This consumer durable stock surged approximately by 8 percent after it announced robust financials and announced its foray into the solar rooftop segment. In this article, we will look at the details.
With a market capitalisation of 22,623 crores, the shares of Crompton Greaves Consumer Electricals Ltd are currently trading at Rs 351 per share, down by 27.5 percent from its 52-week high of Rs 484 per share. Over the last five years, the stock has delivered a return of 69 percent.
Financial Highlights
Crompton Greaves Consumer Electricals reported a consolidated revenue of Rs 7,864 crores in FY25, up 7.52 percent from Rs 7,313 crores in FY24. Additionally, on a year-on-year basis, revenue grew 5.10 percent to Rs 2,061 crores in Q4 FY25 from Rs 1,961 crores in Q4 FY24. On a quarterly basis, revenue increased by 16.50 percent from Rs 1,769 crores.
It reported a net profit of Rs 564 crores in FY25, up 27.60 percent from Rs 442 crores in FY24. On a year-on-year basis, net profit rose 29.32 percent to Rs 172 crores in Q4 FY25 from Rs 133 crores in Q4 FY24. On a quarterly basis, net profit increased by 53.57 percent from Rs 112 crores.
Additionally, it recommended a dividend of Rs 3 per share on a face value of Rs 2 (150 percent), subject to the approval by the board. If approved at the AGM will be paid on or after Friday, August 8, 2025, but within 30 days from the date of the AGM
Its ECD segment contributed the most in the topline, being Rs 6,010 crore, followed by Lighting segment with Rs 1,020 crores and butterfly segment with Rs 833 crores.
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Analyst Statement
Leading brokerage firm Nuvama Institutional Equities cited that Crompton’s entry into the solar rooftop segment would pave its way to tap into the future which has a TAM (Total Addressable Market) of Rs 20,000 crores, accounting for 20–22 percent of its existing TAM.
It also plans to invest Rs 350 crore in a greenfield facility over the next 2-3 years, in which it will begin with fan manufacturing at phase one. These made the brokerage to maintain its price target of Rs 460 per share, signalling an upside of 31 percent.
About the company
Crompton Greaves Consumer Electricals Limited is an Indian firm that produces and sells a broad spectrum of consumer electrical products. Its products range from fans to household and farm pumps, air and water heaters, air coolers, kitchen devices, and irons. It also deals in a range of LED and traditional light fittings including bulbs, battens, lamps, and ceiling lights for domestic and commercial use.
Written by Satyajeet Mukherjee
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