1. GTV Engineering – Profit (PAT) for last 10 financial years

Figures below are Profit After Tax (standalone), approximate, in ₹ crore, for years ending 31 March:

| Financial Year (FY) | Net Profit (₹ crore, approx.) |

|---------------------|-------------------------------|

| FY 2016–17 | 0.38 (indiainfoline.com) |

| FY 2017–18 | 0.58 (craft.co) |

| FY 2018–19 | 0.83 (craft.co) |

| FY 2019–20 | 0.82 (craft.co) |

| FY 2020–21 | 0.57 (craft.co) |

| FY 2021–22 | 0.92 (craft.co) |

| FY 2022–23 | 4.10 (craft.co) |

| FY 2023–24 | 5.41 (craft.co) |

| FY 2024–25 | 11.05 (≈₹110.5 mn) (craft.co) |

| FY 2025–26 | 14.22 (≈₹142.2 mn) (constructionworld.in) |

Data is compiled from Craft.co (company financials), India Infoline P&L, and FY26 result commentary (Construction World). Minor rounding differences versus the annual report/BSE filings are possible. (craft.co)

Key trend: PAT has moved from sub-₹1 crore levels in FY17–21 to low double-digits by FY25–26, indicating a sharp profit scale‑up over the last 3–4 years.

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2. Expansion plan – current and recent initiatives

a) Capacity expansion at Mandideep facilities (core business)

- GTV currently has two manufacturing units at Mandideep over ~11 acres, with about 1,000 tons/month fabrication and machining capacity. (gtv.co.in)

- The company states that “major expansions are underway”, with plans to install automated machinery to streamline production.

- Post-expansion, targeted capacity is ~2,000 tons/month, i.e., roughly doubling existing capacity. (gtv.co.in)

b) Diversification into hydro power (strategic expansion)

- The Board approved and has now completed the acquisition of a 35.31% stake in Chirchind Hydro Power Pvt Ltd (CHPPL) via share-swap, issuing 39.42 lakh equity shares at ₹59.65/share (deal value ~₹23.52 crore). (whalesbook.com)

- With this, CHPPL becomes a subsidiary, giving GTV exposure to small hydro power generation and adding a renewable/utility revenue leg alongside heavy engineering. (whalesbook.com)

c) Funding headroom for further growth

- Along with the CHPPL acquisition, the Board also cleared a fund‑raising facility of up to ₹100 crore (loan/other instruments) to support expansion, working capital and related growth initiatives. (whalesbook.com)

d) Sectoral focus / demand outlook

- Management commentary around the FY26 results highlights opportunities in cement, thermal power, hydro power, steel, mining/minerals, driven by capacity expansions, plant modernisation and ongoing industrial capex in India—indicating that the capacity expansion and diversification are aligned to expected order flow from these segments. (constructionworld.in)

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Useful sources for deeper reading (no login needed in most cases)

- Company website (infrastructure & expansion): gtv.co.in → Infrastructure section (gtv.co.in)

- Screener P&L & ratios: screener.in/company/539479 (screener.in)

- FY26 results and profit commentary: Construction World article on FY26 profit growth (constructionworld.in)

- Detailed income statement (2018–2025): Craft.co GTV Engineering financials (craft.co)

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