In this blog post, we explore the CG Power share price targets for 2024, 2025 to 2030. To know how the stock will perform in the upcoming years, read the complete technical and fundamental analysis report.
Before going on it’s Analysis, We first understand that what he do and his history?
What is CG Power & Industrial Solutions Ltd.?
CG Power & Industrial Solutions Limited, established in 1937, is an Indian company specializing in comprehensive electrical energy management solutions for utilities, industries, and consumers. Its business segments include Power Systems and Industrial Systems.
The Power Systems segment focuses on manufacturing electrical equipment for various sectors, offering products like transformers, reactors, and switchgear, along with turnkey solutions for power distribution and generation.
Meanwhile, the Industrial Systems segment concentrates on producing power conversion equipment for diverse industrial applications, including medium and low voltage rotating machines, drives, stampings, and solutions tailored for the Indian railways’ needs, covering rolling stock, traction machines, propulsion control equipment, coach panels, and signaling equipment. Led by Managing Director Mr. Natarajan Srinivasan, CGPOWER is committed to delivering innovative solutions in the electrical energy domain.
CG Power Fundamental Analysis
| Company | CG Power & Industrial Solutions Ltd. |
|---|---|
| Market Cap | ₹ 70,622.38 Cr. |
| Enterprise Value | ₹ 69,970.36 Cr. |
| No. of Shares | 152.73 Cr. |
| P/E | 70.34 |
| P/B | 22.07 |
| Face Value | ₹ 2 |
| Div. Yield | 0.34 % |
| Book Value (TTM) | ₹ 20.95 |
| Cash | ₹ 654.89 Cr. |
| Debt | ₹ 2.87 Cr. |
| Promoter Holding | 58.11 % |
| EPS (TTM) | ₹ 6.57 |
| Sales Growth | 27.53% |
| ROE | 37.19 % |
| ROCE | 43.81% |
| Profit Growth | 25.24 % |
CG Power Profit & Loss Analysis
Adjusted EPS (Earnings Per Share) for CG Power & Industrial Solutions Limited, in Rs., saw fluctuations over the years:
- In March 2019, it stood at -22.26 Rs.
- By March 2020, it decreased to -23.61 Rs.
- However, by March 2021, it rebounded to 5.15 Rs.
- In March 2022, it slightly decreased to 4.35 Rs.
- And in March 2023, it rose again to 5.14 Rs.
| Year | Adjusted EPS (Rs.) |
|---|---|
| March 2019 | -22.26 |
| March 2020 | -23.61 |
| March 2021 | 5.15 |
| March 2022 | 4.35 |
| March 2023 | 5.14 |
| Year | CG Power Share Price Target 2024 |
| 2024 | ₹600 to ₹750 |
- Technical analysis: This method examines historical price movements and trading patterns to predict future trends. Based on technical analysis, the minimum target for 2024 is projected to be ₹610.37, with a maximum of ₹700.44.
- Fundamental analysis: This approach considers a company’s financial health, including its profitability, growth potential, and debt levels. In Cred, a financial services company, projects a target of ₹750.50 based on fundamental analysis [Source: Business Today].
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| Year | CG Power Share Price Target 2025 |
| 2025 | ₹740.50 to ₹925.20 |
- Based on various sources, the estimated target range for 2025 falls between ₹740.6 and ₹925.20 [Sources: Gov Capital].
- This indicates the possibility of moderate growth compared to 2024.
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| Year | CG Power Share Price Target 2026 |
| 2026 | ₹930.7 to ₹1100.3 |
Based on current information from Experts, the initial price target for CG Power in 2026 is projected to be around ₹930.79, with a mid-year target of ₹1050.42. The year-end target could potentially reach ₹1100.34 under bullish market conditions.
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| Year | CG Power Share Price Target 2027 |
| 2027 | ₹1100.8 to ₹1290.5 |
As per analysis, the projected price target range for 2027 falls between ₹1100.02 and ₹1290.64. This suggests the possibility of continued but moderate growth compared to previous years.
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| Year | CG Power Share Price Target 2028 |
| 2028 | ₹1290.50 to ₹1480.50 |
Based on Technical Analysis, the initial price target for CG Power in 2028 is projected to be around ₹1290.51. The mid-year target could reach ₹1310.23, and the year-end target could potentially reach ₹1480.10, assuming a bullish market scenario.
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| Year | CG Power Share Price Target 2029 |
| 2029 | ₹1485 to ₹1655 |
As per Analysis, the initial price target for CG Power in 2029 is projected to be around ₹1485.1. Under favorable market conditions, the mid-year target could reach ₹1563.71, and the year-end target could potentially reach ₹1655.4.
Also Read: Waaree Share Price Target 2024, 2025, 2030: A Fundamental Analysis
| Year | CG Power Share Price Target 2030 |
| 2030 | ₹1650 to ₹1900 |
As per fundamental & Techincal Analysis, the initial price target for CG Power in 2030 is projected to be around ₹1650.72. Under favorable market conditions, the mid-year target could reach ₹1900.28.
CG Power & Industrial Solutions Stock Quick Analysis
Investing in stocks necessitates thorough analysis of financial data to assess a company’s true value. While examining profit and loss accounts, balance sheets, and cash flow statements is crucial, it can be time-consuming. Utilizing financial ratios can streamline this process and provide valuable insights into a company’s performance.
Key essential tools for investors to consider:
1. PE Ratio (Price to Earnings): CG Power & Industrial Solutions displays a PE ratio of 71.31, indicating overvaluation relative to earnings per share.
2. Share Price: The current share price of CG Power & Industrial Solutions stands at Rs 468.75, with valuation calculators available to assess whether it’s undervalued or overvalued.
3. Return on Assets (ROA): With an ROA of 22.44%, CG Power & Industrial Solutions demonstrates efficient utilization of assets to generate profits, boding well for future performance.
4. Current Ratio: CG Power & Industrial Solutions boasts a current ratio of 1.54, signifying its ability to meet short-term liabilities with short-term assets, enhancing stability.
5. Return on Equity (ROE): Sporting an ROE of 37.19%, CG Power & Industrial Solutions showcases its proficiency in generating profits from shareholders’ investments.
6. Debt to Equity Ratio: With a D/E ratio of 0.00, CG Power & Industrial Solutions maintains a low proportion of debt in its capital structure.
7. Inventory Turnover Ratio: CG Power & Industrial Solutions exhibits an inventory turnover ratio of 14.13, indicating potential inefficiencies in inventory and working capital management.
8. Sales Growth: CG Power & Industrial Solutions reports a revenue growth of 27.53%, reflecting satisfactory performance and growth.
9. Operating Margin: CG Power & Industrial Solutions’ operating margin for the current financial year stands at 14.24%, offering insights into its operational efficiency.
10. Dividend Yield: With a dividend of Rs 1.50 and a yield of 0.32%, CG Power & Industrial Solutions provides a glimpse into the dividend potential relative to its stock price.
👍 Strengths
- Demonstrated robust profit growth of 36.27% over the past 3 years.
- Exhibited strong revenue growth of 27.57% over the past 3 years.
- Significantly reduced its debt by 299.44 Cr.
- Maintained a healthy ROE of 94.93% over the past 3 years.
- Maintained a healthy ROCE of 46.73% over the past 3 years.
- Virtually debt-free.
- Maintains a healthy Interest coverage ratio of 68.52.
- Efficient Cash Conversion Cycle of 12.12 days.
- High promoter holding of 58.11%.
👎 Weakness
- Trading at a high PE of 70.34.
- Trading at a high EV/EBITDA of 57.95.
