CG Power & Industrial Solutions Ltd

CG Power & Industrial Solutions Ltd

₹ 917 -1.86%
29 May - close price
About

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.

Key Points

Promoter
The company is promoted by Tube Investments of India Limited, a part of the Murugappa Group. The group has a diverse presence across India and globally, with businesses spanning agriculture, engineering, financial services, and more. [1] [2]

  • Market Cap 1,44,494 Cr.
  • Current Price 917
  • High / Low 944 / 526
  • Stock P/E 108
  • Book Value 52.2
  • Dividend Yield 0.14 %
  • ROCE 29.2 %
  • ROE 21.9 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 75.8% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.1%
  • Company has been maintaining a healthy dividend payout of 18.6%

Cons

  • Stock is trading at 17.6 times its book value
  • Working capital days have increased from 39.7 days to 81.7 days

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,788 1,766 1,900 1,860 2,084 2,106 2,270 2,389 2,563 2,643 2,649 2,909 3,128
1,530 1,515 1,605 1,613 1,803 1,793 1,984 2,060 2,226 2,270 2,279 2,502 2,643
Operating Profit 258 251 295 247 281 313 286 329 338 374 370 408 485
OPM % 14% 14% 16% 13% 13% 15% 13% 14% 13% 14% 14% 14% 16%
18 26 160 55 56 33 36 31 69 33 64 37 87
Interest 2 1 0 1 1 1 2 1 3 1 2 2 3
Depreciation 19 20 19 19 20 21 21 22 23 23 24 24 23
Profit before tax 255 256 436 282 316 325 298 338 381 383 409 419 547
Tax % 6% 25% 18% 23% 24% 29% 25% 28% 28% 25% 25% 26% 25%
240 192 355 216 241 232 223 244 275 286 307 312 412
EPS in Rs 1.57 1.26 2.33 1.42 1.58 1.52 1.46 1.60 1.80 1.87 1.95 1.98 2.61
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
4,524 3,901 4,357 5,008 5,356 3,169 2,526 5,159 6,580 7,610 9,329 11,331
4,478 3,676 4,067 4,646 5,079 3,066 2,411 4,562 5,643 6,534 8,055 9,690
Operating Profit 46 225 290 362 277 103 114 597 937 1,076 1,274 1,641
OPM % 1% 6% 7% 7% 5% 3% 5% 12% 14% 14% 14% 14%
695 -1,140 101 138 -1,242 -1,312 957 285 135 293 161 218
Interest 43 40 164 302 337 248 166 66 15 3 6 7
Depreciation 113 99 92 102 104 91 81 74 75 78 86 94
Profit before tax 586 -1,053 135 95 -1,406 -1,548 824 742 983 1,289 1,342 1,757
Tax % -1% 4% 8% 80% 1% -4% 16% 15% 20% 22% 27% 25%
589 -1,099 124 19 -1,417 -1,480 689 627 785 1,004 974 1,317
EPS in Rs 9.40 -17.53 1.99 0.31 -22.62 -23.61 5.15 4.35 5.14 6.58 6.37 8.36
Dividend Payout % 13% 0% 0% 0% 0% 0% 0% 0% 29% 20% 20% 16%
Compounded Sales Growth
10 Years: 11%
5 Years: 35%
3 Years: 20%
TTM: 21%
Compounded Profit Growth
10 Years: 21%
5 Years: 76%
3 Years: 22%
TTM: 41%
Stock Price CAGR
10 Years: 29%
5 Years: 61%
3 Years: 33%
1 Year: 34%
Return on Equity
10 Years: 15%
5 Years: 27%
3 Years: 25%
Last Year: 22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 125 125 125 125 125 125 268 288 305 305 306 315
Reserves 4,490 4,003 4,074 4,029 2,388 -442 766 1,531 2,125 2,940 3,763 7,901
68 582 1,334 2,172 2,163 1,814 953 310 17 15 18 46
2,996 1,915 1,858 2,456 2,579 1,853 1,892 1,709 1,807 2,164 2,733 3,695
Total Liabilities 7,679 6,625 7,391 8,783 7,255 3,350 3,879 3,838 4,254 5,425 6,820 11,957
1,587 1,347 1,279 1,337 1,007 883 801 768 771 831 855 951
CWIP 33 40 36 40 35 15 10 25 29 85 240 448
Investments 1,171 483 446 1,029 899 15 304 343 303 995 1,593 2,109
4,889 4,756 5,630 6,377 5,314 2,437 2,764 2,703 3,151 3,514 4,132 8,448
Total Assets 7,679 6,625 7,391 8,783 7,255 3,350 3,879 3,838 4,254 5,425 6,820 11,957

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-626 -921 -733 -59 983 635 -335 450 890 963 960 889
-9 736 190 -340 -642 -142 -4 190 7 -1,215 -914 -3,535
493 397 588 338 -430 -497 596 -675 -585 -243 -174 2,781
Net Cash Flow -141 212 44 -61 -89 -3 256 -36 313 -495 -128 135
Free Cash Flow -365 -527 -760 -229 913 615 -347 390 818 779 709 477
CFO/OP -891% -366% -235% -7% 361% 626% -290% 68% 96% 90% 89% 54%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 146 154 124 117 80 46 75 63 68 70 74 87
Inventory Days 43 53 86 43 53 46 80 44 38 47 57 61
Days Payable 111 135 124 130 154 199 208 110 96 100 98 106
Cash Conversion Cycle 78 71 85 29 -21 -107 -53 -3 11 18 32 43
Working Capital Days 247 166 205 -32 -79 -223 -53 -1 8 16 22 82
ROCE % 6% 8% 8% 9% 8% 2% 4% 28% 41% 39% 36% 29%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Jun 2026 (P)
Unexecuted Order Book (Standalone/Total)
INR Crores

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Transformer Capacity
MVA
Authorized Service Centres
Numbers
Market Share - Hazarduous Area Motors
%
LT Motors Managed/Installed Capacity
Lakh Units p.a.
Market Share - 800kV Transformers (by value)
%
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
58.12% 58.12% 58.12% 58.11% 58.09% 58.07% 58.06% 58.06% 58.05% 56.37% 56.36% 56.36%
15.94% 16.74% 16.05% 15.18% 14.64% 14.58% 14.30% 12.97% 12.69% 13.02% 12.02% 12.03%
7.74% 7.83% 9.15% 10.09% 11.07% 11.43% 11.91% 13.58% 14.22% 16.26% 17.52% 18.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.07%
18.18% 17.31% 16.69% 16.61% 16.19% 15.92% 15.73% 15.39% 15.02% 14.35% 14.05% 13.53%
No. of Shareholders 1,76,2101,84,0642,00,4972,58,5873,41,8204,21,2504,70,5004,94,9164,92,4185,47,0435,35,8035,21,349

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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