Double-digit EBITDA margin target
Management targets normalized EBITDA margin of 10%+ for FY26 and going forward, with Q3 normalized margin at ~14.5%.
GEPOWERINDIA / guidance tracker
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GE Power India · forward-looking guidance across the available source record.
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Revenue CAGR of 5-8% over next two years
Company expects top-line growth of 5-8% compounded annually, driven by core services growth offsetting EPC decline.
Core services mix to reach 80% in 2+ years
Volume mix of core services expected to rise from ~60% in next two years to ~80% thereafter.
BHL collections of ₹340 crore by FY26 end
Total expected collection from BHL settlement is ₹340 crore, with ₹216 crore already received as of reporting date.
Core services order growth expected to continue
Management expects core services orders to grow further, targeting increased market share from current 18%.
Durgapur demerger to close within 12 months
The demerger of Durgapur facility to JSW Energy is targeted to close within 12 months from March 31, 2026, with a goal of completion within calendar 2026.
Normalized EBITDA margin base set at 11% for FY26
Management indicated that the normalized EBITDA margin (excluding one-offs) for FY26 was 11% and expects to at least maintain this level going forward.