Rs 10,780 Crore Order Book: Electrical Equipments Manufacturer Reports a 236 Per Cent Jump in Net Profit
The stock is up by 55.5 per cent from its 52-week low of Rs 1,235 per share and gave multibagger returns of over 1,800 per cent in 3 years.
GE Vernova T&D India Limited is a publicly traded subsidiary of GE's Grid Solutions business with over a century of experience in power transmission and distribution. The company specializes in connecting power generation sources to the grid, offering a wide range of products and solutions including power transformers, circuit breakers, switchgear, substation automation equipment, digital software, and turnkey substation engineering and construction services. Their portfolio extends from medium to ultra-high voltage (1200 kV) applications, and they also provide advanced technologies like FACTS and HVDC.
According to Quarterly Results, the net sales increased by 26 per cent to Rs 1,152.54 crore and net profit increased by 181 per cent to Rs 186.49 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 35 per cent to Rs 4,292.30 crore and net profit increased by 236 per cent to Rs 608.33 crore in FY25 compared to FY24.
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Sandeep Zanzaria, Managing Director & CEO, GE Vernova T&D India Limited, said, “Our robust performance in FY24-25 with a strong order book and significant margin expansion reflects continued robust demand for our technology as India modernizes its power infrastructure. It also speaks to our unwavering commitment to operational efficiency and the significant potential we have for business growth. As we enhance our electrification manufacturing and engineering capabilities, we are firmly positioning the company to contribute significantly to building a more reliable and modern grid for India.”
The company has a market cap of over Rs 48,000 crore and has delivered good profit growth of 35 per cent CAGR over last 5 years. The order book of the company as of March 2025 stands at Rs 10,780 crore. The stock is up by 55.5 per cent from its 52-week low of Rs 1,235 per share and gave multibagger returns of over 1,800 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.
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