Crompton Greaves Consumer Electricals Ltd
Crompton Greaves Consumer Electricals Limited is one of the leading consumer companies in India with a 75+ years old brand legacy. It is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. We market our products under the “Crompton” brand name in India and select export markets. [1]
- Market Cap ₹ 26,337 Cr.
- Current Price ₹ 409
- High / Low ₹ 484 / 261
- Stock P/E 53.2
- Book Value ₹ 48.3
- Dividend Yield 0.73 %
- ROCE 15.8 %
- ROE 15.6 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 37.5%
Cons
- Stock is trading at 8.47 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Electric Equipment
Part of BSE 400 MidSmallCap Index Nifty500 Multicap India Manufacturing 50:30:20 BSE 500 Nifty Total Market Nifty 500 Multicap 50:25:25
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
4,080 | 4,479 | 4,520 | 4,804 | 5,394 | 6,870 | 7,313 | 7,687 | |
3,549 | 3,895 | 3,921 | 4,083 | 4,625 | 6,099 | 6,599 | 6,898 | |
Operating Profit | 531 | 584 | 599 | 720 | 769 | 770 | 714 | 789 |
OPM % | 13% | 13% | 13% | 15% | 14% | 11% | 10% | 10% |
31 | 48 | 59 | 76 | 60 | 67 | 67 | 74 | |
Interest | 64 | 60 | 41 | 43 | 35 | 109 | 79 | 65 |
Depreciation | 13 | 13 | 27 | 30 | 42 | 116 | 129 | 143 |
Profit before tax | 485 | 560 | 591 | 724 | 752 | 612 | 573 | 656 |
Tax % | 33% | 28% | 16% | 15% | 23% | 22% | 23% | |
324 | 401 | 496 | 617 | 578 | 476 | 442 | 499 | |
EPS in Rs | 5.17 | 6.40 | 7.91 | 9.82 | 9.13 | 7.28 | 6.84 | 7.79 |
Dividend Payout % | 34% | 31% | 0% | 56% | 27% | 41% | 44% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 15% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | -10% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | -1% |
1 Year: | 39% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 20% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 125 | 125 | 125 | 126 | 127 | 127 | 129 | 129 |
Reserves | 664 | 972 | 1,343 | 1,806 | 2,326 | 2,533 | 2,871 | 2,979 |
649 | 649 | 350 | 518 | 1,686 | 1,005 | 683 | 488 | |
987 | 923 | 934 | 1,148 | 2,310 | 1,989 | 2,399 | 2,122 | |
Total Liabilities | 2,425 | 2,670 | 2,752 | 3,597 | 6,449 | 5,654 | 6,082 | 5,717 |
862 | 863 | 909 | 915 | 3,273 | 3,250 | 3,197 | 3,310 | |
CWIP | 1 | 1 | 20 | 11 | 13 | 27 | 58 | 31 |
Investments | 368 | 541 | 541 | 770 | 624 | 548 | 689 | 494 |
1,195 | 1,264 | 1,282 | 1,902 | 2,538 | 1,830 | 2,137 | 1,882 | |
Total Assets | 2,425 | 2,670 | 2,752 | 3,597 | 6,449 | 5,654 | 6,082 | 5,717 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
315 | 299 | 411 | 830 | 736 | 553 | 843 | |
-33 | -168 | 9 | -496 | -1,736 | 263 | -207 | |
-175 | -186 | -513 | -96 | 907 | -911 | -541 | |
Net Cash Flow | 107 | -56 | -93 | 238 | -92 | -95 | 95 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 50 | 46 | 37 | 35 | 40 | 36 | 36 |
Inventory Days | 40 | 42 | 55 | 58 | 71 | 58 | 61 |
Days Payable | 100 | 79 | 77 | 92 | 100 | 81 | 96 |
Cash Conversion Cycle | -11 | 9 | 16 | 1 | 12 | 13 | 1 |
Working Capital Days | -2 | -14 | 6 | -1 | 9 | 11 | 1 |
ROCE % | 39% | 35% | 35% | 22% | 16% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
29m - Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Intimation of Schedule of Analysts/ Institutional Investor Meeting
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
29 Nov - Of Allotment of shares under the Employee Stock Option Plan 2019 (ESOP 2019)
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
29 Nov - Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Intimation of Schedule of Analysts/ Institutional Investor Meeting
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
29 Nov - Disclosure of consumer dispute resolution and compensation order.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
27 Nov - Compensation granted by Labour Court, no material impact.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Crompton 2.0[1]
The company is revamping itself since June 2023. The company spent ~92 crs. on advertising and promotion in Q2&Q3FY24.
In Crompton 2.0 company is targeting :
1 Premiumization
2 GTM excellence
3 Brand Investments
4 Innovation