Ge Power India Ltd
NSE:GEPIL
Ge Power India Ltd
GE Power India Ltd. engages in engineering, manufacturing, project management, and supply of products and solutions for power generation and transmission infrastructure requirements. The company is headquartered in Noida, Uttar Pradesh. The company went IPO on 2000-07-17. The firm is also engaged in manufacturing steam generators. The firm offers a portfolio of power generation solutions. The firm's business divisions include boilers, mills, air quality control systems, services and automation and control. Its business also includes steam power, including hydro and gas power. The firm has manufacturing facility at Durgapur, Noida and West Bengal, where it manufactures supercritical and ultra-supercritical boilers. The firm also supports gas projects globally for engineering, procurement and construction services, including resource deployment to global project sites. The firm serves the power generation equipment market. The Company’s subsidiary includes GE Power Boilers Services Limited.
GE Power India Ltd. engages in engineering, manufacturing, project management, and supply of products and solutions for power generation and transmission infrastructure requirements. The company is headquartered in Noida, Uttar Pradesh. The company went IPO on 2000-07-17. The firm is also engaged in manufacturing steam generators. The firm offers a portfolio of power generation solutions. The firm's business divisions include boilers, mills, air quality control systems, services and automation and control. Its business also includes steam power, including hydro and gas power. The firm has manufacturing facility at Durgapur, Noida and West Bengal, where it manufactures supercritical and ultra-supercritical boilers. The firm also supports gas projects globally for engineering, procurement and construction services, including resource deployment to global project sites. The firm serves the power generation equipment market. The Company’s subsidiary includes GE Power Boilers Services Limited.
Order Growth: Order bookings surged over 3x year-on-year to INR 461 crores for the quarter, including a significant INR 348 crore order from NTPC for a steam turbine upgrade.
Revenue: Quarterly revenue rose 8% year-on-year to INR 317 crores from continuing operations.
Profitability: The company reported its second consecutive quarter of profit before exceptional items (INR 8 crores), but continues to face operating-level challenges and is still in turnaround mode.
Services Focus: Management is shifting toward lower-risk, higher-margin service and upgrade business, with strong order growth in these areas.
Hydro Business Exit: The loss-making hydro segment is expected to be transferred by March 2025, after which related losses will no longer be reflected in results.
FGD Market: Government deadline extensions for FGD (flue gas desulfurization) implementation have led to renewed activity and opportunities in this market.
Debt and Liquidity: Debt remains low at INR 5 crores, supported by improved collections and cash performance.
