GTV Engineering share price & results
- Jun 2026
- Sept 2026
Madhya Pradesh-based heavy fabrication and large-machining sub-contractor executing capital-equipment and infrastructure projects for engineering majors like BHEL, L&T-MHPS, SMS Group and NTPC.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 29.6 | +79.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 17.8 | +0.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 4.0 | +91.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 29.85 | −4.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -1.47 | −3.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 32.41 | +14.0 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −79.6% 1Y
1Y: ₹75.25 on 24 Oct 2025 → ₹15.38. High ₹81.77 (19 Jun 2026), low ₹15.38 (27 Oct 2026).
- Previous close
- ₹16.99
- Market cap
- ₹357 Cr
- 52-week range
- ₹15.38 – ₹81.77
- One year
- −79.38%
- Price to earnings (TTM to Jun 2026)
- 22.15×
- Return on equity (TTM to Jun 2026)
- 29.85%
Overview
- Symbol
- NSE:GTV
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What GTV Engineering Limited does
Based on the company's own presentations, annual report and earnings calls.
GTV Engineering manufactures large, heavy fabricated structures and precision-machined components as a sub-contractor to major engineering companies (BHEL, METSO, GEBR. PFEIFFER, L&T-MHPS, SMS Group, BEUMER Group, FLSmidth, Xylem, BGR Energy, NTPC and others). It earns by executing job-work orders tied to infrastructural projects across power, mineral, cement, and railways/metro segments. Production during the reported year was carried out solely at its Unit-II Fabrication Division in Mandideep, Bhopal.
Segments
- Heavy & Large Fabrication and Large Machining
- Manufacturing/fabrication plants
- 2 (Unit I – Malanpur, District Bhind; Unit II – Mandideep, Bhopal, Madhya Pradesh)
- Marquee OEM/EPC clients served
- 9+ (BHEL, METSO, GEBR. PFEIFFER, L&T-MHPS, SMS Group, BEUMER Group, FLSmidth, Xylem, BGR Energy, NTPC)
- Permanent employees
- 25 (as on 31 Mar 2025)
- Active revenue-generating unit
- Unit-II (Fabrication Division), Mandideep
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +92% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 24 | 24 | 22 | 17 | 25 | 29 | 32 | 30 |
| Expenses | 22 | 18 | 16 | 14 | 21 | 21 | 28 | 24 |
| Operating profit | 2 | 6 | 6 | 3 | 4 | 8 | 4 | 5 |
| Operating margin | 8.2% | 23.7% | 28.4% | 17.6% | 14.8% | 27.6% | 12.4% | 17.8% |
| Other income | 0 | 0 | -0 | 0 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 6 | 6 | 3 | 5 | 8 | 4 | 5 |
| Tax rate | 28.1% | 26.4% | 28.6% | 24.9% | 24.7% | 28.3% | 24.0% | 24.8% |
| Net profit | 1 | 4 | 4 | 2 | 4 | 6 | 3 | 4 |
| EPS (₹ per share) | 0.08 | 0.30 | 0.30 | 0.15 | 0.25 | 0.39 | 0.22 | 0.26 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 96 | 121 | 103 | 102 |
| Expenses | 93 | 115 | 87 | 83 |
| Operating profit | 3 | 5 | 16 | 18 |
| Other income | 3 | 2 | 0 | 2 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 7 | 15 | 19 |
| Net profit | 4 | 5 | 11 | 14 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 3 | 9 | 9 |
| Reserves | 24 | 28 | 33 | 44 | 43 | 52 |
| Borrowings | 6 | 8 | 18 | 12 | 5 | 7 |
| Other liabilities | 14 | 18 | 22 | 13 | 25 | 25 |
| Total liabilities | 47 | 57 | 76 | 71 | 83 | 93 |
| Fixed assets | 12 | 13 | 13 | 12 | 15 | 17 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8 | 9 | 8 | 11 | 11 | 10 |
| Other assets | 26 | 35 | 54 | 48 | 58 | 67 |
| Total assets | 47 | 57 | 76 | 71 | 83 | 93 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 5 | -7 | 0 | 5 | 2 | 3 |
| Cash from investing | -2 | 1 | 0 | 1 | -2 | -2 |
| Cash from financing | 4 | -1 | 1 | 9 | -7 | -5 |
| Net cash flow | 7 | -7 | 0 | 15 | -7 | -5 |
| Free cash flow | 5 | -7 | -1 | 3 | 2 | -2 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 60 | 8 | 68 | 44 | 50 | 102 |
| Inventory days | 54 | 64 | 33 | 20 | 37 | 65 |
| Days payable | 46 | 18 | 7 | 4 | 25 | 24 |
| Cash conversion cycle | 68 | 55 | 94 | 59 | 61 | 142 |
| Working capital days | -27 | 21 | 33 | -6 | 52 | 107 |
| Return on capital employed | 3.0% | 3.0% | 7.0% | 13.0% | 28.0% | 29.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 8.0% | 0.0% |
Ownership
Who owns it
Promoters hold 61.15% as of Sept 2026; institutions cut 0.04 pts since Jun 2026.
- Promoters 61.15%
- Foreign institutions 0.00%
- Government 0.01%
- Public 38.83%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 7.76% held
The same filing shows 6 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of GTV Engineering Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 32.78% | −2.75 pp | |
| 17.89% | −1.51 pp | |
| 7.76% | newly disclosed | |
| 3.11% | −0.27 pp | |
| 2.88% | −0.24 pp | |
| 2.72% | −0.23 pp | |
| 1.97% | −0.16 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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