CG Power Q4 Results 2026: Profit Jumps 28%, Order Book Hits Record ₹15,753 Crore

CG Power and Industrial Solutions Limited reported strong growth in its Q4 results 2026, driven by robust demand in the power systems business and a sharp rise in large infrastructure and export orders. The company posted its highest-ever quarterly revenue and profitability, supported by improving operational efficiency and a record order backlog.

Standalone sales for the quarter rose 22% year-on-year to INR 2,909 crore, compared to INR 2,389 crore in the previous year. EBITDA increased 33% to INR 480 crore, while EBITDA margin improved to 16.5% from 15.1% a year ago. Profit before tax climbed 35% to INR 454 crore, and profit after tax rose 28% to INR 312 crore.

The company’s Power Systems division remained the key growth driver during the Q4 results 2026 period. Segment revenue surged 44% year-on-year to INR 1,326 crore, while margins expanded sharply to 21.4%. CG Power said strong demand, better pricing realization, and execution of large projects helped boost profitability. The segment’s order backlog nearly doubled to INR 11,289 crore, offering strong revenue visibility for upcoming quarters.

However, the Industrial Systems business faced margin pressure due to commodity inflation and changes in railway product mix. Segment margins declined to 9.4% from 12.5% last year despite an 8% increase in sales.

On a consolidated basis, sales rose 26% to INR 3,175 crore, while annualized return on capital employed stood at 21%. The company also secured a record INR 900 crore export order from US-based Tallgrass Integrated Logistics for hyperscale data center transformers, highlighting rising global demand linked to AI infrastructure expansion.

The board approved an interim dividend of INR 1.30 per share, while total unexecuted order backlog increased 62% year-on-year to INR 15,753 crore in the Q4 results 2026 update.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9c8bafc-f506-4e49-b3b3-79da8fa75907.pdf