GE Vernova T&D India Ltd.

NSE: GVT&D · Capital Goods

₹4,018.00-3.06%06 Nov 2026

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Instant answers about GE Vernova T&D India Ltd. — computed from its filings, no language model

Market cap₹1,02,881 cr

Current price₹4,018.00

High / Low₹5,534 / ₹2,558

P/E71.6

P/B31.23

Book value₹128.7

ROE43.6%

ROCE58.9%

Debt / equity0.00

Dividend yield0.12%

EPS (TTM)₹56.12

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 18 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,992	3,465	4,255	3,751	3,167	3,564	3,721	3,450	4,209	4,386	4,219	3,159	3,452	3,066	2,773	3,168	4,292	6,206
EBITDA	452	352	477	361	263	340	322	269	39	257	426	-215	145	-109	102	319	819	1,684
Operating margin	15.1%	10.2%	11.2%	9.6%	8.3%	9.5%	8.7%	7.8%	0.9%	5.9%	10.1%	-6.8%	4.2%	-3.6%	3.7%	10.1%	19.1%	27.1%
Interest	39	59	63	74	76	79	71	62	165	88	66	68	59	39	42	28	14	15
Depreciation	40	77	95	87	81	87	82	86	88	90	83	78	66	58	55	50	47	46
Profit before tax	345	218	320	218	123	177	170	122	-73	319	335	-356	89	-69	27	263	820	1,650
Tax	121	74	108	69	39	60	50	44	13	110	122	-53	29	20	28	82	211	416
Net profit	224	144	212	150	84	117	121	78	-86	0	213	-303	60	-89	-1	181	608	1,233
EPS ₹	—	—	—	—	—	—	—	—	—	8.20	8.31	-11.82	2.36	-1.94	-0.06	7.07	23.76	48.16
Operating cash flow	—	—	—	—	—	—	—	—	—	—	—	—	—	8	-37	518	904	1,710
Capex	—	—	—	—	—	—	—	—	—	—	—	—	—	25	16	29	87	188
Dividend paid	—	—	—	—	—	—	—	—	—	—	—	—	—	0	0	0	51	128
Total assets	—	—	—	—	—	4,700	4,492	4,772	5,114	4,769	4,196	4,154	4,069	3,767	3,679	3,584	4,661	7,739
Equity	—	—	—	—	—	1,249	1,312	1,178	1,033	1,190	1,428	1,051	1,123	1,080	1,073	1,243	1,773	2,690

Quarterly performance

last 77 quarters · ₹ crore

showing latest 8 of 77 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	433	733	503	622	586	939	845	788	740	1,160	777	885	1,048	1,327	995	999	1,055	683	1,014	676	683	713	1,096	586	817	848	1,313	673	914	766	1,368	812	905	755	978	856	879	1,217	1,257	1,263	870	1,439	814	1,162	993	1,168	895	734	821	940	664	643	871	1,034	904	638	852	914	662	593	701	777	703	718	698	839	914	958	1,108	1,074	1,153	1,330	1,538	1,701	1,637	1,836	2,027
Operating profit	79	140	79	110	95	138	109	107	64	139	42	81	133	178	84	78	109	57	118	68	30	53	112	60	76	72	132	77	94	40	111	63	105	10	91	-180	35	74	110	105	80	50	12	144	92	113	77	42	4	-26	-236	0	43	57	45	1	20	29	-159	22	5	46	28	51	61	97	111	182	205	180	252	388	396	455	445	461	550
Operating margin	18.2%	19.1%	15.7%	17.7%	16.3%	14.6%	12.9%	13.6%	8.6%	12.0%	5.4%	9.2%	12.7%	13.4%	8.4%	7.8%	10.3%	8.3%	11.6%	10.1%	4.3%	7.5%	10.2%	10.3%	9.3%	8.5%	10.0%	11.4%	10.3%	5.3%	8.1%	7.7%	11.6%	1.4%	9.3%	-21.0%	4.0%	6.1%	8.7%	8.3%	9.3%	3.5%	1.5%	12.4%	9.3%	9.6%	8.6%	5.8%	0.5%	-2.7%	-35.5%	0.0%	4.9%	5.6%	4.9%	0.2%	2.3%	3.2%	-24.1%	3.8%	0.8%	5.9%	4.0%	7.1%	8.7%	11.5%	12.1%	19.0%	18.5%	16.7%	21.9%	29.1%	25.8%	26.7%	27.2%	25.1%	27.1%
Other income	5	8	4	2	0	0	—	—	—	0	—	—	—	0	—	—	—	3	—	—	0	0	0	0	1	2	0	0	0	0	0	0	0	—	0	31	42	50	18	42	34	105	67	19	24	10	6	2	11	12	34	7	6	23	30	0	0	1	24	9	28	-7	4	12	9	-4	6	12	4	26	21	16	19	19	37	42	50
Interest	1	5	3	4	9	14	12	16	12	17	13	10	14	22	16	16	15	14	29	13	22	19	23	17	24	23	15	14	21	15	21	12	14	17	19	73	24	34	34	28	23	24	14	15	14	14	23	16	18	19	16	17	19	15	8	11	14	14	-1	8	10	12	13	11	7	7	3	2	3	4	6	3	2	3	7	3	8
Depreciation	6	7	6	10	11	11	8	11	17	24	24	23	24	23	25	23	24	19	22	21	20	21	20	21	22	22	22	19	19	22	21	21	21	22	22	22	22	22	22	22	23	22	23	22	22	20	20	22	21	18	17	17	17	16	16	16	16	16	10	13	14	14	15	13	13	12	12	12	12	12	11	11	12	12	12	12	12
Profit before tax	75	138	82	99	77	88	80	76	34	103	5	49	94	134	43	39	70	42	67	34	0	15	74	23	32	29	94	43	54	4	69	30	69	-28	51	-243	31	68	71	97	70	110	42	126	80	88	40	6	-77	-50	-235	-26	13	75	27	-25	-10	0	-35	10	4	12	-0	39	50	73	101	180	194	190	256	390	401	390	469	487	580
Tax	27	55	28	35	25	33	29	26	12	35	2	16	31	45	14	13	22	12	21	11	2	5	21	8	11	10	32	15	18	1	15	10	23	-10	21	-46	11	24	24	36	22	38	14	44	29	35	14	3	4	-12	-48	-6	5	19	11	-6	-2	1	12	4	1	8	15	-10	13	24	35	45	49	47	70	99	102	99	117	124	149
Net profit	48	84	54	65	52	55	51	50	22	68	3	32	63	88	29	26	48	30	45	23	-2	10	53	15	21	19	62	28	36	3	54	20	46	-18	30	-197	21	44	46	62	48	72	0	0	51	53	26	3	-81	-38	-187	-20	9	56	16	-19	-8	-0	-47	6	3	5	-15	49	37	49	66	135	145	143	186	291	299	291	352	363	431
EPS ₹	10.04	17.54	11.31	13.52	10.94	2.31	2.15	2.10	0.94	2.85	0.15	1.35	2.63	3.68	1.20	1.10	2.00	1.26	1.90	0.96	-0.08	0.41	2.22	0.63	0.87	0.78	2.43	1.11	1.39	0.10	2.11	0.76	1.81	-0.71	1.17	-7.71	0.80	1.73	1.60	2.40	1.86	2.81	1.10	3.20	2.02	2.07	1.02	0.13	-3.17	-1.47	-7.31	-0.79	0.34	2.18	0.63	-0.75	-0.30	0.00	-0.88	0.25	0.11	0.19	-0.60	1.10	1.45	1.93	2.59	5.25	5.65	5.57	7.28	11.37	11.70	11.36	13.74	14.18	16.84
Revenue YoY	—	—	—	—	35.6%	28.0%	68.0%	26.8%	26.1%	23.5%	-8.1%	12.3%	41.6%	14.4%	28.1%	12.8%	0.7%	-48.5%	1.9%	-32.4%	-35.3%	4.3%	8.1%	-13.3%	19.6%	19.0%	19.8%	14.9%	11.9%	-9.7%	4.2%	20.5%	-0.9%	-1.4%	-28.5%	5.5%	-2.9%	61.1%	28.6%	47.6%	-1.0%	18.2%	-35.3%	-8.0%	14.2%	-18.8%	10.0%	-36.9%	-17.3%	-19.5%	-25.8%	-12.4%	6.1%	10.0%	36.2%	-0.7%	-2.2%	-11.6%	-26.8%	-7.1%	-17.7%	-15.0%	6.2%	21.0%	-0.4%	8.0%	29.9%	33.6%	58.8%	28.0%	26.2%	38.8%	38.9%	58.4%	42.0%	38.0%	31.8%
Profit YoY	—	—	—	—	9.0%	-34.2%	-5.0%	-22.5%	-57.2%	23.2%	-93.2%	-35.7%	181.0%	29.4%	729.4%	-18.5%	-24.1%	-65.8%	57.8%	-12.4%	-103.8%	-67.4%	16.9%	-34.6%	—	92.4%	17.3%	89.1%	70.7%	-86.4%	-13.2%	-31.2%	30.3%	-805.8%	-44.7%	-1108.2%	-55.7%	—	54.4%	—	131.6%	62.0%	-100.0%	-100.0%	8.3%	-26.1%	—	—	-257.5%	-171.1%	-817.2%	-703.0%	—	—	—	—	-189.8%	-100.2%	-394.4%	—	—	—	—	670.8%	1246.7%	941.1%	—	174.5%	289.1%	189.1%	181.3%	116.4%	107.1%	103.8%	88.6%	24.7%	44.0%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 74 periods

	JUN '08	SEP '08	DEC '08	MAR '09	JUN '09	SEP '09	DEC '09	MAR '10	JUN '10	SEP '10	DEC '10	MAR '11	JUN '11	SEP '11	DEC '11	MAR '12	JUN '12	SEP '12	DEC '12	MAR '13	JUN '13	SEP '13	DEC '13	MAR '14	JUN '14	SEP '14	DEC '14	MAR '15	JUN '15	SEP '15	DEC '15	MAR '16	JUN '16	SEP '16	DEC '16	MAR '17	JUN '17	SEP '17	DEC '17	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	9.4%	10.4%	11.6%	10.3%	9.2%	8.5%	9.3%	7.8%	6.6%	-11.8%	-14.0%	-8.7%	-8.4%	16.7%	19.3%	22.0%	15.2%	10.0%	10.4%	8.8%	9.1%	9.4%	0.1%	-6.3%	-28.8%	-31.0%	-22.5%	-13.6%	5.4%	5.5%	4.0%	-1.0%	-6.9%	-4.5%	-3.5%	-3.1%	-0.1%	3.8%	6.7%	10.6%	16.2%	23.1%	28.7%	35.5%	34.3%	43.1%	44.1%	51.2%	45.8%	48.5%	43.6%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	15.4%	16.5%	17.6%	15.7%	15.8%	14.7%	15.3%	13.3%	10.9%	-1.7%	-3.4%	3.4%	6.0%	25.0%	27.4%	29.4%	31.6%	32.8%	33.0%	30.6%	26.6%	18.7%	8.4%	-0.4%	-18.7%	-20.7%	-14.7%	-6.9%	11.1%	10.7%	8.6%	3.0%	-2.5%	0.1%	0.7%	1.4%	5.3%	7.8%	12.2%	17.0%	23.4%	34.1%	40.9%	49.2%	47.0%	58.9%	60.0%	69.5%	61.9%	65.5%	58.9%
Net margin	10.9%	10.4%	8.5%	7.5%	6.6%	5.4%	5.4%	4.2%	3.5%	4.3%	4.6%	5.0%	4.7%	4.4%	3.6%	4.0%	4.3%	3.2%	2.5%	2.7%	2.5%	3.1%	3.2%	3.3%	3.6%	3.9%	3.5%	3.2%	2.9%	3.2%	2.6%	2.2%	-4.0%	-4.8%	-2.6%	-2.1%	3.7%	4.3%	4.7%	4.1%	2.8%	2.8%	2.5%	3.1%	3.5%	0.0%	-2.6%	-9.6%	-10.6%	-7.6%	-4.4%	1.7%	1.8%	1.3%	-0.3%	-2.4%	-1.6%	-1.3%	-1.2%	-0.1%	1.4%	2.6%	4.1%	6.4%	8.4%	10.3%	12.0%	14.2%	16.4%	18.1%	18.7%	19.9%	19.4%	20.0%
EBITDA margin	17.8%	17.4%	15.9%	15.1%	14.2%	12.6%	11.9%	10.2%	9.2%	10.2%	10.8%	11.2%	10.8%	10.3%	8.8%	9.6%	10.3%	8.9%	8.7%	8.3%	8.3%	9.4%	9.6%	9.5%	9.8%	10.0%	9.3%	8.7%	8.0%	8.3%	7.5%	7.8%	0.8%	-1.3%	0.5%	0.9%	7.0%	8.0%	7.2%	5.7%	6.7%	6.8%	8.7%	10.1%	8.6%	6.5%	2.9%	-6.8%	-8.4%	-7.0%	-4.2%	4.2%	4.2%	3.6%	2.9%	-3.6%	-2.9%	-3.6%	-3.1%	3.7%	4.5%	6.4%	8.0%	10.1%	13.2%	15.6%	16.7%	19.1%	22.0%	23.9%	26.1%	27.1%	26.2%	26.5%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.33	0.33	0.33	0.33	0.17	0.17	0.17	0.17	0.43	0.43	0.43	0.43	0.50	0.50	0.50	0.50	0.08	0.08	0.08	0.08	0.06	0.06	0.06	0.06	0.47	0.47	0.47	0.47	0.20	0.20	0.20	0.20	0.15	0.15	0.37	0.37	0.20	0.20	0.04	0.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest coverage	31.61	19.85	12.56	9.77	7.23	6.11	6.06	4.69	4.59	5.52	5.69	6.10	5.55	5.17	4.21	3.96	4.00	2.84	2.40	2.60	2.38	2.73	2.80	3.25	3.60	4.00	3.99	3.40	3.30	3.81	3.22	2.98	-0.23	-0.43	0.38	0.56	3.22	3.56	4.20	4.61	5.58	6.29	6.80	6.04	4.19	1.81	-0.08	-4.22	-4.60	-3.21	-1.58	2.51	2.70	2.40	0.84	-0.80	0.04	0.35	0.72	1.64	2.21	3.37	5.27	10.30	22.26	37.77	57.19	58.28	69.51	86.39	108.09	112.85	114.28	92.52
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.76	0.78	0.80	0.78	0.83	0.86	0.86	0.85	0.72	0.73	0.73	0.82	0.82	0.90	0.90	0.94	0.92	0.90	0.92	0.87	1.01	0.90	0.86	0.81	0.76	0.74	0.75	0.77	0.85	0.85	0.84	0.81	0.81	0.80	0.76	0.72	0.75	0.79	0.87	0.89	0.88	0.95	0.95	1.00	0.92	1.00	0.84	0.94	0.80	0.87	0.83

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 18 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51
Other equity / reserves	1,198	1,261	1,127	982	1,138	1,377	1,000	1,071	1,029	1,039	1,022	1,084	1,192	1,325	1,722	2,035	2,639	3,244
Total equity	1,249	1,312	1,178	1,033	1,190	1,428	1,051	1,123	1,080	1,090	1,073	1,135	1,243	1,376	1,773	2,086	2,690	3,295
Borrowings	415	217	504	518	100	81	490	221	163	401	220	40	0	0	0	0	0	11
Current liabilities	3,409	3,127	3,467	3,970	3,451	2,624	2,826	2,725	—	2,555	2,464	2,043	2,251	2,564	2,790	3,881	4,892	5,231
Non-current liabilities	42	53	126	111	128	144	276	221	—	147	143	142	90	99	98	97	157	163
Total assets	4,700	4,492	4,772	5,114	4,769	4,196	4,154	4,069	3,767	3,792	3,679	3,319	3,584	4,039	4,661	6,064	7,739	8,689
Property, plant & equipment	639	687	684	656	583	511	429	403	389	433	413	399	393	344	372	388	404	392
Capital work-in-progress	110	70	33	25	18	5	12	22	9	5	9	10	11	15	47	42	65	115
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventories	683	693	972	1,120	1,026	634	649	580	623	697	644	583	589	612	704	935	1,228	1,360
Receivables	2,296	2,148	2,067	2,271	1,799	2,020	1,899	1,905	1,563	1,507	1,551	1,354	1,438	1,379	1,469	1,929	2,172	2,048
Cash & equivalents	36	82	58	69	232	50	50	49	71	34	45	27	132	84	471	886	1,525	2,386

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	-141	502	-91	188	1,054	-355	-260	311	8	-37	518	904	1,710
Cash from investing	-119	-137	-50	-46	-305	287	-31	12	116	3	-172	-496	-511
Cash from financing	219	-320	120	-131	-585	-114	290	-324	-102	9	-259	-69	-147
Capex	—	—	50	48	18	7	—	—	25	16	29	87	188
Free cash flow	—	—	-141	140	1,036	-362	—	—	-17	-54	489	816	1,521
Dividends paid	—	—	55	—	0	0	46	—	0	0	0	51	128

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹392 cr5%

CWIP

₹115 cr1%

Inventories

₹1,360 cr16%

Receivables

₹2,048 cr24%

Cash & equivalents

₹2,386 cr27%

Other assets

₹2,388 cr27%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
GE Vernova T&D India Ltd.	1,02,881	4,018.00	71.6	31.23	43.6%

StoxGud checklist: Bullish setup · 7/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-6.9%

6 months-15.7%

1 year+31.0%

3Y CAGR+116.2%

5Y CAGR+98.0%

10Y CAGR+28.7%

50-day avg₹4,217.85

200-day avg₹4,180.01

RSI (14)52

Compare GE Vernova T&D India Ltd. with

Polycab India vs GE Vernova T&D India Cummins India vs GE Vernova T&D India GE Vernova T&D India vs Ashok Leyland GE Vernova T&D India vs Siemens Energy India

FAQs

What is the share price of GE Vernova T&D India Ltd.?

GE Vernova T&D India Ltd. (GVT&D) closed at ₹4,018.00 on NSE on 06 Nov 2026.

What is the market cap of GE Vernova T&D India Ltd.?

₹1,02,881 crore at the latest close.

What is the P/E ratio of GE Vernova T&D India Ltd.?

71.6, on trailing-twelve-month earnings from its filings.

How fast is GE Vernova T&D India Ltd. growing?

GE Vernova T&D India Ltd.: revenue has compounded at 30.8% a year over three years. Latest-quarter revenue is up 31.8% year on year, profit up 44.0%.

How profitable is GE Vernova T&D India Ltd.?

On a trailing-twelve-month basis return on equity is 43.6%, return on capital employed 58.9%, operating margin 26.5%, net margin 20.0%.

How much debt does GE Vernova T&D India Ltd. have?

GE Vernova T&D India Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹11 cr against cash of ₹2,386 cr (balance sheet of 2026-09-30). Operating profit covers interest 92.5 times.

Financials parsed from GE Vernova T&D India Ltd.'s own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from SEP '07, annual from FY09, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). † = the company's standalone results as published on BSE, used for quarters before MAR '18 (full years marked † are summed from them); cross-checked against the NSE filings where both exist. ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.