CGPOWER NSE filing

CG Power Q1FY27: Revenue up 16% to ₹3,061 Cr, PBT up 27% to ₹487 Cr

The RealCase readHigh impact Positive

CG Power reported strong Q1FY27 results with revenue up 16% YoY to ₹3,061 Cr and PBT up 27% YoY to ₹487 Cr. The order book grew 45% YoY to ₹17,333 Cr. The company commissioned a new EHV switchgear facility and its semiconductor subsidiary began commercial production. Auditors will align with the holding company.

Why it matters

The announcement details strong financial performance, significant capacity expansion, and commencement of operations in a new strategic area (semiconductors), all of which are material to the company's future prospects and investor outlook.

The market read

The company reported strong financial results with significant year-on-year growth in revenue and PBT, alongside an expanding order book and strategic capacity expansions. Management commentary indicates confidence in future growth drivers.

CG Power and Industrial Solutions Limited (CG) announced its financial results for the quarter ended June 30, 2026, reporting a strong performance with broad-based growth. The company's sales for Q1FY27 increased by 16% year-on-year to ₹3,061 Cr, while PBT (Profit Before Tax) grew by 27% year-on-year to ₹487 Cr, accompanied by a 140 basis points margin expansion.

The company achieved its highest ever Q1 sales, EBITDA, and PBT in recent times. Standalone sales for the quarter were ₹3,061 Cr, a 16% YoY increase. PAT (Profit After Tax) rose by 27% to ₹364 Cr, representing 11.9% of sales. The Return on Capital Employed (ROCE) was 23%.

Segment-wise, Industrial Systems reported sales of ₹1,671 Cr (6% YoY growth), with strong double-digit growth in Motors. PBIT for this segment was ₹148 Cr. Power Systems recorded sales of ₹1,402 Cr, a 31% YoY increase, with PBIT at ₹324 Cr and a strong margin expansion of 209 basis points.

Consolidated sales for Q1FY27 were ₹3,281 Cr, a 14% YoY increase, and consolidated PAT was ₹308 Cr, a 16% increase. The order book rose by 45% YoY to ₹17,333 Cr, providing multi-quarter revenue visibility.

Amar Kaul, Group CEO and Managing Director, commented that the company continues to adapt effectively to global trade realignments, currency volatility, and elevated input costs. He highlighted intact and diversified demand drivers, including grid modernization, renewable integration, rail modernization, and electronics manufacturing in India. The company plans to continue capacity investments, believing the medium-term opportunity is stronger than near-term headwinds.

Key events during the quarter include the commissioning of CG's extra-high voltage (EHV) switchgear manufacturing facility in Nashik on June 4, 2026, which expands EHV circuit breaker manufacturing capacity by 80%. Additionally, CG Semi Private Limited commenced commercial production at its outsourced semiconductor assembly and test facility in Sanand on July 4, 2026.

Consequent to the rotation of auditors at its Holding Company, Tube Investments of India Limited, CG proposes to align its statutory auditors with S.R. Batliboi & Associates LLP, who will resign from CG's auditorship effective August 14, 2026.

Filing to action

What to do with a filing like this

CG Power and Industrial Solutions Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by CG Power and Industrial Solutions Limited. Read the original for the full detail.

View original filing