Companies›Industrials›Capital Goods›Electrical Equipment

GEE LTD.

Capital Goods › Electrical Equipment
₹118.90
at close · 8 Oct 2026
▼ 3.05 (-2.50%)

Latest filings

  1. RTA compliance certificate for share demat activity in Q2 FY27 · Compliance
  2. Intimation of Plant Visit by Analysts and Investors on 9 October in Kolkata · Investor Communications
  3. GEE Ltd to attend Arihant Capital virtual investor conference on Sep 30 · Board & Shareholder Meetings
All filings ↓
Ask Nexa about GEE LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes welding consumables — electrodes, SAW wire, and flux cored wires — from plants in Maharashtra and Kolkata, serving defence, nuclear, thermal power, railways and shipbuilding. Supplied welding consumables for the Indian Navy's INS Vikrant aircraft carrier and was sole supplier for three warships (INS Dunagiri, INS Agray, INS Sanshodhak) commissioned in June 2026. Holds NPCIL approval for nuclear power consumables and supplies P91/P92 grade creep-resistant electrodes developed for thermal power (including Adani Power). Plans to begin flux cored wire production in July 2026, targeting INR50+ crore annual revenue from this new line. Currently runs at 57-58% capacity utilization, with plans to scale to 80-90%. Exports to Europe run at over 250 tons per month. Separately, a ~13,000 sq m land parcel at Thane's Wagle Industrial Estate is being monetized under a development agreement to generate INR400 crore cash flow over five years. Materials at 69.3% of revenue are the largest cost item.

Operating scale
Capacity utilization
57-58%FY26
Exports to Europe
250+ tons/monthFY26
INS Vikrant consumables share
70-80%
Thane land parcel
~13,000 sq m at Wagle Industrial Estate
Indian welding industry size
INR 15,000-20,000 crore
Defence revenue target FY27
INR 25 crore
Who pays it
Defence (Indian Navy, MDL, GRSE), nuclear (NPCIL), thermal power (Adani), railways, and export customers in Europe
Biggest cost
Materials (steel, alloys) at 69.3% of revenue
Kind of business
Specialty welding consumables manufacturer with growing defence and nuclear sector exposure
Where it sits
Sole supplier of welding consumables for three Indian Navy warships commissioned in June 2026; one of few Indian companies with NPCIL approval for nuclear power applications
Market Cap
₹618 Cr
P / E (TTM)
24.4×
EV / EBITDA
21.8×
Div Yield
—
Growth
7.9%▲
Revenue 5y CAGR
PAT +0.5% · EBITDA +2.9%
Quality
11.2%·
ROCE (5y median)
ROE 6.0% (5y median) · margin 8.5%
Leverage
0.30·
Debt / Equity · low
Net debt ₹63 Cr
Revenue FY21→FY26
1.5×▲
Margin −1.5 pts
₹253 Cr → ₹369 Cr
Cash conversion
1.29×▲
Operating cash ÷ profit · 5 yrs
₹52 Cr on ₹40 Cr
Moves on a normal day
1.39%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 56 Other Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#26/52
P/B#21/49
ROCE#38/55
ROE#37/50
Debt / Equity#27/50
EBITDA margin#39/51
Revenue growth#22/46
Profit growth#12/45

Scorecard

Measured from the filed financials, judged against its Other Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹40 Cr of profit and ₹52 Cr of operating cash — 1.29×
Profit is converting into cash
Concerns
Heavy working capital — 123 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from GEE LTD.'s filed financials and exchange disclosures

What does GEE LTD. do?

GEE LTD. is a Electrical Equipment company listed on BSE.

Is GEE LTD. profitable?

Yes. Over the trailing twelve months GEE LTD. reported a net profit of ₹13 Cr on revenue of ₹369 Cr.

Does GEE LTD. pay a dividend?

Not in the latest reported year — GEE LTD.'s dividend payout for FY26 was nil.

Is GEE LTD. debt-free?

No. It reported borrowings of ₹64 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹63 Cr after cash. Debt stands at 0.30× equity. That is higher than 53% of its 50 Other Electrical Equipment peers.

Is GEE LTD. expensive compared with its peers?

On trailing P/E, GEE LTD. ranks 26 of 52 in Other Electrical Equipment — cheaper than 51% of them, against an industry median of 24.6×. This is a position, not a valuation judgement.

How much does the GEE LTD. share price move in a day?

On a typical session GEE LTD. moves 1.39% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track GEE LTD.'s announcements?

Every NSE and BSE filing by GEE LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.