GE Power India Ltd. (GVPIL) AI Stock Analysis

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GE Power India Ltd.

(NSE:GVPIL)

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Rating:61Neutral

Price Target:INR 598.00▲(5.50% Upside)

Action:downgraded

Date:08/19/26

The score is primarily supported by improved financial performance (strong recent profitability, growth, low leverage, and solid cash generation), but is held back by weak technical momentum (below key moving averages with negative MACD and low RSI). Valuation is reasonable, providing some support but not enough to offset the bearish technical backdrop and historical earnings/cash-flow volatility.

Positive Factors

Improved profitability and growthThe latest period shows a strong improvement in both revenue and profitability, indicating better operating performance across the business. If these gains persist, they can strengthen internal funding capacity, support execution of power-sector projects, and improve resilience over the next several quarters.

Negative Factors

History of earnings volatilityThe latest earnings improvement has not yet established a consistently stable profit record. Prior periods of negative operating profit and substantial losses show that results can weaken materially through the cycle, reducing confidence that current margins and earnings power will persist without further execution consistency.

GE Power India Ltd. (GVPIL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 38.08B
Dividend Yield: 1.24%
Average Volume (3M): 19.06K
Price to Earnings (P/E): 14.0
Beta (1Y): 1.28
Revenue Growth: 18.73%
EPS Growth: ―
Country: India
Employees: 1,070
Sector: General
Sector Strength: 55
Industry: Engineering & Construction

GE Power India Ltd. Business Overview & Revenue Model

Company Description

GE Power India Limited is a company that specializes in a full spectrum of services for power generation facilities and equipment. These activities span design, procurement, manufacturing, construction, upkeep, and servicing, both within India and on...

How the Company Makes Money

GE Power India Ltd. primarily makes money by delivering power-sector projects and by providing services over the life cycle of installed equipment. Key revenue streams include: (1) Project-based revenues from engineering, procurement and construction...

GE Power India Ltd. Financial Statement Overview

Summary

Latest results show a strong turnaround with solid growth (~31%), healthy profitability (~24% gross margin and ~20% net margin), conservative leverage (debt-to-equity ~0.03), and robust operating/free cash flow with reasonable earnings quality. The score is capped by meaningful multi-year volatility, including prior loss-making periods and swingy equity/cash-flow history, which reduces confidence in sustainability.

Income Statement

70Positive

Balance Sheet

78Positive

Cash Flow

74Positive

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	12.91B	12.69B	10.47B	10.46B	10.35B	26.15B
Gross Profit	4.08B	3.09B	931.90M	3.27B	2.03B	4.75B
EBITDA	3.63B	3.63B	11.60M	-844.50M	-489.80M	-1.47B
Net Income	2.72B	2.53B	2.03B	2.03B	-4.41B	-2.89B
Balance Sheet
Total Assets	0	21.38B	20.12B	25.81B	25.81B	34.58B
Cash, Cash Equivalents and Short-Term Investments	4.25B	4.30B	4.42B	1.39B	1.39B	1.65B
Total Debt	0	175.90M	288.30M	288.30M	1.63B	3.88B
Total Liabilities	-5.83B	15.56B	16.96B	16.96B	25.12B	27.82B
Stockholders Equity	5.83B	5.83B	3.17B	688.10M	2.33B	9.72B
Cash Flow
Free Cash Flow	-337.30M	4.86B	3.18B	1.67B	869.90M	-4.81B
Operating Cash Flow	-330.30M	4.88B	3.23B	1.73B	897.80M	-4.78B
Investing Cash Flow	-2.91B	-4.54B	467.30M	-73.50M	62.00M	633.40M
Financing Cash Flow	-61.80M	-472.30M	-621.40M	-2.40B	-480.40M	2.54B

GE Power India Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price566.85

Price Trends

50DMA646.41Negative

100DMA745.58Negative

200DMA619.59Negative

Market Momentum

MACD-24.35Positive

RSI34.97Neutral

STOCH17.53Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GVPIL, the sentiment is Negative. The current price of 566.85 is below the 20-day moving average (MA) of 633.17, below the 50-day MA of 646.41, and below the 200-day MA of 619.59, indicating a bearish trend. The MACD of -24.35 indicates Positive momentum. The RSI at 34.97 is Neutral, neither overbought nor oversold. The STOCH value of 17.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GVPIL.

GE Power India Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:GVPIL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:POWERMECH	74Outperform	INR 68.39B	17.48	―	0.07%	15.79%	22.69%
IN:LT	68Neutral	INR 5.31T	27.40	―	0.99%	11.15%	17.37%
IN:GVPIL	61Neutral	INR 38.11B	14.02	―	1.24%	18.73%	―
IN:TECHNOE	58Neutral	INR 96.55B	22.38	―	0.84%	38.72%	-6.77%
IN:ISGEC	57Neutral	INR 67.61B	34.51	―	0.65%	19.79%	-16.99%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:BGRENERGY	40Underperform	INR 20.35B	-1.63	―	―	-38.23%	-10.95%

* General Sector Average

Performance Comparison

IN:GVPIL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:GVPIL	GE Power India Ltd.	566.85	263.89	87.10%
IN:BGRENERGY	BGR Energy Systems Limited	282.00	-148.80	-34.54%
IN:ISGEC	ISGEC Heavy Engineering Ltd.	919.55	34.67	3.92%
IN:LT	Larsen & Toubro Limited	3858.00	-83.60	-2.12%
IN:POWERMECH	Power Mech Projects Ltd.	2163.15	-332.96	-13.34%
IN:TECHNOE	Techno Electric & Engineering Company Limited	830.15	-500.52	-37.61%

GE Power India Ltd. Corporate Events

NCLT Clears GE Power India–JSW Energy Scheme of Arrangement

Oct 1, 2026

GE Power India Ltd. has received approval from the National Company Law Tribunal, Mumbai Bench, for a Scheme of Arrangement involving GE Power India, JSW Energy and their respective shareholders. The tribunal’s sanction order, dated October 1,...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 19, 2026

GE Power India Ltd. AI Stock Analysis

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