GE Power India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹1,049.37Undervalued by 97.62%vs CMP ₹531.00

P/E (21.3) × ROE (105.0%) × BV (₹57.50) × DY (2.00%)

₹1,037.41Undervalued by 95.37%vs CMP ₹531.00
MoS: +48.8% (Strong)Confidence: 50/100 (Moderate)Models: 2 Under, 5 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹2,575.8630%Under (+385.1%)
Graham NumberEarnings₹241.7118%Over (-54.5%)
DCFCash Flow₹1,106.3914%Under (+108.4%)
Net Asset ValueAssets₹57.4110%Over (-89.2%)
Earnings YieldEarnings₹451.6010%Over (-15%)
ROCE CapitalReturns₹83.7412%Over (-84.2%)
Revenue MultipleRevenue₹155.737%Over (-70.7%)
Consensus (7 models)₹1,037.41100%Undervalued
Key Drivers: EPS CAGR 145.5% lifts DCF — verify sustainability. | Wide model spread (₹57–₹2,576) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 145.5%

*Investments are subject to market risks

Analyst Summary

GE Power India Ltd operates in the Infrastructure - General segment, NSE: GVPIL | BSE: 532309, current market price is ₹531.00, market cap is 3,570 Cr.. At a glance, stock P/E is 21.3, ROE is 105 %, ROCE is 6.09 %, book value is 57.5, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹1,037.41, which is about 95.4% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹1,047 Cr versus the prior period change of 0.8%, while latest net profit is about ₹203 Cr with a prior-period change of 218.7%. The 52-week range shown on this page is 552/212, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGE Power India Ltd. is a Public Limited Listed company incorporated on 02/09/1992 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L7…

This summary is generated from the stock page data available for GE Power India Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

60
GE Power India Ltd scores 60/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health54/100 · Moderate
ROCE 6.1% WeakROE 105.0% ExcellentD/E 0.32 ModerateInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent
Smart Money40/100 · Moderate
FII holding stable No changeDII holding down 1.87% MF sellingPromoter holding at 68.6% Stable
Earnings Quality50/100 · Moderate
OPM stable around -10% Steady
Quarterly Momentum90/100 · Strong
Revenue (4Q): +15% YoY GrowingProfit (4Q): +155% YoY StrongOPM: 10.0% (up 5.0% YoY) Margin expansion
Industry Rank65/100 · Strong
P/E 21.3 vs industry 95.3 Cheaper than peersROCE 6.1% vs industry 9.8% AverageROE 105.0% vs industry 14.4% Above peers3Y sales CAGR: -26% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 25, 2026, 10:41 pm

Market Cap 3,570 Cr.
Current Price 531
Intrinsic Value₹1,037.41
High / Low 552/212
Stock P/E21.3
Book Value 57.5
Dividend Yield0.00 %
ROCE6.09 %
ROE105 %
Face Value 10.0
PEG Ratio0.15

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for GE Power India Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
GE Power India Ltd 3,570 Cr. 531 552/21221.3 57.50.00 %6.09 %105 % 10.0
J Kumar Infraprojects Ltd 3,899 Cr. 515 766/4259.71 4190.78 %20.0 %13.8 % 5.00
Brahmaputra Infrastructure Ltd 442 Cr. 152 179/43.06.60 1090.00 %10.8 %11.0 % 10.0
Ekansh Concepts Ltd 356 Cr. 235 308/123961 33.30.00 %4.41 %1.88 % 10.0
Power & Instrumentation (Gujarat) Ltd 244 Cr. 115 196/90.618.1 65.50.17 %19.8 %14.5 % 10.0
Industry Average1,509.64 Cr124.9095.2990.100.20%9.84%14.41%8.15

All Competitor Stocks of GE Power India Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 428533344424241294247246217317266287281
Expenses 553545464556267292262265207329301287253
Operating Profit -125-12-119-132-262-16-1810-12-35028
OPM % -29%-2%-35%-31%-11%1%-6%-7%5%-4%-13%0%10%
Other Income 3221717-161164227012374416
Interest 15141816169181094266
Depreciation 5565444434433
Profit before tax -113-30-126-136-62026-1067-191973535
Tax % 0%372%3%0%0%0%0%0%0%0%17%0%8%
Net Profit -113-139-130-136-62026-1067-191643532
EPS in Rs -16.74-20.72-19.29-20.20-9.200.063.86-1.429.95-2.7624.435.164.81

Last Updated: January 12, 2026, 8:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 1, 2026, 6:30 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2,6052,1241,7111,9931,3381,9032,4463,3432,6201,7961,0391,0471,219
Expenses 2,4081,9481,8861,9411,2031,7122,2943,1792,7642,1081,1841,0981,102
Operating Profit 198177-17653135191152164-144-313-145-50118
OPM % 8%8%-10%3%10%10%6%5%-5%-17%-14%-5%10%
Other Income 20717318492-94015766-58160312255
Interest 24103160325469819777714419
Depreciation 61737260513166504423151413
Profit before tax 320266-94264214617399-291-331-171203340
Tax % 28%34%-39%110%37%48%51%29%-1%33%0%0%
Net Profit 231177-58-227758570-289-441-171203304
EPS in Rs 34.3126.31-8.63-0.373.9611.2212.5810.48-42.96-65.54-25.4930.2045.16
Dividend Payout % 41%38%0%-820%76%54%16%10%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-23.38%-132.77%96.55%1450.00%177.78%13.33%-17.65%-512.86%-52.60%61.22%218.71%
Change in YoY Net Profit Growth (%)0.00%-109.39%229.32%1353.45%-1272.22%-164.44%-30.98%-495.21%460.26%113.82%157.49%

GE Power India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: January 7, 2026, 3:42 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 67676767676767676767676767
Reserves 8639117587607618158499046091652249319
Borrowings 0000001374533883591632920
Other Liabilities 2,1862,0902,7623,0393,0852,6772,3162,5692,3942,2722,3491,6671,515
Total Liabilities 3,1173,0693,5883,8673,9133,5593,3703,9933,4582,8642,5812,0121,921
Fixed Assets 444396374350271151307283133110986344
CWIP 245039289125221443
Investments 003333331013193035
Other Assets 2,6492,6223,1723,4863,6303,3943,0563,7053,3122,7402,4611,9151,839
Total Assets 3,1173,0693,5883,8673,9133,5593,3703,9933,4582,8642,5812,0121,921

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 2231896243048-241-563-4784990182320
Cash from Investing Activity + 25367-182-91-70022391763-56-354
Cash from Financing Activity + -83-111-84-2-28-39-86254-79-48-226-66
Net Cash Flow 165445-205337-680-57267-160-3548-47308
Free Cash Flow 3391923540636-229-465-4734487180314
CFO/OP 133%163%-44%816%42%-81%-314%-268%-45%-24%-110%-585%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow198.00177.00-176.0053.00135.00191.0015.00-289.00-532.00-672.00-308.00-79.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

No data available for the Financial Efficiency data table.

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 68.58%68.58%68.58%68.58%68.58%68.58%68.58%68.58%68.58%68.58%68.58%68.58%
FIIs 0.15%0.07%0.23%0.11%0.25%0.39%0.43%0.85%0.41%0.56%0.11%0.15%
DIIs 8.73%8.44%5.27%3.87%3.50%2.99%2.80%2.80%2.30%0.46%0.40%0.43%
Government 0.39%0.39%0.39%0.39%0.39%0.39%0.39%0.39%0.39%0.39%0.39%0.39%
Public 22.14%22.52%25.53%27.04%27.27%27.65%27.79%27.39%28.32%30.01%30.51%30.45%
No. of Shareholders 56,51656,72659,30461,26261,20163,52470,29971,74771,86873,48070,32167,500

Shareholding Pattern Chart

No. of Shareholders

GE Power India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Multi Cap Fund 1,900,000 0.21 57.21,900,0002025-04-22 15:56:580%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 30.20-25.49-65.54-42.9610.48
Diluted EPS (Rs.) 30.20-25.49-65.54-42.9610.48
Cash EPS (Rs.) 30.68-23.34-62.63-36.9017.93
Book Value[Excl.RevalReserv]/Share (Rs.) 47.1010.2334.59100.52144.52
Book Value[Incl.RevalReserv]/Share (Rs.) 47.1010.2334.59100.52144.52
Revenue From Operations / Share (Rs.) 155.75241.67267.11389.77497.25
PBDIT / Share (Rs.) 0.17-13.42-35.74-3.3037.60
PBIT / Share (Rs.) -1.98-16.41-39.09-9.8130.15
PBT / Share (Rs.) -5.66-26.34-49.72-43.6714.76
Net Profit / Share (Rs.) 28.53-26.34-65.98-43.4110.48
NP After MI And SOA / Share (Rs.) 30.19-25.48-65.53-42.9610.48
PBDIT Margin (%) 0.11-5.55-13.38-0.847.56
PBIT Margin (%) -1.27-6.79-14.63-2.516.06
PBT Margin (%) -3.63-10.89-18.61-11.202.96
Net Profit Margin (%) 18.31-10.89-24.70-11.132.10
NP After MI And SOA Margin (%) 19.38-10.54-24.53-11.022.10
Return on Networth / Equity (%) 64.10-248.98-189.48-42.737.25
Return on Capital Employeed (%) -3.36-49.66-63.37-7.7416.64
Return On Assets (%) 10.08-6.63-15.38-8.351.76
Total Debt / Equity (X) 0.001.481.250.430.32
Asset Turnover Ratio (%) 0.450.590.560.700.90
Current Ratio (X) 1.130.961.041.151.23
Quick Ratio (X) 1.070.931.001.121.16
Inventory Turnover Ratio (X) 11.978.5910.8310.209.40
Dividend Payout Ratio (NP) (%) 0.000.000.00-2.3219.08
Dividend Payout Ratio (CP) (%) 0.000.000.00-2.7411.15
Earning Retention Ratio (%) 0.000.000.00102.3280.92
Cash Earning Retention Ratio (%) 0.000.000.00102.7488.85
Interest Coverage Ratio (X) 0.04-1.35-3.96-0.263.76
Interest Coverage Ratio (Post Tax) (X) -0.53-1.65-6.13-0.772.59
Enterprise Value (Cr.) 1235.661734.46736.311137.142017.56
EV / Net Operating Revenue (X) 1.181.070.410.430.60
EV / EBITDA (X) 1065.23-19.23-3.06-51.207.98
MarketCap / Net Operating Revenue (X) 1.601.100.370.390.57
Retention Ratios (%) 0.000.000.00102.3280.91
Price / BV (X) 5.3025.932.871.521.98
Price / Net Operating Revenue (X) 1.601.100.370.390.57
EarningsYield 0.12-0.09-0.66-0.280.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

GE Power India Ltd. is a Public Limited Listed company incorporated on 02/09/1992 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L74140MH1992PLC068379 and registration number is 068379. Currently Company is involved in the business activities of Construction of utility projects. Company's Total Operating Revenue is Rs. 1047.10 Cr. and Equity Capital is Rs. 67.23 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Infrastructure - GeneralRegus Magnum Business Centers, Mumbai Maharashtra 400051Contact not found
Management
NamePosition Held
Mr. Mahesh Shrikrishna PalashikarChairman & Non-Exe.Director
Mr. Puneet BhatiaManaging Director
Mr. Neeraj Kumar NandaInd. Non-Executive Director
Mr. Ashok Kumar BaratInd. Non-Executive Director
Mr. Aashish GhaiWholeTime Director & CFO
Ms. Shukla WassanInd. Non-Executive Director

FAQ

What is the intrinsic value of GE Power India Ltd and is it undervalued?

As of 26 April 2026, GE Power India Ltd's intrinsic value is ₹1037.41, which is 95.37% higher than the current market price of ₹531.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (105 %), book value (₹57.5), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of GE Power India Ltd?

GE Power India Ltd is trading at ₹531.00 as of 26 April 2026, with a FY2026-2027 high of ₹552 and low of ₹212. The stock is currently near its 52-week high. Market cap stands at ₹3,570 Cr..

How does GE Power India Ltd's P/E ratio compare to its industry?

GE Power India Ltd has a P/E ratio of 21.3, which is below the industry average of 95.29. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is GE Power India Ltd financially healthy?

Key indicators for GE Power India Ltd: ROCE of 6.09 % is on the lower side compared to the industry average of 9.84%; ROE of 105 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is GE Power India Ltd profitable and how is the profit trend?

GE Power India Ltd reported a net profit of ₹203 Cr in Mar 2025 on revenue of ₹1,047 Cr. Compared to ₹-289 Cr in Mar 2022, the net profit shows an improving trend.

Does GE Power India Ltd pay dividends?

GE Power India Ltd has a dividend yield of 0.00 % at the current price of ₹531.00. The company is currently not paying meaningful dividends.

Last Updated: April 25, 2026, 10:41 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532309 | NSE: GVPIL
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in GE Power India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE