Crompton Greaves Consumer Electricals Ltd
Crompton Greaves Consumer Electricals Ltd (CROMPTON)

Crompton Greaves Consumer Electricals Ltd (CROMPTON)

₹406.60.04%

Key Stats

₹406
Day's Price Range
₹410
₹312
52-Week Price Range
₹503
1 Month Return-0.16 %
3 Month Return16.26 %
1 Year Return-13.46 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 7
41.97
EPS
Rank 10
₹9.69
BVPS
Rank 11
₹38.72
Dividend Yield
Rank 3
1.4%
ROE
Rank 1
27.13%
Price To Book Ratio
Rank 8
10.5
Debt To Asset
Rank 7
0.46

Company Information

Crompton Greaves Consumer Electricals Ltd. CGCEL manufactures and markets a wide spectrum of consumer products ranging from fans lamps and luminaries to pumps and household appliances such as water heaters mixer grinders toasters irons and electric lanterns. It is Indias market leader in fans No. 1 player in residential pumps and has leading market positions in its other product categories. The company has strong dealer base across the country and wide service network offering robust after sales service to its customers. The company has a nationwide network with more than 3000 distributors and over 1 lakh retailers and a strong aftersales support of over 500 service centers. The company sells its products under the Crompton brand. Cromptons portfolio of energyefficient products includes 5 star rated durable lights fans pumps and appliances for home and offices. It has the largest number of 5Star rated energy efficient products. It was the first company to cross sales of a million fans in 1989. It is continually introducing smarter products like super efficient LED bulbs water heaters with the lowest standing costs and patented tank designs made from nanotech based materials. Crompton pumps are the preferred way to fill overhead water tanks in millions of homes. NEOLA is Indias first microchip controlled mixergrinder. Amongst other initiatives Crompton is building Brand stores in India to give consumers a more enjoyable shopping experience and create awareness of the wide range of its products.Crompton Greaves Consumer Electricals Limited CGCEL was formed following demerger consumer electricals business of Crompton Greaves. The consumer products business demerged from Crompton Greaves into a separate company known as Crompton Greaves Consumer Electricals Ltd CGCEL. CGCEL was incorporated as a public limited company on 25 February 2015.In April 2016 Crompton Greaves Consumer Electricals launched innovative and sustained brand campaign. Crompton Greaves Consumer Electricals Limited CGCEL was listed on bourses on 13 May 2016. This completes the demerger process of consumer electricals business of Crompton Greaves. On 24 October 2016 Crompton Greaves Consumer Electricals CGCEL announced the launch of Indias first anti dust ceiling fans. Cromptons anti dust ceiling fans range attracts 50 less dust compared to any regular fan. It includes the use of a nanotechnology based paint which has hydrophobic and oleophobic properties that reduces the incidence of dust and grime on the fan. Also during the month CGCEL introduced lowcost LED lighting.On 1 December 2016 Crompton Greaves Consumer Electricals CGCEL announced that it has teamed up with Gooee the UK based creator of the worlds first fullstack operating platform connecting lighting manufacturers and their customers to the IoT Internet Of Things. Under the terms of the agreement Crompton will become Gooees launch partner in India and will be able to use Gooees innovative new lighting ecosystem to provide additional functionality and value to customer lighting and IoT solutions. With this partnership Crompton unleashes its plan to foray into the world of IoT and connected lighting in big way. All the Gooee features and scalability combined with Cromptons design and execution capability will bring wonderful products and solutions to its customers with exciting features.In September 2017 CGCEL became number 2 lighting company in India as per Q2 September 2018 financials.On 6 November 2017 CGCEL informed stock exchanges that the bid made by the company for the acquisition of the Kenstar Business and Kenstar Brand has expired and the company has not extended the validity of the bid. Earlier on 6 October 2017 CGCEL had informed the stock exchanges that the company has submitted a bid on 20 September 2017 as an Expression of Interest EOI for the acquisition of Kenstar Business and Kenstar Brand. The submission of EOI was in response to the invitation received by the company from Videocon Industries and their affiliates sellers vide bid invitation letter dated 6 September 2017 to participate in the bid process.The company has incorporated two wholly owned subsidiaries namely Pinnacles Lighting Project Pvt Ltd and Nexustar Lighting Project Pvt Ltd on 31 December 2018 and 02 January 2019 respectivelyfor implementation of Greenfield Street Lighting Project in the state of Odisha.Crompton CSR Foundation was incorporated under Section 8 of the Companies Act 2013 being a company limited by guarantee not having share capital on 01 May 2019 primarily with an objective of undertaking/channelising the CSR activities of the Company.Total revenue for the year remained flat as Sales in March 2020 were adversely impacted by the COVID19 disruption and the subsequent lockdown from 23rd March 2020. The Company has resumed production partially in all the plants the other operations are set to resume progressively as and when the Government announces relaxations.
OrganisationCrompton Greaves Consumer Electricals Ltd
HeadquartersMumbai
IndustryCapital Goods - Electrical Equipment