GE T&D India Ltd (BOM:522275)
₹ 1603.05 -84.35 (-5%) Market Cap: 410.46 Bil Enterprise Value: 409.42 Bil PE Ratio: 141.79 PB Ratio: 32.78 GF Score: 69/100

Q1 2025 Ge T&D India Ltd Earnings Call Transcript

Jul 31, 2024 / 01:30PM GMT
Release Date Price: ₹1570.4 (-1.71%)

Key Points

Positve
  • GE T&D India Ltd (BOM:522275) reported robust order growth with bookings of INR10.3 billion in Q1, up by 2% year-on-year.
  • The company's order backlog increased significantly to INR62.8 billion as of June '24, a 59% year-on-year rise.
  • Q1 revenue stood at INR9.6 billion, marking a 34% year-on-year increase.
  • Profit before tax in Q1 '24-'25 was INR1.8 billion, a substantial rise from INR386 million in the previous year.
  • Cash and cash equivalents improved to INR4.4 billion as of June 30, '24, from INR2.8 billion as of March 31, '24.
Negative
  • Order inflow for the quarter was slightly subdued, with only a 2% increase year-on-year.
  • The company faces risks related to government policy changes and cross-border relationships, which could impact future order bookings.
  • Capacity utilization varies across product lines, with some products needing to catch up in terms of utilization.
  • The company refrains from providing forward-looking guidance, making it challenging to predict future performance.
  • There is no clear strategy disclosed for significant capital expenditure, which may be needed to sustain growth.
Operator

Ladies and gentlemen, good day, and welcome to GE T&D India limited earnings conference call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Ms. Megha Gupta from T&D India Limited. Thank you, and over to you, ma'am.

Megha Gupta
Ge T&D India Ltd - Lead Finance Specialist - FP&A Operations

Good evening, everyone. A very warm welcome to the GE T&D India Limited earnings call for first quarter of financial year '24-'25. I'm Megha Gupta from GE T&D India Finance and Investor Relationship team. We are delighted to have you all here on the call today.

We have with us Mr. Sandeep Zanzaria, CEO and MD of the company; Mr. Sushil Kumar, Whole-Time Director and CFO of the company; Mr. Abhishek Srivastava, Head, Business Operations; Ms. Kanika Arora, Communications Leader; Mr. Nimai Verma, Company Secretary of the company.

During the call, we will discuss company's financial performance, including operational highlights and we'll share key updates. Towards

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