CG Power Share Price: CG Power & Industrial Solutions Ltd was founded in 1937 by REB Crompton and was later acquired by Karam Chand Thapar in 1966 when it was renamed Crompton Greaves Ltd. In 2017, the company separated its power and industrial systems segment from its consumer goods business, which led to it being renamed CG Power & Industrial Solutions Ltd.
In 2020, the Murugappa Group acquired a 56% stake in the company for ₹700 crore, marking a significant change in its ownership.
This article will analyze the factors influencing CG Power stock price forecasts and highlight trends in CGPOWERNSE stock performance. We will also provide a data table forecasting CG Power target price for 2024, 2025, 2026 and the coming years.
CG Power Company Overview
| Company Name | CG Power and Industrial Solutions Ltd. |
| Founded | 1937 |
| Headquarters | Mumbai |
| Industry | Design, manufacturing, and marketing of products related to power generation, transmission, and distribution & Rail Transportation |
| CEO | Amar Kaul |
| Stock Exchange Listing | NSE & BSE |
| Official Website | cgglobal.com |
CG Power Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹1,11,995.25 Cr. |
| ROE | 35.56% |
| ROCE | 45.47% |
| P/E | 122.83 |
| P/B | 30.05 |
| Div. Yield | 0.18% |
| Book Value | ₹24.38 |
| Face Value | ₹2 |
| EPS (TTM) | ₹5.97 |
| 52 Week High | ₹874.50 |
| 52 Week Low | ₹415.10 |
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CG Power Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 80.46B | 15.40% |
| Operating expense | 14.16B | 20.47% |
| Net income | 14.27B | 48.23% |
| Net profit margin | 17.74 | 28.46% |
| Earnings per share | 5.62 | 12.63% |
| EBITDA | 10.97B | 13.90% |
| Effective tax rate | 24.80% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 14.41B | 102.74% |
| Total assets | 56.26B | 20.49% |
| Total liabilities | 26.07B | -9.40% |
| Total equity | 30.19B | — |
| Shares outstanding | 1.53B | — |
| Price to book | 38.08 | — |
| Return on assets | 12.54% | — |
| Return on Capital | 26.66% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 14.27B | 48.23% |
| Cash from operations | 3.97B | -58.07% |
| Cash from investing | -6.62B | -3,100.43% |
| Cash from financing | -2.46B | 59.72% |
| Net change in cash | -5.12B | -262.58% |
| Free cash flow | -1.43B | -194.07% |
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CG Power Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| CG Power Share Price Target 2024 | ₹820 |
| CG Power Share Price Target 2025 | ₹910 |
| CG Power Share Price Target 2026 | ₹1070 |
| CG Power Share Price Target 2027 | ₹1225 |
| CG Power Share Price Target 2028 | ₹1407 |
| CG Power Share Price Target 2029 | ₹1613 |
| CG Power Share Price Target 2030 | ₹1846 |
CG Power Shareholding Pattern
- Retail & Other: 15.90%
- Promoters: 58.07%
- Foreign Institution: 14.59%
- Mutual Funds: 7.09%
- Other Domestic Institutions: 4.35%
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CG Power Competitors/Peer Companies
- ABB India
- Siemens
- BHEL
- Havells India
- Thermax
- Waaree Energies
- Apar Industries
- GE Vernova T&D India
- Schneider Electric
- Crompton Greaves
Also Read: Colgate Share Price Target
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FAQs
-
Is CG Power a good stock to buy?
Yes.
-
Is CG Power debt free?
No.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
