| Revenue growth | 38% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA margin at 25.1%, down from 29.1% YoY. |
| Order book | ₹209.3 billion; 77% from Central Utilities & PSU. |
| Demand visibility | High visibility via ₹209.3 billion order backlog. |
Growth
Revenue rose 38% YoY; EBITDA margins contracted to 25.1% from 29.1% YoY. Order intake decreased 30% to ₹11.4B.
Outlook
Strong visibility with ₹209.3B backlog. Focused on 765kV/400kV AIS/GIS equipment exports and grid automation.
Risks
Quarterly order intake declined significantly (-30% YoY). Gross margins compressed to 41.3% from 48.4% YoY.
Last quarter's promises, checked
Delivered
- Guided mid-20s margins → delivered 25.1% (= BEAT)
- Targeted domestic order growth → delivered 38% revenue growth (= BEAT)
- Maintain zero debt → delivered zero debt/₹29.3B cash (= BEAT)
Partly delivered
- Expand high-margin exports → delivered 30% of revenue (= PARTIAL)
Missed
- Sustain robust order intake → delivered ₹11.4B (-30% YoY) (= MISS)
Investor Presentation filed with BSE, NSE: GVT&D. Summary written with AI assistance from the document.
GE Vernova T&D India Ltd: key numbers
- Share price
- ₹4,238.90
- Market cap
- ₹1,08,536 Cr
- Revenue (annual)
- ₹6,206 Cr
- Net profit (annual)
- ₹1,233 Cr
- P/E (TTM)
- 75.5×Sector 51.9×
- Promoter holding
- 51.00%+0.00% QoQ
- FII holding
- 19.16%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from GE Vernova T&D India Ltd
All →GE Vernova T&D India Bags New Order from Power Grid Corporation of India Limited
GE Vernova T&D received a Letter of Award from Power Grid for a 6000 MW HVDC terminal station. Value is undisclosed and the definitive agreement is pending.
- From
- Power Grid Corporation of India Limited
- HVDC terminal station capacity
- 6000.0 MW
GE Vernova T&D India Earnings Call Transcript: Key Takeaways
GE Vernova T&D India delivered robust 32% revenue growth and exceptional EBITDA margins of 27.1%, significantly outperforming its mid-20s guidance.
GE Vernova T&D India Results Update
GE Vernova T&D India reported Q2 FY27 revenue up 32% year-on-year and profit after tax up 44%. Order bookings rose 52% to INR 24.4 billion.
GE Vernova T&D India Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹2,027 Cr (+32% YoY), PAT ₹431 Cr (+44%), EBITDA margin 27.1%. H1 revenue and PAT both up about 35%. Q2 order intake +52%.
GE Vernova T&D India Q2 FY27 Results: Net Profit ₹431.4 Cr, Up 44.0% YoY
GE Vernova T&D India approved unaudited standalone results for the quarter ended 30 September 2026. Quarterly net profit rose to Rs.431.4 crore from Rs.299.5 crore.
- Key figure
- Net profit ₹431.4 Cr · +44.0% YoY
GE Vernova T&D India Other Announcement
GE Vernova T&D India Limited filed the Reconciliation of Share Capital Audit Report for the quarter ended September 30, 2026, as required by SEBI regulations.