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As of 6 Nov 2026, GE Vernova T&D India trades at 71.3× trailing earnings, above the industry P/E of 33.8×, and the shares are 29% below their 52-week high. Sales grew 31% a year over 3 years; its ROCE of 58% is the highest among the 7 largest Specialty Industrial Machinery peers. It carries very little debt, and its dividend yield is 0.3%. It is a large-cap company with a market cap of ₹1.0 lakh crore, ranked 5th of 138 Specialty Industrial Machinery companies by market cap; the shares rose 32% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹3,999.80
Day high
₹4,031.50
Day low
₹3,882.80
Prev. close
₹4,145.00
Volume
19.6 L

Health check

4 good · 2 to check
  • ReturnsAhead

    +31.7% over a year, better than 6 of 7 peers.

  • Price tagPricier

    P/E 71.3 vs industry 33.8.

  • GrowthStrong

    Sales +31.1% a year over 3 years.

  • ProfitabilityStrong

    ROCE 58.5% vs peer median 21.8%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 8 of 9.

  • Red flags1 to check

    P/E of 71.3 against an industry P/E of 33.8.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Large cap

₹1.0L Cr, #5 of 138 in its industry by size.

Defensive

Beta 0.58 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹7,201 Cr · profit ₹1,437 Cr
Market cap
₹1.0L Cr
Large cap
P/E
71.3
Industry 33.8
Price to book
31.24
Peers 9.16
Dividend yield
0.25%
ROE
53.4%
Peers 17.0%
ROCE
58.5%
Peers 21.8%
Debt to equity
0.01
Debt ₹28 Cr
EPS (TTM)
₹56.36
Face value ₹2
OPM (TTM)
26.5%
Net margin 20.0%
Sales growth
+31.8%
Latest quarter vs a year ago
Profit growth
+43.9%
Latest quarter vs a year ago
Price to sales
14.29
EV/EBITDA 50.6

Strengths and risks

Strengths

  • Return on equity of 53.4%.
  • Return on capital employed of 58.5%.
  • Practically debt-free.
  • Quarterly profit up 43.9% on a year ago.
  • Quarterly sales up 31.8% on a year ago.

Risks to check

  • P/E of 71.3 against an industry P/E of 33.8.

Derived automatically from reported figures. Not a recommendation.

About GE Vernova T&D India

GE Vernova T&D India Limited engages in power transmission and distribution business in India and internationally. It offers grid solutions for generation, transmission, distribution, and industries and infrastructures, such as HVDC/FACTS, AC substations solution and services for system integration; HV/MV equipment, including circuit breakers, disconnectors, instrument transformers, power transformers, capacitors, and reactors; and automation protection…

Headquarters
Noida
Employees
1,851
Sector
Industrials
ISIN
INE200A01026
Website
gevernova.com

Price range

52 weeks

₹2,523.20₹5,650.00

Today

₹3,882.80₹4,031.50
Avg volume (3M)
8.5 L
1-year return
plus 31.7%
From 52-week high
minus 28.9%

Analyst consensus

18 analysts
Strong buyMean target ₹5,407.28 plus 34.6%

Target range, with today’s price

Low ₹4,390.00High ₹6,587.00

Today’s price ₹4,018.00 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
BHELBharat Heavy Electricals418.80plus 0.17%1,45,82950.674.66.6%10.1%0.2213.5%plus 56.4%
ABBABB India6,774.00plus 2.20%1,43,54792.368.228.5%13.8%0.0215.4%plus 26.4%
SIEMENSSiemens3,560.00plus 3.73%1,26,77986.159.316.5%10.4%0.023.0%plus 10.0%
CUMMINSINDCummins India4,048.80minus 0.25%1,12,23349.841.735.0%19.1%0.0016.1%minus 6.0%
GVT&DGE Vernova T&D India4,018.00minus 3.06%1,02,87971.356.658.5%26.5%0.0131.1%plus 31.7%
SUZLONSuzlon Energy38.80plus 0.54%53,33723.717.324.8%16.7%0.0741.4%minus 35.7%
AIAENGAIA Engineering3,113.60minus 2.77%29,05623.519.619.9%27.4%0.00−3.4%minus 3.9%
JYOTICNCJyoti CNC Automation1,019.90minus 0.23%23,19575.245.621.8%24.4%0.4431.2%plus 8.7%
Median of 7 peers–0.17%1,12,23350.645.621.8%16.7%0.0215.4%8.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
1,3301,7011,6371,8362,027
9431,2461,1921,3751,477
388455445461550
29.1%26.7%27.2%25.1%27.1%
16.318.837.241.850.3
2.82.873.47.8
11.111.612.112.112.2
–−69.35.7––
390390469487580
25.3%25.4%25.0%25.5%25.6%
291291352363431
11.3711.6013.7414.1816.84

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+31.1%
ROE
53.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,7493,1624,2906,201
–+15.0%+35.7%+44.5%
2,6252,8053,4554,411
1243588351,790
4.5%11.3%19.5%28.9%
−0.6−7.842−16
4228.314.314.8
55.450.247.346.4
0.6−8.63.9−62.9
26.82638201,650
105.6%31.2%25.8%25.2%
−1.51816081,233
––+236.0%+102.7%
-0.067.0723.7648.16

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
51.251.251.251.2
1,0221,1921,7222,639
27341.834.624
2,3332,3002,8535,025
3,6793,5844,6617,739
422404452597
9.211.180.3193
53.81464831,529
3,1943,0243,6465,420
3,6793,5844,6617,739

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−37.35189041,710
3−172−496−511
8.6−259−69.1−147
−25.887.33391,052
−16.4−29.2−87.4−188
−53.84898161,521
––−51.2−128

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 29.8% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you