GE Power India Ltd (GVPIL) — shareholding pattern, promoter holding, financials and share price

About GE Power India Ltd (GVPIL)

GE Power India Ltd operates in the Heavy Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as GVPIL and on the BSE under scrip code 532309. Its ISIN is INE878A01011.

GE Power India Ltd is engaged in business of engineering, procurement & construction (EPC) of key equipment for thermal and hydro power plants. It is one of the leading players in the Indian power generation equipment market. [1]

GE Power India Limited (GE VERNOVA) designs, manufactures, supplies and services steam, hydro and related power plant equipment, and increasingly focuses on high‑margin, shorter‑cycle core services including outages, upgrades and spare parts for GE and non‑GE fleets across India; the company is transitioning to an asset‑light, service‑led operating model after demerger actions in 2025.

The company reported a strong quarter with Q3 revenue of INR 386 crores (up ~22% year‑on‑year) and profit before tax from continuing operations rising to INR 131 crores; balance sheet improvements include net cash rising to INR 657 crores as of December 2025, aided by settlements and provision reversals that materially boosted quarterly profitability and liquidity.

Listed peers in Heavy Electrical Equipment: Powerica Ltd, Transrail Lighting Ltd, Skipper Ltd, Shilchar Technologies Ltd, Indo Tech Transformers Ltd, Exicom Tele-Systems Ltd.

Valuation & Returns

10 Jul 2026

At ₹821.25 a share on 10 Jul 2026, GE Power India Ltd (GVPIL) was valued at a price-to-earnings ratio of 17.81x against an industry P/E of 52.37x and a price-to-book of 17.44x on a book value of ₹47.1 per share as of Mar 2025. Solomo computes return on equity of 97.9% and return on capital employed of 97.86% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.

P/E
17.81x
Industry P/E
52.37x
P/B
17.44x
EPS (TTM)
₹46.11
Book value / share
₹47.1
ROE
97.9%
ROCE
97.86%
ROA
15.41%
Debt / equity
0.09x
Dividend yield
0.85%
EBITDA margin
23.08%
52-week range
₹270.75 – ₹1,084

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2026

In the year ended Mar 2026, GE Power India Ltd (GVPIL) reported revenue of ₹1,269 crore, net profit of ₹253 crore and earnings per share of ₹37.58. That compares with revenue of ₹1,047 crore and net profit of ₹203 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.

In the quarter ended Mar 2026, revenue was ₹316 crore and net profit ₹113 crore (consolidated).

Consolidated annual results for GE Power India Ltd (GVPIL), Mar 2022 to Mar 2026. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue (₹ cr)2,6201,7961,0391,0471,269
Net profit (₹ cr)-289-441-171203253
EPS (₹)-42.96-65.54-25.4930.237.58
Compound annual growth for GE Power India Ltd (GVPIL). Stock price CAGR is price return and excludes dividends.
Measure10Y5Y3Y1Y
Sales growth-5.59%-15.61%-26.34%0.81%
Profit growth---218.48%
Stock price CAGR3%20%73%164%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 68.58% of GE Power India Ltd (GVPIL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.16% and domestic institutional investors (DII) hold 1.06%. Market capitalisation was ₹5,521 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.

Largest disclosed public shareholders in Jun 2026: HUF 1.25%, Aarti Bhatia 1.12%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202668.58%-1.16%1.06%31.42%
Mar 202668.58%-1.25%1.13%31.42%
Dec 202568.58%-0.15%0.44%31.42%
Sep 202568.58%-0.11%0.41%31.42%
Jun 202568.58%-0.56%0.47%31.42%
Mar 202568.58%-0.41%2.3%31.42%
Dec 202468.58%-0.85%2.8%31.42%
Sep 202468.58%-0.44%2.81%31.42%
Every quarter since Mar 2001 Filing data, not investment advice.