CGPOWER · Capital Goods
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,979 cr | ₹2,192 cr | ₹2,228 cr | ₹2,413 cr | ₹2,516 cr | ₹2,753 cr | ₹2,878 cr | ₹2,923 cr | ₹3,175 cr | ₹3,442 cr | ₹3,281 cr | ₹3,802 cr |
| YoY | — | — | +19% | +21% | +27% | +26% | +29% | +21% | +26% | +25% | +14% | +30% |
| EBITDA margin | 13.2% | 13.0% | 14.7% | 12.2% | 13.2% | 12.6% | 13.2% | 12.9% | 12.5% | 13.5% | 12.1% | 14.2% |
| Other income, % of PBT | 71% | 14% | 10% | 10% | 10% | 18% | 8% | 17% | 11% | 16% | 20% | 15% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 8% | 22% | 28% | 25% | 29% | 29% | 27% | 27% | 26% | 26% | 27% | 27% |
| Net profit | ₹748 cr | ₹234 cr | ₹241 cr | ₹220 cr | ₹238 cr | ₹274 cr | ₹267 cr | ₹284 cr | ₹284 cr | ₹363 cr | ₹308 cr | ₹409 cr |
| YoY | — | — | +18% | −9% | −68% | +17% | +11% | +29% | +19% | +32% | +15% | +44% |
| Core profit YoY | — | — | +26% | −7% | +27% | +21% | +11% | +22% | +14% | +32% | +1% | +48% |
| EPS | ₹4.89 | ₹1.53 | ₹1.58 | ₹1.45 | ₹1.57 | ₹1.78 | ₹1.76 | ₹1.82 | ₹1.81 | ₹2.32 | ₹1.99 | ₹2.62 |
| Flags | 2 | · | ✓ | 1 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
CG Power and Industrial Solutions Ltd. reported revenue of ₹3,802 cr (+30.1% on the year) and net profit of ₹409 cr (+44.0% on the year) for July to September 2026.
Profit before other income, exceptional items and tax moved +48.1% on the year, against +44.0% for reported profit.
None of the 7 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.