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 ₹ 95,838 Cr.
- Current Price ₹ 627
- High / Low ₹ 875 / 518
- Stock P/E 102
- Book Value ₹ 24.4
- Dividend Yield 0.21 %
- ROCE 39.4 %
- ROE 30.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 76.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.9%
Cons
- Stock is trading at 25.7 times its book value
* 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
Part of BSE Allcap Nifty 100 Equal Weight Nifty Next 50 Nifty 500 BSE Capital Goods
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7,135 | 7,571 | 4,524 | 3,901 | 4,357 | 5,008 | 5,356 | 3,169 | 2,526 | 5,159 | 6,580 | 7,610 | 8,849 | |
6,541 | 6,954 | 4,478 | 3,676 | 4,067 | 4,646 | 5,079 | 3,066 | 2,411 | 4,562 | 5,643 | 6,534 | 7,640 | |
Operating Profit | 595 | 617 | 46 | 225 | 290 | 362 | 277 | 103 | 114 | 597 | 937 | 1,076 | 1,209 |
OPM % | 8% | 8% | 1% | 6% | 7% | 7% | 5% | 3% | 5% | 12% | 14% | 14% | 14% |
99 | 225 | 695 | -1,140 | 101 | 138 | -1,242 | -1,312 | 957 | 285 | 135 | 293 | 156 | |
Interest | 25 | 40 | 43 | 40 | 164 | 302 | 337 | 248 | 166 | 66 | 15 | 3 | 5 |
Depreciation | 72 | 89 | 113 | 99 | 92 | 102 | 104 | 91 | 81 | 74 | 75 | 78 | 83 |
Profit before tax | 596 | 712 | 586 | -1,053 | 135 | 95 | -1,406 | -1,548 | 824 | 742 | 983 | 1,289 | 1,277 |
Tax % | 25% | 27% | -1% | 4% | 8% | 80% | 1% | -4% | 16% | 15% | 20% | 22% | |
446 | 521 | 589 | -1,099 | 124 | 19 | -1,417 | -1,480 | 689 | 627 | 785 | 1,004 | 940 | |
EPS in Rs | 6.95 | 8.31 | 9.40 | -17.53 | 1.99 | 0.31 | -22.62 | -23.61 | 5.15 | 4.35 | 5.14 | 6.58 | 6.16 |
Dividend Payout % | 17% | 14% | 13% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 29% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 7% |
3 Years: | 44% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 77% |
3 Years: | 127% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 140% |
3 Years: | 48% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 23% |
3 Years: | 32% |
Last Year: | 31% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 128 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 268 | 288 | 305 | 305 | 306 |
Reserves | 2,929 | 3,231 | 4,490 | 4,003 | 4,074 | 4,029 | 2,388 | -442 | 766 | 1,531 | 2,125 | 2,940 | 3,420 |
14 | 31 | 68 | 582 | 1,334 | 2,172 | 2,163 | 1,814 | 953 | 310 | 17 | 15 | 14 | |
2,199 | 2,200 | 2,996 | 1,915 | 1,858 | 2,456 | 2,579 | 1,853 | 1,892 | 1,709 | 1,807 | 2,164 | 2,392 | |
Total Liabilities | 5,270 | 5,587 | 7,679 | 6,625 | 7,391 | 8,783 | 7,255 | 3,350 | 3,879 | 3,838 | 4,254 | 5,425 | 6,132 |
660 | 755 | 1,587 | 1,347 | 1,279 | 1,337 | 1,007 | 883 | 801 | 768 | 771 | 831 | 848 | |
CWIP | 115 | 68 | 33 | 40 | 36 | 40 | 35 | 15 | 10 | 25 | 29 | 85 | 108 |
Investments | 1,055 | 826 | 1,171 | 483 | 446 | 1,029 | 899 | 15 | 304 | 343 | 303 | 995 | 1,403 |
3,439 | 3,938 | 4,889 | 4,756 | 5,630 | 6,377 | 5,314 | 2,437 | 2,764 | 2,703 | 3,151 | 3,514 | 3,774 | |
Total Assets | 5,270 | 5,587 | 7,679 | 6,625 | 7,391 | 8,783 | 7,255 | 3,350 | 3,879 | 3,838 | 4,254 | 5,425 | 6,132 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
181 | 217 | -626 | -921 | -733 | -59 | 983 | 635 | -335 | 450 | 890 | 332 | |
-105 | 182 | -9 | 736 | 190 | -340 | -642 | -142 | -4 | 190 | 7 | -584 | |
-108 | -245 | 493 | 397 | 588 | 338 | -430 | -497 | 596 | -675 | -585 | -243 | |
Net Cash Flow | -32 | 154 | -141 | 212 | 44 | -61 | -89 | -3 | 256 | -36 | 313 | -495 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 94 | 92 | 146 | 154 | 124 | 117 | 80 | 46 | 75 | 63 | 68 | 70 |
Inventory Days | 39 | 36 | 43 | 53 | 86 | 43 | 53 | 46 | 80 | 44 | 38 | 47 |
Days Payable | 108 | 102 | 111 | 135 | 124 | 130 | 154 | 199 | 208 | 110 | 96 | 100 |
Cash Conversion Cycle | 25 | 26 | 78 | 71 | 85 | 29 | -21 | -107 | -53 | -3 | 11 | 18 |
Working Capital Days | 54 | 66 | 252 | 220 | 264 | 32 | -8 | -104 | -34 | -1 | 9 | 16 |
ROCE % | 21% | 23% | 6% | 8% | 8% | 9% | 8% | 2% | 4% | 28% | 41% | 39% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
21h - CG Power schedules 4QFY25 earnings call on 6 May 2025 with management participation.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Disclosure regarding the schedule of earnings call scheduled to be held on Tuesday, 6th May 2025.
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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 Year Ended 31St March 2025.
2d - Board meeting on May 6 to approve FY25 audited results; trading window closed till May 8.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Apr - CG Pumps launches SmartSENSE, India's first cordless automatic water pump controller technology.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
18 Apr - Disclosure regarding allotment of 1,35,000 equity shares on 18th April, 2025 in accordance with the Company''s ESOP Plan 2021.
Annual reports
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Financial Year 2024
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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
from bse
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Financial Year 2010
from nse
Concalls
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Feb 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Jan 2025TranscriptNotesPPT
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Dec 2024TranscriptNotesPPT
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Oct 2024TranscriptPPTREC
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Oct 2024TranscriptPPT
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Jul 2024TranscriptPPTREC
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May 2024TranscriptPPTREC
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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 managed and run by different groups and lately, Murugappa Group company Tube Investment has acquired with infusion of INR 700 Cr in FY2020. 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]