Cummins India vs GE Vernova T&D India: share price, P/E, ROE and financials compared
Cummins India
GE Vernova T&D India
Cummins India and GE Vernova T&D India at a glance
Cummins India and GE Vernova T&D India are both listed in Capital Goods. Cummins India is the larger by market cap, at ₹1.1L Cr against ₹1.0L Cr for GE Vernova T&D India. On valuation, Cummins India has the lower P/E (49.8× against 71.3×) and the lower price-to-book (13.52× against 31.24×). On returns and margins, GE Vernova T&D India has the higher ROCE (58.5% against 35.0%), the higher ROE (53.4% against 29.5%) and the higher operating margin (26.5% against 20.6%). Over three years, GE Vernova T&D India has faster 3-year sales growth (+31.1% against +16.1% a year). Neither carries much debt for its equity: debt-to-equity is 0.00× for Cummins India and 0.01× for GE Vernova T&D India.
Key metrics, side by side
| Metric | Cummins IndiaCUMMINSIND | GE Vernova T&D IndiaGVT&D |
|---|---|---|
| Price (₹) | 4,048.80 | 4,018.00 |
| Market cap (₹ Cr) | 1,12,233 | 1,02,879 |
| P/E | 49.8× (the lower figure, shaded) | 71.3× |
| P/B | 13.52× (the lower figure, shaded) | 31.24× |
| Dividend yield, trailing | 1.63% (the higher figure, shaded) | 0.25% |
| ROE | 29.5% | 53.4% (the higher figure, shaded) |
| ROCE | 35.0% | 58.5% (the higher figure, shaded) |
| Operating margin (OPM) | 20.6% | 26.5% (the higher figure, shaded) |
| Net margin (NPM) | 18.7% | 20.0% (the higher figure, shaded) |
| Sales CAGR 3Y | +16.1% | +31.1% (the higher figure, shaded) |
| Profit CAGR 3Y | +24.3% | – |
| Debt to equity | 0.00× | 0.01× |
| Interest cover | 249.7× (the higher figure, shaded) | 112.8× |
| Net profit TTM (₹ Cr) | – | 1,437 |
| 1Y return | −6.0% | +31.7% (the higher figure, shaded) |
| Promoter holding | 51.00% | 51.00% |
Cummins India vs GE Vernova T&D India: common questions
Which is bigger, Cummins India or GE Vernova T&D India?
By market cap, Cummins India is bigger at ₹1.1L Cr, against ₹1.0L Cr for GE Vernova T&D India (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Cummins India or GE Vernova T&D India?
Cummins India trades at a P/E of 49.8× and GE Vernova T&D India at 71.3×. Cummins India has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Cummins India or GE Vernova T&D India?
Cummins India reports a return on equity of 29.5% and GE Vernova T&D India 53.4%. GE Vernova T&D India has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Cummins India or GE Vernova T&D India?
Over the last three years: Sales grew +16.1% a year at Cummins India and +31.1% at GE Vernova T&D India, so GE Vernova T&D India grew sales faster. Past growth doesn’t predict future growth.