The shares of Micro-Cap company, specializing in hi-tech steel fabrication, heavy engineering, hydropower generation, and flour milling, hit a 5 percent upper circuit following the announcement of a Stock split and a Bonus share in the recent board meeting held by the company.
With a market capitalization of 339.33 Crores on Monday, the shares of GTV Engineering Ltd hit a 5 percent upper circuit, making a high of Rs. 1086.25 compared to its previous closing price of Rs. 1034.55. Over the last 5 years, the company has given a return of almost 4,770 percent.
GTV Engineering Ltd, engaged in hi-tech steel fabrication, heavy engineering, hydropower generation, and flour milling, has held a Board meeting on 07th June, 2025, and announced as follows.
The company has announced a bonus issue (2:1), offering shareholders two additional shares for every share they currently own. This means if you hold one share, you will receive two extra shares as a bonus.
Additionally, the company will split each existing share with a face value of Rs. 10 into five shares with a face value of Rs. 2 each in a ratio of 1:5. This share split increases the number of shares you hold while keeping your total investment value unchanged.
Financials & Others
The company’s revenue declined by 34 percent from Rs. 34.08 crores to Rs. 22.27 crores in Q3FY24-25. Meanwhile, Net profit rose from Rs. 2.33 crores to Rs. 4.3 crores in the same period.
The company’s P/E ratio of 29.26 is below the industry average of 32.89, and its low PEG ratio of 0.28 suggests the stock may be undervalued. It also maintains a healthy financial position with a low debt-to-equity ratio of 0.24.
Over the past three years, the company has delivered strong performance, achieving an average revenue growth of 15.93 percent and an impressive average net profit growth of 80.72 percent.
GTV Engineering Limited is a multi-diversified Indian company primarily engaged in hi-tech heavy steel fabrication and machining, serving as a key subcontractor to major engineering firms. Established in 1990 and based in Bhopal, GTV also has business interests in hydro power generation and flour milling, with operations spanning sectors like power, minerals, cement, railways, and metro infrastructure.
The company boasts significant fabrication capacity, advanced CNC machining facilities, and a strong reputation for customer retention and quality, positioning itself as a preferred supply chain partner for high-value engineering projects.
GTV Engineering Limited supplies major Original Equipment Manufacturers (OEMs) in the steel, cement, mining, hydropower, and thermal power sectors. Some of their prominent clients include BHEL, L&T, MHI Power, NTPC, JSW, NHPC, and Xyelem, among others.
Written by Sridhar J
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