CG Power & Industrial Solutions Ltd
CG Power & Industrial Solutions is a global enterprise providing end-to-end solutions to utilities, industries and consumers for the management and application of efficient and sustainable electrical energy. It offers products, services and solutions in two main business segments, viz. Power Systems and Industrial Systems.
- Market Cap ₹ 85,363 Cr.
- Current Price ₹ 559
- High / Low ₹ 566 / 290
- Stock P/E 99.4
- Book Value ₹ 14.6
- Dividend Yield 0.27 %
- ROCE 61.6 %
- ROE 66.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 28.4% CAGR over last 5 years
Cons
- Stock is trading at 38.3 times its book value
- The company has delivered a poor sales growth of -2.79% over past five years.
- Earnings include an other income of Rs.851 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11,249 | 12,094 | 13,632 | 5,800 | 5,269 | 5,517 | 8,031 | 7,998 | 5,110 | 2,964 | 5,484 | 6,973 | 7,757 | |
10,445 | 11,711 | 13,019 | 5,511 | 5,181 | 5,645 | 7,893 | 7,699 | 5,079 | 2,848 | 4,837 | 5,967 | 6,647 | |
Operating Profit | 804 | 383 | 612 | 289 | 88 | -128 | 138 | 299 | 31 | 116 | 647 | 1,005 | 1,110 |
OPM % | 7% | 3% | 4% | 5% | 2% | -2% | 2% | 4% | 1% | 4% | 12% | 14% | 14% |
63 | -21 | 281 | 72 | -230 | -5 | -73 | -116 | -861 | 1,655 | 569 | 286 | 851 | |
Interest | 57 | 95 | 137 | 105 | 80 | 186 | 426 | 432 | 365 | 206 | 82 | 28 | 4 |
Depreciation | 260 | 203 | 262 | 245 | 172 | 143 | 252 | 225 | 211 | 138 | 99 | 94 | 96 |
Profit before tax | 550 | 64 | 495 | 12 | -394 | -463 | -613 | -475 | -1,407 | 1,427 | 1,035 | 1,169 | 1,861 |
Tax % | 33% | 158% | 48% | -88% | -17% | -6% | -17% | -7% | 5% | 10% | 12% | 18% | |
373 | -37 | 244 | 22 | -461 | -491 | -715 | -507 | -1,331 | 1,280 | 913 | 963 | 1,620 | |
EPS in Rs | 5.82 | -0.56 | 3.90 | 0.37 | -7.33 | -7.83 | -11.47 | -8.03 | -21.12 | 9.68 | 6.33 | 6.30 | 10.60 |
Dividend Payout % | 24% | -213% | 31% | 214% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | -5% |
5 Years: | -3% |
3 Years: | 11% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 28% |
3 Years: | 61% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 72% |
3 Years: | 100% |
1 Year: | 81% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 66% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 128 | 128 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 268 | 288 | 305 | 305 |
Reserves | 3,483 | 3,433 | 3,519 | 4,172 | 4,464 | 3,977 | 2,757 | 2,005 | -2,081 | -389 | 696 | 1,485 | 1,922 |
1,044 | 2,029 | 2,396 | 2,092 | 1,528 | 1,502 | 3,041 | 3,297 | 2,757 | 1,484 | 367 | 16 | 17 | |
3,975 | 4,415 | 4,788 | 5,370 | 4,831 | 4,557 | 4,887 | 4,883 | 3,816 | 3,035 | 2,870 | 2,821 | 2,793 | |
Total Liabilities | 8,630 | 10,006 | 10,828 | 11,760 | 10,949 | 10,161 | 10,811 | 10,311 | 4,617 | 4,397 | 4,222 | 4,628 | 5,038 |
2,148 | 2,835 | 3,241 | 4,127 | 2,588 | 1,705 | 2,364 | 2,050 | 1,489 | 1,146 | 1,081 | 971 | 975 | |
CWIP | 110 | 231 | 218 | 104 | 90 | 61 | 85 | 91 | 28 | 20 | 35 | 38 | 65 |
Investments | 786 | 791 | 299 | 442 | 231 | 209 | 279 | 130 | 2 | 2 | 41 | 1 | 702 |
5,586 | 6,149 | 7,070 | 7,088 | 8,040 | 8,186 | 8,083 | 8,040 | 3,098 | 3,229 | 3,064 | 3,618 | 3,296 | |
Total Assets | 8,630 | 10,006 | 10,828 | 11,760 | 10,949 | 10,161 | 10,811 | 10,311 | 4,617 | 4,397 | 4,222 | 4,628 | 5,038 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
413 | 425 | 320 | -672 | -61 | -540 | 380 | 811 | 692 | -242 | 483 | 947 | |
-462 | -1,138 | -98 | 429 | 432 | 497 | -1,031 | -745 | -178 | -51 | 227 | -21 | |
248 | 799 | 10 | 157 | -222 | 50 | 514 | -213 | -528 | 590 | -800 | -612 | |
Net Cash Flow | 199 | 86 | 232 | -87 | 149 | 7 | -138 | -147 | -14 | 297 | -91 | 315 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 102 | 95 | 96 | 194 | 144 | 124 | 109 | 77 | 37 | 72 | 63 | 68 |
Inventory Days | 61 | 75 | 67 | 128 | 59 | 83 | 85 | 84 | 42 | 79 | 48 | 41 |
Days Payable | 105 | 112 | 111 | 202 | 132 | 130 | 130 | 162 | 143 | 191 | 107 | 96 |
Cash Conversion Cycle | 58 | 58 | 52 | 120 | 71 | 77 | 64 | -1 | -63 | -40 | 3 | 13 |
Working Capital Days | 41 | 30 | 33 | 125 | 95 | 330 | 3 | -38 | -209 | -128 | -59 | -17 |
ROCE % | 14% | 5% | 11% | 5% | 5% | -4% | -1% | 2% | -4% | 8% | 43% | 62% |
Documents
Announcements
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Certificate Under Regulation 40(9) Of SEBI LODR
5m - Certificate issued by M/s P Mehta & Associates, Companies Secretaries in Practice for the year ended 31st March, 2024 As per Regulation 40(9) of SEBI …
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Certificate Under Regulation 40(9) Of SEBI LODR
1h - Certificate issued by M/S P Mehta & Associates, Companies Secretaries in Practice for the year ended 31st March 2024 As per Regulation 40(9) of SEBI …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4h - Earnings call scheduled post declaration of the financial results for the quarter and year ended 31st March, 2024 through Digital Access/Conference Call with Investors is …
- Board Meeting Intimation for Considering And Approving The Audited Financial Results, On Standalone As Well As Consolidated Basis, Of The Company For The Quarter And Financial Year Ended 31St March 2024. 4h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
from nse
Concalls
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Feb 2024Transcript PPT
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Oct 2023TranscriptPPTREC
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT
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Jan 2023Transcript PPT
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Jan 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Aug 2019TranscriptNotesPPT
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Feb 2019TranscriptPPT
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Aug 2018TranscriptPPT
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Jun 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Feb 2017TranscriptPPT
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Dec 2016TranscriptPPT
About
CG is a 85+ year old Murugappa Group Company. The company has two business divisions: Industrial Systems (catering to Motors & Drives, Railways) and Power Systems (used in Transformers, Switchgears & other allied products). The company is a market leader and volume player in Motors business.[1]