GE Vernova T&D India
- Market cap
- ₹ 94,353 Cr.
- P/E
- 359.4x
- P/B
- 35.6x
- 52-week range
- 2,523.2 – 5,650
- ROE
- 57%
- ROCE
- 77%
- Dividend yield
- 0.3%
- Debt / equity
- 0.01
- Sector
- Electrical Equipment
- Industry
- Heavy Electrical Equipment
- Listed on
- NSE, BSE
About
GE Vernova T&D India Limited, formerly GE T&D India Limited, is an India-based company, which is engaged in the power transmission and distribution business. The Company provides a versatile and robust range of solutions for connecting and evacuating power from generations sources onto the grid, providing utilities with the tools needed to support the increase in demand swiftly. It offers products ranging from medium voltage to ultra-high voltage (1200 kV) for power generation, transmission and distribution industry. It has a predominant presence in all stages of the power supply chain and offers a wide range of Made in India products and related services that include power transformers, circuit breakers, gas insulated switchgears, instrument transformers, substation automation equipment, digital software solutions, turnkey solutions for substation engineering and construction, Flexible AC Transmission Systems (FACTS), High Voltage DC (HVDC) and maintenance support.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Heavy Electrical Equipment: 51 companies →GE Vernova T&D India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)359.4 against a typical 30.6: pricier than most peers (1st = cheapest).50th of 50
- Sales growth+38% against a typical +23.8% from a year earlier.14th of 41
- Profit growth+24.7% against a typical +24.6% from a year earlier.20th of 40
- Share price, 3 months−1% against a typical −8.7%.16th of 45
- Size₹ 94,353.2 Cr. market value against a typical ₹ 5,357.9 Cr. (1st = largest).7th of 47
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA /[ICRA]A1+ | Stable | 29 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Jul 2026 | ▲ Upgrade1 notch | [ICRA]AA- /[ICRA]A1+ → [ICRA]AA /[ICRA]A1+ | — | ICRA | ₹ 10,000 Cr. | |
| 2 Sep 2025 | ▲ Upgrade | [ICRA]AA- /[ICRA]A1+ | — | ICRA | ₹ 7,000 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 5 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 18 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 28 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 3 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 Jul 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 23 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 698 | 839 | 914 | 958 | 1,108 | 1,074 | 1,153 | 1,330 | 1,538 | 1,701 | 1,637 | 1,836 |
| Expenses | 637 | 742 | 803 | 776 | 903 | 894 | 900 | 943 | 1,142 | 1,246 | 1,192 | 1,375 |
| Operating Profit | 61 | 97 | 111 | 182 | 205 | 180 | 252 | 388 | 396 | 455 | 445 | 461 |
| OPM % | 9% | 12% | 12% | 19% | 18% | 17% | 22% | 29% | 26% | 27% | 27% | 25% |
| Other Income | 9 | −4 | 6 | 12 | 4 | 26 | 21 | 16 | 19 | −51 | 43 | 42 |
| Interest | 7 | 7 | 3 | 2 | 3 | 4 | 6 | 3 | 2 | 3 | 7 | 3 |
| Depreciation | 13 | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 12 | 12 | 12 | 12 |
| Profit before tax | 50 | 73 | 101 | 180 | 194 | 190 | 256 | 390 | 401 | 390 | 469 | 487 |
| Tax % | 26% | 32% | 34% | 25% | 25% | 25% | 27% | 25% | 25% | 25% | 25% | 25% |
| Net Profit | 37 | 49 | 66 | 135 | 145 | 143 | 186 | 291 | 299 | 291 | 352 | 363 |
| EPS in Rs | 1.45 | 1.93 | 2.59 | 5.25 | 5.65 | 5.57 | 7.28 | 11.37 | 11.7 | 11.36 | 13.74 | 14.18 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 12%
- 3 Years
- 31%
- TTM
- 44%
- 10 Years
- 44%
- 5 Years
- 86%
- 3 Years
- 490%
- TTM
- 77%
- 10 Years
- 29%
- 5 Years
- 97%
- 3 Years
- 127%
- TTM
- —
- 10 Years
- 16%
- 5 Years
- 27%
- 3 Years
- 42%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| GE Vernova T&D India | ₹ 4,060.00 | ₹ 94,353 Cr. | 359.4x | 35.6x | 57% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 92.3x | 19.7x | 0% | 0% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 115.3x | 18x | 0% | 0% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 10.2x | 0% | 0% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 136.1x | 27.1x | 0% | 0% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 46.5x | 10.3x | 0% | 0% |
Management
- Sandeep Zanzaria
- Chief Executive Officer, Managing Director, Whole Time Director
- Sushil Kumar
- Chief Financial Officer, Whole-time Director
- Shweta Mehta
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.