GE Vernova T&D India (NSE:GVT&D) ROE %: 52.30% (As of Mar. 2026) — 393% Above Median


NSE:GVT&D GE Vernova T&D India Ltd NSE:GVT&D
77 GF Score
Price ₹5,043.00
GF Value ₹3,142.13
Valuation Significantly Overvalued
! 4 Warning Signs
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What is GE Vernova T&D India ROE %?

GE Vernova T&D India NSE:GVT&D -0.19% 77 ROE % is 52.30% as of Mar. 2026, which is 393% above its 10-year median of 10.60. GuruFocus rates NSE:GVT&D with a GF Score™ of 77/100 and a GF Value™ of ₹3,142.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,009 Industrial Products companies, GE Vernova T&D India ranks better than 98.8% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GE Vernova T&D India's annualized net income for the quarter that ended in Mar. 2026 was ₹14,071 Mil. GE Vernova T&D India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹26,903 Mil. Therefore, GE Vernova T&D India's annualized ROE % for the quarter that ended in Mar. 2026 was 52.30%.

The historical rank and industry rank for GE Vernova T&D India's ROE % or its related term are showing as below:

NSE:GVT&D' s ROE % Range Over the Past 10 Years
Min: -24.41   Med: 10.6   Max: 56.49
Current: 56.49

During the past 13 years, GE Vernova T&D India's highest ROE % was 56.49%. The lowest was -24.41%. And the median was 10.60%.

NSE:GVT&D's ROE % is ranked better than
98.8% of 3009 companies
in the Industrial Products industry
Industry Median: 5.91 vs NSE:GVT&D: 56.49

GE Vernova T&D India  (NSE:GVT&D) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14070.8/26902.9
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14070.8 / 65483.2)*(65483.2 / 77394.3)*(77394.3 / 26902.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.49 %*0.8461*2.8768
=ROA %*Equity Multiplier
=18.18 %*2.8768
=52.30 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=14070.8/26902.9
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14070.8 / 18749.2) * (18749.2 / 17312.8) * (17312.8 / 65483.2) * (65483.2 / 77394.3) * (77394.3 / 26902.9)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7505 * 1.083 * 26.44 % * 0.8461 * 2.8768
=52.30 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


GE Vernova T&D India ROE % Related Terms


GE Vernova T&D India ROE % Historical Data

* Premium members only.

The historical data trend for GE Vernova T&D India's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GE Vernova T&D India ROE % Chart

GE Vernova T&D India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.50 -0.14 15.64 40.34 55.26

GE Vernova T&D India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.07 65.69 57.42 55.75 52.30

NSE:GVT&D vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, GE Vernova T&D India's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GE Vernova T&D India ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, GE Vernova T&D India's ROE % distribution charts can be found below:

* The bar in red indicates where GE Vernova T&D India's ROE % falls into.


NSE:GVT&D
77GF Score
GE Vernova T&D India Ltd NSE:GVT&D
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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GE Vernova T&D India ROE % Calculation

GE Vernova T&D India's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=12332.5/( (17731.1+26902.9)/ 2 )
=12332.5/22317
=55.26 %

GE Vernova T&D India's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=14070.8/( (0+26902.9)/ 1 )
=14070.8/26902.9
=52.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 52.30% mean?
GE Vernova T&D India (NSE:GVT&D) has a ROE % of 52.30% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on GE Vernova T&D India and its competitors. This is 393% above median its historical median of 10.60. According to the industry distribution chart, GE Vernova T&D India ranks #36 out of 3009 companies in the Industrial Products industry, placing it in the top 1.2%.
Is GE Vernova T&D India's ROE % too high?
GE Vernova T&D India's current ROE % of 52.30% is 393% above median its 10-year median of 10.60. The Industrial Products industry median ROE % is 5.91. GE Vernova T&D India's value of 52.30% is 784.9% above this industry median. Based on the distribution chart, GE Vernova T&D India ranks #36 out of 3009 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, GE Vernova T&D India has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GE Vernova T&D India's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, GE Vernova T&D India ranks #36 out of 3009 companies for ROE %. This places GE Vernova T&D India in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 5.91. GE Vernova T&D India's value of 52.30% is 784.9% above this benchmark. While the company's 10-year median is 10.60 vs. the industry median of 5.91, GE Vernova T&D India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GE Vernova T&D India's current ROE % of 52.30% is 784.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on GE Vernova T&D India and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GE Vernova T&D India's current ROE % is 52.30%, which is 393% above median its own 10-year median of 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GE Vernova T&D India stock overvalued right now?
Based on GuruFocus' analysis, GE Vernova T&D India (NSE:GVT&D) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,142.13, compared to a current price of ₹5,043.00 — trading 60.5% above its estimated fair value. The current ROE % is 52.30%, which is 393% above median its 10-year median of 10.60 and 784.9% above the Industrial Products industry median of 5.91. GE Vernova T&D India's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For GE Vernova T&D India (NSE:GVT&D), the current ROE % is 52.30% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GE Vernova T&D India (NSE:GVT&D) Overvalued in 2026?

Based on GuruFocus' analysis, GE Vernova T&D India stock appears to be overvalued. The current stock price of ₹5,043.00 is trading 60.5% above its estimated GF Value™ of ₹3,142.13. GuruFocus considers GE Vernova T&D India to be Significantly Overvalued.

Key valuation signals for NSE:GVT&D:

  • ROE %: 52.30% (393% above median its 10-year median of 10.60)
  • GF Value™: ₹3,142.13 vs. price of ₹5,043.00 (60.5% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 784.9% above the Industrial Products median (#36 of 3009)

No single metric tells the full story. See the NSE:GVT&D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GE Vernova T&D India Business Description

Other Exchanges 522275:India
Address FIEE Complex Okhla Industrial Area, A-18, First Floor, Phase II, New Delhi, IND, 110 020
GE Vernova T&D India Ltd is engaged in the business relating to products, projects, and services for electricity transmission and related activities, which has been defined as one business segment. Its businesses are Power, Wind, Electrification, and Accelerators.
77GF Score

Get the complete analysis for NSE:GVT&D

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5,043.00
Price
₹3,142.13
GF Value