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CG Power and Industrial Solutions

BST:CGV
Snowflake Description

Fair value with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CGV
BST
₹3B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

CG Power and Industrial Solutions Limited provides various solutions to utilities, industries, and consumers for the management and application of electrical energy in India and internationally. The last earnings update was 48 days ago. More info.


Add to Portfolio Compare Print
  • CG Power and Industrial Solutions has significant price volatility in the past 3 months.
CGV Share Price and Events
7 Day Returns
105%
BST:CGV
0.4%
DE Electrical
-2.7%
DE Market
1 Year Returns
-68.8%
BST:CGV
-11.6%
DE Electrical
-20.4%
DE Market
CGV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CG Power and Industrial Solutions (CGV) 105% 19.4% -19.1% -68.8% -83% -94.9%
DE Electrical 0.4% -24.3% -37.1% -11.6% -42.1% -43%
DE Market -2.7% -18.4% -26.7% -20.4% -25.9% -30.4%
1 Year Return vs Industry and Market
  • CGV underperformed the Electrical industry which returned -11.6% over the past year.
  • CGV underperformed the Market in Germany which returned -20.4% over the past year.
Price Volatility
CGV
Industry
5yr Volatility vs Market

CGV Value

 Is CG Power and Industrial Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of CG Power and Industrial Solutions to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for CG Power and Industrial Solutions.

BST:CGV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 15.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:CGV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 7.9%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.115 (1 + (1- 35%) (723.68%))
4.593
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 7.85%)
15.31%

Discounted Cash Flow Calculation for BST:CGV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CG Power and Industrial Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BST:CGV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.31%)
2020 7,284.86 Est @ 8.08% 6,317.63
2021 7,688.44 Est @ 5.54% 5,782.35
2022 7,977.60 Est @ 3.76% 5,203.21
2023 8,178.29 Est @ 2.52% 4,625.88
2024 8,312.74 Est @ 1.64% 4,077.64
2025 8,398.67 Est @ 1.03% 3,572.80
2026 8,449.63 Est @ 0.61% 3,117.23
2027 8,475.62 Est @ 0.31% 2,711.66
2028 8,483.96 Est @ 0.1% 2,353.94
2029 8,479.87 Est @ -0.05% 2,040.42
Present value of next 10 years cash flows ₹39,802.00
BST:CGV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹8,479.87 × (1 + -0.39%) ÷ (15.31% – -0.39%)
₹53,801.28
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹53,801.28 ÷ (1 + 15.31%)10
₹12,945.62
BST:CGV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹39,802.00 + ₹12,945.62
₹52,747.62
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹52,747.62 / 626.75
₹84.16
BST:CGV Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:CGV represents 0.11474x of BSE:500093
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11474x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 84.16 x 0.11474
€9.66
Value per share (EUR) From above. €9.66
Current discount Discount to share price of €0.62
= -1 x (€0.62 - €9.66) / €9.66
93.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price CG Power and Industrial Solutions is available for.
Intrinsic value
>50%
Share price is €0.62 vs Future cash flow value of €9.66
Current Discount Checks
For CG Power and Industrial Solutions to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CG Power and Industrial Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CG Power and Industrial Solutions's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CG Power and Industrial Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CG Power and Industrial Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:CGV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in INR ₹-32.20
BSE:500093 Share Price ** BSE (2020-04-02) in INR ₹5.36
Germany Electrical Industry PE Ratio Median Figure of 7 Publicly-Listed Electrical Companies 20.09x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CG Power and Industrial Solutions.

BST:CGV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:500093 Share Price ÷ EPS (both in INR)

= 5.36 ÷ -32.20

-0.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CG Power and Industrial Solutions is loss making, we can't compare its value to the DE Electrical industry average.
  • CG Power and Industrial Solutions is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does CG Power and Industrial Solutions's expected growth come at a high price?
Raw Data
BST:CGV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electrical Industry PEG Ratio Median Figure of 6 Publicly-Listed Electrical Companies 0.68x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CG Power and Industrial Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CG Power and Industrial Solutions's assets?
Raw Data
BST:CGV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in INR ₹35.81
BSE:500093 Share Price * BSE (2020-04-02) in INR ₹5.36
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.8x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
BST:CGV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:500093 Share Price ÷ Book Value per Share (both in INR)

= 5.36 ÷ 35.81

0.15x

* Primary Listing of CG Power and Industrial Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CG Power and Industrial Solutions is good value based on assets compared to the DE Electrical industry average.
X
Value checks
We assess CG Power and Industrial Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. CG Power and Industrial Solutions has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CGV Future Performance

 How is CG Power and Industrial Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CG Power and Industrial Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
69%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CG Power and Industrial Solutions expected to grow at an attractive rate?
  • Unable to compare CG Power and Industrial Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare CG Power and Industrial Solutions's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare CG Power and Industrial Solutions's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:CGV Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:CGV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:CGV Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BST:CGV Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-12-31 64,825 -20,408
2019-09-30 81,731 -21,896
2019-06-30 79,437 -4,503
2019-03-31 79,979 8,109 -4,879
2018-12-31 96,439 -9,934
2018-09-30 64,118 -2,591
2018-06-30 84,226 -7,312
2018-03-31 80,311 3,796 -6,696
2017-12-31 61,101 -136
2017-09-30 59,127 -467
2017-06-30 60,328 -63
2017-03-31 55,165 -5,399 783

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if CG Power and Industrial Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if CG Power and Industrial Solutions is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:CGV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CG Power and Industrial Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:CGV Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BST:CGV Past Financials Data
Date (Data in INR Millions) EPS *
2019-12-31 -32.20
2019-09-30 -35.10
2019-06-30 -7.12
2019-03-31 -7.78
2018-12-31 -16.01
2018-09-30 -4.14
2018-06-30 -11.69
2018-03-31 -10.68
2017-12-31 -0.21
2017-09-30 -0.74
2017-06-30 -0.10
2017-03-31 1.25

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CG Power and Industrial Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether CG Power and Industrial Solutions is trading at CG Power and Industrial Solutions'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. CG Power and Industrial Solutions's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. CG Power and Industrial Solutions's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess CG Power and Industrial Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CG Power and Industrial Solutions has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CGV Past Performance

  How has CG Power and Industrial Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CG Power and Industrial Solutions's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CG Power and Industrial Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare CG Power and Industrial Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CG Power and Industrial Solutions's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
CG Power and Industrial Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CG Power and Industrial Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:CGV Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 64,824.90 -20,407.90 11,193.40
2019-09-30 81,730.70 -21,896.40 13,849.40
2019-06-30 79,436.80 -4,502.70 11,623.50
2019-03-31 79,979.10 -4,879.00 11,692.70
2018-12-31 96,438.50 -9,933.60 16,285.40
2018-09-30 64,118.10 -2,591.30 6,596.60
2018-06-30 84,226.20 -7,311.90 13,654.80
2018-03-31 80,310.80 -6,695.60 12,254.80
2017-12-31 61,100.50 -135.50 5,835.50
2017-09-30 59,126.60 -466.80 5,719.00
2017-06-30 60,328.20 -63.00 5,254.80
2017-03-31 55,165.10 782.70 5,567.60
2016-12-31 58,751.50 2,924.40 7,064.70
2016-09-30 57,648.60 1,563.50 7,255.00
2016-06-30 56,683.60 1,792.20 7,159.30
2016-03-31 52,685.90 1,146.10 6,141.80
2015-12-31 100,227.40 -3,817.40 -969.80
2015-09-30 104,576.00 -1,236.60 -425.90
2015-06-30 106,717.90 -1,062.10 -350.50
2015-03-31 55,053.60 3,685.50 7,277.40
2014-12-31 138,602.00 4,717.20 29,167.50
2014-09-30 139,163.00 2,594.50 29,270.80
2014-06-30 137,273.30 2,482.70 29,295.10
2014-03-31 109,220.40 76.30
2013-12-31 131,014.00 2,057.80 27,131.80
2013-09-30 127,212.60 -456.00 26,464.20
2013-06-30 124,405.20 -619.60 25,995.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if CG Power and Industrial Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CG Power and Industrial Solutions has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CG Power and Industrial Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CG Power and Industrial Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CG Power and Industrial Solutions has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CGV Health

 How is CG Power and Industrial Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CG Power and Industrial Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CG Power and Industrial Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • CG Power and Industrial Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CG Power and Industrial Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CG Power and Industrial Solutions Company Filings, last reported 3 months ago.

BST:CGV Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31
2019-09-30 20,765.20 24,310.90 2,533.00
2019-06-30 21,853.70 35,901.70 2,496.40
2019-03-31 21,853.70 35,844.90 2,496.40
2018-12-31
2018-09-30 24,928.30 19,696.50 4,896.30
2018-06-30 29,214.90 34,312.50 3,815.30
2018-03-31 29,214.90 34,230.20 3,815.30
2017-12-31 34,099.00 15,072.00 7,744.20
2017-09-30 34,099.00 15,072.00 7,744.20
2017-06-30 41,110.90 12,144.70 9,392.10
2017-03-31 41,110.90 15,027.10 7,297.10
2016-12-31 46,886.60 18,330.10 12,784.60
2016-09-30 46,886.60 18,330.10 12,784.60
2016-06-30 45,971.60 14,732.50 8,248.40
2016-03-31 45,971.60 15,205.10 7,961.90
2015-12-31 39,268.70 21,904.70 6,281.40
2015-09-30 39,268.70 21,904.70 6,281.40
2015-06-30 38,362.20 27,445.00 8,501.20
2015-03-31 43,078.00 20,783.80 8,437.40
2014-12-31 37,947.00 26,591.50 9,582.70
2014-09-30 37,947.00 26,591.50 9,582.70
2014-06-30 36,563.10 23,959.90 8,358.40
2014-03-31 36,563.10 23,904.40 8,358.40
2013-12-31 36,973.00 22,906.10 9,592.50
2013-09-30 36,973.00 22,906.10 9,592.50
2013-06-30 35,710.00 20,293.50 10,840.70
  • CG Power and Industrial Solutions's level of debt (116.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (69.9% vs 116.8% today).
  • Debt is well covered by operating cash flow (33.4%, greater than 20% of total debt).
  • CG Power and Industrial Solutions is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess CG Power and Industrial Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CG Power and Industrial Solutions has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CGV Dividends

 What is CG Power and Industrial Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CG Power and Industrial Solutions dividends.
If you bought €2,000 of CG Power and Industrial Solutions shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CG Power and Industrial Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CG Power and Industrial Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:CGV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 320 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:CGV Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BST:CGV Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-02-10 0.000 0.000
2016-12-07 0.000 0.000
2016-08-30 0.000 0.000
2016-05-27 0.000 0.000
2016-02-02 0.000 0.000
2015-10-29 0.000 0.000
2015-07-24 0.000 0.000
2015-05-28 0.000 0.000
2015-02-03 1.200 0.703
2014-10-16 1.200 0.642
2014-05-29 1.200 0.596
2014-01-29 1.200 0.805
2013-11-08 0.800 0.670
2013-05-24 1.200 1.340
2012-07-20 1.000 0.922
2012-07-12 1.400 1.088
2012-05-25 1.400 1.177
2012-01-31 1.600 1.187
2011-10-19 2.200 1.695
2011-06-02 2.200 1.227
2011-04-28 2.200 0.882
2010-05-13 1.257 0.443
2010-01-28 1.257 0.502
2009-10-27 1.200 0.523

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CG Power and Industrial Solutions has not reported any payouts.
  • Unable to verify if CG Power and Industrial Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CG Power and Industrial Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CG Power and Industrial Solutions has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CG Power and Industrial Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CG Power and Industrial Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CG Power and Industrial Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CGV Management

 What is the CEO of CG Power and Industrial Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sudhir Mathur
COMPENSATION ₹300,000
AGE 58
CEO Bio

Mr. Sudhir Mathur has been Chief Executive Officer of Oil & Gas Business at Vedanta Group since 2018 and its Acting Chief Executive Officer of Oil & Gas Business from June 2016 to 2018. He serves as Whole Time Executive Director at CG Power and Industrial Solutions Limited since May 10, 2019 and served as its Non-Executive Independent Director since October 1, 2018 until May 10, 2019. Mr. Mathur served as the Chief Financial Officer of Cairn India Limited at Vedanta Resources Limited (formerly known as Vedanta Resources PLC) since September 2012 and served as its Acting Chief Executive Officer of Cairn India Limited since June 5, 2016 until April 2019. He served as the Chief Financial Officer of Aircel Limited. He joined Cairn India in early September 2012 from Aircel Cellular Ltd., where he served as the Chief Financial Officer and was responsible for Strategy, Finance, Supply Chain Management and Regulatory Affairs. He served as the Chief Financial Officer of Idea Cellular Ltd. He has substantial expertise, knowledge and experience in several key areas of Finance and Strategic Planning, with a proven record of accomplishment in deploying significant capital to enable value creation. He has also played a pivotal role in his previous assignments in accelerating business growth. Prior to Aircel Cellular Ltd., he has held senior positions in Delhi International Airport Ltd., Idea Cellular, Ballarpur Industries Limited and Price Waterhouse Coopers India. He serves as a Director of Cairn Energy Australia Pty Limited. He served as an Independent Non-Executive Director of Ballarpur Industries Limited since August 08, 2017 until May 16, 2019. He served as a Director at Ballarpur Industries Limited. Mr. Mathur has a Bachelor’s degree in Economics from Delhi University and a Masters of Business Administration from Cornell University.

CEO Compensation
  • Insufficient data for Sudhir to compare compensation growth.
  • Sudhir's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the CG Power and Industrial Solutions management team in years:

0.4
Average Tenure
52.5
Average Age
  • The average tenure for the CG Power and Industrial Solutions management team is less than 2 years, this suggests a new team.
Management Team

Sudhir Mathur

TITLE
Whole Time Executive Director
COMPENSATION
₹300K
AGE
58

Susheel Todi

TITLE
Group Financial Controller & VP
TENURE
0.3 yrs

Srinivas Ponnaluri

TITLE
Chief Technology Officer & VP
COMPENSATION
₹12M
AGE
47

Ravi Rajagopal

TITLE
Global Head of Legal
COMPENSATION
₹13M

Alen Ferns

TITLE
Company Secretary & Compliance Officer
TENURE
0.1 yrs

Paula Sengupta

TITLE
Global Head of Communications

Sunil Panjwani

TITLE
VP, Head of Internal Audit & EHS and Global Head of HR & Corporate Communications
TENURE
0.4 yrs

Kunal Dhawan

TITLE
Chief Marketing Officer
COMPENSATION
₹5M
AGE
43

Jean-Michel Aubertin

TITLE
EVP, Member of the Intl. Board
AGE
61
TENURE
5.3 yrs

Ramesh N

TITLE
President of India Businesses
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the CG Power and Industrial Solutions board of directors in years:

0.8
Average Tenure
62
Average Age
  • The average tenure for the CG Power and Industrial Solutions board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ashish Kumar Guha

TITLE
Independent Chairman of the Board
COMPENSATION
₹920K
AGE
62
TENURE
0.6 yrs

Sudhir Mathur

TITLE
Whole Time Executive Director
COMPENSATION
₹300K
AGE
58
TENURE
1.5 yrs

Jitender Balakrishnan

TITLE
Non-Executive Independent Director
COMPENSATION
₹1M
AGE
70
TENURE
2.9 yrs

Narayan Seshadri

TITLE
Additional & Non Executive Independent Director
AGE
62
TENURE
1.1 yrs

Ramni Nirula

TITLE
Non-Executive Independent Director
COMPENSATION
₹1M
TENURE
4 yrs

Pradeep Mathur

TITLE
Additional Non-Executive Independent Director
AGE
61
TENURE
0.3 yrs

Rathin Roy

TITLE
Additional & Non Executive Independent Director
TENURE
0.3 yrs

Aditi Raja

TITLE
Additional & Non Executive Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess CG Power and Industrial Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CG Power and Industrial Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CGV News

Simply Wall St News

CGV Company Info

Description

CG Power and Industrial Solutions Limited provides various solutions to utilities, industries, and consumers for the management and application of electrical energy in India and internationally. The company operates through Power Systems and Industrial Systems segments. The Power Systems segment offers power and distribution transformers, circuit breakers, switchgears, instrument transformers, lightning arrestors, isolators, and vacuum interrupters. It also undertakes design, products, procurement, construction, erection, and servicing of turnkey transmission and distribution projects, as well as substation projects. The Industrial Systems segment provides motors, AC and DC drives, AC generators, variable frequency drives and solutions, soft starters and shaft power monitors, rotary heat exchangers with switch reluctance motors, traction electronics and traction machines for railway transportation, railway signalling equipment, and stampings. CG Power and Industrial Solutions Limited serves utilities and industries in the generation, transmission, distribution, renewable, oil and gas, cement, metals and mining, and railway and transportation sectors. The company was formerly known as Crompton Greaves Limited and changed its name to CG Power and Industrial Solutions Limited in February 2017. CG Power and Industrial Solutions Limited was founded in 1937 and is based in Mumbai, India.

Details
Name: CG Power and Industrial Solutions Limited
CGV
Exchange: BST
Founded: 1937
₹40,208,969
626,746,142
Website: http://www.cgglobal.com
Address: CG Power and Industrial Solutions Limited
CG House,
6th Floor,
Mumbai,
Maharashtra, 400030,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 500093 Equity Shares Mumbai Stock Exchange IN INR 02. Mar 1995
NSEI CGPOWER Equity Shares National Stock Exchange of India IN INR 02. Mar 1995
OTCPK CPGZ.F SPON GDR EACH REPR 5 ORD SHS Pink Sheets LLC US USD 01. Aug 1996
BST CGV SPON GDR EACH REPR 5 ORD SHS Boerse-Stuttgart DE EUR 01. Aug 1996
LSE CGVD SPON GDR EACH REPR 5 ORD SHS London Stock Exchange GB USD 01. Aug 1996
BATS-CHIXE CGVDL SPON GDR EACH REPR 5 ORD SHS BATS 'Chi-X Europe' GB INR 01. Aug 1996
Number of employees
Current staff
Staff numbers
5,524
CG Power and Industrial Solutions employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 22:52
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2019/08/30
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.