Crompton Greaves Consumer Electricals Limited
2,238words
7turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
16%
27%
8%
24%
2.5x
42%
Rs. 13
Rs. 5
Rs. 26
40%
37%
Speaking time
1
1
1
1
1
1
1
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Opening remarks
Continue to make progress on priority areas
Increasing share of retail Retail continues to be growth driver with 19% growth in Q4 along with healthy improvement in margins New Product 25 new product launches in Q4 across categories helping to drive the retail growth Market Share Held market share across categories amidst tough environment Cost excellence program Building a safe working place Strengthening Capability Implementation of multiple cost optimisation initiatives across direct & indirect costs resulted in Rs 20 Cr. savings in FY 23 Focus on building a safe working environment and compliances has resulted in 0 reportable incidents in Q4 Augmented leadership team across manufacturing, innovation, sales & marketing and HR 1 2 3 4 5 6 Multiple marketing activities in Q4 to strengthen the brand awareness Digital build-up for summer campaigns in Q4 Influencer videos to drive discoverability #SwitchToSave PR meet to launch star rated fans - 30+ media and publication houses attended the event 30+ 70+ Major media and publication
Ceiling Fans
► Roverr – Smart 5 star-rated underlight Fan Anti-dust featuring technology, property and fluidic telescopic design ActivBLDC ► Drift Air – Sturdy Exhaust Fan with metal body and blades
Lamps
► Backup Bulb 15W – Higher wattage introduction with improved battery and product life ► Night Buddy – Indirect Night Lamp Light with USB Turbo Charging ► Rovello – 6W rechargeable table Lamp with 360 degrees twisting and 3 step dimming - Focus, Relax and Night modes
Mixer Grinders
Appl. ► Qube 500W – Range extension in 500W category with motor Vent-X technology & overload protector
Air Coolers
► Cool Breeze – Dessert cooler with modern aesthetics. Comes with everlast pump which works even with hard water and have honeycomb pads and 4-way air direction. ► Optimus Window Cooler – Extension to Optimus series with highest air delivery and wider-angle throw and comes with everlast pump
Residential
Pumps ► Master Dura – Addition in Mini series with anti- jam winding & CED coating ► Ultima Z – Addition in Agro economy segment Crompton Standalone Financial Performance Revenue (in Rs. cr.) EBITDA (in Rs. cr.) PAT (in Rs. cr.) 5,809 5,373 761 671 1,532 1,604 222 196 593 476 182 132 Q4'22 Q4'23 FY'22 FY'23 Q4'22 Q4'23 FY'22 FY'23 Q4'22 Q4'23 FY'22 FY'23 FY 23 includes finance costs of 62 Cr. related to Butterfly acquisition ▪ Strong demand pickup in ECD from Feb led by Pumps and Appliances ▪ ECD margins driven by margin and mix improvement in Pumps and Appliances ▪ Lighting margins improved significantly v/s Q4 LY ▪ Stepped up investments in A&P (3.9% spend in Q4 v/s 2.0% LY) ▪ EBITDA for the quarter stood at 12.2% and PAT stood at Rs. 476 Cr. Crompton Standalone Segment Performance Segment Revenue Q4 FY23 Q4 FY22 Y-o-Y FY23 FY 22 Y-o-Y ECD Lighting Total 1,326 1,231 278 301 1,604 1,532 8% -8% 5% 4,755 4,311 10% 1,054 1,062 5,809 5,373 -1% 8% Segment EBIT Q4 FY23 Q4 FY22 Y-o-Y 218 228
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