GE Vernova T&D India Ltd
GE T&D is the listed entity of GE’s Grid Solutions business in India. It has been in the power transmission and distribution business for more than 100 years and provides a versatile range of solutions for connecting and evacuating power from generation sources onto the grid. [1]
- Market Cap ₹ 78,443 Cr.
- Current Price ₹ 3,064
- High / Low ₹ 3,215 / 1,253
- Stock P/E 420
- Book Value ₹ 41.9
- Dividend Yield 0.16 %
- ROCE %
- ROE %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 73.0 times its book value
- Company has high debtors of 194 days.
- Promoter holding has decreased over last 3 years: -24.0%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of Nifty 500 BSE MidCap Nifty Energy Nifty Alpha 50 BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit | 
| OPM % | 
| Interest | 
| Depreciation | 
| Profit before tax | 
| Tax % | 
| EPS in Rs | 
| Raw PDF | 
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2010 | |
|---|---|
| 4,020 | |
| 3,547 | |
| Operating Profit | 473 | 
| OPM % | 12% | 
| 17 | |
| Interest | 115 | 
| Depreciation | 94 | 
| Profit before tax | 282 | 
| Tax % | 34% | 
| 187 | |
| EPS in Rs | 7.81 | 
| Dividend Payout % | 23% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | % | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | % | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% | 
| 5 Years: | 107% | 
| 3 Years: | 185% | 
| 1 Year: | 72% | 
| Return on Equity | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| Last Year: | % | 
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2010 | |
|---|---|
| Equity Capital | 48 | 
| Reserves | 955 | 
| 896 | |
| 2,570 | |
| Total Liabilities | 4,468 | 
| 872 | |
| CWIP | 22 | 
| Investments | 0 | 
| 3,574 | |
| Total Assets | 4,468 | 
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2010 | |
|---|---|
| 108 | |
| -113 | |
| -7 | |
| Net Cash Flow | -13 | 
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2010 | |
|---|---|
| Debtor Days | 194 | 
| Inventory Days | 64 | 
| Days Payable | 120 | 
| Cash Conversion Cycle | 138 | 
| Working Capital Days | 81 | 
| ROCE % | 
Documents
Announcements
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          Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
          
            1d - Of Earnings Conference call with Analysts/ Institutional Investors
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          Board Meeting Intimation for Notice Of Board Meeting To Consider Un-Audited Financial Results For The Quarter And Period Ended September 30, 2025
          
            24 Oct - Board meeting on Nov 3, 2025 to approve Q2 (Sep 30, 2025) results; trading window closed Oct 1–Nov 5.
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          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            13 Oct - GE Vernova T&D India: RTA confirmed dematerialisation processing and certificate cancellation for quarter ended September 30, 2025.
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          Announcement under Regulation 30 (LODR)-Credit Rating
          
            9 Oct - SES ESG assigned 62.5 ESG score for GE Vernova T&D India, FY2024-25; report prepared independently.
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          Closure of Trading Window
          
            26 Sep - Trading window closed Oct 1, 2025 until 48 hours after declaration of Sep 30, 2025 results.
Annual reports
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      Financial Year 2012
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      Financial Year 2010
      from bse
Concalls
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      Aug 2025TranscriptPPT
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      Feb 2016Transcript PPT
Parentage
The company is a part of the GE Vernova group, a global energy company that includes the Power, Wind, and Electrification segments. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with over 75,000 employees across more than 100 countries. [1]