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 ₹ 81,582 Cr.
- Current Price ₹ 534
- High / Low ₹ 557 / 290
- Stock P/E 95.0
- Book Value ₹ 14.6
- Dividend Yield 0.28 %
- 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 36.6 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: | 26% |
5 Years: | 69% |
3 Years: | 99% |
1 Year: | 74% |
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
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Apr
- Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 12 Apr
-
Announcement Under Regulation 30 Of SEBI (LODR), 2015
8 Apr - Disclosure under Regulation 30 of SEBI (LODR), 2015 on receipt of demand order from GST Authority today i.e. 8th April, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
Concalls
-
Feb 2024Transcript PPT
-
Oct 2023TranscriptPPTREC
-
Aug 2023Transcript PPT REC
-
May 2023Transcript PPT
-
Jan 2023Transcript PPT
-
Jan 2022TranscriptPPT
-
Oct 2021TranscriptPPT
-
Aug 2019TranscriptNotesPPT
-
Feb 2019TranscriptPPT
-
Aug 2018TranscriptPPT
-
Jun 2018TranscriptPPT
-
Feb 2018TranscriptPPT
-
Nov 2017TranscriptPPT
-
Aug 2017TranscriptPPT
-
May 2017TranscriptPPT
-
Feb 2017TranscriptPPT
-
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]