Today, in this post we’ll discuss about GE Power India latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.
GE Power India (NSE: GEPIL), a company involved in power plants and power equipment, has informed that it has received two big contracts from Jaiprakash Power Ventures. These contracts are worth around Rs 800 crore.
According to the information given to the stock market, the duration of both contracts is less than 3 years. The stock price rose sharply in Wednesday’s trading.
The stock has proved to be a multibagger for its investors and in the last year, the stock has returned investors’ money more than 3 times.
What Information Has The Company Given?
According to the information given by the company, it has received two contracts from Jaiprakash Power Ventures for the Nigri Power Plant, Madhya Pradesh, and the Bina Power Plant.
The company has said in the information sent to the stock market that the contract for Nigri Power Plant is worth Rs 490.5 crore and it is to be completed in 33 months.
The contract of Bina Power Plant is worth Rs 284.4 crore and it is to be completed in 30 months.
The company informed this week that it has received purchase orders worth a total of Rs 33 crore from NTPC and Hindustan Zinc.
Multibagger Stock
There was a sharp rise in the stock in Wednesday’s trading and the stock closed at the level of Rs. 332 with a gain of 9.28 percent.
The stock has consistently been a profitable deal for its investors.
The stock has given a return of 218 percent to investors in one year, while the stock has increased by 46 percent so far in the year 2024.
The stock has risen by 40 percent over the past 3 months. In just one week, the stock price has risen by 26 percent.
About Ge Power India Ltd
GE Power India Limited is one of the top Indian markets for companies that manufacture power generation equipment. The company was founded on September 2nd, 1992.
This company is involved with the improvement and modernization of current power plants, with a main emphasis on thermal power stations.
The company is also involved in the field. It involves engineering, procurement, and construction (EPC) which includes supply, installation, and then operation and maintenance of thermal power plants as well as hydropower plants.
The segment of the company includes boilers, mills, Air quality control systems along with services, automation, and control, as well as steam power and hydro as well as gas power.
The total operating income of the business is 1795.81 crores, and the equity capital is 67.23 crores.
Fundamental Analysis of Ge Power India Ltd
| Market Cap | ₹ 2,230 Cr. |
| Current Price | ₹ 332 |
| 52-wk High | ₹344 |
| 52-wk Low | ₹ 103 |
| Stock P/E | — |
| Book Value | ₹ 4.99 |
| Dividend | 0.00 % |
| ROCE | -29.4 % |
| ROE | -95.4 % |
| Face Value | ₹ 10.0 |
| P/B Value | 66.4 |
| OPM | -19.9 % |
| EPS | ₹ -48.6 |
| Debt | ₹ 447 Cr. |
| Debt to Equity | 13.3 |
Ge Power India Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 68.58% |
| Mar 2023 | 68.58% |
| June 2023 | 68.58% |
| Sept 2023 | 68.58% |
| Dec 2023 | 68.58% |
| FII Holding | |
| Dec 2022 | 0.13% |
| Mar 2023 | 0.15% |
| June 2023 | 0.07% |
| Sept 2023 | 0.23% |
| Dec 2023 | 0.11% |
| DII Holding | |
| Dec 2022 | 8.77% |
| Mar 2023 | 8.73% |
| June 2023 | 8.44% |
| Sept 2023 | 5.27% |
| Dec 2023 | 3.87% |
| Govt. Holding | |
| Dec 2022 | 0.39% |
| Mar 2023 | 0.39% |
| June 2023 | 0.39% |
| Sept 2023 | 0.39% |
| Dec 2023 | 0.39% |
| Public Holding | |
| Dec 2022 | 22.11% |
| Mar 2023 | 22.14% |
| June 2023 | 22.52% |
| Sept 2023 | 25.53% |
| Dec 2023 | 27.04% |
Ge Power India Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 1,903 Cr |
| 2020 | ₹ 2,446 Cr |
| 2021 | ₹ 3,343 Cr |
| 2022 | ₹ 2,620 Cr |
| 2023 | ₹ 1,578 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 75 Cr |
| 2020 | ₹ 85 Cr |
| 2021 | ₹ 70 Cr |
| 2022 | ₹ -289 Cr |
| 2023 | ₹ -327 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0.32 |
| 2022 | 0.43 |
| 2023 | 1.25 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Current Year: | 29% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | -1% |
| 5 Years: | -7% |
| 3 Years: | -22% |
| Last Year: | -95% |
Sales Growth Over 10 Years:
| 10 Years: | -4% |
| 5 Years: | 6% |
| 3 Years: | -10% |
| Current Year: | -23% |
Conclusion
This article is a complete guide about Ge Power India Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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