NSE: GVT&D | BSE: 522275

Strong Performer, Getting Expensive

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2783.80 4.60 (0.17%)

121.99% Gain from 52W Low

243.7K NSE+BSE Volume

NSE 01 Sep, 2025 2:22 PM (IST)

71,278.2

Market Cap

Market Runner Up

0.9

Beta 1Year

Low volatility

GE Vernova T&D India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GVT&D, BSE:522275 GE Vernova T&D India Ltd.

GE Vernova T&D India Ltd.

16 Aug 2022

2783.80

0.17%

Improvement in margins; transmission ordering is expected to pick up in FY23/24

Buy: GE Vernova T&D India Ltd.

ICICI Securities Limited

GE T&D India’s (GETD) revenue declined 7% YoY to Rs 5.9bn in Q1FY23 as the lower orderbook led to a muted execution.

Number of FII/FPI investors increased from 420 to 501 in Jun 2025 qtr.

GE Vernova T&D India Ltd.

24 May 2022

2783.80

0.17%

GE T&D INDIA LIMITED

Hold: GE Vernova T&D India Ltd.

Target

Prabhudas Lilladhar

Number of FII/FPI investors increased from 420 to 501 in Jun 2025 qtr.

GE Vernova T&D India Ltd.

17 Aug 2021

2783.80

0.17%

Q1FY22 Result Update - Weak quarterly performance - HOLD

Hold: GE Vernova T&D India Ltd.

Target

Prabhudas Lilladhar

Higher freight cost, forex loss (Rs60-70mn) and higher reimbursement expenses impacted EBITDA margin (0.2% in Q1FY22). GE T&D; (GETD) reported poor quarterly performance led by lower execution and higher expenses. Revenue was flat YoY at Rs6.4bn, due to closure of most of the factory for nine days due to pandemic. Despite increase in commodity price, gross margins expanded (32.3% in Q1FY22) due to better product mix with higher contribution of product business, though it is...

GE Vernova T&D India Ltd. has gained 108.01% in the last 6 Months

GE Vernova T&D India Ltd.

17 Feb 2021

2783.80

0.17%

Q3FY21 Result Update - Order inflow remains the key - HOLD

Hold: GE Vernova T&D India Ltd.

Recommendation Target

Prabhudas Lilladhar

Delay in order finalization leads to 45% decline in OI, but healthy ordering visibility seen in both domestic and international markets. GE T&D; (GETD) reported strong quarterly performance led by stellar execution, cost rationalization measures and higher other income. Sales grew by 10% YoY as manufacturing and project sites were operating at full capacity. Order inflow decline 45% to Rs6.9bn owing to delay in order finalization. Order book stood decent at Rs49bn (excluding L1 Rs3bn)...

GE Vernova T&D India.. has an average target of 2853.00 from 2 brokers.

GE Vernova T&D India Ltd.

11 Feb 2020

2783.80

0.17%

Q3FY20 Result Update

Sell: GE Vernova T&D India Ltd.

Target

Prabhudas Lilladhar

Net Borrowings stands at Rs3.3bn as on 3QFY20 compared to Rs4.3bn in 2QFY20 due to better collections and turnaround of inventory. GE T&D; reported weak set of numbers for 3QFY20 on the back of lower opening order backlog (HVDC nearing completion), weak fresh order inflows,...

GE Vernova T&D India Ltd. has gained 24.20% in the last 3 Months

GE Vernova T&D India Ltd.

11 Nov 2019

2783.80

0.17%

Q2FY20 Result Update

Sell: GE Vernova T&D India Ltd.

Recommendation Target

Prabhudas Lilladhar

YoY to Rs39 mn. Company reported net adjusted loss of Rs205 mn during the quarter against PAT of Rs396 mn in 2QFY19. Order inflow during 2QFY20/1HFY20 was down 5%/17% YoY. While many Green Energy Corridor (GEC) orders were tendered out during the quarter, most of them are under final negotiations and expected to be awarded in 2HFY20. The Bangladesh HVDC project has been put on hold in order to ascertain measures to further reduce the project cost. With ongoing liquidity crisis, company raised debt...

GE Vernova T&D India Ltd. has gained 62.45% in the last 1 Year

GE Vernova T&D India Ltd.

29 Jul 2019

2783.80

0.17%

Q1FY20 Result Update

Hold: GE Vernova T&D India Ltd.

Recommendation Target

Prabhudas Lilladhar

GE T&D; India Ltd's (GETD's) 1QFY20 revenue growth performance was Change in Estimates | Target | Reco weakest in last seventeen quarters. Revenue was down 37% YoY (-34% ExHVDC order) at Rs7.3 bn lead by lower opening order backlog, weak order...

GE Vernova T&D India Ltd. has gained 108.01% in the last 6 Months

GE Vernova T&D India Ltd.

29 Jul 2019

2783.80

0.17%

Big miss led by execution challenge

Neutral: GE Vernova T&D India Ltd.

Target

Motilal Oswal

Dragged by sub-par execution: 1QFY20 sales declined 37% YoY to INR7.3b, below our est. of INR11.9b. Execution during the quarter was hurt by declining HVDC sales, non-execution of stressed projects and postponement of a few project executions to 2QFY20 (from 1QFY20). This, along with operating de-leverage led to EBIDTA miss (-71% YoY to INR424m v/s our est....

GE Vernova T&D India.. has an average target of 2853.00 from 2 brokers.

GE Vernova T&D India Ltd.

26 May 2019

2783.80

0.17%

Q4FY19 Result Update

Sell: GE Vernova T&D India Ltd.

Prabhudas Lilladhar

GE T&D; India Ltd's (GETD) execution picked up in 4QFY19 with revenue up Change in Estimates | Target | Reco 10% YoY (Ex-HVDC, revenue grew 20% YoY). However, FY19 revenue fell 3%YoY (Ex-HVDC, up 9%YoY) due to 1) weak order inflow (down 4%YoY in...

GE Vernova T&D India Ltd. has gained 24.20% in the last 3 Months

GE Vernova T&D India Ltd.

20 Feb 2019

2783.80

0.17%

In-hand project execution on track, but orders visibility dim

Neutral: GE Vernova T&D India Ltd.

Target

Motilal Oswal

20 February 2019 Sales declined 19% YoY to INR11.7b due to lower availability of HVDC orders for execution. Three of the four poles for the Champa Kurukshetra (CK) line are completed, and order backlog available for execution for the CK line stands at INR2b. Gross margin improved 670bp YoY to 33%, given reduced execution of the CK order (INR838m v/s INR3,607m in 3QFY19) where margins were lower. EBIDTA margin improved 450bp YoY to 9.6%, supported by a better revenue mix. Order intake increased 84% YoY to INR14.4b, given better order finalization from private and state/central utilities. Private constituted 50% of orders and the balance came from state and central utility orders. Ordering has been supported by the Saubhagya scheme-related state utility capex. Order backlog stands at INR64b, providing revenue visibility for the next 18 months.

GE Vernova T&D India.. has an average target of 2853.00 from 2 brokers.

Is GE T&D India Ltd. worth buying?

114 Votes:

Buy 71.05%

Sell 23.68%

Hold 5.26%

RESEARCH REPORTS

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