CG Power and Industrial Solutions Limited — Others, 02-07-2025: Shareholders meeting

CG Power and Industrial Solutions Limited has announced a board meeting on 6 August, 2025, to review the financial results for the quarter and half-year ending 30 June, 2025.

For FY 2024-25, the company reported a consolidated revenue of ₹9,909 crore, a 23% growth year-on-year, with profit before tax at ₹1,348 crore. The standalone revenue stood at ₹9,329 crore with a profit before tax of ₹1,342 crore. The Industrial Systems segment grew by approximately 17% to ₹6,376 crore, while the Power Systems segment grew by about 35% to ₹3,510 crore. The company undertook a ₹712 crore greenfield expansion plan for transformer manufacturing, aiming to increase capacity to 85,000 MVA by FY28.

CG acquired a 55.60% stake in G.G. Tronics India Private Limited for ₹319.38 crore, enhancing its railway signalling portfolio, especially in safety systems like ‘KAVACH.’ It also entered the semiconductor design business via wholly owned subsidiary Axiro Semiconductor Private Limited with acquisition of Renesas Electronics' RF components business.

The company declared and paid an interim dividend of ₹1.30 per equity share (65% payout). The board proposed payment of ₹1 crore commission to Non-Executive Director Mr. M A M Arunachalam for FY25, reflecting his active role and time spent on company affairs.

CG continues to focus on operational excellence, innovation, sustainability, digital transformation, and expanding its global footprint. The workforce strength is about 3,408 employees at standalone level and 7,591 consolidated, with ongoing initiatives in talent development, safety, and diversity. The company maintains robust internal controls and compliance frameworks, with no material regulatory penalties during the year.

Segment-wise, Power Systems include transformers, switchgears, and turnkey solutions; Industrial Systems cover motors, drives, railway products, and consumer electrical durables; the semiconductor business is expanding. Domestic and overseas markets contribute broadly to revenues, with exports accounting for around 5%.

Financial robustness is supported by a low gearing ratio (0.01% consolidated), healthy order books, and generating free cash flow (standalone free cash flow ₹727 crore). The company's ESG engagements show progress in emissions reduction, renewable energy adoption, and waste management, aligned with its commitment to carbon neutrality by 2030.

In summary, CG Power is strengthening capacity, diversifying technologically, and deepening market presence with a focus on sustained growth and value creation for shareholders.