GVT&D vs THERMAX: Stock Comparison

GE VERNOVA T&D INDIA vs THERMAXUpdated 8 Sept 26, 12:29 PM ISTNSE & company filings

GE VERNOVA T&D INDIA is the larger company by market capitalisation. GE VERNOVA T&D INDIA shows a higher ROE, faster revenue growth and lower leverage, while THERMAX shows a lower P/E and a higher dividend yield. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

GVT&D leads 8; THERMAX leads 5 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

GVT&DTHERMAX

Valuation lens

What price are you paying?

Market CapContext only
₹1.22 L Cr
₹43,220 Cr
P/E RatioTHERMAX has the lower reading
85.6x
72.76x
P/B RatioTHERMAX has the lower reading
41.52x
7.78x
EPSGVT&D has the higher reading
₹14.18
₹2.12
Book ValueContext only
₹105.07
₹468.22
Dividend YieldTHERMAX has the higher reading
0%
0.17%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
GVT&D is the larger company
₹1.22 L Cr vs ₹43,220 Cr
P/E Ratio
THERMAX has a lower P/E
72.76x vs 85.6x
P/B Ratio
THERMAX has a lower P/B
7.78x vs 41.52x
EPS
GVT&D has higher earnings per share
₹14.18 vs ₹2.12
Dividend Yield
THERMAX has a higher dividend yield
0.17% vs 0%
Revenue Growth (TTM YoY)
GVT&D has faster revenue growth
42% vs 11.1%
EPS Growth (TTM YoY)
GVT&D has faster EPS growth
88.7% vs 18.7%
Qtr Sales Growth
THERMAX has stronger quarterly sales growth
76.73% vs -70.41%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricGVT&DTHERMAX
SectorCapital GoodsCapital Goods
IndustryHeavy Electrical EquipmentHeavy Electrical Equipment

Price

MetricGVT&DTHERMAX
Live Price₹4,746.5₹3,624.5
Day Change8.69%0.07%
Volume32.04 L96,121
52-Week High₹5,650₹5,277.8
52-Week Low₹2,523.2₹2,742.7
Distance from 52W High-15.99%-31.33%

Valuation

MetricGVT&DTHERMAX
Market Cap₹1.22 L Cr₹43,220 Cr
P/E Ratio85.6x72.76x
P/B Ratio41.52x7.78x
EPS₹14.18₹2.12
Book Value₹105.07₹468.22
Dividend Yield0%0.17%

Growth

MetricGVT&DTHERMAX
Revenue Growth (TTM YoY)42%11.1%
EPS Growth (TTM YoY)88.7%18.7%
Qtr Sales Growth-70.41%76.73%
Qtr Profit Growth-70.57%220.39%

Profitability & Leverage

MetricGVT&DTHERMAX
ROE45.84%12.91%
ROCE107.22%11.4%
Net Margin19.25%6.78%
Operating Margin26.82%10.73%
Debt to Equity0x0.41x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricGVT&DTHERMAX
Promoter Holding50.7%61.98%
FII Holding22.89% 2.5 pp11.46% 0.22 pp
DII Holding18.47% 2.92 pp15.22% 0.27 pp
Public Holding7.64% 0.42 pp5.88% 0.06 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: GE VERNOVA T&D INDIA and THERMAX.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.