CG Power and Industrial Solutions Limited — Updates, 28-01-2025: Press Release (Revised)

Sales grew by 28% YoY to Rs. 2,389 crores in Q3 FY 2024-25, achieving record figures in both sales and order intake, which rose by 61% YoY to Rs. 3,636 crores. The unexecuted order backlog now stands at a robust Rs. 8,952 crores, indicating strong future revenue potential. EBITDA reached Rs. 360 crores, with a margin of 15.1%, while PBT increased by 35% YoY to Rs. 306 crores before other income. ROCE remains strong at 34%, reflecting operational efficiency.

Strategically, CG Power is expanding its transformer capacity by 45,000 MVA at a cost of Rs. 712 crores, aiming for completion by FY2028 to meet rising domestic and export demand. Additionally, the subsidiary G.G. Tronics secured a significant Rs. 500-600 crore order for locomotive collision avoidance systems, expected to be fulfilled within a year.

Overall, the strong figures and strategic initiatives point towards a positive outlook, with ample growth opportunities on the horizon for investors.