GE Vernova T&D India Ltd.
NSE: GVT&DGE Vernova T&D India Ltd.: A 30-second snapshot
GE Vernova T&D India (GVT&D) trades at ₹4,337.8, up 158% over the past 12 months and 20% over the past 3 months, with RSI at 51 (neutral). The trailing PE of 104.3 and forward PE of 76.7 reflect a 5-year revenue CAGR of 58% and earnings CAGR of 104%, placing it at the highest valuation multiple among the 6 infrastructure peers tracked. At a 10.5% drawdown from its 52-week high, the stock sits above both its 50-DMA (₹4,044) and 200-DMA (₹3,255).
P/E
104.3
Forward P/E
76.7
ROE
—
Debt / Equity
1.46
Profit Margin
+18.7%
Div. Yield
+0.1%
5Y ROE > 15%
1/5
5Y FCF > 0
2/5
Quality
58/100
News
2 headlines · 0 positive · 0 negative
Recent context
- ·A board meeting is scheduled for 18 May 2026 to review FY26 annual results — this is a near-term earnings disclosure event that may move the stock in either direction.
- ·News flow over the analysis window was limited to 2 neutral items; the stock's 158% 1-year gain has not been accompanied by a corresponding volume of news catalyst coverage in the data set.
- ·The stock sits 7.3% above its 50-DMA and 33.2% above its 200-DMA with RSI at 51, while the nearest resistance level of ₹4,344 is just 0.14% above the current price of ₹4,337.8.
Strengths
- +Revenue grew at a 5-year CAGR of 58% and earnings at 104% CAGR, reflecting rapid scaling in the power transmission and distribution segment.
- +Profit margin of 18.7% and a quality score of 57 rank first among the 6 infrastructure peers in the data set (BEL: 57, ABB: 47, CGPOWER: 45, Cummins: 24, L&T: 26).
- +Debt-to-equity of 1.46 with a falling debt trend suggests leverage is being reduced even as the business has expanded.
- +Forward PE of 76.7 implies the market is pricing in continued earnings growth; the gap between trailing (104.3) and forward (76.7) multiples suggests consensus expects roughly 36% earnings expansion in the coming year.
Weaknesses
- −Trailing PE of 104.3 is the highest among peers; at this multiple, any growth deceleration could result in significant multiple compression — the forward PE of 76.7 already assumes a substantial earnings step-up.
- −FCF was positive in only 2 of the available historical years and ROE data is unavailable; the fundamental consistency score of 41/100 and ROE above 15% in just 1 year point to limited historical earnings durability.
- −Debt-to-equity of 1.46 in an asset-intensive infrastructure business; current-ratio and interest-coverage figures are not available in the data set, making full liquidity assessment incomplete.
- −Dividend yield of 0.12% is minimal, consistent with reinvestment at growth stage — but it means return is entirely dependent on price appreciation rather than income.
Open questions
- ?Is the 104% 5-year earnings CAGR the result of a structural shift in India's grid-infrastructure spending cycle, or does it reflect a shorter-duration project pipeline that could normalise?
- ?How does GVT&D's order book composition (domestic vs. export, private vs. government) affect the sustainability of its revenue growth at the current rate?
- ?With FCF positive in only 2 of available years, how is the company financing its working capital as revenues scale — and what is the trajectory of cash conversion?
- ?At a PE of 104 versus the sector median of approximately 70, what earnings growth rate over the next 3–5 years would be required to justify the current valuation, and how does that compare to analyst consensus estimates?
Peer comparison: Infrastructure
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| GVT&D | GE Vernova T&D India Ltd.You're viewing | 104.3 | — | 57 |
| Industry avg | across 5 peers | 69.5 | +17.5% | 40 |
| BEL | Bharat Electronics Ltd. | 52.0 | — | 57 |
| ABB | ABB India Ltd. | 87.1 | — | 47 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 108.6 | +19.6% | 45 |
| LT | Larsen & Toubro Ltd. | 33.4 | +15.5% | 26 |
| CUMMINSIND | Cummins India Ltd. | 66.5 | — | 24 |
Technical state
Current price
₹4,337.80
SMA 50
₹4,044.59
SMA 200
₹3,255.71
RSI (14)
51.4 (neutral)
From 52w high
-10.5%
1Y return
+158.3%
3M return
+20.0%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highTrailing PE of 104.3 is the highest among the 6 infrastructure peers tracked (ABB: 87.1, CGPOWER: 108.6, BEL: 52.0, Cummins: 66.5, L&T: 33.4); at this multiple any deceleration from the 5-year earnings CAGR of 104% would compress the valuation sharply.
- mediumFCF was positive in only 2 of the available years and ROE data is missing; the consistency score of 41/100 with ROE above 15% in just 1 of available years indicates limited historical earnings quality behind the elevated multiple.
- mediumDebt-to-equity of 1.46 in an infrastructure business; while the debt trend is noted as falling, current-ratio and interest-coverage data are not available, leaving short-term liquidity unassessable from the current data set.
- lowOnly 2 news items were captured in the analysis window (both neutral); news sentiment is statistically thin. A board meeting to review FY26 results is scheduled for 18 May 2026 — a near-term event that may add information.
Cross-section contradictions
- Price is up 158% over 12 months and trades 7.3% above its 50-DMA and 33.2% above its 200-DMA, yet the fundamental consistency score is 41/100 and FCF was positive in only 2 of available historical years — price momentum is running well ahead of demonstrated earnings quality.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 24 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days