loader2
Partner With Us NRI

Crompton Greaves Consumer Electricals Ltd share Price Today

Company details

404.25
419.85
261.25
436.50
6M Return 35.12%
1Y Return 40.92%
Mkt Cap.(Cr) 26,065.13
Volume 5,444,991
Div Yield 0.74%
OI
-
OI Chg %
-
Volume 5,444,991

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Household Appliances company Crompton Greaves Consumer Electricals announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Highest ever quarterly standalone revenue at Rs 1,797 crore (12% YoY growth) and robust EBIT margin of 11.5% (12.3% adj for EPR)
  • Consolidated revenue for the quarter at Rs 1,961 crore and EBIT at Rs 169 crore

FY24 Financial Highlights:

  • Standalone revenue at Rs 6,388 crore (10.0% YoY growth); EBIT margin at 9.8%
  • Strong OCF generation of Rs 796 crore with 130% PBT conversion ratio (vs 72% last year)
  • Consolidated revenue at Rs 7,313 crore; EBIT at Rs 585 crore
  • The Board has recommended a dividend of Rs 3 per share

Commenting on the CGCEL’s performance, Promeet Ghosh, MD & CEO, said, “We launched Crompton 2.0 in June’23 which outlined our renewed focus towards accelerating revenue growth which is progressing well and translating into healthy margins. We delivered strong performance in ECD with double-digit growth for the third consecutive quarter with robust improvement in industry leading EBIT margins. The lighting business is showing signs of stabilization with revenue growth in H2 despite price erosion. We expect the intense summer season and uptick in demand for home & kitchen appliances to support the growth momentum while we continue to investment in growth initiatives.”

Result PDF

View Other Company Results

Crompton Greaves Consumer Electricals Ltd shares SWOT Analysis

Strengths (6)

  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (5)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (1)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (2)

  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)

Resistance and support

R1 415.4
R2 425.4
R3 431.0
Pivot

409.80

S1 399.8
S2 394.2
S3 384.2
EMA SMA
411.8
379.9
349.7
328.3
414.1
372.4
328.9
313.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-05-17 387.01 3230372 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-05-17 387.55 3206972 NSE
SOCIETE GENERALE Block Purchase 2024-01-25 307.7 1519722 BSE
Data not found

OUR RESEARCH VIEW

Investment recommendation
Lighting, fans segment impacts revenue growth…
Call Date
28 Oct 2022
Entry Price 367.00
Target Price 415.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Crompton Greaves Consumer Electricals Ltd Stocks COMPARISON

Financials( in Cr) Crompton Greaves Consumer Electricals Ltd Havells India Ltd Dixon Technologies (India) Ltd Voltas Ltd Blue Star Ltd
Price 405.30 1,822.40 11,971.30 1,472.20 1,634.55
% Change -2.93 -1.64 1.79 -2.05 -0.37
Mcap Cr 26,065.13 114,206.71 71,614.71 48,712.89 33,608.80
Revenue TTM Cr 7,312.81 18,590.01 12,192.01 12,481.21 7,977.32
Net Profit TTM Cr 441.78 1,270.76 255.08 248.11 400.69
PE TTM 59.27 90.33 194.73 193.16 80.95
1 Year Return 40.92 41.33 174.45 93.02 112.75
ROCE 16.94 24.13 23.60 8.40 23.89
ROE 15.61 18.06 22.36 4.40 23.42
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,166.51 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23
Crompton Greaves Consumer Electricals Limited - Updates

Jun 28, 2024 l NSE Announcement

Crompton Greaves Consumer Electricals allots 6,143 equity shares under ESOP

Jun 28, 2024 l BSE Announcement

Crompton Greaves Consumer Electricals Limited - Loss of Share Certificates

Jun 26, 2024 l NSE Announcement

Date Action Type Ratio
Jul 10, 2024 Dividend 150
Jul 07, 2023 Dividend 150
Jul 07, 2022 Dividend 125

Crompton Greaves Consumer Electricals Ltd Information

Stock PE (TTM)
59.27
Promoter Holding
0%
Book Value
49.2286
ROCE
16.94%
ROE
15.61%
Description
  • Crompton Greaves Consumer Electricals Limited is an Indian electrical equipment company that manufactures and distributes a range of consumer electronic items, including fans, pumps, LED lighting, and household appliances such as air coolers, water heaters, mixer grinders, irons, etc. The company was incorporated as a public limited company on 25 February 2015, and its headquarters are located in Mumbai, Maharashtra. As of 20 October 2022, the market capitalisation of the company stood at Rs 24,488 crore.

    The company is listed on the National Stock Exchange (NSE) under the code CROMPTON and the Bombay Stock Exchange (BSE) under the code 539876. The company has also been included in indices BSE 100 and BSE 500.

    Crompton Greaves Consumer Electricals Limited markets its products in India under the brand name Crompton. It also sells its products in certain export markets. As of 31 March 2022, the company’s revenue stood at Rs 53.73 billion, and its employee strength was more than 2,000. For the quarter that ended June 2022, the company reported consolidated sales of Rs 1,862.94 crore with a net profit of Rs 121.01 crore.

    In June 2022, the shareholding pattern of the company reflected a 37.27% stake in the company belonged to foreign institutional investors, a 32.58% stake was invested in mutual funds, a 24.19% stake belonged to retail investors, a 5.94% stake belonged to promoters, and the remaining 0.02% stake belonged to other domestic institutions. Top mutual funds in which the company has invested include HDFC Mid Cap Opportunities Direct Growth Plan, IIFL Focussed Equity Direct Growth Fund, PGIM India Mid Cap Opportunities Direct Growth Fund, and Edelweiss Mid Cap Direct Growth Plan.

    The board of directors of the company comprises Mr Hemant Nerurkar (chairman and independent director), Mr Shantanu Khosla (managing director), Mr Mathew Job (executive director), Mr D Sundaram (independent director), Mr P M Murty (independent director), and Ms Smita Anand (independent director).

    On 20 October 2022, Crompton Greaves Consumer Electricals Limited’s share price was Rs 381.00 per share at the NSE and Rs 381.30 per share at the BSE. Crompton Greaves shares have given a six-month return of 1.92%, and their 52-week low and 52-week high prices are Rs 312.05 and Rs 493.00, respectively.


    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Tower 3 1st Floor East Wing, Equinox Busi Park LBS Marg Kur, Mumbai, Maharashtra, 400070

Tel : 91-022-61678499
Email : crompton.investorrelations:crompton.co.in
Website : http://www.crompton.co.in
Registrar

KFin Techologies Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 539876
NSE Code : CROMPTON
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE299U01018

FAQ’s on Crompton Greaves Consumer Electricals Ltd Shares

You can buy Crompton Greaves Consumer Electricals Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Crompton Greaves Consumer Electricals Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:59 PM the closing price of Crompton Greaves Consumer Electricals Ltd was Rs.405.30.

The latest PE ratio of Crompton Greaves Consumer Electricals Ltd as of Jun 28, 2024 03:59 PM is 59.27

The latest PB ratio of Crompton Greaves Consumer Electricals Ltd as of Jun 28, 2024 03:59 PM is 0.12

The 52-week high of Crompton Greaves Consumer Electricals Ltd share price is Rs. 436.50 while the 52-week low is Rs. 261.25

According to analyst recommendations, Crompton Greaves Consumer Electricals Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 28, 2024 03:59 PM, the market cap of Crompton Greaves Consumer Electricals Ltd stood at Rs. 26,065.13 Cr.

Download App

Download Our App

Play Store App Store
market app