CG Power and Industrial Solutions, part of Murugappa Group, has delivered impressive financial results for the first quarter ended March, showing solid growth across both domestic and international markets. The company’s performance reflects significant contributions from its overseas subsidiaries, including those in Sweden, Germany, and the Netherlands, alongside its operations in India.
The company reported a consolidated revenue of ₹2,753 crore for the fourth quarter of FY25, marking a 26% year-on-year growth. This figure represents a notable increase from the ₹2,192 crore achieved during the same period last year. When compared sequentially, revenue grew by 9% from ₹2,516 crore in Q3 FY25, underscoring the company’s consistent upward momentum.
Strong Financial Performance Across Key Metrics
CG Power’s profit before tax (PBT) for Q4 FY25 stood at ₹384 crore, reflecting a slight dip in percentage terms, representing 13.9% of sales compared to 14.0% in Q4 FY24. However, the absolute value of PBT saw a substantial increase from ₹307 crore in the previous year. This indicates a healthy bottom line despite the marginal decline in profit margin percentage.
Another standout metric was the company’s EBITDA, which increased by 26%, reaching ₹418 crore compared to ₹332 crore in Q4 FY24. Despite the increase in EBITDA, the margin remained stable at 15.2%, highlighting CG Power’s ability to maintain strong profitability even as it scales its operations.
Moreover, the profit after tax (PAT) for the quarter rose to ₹274 crore, up from ₹234 crore in Q4 FY24, reflecting the company’s sustained growth in the face of global challenges.
Impressive Growth in Orders and Future Outlook
One of the most significant highlights of CG Power’s quarterly report is the sharp increase in order intake. The company secured orders worth ₹14,684 crore during the year, a remarkable 40% year-on-year rise. This surge in demand underscores CG Power’s competitive position in the market and its ability to capture growing opportunities across multiple sectors.
As of March 31, 2025, CG Power’s order book stood at ₹10,631 crore, reflecting a 66% year-on-year increase. This substantial order book suggests that the company is well-positioned for continued expansion and future growth.
Expanding Global Presence
CG Power’s international operations played a significant role in its overall performance, particularly its subsidiaries in Europe. The company’s Drives and Automation division, which operates in Sweden, Germany, and the Netherlands, contributed to both revenue growth and a wider geographical footprint. This international presence is expected to drive further diversification, providing CG Power with additional stability and opportunities to tap into new markets.
The company’s Indian operations, including CG Adhesives Products Ltd., CG Semi Pvt. Ltd., G.G. Tronics India Pvt. Ltd., and Axiro Semiconductor Pvt. Ltd., also made significant contributions, with each segment showing healthy growth. This combination of local and international operations positions CG Power as a formidable player in the industrial solutions sector.
What’s Next for CG Power?
With an order book as strong as CG Power’s, the company is setting itself up for another year of growth. The 66% year-on-year increase in the order book provides a promising outlook for FY26 and beyond. The company’s expansion strategy, both domestically and internationally, seems to be paying off, and with a healthy mix of products and services, CG Power is well-positioned to capture further market share.
The company’s financial resilience, coupled with a robust order pipeline, signals a bright future. Investors and industry watchers alike will be keeping a close eye on how CG Power leverages its growth momentum in the coming quarters.