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 ₹ 1,38,463 Cr.
- Current Price ₹ 879
- High / Low ₹ 981 / 526
- Stock P/E 97.5
- Book Value ₹ 52.2
- Dividend Yield 0.15 %
- ROCE 28.8 %
- ROE 21.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 75.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.0%
- Company has been maintaining a healthy dividend payout of 18.6%
Cons
- Stock is trading at 16.8 times its book value
- Working capital days have increased from 37.9 days to 76.5 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE 500 BSE Capital Goods BSE 100 BSE 200 BSE Dollex 200
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,524 | 3,901 | 4,357 | 5,008 | 5,356 | 3,169 | 2,526 | 5,159 | 6,580 | 7,610 | 9,329 | 11,331 | 11,748 | |
| 4,478 | 3,676 | 4,067 | 4,646 | 5,079 | 3,066 | 2,411 | 4,562 | 5,643 | 6,534 | 8,055 | 9,687 | 10,048 | |
| Operating Profit | 46 | 225 | 290 | 362 | 277 | 103 | 114 | 597 | 937 | 1,076 | 1,274 | 1,644 | 1,700 |
| OPM % | 1.0% | 6% | 7% | 7% | 5% | 3.2% | 4.5% | 12% | 14% | 14% | 14% | 15% | 14% |
| 695 | -1,140 | 101 | 138 | -1,242 | -1,312 | 957 | 285 | 135 | 293 | 161 | 215 | 269 | |
| Interest | 43 | 40 | 164 | 302 | 337 | 248 | 166 | 66 | 15 | 3 | 6 | 7 | 9 |
| Depreciation | 113 | 99 | 92 | 102 | 104 | 91 | 81 | 74 | 75 | 78 | 86 | 94 | 100 |
| Profit before tax | 586 | -1,053 | 135 | 95 | -1,406 | -1,548 | 824 | 742 | 983 | 1,289 | 1,342 | 1,757 | 1,861 |
| 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 | 1,394 | |
| 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 | 8.85 |
| 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: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 75% |
| 3 Years: | 22% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 61% |
| 3 Years: | 30% |
| 1 Year: | 32% |
| 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 | 912 | |
| CWIP | 33 | 40 | 36 | 40 | 35 | 15 | 10 | 25 | 29 | 85 | 240 | 488 |
| 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 | 934 | 889 | |
| -9 | 736 | 190 | -340 | -642 | -142 | -4 | 190 | 7 | -1,215 | -887 | -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 | 683 | 477 |
| CFO/OP | -891% | -366% | -235% | -7% | 361% | 626% | -290% | 68% | 96% | 90% | 87% | 84% |
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 | 99 | 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 | 77 |
| ROCE % | 6% | 8% | 8% | 9% | 8% | 2% | 4% | 28% | 41% | 39% | 36% | 29% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Industrial Systems Segment Sales INR Crore |
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| Order Backlog INR Crore |
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| Order Intake INR Crore |
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| Power Systems Segment Sales INR Crore |
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| Large Industrial Motors Market Share % volume |
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| Low Tension AC Motors Market Share % volume |
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| Power Transformer Installed Capacity MVA |
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| OSAT / Semiconductor Assembly Capacity million units per day |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
- The disclosure on allotment of 2,18,000 equity shares on 6th August 2026 pursuant to the Company''s ESOP Plan 2021.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Transcript of analyst/investor conference call held on 24 July 2026 uploaded on website.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
- The disclosure on allotment of 2,18,150 equity shares on 30th July, 2026 pursuant to the Company''s ESOP Plan 2021.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- CG Power’s 89th AGM voting results: all five resolutions passed on 24 July 2026.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- CG Power held its 89th AGM on 24 July 2026; shareholders approved financials, dividend, director reappointment.
Annual reports
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Financial Year 2025
from web
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Financial Year 2024
from bse
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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
Concalls
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Jul 2026TranscriptPPTREC
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May 2026TranscriptPPT
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Jan 2026Transcript PPT REC
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Oct 2025TranscriptPPTREC
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Jul 2025Transcript PPT
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May 2025Transcript PPT REC
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Feb 2025TranscriptAI SummaryPPT
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Feb 2025Transcript PPT REC
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Jan 2025TranscriptAI SummaryPPT
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Dec 2024TranscriptAI SummaryPPT
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Oct 2024TranscriptPPT
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Oct 2024TranscriptPPTREC
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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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May 2022TranscriptPPT
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Jan 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Aug 2019TranscriptAI SummaryPPT
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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
Promoter[1] [2]
The company is promoted by Tube Investments of India Ltd, a part of the Murugappa Group, a 124-year-old diversified conglomerate with a global presence and businesses spanning agriculture, engineering, financial services, and other sectors.