CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated May 06, 2025, titled "4th quarter and year ended 31st March 2025".
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Awaiting price reaction for this filing.
CG Power reported record quarterly and annual standalone sales and profit before tax, with all-time high performance. Q4 FY25 standalone sales grew 23% year-on-year to INR 2,563 crore, with PBT (before other income) up 20% to INR 313 crore. For full year FY25, sales rose 23% to INR 9,329 crore and PBT (before other income) grew 19% to INR 1,181 crore, delivering a 32.8% ROCE. The order backlog stood robust at INR 9,909 crore, 58% higher year-on-year, giving strong revenue visibility. The Power Systems segment was a standout with FY25 PBIT up 61% on better pricing and operating leverage, while Industrial Systems margins slipped due to commodity costs and a higher railway mix. Key developments included the GGT acquisition (KAVACH/TCAS order worth INR 500–600 crore), a CG Semi OSAT fiscal support agreement of up to INR 3,501 crore, a greenfield transformer capacity expansion of INR 712 crore, a Vande Bharat trainset order of INR 400–450 crore, and the Renesas RF Components acquisition.
Strong topline and order book growth, robust cash flow (INR 727 crore for FY25), and a confirmed interim dividend of INR 1.3 per share are positive for shareholders. Margin compression in Industrial Systems and capex-heavy investments in CG Semi are minor watchpoints, but the overall trajectory supports a constructive view on the stock.