GE Vernova T&D shares hit 10% upper circuit as Q4 profit nearly triples, Nomura issues a Buy call

GE Vernova T&D India shares hit 10% upper circuit after Q4 net profit nearly triples to Rs 186 crore

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Shares of power transmission and distribution player GE Vernova T&D India jumped 10 percent to hit the upper circuit on May 26 after a strong Q4FY25 earnings, hitting the highest level seen in over four months.

GE Vernova T&D India reported a net profit of Rs 186.5 crore for the fourth quarter of the financial year 2025, nearly three times higher than the Rs 66.3 crore net profit reported in the same period of financial year 2024. Its revenue from operations jumped 26 percent on-year to Rs 1,152.54 crore for Q4 FY25.

GE Vernova also announced a final dividend of Rs 250 per share for the financial year 2025. For the quarter under review, the company reported an EBITDA of Rs 252 crore, marking a significant jump of over 127 percent over the Rs 111 crore EBITDA reported for the year-ago period. EBITDA margin also nearly doubled to 21.9 percent in Q4 FY25.

"Our robust performance in FY24-25 with a strong order book and significant margin expansion reflects continued robust demand for our technology as India modernizes its power infrastructure. It also speaks to our unwavering commitment to operational efficiency and the significant potential we have for business growth. As we enhance our electrification manufacturing and engineering capabilities, we are firmly positioning the company to contribute significantly to building a more reliable and modern grid for India," said Sandeep Zanzaria, Managing Director & CEO of GE Vernova T&D India.

The shares of the company have gained over 35 percent in the past one month. The stock, however, has seen only one percent overall increase in 2025 so far.

Also Dead: Balkrishna Industries plunges 10% on weak Q4; Nomura downgrades to 'neutral'

Nomura has maintained its 'Buy' rating on the stock, with a target price of Rs 2,600 apiece, implying an upside potential of nearly 38 percent from the previous closing price.

GE Vernova T&D India is a prominent player in the power transmission and distribution solutions segment.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.