Maker of high-voltage power transmission equipment and grid-automation systems; GE Vernova's India T&D arm
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
| Reserves | 1.0k | 1.1k | 1.0k | 1.0k | 1.2k | 1.7k | 2.0k | 2.6k |
| Borrowings | 599 | 316 | 226 | 273 | 42 | 35 | 30 | 24 |
| Other Liabilities | 2.5k | 2.7k | 2.5k | 2.3k | 2.3k | 2.9k | 3.9k | 5.0k |
| Total Liabilities | 4.2k | 4.1k | 3.8k | 3.7k | 3.6k | 4.7k | 6.1k | 7.7k |
| AssetsFixed Assets | 538 | 494 | 457 | 421 | 401 | 379 | 395 | 412 |
| CWIP | 12 | 22 | 9 | 9 | 11 | 47 | 42 | 65 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.6k | 3.6k | 3.3k | 3.3k | 3.2k | 4.2k | 5.6k | 7.3k |
| Total Assets | 4.2k | 4.1k | 3.8k | 3.7k | 3.6k | 4.7k | 6.1k | 7.7k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -355 | -260 | 311 | 8 | -37 | 518 | 904 | 1.7k |
| Cash from Investing | 287 | -30 | 12 | 116 | 3 | -172 | -495 | -511 |
| Cash from Financing | -114 | 290 | -324 | -102 | 9 | -259 | -69 | -147 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -362 | -292 | 324 | -17 | -54 | 489 | 816 | 1.5k |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
GVT&D · CYCLICAL_UNMODELABLE
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