Synopsis: GE Power India shares hit a 20% upper circuit after Q3 results, with revenue up 37.3% QoQ to ₹386 crore and net profit up 123% QoQ to ₹72.3 crore. Its earnings per share (EPS) for the quarterly period stood at ₹10.76
The shares of the Small-Cap company specializing in engineering, procurement, construction (EPC), and manufacturing of key equipment for thermal power plants are in focus as they have rallied 20 percent in a single day following their Q3 results.
With a market capitalization of Rs. 2,688.76 Crores on the Day’s Trade, the shares of GE Power India Ltd hit a 20 percent upper circuit, reaching a high of Rs. 399.95 compared to its previous close of Rs. 333.30.
What Happened
GE Power India Ltd, engaged in engineering, procurement, construction (EPC), and manufacturing of key equipment for thermal power plants, is in the spotlight today as it has rallied 20 percent in a single day following its Q3 results, as follows:
Its Revenue from operations rose by 22 percent YoY from Rs. 317 Crores in Q3FY25 to Rs. 386 Crores in Q3FY26, and it rose by 37.3 percent QoQ from Rs. 281 Crores in Q2FY26 to Rs. 386 Crores in Q3FY26.
Its Net Profit YoY from a loss of Rs. 18.6 Crores in Q3FY25 turned to a profit of Rs. 72.3 Crores in Q3FY26, and on a QoQ basis, it rose by 123 percent from Rs. 32.4 Crores in Q2FY26 to Rs. 72.3 Crores in Q3FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 10.76, compared to Rs. 4.81 in the previous quarter.
Orderbook Overview & Others
The current quarter ended with an order backlog of Rs. 16,706 million, down 38.3% compared to Rs. 27,060 million in the quarter ended 31 December 2024 from continuing operations. The decline was primarily driven by the termination of two FGD EP contracts, Jaypee Bina and Nigrie, amounting to Rs. 775 crore.
GE Power India Limited has strong capabilities in engineering, manufacturing, project management, and the supply of products and solutions for infrastructure. Its operations cover a comprehensive range of activities, including engineering, procurement, manufacturing, construction, and servicing of power plants and power equipment.
The company has engineering centres in Noida and Kolkata, and a manufacturing unit in Durgapur dedicated to boilers. GEPIL (formerly Alstom India) provides turnkey solutions, maintenance, and modernisation for power generation, serving major clients like NTPC and BHEL.
The company demonstrates strong financial health with a decent ROCE of 6.09% and an exceptional ROE of 105%, indicating it is highly efficient at generating returns on shareholders’ equity. Its debt-to-equity ratio of just 0.05 highlights a nearly debt-free balance sheet, suggesting low financial risk and prudent capital management.
In terms of growth, the company has delivered impressive profit expansion, achieving a 24% CAGR over the last five years, reflecting robust operational performance and sustainable earnings momentum. Additionally, a PEG ratio of 0.32 points to an attractive valuation relative to its growth, making it potentially appealing for investors seeking both growth and stability.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post 20% Upper Circuit: Power Stock Skyrockets After Announcing Q3 Results appeared first on Trade Brains.