CG Power and Industrial Solutions Ltd
Please find enclosed the Press Release dated 24th July 2026 on the Unaudited Financial Results for the quarter ended 30th June 2026.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 24 Jul 2026, 03:11 PM IST · BSE ID: bcc168c7-389c-44ef-9d2f-f91c68e06da1
View Original BSE Filing (PDF)
💡
In Simple Terms
CG Power announced strong Q1 results with increased sales and profits, alongside a growing order book.
🤖 AI Summary
- CG Power's standalone sales for Q1 FY27 increased 16% YoY to INR 3,061 Cr.
- Standalone Profit After Tax (PAT) for Q1 FY27 grew 27% YoY to INR 364 Cr.
- Consolidated sales for Q1 FY27 reached INR 3,281 Cr, marking a 14% YoY growth.
- Consolidated PAT for Q1 FY27 was INR 308 Cr, representing a 16% YoY increase.
- Unexecuted consolidated order backlog stood at INR 18,965 Cr as of June 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Aggregate sales Q1 FY27
INR 3,061 Cr
16%
Standalone PAT Q1 FY27
INR 364 Cr
27%
Consolidated Aggregate sales Q1 FY27
INR 3,281 Cr
14%
Consolidated PAT Q1 FY27
INR 308 Cr
16%
Consolidated Unexecuted Order backlog as of 30th June 2026
INR 18,965 Cr
45%
Standalone Unexecuted Order backlog as of 30th June 2026
INR 17,333 Cr
45%
🏢 How This Affects the Company
The company recorded its highest ever Q1 sales and PBT in recent times, supported by a 45% YoY increase in order book to INR 17,333 Cr (standalone) and INR 18,965 Cr (consolidated), providing multi-quarter revenue visibility. Commissioning of the new EHV switchgear facility expands manufacturing capacity by 80% (incremental 7,200 units annually).
Standalone PAT grew 27% YoY to INR 364 Cr with 140 bps margin expansion, achieving 11.9% of sales. Consolidated PAT rose 16% YoY to INR 308 Cr, though partially offset by INR 43 Cr investment in semiconductor businesses.
The commissioning of the S3 Unit-II EHV switchgear manufacturing facility at Nashik significantly enhances EHV circuit breaker manufacturing capacity. Commercial production has commenced at the CG Semi Outsourced Semiconductor Assembly and Test facility in Sanand.
The company notes continued adaptation to global trade realignments, currency volatility, and elevated input costs, which remain part of the external environment.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as the company's financial performance and operational updates provide insight into its current business health and future prospects. This includes the impact of auditor resignation, which will affect all shareholders in due course as a new auditor is appointed.
🔍
Management Signal
Management is signaling a focus on disciplined execution, capacity expansion through investments in manufacturing facilities, and capitalizing on demand drivers across diversified sectors including grid modernization and electronics manufacturing.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for sustained growth in sales and PAT.
Updates on semiconductor business investments and their financial impact.
Announcement of new statutory auditors following S.R. Batliboi & Associates LLP resignation.
LOW RISK
The filing indicates a strong financial and operational quarter with growth across key metrics and strategic expansions.
💡 Investor Takeaway
CG Power reported Q1 FY27 standalone sales of INR 3,061 Cr, up 16% YoY, and PAT of INR 364 Cr, up 27% YoY. Consolidated sales reached INR 3,281 Cr (14% YoY), with PAT at INR 308 Cr (16% YoY). Unexecuted consolidated order backlog grew 45% YoY to INR 18,965 Cr.
⚖️ Strengths & Concerns
✅ Positives
- Standalone PAT increased 27% YoY to INR 364 Cr (11.9% of sales) in Q1 FY27 from INR 286 Cr (10.8% of sales) in Q1 FY26.
- Consolidated unexecuted order backlog grew 45% YoY to INR 18,965 Cr as of June 30, 2026, offering multi-quarter revenue visibility.
⚠️ Concerns
- Industrial Systems segment's PBIT margin decreased to 8.8% of sales in Q1 FY27 from 10.9% in Q1 FY26, partly due to a one-off provision of INR 20 Cr in Railways business.
- Consolidated PAT margin gains were partially offset by a total semiconductor segment impact of 43 Cr (132 bps) from continued talent pool investment.
📅 Company Track Record
Previous filings on July 24, 2026, also detailed CG Power's Q1 FY27 net profit at Rs. 363.59 Crores and approval for a Rs. 35.17 Crores expansion, aligning with the positive financial performance reported in this press release.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were CG Power's standalone sales for Q1 FY27?
CG Power's standalone sales for Q1 FY27 were INR 3,061 Cr, representing a growth of 16% YoY.
What was CG Power's consolidated net profit for the quarter ended June 30, 2026?
CG Power's consolidated PAT for Q1 FY27 was INR 308 Cr, which is 16% higher than Q1 FY26.
What is CG Power's unexecuted order backlog as of June 30, 2026?
The consolidated unexecuted order backlog as of June 30, 2026, was INR 18,965 Cr, marking a 45% YoY increase.
How did CG Power's Industrial Systems segment perform in Q1 FY27?
The Industrial Systems segment recorded aggregate sales of INR 1,671 Cr (6% YoY) and PBIT of INR 148 Cr, which was 8.8% of sales for Q1 FY27.
What is the reason for the change in statutory auditors for CG Power?
S.R. Batliboi & Associates LLP will resign as CG Power's statutory auditors effective August 14, 2026, to align with the auditors affiliated to the same network as its Holding Company, Tube Investments of India Limited.
Questions based on this BSE filing only. For information purposes.