Live CG Power & Industrial Solutions Share Price Chart

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CG Power & Industrial Solutions Performance

Days Range

Low: ₹462.30
High: ₹473.25
Previous Close ₹469.05
Open ₹470.00
Volume 10,45,485
Day’s Range ₹462.30 - ₹473.25
52W Range ₹276.65 - ₹503.45
Market Cap ₹71,279 Cr

CG Power & Industrial Solutions Fundamentals

ROCE (TTM) 49.83
P/E Ratio (TTM) 44.03
P/B Ratio 31.99
Industry P/E 70.52
Debt to Equity 0.01
ROE 39.19
EPS (TTM) 5.62
Dividend Yield 0.32
Book Value 14.59
Face Value 2

CG Power & Industrial Solutions Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales1,902.791,8742,001.511,978.75
Expenses1,652.151,632.861,715.751,741.73
Profit before tax281.26263.1329.91264.46
Operating Profit426.22203.84242.29747.67
Net Profit426.22203.84242.29747.67
EPS in Rs2.671.331.44.9

About CG Power & Industrial Solutions

History of CG Power & Industrial Solutions Limited

Incorporated in 1937, CG Power & Industrial Solutions Limited is involved in the business of manufacturing electrical equipment, transport equipment and general-purpose and special-purpose machinery and equipment. This is a company from the Murugappa Group.

In 1878, Colonel REB Crompton founded a business in England, REB Crompton & Co., for the manufacturing and contracting of electrical equipment. In 1927, REB Crompton & Co. was merged with F&A Parkinson Limited, forming Crompton Parkinson Limited (CPL) in England. In 1937, CPL set up a subsidiary in Mumbai, India, Crompton Parkinson Works Ltd, along with a sales organisation, Greaves Cotton & Crompton Parkinson Ltd.

In 1947, this Indian subsidiary was taken over by the Thapar Group. In 1960, the company started expanding its portfolio of products and started manufacturing aluminium wound transformers and 400 kV transformers. In 1996, the Thapar Group formed Crompton Greaves Limited to meet the electrical demand of consumer and B2B segments. By 2004, the company had established itself as one of the leading Indian companies in the electrical engineering sector. In 2005, they expanded to other regions, such as Belgium, the USA, Ireland, and Indonesia.

In 2015, the company’s heavy engineering business was demerged, forming CG Power and Industrial Solutions Limited. In 2020, Tube Investments of India Limited (TII) of the Murugappa Group company acquired a controlling stake in CG Power and Industrial Solutions Ltd.

As of March 2023, CG Power & Industrial Solutions Limited had 17 manufacturing units. They supply their products all over the country and over 50 countries worldwide across the Americas, Europe, Asia Pacific, Middle East and Africa.

Business Segments of CG Power & Industrial Solutions Limited 

There are three business segments of the company, as follows:

  • Industrial: In this segment, the company is involved in the business of power conversion equipment that includes a wide spectrum of medium- and low-voltage rotating machines, such as generators, motors and alternators, stampings, and drives.
  • Power: In this segment, the company manufactures a comprehensive range of power and distribution transformers, switchgear, Extra High Voltage (EHV) circuit breakers, Medium Voltage (MV) circuit breakers, EHV instrument transformers, isolators, lightning arrestors and vacuum interrupters.
  • Railways: Under this segment, the company provides solutions to Indian Railways in rolling stock and signalling equipment with a wide range of products.

As of March 31, 2023, there are 3 Indian and 18 foreign subsidiaries of CG Power & Industrial Solutions Limited, and a few of them are as follows:

  • CG Adhesive Products Limited (CGAPL): This subsidiary of the company manufactures and deals in speciality adhesive tapes and labels. CG Power & Industrial Solutions Limited holds a stake of 82.76% in CGAPL.
  • CG International B.V.: This wholly-owned subsidiary of the company is into designing, manufacturing, and marketing electrical products.
  • CG Power Equipments Limited: This wholly-owned subsidiary of the company is involved in the power and distribution transformer manufacturer.

Key Personalities of CG Power & Industrial Solutions Limited

Natarajan Srinivasan, Managing Director

Natarajan Srinivasan is the Managing Director and Executive Director of CG Power & Industrial Solutions Limited. Previously, he was the Executive Vice Chairman and Managing Director at Cholamandalam Investment & Finance Co. Ltd and also held the position of Finance Director at the Murugappa Group.

Corporate Actions of CG Power & Industrial Solutions Limited

Bonus Shares

  • The company announced bonus shares at a ratio of 2:5, with an ex-date of December 14, 2006 and a record date of December 15, 2006.
  • The company announced bonus shares at a ratio of 3:4, with an ex-date of March 8, 2010 and a record date of March 9, 2010.
Parent Organisation Murugappa Group
Founded 1937
Managing Director Vellayan Subbiah
NSE Symbol CGPOWER

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CG Power & Industrial Solutions FAQs

What is the Share price of CG Power & Industrial Solutions (CGPOWER)?

CG Power & Industrial Solutions (CGPOWER) share price as of March 5, 2024, on NSE is Rs 462.95 (NSE) and Rs 462.80 (BSE) on BSE.

Can I buy CG Power & Industrial Solutions (CGPOWER) shares?

Yes, You can buy CG Power & Industrial Solutions (CGPOWER) shares by opening a Demat account with Angel One.

How do I buy CG Power & Industrial Solutions (CGPOWER) from Angel One?

CG Power & Industrial Solutions (CGPOWER) share can be brought through the following modes:
  1. Direct investment: You can buy CG Power & Industrial Solutions (CGPOWER) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to CG Power & Industrial Solutions (CGPOWER) shares.

Is CG Power and Industrial Solutions a Debt free Company?

As per company reports, CG Power and Industrial Solutions is not a debt-free company, but it aims to be one in a few years.

What is the main business of CG Power and Industrial Solutions?

CG Power is a diversified industrial company that operates in the electrical equipment and engineering industry. The company’s main business is the design, manufacture, and marketing of transformers, switchgear, and control gear, as well as power generation equipment and related services.

What are the Subsidiaries that comes under CG Power and Industrial Solutions?

CG Power and Industrial Solutions has several subsidiaries. Indian ones include CG Adhesive Products Limited (formerly known as CG PPI Adhesive Products Limited), CG Power Solutions Ltd, and CG Power Equipments Limited.