CG Power and Industrial Solutions Limited has delivered a milestone performance for the fiscal year ended March 31, 2026, reporting its highest-ever standalone revenue and profit. The company achieved INR 11,331 Cr in annual sales, marking a 21% year-on-year growth. A record order backlog of INR 15,719 Cr, up 59%, provides strong revenue visibility for the upcoming fiscal year, driven by robust performance across its Industrial and Power Systems segments.
Financial Highlights
The company concluded Q4 FY26 with standalone sales of INR 3,129 Cr, reflecting a 22% YoY growth, while Profit Before Tax (PBT) surged 43% YoY to INR 547 Cr. For the full fiscal year 2026, the company recorded total sales of INR 11,331 Cr and a 34% increase in PBT to INR 1,793 Cr, underscoring significant operational efficiency and strategic margin expansion.
Segment Performance
The Power Systems segment led the growth, with quarterly sales jumping 50% YoY to INR 1,487 Cr, supported by a significant 287 bps margin expansion. The Industrial Systems segment maintained a steady upward trajectory with sales of INR 1,643 Cr for the quarter. Both divisions benefited from disciplined execution and strong order momentum, particularly in the Motors and Drives categories.
Key Strategic Developments
During the year, the company achieved several critical milestones, including:
- Securing a INR 641 Cr order from PowerGrid Corporation of India for 765kV transformers.
- Winning its largest-ever single export order valued at INR 900 Cr for a US-based data center project.
- Launching its first end-to-end OSAT semiconductor facility in Sanand, Gujarat, through its subsidiary, CG Semi.
- Successfully completing a Qualified Institutional Placement (QIP), raising INR 3,000 Cr to support future growth and capital expenditure.
With an unexecuted order backlog now standing at INR 17,107 Cr on a consolidated basis, the company remains well-positioned to maintain its growth trajectory in FY27.
Source: BSE
