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

• Market Cap: ₹1.06T
• Dividend Yield: 0.19%
• Average Volume (3M): 120.24K
• Price to Earnings (P/E): 96.9
• Beta (1Y): 1.43
• Revenue Growth: 25.63%
• EPS Growth: -26.61%
• Country: IN
• Employees: 3,113
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 1.82
• Shares Outstanding: 1,574,857,700
• 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: ₹811.00
• Price Target Upside: 20.72% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ₹771.00 ▲(14.77% 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.

Positive Factors

Revenue Growth

Consistent revenue growth of 23.1% annually highlights CG Power's expanding market reach and product demand, supporting long-term business sustainability.

Balance Sheet Health

A low debt-to-equity ratio indicates minimal leverage risk, providing CG Power with financial stability and flexibility for future investments.

Cash Generation

Strong cash generation enhances CG Power's ability to fund operations, invest in growth opportunities, and return value to shareholders.

Negative Factors

EPS Decline

A significant decline in EPS growth suggests potential challenges in maintaining profitability, which could impact long-term earnings stability.

Valuation Concerns

High valuation metrics may limit future stock price appreciation, affecting investor sentiment and potentially leading to volatility.

Dividend Yield

A low dividend yield could deter income-focused investors, impacting the attractiveness of CG Power's stock for those seeking regular income.

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: Neutral
• Last Price: 671.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Neutral. The current price of 671.8 is above the 20-day moving average (MA) of 669.06, below the 50-day MA of 711.30, and below the 200-day MA of 682.73, indicating a neutral trend. The MACD of -12.71 indicates Negative momentum. The RSI at 43.40 is Neutral, neither overbought nor oversold. The STOCH value of 58.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
APARINDS	74 Outperform	₹352.15B	37.48	―	0.58%	21.16%	8.27%
RRKABEL	74 Outperform	₹168.27B	41.67	―	0.50%	17.36%	52.81%
CGPOWER	72 Outperform	₹1.06T	96.89	―	0.19%	25.63%	-26.61%
POLYCAB	72 Outperform	₹1.12T	45.46	―	0.47%	22.25%	36.99%
HAVELLS	66 Neutral	₹888.01B	60.67	―	0.71%	7.26%	3.66%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KEI	63 Neutral	₹409.28B	51.36	―	0.09%	22.68%	20.52%

CG Power & Industrial Solutions Ltd Corporate Events

CG Power Receives Warning for Delayed Disclosure on Promoter Reclassification

CG Power & Industrial Solutions Ltd has received warning letters from the National Stock Exchange of India and Bombay Stock Exchange regarding a delay in the disclosure of a material event related to the reclassification of promoters under SEBI regulations. The company acknowledged the delay and committed to ensuring compliance with SEBI regulations in the future, highlighting the importance of timely disclosures to maintain regulatory standards.

CG Power Secures Approval for Promoter Group Reclassification

CG Power & Industrial Solutions Ltd has announced that the National Stock Exchange of India Limited and BSE Limited have granted no objection for the reclassification of Yanmar Coromandel Agrisolutions Pvt. Ltd. and Coromandel Engineering Company Limited from the Promoter Group category. This move is part of the company’s strategic efforts to streamline its organizational structure, potentially impacting its market positioning and stakeholder relationships.

G.G. Tronics Advances Uniform Braking Algorithm for Indian Railways

G.G. Tronics India Private Limited announced significant progress in developing the Uniform Braking Algorithm for Indian Railways, which aims to ensure consistent braking performance across vendors. Despite the cancellation of an order from Chittaranjan Locomotive Works due to approval delays, GGT remains qualified for future tenders and expects to participate in bulk procurement with enhanced capabilities.

CG Power Releases Investor Call Transcript

CG Power & Industrial Solutions Ltd has announced that the transcript of its recent conference call with analysts and investors, held on October 29, 2025, has been made available on the company’s website. This move reflects the company’s commitment to transparency and open communication with stakeholders, potentially enhancing investor confidence and market perception.

CG Power Reports Record Q2FY26 Performance with Strong Growth

CG Power & Industrial Solutions Ltd reported a robust financial performance for the second quarter and half-year ending September 30, 2025, showcasing significant growth driven by strategic transformation and disciplined execution. The company achieved record standalone revenue and profit before tax, with sales increasing by 17% year-on-year, order intake growing by 32%, and profit after tax rising by 38%. The strong order backlog of INR 13,568 Cr ensures multi-quarter visibility, highlighting the company’s strengthened market position and promising future prospects.

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.