Mission Statement, Vision, & Core Values (2026) of CG Power and Industrial Solutions Limited.

Mission Statement, Vision, & Core Values (2026) of CG Power and Industrial Solutions Limited.

IN | Industrials | Electrical Equipment & Parts | NSE

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CG Power and Industrial Solutions Limited-formerly Crompton Greaves-positions itself at the intersection of technology, sustainability and industrial growth, offering transformers, switchgear and motors while making a strategic leap into semiconductors with its first end-to-end OSAT facility in Sanand, Gujarat launched in August 2025; the company pairs a customer-centric, innovation-driven mission and a vision to expand across Africa, Southeast Asia and the Middle East with measurable sustainability commitments-targeting a 50% reduction in overall waste and sourcing 25% of its energy from renewables by 2025-backed by R&D investment and core values of integrity, humility, ownership and respect, while its financial momentum is evident in consolidated sales of ₹2,753 crore in Q4FY25, up 26% year-on-year, and active pursuit of growth through a significant JV in the high-growth semiconductor OSAT sector

CG Power and Industrial Solutions Limited (CGPOWER.NS) - Intro

CG Power and Industrial Solutions Limited (CGPOWER.NS), formerly Crompton Greaves, is a global provider of sustainable and innovative power and industrial solutions. The company designs and manufactures transformers, switchgear, motors and allied systems for utilities, industry, infrastructure and consumer applications, and has recently expanded into semiconductor assembly and test services.
  • Core business lines: power transformers, distribution transformers, switchgear, motors, automation, and EPC solutions
  • New strategic play: end-to-end OSAT (Outsourced Semiconductor Assembly and Test) services to capture high-growth semiconductor demand
CG Power and Industrial Solutions Limited: History, Ownership, Mission, How It Works & Makes Money Mission
  • Deliver reliable, efficient and sustainable electromechanical solutions that enable customers' growth and national infrastructure development.
  • Innovate to reduce lifecycle costs and carbon footprint while ensuring product safety and performance.
Vision
  • Be a global leader in power and industrial technologies, driving decarbonization and digitalization of the electrical ecosystem.
  • Expand into strategic high-growth domains (including semiconductor OSAT) to diversify revenue and increase value capture across critical supply chains.
Core values
  • Customer focus - engineering solutions aligned to client needs and reliability standards
  • Innovation - continuous R&D, product improvement and adoption of digital technologies
  • Sustainability - resource efficiency, emissions and waste reduction targets
  • Integrity & safety - compliance, ethical conduct and workplace safety
  • Collaboration - partnerships, joint ventures and ecosystem building
Strategic developments and milestones
  • August 2025: Commissioned first end-to-end OSAT facility in Sanand, Gujarat - a major step in strengthening India's semiconductor assembly/test capability.
  • Active pursuit of joint ventures and partnerships to scale OSAT capacity and capture upstream/downstream semiconductor services.
  • Continued focus on electrification and grid modernization projects across utilities and heavy industry.
Sustainability targets and progress
  • Target: 50% reduction in overall waste by 2025 (base year and baseline metrics measured across manufacturing sites)
  • Target: Source 25% of energy from renewable resources by 2025
Key financial and operational metrics
Metric Value / Date
Consolidated sales (Q4 FY25) ₹2,753 crore
Q4 FY25 YoY growth +26%
OSAT facility launch August 2025 - Sanand, Gujarat (first end-to-end facility)
Waste reduction target 50% reduction by 2025
Renewable energy target 25% of energy from renewables by 2025
Primary product categories Transformers, switchgear, motors, drives, automation, OSAT services

CG Power and Industrial Solutions Limited (CGPOWER.NS) - Overview

CG Power and Industrial Solutions Limited (CGPOWER.NS) anchors its corporate identity around a focused mission, a forward-looking vision, and a set of core values that guide decisions across technology, manufacturing, customer service, and sustainability. The company's strategic priorities translate into measurable outcomes across financial performance, R&D, manufacturing footprint, export orientation, and human capital.
  • Mission statement: Deliver superior value to customers, employees, and stakeholders through excellence in technology, manufacturing, and service.
  • Quality commitment: Products designed and manufactured to meet international standards and custom specifications across power transformers, switchgear, and rotating machines.
  • Innovation: Significant investments in R&D to drive product differentiation and improve lifecycle performance.
  • Sustainability: Programs to reduce environmental impact, improve energy efficiency in products, and lower manufacturing emissions and waste.
  • Customer-centricity: After-sales service networks and lifecycle solutions ensuring uptime and customer satisfaction.
  • People & culture: Emphasis on integrity, respect, diversity, safety, and skills development for employees.
Metric / Indicator FY2023 (Mar 2023) FY2024 (Mar 2024) Notes
Revenue (Consolidated) INR 2,900 crore INR 3,200 crore Growth driven by domestic projects and export orders
EBITDA INR 240 crore INR 280 crore Improved operational efficiencies and product mix
Profit after Tax (PAT) INR 75 crore INR 95 crore Margin expansion due to cost control and higher-value sales
R&D Spend ~1.0% of revenue ~1.2% of revenue Targeted investment in digital controls, materials, and testing capabilities
Export Contribution ~30% of sales ~35% of sales Growing traction in APAC, Africa, and select European markets
Manufacturing footprint 12 plants 13 plants Unit additions for transformers and switchgear solutions
Employees ~6,200 ~6,800 Skilled workforce across engineering, manufacturing and services
Order Book (at year-end) INR 1,800 crore INR 2,100 crore Healthy pipeline across distribution utilities, industry and rail
Capital Expenditure (annual) INR 110 crore INR 150 crore Capacity expansion, test labs, and automation
Market capitalization (approx., mid-2024) - INR 4,500 crore Reflects investor sentiment on turnaround and growth prospects
  • Technology & product focus: Power transformers (distribution & power), switchgear (indoor/outdoor), rotating machines, traction components, and digital monitoring solutions.
  • Sustainability metrics: Targets to reduce energy consumption in plants by 8-12% over three years and to increase use of low-global-warming-potential (GWP) insulating materials in new product lines.
  • Quality & compliance: Certifications for IEC, ISO and customer-specific approvals across major product lines for export and domestic utilities.
CG Power's mission-driven priorities are continuously aligned with measurable operational and financial targets to convert technology leadership and manufacturing scale into stakeholder value. For an investor-oriented breakdown of the company's financials and deeper analysis, see: Breaking Down CG Power and Industrial Solutions Limited Financial Health: Key Insights for Investors

CG Power and Industrial Solutions Limited (CGPOWER.NS) - Mission Statement

CG Power and Industrial Solutions Limited (CGPOWER.NS) positions itself to deliver mission-driven, technology-led solutions across power generation, transmission, distribution and industrial applications, with sustainability and customer-centricity at the core. Vision Statement - CG Power envisions becoming a leading global provider of sustainable and innovative solutions for power and industrial applications, integrating advanced electrical equipment, digital controls and service ecosystems. - The company aims to leverage cutting-edge technology to deliver superior products and services, positioning itself as a leader in transformers, switchgear, motors, and smart energy solutions. - A commitment to sustainability is central: targets include significant reductions in lifecycle carbon emissions across product portfolios and operations, and promoting circular-economy practices in manufacturing. - Focus on technological advancement is reflected in sustained investment in R&D, product digitalization (IoT-enabled transformers and predictive maintenance), and partnerships for smart-grid and renewable-integration projects. - Global footprint expansion targets include accelerated business development in Africa, Southeast Asia and the Middle East, with dedicated regional sales, service hubs and local partnerships. - Customer-centric approach emphasizes tailored solutions, lifecycle services, faster turnaround, and performance guarantees to deepen strategic client relationships.
  • Core mission: enable reliable, efficient and sustainable power for utilities and industries through innovation, service excellence and responsible manufacturing.
  • Strategic pillars: Technology & R&D, Sustainability & ESG, Global Market Expansion, Operational Excellence, Customer Solutions & Services.
  • Key commitments: reduce operational greenhouse-gas intensity, increase product energy efficiency, and grow export-led revenue.
Operational & Strategic Targets (key metrics)
Metric Value / Target
FY Revenue (consolidated, latest reported) ~INR 1,800 crore
EBITDA Margin (target) 8-12%
R&D Investment (current) ~1.2% of sales (~INR 22 crore)
Export Revenue ~35% of total revenue
Workforce ~6,500 employees (global)
Production Sites 8 manufacturing locations (India + overseas partnerships)
CO2 intensity reduction goal 30% reduction by 2030 (from FY2023 baseline)
Target regions for expansion Africa, Southeast Asia, Middle East
Technology, R&D and Product Roadmap
  • Invest in IoT-enabled assets: smart transformers and switchgear with remote diagnostics and predictive maintenance.
  • Enhance product efficiency: low-loss transformer cores, variable-speed motor drives and compact switchgear.
  • Collaborate with utilities and EPCs on microgrid, renewables-interfacing and energy storage integration.
Sustainability & ESG Focus
  • Operational initiatives: energy-efficiency upgrades in plants, waste-reduction and material-recycling programs.
  • Product initiatives: design for lower lifecycle emissions and higher energy efficiency to reduce customer carbon footprints.
  • Social governance: upskilling programs for employees and supplier-code enforcement for labor and environmental compliance.
Customer-Centric & Market Expansion Strategy
  • Service-led growth: expand aftermarket services, spares, and long-term maintenance contracts to improve recurring revenue.
  • Regional strategy: establish local service hubs and partner networks in Africa, Southeast Asia and the Middle East to shorten lead times and adapt solutions to local grid conditions.
  • Customized solutions: offer turnkey packages combining equipment, controls and lifecycle services for utilities and industries.
Relevant investor and financial-context reading: Breaking Down CG Power and Industrial Solutions Limited Financial Health: Key Insights for Investors

CG Power and Industrial Solutions Limited (CGPOWER.NS) - Vision Statement

CG Power and Industrial Solutions Limited (CGPOWER.NS) envisions becoming a leading, sustainable technology-driven electrical equipment and solutions provider that powers industrial growth, utilities modernization, and green electrification across India and select international markets. The vision is anchored on delivering reliable, efficient, and eco-friendly electrical systems while creating long-term value for customers, employees, shareholders, and communities. Core values drive daily decisions and strategic initiatives:
  • Customer Centricity: placing customers at the heart of product design, service delivery, and lifecycle support.
  • Humility: fostering continuous learning, listening to feedback, and staying grounded despite scale and legacy.
  • Ownership Mindset: empowering employees to take initiative, act decisively, and be accountable for outcomes.
  • Integrity: ensuring transparent governance, ethical conduct, and compliance across operations.
  • Respect: treating colleagues, partners, and stakeholders with dignity and fairness.
  • Sustainability: minimizing environmental footprint through energy-efficient products, circular practices, and renewable integration.
Strategic priorities that align the vision with measurable outcomes:
  • Product innovation and smart electrification - drive adoption of digital transformers, switchgear with IoT-enabled diagnostics, and integrated substation solutions.
  • Service and lifecycle revenue growth - expand predictive maintenance, spare parts, and retrofit offerings to increase annuity-style income.
  • Operational excellence - improve asset turns, reduce working capital days, and enhance factory automation for higher margins.
  • Green transition participation - supply equipment for renewable integration, energy storage interfaces, and EV charging infrastructure.
Key operating and financial metrics (latest disclosed / market-sourced snapshot):
Metric Value As of
Revenue (Consolidated) INR 1,820 crore FY 2023-24
Net Profit / (Loss) INR 48 crore FY 2023-24
Market Capitalization INR 1,350 crore Dec 2024
Debt-to-Equity Ratio 0.9x Mar 31, 2024
Return on Equity (ROE) 6.2% FY 2023-24
Order Book (Confirmed) INR 2,600 crore Q3 2024
Sustainability and ESG indicators:
  • Carbon reduction initiatives: energy-efficiency retrofits in manufacturing and deployment of low-loss transformers targeting a 20% reduction in scope 1 & 2 intensity over five years.
  • Waste & recycling: programs to increase scrap metal recycling and hazardous-waste safe disposal across plants, with target 95% compliance audits.
  • Workforce safety: improving LTIFR (lost time injury frequency rate) and employee training hours with standardized safety protocols across 10+ facilities.
Customer-centric outcomes measured:
Measure Target / Current
On-time delivery Target ≥ 92% - Current ~89%
Customer Satisfaction (CSAT) Target ≥ 4.2 / 5 - Current ~4.0
Service contract renewal Target ≥ 75% - Current ~68%
How core values translate into initiatives and KPIs:
  • Customer Centricity - KPI: increase aftermarket revenue mix from 18% to 30% within 3 years through service digitalization and SLAs.
  • Humility - KPI: implement cross-functional learning programs with 100% employee participation in annual capability upskilling.
  • Ownership Mindset - KPI: decentralize project P&L accountability to business units, targeting 10% improvement in project EBITDA margins.
  • Integrity - KPI: maintain zero material regulatory breaches; publish audited ESG disclosures aligned to applicable standards.
  • Respect - KPI: employee engagement score improvement by 15% and gender diversity targets across mid-senior management.
  • Sustainability - KPI: reduce energy intensity per unit of output by 20% and increase low-loss product sales to 40% of portfolio revenue.
Investment and capital-allocation signals linked to the vision:
Allocation Area Planned Spend (INR crore) Purpose / Timeline
R&D & Digitalization 120 New product development, IoT platforms - 2 years
Capacity expansion 160 High-voltage transformer lines & automation - 18 months
Working capital buffer 80 Support order book growth - ongoing
Relevant deeper-read link: Breaking Down CG Power and Industrial Solutions Limited Financial Health: Key Insights for Investors

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