GE Vernova T&D India Ltd, Fundamental analysis

Industry Industry name	Capital Goods - Electrical Equipment
Variance Full Year Net Profit Variance	111
Equity Latest Equity	51.21
Face Value Latest Face Value	2
Reserves Total Reserve	2639.08
Dividend Full Year Dividend %	500
Sales Turnover Full Year Net Sales	6206.31
Net Profit Full Year Net Profit	1280.9
Full Year CPS Full Year Cash Per Share	51.8
Earning Per Share Full Year Earning Per Share	50
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Jun 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	1836.14
Previous EPS Previous earnings per share	0
Book Value Book value	105.1
Networth Full Year Return on Networth	55.26
Price/Book Value Price to Book value	39.381541
Yearly PE ratio Full Year Price to Earning per share	82.7
Yearly PC ratio Full Year Price to Cash Per Share	79.8
Bse value BSE Value in lakhs	1984.33
Nse value NSE Value in lakhs	52038.06
High 52 week high	5650
Low 52 week low	2525
Price NSE Current market price	4127
CPM Current market price	4139

Market cap BSE / NSE Market Cap	105970.13
Net profit Latest Quarter Net Profit	362.99
Net profit variance Latest Quarter Net Profit variance	25
Result year Trailing latest month	Jun 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	3818.69
TTM OP Trailing Twelve 12 month Operating Profit	657.96
TTM OPM Trailing Twelve 12 month Operating Profit Margin	17.23
TTM GP Trailing Twelve 12 month Gross Profit	1794.21
TTM GPM Trailing Twelve 12 month Gross Profit Margin	26.73
TTM NP Trailing Twelve 12 month Net Profit	394.8
TTM NPV Trailing Twelve 12 month Net Profit Variane	76.51
TTM EPS Trailing Twelve 12 month EPS	52.74
TTM PE Trailing Twelve 12 month PE	78.47
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	48.82
Equity Latest Equity	51.21
LTP Latest Price (BSE/NSE)	4139
Gross block Latest Gross Block	860.83
Loans Total loans	24
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	27.5
Year GPM Full Year Gross Profit Margin	28.4
Quarter OPM Latest quater Operation Profit Margin	25.1

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Sales	1,108	1,074	1,153	1,330	1,538	1,701	1,637	1,836
YOY Sales Growth %	59%	28%	26%	39%	39%	58%	42%	38%
Gross Sales	1,108	1,074	1,153	1,330	1,538	1,701	1,637	1,836
+ Expenses	903	894	900	943	1,142	1,315	1,192	1,375
Material Cost %	63%	59%	74%	57%	64%	55%	69%	60%
Raw Material Cost	672	653	758	721	924	954	998	1,090
Change in Inventory	21	-15	93	36	57	-21	130	13
Manufacturing Cost %	12%	12%	13%	12%	10%	13%	13%	10%
Employee Cost %	11%	9%	8%	7%	8%	7%	7%	6%
Other Cost %	-4%	3%	-16%	-5%	-7%	2%	-16%	-1%
Raw Materials %	61%	61%	66%	54%	60%	56%	61%	59%
Stock Adjustments %	-2%	1%	-8%	-3%	-4%	1%	-8%	-1%
Other Manufacturing Expenses %	12%	12%	13%	12%	10%	13%	13%	10%
Operating Profit	205	180	252	388	396	385	445	461
OPM %	18%	17%	22%	29%	26%	23%	27%	25%
+ Other Income	4	26	21	16	19	19	43	42
Miscellaneous Income	4	26	21	16	19	19	43	42
Exceptional Income	0	0	0	0	0	0	6	0
Interest	3	4	6	3	2	3	7	3
Depreciation	12	12	11	11	12	12	12	12
Profit before tax	194	190	256	390	401	390	469	487
+ Tax %	25%	25%	27%	25%	25%	25%	25%	25%
Current Tax	62	56	65	113	121	111	110	131
Deferred Tax	-13	-9	5	-14	-19	-12	7	-7
+ Net Profit	145	143	186	291	299	291	352	363
Extraordinary Income / Expense	0	0	0	0	0	-69	6	0
Exceptional Item	0	0	0	0	0	-69	6	0
EPS in Rs

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	4,260	4,386	4,219	3,159	3,452	3,066	2,773	3,168	4,292	6,206
Sales Growth %		3%	-4%	-25%	9%	-11%	-10%	14%	35%	45%
Gross Sales	3,843	4,278	4,219	3,159	3,452	3,066	2,773	3,168	4,292	6,206
Excise Duty	207	54	0	0	0	0	0	0	0	0
+ Expenses	4,220	4,129	3,793	3,427	3,307	3,175	2,683	2,849	3,474	4,586
Material Cost %	18%	37%	40%	42%	43%	47%	71%	66%	60%	55%
Raw Material Cost	880	1,575	1,623	1,347	1,425	1,514	1,983	2,011	2,653	3,598
Change in Inventory	-126	29	83	-10	58	-81	-13	67	-97	-201
Manufacturing Cost %	51%	34%	28%	33%	33%	33%	2%	2%	2%	1%
Employee Cost %	9%	9%	9%	13%	12%	13%	13%	12%	9%	7%
Other Cost %	21%	14%	12%	20%	9%	10%	11%	11%	10%	11%
Raw Materials %	21%	36%	38%	43%	41%	49%	71%	63%	62%	58%
Stock Adjustments %	3%	-1%	-2%	0%	-2%	3%	0%	-2%	2%	3%
Power & Fuel %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Other Manufacturing Expenses %	50%	33%	27%	32%	32%	32%	1%	1%	1%	1%
Selling & Administration %	10%	9%	9%	14%	7%	10%	8%	8%	8%	6%
Miscellaneous Expenses %	6%	4%	2%	6%	1%	-0%	2%	2%	2%	4%
Operating Profit	40	257	426	-269	145	-109	90	319	819	1,620
OPM %	1%	6%	10%	-9%	4%	-4%	3%	10%	19%	26%
+ Other Income	141	240	58	60	69	136	34	23	63	91
Miscellaneous Income	142	249	58	60	92	136	34	23	63	97
Exceptional Income	0	0	0	0	26	110	0	0	0	6
Interest	182	106	85	87	84	59	61	41	27	35
Depreciation	88	90	83	78	66	58	55	50	47	46
Profit before tax	-73	319	335	-356	89	-69	27	263	820	1,650
+ Tax %	-18%	35%	36%	15%	32%	29%	106%	31%	26%	25%
Current Tax	72	97	147	6	7	5	13	46	228	455
Deferred Tax	-58	13	-25	-59	22	-25	15	36	-16	-39
+ Net Profit	-86	209	213	-303	60	-50	-1	181	608	1,233
Profit Growth %		-341%	2%	-242%	-120%	-182%	-97%	-12251%	236%	103%
Extraordinary Income / Expense	0	0	0	-54	3	110	-11	0	0	-64
Exceptional Item	0	0	0	-54	3	110	-11	0	0	-64
EPS in Rs

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	51	51	51	51	51	51	51	51	51	51
Reserves	982	1,138	1,377	1,000	1,071	1,029	1,022	1,192	1,722	2,639
+ Borrowings	518	100	81	599	316	226	273	42	35	24
Unsecured Borrowings	518	100	81	599	316	226	273	42	35	24
+ Other Liabilities	3,563	3,479	2,688	2,503	2,664	2,461	2,333	2,300	2,853	5,025
Current Liabilities	3,495	3,419	2,603	2,360	2,545	2,375	2,244	2,252	2,789	4,891
Provisions	479	391	388	492	570	599	490	493	492	443
Other liability items	111	128	144	178	139	103	102	61	77	149
Total Liabilities	5,114	4,769	4,196	4,154	4,102	3,767	3,679	3,584	4,661	7,739
+ Fixed Assets	656	586	513	538	494	457	421	401	379	412
Gross Block	830	840	844	948	964	917	771	794	815	861
Accumulated Depreciation	174	254	332	410	470	461	350	394	436	449
CWIP	25	18	5	12	22	9	9	11	47	65
Investments	0	0	0	0	0	0	0	0	0	0
+ Other Assets	4,433	4,165	3,679	3,604	3,587	3,302	3,250	3,173	4,234	7,262
Inventories	1,120	1,026	634	649	580	623	644	589	704	1,228
Trade receivables	2,271	1,799	2,020	1,899	1,905	1,563	1,551	1,438	1,469	2,172
Cash Equivalents	72	532	60	60	60	82	47	134	473	1,528
Loans n Advances	779	592	674	635	642	622	570	588	1,167	1,834
Other asset items	192	216	290	361	401	412	438	424	422	500
Total Assets	5,114	4,769	4,196	4,154	4,102	3,767	3,679	3,584	4,661	7,739

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	188	1,054	-355	-260	311	8	-37	518	904	1,710
Profit Before Tax & Extraordinary Items	-73	319	335	-356	89	-69	27	263	820	1,650
Depreciation	88	90	83	78	66	58	55	50	47	46
Interest (Net)	89	79	63	67	59	38	42	28	-21	-66
Profit / Loss on Sale of Assets	0	1	10	1	0	0	0	0	0	2
Profit / Loss on Sale of Investments	0	-6	0	0	0	0	0	0	0	0
Provisions & Write-offs (Net)	134	68	52	77	56	111	-14	48	92	131
Profit / Loss in Forex	24	13	-1	5	-7	1	5	-5	2	8
Receivables	-335	416	-126	46	-31	285	12	86	-109	-747
Inventories	-148	94	-22	-15	70	-43	-21	55	-120	-521
Trade Payables	71	28	-177	-171	123	-15	-45	-168	141	545
Direct Taxes Paid	-23	-138	-123	-67	-20	-23	-28	-21	-205	-492
+ Cash from Investing Activity	-47	-306	287	-30	12	116	3	-172	-495	-509
Purchase of Fixed Assets	-48	-18	-7	-32	0	-25	-16	-29	-87	-188
Sale of Fixed Assets	2	7	0	0	14	0	0	0	0	0
Interest Received	1	3	4	1	1	1	0	0	27	71
Inter-Corporate Deposits	0	0	0	0	0	0	0	-143	-436	-393
Others	-1	-298	290	1	-2	140	19	0	1	1
+ Cash from Financing Activity	-131	-585	-114	290	-324	-102	9	-259	-69	-147
Proceeds from Short-Term Borrowings	11	0	0	409	0	0	56	0	0	0
Repayment of Short-Term Borrowings	0	-418	-19	0	-268	-58	0	-219	0	0
Repayment of Financial Liabilities	0	0	0	-12	-14	-22	-17	-16	-15	-16
Dividend Paid	-55	-55	-55	-56	0	0	0	0	0	0
Net Cash Flow	11	163	-182	0	-1	22	-26	87	339	1,054