| 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
- ₹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 Limited (GEPIL) pivots to a Services-only strategy with a proposed demerger of its underutilized Durgapur manufacturing business to JSW Energy to unlock shareholder value and improve profitability.
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.