GE Power India Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹522.59Overvalued by 20.70%vs CMP ₹659.00

P/E (12.0) × ROE (62.2%) × BV (₹86.60) × DY (1.06%)

₹669.98Fairly Valued by 1.67%vs CMP ₹659.00
MoS: +1.6% (Thin)Confidence: 50/100 (Moderate)Models: 2 Under, 5 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹1,282.7830%Under (+94.7%)
Graham NumberEarnings₹296.6418%Over (-55%)
DCFCash Flow₹1,106.8314%Under (+68%)
Net Asset ValueAssets₹86.5810%Over (-86.9%)
Earnings YieldEarnings₹451.6010%Over (-31.5%)
ROCE CapitalReturns₹123.7712%Over (-81.2%)
Revenue MultipleRevenue₹155.757%Over (-76.4%)
Consensus (7 models)₹669.98100%Fairly Valued
Key Drivers: EPS CAGR 145.5% lifts DCF — verify sustainability. | Wide model spread (₹87–₹1,283) — 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

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 9:16 pm +05:30. Annual results through Mar 2025; quarterly results through Sep 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

GE Power India Ltd: the stored intrinsic value estimate is ₹669.98, compared with a stored share price of ₹659.00. The model value is 1.7% above that quote. The model classifies this as fairly valued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation.

Operating performance

Revenue for Mar 2025 was ₹1,047.00 Cr, versus ₹1,039.00 Cr in Mar 2024 (0.8% year on year). Net profit for Mar 2025 was ₹203.00 Cr, versus ₹-171.00 Cr in Mar 2024 (a return to profit). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹379.00 Cr against net profit of ₹203.00 Cr. Cash flow covered 1.87 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

Balance-sheet check

Reported borrowings were ₹18.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

74
GE Power India Ltd scores 74/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health76/100 · Strong
ROCE 82.0% ExcellentROE 62.2% ExcellentD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 2/5 available years Reported history
Smart Money85/100 · Strong
FII holding up 1.06% (6mo) AccumulatingDII holding up 0.65% MF buyingPromoter 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 Rank80/100 · Strong
P/E 12.0 vs industry 23.7 Lower P/EROCE 82.0% vs industry 14.7% Above peersROE 62.2% vs industry 11.8% Above peers3Y sales CAGR: -26% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

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Share Price and Basic Stock Data

Last Updated: September 24, 2026, 9:16 pm

Market Cap 4,430 Cr.
Current Price 659
Intrinsic Value₹685.38
High / Low 1,084/271
Stock P/E12.0
Book Value 86.6
Dividend Yield1.06 %
ROCE82.0 %
ROE62.2 %
Face Value 10.0
PEG Ratio0.08

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

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 4,430 Cr. 659 1,084/27112.0 86.61.06 %82.0 %62.2 % 10.0
J Kumar Infraprojects Ltd 3,622 Cr. 478 672/4259.34 4440.84 %18.3 %12.3 % 5.00
Dilip Buildcon Ltd 6,702 Cr. 413 552/38212.0 4200.24 %13.1 %5.55 % 10.0
Brahmaputra Infrastructure Ltd 441 Cr. 153 209/80.07.22 1190.00 %18.2 %18.9 % 10.0
Ekansh Concepts Ltd 311 Cr. 206 270/143 30.00.00 %1.43 %6.54 % 10.0
Industry Average1,638.10 Cr123.5823.7395.460.28%14.65%11.77%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.

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Balance Sheet

Last Updated: June 29, 2026, 4:30 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 676767676767676767676767
Reserves 9117587607618158499046091652249515
Borrowings 000001374533883591632918
Other Liabilities 2,0902,7623,0393,0852,6772,3162,5692,3942,2722,3491,6671,538
Total Liabilities 3,0693,5883,8673,9133,5593,3703,9933,4582,8642,5812,0122,138
Fixed Assets 396374350271151307283133110986340
CWIP 5039289125221443
Investments 03333331013193046
Other Assets 2,6223,1723,4863,6303,3943,0563,7053,3122,7402,4611,9152,049
Total Assets 3,0693,5883,8673,9133,5593,3703,9933,4582,8642,5812,0122,138

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 1896243048-241-563-4784990182379469
Cash from Investing Activity + 367-182-91-70022391763-56-356-436
Cash from Financing Activity + -111-84-2-28-39-86254-79-48-226-128-47
Net Cash Flow 445-205337-680-57267-160-3548-47308-14
Free Cash Flow 1923540636-229-465-4734487180376467
CFO/OP 163%-44%816%42%-81%-314%-268%-45%-24%-110%3,772%189%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
PeriodMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Free Cash Flow192.0035.00406.0036.00-229.00-465.00-473.0044.0087.00180.00376.00467.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

No data available for the Financial Efficiency data table.

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
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 0.23%0.11%0.25%0.39%0.43%0.85%0.41%0.56%0.11%0.15%1.26%1.17%
DIIs 5.27%3.87%3.50%2.99%2.80%2.80%2.30%0.46%0.40%0.43%1.13%1.05%
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 25.53%27.04%27.27%27.65%27.79%27.39%28.32%30.01%30.51%30.45%28.65%28.81%
No. of Shareholders 59,30461,26261,20163,52470,29971,74771,86873,48070,32167,50067,30069,908

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

Frequently asked questions

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

GE Power India Ltd: the stored intrinsic value estimate is ₹669.98, compared with a stored share price of ₹659.00. The model value is 1.7% above that quote. The model classifies this as fairly valued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for GE Power India Ltd?

The stored share price is ₹659.00. Price-data record updated: 24 September 2026, 9:16 pm +05:30. This is not a live quote. The stored 52-week high / low is 1,084/271; this is a rolling range, not a financial-year range.

How have GE Power India Ltd's revenue and profit changed?

Revenue for Mar 2025 was ₹1,047.00 Cr, versus ₹1,039.00 Cr in Mar 2024 (0.8% year on year). Net profit for Mar 2025 was ₹203.00 Cr, versus ₹-171.00 Cr in Mar 2024 (a return to profit). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Does GE Power India Ltd's profit convert into cash?

For the same Mar 2025 period, operating cash flow was ₹379.00 Cr against net profit of ₹203.00 Cr. Cash flow covered 1.87 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

What should I check in GE Power India Ltd's balance sheet?

Reported borrowings were ₹18.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare GE Power India Ltd's P/E with other stocks?

The stored P/E is 12.00. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change GE Power India Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.

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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