CG Power Share Price Target 2024-2030 Fundamentals & Quarterly Results

CG Power Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results –CG Power and Industrial Solutions Limited was originally created by REB Crompton in 1937, and was later taken over by Karam Chand Thapar, who changed the name to Crompton Greaves Ltd in 1966. It is until last year when Crompton Greaves Ltd was broken up because a portion deals with power plants and heavy industries while the remaining part involves making electrical appliances for everyday use by people. Consequently, the name of Crompton Greaves Ltd has been changed to CG Power and Industrial Solutions Ltd.

Latest Update – In the Q1 2024-2025, CG Power and Industrial Solutions Ltd’s net profit rose by 18.37% compared to same period last year amounting to ₹241.14Cr. In terms of quarterly growth, CG Power and Industrial Solutions Ltd has seen its net profits climbing up by 3.23% compared to 3 months back.

CG Power Overview

CG Power & Industrial Solutions is a global company offering solutions from the beginning to the end to utilities, industries, and customers in managing and using electric power that is efficient and can be renewed. The company provides goods, facilities and solutions in two main divisions: Power Systems and Industrial Systems.

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CG Power Business Profile

CG is owned and operated by various entities, of which Murugappa Group Corporation, Tube Investment, is recently renewed by infusing 700 million INR during the financial year 2020. It supports only one company and Industrial Systems (incorporating Motors and Drives, Railways) as well as also power systems (which serve Transformers, Switchgears & allied others). The organization has dominant position in Motors business by virtue of volume and market share perspectives.

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Manufacturing facilities

The company’s 17 manufacturing facilities are distributed throughout the nation. They lie across Goa, Madhya Pradesh (Bhopal, Indore, Gwalior) and Maharashtra (Ahmednagar, Nashik, Aurangabad).

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Capacity Expansion

In the fiscal year 2023, CG intends to modernize the existing facilities and remove bottlenecks. Company’s capacity expansion plans cover their plants in Ahmednagar, Goa, Bhopal and Malanpur. Expenditure would be around 400 crores to be spent in FY24-25.

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Geographical Presence

During the FY24, Burkina Faso, Cameron, Congo, Greece, Kenya, Paraguay, Philippines, Suriname, Tunisia, UAE and Uganda will be covered although it is not limited to them. The company’s focus will be specifically on increasing exports and improving the percentage of the export contribution from 5 % to 20 % in the next 4-5 years.

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Subsidiaries

In the financial year 2023, there are three Indian companies and eighteen other companies (including two Belgian companies and their bankrupt subsidiaries; five voluntarily liquidated corporations and one company that declared insolvency).

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• CG Adhesive Products Limited (formerly known as CG-PPI Adhesive Products
  Limited)
• CG International Holdings Singapore Pte. Limited
• CG Power Equipments Limited
• CG Sales Networks Malaysia Sdn. Bhd.
• PT Crompton Prima Switchgear Indonesia
• CG International B.V.
• CG Drives & Automation Netherlands B.V.
• CG Drives & Automation Germany GmbH
• CG Industrial Holdings Sweden AB
• CG Drives & Automation Sweden AB
• CG Power Americas, LLC
• CG DE Sub, LLC (formerly known as QEI, LLC)
• CG Power Solutions UK Limited (Liquidated w.e.f. June 2, 2023)
• CG Semi Private Limited (Incorporated on March 8, 2024)

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CG Power Fundamentals & Quarterly Results

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CG Power Quarterly Results

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CAGR Report

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CG Power Shareholding Pattern

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CG Power Share Price Target 2024-2030 Forecast

CG POWER Share Price Target 2025

CG POWER Share Price Target 2026

CG POWER Share Price Target 2027

CG POWER Share Price Target 2028

CG POWER Share Price Target 2029

CG POWER Share Price Target 2030

Official Website – cgglobal.com