GE T&D India Limited
GE Vernova T&D India Limited engages in building power transmission and distribution infrastructure in India and internationally. It offers power electronics equipment, including high voltage direct current, flexible alternate current transmission systems, and industrial DC substations. The company also provides power and instrument transformers, circuit breakers, gas insulated substations and sw… Read more
GE T&D India Limited (GET&D) - Net Assets
Latest net assets as of September 2024: ₹13.76 Billion INR
Based on the latest financial reports, GE T&D India Limited (GET&D) has net assets worth ₹13.76 Billion INR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹40.39 Billion) and total liabilities (₹26.63 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹13.76 Billion |
| % of Total Assets | 34.07% |
| Annual Growth Rate | 10.25% |
| 5-Year Change | 18.21% |
| 10-Year Change | -5.25% |
| Growth Volatility | 23.33 |
GE T&D India Limited - Net Assets Trend (2005–2024)
This chart illustrates how GE T&D India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GE T&D India Limited (2005–2024)
The table below shows the annual net assets of GE T&D India Limited from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹12.43 Billion | +15.87% |
| 2023-03-31 | ₹10.73 Billion | -0.70% |
| 2022-03-31 | ₹10.80 Billion | -3.78% |
| 2021-03-31 | ₹11.23 Billion | +6.77% |
| 2020-03-31 | ₹10.51 Billion | -26.37% |
| 2019-03-31 | ₹14.28 Billion | +20.04% |
| 2018-03-31 | ₹11.90 Billion | +15.18% |
| 2017-03-31 | ₹10.33 Billion | -22.57% |
| 2016-03-31 | ₹13.34 Billion | +1.68% |
| 2015-03-31 | ₹13.12 Billion | +5.05% |
| 2014-03-31 | ₹12.49 Billion | +37.20% |
| 2013-03-31 | ₹9.10 Billion | -9.20% |
| 2011-03-31 | ₹10.02 Billion | +15.67% |
| 2010-03-31 | ₹8.67 Billion | +19.53% |
| 2009-03-31 | ₹7.25 Billion | +31.98% |
| 2008-03-31 | ₹5.49 Billion | +43.25% |
| 2007-03-31 | ₹3.83 Billion | +74.81% |
| 2006-03-31 | ₹2.19 Billion | +12.71% |
| 2005-03-31 | ₹1.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GE T&D India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 503.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹9.34 Billion | 75.17% |
| Common Stock | ₹512.10 Million | 4.12% |
| Other Comprehensive Income | ₹685.40 Million | 5.51% |
| Other Components | ₹1.89 Billion | 15.20% |
| Total Equity | ₹12.43 Billion | 100.00% |
GE T&D India Limited Competitors by Market Cap
The table below lists competitors of GE T&D India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PennyMac Financial Services Inc
F:1AC
|
$2.09 Billion |
|
Sumitomo Rubber Industries Ltd
F:108
|
$2.09 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
$2.09 Billion |
|
Syntec Technology Co., Ltd.
TW:7750
|
$2.09 Billion |
|
Emlak Konut Gayrimenkul Yatirim Ortakligi AS
IS:EKGYO
|
$2.09 Billion |
|
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
|
$2.08 Billion |
|
Kinetik Holdings Inc
NYSE:KNTK
|
$2.08 Billion |
|
Shenergy Co Ltd
SHG:600642
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GE T&D India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,727,100,000 to 12,429,400,000, a change of 1,702,300,000 (15.9%).
- Net income of 1,810,500,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 108,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.81 Billion | +14.57% |
| Other Comprehensive Income | ₹-108.20 Million | -0.87% |
| Total Change | ₹- | 15.87% |
Book Value vs Market Value Analysis
This analysis compares GE T&D India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 36.48x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 181.62x to 36.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹9.75 | ₹1771.10 | x |
| 2006-03-31 | ₹11.00 | ₹1771.10 | x |
| 2007-03-31 | ₹16.04 | ₹1771.10 | x |
| 2008-03-31 | ₹22.98 | ₹1771.10 | x |
| 2009-03-31 | ₹30.32 | ₹1771.10 | x |
| 2010-03-31 | ₹36.24 | ₹1771.10 | x |
| 2011-03-31 | ₹41.92 | ₹1771.10 | x |
| 2013-03-31 | ₹38.07 | ₹1771.10 | x |
| 2014-03-31 | ₹51.06 | ₹1771.10 | x |
| 2015-03-31 | ₹51.23 | ₹1771.10 | x |
| 2016-03-31 | ₹52.09 | ₹1771.10 | x |
| 2017-03-31 | ₹40.34 | ₹1771.10 | x |
| 2018-03-31 | ₹46.46 | ₹1771.10 | x |
| 2019-03-31 | ₹55.77 | ₹1771.10 | x |
| 2020-03-31 | ₹41.07 | ₹1771.10 | x |
| 2021-03-31 | ₹43.85 | ₹1771.10 | x |
| 2022-03-31 | ₹42.19 | ₹1771.10 | x |
| 2023-03-31 | ₹41.90 | ₹1771.10 | x |
| 2024-03-31 | ₹48.54 | ₹1771.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GE T&D India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.72%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.88x
- Recent ROE (14.57%) is above the historical average (11.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 10.89% | 2.74% | 1.37x | 2.90x | ₹17.33 Million |
| 2006 | 16.53% | 4.17% | 1.09x | 3.63x | ₹143.27 Million |
| 2007 | 35.73% | 8.53% | 1.38x | 3.04x | ₹986.69 Million |
| 2008 | 39.37% | 10.78% | 1.17x | 3.13x | ₹1.61 Billion |
| 2009 | 31.22% | 8.57% | 0.93x | 3.93x | ₹1.54 Billion |
| 2010 | 22.16% | 5.38% | 0.94x | 4.36x | ₹1.05 Billion |
| 2011 | 18.63% | 4.65% | 0.90x | 4.46x | ₹865.04 Million |
| 2013 | 9.24% | 2.67% | 0.76x | 4.55x | ₹-69.10 Million |
| 2014 | 9.37% | 3.33% | 0.75x | 3.76x | ₹-78.56 Million |
| 2015 | 9.19% | 3.26% | 0.82x | 3.42x | ₹-106.10 Million |
| 2016 | 5.81% | 2.27% | 0.70x | 3.68x | ₹-558.74 Million |
| 2017 | -8.39% | -2.14% | 0.79x | 4.95x | ₹-1.90 Billion |
| 2018 | 17.55% | 4.83% | 0.91x | 4.01x | ₹897.99 Million |
| 2019 | 14.89% | 5.05% | 1.00x | 2.94x | ₹698.71 Million |
| 2020 | -28.77% | -9.59% | 0.76x | 3.95x | ₹-4.08 Billion |
| 2021 | 5.37% | 1.75% | 0.84x | 3.65x | ₹-519.48 Million |
| 2022 | -4.59% | -1.63% | 0.81x | 3.49x | ₹-1.58 Billion |
| 2023 | -0.14% | -0.05% | 0.75x | 3.43x | ₹-1.09 Billion |
| 2024 | 14.57% | 5.72% | 0.88x | 2.88x | ₹567.56 Million |
Industry Comparison
This section compares GE T&D India Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $35,713,209,113
- Average return on equity (ROE) among peers: 17.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GE T&D India Limited (GET&D) | ₹13.76 Billion | 10.89% | 1.93x | $2.09 Billion |
| Aaron Industries Limited (AARON) | $108.01 Million | 12.44% | 0.77x | $9.24 Million |
| Ador Welding Limited (ADORWELD) | $1.47 Billion | 17.36% | 0.26x | $74.72 Million |
| Affordable Robotic & Automation Limited (AFFORDABLE) | $1.13 Billion | 5.71% | 1.11x | $17.69K |
| AIA Engineering Limited (AIAENG) | $22.90 Billion | 19.95% | 0.19x | $1.29 Billion |
| The Anup Engineering Limited (ANUP) | $910.82 Million | 26.36% | 0.46x | $186.61 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $43.62 Million | 14.95% | 2.96x | $3.46 Million |
| Azad Engineering Limited (AZAD) | $6.45 Billion | 9.08% | 0.24x | $466.28 Million |
| Bharat Heavy Electricals Limited (BHEL) | $305.37 Billion | 21.92% | 1.35x | $4.24 Billion |
| Cummins India Limited (CUMMINSIND) | $15.61 Billion | 28.43% | 0.53x | $7.16 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $3.13 Billion | 19.78% | 1.49x | $118.56 Million |