GE Vernova India Stock Hits Upper Circuit After 116% Increase in June Quarter Profit

Mumbai, 30 July 2025: Shares of GE Vernova T&D India Ltd (NSE: GVT&D) soared 5% to ₹2,597 in early trading today, hitting a fresh 52-week and all-time high. The jump in stock price followed the company posting a 116.4% increase in its net profit in the June quarter.

Q1 Earnings Spark Rally as Revenue and Profit Show Double-Digit Growth

GE Vernova T&D India Ltd reported a net profit of ₹291.2 crore for the quarter ending June 2025, marking a 116.4% increase year-on-year. Revenue from operations came in at ₹1,346.4 crore, registering a 38.8% rise over the same period last year. Profit before tax grew to ₹390 crore, while the company’s operating profit margin surged to 29.14%, the highest recorded in the past three years. This significant margin expansion, alongside strong top-line growth, drove heightened investor interest and immediate upward price movement on the NSE.

13-Quarter Growth Trend Reflects Operational Strength and Cost Discipline

Over the last thirteen quarters, GE Vernova T&D India has demonstrated consistent financial progress. Revenues rose steadily from ₹601.7 crore in June 2022 to ₹1,346.4 crore in June 2025. Operating profits grew from ₹22.4 crore to ₹387.6 crore during the same period, indicating rising efficiency. Net profit jumped from ₹6.4 crore to ₹291.2 crore, while the adjusted EPS improved from ₹0.3 to ₹11.4. The company’s disciplined cost control, reflected in lower interest and depreciation costs, helped maintain a positive earnings momentum across all recent quarters.

Financial Forecasts Turn Bullish as Analysts Raise EPS and Revenue Targets

Following the strong Q1 performance, analysts have upgraded their projections across the board. Revenue is expected to grow consistently above 30% in the upcoming quarters, supported by solid demand in the grid infrastructure segment.

EPS for FY26 is now forecast to surpass ₹40, up from earlier estimates, while annual net profit is projected to cross ₹1,100 crore. Brokerages cite expanding margins, rising project execution, and sustained growth in core operations as reasons for upward revisions. The company’s clean balance sheet and strong return ratios further reinforce its long-term outlook.

Key Financial Metrics Signal Strong Fundamentals and High Industry Ranking

GE Vernova T&D India Ltd continues to outperform peers across several valuation and profitability benchmarks. The company’s market capitalisation currently stands at ₹66,495.3 crore, with a trailing P/E of 86.9, one of the highest in the industry. It maintains a PEG ratio of 0.5, indicating undervaluation relative to its growth rate. Institutional holdings have increased to 41.24%, reflecting growing confidence.

The company also reported a TTM revenue growth of 36.8% and net profit growth of 166.2%, both ranking among the top in its sector. Its return on equity (ROE) is 34.3%, and return on assets (RoA) stands at 13%. Moreover, GE Vernova T&D delivered quarterly returns of 64.7% versus Nifty50, and 54.5% over its sector, reaffirming its leadership among mid-cap electrical equipment stocks.

Trading Snapshot: Share Hits ₹2,597, No Sellers in Sight

As of 11:31 AM IST, the stock was trading at ₹2,597 with the day’s open, high, and low all at the same level — indicating a locked upper circuit. The price moved up ₹123.60 or 5.00%, reflecting heavy buying.

Trading Snapshot (as of 11:31 AM IST):

• Last Traded Price: ₹2,597.00
• Day’s Low / High: ₹2,597.00 / ₹2,597.00
• Previous Close: ₹2,473.40
• Price Change: +₹123.60 (+5.00%)
• Buy Quantity: 14,01,364 shares
• Sell Quantity: Nil
• Traded Volume: 0.42 lakh shares
• Traded Value: ₹11.01 crore
• VWAP (Volume Weighted Average Price): ₹2,597.00
• 52-Week High: ₹2,597.00 (30-Jul-2025)
• 52-Week Low: ₹1,254.00 (09-Apr-2025)
• Market Capitalisation: ₹66,495.29 crore
• P/E Ratio: 82.79
• Index Inclusion: NIFTY MIDCAP 150

GE Vernova T&D India Ltd: A Focused Power Transmission Player with Strong Fundamentals

GE Vernova T&D India Ltd, formerly GE T&D India Ltd, is a leading player in the heavy electrical equipment sector, providing grid infrastructure and transmission solutions. The company, listed since June 30, 2008, operates independently with no subsidiaries or joint ventures as of June 2025. Its inclusion in the NIFTY Midcap 150 index has further enhanced institutional visibility and attracted long-term investors. With a track record of consistent performance, it continues to be a key stock to watch in the infrastructure and energy transition space.

REF: https://nsearchives.nseindia.com/corporate/GETDIL1_29072025182134_GETDOutcomeoftheBoardMeetingJuly292025.pdf

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