Fabricates heavy engineering equipment for OEM customers in cement, thermal power, hydro power, steel, mining and infrastructure sectors, an activity it has been carrying out since 1978 from its facility in Mandideep, Bhopal. FY26 revenue was ₹101.52 crore, with materials accounting for 74% of revenue, the largest cost line. Profit after tax for FY26 came in at ₹14.22 crore, and the EBITDA margin was 19.88%; Q4 was hit by temporary labour and logistics constraints that deferred dispatches. The company is expanding into small hydro power generation by acquiring a 51% stake in Chirchind Hydro Power Private Limited (CHPPL), adding a new line alongside its existing fabrication business; CHPPL's subsidiary Shivalik Energy has become a step-down subsidiary. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Heavy engineering and fabrication, Small hydro power generation. Heavy engineering fabrication for industrial OEMs, diversifying into hydro power
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 77 | 96 | 121 | 103 | 102 |
| EBITDA (ex other income) | 1 | 3 | 5 | 16 | 18 |
| margin % | 1.9 | 2.7 | 4.5 | 15.7 | 18.1 |
| Owners' profit | 1 | 4 | 5 | 11 | 14 |
| EPS, as reported (₹) | 2.93 | 13.12 | 17.31 | 35.36 | 3.03 |
| ROE % · ROCE % | 3.4 · 5.5 | 13.2 · 15.1 | 14.9 · 19.0 | 23.4 · 32.2 | 23.3 · 31.0 |
| Debt / equity (x) | 0.22 | 0.24 | 0.48 | 0.24 | 0.12 |
| Cash from operations | (7) | (0) | 5 | 2 | 3 |
| Capex | (0) | (1) | (2) | (1) | (6) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 33 | 24 | 24 | 22 | 17 | 25 | 29 | 32 |
| Profit before tax | 2 | 2 | 6 | 6 | 3 | 5 | 8 | 4 |
| Net profit | 1 | 1 | 4 | 4 | 2 | 4 | 6 | 3 |
| EPS (₹) | 4.38 | 3.69 | 13.53 | 13.76 | 6.67 | 0.75 | 1.18 | 0.66 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · GTV Engineering publishes 35th AGM notice in newspapers | compliance | minimal | — | — |
| 5 Sept 2026 · Annual Report FY 2025-2026 filed; 35th AGM on Sep 29, 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · GTV Engineering 35th AGM notice on Sep 29, 2026 with 8 resolutions | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Board meeting outcome: new auditor and independent director appointed | management changes | high | — | — |
| 2 Sept 2026 · Board approves director appointment, Rs 75 Cr loan limit, AGM on Sep 29 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Board meeting on Sept 2 to consider FY27 related party deals and AGM matters | regulatory legal | low | — | — |
| 20 Aug 2026 · GTV Engineering Publishes Postal Ballot Notice in Newspapers | compliance | minimal | — | — |
| 18 Aug 2026 · Postal Ballot: Bonus Issue 2:1 and Authorised Capital Hike | board shareholder meetings | low | — | — |
| 17 Aug 2026 · GTV Engineering files Q1 FY27 results newspaper clippings with BSE | compliance | minimal | — | — |
| 14 Aug 2026 · Board recommends 2:1 bonus share issue, subject to shareholder approval | corporate actions | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| JYOTI CNC AUTOMATION LTD |
| 22,490 |
| 69.9 |
| 11.24 |
| 39.7 |
| 16.8 |
| 19.2 |
| — |
| 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.5 | 26.9 | 13 of 138 | 91% |
| P/B | 4.6 | 3.5 | 66 of 111 | 41% |
| ROCE | 30.8 | 11.3 | 9 of 144 | 94% |
| ROE | 23.3 | 9.5 | 10 of 117 | 92% |
| Debt / Equity | 0.1 | 0.2 | 52 of 117 | 56% |
| EBITDA margin | 13.6 | 12.4 | 50 of 110 | 55% |
| Revenue growth | 42.7 | 20.6 | 29 of 114 | 75% |
| Profit growth | (27.6) | 17.1 | 79 of 109 | 28% |
| Market cap | 283 | 356 | 73 of 140 | 48% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
