Want to see IN:GVT&D full AI Analyst Report?
Top Page
GE Vernova T&D India Limited
(GVT&D)
Select Model
Select Model
Rating:73Outperform
Price Target:
₹4,226.00
▼(-2.66% Downside)
Action:Reiterated
Date:09/09/26
The score is driven primarily by strong financial performance: rapid revenue growth, sharply improved profitability, very low leverage, and strong recent cash generation. Offsetting this, valuation is a meaningful headwind due to the very high P/E and low dividend yield, while the technical picture cannot be assessed due to missing indicators.
Positive Factors
Rapid revenue and earnings growth
Rapid revenue expansion and the shift to substantially stronger earnings indicate improved demand capture and operating leverage. If maintained, this growth can strengthen the company’s competitive position, increase reinvestment capacity, and support higher earnings power over the next several quarters.
Negative Factors
Historically volatile profitability
The sharp improvement in profitability is encouraging, but the recent earnings record has not been stable across the full period. Earlier losses and near-break-even performance show that results can vary materially through the cycle, making future profit consistency an important durability risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Rapid revenue and earnings growth
Rapid revenue expansion and the shift to substantially stronger earnings indicate improved demand capture and operating leverage. If maintained, this growth can strengthen the company’s competitive position, increase reinvestment capacity, and support higher earnings power over the next several quarters.
Read all positive factors
GE Vernova T&D India Limited (GVT&D) vs. iShares MSCI India ETF (INDA)
Market Cap
₹970.42B
Dividend Yield0.27%
Average Volume (3M)36.34K
Price to Earnings (P/E)67.9
Beta (1Y)0.93
Revenue Growth43.91%
EPS Growth70.60%
CountryIN
Employees2,258
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)48.17
Shares Outstanding256,046,540
10 Day Avg. Volume33,822
30 Day Avg. Volume36,343
Financial Highlights & Ratios
PEG Ratio2.01
Price to Book (P/B)36.06
Price to Sales (P/S)13.97
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹5,200.00Price Target Upside19.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)62.04
Revenue Forecast (FY)₹80.49B
GE Vernova T&D India Limited Business Overview & Revenue Model
Company Description
GE Vernova T&D India Limited, established in 1957 in Noida, India, and operating as a subsidiary of Grid Equipments Private Limited, specializes in building power transmission and distribution infrastructure domestically and internationally. The c...
How the Company Makes Money
GVT&D primarily makes money by selling power T&D equipment and delivering related project and service work to utilities and industrial customers. Key revenue streams typically include: (1) Product sales: revenue from manufacturing and supplying hi...
GE Vernova T&D India Limited Financial Statement Overview
Summary
Income Statement
90
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
88
Very Positive
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 62.06B | 42.90B | 31.62B | 27.49B | 30.66B |
| Gross Profit | 23.16B | 17.25B | 10.76B | 7.70B | 6.92B |
| EBITDA | 16.84B | 8.81B | 3.42B | 1.24B | 270.30M |
| Net Income | 12.33B | 6.08B | 1.81B | -14.90M | -496.20M |
Balance Sheet | |||||
| Total Assets | 77.39B | 46.61B | 35.84B | 36.79B | 37.67B |
| Cash, Cash Equivalents and Short-Term Investments | 15.28B | 4.95B | 1.46B | 538.30M | 949.00M |
| Total Debt | 240.00M | 345.60M | 418.20M | 2.73B | 2.26B |
| Total Liabilities | 50.49B | 28.88B | 23.41B | 26.07B | 26.87B |
| Stockholders Equity | 26.90B | 17.73B | 12.43B | 10.73B | 10.80B |
Cash Flow | |||||
| Free Cash Flow | 15.90B | 8.16B | 4.89B | -537.70M | -166.50M |
| Operating Cash Flow | 17.78B | 9.04B | 5.18B | -373.40M | 82.10M |
| Investing Cash Flow | -5.82B | -4.96B | -1.72B | 29.70M | 1.16B |
| Financing Cash Flow | -1.44B | -690.60M | -2.59B | 85.60M | -1.02B |
GE Vernova T&D India Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹1.20T | 104.03 | ― | 0.03% | 40.17% | 123.39% | |
75 Outperform | ₹1.35T | 45.09 | ― | 0.61% | 7.92% | 66.43% | |
73 Outperform | ₹970.42B | 67.87 | ― | 0.10% | 43.91% | 70.60% | |
68 Neutral | ₹619.95B | 50.32 | ― | 0.41% | 23.96% | 34.01% | |
67 Neutral | ₹974.61B | 65.92 | ― | 0.15% | ― | ― | |
60 Neutral | ₹1.37T | 47.71 | ― | 0.48% | 29.08% | 415.38% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:GVT&D
GE Vernova T&D India Limited
3,790.00
953.86
33.63%
IN:ABB
ABB India Limited
6,350.00
1,196.89
23.23%
IN:APARINDS
APAR Industries Limited
14,805.60
5,849.58
65.31%
IN:BHEL
Bharat Heavy Electricals Limited
394.00
159.46
67.99%
IN:POWERINDIA
Hitachi Energy India Limited
26,880.00
10,230.32
61.44%
IN:ENRIN
Siemens Energy India Limited
2,736.75
-413.38
-13.12%
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.