G V Electricals (BSE: GVELECTRIC) had a P/E of 11.2× on 6 Nov 2026, above the industry P/E of 10.8×, and the shares are 37% below their 52-week high. Its ROCE of 39% is the highest among the 7 largest Utilities (Regulated Electric) peers, and sales and net profit grew 14% and 76% a year over 3 years. Debt is 0.49× equity. It is listed on an SME platform with a market cap of ₹117 Cr, ranked 8th of 11 Utilities (Regulated Electric) companies by market cap; the shares fell 37% over the past year.
- ₹103.01
- ₹104.00
- ₹103.01
- ₹105.92
- 2K
Health check
- ReturnsBehind
−37.3% over a year, better than 1 of 7 peers.
- Price tagIn line
P/E 11.2 vs industry 10.8.
- GrowthStrong
Sales +14.5%, profit +76.3% a year over 3 years.
- ProfitabilityStrong
ROCE 39.4% vs peer median 9.3%.
- Balance sheetFair
Debt 0.49× equity, interest covered 9.2×, Piotroski 5 of 9.
- Red flags1 to check
37% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹117 Cr
- Small cap
- P/E
- 11.2
- Industry 10.8
- Price to book
- 2.56
- Peers 1.41
- Dividend yield
- 0.00%
- ROE
- 36.8%
- Peers 12.2%
- ROCE
- 39.4%
- Peers 9.3%
- Debt to equity
- 0.49
- Debt ₹16 Cr
- EPS (TTM)
- ₹9.28
- OPM (TTM)
- 10.6%
- Net margin 6.7%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.75
- EV/EBITDA 5.4
Strengths and risks
Strengths
- Return on equity of 36.8%.
- Return on capital employed of 39.4%.
Risks to check
- 37% below its 52-week high.
About G V Electricals
G V Electricals Ltd provides power distribution infrastructure services in India. The company operates through three service verticals: network operation and maintenance services, undertaking maintenance and operational support of electrical distribution systems across multiple voltage levels, including 33 kV, 11 kV and low-tension networks, provide O&M support for 33/11 kV substations and deploy technical manpower for field operations such as line…
- Headquarters
- Delhi
- Employees
- 4,332
- Sector
- Utilities
- ISIN
- INE1ZGR01024
- Website
- gvelectricals.com
Price range
- Avg volume (3M)
- 86.7K
- 1-year return
- minus 37.3%
- From 52-week high
- minus 37.3%
Peers · Utilities - Regulated Electric
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NTPCNTPC | 323.45 | plus 2.13% | 3,13,639 | 10.6 | 9.6 | 8.9% | 30.8% | 1.26 | 1.9% | minus 4.2% |
| POWERGRIDPower Grid Corporation of India | 259.90 | minus 0.48% | 2,41,723 | 14.9 | 10.1 | 11.2% | 82.3% | 1.46 | 0.6% | minus 6.4% |
| NLCINDIANLC India | 237.61 | minus 1.60% | 32,948 | 8.3 | 10.1 | 9.3% | 31.4% | 1.04 | 2.7% | minus 7.9% |
| CESCCESC | 126.25 | minus 3.07% | 16,735 | 10.8 | 8.4 | 10.0% | 23.0% | 1.71 | 9.2% | minus 28.5% |
| GIPCLGujarat Industries Power Company | 164.37 | minus 5.85% | 2,551 | 5.1 | 10.7 | 4.4% | 41.2% | 0.94 | 3.2% | minus 2.2% |
| BAJELBajel Projects | 163.49 | minus 2.83% | 1,892 | 86.0 | 20.5 | 11.7% | 3.7% | 0.49 | 67.5% | minus 9.2% |
| DPSCLTDDPSC | 6.45 | minus 0.46% | 628 | 80.6 | 136.0 | 2.8% | 0.5% | 0.14 | 3.7% | minus 44.8% |
| GVELECTRICG V Electricals | 104.00 | minus 1.81% | 117 | 11.2 | 7.0 | 39.4% | 10.6% | 0.49 | 14.5% | minus 37.3% |
| Median of 7 peers | – | −1.60% | 16,735 | 10.8 | 10.1 | 9.3% | 30.8% | 1.04 | 3.2% | −7.9% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +14.5%
- Profit CAGR 3Y
- +76.3%
- ROE
- 36.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 104 | 112 | 131 | 156 | |
| – | +7.3% | +17.4% | +19.2% | |
| 99.9 | 105 | 122 | 138 | |
| 4.3 | 6.8 | 8.8 | 18.1 | |
| 4.1% | 6.0% | 6.7% | 11.6% | |
| 0.9 | 0.1 | −0.1 | −0.3 | |
| 0.7 | 0.9 | 0.9 | 1.8 | |
| 0.3 | 0.4 | 0.8 | 1.7 | |
| −0.9 | – | −0.3 | −0.1 | |
| 3.3 | 5.5 | 6.7 | 14.3 | |
| 42.5% | 48.7% | 30.9% | 26.8% | |
| 1.9 | 2.8 | 4.7 | 10.5 | |
| – | +46.8% | +66.3% | +124.5% | |
| 1.69 | 2.49 | 4.13 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | 0 | 0 | 8.3 | |
| 14.2 | 17 | 23.2 | 25.4 | |
| 4.5 | 4.9 | 7.8 | 16.5 | |
| 18.4 | 20.1 | 20.4 | 28.3 | |
| 37.1 | 42.1 | 51.4 | 78.4 | |
| 1.6 | 2.3 | 4.5 | 5.8 | |
| – | – | 0.5 | 0.9 | |
| 4.3 | 3.8 | 5.3 | 6 | |
| 31.2 | 36 | 41.2 | 65.6 | |
| 37.1 | 42.1 | 51.4 | 78.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.9 | 0.4 | 1.1 | −3.3 | |
| 0.3 | −1.2 | −2.1 | −5.4 | |
| −1.1 | −0.1 | 3.7 | 7.3 | |
| −0 | −0.9 | 2.7 | −1.4 | |
| −0.2 | −1.1 | −2.9 | −3.1 | |
| 0.7 | −0.7 | −1.8 | −6.4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.