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Last Updated on: 27 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of GE T&D India Ltd

About the Company - GE T&D India Ltd

GE T&D India Ltd. is a Public Limited Listed company incorporated on 13/03/1957 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L31102DL1957PLC193993 and registration number is 193993. Currently Company is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company’s Total Operating Revenue is Rs. 3065.95 Cr. and Equity Capital is Rs. 51.21 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Power - Transmission/EquipmentA-18, First Floor, FIEE Complex, New Delhi Delhi 110020anupriya.garg@ge.com
http://www.ge.com/in/ge-td-india-limited
Management
NamePosition Held
Mr. Mahesh S PalashikarChairman & Director
Mr. Sandeep ZanzariaManaging Director & CEO
Mr. Sushil KumarWholeTime Director & CFO
Mr. Johan BindeleDirector
Mr. Rakesh NathIndependent Director
Dr. Kirit S ParikhIndependent Director
Mr. Sanjay SagarIndependent Director
Ms. Neera SaggiIndependent Director

Basic Stock Data of GE T&D India Ltd

Last Updated: July 26, 2024, 10:46 pm

Market Cap 40,190 Cr.
Current Price 1,568
High / Low1,762/234
Stock P/E222
Book Value 48.5
Dividend Yield0.00 %
ROCE22.2 %
ROE15.6 %
Face Value 2.00
PEG Ratio3.09

Data Source: screener.in

GE T&D India Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1,034904638852914662593701777703718698839
Expenses977860637832885821571695731675667637742
Operating Profit574512029-1592254628516197
OPM %6%5%0%2%3%-24%4%1%6%4%7%9%12%
Other Income497001134922-8-1129-4
Interest158111414-181012131177
Depreciation16161616161013141415131312
Profit before tax7527-25-100-3510412-0395073
Tax %26%40%24%20%124%36%38%35%62%-12,692%27%26%32%
Net Profit5616-19-8-0-23635-15283749
EPS in Rs2.180.63-0.75-0.30-0.00-0.880.250.110.19-0.601.101.451.93

Last Updated: July 12, 2024, 9:02 am

GE T&D India Ltd Quarterly Chart

GE T&D India Ltd Profit & Loss

Last Updated: July 10, 2024, 5:13 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4,1393,1523,5243,7113,3034,0524,3324,2193,1593,4523,0662,7732,895
Expenses3,7052,8903,2113,3793,1973,9964,0573,7653,3543,2823,1552,6522,710
Operating Profit43426231333210757275454-195171-89121185
OPM %10%8%9%9%3%1%6%11%-6%5%-3%4%6%
Other Income30344411142141239495691362213
Interest125929291107182106858784596143
Depreciation101818782868890837866585554
Profit before tax23812317717056-73319335-35689-6927101
Tax %32%31%34%29%38%-18%35%36%15%32%29%106%
Net Profit1628411712134-87209213-30360-50-155
EPS in Rs6.803.524.574.711.35-3.388.158.31-11.822.36-1.94-0.062.14
Dividend Payout %26%51%39%38%134%-53%22%22%0%0%0%0%

GE T&D India Ltd Profit & Loss Yearly Chart

GE T&D India Ltd Growth

Compounded Sales Growth
10 Years:-1%
5 Years:-6%
3 Years:-3%
TTM:14%
Compounded Profit Growth
10 Years:4%
5 Years:-4%
3 Years:46%
TTM:8560%
Stock Price CAGR
10 Years:16%
5 Years:51%
3 Years:121%
1 Year:494%
Return on Equity
10 Years:3%
5 Years:-3%
3 Years:1%
Last Year:16%

Last Updated: July 24, 2024, 5:48 pm

GE T&D India Ltd Balance Sheet

Last Updated: July 10, 2024, 5:13 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital48485151515151515151515151
Reserves8298621,1981,2611,1279821,1381,3771,0001,0711,0291,0221,084
Borrowings5944184932805045181008159931622627386
Other Liabilities2,2762,8182,9572,9003,0903,5633,4792,6882,5032,6302,4612,3332,098
Total Liabilities3,7464,1454,7004,4924,7725,1144,7694,1964,1544,0693,7673,6793,319
Fixed Assets649620639687684656586513538494457421407
CWIP185411070332518512229910
Investments0000000000000
Other Assets3,0793,4723,9503,7354,0554,4334,1653,6793,6043,5543,3023,2502,902
Total Assets3,7464,1454,7004,4924,7725,1144,7694,1964,1544,0693,7673,6793,319

GE T&D India Ltd Reserves and Borrowings Chart

GE T&D India Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 412-141502-911881,054-355-2603118-37518
Cash from Investing Activity -71-119-137-50-47-306287-30121163-172
Cash from Financing Activity -296219-320120-131-585-114290-324-1029-259
Net Cash Flow45-4245-2011163-182-0-122-2687

GE T&D India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days159199238211228205152175219201186204
Inventory Days14312124729251154223413617714396119
Days Payable400316673766823805389247272275171197
Cash Conversion Cycle-983-188-262-84-58-46312569111127
Working Capital Days706993717745-95578483451
ROCE %21%14%18%16%10%7%30%31%-14%11%-9%8%

GE T&D India Ltd Financial Efficiency Indicators Chart

GE T&D India Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.46%0.29%0.26%0.25%0.25%0.27%0.26%0.26%0.37%0.59%0.69%1.20%
DIIs14.55%15.10%15.49%15.47%15.72%15.70%15.73%15.72%16.52%16.18%16.11%15.84%
Public9.99%9.61%9.25%9.28%9.03%9.04%9.01%9.02%8.11%8.23%8.20%7.96%
No. of Shareholders43,29042,05941,14341,86240,82539,06339,12338,86538,22639,71737,44344,121

GE T&D India Ltd Shareholding Pattern Chart

No. of GE T&D India Ltd Shareholders

GE T&D India Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Long Term Equity Fund12,194,3283.06481.9812,194,3282024-07-250%
SBI Small Cap Fund8,420,8401.57332.8312,194,3282024-07-25-30.94%
Nippon India Multi Cap Fund6,859,0481.3271.112,194,3282024-07-25-43.75%
Nippon India Large Cap Fund4,341,3911.03171.5912,194,3282024-07-25-64.4%
HSBC Value Fund1,566,8210.6761.9312,194,3282024-07-25-87.15%
SBI Conservative Hybrid Fund1,600,0000.6861.5412,194,3282024-07-25-86.88%
SBI Conservative Hybrid Fund - Div (Annual)1,600,0000.6861.5412,194,3282024-07-25-86.88%
SBI Conservative Hybrid Fund - Div (Monthly)1,600,0000.6861.5412,194,3282024-07-25-86.88%
SBI Infrastructure Fund1,113,7993.3644.0212,194,3282024-07-25-90.87%
Nippon India Value Fund509,7860.3620.1512,194,3282024-07-25-95.82%

GE T&D India Ltd ROCE Trend

GE T&D India Ltd EPS Trend

GE T&D India Ltd Key Financial Ratios

MonthDec 10
FaceValue10.00
Basic EPS (Rs.)39.05
Diluted EPS (Rs.)39.05
Cash EPS (Rs.)58.62
Book Value[Excl.RevalReserv]/Share (Rs.)209.51
Book Value[Incl.RevalReserv]/Share (Rs.)209.61
Revenue From Operations / Share (Rs.)843.15
PBDIT / Share (Rs.)92.20
PBIT / Share (Rs.)72.62
PBT / Share (Rs.)58.89
Net Profit / Share (Rs.)39.05
NP After MI And SOA / Share (Rs.)39.05
PBDIT Margin (%)10.93
PBIT Margin (%)8.61
PBT Margin (%)6.98
Net Profit Margin (%)4.63
NP After MI And SOA Margin (%)4.63
Return on Networth / Equity (%)18.63
Return on Capital Employeed (%)32.66
Return On Assets (%)4.17
Long Term Debt / Equity (X)0.05
Total Debt / Equity (X)0.89
Current Ratio (X)1.05
Quick Ratio (X)0.90
Dividend Payout Ratio (NP) (%)23.04
Dividend Payout Ratio (CP) (%)15.35
Earning Retention Ratio (%)76.96
Cash Earning Retention Ratio (%)84.65
Interest Coverage Ratio (X)6.71
Interest Coverage Ratio (Post Tax) (X)3.84
Enterprise Value (Cr.)2327.56
EV / Net Operating Revenue (X)0.57
EV / EBITDA (X)5.28
MarketCap / Net Operating Revenue (X)0.38
Retention Ratios (%)76.95
Price / BV (X)1.55
Price / Net Operating Revenue (X)0.38
EarningsYield0.12

GE T&D India Ltd Profitability Ratios (%)

GE T&D India Ltd Liquidity Ratios

GE T&D India Ltd Liquidity Ratios (%)

GE T&D India Ltd Interest Coverage Ratios (%)

GE T&D India Ltd Valuation Ratios

Fair Value

Fair Value: 1,713.25

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 9.26% compared to the current price 1568

Intrinsic Value: 2,943.11

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 87.70% compared to the current price 1568

Last 5 Year EPS CAGR: 71.79%

*Investments are subject to market risks

Strength and Weakness of GE T&D India Ltd Stock

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -16.33, which is a positive sign.
  2. The company has higher reserves (1,104.92 cr) compared to borrowings (320.83 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (3.15 cr) and profit (87.46 cr) over the years.
  1. The stock has a low average ROCE of 11.92%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 56.83, which may not be favorable.

FAQ

What is the latest fair value of GE T&D India Ltd?

The latest fair value of GE T&D India Ltd is ₹1713.25.

What is the Market Cap of GE T&D India Ltd?

The Market Cap of GE T&D India Ltd is 40,190 Cr..

What is the current Stock Price of GE T&D India Ltd as on 27 July 2024?

The current stock price of GE T&D India Ltd as on 27 July 2024 is 1,568.

What is the High / Low of GE T&D India Ltd stocks in FY 2024?

In FY 2024, the High / Low of GE T&D India Ltd stocks is 1,762/234.

What is the Stock P/E of GE T&D India Ltd?

The Stock P/E of GE T&D India Ltd is 222.

What is the Book Value of GE T&D India Ltd?

The Book Value of GE T&D India Ltd is 48.5.

What is the Dividend Yield of GE T&D India Ltd?

The Dividend Yield of GE T&D India Ltd is 0.00 %.

What is the ROCE of GE T&D India Ltd?

The ROCE of GE T&D India Ltd is 22.2 %.

What is the ROE of GE T&D India Ltd?

The ROE of GE T&D India Ltd is 15.6 %.

What is the Face Value of GE T&D India Ltd?

The Face Value of GE T&D India Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 T&D 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