
| Cash from financing | -131 | -585 | -114 | 290 | -324 | -102 | 9 | -259 | -69 | -147 |
| Net cash flow | 11 | 163 | -182 | -0 | -1 | 22 | -26 | 87 | 339 | 1,054 |
| Free cash flow | 142 | 1,043 | -362 | -292 | 324 | -17 | -54 | 489 | 816 | 1,521 |
| CFO / operating profit | 373% | 433% | -51% | 99% | 194% | -35% | -7% | 162% | 133% | 129% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
GE Vernova T&D India Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 7% | 30% | 31% | -14% | 11% | -9% | 8% | 23% | 55% | 77% |
| Debtor days | 205 | 152 | 175 | 219 | 201 | 186 | 204 | 166 | 125 | 128 |
| Inventory days | 542 | 234 | 136 | 177 | 143 | 159 | 119 | 103 | 100 | 132 |
| Days payable | 805 | 389 | 247 | 272 | 275 | 283 | 197 | 156 | 146 | 170 |
| Cash conversion cycle | -58 | -4 | 63 | 125 | 69 | 62 | 127 | 114 | 79 | 90 |
| Working capital days | -2 | -18 | 48 | 20 | 23 | 13 | 20 | 29 | 35 | 6 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
GE Vernova T&D India Ltd shareholding pattern
Promoters held 51.00% at Jun 2026, broadly unchanged since Jun 2025. FIIs 22.89% and DIIs 18.46%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 59.38% | 51.00% | 51.00% | 51.00% | 51.00% | 51.00% | 51.00% | 51.00% |
| FIIs | 6.82% | 12.04% | 13.04% | 14.49% | 16.15% | 18.46% | 20.39% | 22.89% |
| DIIs | 25.61% | 28.40% | 28.18% | 26.75% | 25.20% | 23.27% | 21.39% | 18.46% |
| Public | 8.19% | 8.55% | 7.77% | 7.74% | 7.66% | 7.26% | 7.22% | 7.65% |
| No. of shareholders | 74,413 | 87,000 | 82,054 | 90,663 | 1,02,934 | 1,03,226 | 1,10,662 | 1,38,122 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Cruxal coverage of GE Vernova T&D India Ltd
GE Vernova T&D India Q1 FY27: revenue Rs 18.4B, PBT Rs 4.9B
GE Vernova T&D India’s Q1 FY27 statement of financial results shows revenue at Rs 18.4 BINR and profit before tax at Rs 4.9 BINR, both higher than Q1 FY26.
GE Vernova T&D India Ltd2 minGE Vernova T&D India up 7.4% on L1 status for multi-year 6,000 MW HVDC order from Power Grid
GE Vernova T&D India shares jumped after the company said it is L1 for a multi‑year 6,000 MW, ± 800 kV HVDC terminal project from Power Grid, boosting perceived order‑book visibility.
GE Vernova T&D India Ltd5 minGE Vernova T&D India Ltd corporate filings
- Certificate under reg. 74 (5) of SEBI (DP) Regulations, 2018Company Updatelow impact
- Company publishes newspaper advertisement under Regulation 30 (LODR) on October 5, 2026Company Updatelow impact
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