Heavy Electrical Equipment company CG Power and Industrial Solutions announced Q3FY25 results Standalone Financial Highlights: Aggregate sales for the quarter was Rs 2,389 crore with a growth of 28% YoY and 5% up v/s Q2FY25. PBT (before other income) was higher at Rs 306 crore as against Rs 227 crore in Q3FY24 with a growth of 35%. PBT margin before other income was higher YoY at 12.8% of sales (12.2% of sales in last year) primarily due to higher price realisation and operating leverage in Power Systems. Free cash flow generated for the quarter was Rs 235 crore. ROCE (Return on capital employed - annualised) for Q3FY25 was at 34%. Order intake for Q3FY25 was Rs 3,636 crore (61% growth YoY) and Unexecuted Order backlog as at 31 Dec 2024 was Rs 8,952 crore (61% higher YoY). Consolidated Financial Highlights: Aggregate sales for the quarter were up at Rs 2,516 crore at a growth of 27% YoY. PBT was at Rs 335 crore (13.3% of sales) in Q3FY25 as against Rs 264 crore (13.4% of sales) in Q3FY24. Free cash flow generated for the quarter was Rs216 crore. ROCE (Return on capital employed - annualised) for Q3FY25 was at 34%. Order intake for Q3FY25 was Rs 4,390 crore (82% growth YoY) and Unexecuted Order backlog as at 31 Dec 2024 was Rs 9,706 crore (70% higher YoY). Result PDF
Heavy Electrical Equipment company CG Power and Industrial Solutions announced Q2FY25 results Standalone Financial Highlights: Aggregate sales for the quarter was Rs 2,270 crore with a growth of 19% YoY and 8% up v/s PQ. PBT was higher at Rs 298 crore (Adjusted PBT at Rs 334 crs) as against Rs 293 crore in Q2FY24. PBT % was lower YoY at 13.1% of sales (15.4% of sales in last year) primarily due to Strategic expenses of 36 crore incurred towards acquisition, strategic initiatives and consultancy fees. Adjusted PBT margin, adjusting for these costs would have been 14.7%. Mix change, skewed towards railways business and a bit of sluggishness in demand for Motors Business. Free cash flow generated for the quarter was Rs 227 crore. FCF to PAT at 102%. ROCE (Return on capital employed - annualised) for Q2FY25 was at 33%. Order intake for Q2FY25 was Rs 3,196 crore (43% growth YoY) and Unexecuted Order backlog as at Q2FY25 was Rs 7,831 crore (50% higher YoY). Consolidated Financial Highlights: Aggregate sales for the quarter were up at Rs 2,413 crore @ a growth of 21% YoY. PBT was at Rs 294 crore (12.2% of sales) in Q2FY25 as against Rs 303 crore (15.1% of sales) in Q2FY24. Free cash flow generated for the quarter was Rs 223 crore. ROCE (Return on capital employed - annualised) for Q2FY25 was at 32%. Order intake for Q2FY25 was Rs 3,302 crore (42% growth YoY) and Unexecuted Order backlog as at Q2FY25 was Rs 7,965 crore (48% higher YoY). Result PDF
Conference Call with CG Power and Industrial Solutions Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Heavy Electrical Equipment company CG Power and Industrial Solutions announced Q1FY25 results: Standalone: Aggregate sales for the quarter were higher at Rs 2,106 crore recording a growth of 19% YoY. PBT was higher at Rs 325 crore as against Rs 256 crore in Q1FY24 recording a growth of 27%. Margins were higher YoY at 15.4% of sales (14.5% of sales in last year) on account of higher realisations, favourable product mix and cost efficiencies in Power systems. Free cash flow generated for the quarter was Rs.63 crore. ROCE (annualised) for Q1FY25 was at 39%. Unexecuted Order Book as at 30 Jun 2024 was 44% higher YoY at Rs 7,054 crore (Rs. 4,909 crore as at 30 Jun 2023) Consolidated: Aggregate sales for the quarter were higher at Rs 2,228 crore recording a growth of 19% YoY. PBT was at Rs 336 crore (15.1% of sales) in Q1FY25 as against Rs 263 crore (14.0% of sales) in Q1FY24. Result PDF
Conference Call with CG Power and Industrial Solutions Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Heavy Electrical Equipment company CG Power and Industrial Solutions announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Aggregate sales for the quarter were higher at Rs 2,084 crore recording a growth of 17% YoY. PBT (before exceptional items) was at Rs 316 crore as against Rs 252 crore in Q4FY23. Margins were higher YoY at 15.2% of sales (14.1% of sales in last year) on account of higher realisations, favourable product mix and cost efficiencies in Power systems. Free cash flow generated for the quarter was Rs 178 crore. Unexecuted Order Book as at 31 Mar 2024 was 45% higher YoY at Rs 6,276 crore (Rs 4,319 crore as at 31 Mar 2023). FY24 Financial Highlights: Aggregate sales for the year were higher at Rs 7,610 crore recording a growth of 16% YoY. PBT (before exceptional items) was at Rs 1,146 crore as against Rs 927 crore in FY23. Margins were higher YoY at 15.1% of sales (14.1% of sales in last year) on account of higher realisations, favourable product mix, cost efficiencies and execution of export orders with better margins in Power systems and higher other income. ROCE for FY24 was at 37%. Free cash flow generated for the year was Rs 784 crore. Result PDF
