ALFA Finder| Margins | EBITDA turned positive; focused on high-margin opportunities. |
|---|---|
| Order book | INR 734 Cr in core services; INR 322 Cr in oOEM. |
| Demand visibility | Strong outlook for Indian power industry and core services. |
| Management confidence | High regarding turnaround and demerger value creation. |
Growth
FY26 EBITDA reached INR 277 Cr from INR -251 Cr loss in FY23. Core services order bookings grew 34% YoY to INR 734 Cr.
Outlook
Targeting full supply chain independence soon. Demerger effective retrospectively from July 1, 2025. Share entitlement: 10 JSW Energy shares for 139 GEPIL shares.
Risks
Underutilization of Durgapur facility caused average annual losses of INR 27 Cr. Transition requires managing a 5-year manufacturing services agreement.
Last quarter's promises, checked
Delivered
- Guided focus on core services → delivered 32% order growth YoY (= BEAT)
- Guided settlement of BHEL/Jaypee → delivered INR 343 Cr received & closure (= BEAT)
- Guided dividend payout → delivered 70% of face value/INR 7 per share (= BEAT)
Partly delivered
- Guided Durgapur demerger timeline → delivered filed with NCLT, pending 12-month closure (= PARTIAL)
Earnings Call filed with BSE, 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.