Guidance ledger · Q4 FY26

CG Power and Industrial Solutions CGPOWER

3 revisions on record · 0 lowered · 3 raised — the strikethrough is what management used to say

mixed guidance posture · held across quarters

Holding view → · latest concall · The pulse

↑ raised Transformer capacity Q1 FY26 → Q4 FY26

~~~20,000 MVA existing plant, targeting 40,000 MVA by September~~ → ~1,10,000 MVA total by end of CY2026 across Gwalior + Bhopal brownfields + greenfield

“existing p lant getting up to 40,000 MVA capacity that we had already mentioned. So by September, we will be up and running to that , from current approximately 20,000 MVA”

↑ raised Axiro FY26 revenue guidance Q2 FY26 → Q4 FY26

~~~$50 million / ~INR 450 crores~~ → ~$65 million / ~INR 500 crores (actual delivered)

“for Axiro, which is our subsidiary, I think they should do approximately $50 million”

↑ raised Power Systems unexecuted order backlog Q1 FY26 → Q4 FY26

~~INR 9,051 crores (+97% YoY) at end of Q1FY26~~ → INR 12,644 crores (+91% YoY) at end of Q4FY26

“unexecuted order backlog as of 30 June 2025 was at INR 9,051 crores, which is 97% up year-over-year”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.