AI Summary
✦ ClarthaGE Vernova T&D India is an electrical equipment company building transmission and distribution infrastructure. Power evacuation products, transformers, circuit breakers, switchgears, and substations drive core revenue. Grid interconnection, renewable integration, automation, digital software, turnkey projects, and maintenance add growth avenues. Revenue rose 44.6% year-on-year, while profit increased 102.7%, indicating operating leverage and improving margins. A strong backlog, exports, and capacity expansion could support further growth. Debt/equity of 0.89 indicates meaningful leverage, which can amplify ROE but increases balance-sheet sensitivity. Profit growth materially exceeded revenue growth, confirming margin expansion rather than purely volume-led gains. At 86.7 times earnings, the shares appear rich relative to current growth-adjusted valuation, despite positive sentiment and infrastructure exposure. The key open question is whether backlog conversion and capacity expansion can sustain elevated margins.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 17 analysts
Fundamentals
Fundamentals institutional score is 91 using growth durability 91.3.
Valuation
Valuation institutional score is 35 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 58 using mean target upside 13.4%; dispersion penalty 20.9; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 76 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 11 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and market sentiment remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 149.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.75). Confidence: 50%.
Live forward EPS implies next-12-month EPS of ₹77.76. Applying the stock's normalized valuation corridor produces a fair range of ₹2,000.76 to ₹4,477.42, with base value near ₹2,697.49 (-38.8% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹77.76
Forward P/E
56.7x
Base Fair Value
₹2,697.49
Fair Range
₹2,000.76 - ₹4,477.42
Upside To Base
-38.8%
Estimate Source
Live forward EPS
Growth Estimate
+24.7%
5Y Average
27.70
Current
86.69
Overvalued
57.58
Undervalued
25.73
5Y Average
20.28
Current
63.48
Overvalued
32.66
Undervalued
1.84
5Y Average
42.25
Current
41.93
Overvalued
46.65
Undervalued
40.13
Peers & Comparison
Sector: Industrials · Theme: Heavy Electrical Equipments
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
ABB INDIA LIMITED ABBHeavy Electrical Equipments | +12.1% | 21.3% | 103.4x Premium | +18% vs avg | +49.6% |
BHEL BHELHeavy Electrical Equipments | +40.3% | 6.8% | 60.3x Undervalued | -31% vs avg | +79.9% |
HITACHI ENERGY INDIA LTD POWERINDIAHeavy Electrical Equipments | +68.6% | 12.6% | 137.9x Premium | +58% vs avg | +65.7% |
TD POWER SYSTEMS LTD. TDPOWERSYSHeavy Electrical Equipments | +72.8% | 13.0% | 84.1x Fair | -4% vs avg | +152.2% |
CG POWER AND IND SOL LTD CGPOWERHeavy Electrical Equipments | +14.0% | 9.8% | 112.0x Premium | +28% vs avg | +31.4% |
SIEMENS LTD SIEMENSConglomerates | +14.8% | 19.0% | 84.9x Fair | -3% vs avg | +27.3% |
APAR INDUSTRIES LTD. APARINDSElectrical Components & Equipments | +29.1% | 4.8% | 61.4x Undervalued | -30% vs avg | +91.4% |
COCHIN SHIPYARD LIMITED COCHINSHIPShipbuilding | -15.6% | 14.3% | 55.3x Undervalued | -37% vs avg | -11.1% |
GE VERNOVA T&D INDIA LTD trades in line with peers (86.7x vs avg 87.4x), reflecting a fair valuation within the Heavy Electrical Equipments cohort. Peers include ABB INDIA LIMITED, BHEL, HITACHI ENERGY INDIA LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.84K CrJun 2026Latest net profit
₹363 CrJun 2026Latest EPS
₹14.18Jun 2026Net margin
25.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 718 | 698 | 839 | 914 | 958 | 1,108 | 1,074 | 1,153 | 1,330 | 1,538 | 1,701 | 1,637 | 1,836 |
| Expenses + | 667 | 637 | 742 | 803 | 776 | 903 | 894 | 900 | 943 | 1,142 | 1,246 | 1,192 | 1,375 |
| Operating Profit | 51 | 61 | 97 | 111 | 182 | 205 | 180 | 252 | 388 | 396 | 455 | 445 | 461 |
| OPM % | 7% | 9% | 12% | 12% | 19% | 18% | 17% | 22% | 29% | 26% | 27% | 27% | 25% |
| Other Income + | 12 | 9 | -4 | 6 | 12 | 4 | 26 | 21 | 16 | 19 | -51 | 43 | 42 |
| Interest | 11 | 7 | 7 | 3 | 2 | 3 | 4 | 6 | 3 | 2 | 3 | 7 | 3 |
| Depreciation | 13 | 13 | 12 | 12 | 12 | 12 | 12 | 11 | 11 | 12 | 12 | 12 | 12 |
| Profit before tax | 39 | 50 | 73 | 101 | 180 | 194 | 190 | 256 | 390 | 401 | 390 | 469 | 487 |
| Tax % | 27% | 26% | 32% | 34% | 25% | 25% | 25% | 27% | 25% | 25% | 25% | 25% | 25% |
| Net Profit + | 28 | 37 | 49 | 66 | 135 | 145 | 143 | 186 | 291 | 299 | 291 | 352 | 363 |
| EPS in Rs | 1.10 | 1.45 | 1.93 | 2.59 | 5.25 | 5.65 | 5.57 | 7.28 | 11.37 | 11.70 | 11.36 | 13.74 | 14.18 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Announcement under Regulation 30 (LODR)-Press Release / Media Release