CG Power and Industrial Solutions Limited Latest Updates

FY26 Financial Overview & Q4 Performance For the full financial year 2025–26, the company posted a consolidated operational revenue of ₹12,418 crore (+25% YoY) and a net profit (PAT) of ₹1,196 crore. In the fourth quarter ended March 31, 2026, consolidated revenue rose 25% YoY to ₹3,442 crore, while quarterly net profit climbed 32% YoY to ₹362 crore. Operating margins remained firm at 15.8%, despite absorbing a ₹38 crore front-loaded investment drag from its emerging chip division. Unexecuted Order Book Milestone Driven by heavy global demand for power transmission infrastructure and data center transformer setups, CG Power’s unexecuted order backlog surged 61% year-on-year to reach ₹17,107 crore. Key order inflows during the fiscal period included a flagship ₹900 crore export order for hyperscale data center transformers in the US, a ₹641 crore power grid contract, and a ₹433 crore Railway KAVACH deployment mandate via its subsidiary G.G. Tronics. Commercialization of Sanand OSAT Semiconductor Plant In a major strategic pivot, the company’s semiconductor subsidiary, CG Semi Pvt. Ltd., commenced commercial production at its first Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. Operating as part of a joint venture with Japan’s Renesas Electronics and Thailand’s Stars Microelectronics, the G1 facility has a peak annual capacity of 300 million units, serving automotive, IoT, and industrial power management clients. Regulatory & Market Dynamics Update In early July 2026, the domestic power equipment sector faced mild pricing pressure after the central government granted temporary tender exemptions allowing select overseas-affiliated power transmission equipment suppliers to participate in national grid projects. Management noted that the company’s structural backlog, ongoing G2 semiconductor plant expansion, and localized manufacturing footprint provide strong multi-year operational buffers.