GE T&D India Ltd.
Snapshot View

109.20 +1.00 ▲0.9%

18 May 2022, 04:01:00 PM
Volume: 736

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
Market Cap 2,808.83 Cr.
Enterprise Value(EV) 3,005.41 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -0.43 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 66.60 Trailing Twelve Months Ending 2021-12
Book Value / Share 43.00 Trailing Twelve Months Ending 2021-12
Price to Book Value 2.55 Calculated using Price: 109.70
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
+0.92%
1 Week
+2.15%
1 Month
-1.44%
3 Month
+6.54%
6 Month
-9.94%
1 Year
-13.26%
2 Year
+66.46%
5 Year
-70.50%
10 Year
-26.32%
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 10 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. 2021-09* Rs. Cr.
Shh. Funds 910 1,249 1,312 1,178 1,033 1,190 1,428 1,051 1,123 1,101
Non Curr. Liab. 111 42 45 6 360 603 706 126 96 80
Curr. Liab. 3,628 3,967 3,752 3,467 4,408 3,774 3,012 2,826 2,759 2,638
Minority Int.
Equity & Liab. 4,649 5,258 5,109 4,651 5,801 5,567 5,145 4,003 3,978 3,820
Non Curr. Assets 696 770 765 927 1,344 1,472 1,514 945 937 931
Curr. Assets 3,953 4,488 4,344 3,725 4,456 4,095 3,631 3,059 3,041 2,889
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 3,820

Profit Loss View Details

Particulars 10 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. 2021-12 Rs. Cr. TTM
Net Sales 3,152 3,524 3,711 3,303 4,052 4,332 4,219 3,159 3,452 3,308
Other Income 17 44 24 152 141 240 58 60 66 32
Total Income 3,169 3,567 3,735 3,456 4,193 4,572 4,277 3,218 3,518 3,340
Total Expenditure -2,890 -3,211 -3,392 -3,207 -3,996 -4,057 -3,774 -3,355 -3,282 -3,213
PBIDT 279 356 343 249 197 515 503 -137 236 127
Interest -92 -92 -91 -107 -182 -106 -85 -87 -84 -48
Depreciation -81 -87 -82 -86 -88 -90 -83 -78 -66 -64
Taxation -39 -60 -50 -21 -13 -110 -122 53 -29 -3
Exceptional Items 17 -54 3 -22
PAT 84 117 121 35 -87 209 213 -303 60 -11
Adjusted EPS 4 5 5 1 -3 8 8 -12 2 0

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 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. 252 412 -141 502 -91 188 1,054 -355 -260 311
Cash Fr. Inv. -86 -71 -119 -137 -50 -46 -305 287 -31 12
Cash Fr. Finan. -202 -296 219 -320 120 -131 -585 -114 290 -324
Net Change -35 45 -42 45 -20 12 165 -183 0 -1
Cash & Cash Eqvt 33 78 36 82 58 69 232 50 50 49

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
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

Thu, 05 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this isto inform that our Registrar and Share Transfer agents (RTA) has received the attached information about loss ofshare certificates.
Tue, 03 May 2022
Announcement under Regulation 30 (LODR)-Resignation of Director
This is to inform you that Mr. Rajendra Sheshadri Iyer (DIN 09319795) Director of the Company has resigned from the Board of Directors of the Company w.e.f. May 2 2022 since he has given notice of his resignation to General Electric company to pursue other opportunities outside General Electric company.The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated 9 September 2015 are attached.
Sat, 30 Apr 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Dear Sir Pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform that our Registrar and Share Transfer agents (RTA) has received the attached information about loss of share certificates.This is for your information and records. Thanking you

Technical Scans View Details

Wed, 18 May 2022
High Delivery Percentage High Delivery Percentage
Opening at Low Opening at Low
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
High Increase 2 Years High Increase 2 Years
Closing Near 100 SMA Closing Near 100 SMA

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