Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

GE Power India Earnings Call: Key Takeaways

GEPIL transitioned to a service-led, asset-light model in Q4 FY26, achieving a sharp turnaround in profitability driven by core services and one-time settlements with BHEL and Jaypee.

Why this was an Alfa AlertNot a filter event. Profitability beat was largely driven by one-time ECL reversals and settlements, not a 5%+ beat over explicit operational guidance.
Highlights
Revenue growth21% YoY for full year FY26.
MarginsNormalized FY26 EBITDA at 11%; Q4 normalized EBITDA at 18%.
Order book₹1,628 crores as of March 31, 2026.
Demand visibilityStrong demand for thermal plant upgrades and reliability services.
Management confidenceHigh, citing strategic pivot to margin-accretive core services.

Growth

FY26 Revenue rose 21% YoY to ₹1,269cr. PBT grew to ₹340cr from ₹22cr, aided by ₹116cr BHEL reversal.

Outlook

Order book at ₹1,628cr (2 years visibility). Target 11% normalized EBITDA margin; pursuing international thermal service markets.

Risks

Reduction in FGD installation mandates and demerger of Durgapur facility may impact near-term scale/asset base.

Source

Earnings Call filed with BSE, NSE: GVPIL. Summary written with AI assistance from the document.

Read the document ↗

GE Power India Ltd: key numbers

Share price
₹669.70
Market cap
₹4,502 Cr
Revenue (annual)
₹1,269 Cr
Net profit (annual)
₹252.6 Cr
P/E (TTM)
16.6×Sector 53.6×
Promoter holding
68.58%+0.00% QoQ
FII holding
1.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from GE Power India Ltd

All →
19:05 IST BSE
Legal & Regulatory

GE Power India Legal & Regulatory

GE Power India received a GST order from the Odisha tax authority for FY 2020-21, demanding tax and penalty totaling approximately ₹0.42 Crore.

Value
₹0.42 Cr
From
Assistant Commissioner of GST and Central Excise, Bhubaneswar
16:40 IST NSE
Earnings Call

GE Power India Earnings Call: Key Takeaways

GE Power India reported a strong FY26 turnaround with 19% revenue growth and significantly improved profitability driven by a strategic shift to high-margin core services and legacy settlement gains.