GE T&D India Ltd.
Snapshot View

135.90 -1.00 ▼-0.7%

23 July 2021, 04:00:00 P.M.
Volume: 8,419

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electric Equipment Compare with Industry peers
Website http://www.ge.com/in/ge-td-india-limited
Financial Indicators
Market Cap 3,464.31 Cr.
Earnings per share (EPS) 2.36 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 57.43 Trailing Twelve Months Ending 2021-03
Industry PE 91.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 43.85 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.09 Calculated using Price: 135.30
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 25.60 Cr. 256,046,535 Shares
FaceValue 2
Company Profile

With over 100 years of presence in India, GE T&D India (formerly ALSTOM T&D India Limited) is a leading player in the Power Transmission & Distribution business with a product portfolio ranging from Medium Voltage to Ultra High Voltage (1200 kV) for Power Generation, Utility, Industry and Infrastructure markets. Alstom T&D previously known as Areva T&D India, incorporated in 1957 as English Electric Company, is engaged in power transmission and distribution.

In 2004 Alstom T&D joined the AREVA group, to form AREVA T&D. In 2016 the name of the company was changed to GE T&D India as the firm was taken over by US giant General Electric. GE had made an open offer following its $16.9 billion bid to acquire the global energy assets of French multinational Alstom.

Today, GE T&D is the listed entity of GE’s Grid Solutions business in India. With over 100 years of presence in India, GE T&D India is a leading player in the power transmission and distribution business. The company has a predominant presence in all stages of the power supply chain and offers a wide range of products and related services that include power transformers, circuit breakers, gas insulated switchgears, instrument transformers, substation automation equipment, digital software solutions, turnkey solutions for substation engineering and construction, Flexible AC Transmission Systems (FACTS), High Voltage DC (HVDC) and maintenance support.

Business area of the company

The company provides a versatile and robust range of solutions for connecting and evacuating power from generations sources onto the grid, providing utilities with the tools needed to support the increase in demand swiftly. GE T&D India offers products ranging from medium voltage to ultra-high voltage (1200 kV) for power generation, transmission and distribution industry.

Product Portfolio

  • Transformers
  • High Voltage Switchgear
  • Turnkey Solutions
  • Power Electronics
  • Grid Automation
  • Services
  • Software Solutions

Awards and recognitions

  • 2017-18: the service team was recognized as “Engineering Service Provider of the year” in the GMR - IGI Airport Awards 2017, for the operation and maintenance services provided by the Company at the Delhi International airport.
  • 2018-19: Recognized by Sterlite Power for high quality and before time delivery of 400/220 kV GIS substation in Kashmir - part of NRSS29 project
  • 2019-20: Customers experiencing the latest innovations in grid technology at GE’s booth during Gridtech 2019
  • 2019-20: Awarded for ‘Outstanding Contribution in the field of IOT’ at IPPAI Power Awards 2019

Milestones

  • 1878: Creation of Societe Alsacienne de Constructions Mécaniques (SACM) in France.
  • 1918: Creation of English Electric Company Ltd. (later known as GEC) in the UK.
  • 1928: SACM merges with Thomson-Houston, forming ALSTHOM SA.
  • 1983: Acquisition of Compagnie Electro-Mécanique.
  • 1986: Acquisition of Sprecher and Schuh's high and medium voltage activities.
  • 1988: Acquisition of the Relays and Instrument Transformers divisions of Schlumberger Industrie. Merger with General Electric Company (GEC) creating GEC-ALSTHOM, later known as ALSTOM.
  • 1996: Acquisition of Allegemeine Electricitäts-Gesellschaft.
  • 1998: Acquisition of CEGELEC T&D.
  • 2004: ALSTOM T&D joins the AREVA group, to form AREVA T&D.
  • 2006: Acquisition of the RITZ Group bringing high voltage instrument transformer expertise.
  • 2007: Acquisition of Passoni & Villa, a high voltage bushings manufacturer. Acquisition of VEI Power Distribution S.p.A., a medium-voltage equipment manufacturer.
  • 2008: Acquisition of Nokian Capacitors Ltd, a Finnish manufacturer with Capacitor and Static VAr Compensator expertise.
  • 2008: Acquisition of  WALTEC, a Brazilian company specialized in dry-type transformers and low and medium voltage switchgear.
  • 2009: Acquisitions of Powermann Limited and RB Watkins Inc reinforcing the global T&D Service offering.
  • 2009: Acquisition of Nxtphase Limited strengthening AREVA T&D's technological position in the Instrument Transformer market.
  • 2010: Areva T&D India has informed that the separation of its transmission and distribution business will be completed between June and September this year.
  • 2011: Areva T&D India has entered into a memorandum of understanding (MOU) with Power Grid Corpoartion of India (PGCIL) to provide ultra high voltage technology for PCGIL’s upcoming 1,200 kV UHVAC national test station at Bina in Madhya Pradesh (MP).
  • 2012: Alstom Group acquired AREVA T&D’s Transmission activities in June 2010. This changed  the business name from AREVA T&D Ltd. to Alstom T&D Ltd.
  • 2014: Alstom successfully completed tests on its high-voltage DC circuit-breaker prototype. The latest series of tests consisted of reproducing the conditions of real actual operational constraints for a high-voltage DC transmission grid.
  • 2015-16: Flag-off of 1000th unit of 800kV Current Transformer from Hosur facility.
  • 2016-17: The name of the company was changed to GE T&D India Limited from ALSTOM T&D India Limited, effective August 2, 2016, to reflect its name with that of Promoter group.
  • 2017-18: The company was awarded a 400kV/220kV/132kV turnkey gas insulated substation order by Uttar Pradesh Power Transmission Corporation Ltd. (UPPTCL) at Lucknow Hardoi Road.
  • 2017-18: The company won a contract from HPCL Mittal Energy (HMEL) for development of 400/66kV GIS MRSS (Main receiving substation) at HMEL Bhatinda refinery.
  • 2018-19: The company won a substation order from Power Grid for evacuating 2500 MW of wind power, a part of Green Energy Corridor.
  • 2019-20: The company has won 765 kV AIS S/S at Lakadia & 765 GIS S/S at Vadodara, turnkey projects from Sterlite
  • 2019-20: The company has won the first 765 kV GIS S/S at Phagi in Rajasthan from PGCIL
  • 2019-20: The company has won 765 kV AIS turnkey S/S at Khetri, Bikaner from Adani

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.73%
1 Week
-1.70%
1 Month
-6.24%
3 Month
+21.39%
6 Month
+11.03%
1 Year
+61.40%
2 Year
-36.12%
5 Year
-62.25%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 9.42 10.85 9.42 2.77 -7.84 18.79 16.25 -24.41 5.55
Return on Capital Employed (%) 15.32 17.54 15.68 9.98 6.75 29.90 29.99 -17.62 12.05
Return on Assets (%) 1.90 2.36 2.33 0.71 -1.66 3.67 3.97 -6.61 1.51

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 910 1,249 1,312 1,178 1,033 1,190 1,428 1,051 1,123
Non Curr. Liab. 111 42 45 6 360 603 706 126 96
Curr. Liab. 3,628 3,967 3,752 3,467 4,408 3,774 3,012 2,826 2,759
Minority Int.
Equity & Liab. 4,649 5,258 5,109 4,651 5,801 5,567 5,145 4,003 3,978
Non Curr. Assets 696 770 765 927 1,344 1,472 1,514 945 937
Curr. Assets 3,953 4,488 4,344 3,725 4,456 4,095 3,631 3,059 3,041
Misc. Exp. not W/O
Total Assets 4,649 5,258 5,109 4,651 5,801 5,567 5,145 4,003 3,978

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 3,152 3,524 3,711 3,303 4,052 4,332 4,219 3,159 3,452
Other Income 17 44 24 152 141 240 58 60 66
Total Income 3,169 3,567 3,735 3,456 4,193 4,572 4,277 3,218 3,518
Total Expenditure -2,890 -3,211 -3,392 -3,207 -3,996 -4,057 -3,774 -3,355 -3,282
PBIDT 279 356 343 249 197 515 503 -137 236
Interest -92 -92 -91 -107 -182 -106 -85 -87 -84
Depreciation -81 -87 -82 -86 -88 -90 -83 -78 -66
Taxation -39 -60 -50 -21 -13 -110 -122 53 -29
Exceptional Items 17 -54 3
PAT 84 117 121 35 -87 209 213 -303 60

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 412 -141 502 -91 188 1,054 -355 -260 311
Cash Fr. Inv. -71 -119 -137 -50 -46 -305 287 -31 12
Cash Fr. Finan. -296 219 -320 120 -131 -585 -114 290 -324
Net Change 45 -42 45 -20 12 165 -183 0 -1
Cash & Cash Eqvt 78 36 82 58 69 232 50 50 49

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
Public 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Announcement under Regulation 30 (LODR)-Investor Presentation
Dear Sir

Further to our letter dated July 20 2021 enclosed please find a copy of the analyst presentation in respect of conference call with analysts / institutional investors.

You are requested to take note of the same.

Thanking you

Yours faithfully
Fri, 23 Jul 2021
Disclosure Under Regulation 36(5) Of The SEBI (LODR) Regulations 2015
Dear Sir

This is to inform you that the Company has issued Notice dated June 10 2021 of 65th Annual General Meeting (AGM) to be held on Friday August 6 2021 at 3:00 P.M Indian Standard Time through Video Conferencing/ Other Audio-Visual Means (VC/OAVM) to transact business items as specified in the said notice.

In the afore-stated notice of AGM note 20 has been inserted after note 19 in Notes to the said Notice as disclosure under Regulation 36(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The same is enclosed herewith and is to be considered as part of the Notice of 65th AGM.

This is for your information and records.
Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Dear Sir

This is to inform that a conference call with analysts / institutional investors is being scheduled on Friday July 23 2021 in respect of proposed resolutions at Annual General Meeting for Related Party Transactions.

You are requested to take note of the same.

Technical Scans View Details

Fri, 23 Jul 2021
Closing Near 50 EMA Closing Near 50 EMA
Close Crossing 50 EMA From Above Close Crossing 50 EMA From Above
ATR Decreasing for 3 Days ATR Decreasing for 3 Days
ATR Decreasing for 5 Days ATR Decreasing for 5 Days
ATR Decreasing for 7 Days ATR Decreasing for 7 Days

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