GE Power India Limited has informed the Exchange about Transcript
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GE Power India reported strong Q4 FY26 results with revenue of INR 316 crores (up 19% YoY) and FY26 revenue of INR 1,269 crores (up 21%). Profit before tax from continuing operations was INR 119 crores in Q4 (vs loss of INR 15 crores) and INR 340 crores for full year (vs INR 22 crores). The improvement was driven by operational excellence and one-off items including INR 116 crore ECL reversal from BHEL settlement, INR 22 crore from Solapur EOT/LD settlement, and INR 18 crore insurance claims. Core orders grew 32% YoY, and the order backlog stands at INR 1,628 crores focused on higher-margin service opportunities. The company recommended dividend of INR 7 per share (70% of face value), the highest in 10 years. Key developments include completion of BHEL and Jaypee settlements, progress on Durgapur demerger with JSW Energy (target closure within 12 months), and expansion into 13 international markets. Management highlighted a target market of INR 3,500-4,000 crores with ~18% market share.
The company's strategic shift to service-led, margin-accretive business is showing results with improved profitability and cash position (net cash INR 880 crores). The normalized EBITDA of 11% reflects underlying operational strength, and the strong dividend signals confidence in sustained financial improvement.