GE Power India logo

GE Power India share price

NSE: GVPILBSE: 532309Electrical EquipmentSmall Cap

Formerly Alstom India
Last close ₹589.75down ₹19.15 (3.15%)BSE ₹591.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹608.90.

52-week range of traded prices to 23 Oct 2026
₹270.90Low, 27 Jan 2026₹1,084.00High, 22 Jun 2026
Market cap
₹3,965 Cr889th largest listed
P/E
14.6
P/E without one-offs
10.7
P/B
6.8
Dividend yield
1.19%
ROE
60.4%
ROE without one-offs
82.3%
ROCE
50.1%
Debt to equity
0.00
Volume, NSE
1,88,15548.4% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+88.6%over a year · Nifty 500 −9.8%

Results20-session average 2,00,830 shares a day, 48.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹309 Crdown 2.44%
Net profit
₹54 Crdown 52.54%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 4 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty. From the year to Mar 2025, the company reports a discontinued business.

₹ croreSep 2024Filed 7 NovDec 2024Filed 12 FebMar 2025Filed 24 JunJun 2025Filed 13 AugSep 2025Filed 13 NovDec 2025Filed 11 FebMar 2026Filed 14 MayJun 2026Filed 13 Aug
Revenue217317266287281386316309
Net profit67−1916435327211354
Net margin–––12.1%––––
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Sep 2024, Dec 2024, Mar 2025, Sep 2025, Dec 2025, Mar 2026 and Jun 2026: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

In the year to Mar 2026 the company reports one business segment, Power Generation equipments and related services, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018 and Mar 2025: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median17.3Industry median35.3
Price to book

At or below today's level on 67% of 1,962 trading days since Nov 2018.

LowestHighest
Its median5.7Industry median5.4
Dividend yield

At or below today's level on 97% of 2,443 trading days over the last 10 years.

LowestHighest
Its median0.32%Industry median0.36%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+55.6%+24.4%+23.6%1.8%
3 years+57.6%––0.6%
5 years+6.4%+29.1%−17.9%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021, Mar 2025 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters68.58%
  • Foreign institutions0.74%
  • Indian institutions0.70%
  • Governments0.39%
  • Individuals and others29.61%
Holder
GE Steam Power International BV (formerly GE Power India Tracking BV)Promoter68.58%
Aarti BhatiaResident individuals, over ₹2 lakh at face value1.12%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

1 fund disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Held unchanged
1
Fund
JM Financial Mutual Fund logoJM Small Cap FundJM Financial Mutual Fund76,0850.55%₹5.16 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Heavy Electrical Equipment, 48 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to GE Power India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Powerica logoPowericaPOWERICA6,258–––––––0.00%
Skipper logoSkipperSKIPPER5,78825.8––+17.2%+38.5%16.7%21.4%0.02%
Transrail Lighting logoTransrail LightingTRANSRAILL5,75714.22.56.9+15.3%+6.4%19.5%25.6%1.17%
Shilchar Technologies logoShilchar TechnologiesSHILCTECH4,04129.48.225.0−7.0%−16.3%32.8%31.8%0.35%
Indo Tech Transformers logoIndo Tech TransformersINDOTECH2,81228.37.521.1+22.0%+28.7%30.3%32.4%0.38%
Bharat Bijlee logoBharat BijleeBBL2,56322.91.317.2+18.3%−18.7%5.6%5.6%1.54%
Marsons logoMarsonsMARSONS2,03846.19.448.6––26.0%18.7%0.00%
Bajel Projects logoBajel ProjectsBAJEL1,77680.52.419.5––3.1%7.3%0.39%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹7.00 a share, year to Mar 2026.
Ex-dateTypePer share
31 Jul 2026Final₹7.00
2 Aug 2021Final₹1.00
2 Sep 2020Final₹2.00
15 Jul 2019Final₹6.00
12 Jul 2018Final₹3.00
21 Jul 2017Final₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

GE Power India share price by year

Each calendar year to 2025.GE Power India share price history

YearClose at year endChangeHighest closeLowest close
2025321.35−15.2%388.80218.12
2024378.75+66.5%634.90226.10
2023227.50+62.4%238.6098.20
2022140.05−44.3%264.95123.80
2021251.50−13.0%358.25230.05
2020289.05−61.2%811.95185.70
2019745.30−10.8%920.15679.95
2018835.10+14.8%999.40719.00
2017727.50+52.1%727.50476.40
2016478.45−30.7%695.20451.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026615.00615.00577.90589.75590.001,88,15548.4%
22 Oct 2026599.95620.35555.00608.90606.211,52,39045.0%
21 Oct 2026624.35625.75593.25598.75601.701,57,00453.3%
19 Oct 2026647.90647.90620.05622.15626.4795,77555.8%
16 Oct 2026626.45642.80618.90638.80631.921,20,38736.5%
15 Oct 2026650.00650.05623.25625.60630.221,76,68048.3%
14 Oct 2026640.00660.00638.10647.65651.101,64,68243.2%
13 Oct 2026638.70646.00628.10637.60635.001,44,23644.7%
12 Oct 2026660.10672.00636.35640.25643.752,22,02644.1%
9 Oct 2026663.45672.70638.60656.65656.372,15,59940.4%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
GE Power India Limited
NSE symbol
GVPIL
BSE code
532309
ISIN
INE878A01011
Industry
Electrical Equipment
Listed
Mar 2000 on BSE, Apr 2000 on NSE
Face value
₹10
Former symbols
GEPIL, AIL, APIL, ABBALPO
CIN
L74140MH1992PLC068379
Corporate identity number, the registrar of companies' code for it