CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions Limited operates in Heavy Electrical Equipment, part of the Capital Goods sector. It booked ₹3,802 cr of revenue in its latest quarter (Q2 FY27) and kept 10.8% of sales as profit. It is the 4th largest of 9 Heavy Electrical Equipment companies we track, by market value.
| Segment | FY20 | FY21 | FY22 | FY23 | FY24 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Industrial Systems | 2,361 | 2,092 | 3,953 | 4,934 | 5,429 | 6,747 | 46% → 54% |
| Power Systems | 2,736 | 862 | 1,594 | 2,090 | 2,598 | 5,138 | 54% → 41% |
| Semiconductors | — | — | — | — | — | 503 | 4% |
| Others | 13 | 12 | 16 | 16 | 22 | 34 | 0% → 0% |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0% → 0% |
| Total | 5,110 | 2,965 | 5,562 | 7,041 | 8,049 | 12,422 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“This Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, details CG’s environmental, social CG operates world-class manufacturing facilities and its operations are supported by a robust network of regional offices, branch and governance (ESG) - policies, practices and performance.”
Healthier than 63% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 41
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in CGPOWER?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹3,802 cr |
| Other Income | ₹82 cr |
| Total Income | ₹3,883 cr |
| Cost of Materials | ₹2,497 cr |
| Purchases of Stock-in-Trade | ₹100 cr |
| Inventory Change (±) | ₹-11 cr |
| Employee Benefit Expense | ₹261 cr |
| Finance Costs | ₹4 cr |
| Depreciation & Amortisation | ₹58 cr |
| Other Expenses | ₹414 cr |
| Total Expenses | ₹3,324 cr |
| Profit before Tax | ₹559 cr |
| Tax Expense | ₹150 cr |
| Net Profit | ₹409 cr |
| Net margin on total income | 10.5% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 3,442 cr | 3,281 cr | 3,802 cr |
| Total income | 3,519 cr | 3,364 cr | 3,883 cr |
| Expenses | 3,028 cr | 2,942 cr | 3,324 cr |
| Profit before tax | 490 cr | 423 cr | 559 cr |
| Tax | 129 cr | 115 cr | 150 cr |
| Net profit (owners' share) | 365 cr | 304 cr | 412 cr |
| Net margin (owners' share, on revenue) | 10.6% | 9.3% | 10.8% |
| EPS (₹) | 2.31 | 1.99 | 2.62 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Siemens Limited | ₹3,387 | ₹7.53 L cr | 87.8 | 61.9% | 45.5% | — |
| ABB India Limited | ₹6,605 | ₹1.40 L cr | 94.6 | 15.5% | 10.2% | — |
| Bharat Heavy Electricals Limited | ₹400 | ₹1.39 L cr | 42.4 | 12.3% | 8.8% | — |
| CG Power and Industrial Solutions Limitedthis company | ₹810 | ₹1.28 L cr | 77.3 | 18.9% | 10.8% | — |
| Hitachi Energy India Limited | ₹27,280 | ₹1.22 L cr | 103.3 | 22.7% | 11.8% | — |
| GE Vernova T&D India Limited | ₹4,050 | ₹1.04 L cr | 60.1 | 52.4% | 21.3% | — |
| Siemens Energy India Limited | ₹2,847 | ₹1.01 L cr | 57.5 | 36.7% | 17.7% | — |
| Suzlon Energy Limited | ₹36 | ₹49,179 cr | 30.8 | 15.3% | 8.1% | — |
| Thermax Limited | ₹3,151 | ₹35,498 cr | 351.7 | 1.8% | 1.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹1.3 / share | 30 Jan 2026 |
| Dividend | ₹1.3 / share | 21 Mar 2025 |
| Dividend | ₹1.3 / share | 5 Feb 2024 |
| Dividend | ₹1.5 / share | 15 Mar 2023 |
| Dividend | ₹0.4 / share | 6 Feb 2015 |
| Dividend | ₹0.4 / share | 22 Oct 2014 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 3 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Sep 2026, the company says it has spent 21% of what it set aside, leaving ₹2,340 cr still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing