As of 6 Nov 2026, CG Power and Industrial Solutions trades at 88.6× trailing earnings, above the industry P/E of 30.0×, and the shares are 21% below their 52-week high. Sales and net profit grew 21% and 7.8% a year over 3 years, with ROCE of 19% and ROE of 16%. It carries very little debt, and its dividend yield is 0.2%. It is a large-cap company with a market cap of ₹1.2 lakh crore, ranked 2nd of 97 Electrical Equipment & Parts companies by market cap; the shares rose 8.2% over the past year.
- ₹784.60
- ₹784.60
- ₹733.75
- ₹808.80
- 1.6 Cr
Health check
- ReturnsIn line
+8.2% over a year, better than 4 of 7 peers.
- Price tagPricier
P/E 88.6 vs industry 30.0.
- GrowthSteady
Sales +21.2%, profit +7.8% a year over 3 years.
- ProfitabilityAverage
ROCE 19.3% vs peer median 24.8%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags1 to check
P/E of 88.6 against an industry P/E of 30.0.
Large cap
Defensive
Key metrics
- Market cap
- ₹1.2L Cr
- Large cap
- P/E
- 88.6
- Industry 30.0
- Price to book
- 13.91
- Peers 7.24
- Dividend yield
- 0.17%
- ROE
- 16.4%
- Peers 20.6%
- ROCE
- 19.3%
- Peers 24.8%
- Debt to equity
- 0.02
- Debt ₹169 Cr
- EPS (TTM)
- ₹8.72
- Face value ₹2
- OPM (TTM)
- 13.1%
- Net margin 10.0%
- Sales growth
- +30.1%
- Latest quarter vs a year ago
- Profit growth
- +43.4%
- Latest quarter vs a year ago
- Price to sales
- 8.89
- EV/EBITDA 68.1
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 43.4% on a year ago.
- Quarterly sales up 30.1% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 88.6 against an industry P/E of 30.0.
About CG Power and Industrial Solutions
CG Power and Industrial Solutions Limited, together with its subsidiaries, provides various solutions in India and internationally. It operates through the Power Systems, Industrial Systems, Semiconductors, and Others segments. The company offers power and distribution transformers; switchgears, including high and extra-high voltage, medium voltage, power quality, and relays and automation products; motors comprising fractional horse power motors, large…
- Headquarters
- Mumbai
- Sector
- Industrials
- ISIN
- INE067A01029
- Website
- cgglobal.com
Price range
- Avg volume (3M)
- 28 L
- 1-year return
- plus 8.2%
- From 52-week high
- minus 21.2%
Analyst consensus
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| SCHNEIDERSchneider Electric Infrastructure | 1,063.40 | minus 6.37% | 25,426 | 157.8 | 68.0 | 24.8% | 11.5% | 0.71 | 17.6% | plus 27.6% |
| Median of 7 peers | – | −1.42% | 59,065 | 42.6 | 30.7 | 24.8% | 11.5% | 0.02 | 17.6% | 3.8% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 2,878 | 3,175 | 3,442 | 3,281 | 3,802 | |
| 2,497 | 2,778 | 2,975 | 2,884 | 3,262 | |
| 381 | 397 | 466 | 397 | 540 | |
| 13.2% | 12.5% | 13.6% | 12.1% | 14.2% | |
| 28.3 | 76.4 | 77.1 | 83.6 | 81.7 | |
| 2.2 | 3.5 | 3.8 | 3.5 | 4.3 | |
| 43.5 | 50.7 | 49.4 | 54.5 | 57.7 | |
| – | −35.6 | – | – | – | |
| 364 | 384 | 490 | 423 | 559 | |
| 26.6% | 26.1% | 26.3% | 27.1% | 26.8% | |
| 269 | 285 | 365 | 313 | 412 | |
| 1.76 | 1.81 | 2.32 | 1.99 | 2.61 |
Profit & loss
- Sales CAGR 3Y
- +21.2%
- Profit CAGR 3Y
- +7.8%
- EPS CAGR 3Y
- +7.0%
- ROE
- 16.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6,895 | 7,956 | 9,815 | 12,280 | |
| – | +15.4% | +23.4% | +25.1% | |
| 5,889 | 6,814 | 8,496 | 10,639 | |
| 1,005 | 1,142 | 1,319 | 1,641 | |
| 14.6% | 14.4% | 13.4% | 13.4% | |
| 51.5 | 62.5 | 108 | 191 | |
| 16.2 | 2.5 | 7.1 | 12.2 | |
| 94.5 | 94.9 | 112 | 196 | |
| 56.1 | 51 | 39.4 | 2.5 | |
| 1,002 | 1,158 | 1,348 | 1,626 | |
| 20.5% | 24.8% | 27.8% | 26.4% | |
| 963 | 1,427 | 975 | 1,206 | |
| – | +48.2% | minus 31.7% | +23.8% | |
| 6.30 | 9.33 | 6.37 | 7.71 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 305 | 305 | 306 | 315 | |
| 1,485 | 2,712 | 3,538 | 7,655 | |
| 16.6 | 17.6 | 41.1 | 119 | |
| 2,862 | 2,591 | 3,532 | 4,579 | |
| 4,669 | 5,626 | 7,417 | 12,668 | |
| 797 | 923 | 1,382 | 2,060 | |
| 34.8 | 70.8 | 447 | 837 | |
| 4.5 | 1.9 | 8.3 | 1,399 | |
| 692 | 797 | 1,680 | 2,991 | |
| 3,141 | 3,833 | 3,900 | 5,381 | |
| 4,669 | 5,626 | 7,417 | 12,668 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 947 | 1,028 | 916 | 702 | |
| −20.7 | −1,294 | −540 | −3,605 | |
| −612 | −246 | −167 | 2,794 | |
| 315 | −512 | 210 | −109 | |
| −85.5 | −234 | −427 | −778 | |
| 861 | 794 | 489 | −75.3 | |
| −229 | −199 | −199 | −205 |
Shareholding pattern
- Promoters56.34%
- Public43.66%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 56.34% | 43.66% | minus 0.02 | |
| 30 Jun 2026 | 56.36% | 43.64% | 0.00 | |
| 31 Mar 2026 | 56.36% | 43.64% | 0.00 | |
| 31 Dec 2025 | 56.36% | 43.64% | minus 0.01 | |
| 30 Sep 2025 | 56.37% | 43.63% | – |
Major shareholders
Filings & events
News
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