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CG Power & Industrial Solutions (CGPOWER) investor relations material
CG Power & Industrial Solutions Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Record quarterly revenue; sales rose 32% YoY, standalone order intake 90% and PBT 47%, with 180 bps margin expansion.
Standalone backlog reached INR 21,820 crore, up 61% YoY; board approved capacity additions across power transformers and switchgear amid rising demand.
Financial highlights
Standalone Q2 revenue was ₹3,504.63 crore vs ₹2,649.19 crore; PAT was ₹449.90 crore vs ₹307.18 crore.
Consolidated Q2 revenue was ₹3,801.54 crore vs ₹2,922.79 crore; PAT was ₹409.09 crore vs ₹284.44 crore.
Standalone PBT was INR 602 crore, or 17.2% of sales vs 15.4%; consolidated PBT was INR 559 crore, or 14.7% vs 13.3%.
H1 consolidated revenue and PAT were ₹7,082.35 crore and ₹717.37 crore; standalone revenue and PAT were ₹6,566.00 crore and ₹813.49 crore.
Consolidated Q2 continuing-operations EPS was ₹2.62 basic and ₹2.61 diluted; H1 EPS was ₹4.60 basic and diluted.
Outlook and guidance
No formal revenue forecast; management aims to sustain high-double-digit growth, prioritizing profitable growth, execution, technology and capacity.
Power systems margins are expected to be maintained or improve through ongoing efficiency gains; Kavach production and installation were expected to begin in-quarter, subject to final approval.
G2 qualification is targeted to begin mid-next year; commercial production is expected toward end-2028 or 2029, following 2–3 quarters of qualification.
Planned additions include 4,236 OIP equivalent units over 30–36 months, 3,600 annual EHV breaker units in 6–9 months, and 12 GIS equivalent bays in 3–6 months.
- Record growth and a 44% larger consolidated order book support expansion.CGPOWER
Q4 23/24 - Q1 FY27 saw double-digit sales and profit growth, record order book, and major capacity expansion.CGPOWER
Q1 26/27 - Record sales, profit, and order backlog, plus strategic expansion and capital raising in FY26.CGPOWER
Q4 25/26 - Record revenue, strong order growth, margin expansion, and semiconductor segment expansion in Q3.CGPOWER
Q3 25/26 - Record revenue, profit growth, and major capacity expansion drive strong outlook.CGPOWER
Q2 25/26 - Record revenue, strong order inflows, and semiconductor expansion drive robust growth.CGPOWER
Q1 25/26 - Record Q1 growth, margin expansion, and a key railway acquisition drive a strong outlook.CGPOWER
Q1 24/25 - Record revenue, profit, and order backlog driven by expansion in electronics and power.CGPOWER
Q4 24/25 - Record sales, profit, and order growth, with major semiconductor expansion pending approval.CGPOWER
Q3 24/25
Next CG Power & Industrial Solutions earnings date
Next CG Power & Industrial Solutions earnings date
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