| 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
- ₹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 →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 Q1 FY27 Results: Net Profit ₹53.7 Cr, Up 54.8% YoY
GE Power India Ltd reported revenue from operations of ₹308.7 Cr (+7.6% YoY) and net profit of ₹53.7 Cr (+54.8% YoY) for Q1 FY27.
- Key figure
- Net profit ₹53.7 Cr · +54.8% YoY
GE Power India Earnings Call: Key Takeaways
GE Power India (GEPIL) announced the demerger of its Durgapur business to JSW Energy to simplify its portfolio and focus on high-margin core services and oOEM segments.
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.
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.
GE Power India Earnings Call: Key Takeaways
GE Power India reported turnaround results for FY 2025-26 with a dividend of INR 7 per share. Strategy focuses on high-margin Core Services and debt reduction.