MarketFriction

CG Power & Industrial Solutions Ltd

NSE CGPOWER · BSE 500093 · Heavy Electrical Equipment
₹879.00 +2.90%
NSE close2026-10-01
52 week range525.50 - 980.90
Market cap₹1,35,183 Cr.
P/E106
Nifty Next 50Nifty 100Nifty 200Nifty 500Nifty EnergyNifty Infrastructure No price band Delivery 26.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,0021,9792,1922,2282,4132,5162,7532,8782,9233,1753,4423,281
Expenses1,6931,7181,9081,9002,1182,1852,4062,4972,5462,7782,9752,884
Operating Profit309261284327295331347381377397466397
OPM %15%13%13%15%12%13%13%13%13%13%14%12%
Other Income4357942332934712866417984
Interest011121323444
Depreciation232424242828324452514954
Profit before tax329816301336294335384364388384492423
Tax %26%8%22%28%25%29%29%27%27%26%26%27%
Net Profit242748234241220238274267284284363308
EPS in Rs1.594.891.531.581.451.571.781.761.821.812.321.99
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5,2695,5178,0317,9985,1102,9645,4846,9738,0469,90912,41812,821
Expenses5,1815,6457,8937,6995,0792,8484,8375,9676,9048,58910,77711,183
Operating Profit88-128138299311166471,0051,1421,3191,6411,638
OPM %1.7%-2.3%1.7%3.7%0.6%3.9%12%14%14%13%13%13%
Other Income-230-5-73-116-8611,655569286684162208270
Interest80186426432365206822817212513
Depreciation172143252225211138999495112196207
Profit before tax-394-463-613-475-1,4071,4271,0351,1691,7151,3481,6281,687
Tax %17%6%17%7%-5%10%12%18%17%28%26%
Net Profit-461-491-715-507-1,3311,2809139631,4289731,1991,240
EPS in Rs-7.33-7.83-11.47-8.03-21.129.686.336.309.346.377.667.94
Dividend Payout %0%0%0%0%0%0%0%24%14%20%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%33%21%21%
Compounded Profit Growth37%70%10%27%
Stock Price CAGR28%47%25%16%
Return on Equity%38%30%20%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital125125125125125125268288305305306315
Reserves4,1724,4643,9772,7572,005-2,081-3527151,4852,7123,5387,655
Borrowings2,0921,5281,5023,0413,2972,7571,484367161741118
Other Liabilities5,3704,8314,5574,8874,8833,8162,9972,8522,8612,5903,5284,555
Total Liabilities11,76010,94910,16110,81110,3114,6174,3974,2224,6685,6257,41312,644
Fixed Assets4,1272,5881,7052,3642,0501,4891,1461,0819711,0591,4792,008
CWIP104906185912820353894386725
Investments44223120927913022411588438453
Other Assets7,0888,0408,1868,0838,0403,0983,2293,0643,6583,8845,1109,458
Total Assets11,76010,94910,16110,81110,3114,6174,3974,2224,6685,6257,41312,644
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-672-61-540380811692-2424839471,028916702
Cash from Investing Activity429432497-1,031-745-178-51227-21-1,294-540-3,605
Cash from Financing Activity157-22250514-213-528590-800-612-246-1672,794
Net Cash Flow-871497-138-147-14297-91315-512210-109
Free Cash Flow-537292-592203682649-257413865805491-72
CFO/OP-147%72%354%319%284%2,311%-206%69%95%90%84%74%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1941441241097737726368707486
Inventory Days1285983858442794841496067
Days Payable202132130130162143191107949899105
Cash Conversion Cycle120717764-1-63-40315213548
Working Capital Days8447283-53-96-285-207-62481670
ROCE %5%5%-4%-1%2%-4%8%42%61%47%37%27%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.12%58.12%58.11%58.09%58.07%58.06%58.06%58.05%56.37%56.36%56.36%56.36%
FIIs16.74%16.05%15.18%14.64%14.58%14.30%12.97%12.69%13.02%12.02%12.03%11.97%
DIIs7.83%9.15%10.09%11.07%11.43%11.91%13.58%14.22%16.26%17.52%18.01%18.23%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.04%0.07%0.07%
Public17.31%16.69%16.61%16.19%15.92%15.73%15.39%15.02%14.35%14.05%13.53%13.37%
No. of Shareholders1,84,0642,00,4972,58,5873,41,8204,21,2504,70,5004,94,9164,92,4185,47,0435,35,8035,21,3495,33,530

Fundamentals

Market Cap₹ 1,35,183 Cr.
Current Price₹ 858
Stock P/E106
Book Value₹ 50.6
ROCE26.7 %
ROE20.5 %
Dividend Yield0.15 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)21%
Compounded Profit Growth (TTM)27%
Consolidated figures.
Valuation
Market capRs 138,439 Cr
Enterprise valueRs 137,530 Cr
P/E (TTM)110.75x
Price to book17.37x
Price to sales10.80x
EV / EBITDA72.11x
EV / EBIT80.86x
EV / sales10.73x
Price to cash flow197.08x
Earnings yield0.90%
Dividend yield0.15%
P/E, 3-year average81.20x
P/B, 3-year average21.91x
P/E, 5-year average64.22x
P/B, 5-year average23.71x
Profitability
Operating margin (excl. other income)13.21%
Operating margin (incl. other income)14.88%
EBITDA margin14.88%
Pre-tax margin13.16%
Net profit margin9.75%
Net margin, latest quarter9.54%
ROE20.42%
ROCE27.61%
ROA12.03%
ROE, 3-year average36.06%
ROCE, 3-year average46.23%
ROA, 3-year average18.24%
ROE, 5-year average75.16%
ROCE, 5-year average58.94%
ROA, 5-year average19.51%
ROIC (approx.)17.73%
Tax rate26.38%
Other income / net worth2.60%
Growth
Sales growth (latest year)25.32%
Profit growth (latest year)23.77%
Sales CAGR, 3 years21.21%
Sales CAGR, 5 years33.18%
Profit CAGR, 3 years7.81%
Profit CAGR, 5 years-1.41%
Sales growth QoQ-4.68%
Profit growth QoQ-14.36%
Sales growth YoY (latest quarter)13.99%
Profit growth YoY (latest quarter)16.26%
Per share
EPS (TTM)Rs 7.94
EPS (latest year)Rs 7.66
EPS (latest quarter)Rs 1.99
EPS, 3-year averageRs 7.79
EPS, 5-year averageRs 7.20
Book value per shareRs 50.61
Sales per shareRs 81.40
Cash flow per shareRs 4.46
Free cash flow per shareRs -0.46
Dividend per share (latest year)Rs 1.30
Dividend per share, 3-year averageRs 1.30
Dividend per share, 5-year averageRs 1.35
Dividends
Dividend payout16.97%
Dividend payout, 3-year average17.09%
Dividend payout, 5-year average18.77%
Efficiency
Asset turnover0.98x
Fixed asset turnover6.18x
Inventory turnover5.68x
Inventory days64 days
Debtor days86 days
Debtors turnover4.25x
Creditor days105 days
Cash conversion cycle48 days
Working capital days70 days
Leverage
Total debtRs 118 Cr
Cash and bankRs 1,028 Cr
Net debtRs -909 Cr
Debt to equity0.01x
Net debt / EBITDA-0.48x
Interest coverage126.08x
Current ratio (filing 2026-03-31)1.91x
Quick ratio (filing 2026-03-31)1.53x
Trade payables (filing 2026-03-31)Rs 2,468 Cr
Owners' fund to total sources63.04%
Debt to assets0.94%
Cash flow
Cash from Operating Activity (latest year)Rs 702 Cr
Cash from Investing Activity (latest year)Rs -3,605 Cr
Cash from Financing Activity (latest year)Rs 2,794 Cr
Net Cash Flow (latest year)Rs -109 Cr
Free cash flow (latest year)Rs -72 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years0.74x
Sales to cash flow17.68x
Statement figures
Net sales (TTM)Rs 12,821 Cr
Net sales (latest year)Rs 12,418 Cr
Sales (latest quarter)Rs 3,281 Cr
Operating profit excl. other income (latest year)Rs 1,641 Cr
Operating profit (latest quarter)Rs 397 Cr
Other income (TTM)Rs 270 Cr
EBITDA (TTM)Rs 1,907 Cr
PBDT (TTM)Rs 1,894 Cr
Profit before tax (TTM)Rs 1,687 Cr
Tax (latest year)Rs 430 Cr
Net profit (TTM)Rs 1,250 Cr
Net profit (latest year)Rs 1,206 Cr
Net profit (latest quarter)Rs 313 Cr
Depreciation (TTM)Rs 207 Cr
Depreciation (latest quarter)Rs 54 Cr
Interest (TTM)Rs 13 Cr
Cost of goods sold (latest year)Rs 8,997 Cr
Total expenditure (latest year)Rs 10,777 Cr
Total income (latest year)Rs 12,625 Cr
Share capitalRs 315 Cr
ReservesRs 7,655 Cr
Shareholders' fundsRs 7,970 Cr
Total assetsRs 12,644 Cr
Net blockRs 2,008 Cr
Capital work in progressRs 725 Cr
InvestmentsRs 453 Cr
ReceivablesRs 2,924 Cr
InventoryRs 1,584 Cr
Other liabilitiesRs 4,555 Cr
Shares outstanding (crore)157.50
Ownership
Promoter holding56.36% (-1.69 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 110.8 is at the 86th percentile of its own 5.4-year range (median 74.3, low 9.5, high 124.3).
P/B 17.37 is at the 43th percentile (median 27.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodCGPOWERNifty 50Difference
1 week-0.9%-2.8% +1.9 pts
1 month-0.7%-6.8% +6.1 pts
3 months-1.5%-7.6% +6.1 pts
6 months+34.2%+0.4% +33.8 pts
1 year+15.8%-9.9% +25.7 pts
2 years+13.6%-13.6% +27.1 pts
3 years+98.8%+14.2% +84.6 pts
5 years+607.4%+27.9% +579.6 pts
283 mutual fund schemes hold about ₹14,087 Cr. Over three months 39 bought more and 170 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Flexi Cap Fund5.76%815 -12%
Motilal Oswal Large & Midcap Fund3.10%624 -37%
Motilal Oswal Large & Midcap Fund3.10%571 -37%
ICICI Pru Large & Mid Cap Fund1.69%567 +100%
Axis ELSS-Tax Saver Fund1.68%550 -19%
Nippon India Growth Mid Cap Fund0.89%467 -8%
Nippon India Multi Cap Fund0.73%413 -20%
ICICI Pru Balanced Advantage Fund(M0.49%369 +65%
Aditya Birla SL Flexi Cap Fund1.26%366 -10%
HDFC Focused Fund1.15%325 +48%
Axis Large Cap Fund1.01%318 -4%
Axis Midcap Fund0.89%305 -10%
ICICI Pru Multi Cap Fund1.52%296 -9%
ICICI Pru Multi Cap Fund1.52%285 -9%
UTI Flexi Cap Fund1.07%259 +1%
UTI Nifty200 Momentum 30 Index Fund3.06%258 -4%
ICICI Pru Nifty Next 50 Index Fund2.47%250 -6%
HDFC Large Cap Fund0.62%248 -5%
Axis Focused Fund2.12%242 -25%
DSP Flexi Cap Fund1.79%224 -4%
Axis Flexi Cap Fund1.57%219 -27%
Axis Flexi Cap Fund1.57%211 -27%
UTI Nifty Next 50 Index Fund2.47%187 -6%
HDFC Manufacturing Fund1.62%171 -11%
HSBC Midcap Fund0.98%168 +200%

Red flags

F-score 2 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2022-06-22Mamta MauryaImmediate relativesell42,090Rs 0.73 CrMarket Sale
2021-06-17Mamta MauryaImmediate relativebuy1,100Rs 0.01 CrMarket Purchase
2021-06-16Mamta MauryaImmediate relativebuy6,000Rs 0.05 CrMarket Purchase
2021-06-15Mamta MauryaImmediate relativebuy10,000Rs 0.08 CrMarket Purchase
2021-02-23MA Murugappan Holdings LLPPromoter Groupbuy10,000Rs 0.06 CrMarket Purchase
2021-02-23Murugappan Arunachalam Children TrPromoter Groupbuy26,081Rs 0.15 CrMarket Purchase
2021-02-23Archana Radheshyam SwamiImmediate relativebuy50,000Rs 0.29 CrMarket Purchase
2021-02-22Murugappan Arunachalam Children TrPromoter Groupbuy20,819Rs 0.11 CrMarket Purchase
2021-02-22Mrs. Meyyammai A MPromoter Groupbuy90,000Rs 0.49 CrMarket Purchase
2021-02-22MA Murugappan Holdings LLPPromoter Groupbuy250,000Rs 1.37 CrMarket Purchase
2021-02-19Archana Radheshyam SwamiImmediate relativebuy25,000Rs 0.13 CrMarket Purchase
2021-02-12MAM ArunachalamDirectorbuy159,000Rs 0.72 CrMarket Purchase
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹3,281 Cr +14.0% vs Jun 2025. Net profit ₹308 Cr +15.4%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-01-30Interim Dividend - Rs 1.30 Per Share
2025-03-21Interim Dividend - Rs 1.30 Per Share
2024-02-05Interim Dividend - Rs 1.30 Per Share
2023-03-15Interim Dividend - Rs 1.50 Per Share
2016-08-16 Annual General Meeting (Book Closure Dates Revised)
2016-03-15 Scheme Of Arrangement
2015-07-16Annual General Meeting
2015-02-06Interim Dividend - Re 0.40/- Per Share (Purpose Revised)
2014-10-22Interim Dividend Re.0.40 Per Share (Purpose Revised)
2014-07-30Annual General Meeting / Final Dividend - Re 0.40/- Per Share (Purpose Revised)
2014-02-04Interim Dividend - Re 0.40/- Per Share (Purpose Revised)
2013-11-13Interim Dividend Re.0.40 Per Share (Purpose Revised)
2013-07-25Annual General Meeting And Final Dividend Re.0.40 Per Share (Purpose Revised)
2012-11-07Interim Dividend Re.0.40 Per Share (Purpose Revised)
2012-07-26Annual General Meeting And Interim Dividend Re.0.40 Per Share (Purpose Revised)
2012-03-29Interim Dividend - Rs.0.40 Per Share (Purpose Revised)
2012-02-03Interim Dividend Re.0.20 Per Share (Purpose Revised)
2011-10-24Interim Dividend Re.0.80 Per Share (Purpose Revised)
2011-07-11Annual General Meeting
2011-03-283rd Interim Dividend-Re.0.60 Per Share (Purpose Revised)
2011-02-032nd Interim Dividend-Re.0.80 Per Share (Purpose Revised)
2010-10-29Interim Dividend-Re.0.80 Per Share (Purpose Revised)
2010-07-09Annual General Meeting
2010-03-08Bonus 3:40.5714
2010-02-042nd Int Div-Rs.1.40 Pr Shpurpose Revised
2009-10-30Int Div-Re.0.80 Per Sharepurpose Revised
2009-07-09Annual General Meeting
2009-03-303rd Interim Dividend-25% Purpose Revised
2009-01-29Interim Dividend - 40% Purpose Revised
2008-10-27Interim Dividend - 35% Purpose Revised
2008-07-10Annual General Meeting
2008-04-033rd Int Div - 20% Purpose Revised
2008-02-04Interim Div-Rs.0.80 Pr Shpurpose Revised
2007-11-02Interim Dividend-20% Purpose Revised
2007-07-12Agm Bc End Date Revised
2007-03-233rd Interim Dividend-25% Purpose Revised
2007-02-01Interim Dividend-25% Purpose Revised
2006-12-14Bonus 2:50.7143
2006-10-26Interim Dividend-20% Purpose Revised
2006-08-10Fv Split Rs.10/- To Rs.2/0.2000
2006-07-06Agm
DateTypeWhat it says
2026-09-30Change in ManagementChange in Management
2026-09-30ResignationResignation of Mr. Ajay Jain as Vice President - Transformer Business of the Company w.e.f. September 30, 2026.
2026-09-25Shareholder meetingVoting results.
2026-09-20ESOPAllotment of 18250 Shares.
2026-09-19Concall / analyst meetSchedule of meet
2026-09-16Concall / analyst meetSchedule of meet
2026-09-08Disclosure of material issueCG Power and Industrial Solutions Limited has informed regarding Disclosure of material issue
2026-09-04Press ReleaseA press release dated September 04, 2026, titled "CG strengthens India s power infrastructure manufacturing capabilities with the roll out of first tr...
2026-09-04Capacity additionCapacity addition
2026-09-01AppointmentAppointment of Mr Samit Khanna as Other of the company w.e.f. September 01, 2026.
2026-08-26Shareholder meetingNotice of Postal Ballot
2026-08-20General UpdatesUpdate on the Acquisition of Tosil Systems Private Limited by Axiro Semiconductor Private Limited
2026-08-19AppointmentAppointment of M/s. Price Waterhouse Chartered Accountants LLP as Statutory Auditors of the Company w.e.f. August 19, 2026.
2026-08-18General UpdatesGeneral Updates
2026-08-17General UpdatesExecution of Definitive Agreement for the acquisition of Tosil Systems Private Limited by Axiro Semiconductor Private Limited
2026-08-14ResignationResignation of M/s. S R B C & CO LLP as Statutory Auditors of the Company w.e.f. close of business hours on August 14, 2026.
2026-08-12Concall / analyst meetSchedule of meet
2026-08-12Concall / analyst meetSchedule of meet
2026-08-06ESOPAllotment of 218000 Shares.
2026-07-30Concall / analyst meetTranscript
2026-07-30ESOPExercise of 218150 Options.
2026-07-25Shareholder meetingVoting results.
2026-07-24Shareholder meetingProceedings of Annual General Meeting held on July 24, 2026
2026-07-24Concall / analyst meetLink of Recording
2026-07-24Monitoring Agency ReportMonitoring Agency Report for the quarter ended 30th June, 2026
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.67
Max pain (expiry 2026-10-27)880
Largest call open interest at900
Largest put open interest at900
Implied volatility, at the money31.1%
Underlying at snapshot879.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30318
2026-09-2926,946
2026-09-2820
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-10NCLTCG Power and Industrial Solutions Limited Vs U. P. Jal Vidyut Nigam Ltd
2021-04-06NCLTCG Power and Industrial Solutions Limited Vs U. P. Jal Vidyut Nigam Ltd
2018-06-01NCLTM/s. CG Power and Industrial Solutions Ltd. Vs M/s. Effimac Equipments Pvt. Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of CG Power & Industrial Solutions Ltd?

CG Power & Industrial Solutions Ltd (CGPOWER) has a market capitalisation of Rs 1,35,183 Cr. at the 2026-10-01 close.

What is the P/E ratio of CG Power & Industrial Solutions Ltd?

CG Power & Industrial Solutions Ltd trades at a P/E of 106 on trailing twelve-month profit, at the 2026-10-01 close.

What were CG Power & Industrial Solutions Ltd's latest quarterly results?

In the Jun 2026 quarter, CG Power & Industrial Solutions Ltd sales was Rs 3,281 Cr (+14.0% vs Jun 2025) and net profit was Rs 308 Cr.

What is the 52-week high and low of CG Power & Industrial Solutions Ltd?

The 52-week high is Rs 980.90 and the 52-week low is Rs 525.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03