CG Power shares hit 52-week high: Here’s what Jefferies analysts said post Q4 earnings

CG Power and Industrial Solutions shares rallied 5.2% to hit a 52-week high of ₹872.35 apiece on Thursday, May 7, after the company reported a positive quarter.

The company posted a 34% jump in its consolidated profit to ₹365 crore for the quarter ended March 2025–26. In the corresponding period of the previous fiscal year, its profit was ₹272 crore.

The Mumbai-headquartered company's revenue from operations rose 25% in the January-March period to ₹3,442 crore from ₹2,753 crore in the year-ago period.

The firm reported stable operational performance in Q4 FY26 as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation), also known as operating profit, surged to ₹467 crore as against ₹347 crore a year earlier, marking a growth of 34.5%.

The company's EBITDA margin improved to 13.57% on a year-on-year (YoY) basis in contrast to 12.6% reported in the same quarter of the previous fiscal year.

CG Power, in a statement, said that its aggregate sales for the quarter were higher at ₹3,129 crore, recording a growth of 22% YoY. The company also reported an annualised ROCE² (Return on Capital Employed) at 27% during the quarter.

Its order intake rose 23% YoY to ₹4,505 crore, while the unexecuted order backlog stood at ₹15,719 crore as of March 31, 2026, marking a 59% growth compared to the previous year.

FY26 updates

For FY26, the firm witnessed an aggregate sales of ₹11,331 crore, marking a 21% YoY growth. The profit after tax (before exceptional items) increased 39% to ₹1,352 crore, compared with ₹974 crore in FY25. The PAT margin improved to 11.9% of sales from 10.4% in the previous financial year, while ROCE² (Return on Capital Employed) for the year stood at 22%.

The company’s order intake during FY26 grew 30% YoY to ₹17,574 crore. Its unexecuted order backlog stood at ₹15,719 crore as of March 31, 2026, marking a 59% increase compared to the previous year.

Analysts view

Following the earnings, analysts at Jefferies said EBITDA missed estimates by 17%, impacted by continued losses in the semiconductor business and lower margins in the Industrials segment.

They noted that the Power business continued to drive profitability, with the outlook remaining robust across domestic as well as export markets. However, it said concerns remain over the industrial segment dragging down the company’s overall profit growth.

CG Power share price

At 11:07 AM, shares of CG Power were trading at ₹868.45 apiece on the National Stock Exchange, surging 4.77%.

Shares of the firm have gained 25% over a month, while they have zoomed 18.5% in the past six months. From the beginning of the year, shares of CG Power have soared over 36%.

The company has a total market capitalisation of ₹1.36 lakh crore, according to data from the NSE.