News

Sell GE T&D India Ltd For Target Rs. 160 - Yes Securities Our view GE T&D India Ltd (GETD) reported an excellent of numbers surpassing our estimates with revenue growth of 21% YoY. The company managed to clock in its highest EBITDA margin since FY19. Order inflows at Rs10bn grew by 68% YoY. As on 1QFY24 order book stands at ~Rs39.4bn (1.4x TTM revenue), Robust ordering activity and a healthy tender pipeline led investment in power transmission infrastructure would support revenue growth going ahead. Looking forward We believe challenges...
Sell GE T&D India Ltd For Target Rs. 160 - Yes Securities
Sell GE T&D India Ltd For Target Rs. 160 - Yes Securities
Source: Yes Securities Ltd
12/08/2023 2:50:03 PM
GE T&D India touches roof on reporting over 4- fold jump in Q1 net profit GE T&D India is currently trading at upper limit of Rs. 283.60, up by 13.50 points or 5.00% from its previous closing of Rs. 270.10 on the BSE. The scrip opened at Rs. 283.60 and has touched a high and low of Rs. 283.60 and Rs. 283.60 respectively. So far 1392 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 284.00 on 08-Aug-2023 and a 52 week low of Rs. 98.90 on 28-Feb-2023. Last one week high and low of the...
GE T&D India touches roof on reporting over 4- fold jump in Q1 net profit
GE T&D India touches roof on reporting over 4- fold jump in Q1 net profit
Source: Accord Fintech
9/08/2023 12:06:48 PM
Sell GE T&D India Ltd For Target Rs. 112 - Yes Securities Dismal performance on all fronts Our view GE T&D India Ltd (GETD) reported a disappointing set of numbers with revenues missing our estimates at Rs7bn (up 6% YoY). EBITDA came in at Rs279mn vs a loss in 4QFY22. After 3 consecutive quarters in the green, the company reported a loss at the PAT level. Order inflows in 4QFY23 at Rs8.7bn grew by 58% YoY. As on 4QFY23 order book stands at ~Rs37bn (1.3x TTM revenue), providing revenue visibility for ~18 months. Going forward management exp...
Sell GE T&D India Ltd For Target Rs. 112 - Yes Securities
Sell GE T&D India Ltd For Target Rs. 112 - Yes Securities
Source: Yes Securities Ltd
14/06/2023 2:28:51 PM
Add GE T&D India Ltd For Target Rs. 131 - Yes Securities Healthy margin expansion; upgrade to ADD Our view GE T&D India Ltd (GETD) reported a mixed set of numbers with revenues missing our estimates at Rs7.8bn (down 15% YoY) however EBITDA saw a healthy 54% YoY growth at Rs458mn. Adj PAT came in at Rs59mn which is the third consecutive quarter in the green. Order inflows in 3QFY23 at Rs7.8bn grew by 53% YoY. As on 3QFY23 order book stands at ~Rs34.8bn (1.3x TTM revenue), providing revenue visibility for ~18 months. Going forward managemen...
Add GE T&D India Ltd For Target Rs. 131 - Yes Securities
Add GE T&D India Ltd For Target Rs. 131 - Yes Securities
Source: Yes Securities
23/02/2023 12:50:21 PM
Reduce GE T&D India Ltd For Target Rs.116 - Yes Securities Subdued quarter; all hopes pinned on 2HFY23 Our view GE T&D India Ltd (GETD) reported a muted set of numbers, significantly missing our estimates. Revenues at Rs5.9bn declined by 18% YoY while EBITDA was just about in the green at Rs54mn. The company managed to report a profit at PAT level on the back of higher other income. Order inflows in Q2FY23 at Rs4.9bn de?grew by 23% YoY.  As on Q2FY23 order book stands at ~Rs34.6bn (1.2x TTM revenue), providing revenue visibility f...
Reduce GE T&D India Ltd For Target Rs.116 - Yes Securities
Reduce GE T&D India Ltd For Target Rs.116 - Yes Securities
Source: Yes Securities Ltd
7/12/2022 2:28:45 PM
Buy GE T&D India Ltd For Target Rs. 153 - ICICI Securities Improvement in margins; transmission ordering is expected to pick up in FY23/24 GE T&D India’s (GETD) revenue declined 7% YoY to Rs5.9bn in Q1FY23 as lower orderbook led to a muted execution. However, gross margin expanded 220bps on account of reduction in commodity prices. This, supported by reduction in fixed expenses, led EBITDA to grow to Rs224mn against Rs14mn in Q1FY22. Net debt during the quarter increased by Rs1.1bn to Rs1.9bn since Mar’22 on account of higher worki...
Buy GE T&D India Ltd For Target Rs. 153 - ICICI Securities
Buy GE T&D India Ltd For Target Rs. 153 - ICICI Securities
Source: ICICI Securities Ltd
17/08/2022 9:50:40 AM
Reduce GE T&D India Ltd For Target Rs.105 - Yes Securities Disappointing quarter Our view GE T&D India Ltd (GETD) reported a poor set of numbers, led by weak executional performance owing to pandemic and supply chain issues. EBITDA slipped into negative owing to elevated commodity prices (impact of Rs350mn), other items (Rs200mn impact) and certain non‐recurring expenses. Order inflows in Q4FY22 and FY22 declined 10% and 5% YoY, respectively. As on 4QFY22 order book stands at ~Rs37.2bn (1.2x TTM revenue), providing revenue visibility for 1‐...
Reduce GE T&D India Ltd For Target Rs.105 - Yes Securities
Reduce GE T&D India Ltd For Target Rs.105 - Yes Securities
Source: Yes Securities Ltd
24/05/2022 12:28:19 PM