CG Power & Industrial Solutions Ltd (CGPOWER) AI Stock Analysis

• Market Cap: ₹1.18T
• Dividend Yield: 0.18%
• Average Volume (3M): 120.24K
• Price to Earnings (P/E): 107.8
• Beta (1Y): 1.39
• Revenue Growth: 25.63%
• EPS Growth: -26.61%
• Country: IN
• Employees: 3,113
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 1.84
• Shares Outstanding: 1,574,759,800
• 10 Day Avg. Volume: 123,832
• 30 Day Avg. Volume: 120,238
• PEG Ratio: -3.05
• Price to Book (P/B): 24.48
• Price to Sales (P/S): 9.50
• P/FCF Ratio: 181.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹840.00
• Price Target Upside: 14.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ₹771.00 ▲(5.20% Upside)

CG Power's strong financial performance is the most significant factor, supported by robust revenue growth, profitability, and a solid balance sheet. Technical analysis indicates a positive trend, although valuation concerns due to a high P/E ratio and low dividend yield temper the overall score.

CG Power & Industrial Solutions Ltd Business Overview & Revenue Model

Company Description

CG Power and Industrial Solutions Limited provides various solutions to utilities, industries, and consumers for the management and application of electrical energy in India and internationally. The company operates through Power Systems and Industrial Systems segments. The Power Systems segment offers power and distribution transformers, switchgears, circuit breakers, instrument transformers, lightning arrestors, isolators, and vacuum interrupters. It also undertakes design, products, procurement, construction, erection, and servicing of turnkey transmission and distribution projects, as well as substation projects. The Industrial Systems segment provides motors, AC generators, drives and automation, soft starters and shaft power monitors, heat exchanger drives with switched reluctance motors, domestic and commercial fans, traction electronics and traction machines for railway transportation, railway signaling equipment, and stampings and laminations, as well as residential, agricultural, and specialty pumps. It also offers services and refurbishment of large rotating machines. The company was formerly known as Crompton Greaves Limited and changed its name to CG Power and Industrial Solutions Limited in February 2017. CG Power and Industrial Solutions Limited was incorporated in 1937 and is headquartered in Mumbai, India.

How the Company Makes Money

CG Power & Industrial Solutions Ltd generates revenue through multiple streams primarily centered around the manufacturing and sale of electrical equipment. Key revenue streams include the production and sale of transformers, switchgear, and electric motors, which are integral to power generation, transmission, and distribution. Additionally, the company offers engineering and consulting services that help clients optimize energy usage and implement automation solutions. Significant partnerships with utility companies, government projects, and private sector clients further bolster its revenue. The company's focus on renewable energy solutions also opens up new avenues for income, aligning with global trends towards sustainability and energy efficiency.

CG Power & Industrial Solutions Ltd Financial Statement Overview

Summary

CG Power has demonstrated substantial growth in revenue and profit margins, reflecting efficient operations and a solid market position. The company maintains a robust balance sheet with low leverage, high equity, and excellent returns on equity. Cash flow analysis further supports the view of strong financial health, with high cash generation and effective capital use.

Income Statement

CG Power has shown a strong improvement in revenue and profitability over the years. The gross profit margin is healthy at approximately 30% for the most recent year, and their net profit margin has increased significantly from previous years, indicating efficient cost management. The company exhibited consistent revenue growth, with the latest annual increase at 23.1%. Both EBIT and EBITDA margins have improved, demonstrating operational efficiency.

Balance Sheet

The balance sheet shows a solid financial position with a low debt-to-equity ratio of 0.01, indicating minimal leverage risk. The equity ratio of 51.8% highlights a strong capital structure. Return on equity is robust at 25.4%, showcasing the company's ability to generate returns for shareholders. The company has reduced its debt significantly over the years, strengthening its equity base.

Cash Flow

Cash flow analysis reveals strong operational cash generation with a high operating cash flow to net income ratio of 0.97. Free cash flow has grown substantially, signaling effective capital management and increased financial flexibility. The free cash flow to net income ratio of 0.53 indicates good cash conversion from profits.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	105.59B	99.09B	80.46B	69.73B	54.84B	29.64B
Gross Profit	31.15B	29.40B	24.49B	20.74B	15.46B	9.63B
EBITDA	13.08B	12.74B	10.97B	9.63B	5.97B	638.50M
Net Income	10.03B	9.75B	14.27B	9.63B	9.13B	12.95B
Balance Sheet
Total Assets	0.00	74.17B	56.26B	46.69B	42.26B	44.02B
Cash, Cash Equivalents and Short-Term Investments	16.69B	16.96B	14.50B	7.14B	5.30B	5.18B
Total Debt	0.00	409.70M	175.60M	165.50M	3.67B	14.84B
Total Liabilities	-40.38B	33.79B	26.07B	28.78B	32.22B	44.86B
Stockholders Equity	40.38B	38.44B	30.17B	17.91B	10.03B	-847.00M
Cash Flow
Free Cash Flow	0.00	5.17B	1.63B	8.61B	4.11B	-2.60B
Operating Cash Flow	0.00	9.44B	3.97B	9.47B	4.85B	-2.42B
Investing Cash Flow	0.00	-5.68B	-6.62B	-206.90M	2.27B	-483.20M
Financing Cash Flow	0.00	-1.67B	-2.46B	-6.12B	-8.00B	5.90B

CG Power & Industrial Solutions Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 732.90
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CGPOWER, the sentiment is Negative. The current price of 732.9 is below the 20-day moving average (MA) of 742.25, below the 50-day MA of 746.62, and above the 200-day MA of 669.99, indicating a neutral trend. The MACD of -2.56 indicates Positive momentum. The RSI at 46.09 is Neutral, neither overbought nor oversold. The STOCH value of 48.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CGPOWER.

CG Power & Industrial Solutions Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
POLYCAB	76 Outperform	₹1.14T	46.23	―	0.46%	22.25%	36.99%
APARINDS	74 Outperform	₹335.07B	35.66	―	0.61%	21.16%	8.27%
RRKABEL	74 Outperform	₹160.88B	39.85	―	0.54%	17.36%	52.81%
CGPOWER	72 Outperform	₹1.18T	107.81	―	0.18%	25.63%	-26.61%
KEI	70 Outperform	₹381.90B	47.93	―	0.10%	22.68%	20.52%
HAVELLS	66 Neutral	₹932.25B	63.70	―	0.69%	7.26%	3.66%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

CG Power & Industrial Solutions Ltd Corporate Events

CG Power Schedules Earnings Call for Q2FY26 Results

CG Power and Industrial Solutions Limited has announced an upcoming earnings call scheduled for October 29, 2025, to discuss its financial results for the quarter and half-year ending September 30, 2025. This event will provide an opportunity for analysts and institutional investors to engage with the company’s management, potentially impacting stakeholders’ perceptions and the company’s market positioning.

CG Power Expands US Railway Sector Presence with Flanders Partnership

CG DE SUB, LLC, a wholly owned subsidiary of CG Power & Industrial Solutions Ltd, has entered into a strategic agreement with Flanders Electric Motors Service, LLC to expand its footprint in the USA railway sector. This collaboration aims to leverage Flanders’ local capabilities to offer competitive pricing and faster service delivery for railway traction motor replacements and refurbishments, tapping into the substantial US market dominated by Class I railroads. The partnership is expected to enhance CG’s market position by providing cutting-edge solutions backed by decades of expertise, aligning with both companies’ commitment to technical excellence and reliability.