ALFA Finder| Margins | Higher profitability targeted via Services-only focus and high-margin deals. |
|---|---|
| Order book | INR 734 crs core services orders in FY26; ~25% CAGR. |
| Demand visibility | Strong Indian industry power demand noted for Durgapur utilization. |
| Management confidence | High; unanimous board approval for demerger and turnaround strategy. |
Growth
FY25-26 core services order booking grew ~34% YoY; oOEM (third-party) orders grew ~1.9x to ~INR 320 crs.
Outlook
Targeting 25% CAGR in core services; INR 295 crs EBITDA boost from Hydro & Gas slump sale; Dividend declaration planned in 2026.
Risks
Underutilization of Durgapur facility causing INR 27 crs average annual loss; reliance on manufacturing support transition.
Last quarter's promises, checked
Delivered
- Targeted 25% CAGR in core services → delivered 32% growth in FY26 (= BEAT)
- Planned dividend declaration in 2026 → delivered 70% face value payout (= BEAT)
- Settle BHEL legacy receivables → delivered INR 343 crs collection/settlement (= BEAT)
Partly delivered
- Demerger of Durgapur facility → delivered NCLT filing/5-year JSW agreement (ongoing) (= PARTIAL)
Missed
- Order backlog visibility of 2 years → delivered INR 1,628 crs (down from 2,662 crs) (= MISS)
Earnings Call filed with NSE, NSE: GVPIL. Summary written with AI assistance from the document.
GE Power India Ltd: key numbers
- Share price
- ₹638.35
- Market cap
- ₹4,291 Cr
- Revenue (annual)
- ₹1,269 Cr
- Net profit (annual)
- ₹252.6 Cr
- P/E (TTM)
- 15.8×Sector 51.9×
- Promoter holding
- 68.58%+0.00% QoQ
- FII holding
- 0.73%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 →GE Power India Board Meeting Date
GE Power India schedules a board meeting on 13 November 2026 for unaudited quarterly results. Trading window stays closed until 15 November 2026.
GE Power India Other Announcement
GE Power India Ltd filed its quarterly shareholding pattern for the quarter ended September 30, 2026, as required by SEBI regulations.
GE Power India Merger & Restructuring
GE Power India received the NCLT sanction order demerging its Durgapur boiler business into JSW Energy. Effective and Record Dates will follow in due course.
GE Power India Merger & Restructuring
GE Power India Limited announced that the NCLT has sanctioned its Scheme of Arrangement with JSW Energy Limited. The company will announce the effective and record dates soon.
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
GE Power India Annual General Meeting
GE Power India Limited held its 34th Annual General Meeting on August 14, 2026. Shareholders approved all agenda items, including the final dividend declaration.