The shares of power transmission providers gained up to 4 percent after the company received two orders for the supply and supervision of high-voltage products, worth 155 Million Euros.
With a market capitalization of Rs 44,500.89 crore, the shares of GE T&D India Ltd were trading at Rs 1,738.00 per share, increasing around 1.60 percent as compared to the previous closing price of Rs 1,723.35 apiece.
Is GE T&D India a buy or sell? What is its Fair Value? What are the company's health parameters? What are the positive and negative factors driving the company -- ProTips? Know all the answers on the company's overview page here.
Reason for Rise:-
According to the company filing, GE T&D India Ltd received two orders for the supply and supervision of high-voltage products from Grid Solutions SAS, France & Middle East FZE, Dubai, respectively. The order is valued at 155 Million Euros which is taking place within 5 years.
Financial performance:-
Examining the company’s financial performance, revenue zoomed by 33 percent from Rs 718 crore in Q1FY24 to Rs 958 crore in Q1FY25, but during the same time frame, net profit jumped by 382 percent from Rs 28 crore to Rs135 crore.
Remarkable return and Order book:-
The stock has given a return of 80.83 percent in just six months and a multi-bagger return of 414.21 percent in a year, A shareholder’s investment of Rs. 1 lakh in the firm is worth Rs. 5.14 lakh in a year.
In FY24, GE T&D’s order book more than doubled, reaching Rs.62.7 billion from Rs.37 billion in FY23. This significant growth highlights the company’s robust performance and increased demand for its services.
Ratio analysis:-
The company’s critical ratios show that the return on equity zoomed from (0.13) percent in FY22-23 to 14.56 percent in FY23-24, while the return on capital employed dipped from 6.59 percent to 7.45 percent. The net profit margin (NPM) for fiscal year 23-24 is 5.71 percent.
Company Profile:-
GE T&D India Ltd has over a century of experience in power transmission and distribution, providing comprehensive solutions for connecting and evacuating electricity from generators to the grid.
Written by:- Abhishek Singh
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