CG Posts Record FY26 Standalone Revenue And Profitability

11 May 2026 CW Team

CG Power and Industrial Solutions reported record standalone results for the quarter and fiscal year ended 31 March 2026, driven by operating discipline, strategic focus and order momentum. Quarterly sales rose 22 per cent to Rs 31.29 billion (bn) and profit before tax grew 43 per cent, delivering about 260 basis points of margin expansion. For FY26 sales increased 21 per cent to Rs 113.31 billion (bn) while profit before tax rose 34 per cent, with margin gains of 143 basis points and a robust order backlog.

Standalone quarterly performance included sales of Rs 31.29 bn, EBITDA of Rs 5.73 bn and profit before tax of Rs 5.47 bn, the highest in recent times. PAT before exceptional items was Rs 4.12 bn, representing 13.2 per cent of sales. Return on capital employed for the quarter annualised at 27 per cent. Order intake for the quarter reached Rs 45.05 bn, taking the unexecuted order backlog to Rs 157.19 bn, up 59 per cent year on year.

Industrial Systems maintained a sequential improvement despite commodity volatility, recording quarterly sales of Rs 16.43 bn and annual sales of Rs 61.97 bn, with motors showing robust demand. PBIT for the segment was Rs 1.57 bn in the quarter, with margins affected by mix changes and competitive pricing in railways and commodity pressure in motors. Power Systems delivered sharper growth with quarterly sales of Rs 14.87 bn, PBIT of Rs 3.54 bn and a significant margin expansion underpinned by execution.

On a consolidated basis sales for FY26 were Rs 124.18 bn and profit after tax before exceptional items was Rs 12.32 bn, with continued investments in semiconductor talent partially offsetting margin gains. The company completed a Rs 30.00 bn QIP, launched a semiconductor OSAT facility with initial peak capacity of zero point five million (mn) units per day and secured an export order of Rs 9.00 bn.

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