Crompton Greaves Consumer Electricals Limited

rs,

, BSE Limited (“BSE”), Corporate Relationship Department, 2nd Floor, New Trading Ring, P.J. Towers, Dalal Street, Mumbai – 400 001. BSE Scrip Code: 539876 ISIN: INE299U01018 Our Reference: 133/20

7.5%

al Performance Segment Performance Key Highlights of Q3 CGCEL Consolidated Q3 revenue growth is 7.5% and YTD Dec is 32% 1 2 3 4 5 6 The slow growth momentum of September continued in Q3 as the

32%

ent Performance Key Highlights of Q3 CGCEL Consolidated Q3 revenue growth is 7.5% and YTD Dec is 32% 1 2 3 4 5 6 The slow growth momentum of September continued in Q3 as the consumer demand rem

13%

ans’ to new BEE norms created an unstable and deferred primary demand. Appliances business grew by 13% driven by growth in mixer grinders, geysers and other small appliances Alternate channels delivere

45%

n mixer grinders, geysers and other small appliances Alternate channels delivered robust growth of 45% with increasing contribution to overall revenue (15% revenue contribution in Q3) BEE Transition -

15%

Alternate channels delivered robust growth of 45% with increasing contribution to overall revenue (15% revenue contribution in Q3) BEE Transition - Fans business transitioned smoothly to new BEE norms

100%

nue contribution in Q3) BEE Transition - Fans business transitioned smoothly to new BEE norms with 100% readiness on design and approvals and almost NIL impact of non-BEE compliant inventory. The plan

2%

to further improve the cost structure with scale. Improvement in reach expansion – ND improved by 2% each in Water Heaters, LED Panels and LED Bulbs Built-In Kitchen Appliances ▪ Business clocked re

Rs. 6.5

Water Heaters, LED Panels and LED Bulbs Built-In Kitchen Appliances ▪ Business clocked revenue of Rs. 6.5 Cr. in Q3 and Rs. 14 Cr. YTD Dec. ▪ 40 brand stores (Signature Studios + Exclusives Stores) opened

Rs. 14

els and LED Bulbs Built-In Kitchen Appliances ▪ Business clocked revenue of Rs. 6.5 Cr. in Q3 and Rs. 14 Cr. YTD Dec. ▪ 40 brand stores (Signature Studios + Exclusives Stores) opened across 10 cities Key

1%

+ Exclusives Stores) opened across 10 cities Key Highlights of Q3 Butterfly Q3 revenue growth is 1% and YTD Dec is 13% Continue to make progress on priority areas: 1 2 3 4 5 6 Increasing sha

19%

e in channel mix in favour of retail has resulted in increasing share of retail business (YTD Dec ~19% GoLY) New Product With continued focus on refreshing the portfolio, the share of business from ne

Continue to make progress on priority areas

1

Ceiling Fans

1

Residential

1

Batten

1

Water Heater

1

Registered Office

1

Continue to make progress on priority areas

1 2 3 4 5 6 Increasing share of retail Strategic choice of change in channel mix in favour of retail has resulted in increasing share of retail business (YTD Dec ~19% GoLY) New Product With continued focus on refreshing the portfolio, the share of business from new products has increased significantly in Q3 (14% contribution to total sales) Cost excellence program Brand Awareness Building a safe working place Strengthening Capability Multiple process excellence initiatives have been undertaken to reduce costs and smoothen operations Structured ATL and BTL campaigns have resulted into achievement of the targeted SOVs Various initiatives on health and safety have resulted into significant reduction in safety incidents Capabilities have been strengthened through key positions hiring and driving L&D programs Key Highlights of Q3 Revenue Margins Channel ECD Performance ▪ Transition of Fans business to the new BEE norms impacted all segments in Q3 ▪ Appliances delivered consistent growth wit

Ceiling Fans

► Energion Groove with Wood finish – High speed 5 Star Energy Efficient BLDC Fan Mixer Grinders Appl. ► Questa Royal – 750W mixer with motor Vent-X technology and overload protector Pumps

Water Heater

► Amica Classic – High quality coated tank with quick heating and nano polybond technology Others ► BlendServe – 300W hand blender with silent DC motor with detachable stem ► Nouris Pro – Mechanical Air Fryer with super Helix Heating element for quick frying CGCEL Standalone Financial Performance Revenue (in Rs. cr.) EBITDA (in Rs. cr.) PAT (in Rs. cr.) 4,205 3,841 1,410 1,266 539 475 202 130 412 344 148 84 Q3'22 Q3'23 YTD'22 YTD'23 Q3'22 Q3'23 YTD'22 YTD'23 Q3'22 Q3'23 YTD'22 YTD'23 ▪ Q3 revenue declined by 10% vs LY due to the continued slowdown in Q3, impact of affected festive demand and the BEE transition ▪ EBITDA for the quarter stood at 10.4% and PAT at 6.7% ▪ Investments in A&P, capability building for New Business, R&D, Manufacturing excellence and alternate channels continued CGCEL Standalone Segment Performance Segment Revenue Q3 FY23 Q3 FY22 Y-o-Y YTD Dec 22 Y-o-Y ECD Lighting Total 1,020 1,099 246 311 -7% -21% 3,430 776 1,266 1,410 -10% 4,205 11% 2% 9% Segment EBIT Q3 FY23

Registered Office

Limited, Crompton Greaves Consumer Equinox Business Park, 1st Floor, Tower 3, LBS Marg, Kurla (W), Mumbai - 400070, Maharashtra, India Electricals +91 22 6167 8499 For any query, please write us at: crompton.investorrelations@crompton.co.in Connect with us on www.crompton.co.in