CROMPTONNSEQ1 FY26August 07, 2025

Crompton Greaves Consumer Electricals Limited

4,862words
5turns
0analyst exchanges
0executives
Key numbers — 40 extracted
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: 62/202
11%
ad of industry across categories; Market share improvement YoY Peers (Q1 FY26 ECD Revenue Gr) -11%1 High Growth Categories Our (Q1 FY26 ECD Revenue Gr) -8% Back to Growth Categories Seasona
8%
Peers (Q1 FY26 ECD Revenue Gr) -11%1 High Growth Categories Our (Q1 FY26 ECD Revenue Gr) -8% Back to Growth Categories Seasonal Categories Industry growth rate (Q1 FY26 YoY)2 Our Revenue
6.8%
Plan Solar pumps SDA Lighting (B2C & B2B) Butterfly TPW Resi & Agri pumps Air coolers NA 6.8%3 -5.0%4 MG: 1% PC: 5% GS: 5% 2 MG: PC: GS: Overall MG: PC: GS: -35.9% -17.6% -
5.0%
olar pumps SDA Lighting (B2C & B2B) Butterfly TPW Resi & Agri pumps Air coolers NA 6.8%3 -5.0%4 MG: 1% PC: 5% GS: 5% 2 MG: PC: GS: Overall MG: PC: GS: -35.9% -17.6% -46.9% R
1%
SDA Lighting (B2C & B2B) Butterfly TPW Resi & Agri pumps Air coolers NA 6.8%3 -5.0%4 MG: 1% PC: 5% GS: 5% 2 MG: PC: GS: Overall MG: PC: GS: -35.9% -17.6% -46.9% Resi: Ag
5%
ghting (B2C & B2B) Butterfly TPW Resi & Agri pumps Air coolers NA 6.8%3 -5.0%4 MG: 1% PC: 5% GS: 5% 2 MG: PC: GS: Overall MG: PC: GS: -35.9% -17.6% -46.9% Resi: Agri: •
35.9%
oolers NA 6.8%3 -5.0%4 MG: 1% PC: 5% GS: 5% 2 MG: PC: GS: Overall MG: PC: GS: -35.9% -17.6% -46.9% Resi: Agri: • • Solar Pumps: Enhance backend and execution capabilities SDA
17.6%
NA 6.8%3 -5.0%4 MG: 1% PC: 5% GS: 5% 2 MG: PC: GS: Overall MG: PC: GS: -35.9% -17.6% -46.9% Resi: Agri: • • Solar Pumps: Enhance backend and execution capabilities SDA: Maximi
46.9%
3 -5.0%4 MG: 1% PC: 5% GS: 5% 2 MG: PC: GS: Overall MG: PC: GS: -35.9% -17.6% -46.9% Resi: Agri: • • Solar Pumps: Enhance backend and execution capabilities SDA: Maximize festi
10.4%
les Standalone revenue (Rs. Cr) 1,959 Q1 FY25 Standalone EBIT (Rs. Cr) & EBIT Margin % 203 10.4% Q1 FY25 Standalone PAT (Rs. Cr) 158 Q1 FY25 1,819 Q1 FY26 155 8.5% Q1 FY26 125 Q1 FY
8.5%
EBIT Margin % 203 10.4% Q1 FY25 Standalone PAT (Rs. Cr) 158 Q1 FY25 1,819 Q1 FY26 155 8.5% Q1 FY26 125 Q1 FY26 • Muted performance primarily due to weather- related disruptions impacti
Guidance — 13 items
Agri
opening
As per Q1 FY26 results of direct comparable peers; 2.
Agri
opening
Cr) & EBIT Margin % 203 10.4% Q1 FY25 Standalone PAT (Rs.
Agri
opening
Cr) 158 Q1 FY25 1,819 Q1 FY26 155 8.5% Q1 FY26 125 Q1 FY26 • Muted performance primarily due to weather- related disruptions impacting seasonal product sales • Revenue for the quarter stood at Rs.
Agri
opening
125 Cr Note: Standalone Financials; 6 Q1 Highlights (Standalone): Seasonal products witnessed weak demand, impacting ECD business; Lighting business continues to hold steady Q1 FY26 ECD revenue stood at Rs.
Agri
opening
1,586 Cr; EBIT margin at 13.3% Q1 FY26 Lighting revenue stood at Rs.
Agri
opening
Cr) 1,727 1,586 233 232 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 ECD EBIT (Rs.
Agri
opening
Cr) & EBIT Margin 259 15.0% 212 13.3% 21 8.9% 29 12.6% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Note: Standalone Financials 7 Crompton 2.0: Key tenets to drive future growth Crompton 1.0 Crompton 2.0 Enabled & empowered organization Consumer need led innovation Pole position in core categories Premiumization of the portfolio XXXX Successful foray into the kitchen Supply chain excellence (quality, cost) Innovation capability built GTM excellence (trade & alt.
Agri
opening
Cr) 1,727 1,586 Q1 FY25 Q1 FY26 EBIT (Rs.
Agri
opening
Cr) 259 212 Q1 FY25 Q1 FY26 1 2 3 4 Fans: Overall performance faced demand challenges due to truncated summer  New premium launches such as Fluido, Niteo and Nucleoid well received  Sales impacted due to decline in TPW category  Industrial fans, air circulators and heavy-duty exhausts, emerged as growth levers Pumps: Growth driven by solar pumps o Residential and agricultural segments witnessed headwinds due to unseasonal rains; delayed govt.
Agri
opening
Cr) 1 Stable top-line performance, despite continued pricing measures B2B segment: 233 232 o Achieved double-digit volume growth led by strong performance in Commercial, Flood, and High Mast & Poles categories o Secured several large wins in the industrial segment, contributing to overall momentum Q1 FY25 Q1 FY26 B2C segment: EBIT (Rs.
Advertisement
Risks & concerns — 3 flagged
125 Cr Note: Standalone Financials; 6 Q1 Highlights (Standalone): Seasonal products witnessed weak demand, impacting ECD business; Lighting business continues to hold steady Q1 FY26 ECD revenue stood at Rs.
Agri
1,819 Cr, mainly due to weather related disruptions impacting demand Weak demand for seasonal products impacted ECD, with revenue at Rs.
Agri
Cr) 259 212 Q1 FY25 Q1 FY26 1 2 3 4 Fans: Overall performance faced demand challenges due to truncated summer  New premium launches such as Fluido, Niteo and Nucleoid well received  Sales impacted due to decline in TPW category  Industrial fans, air circulators and heavy-duty exhausts, emerged as growth levers Pumps: Growth driven by solar pumps o Residential and agricultural segments witnessed headwinds due to unseasonal rains; delayed govt.
Agri
Speaking time
Agri
1
Symbolism
1
Large domestic appliances
1
Registered Office
1
Company
1
Advertisement
Opening remarks
Agri
• • Solar Pumps: Enhance backend and execution capabilities SDA: Maximize festive momentum and enhance E-com reach • • Lighting: New adjacencies launched in B2C; E-com focus intensified Butterfly: Scaled up trade with new National Head; refreshed brand positioning and introduced 40+ SKUs under Idea First Series • Erratic weather has disrupted seasonal product demand, prompting a shift towards inventory optimisation Higher than industry Impacted less than industry Note: 1. As per Q1 FY26 results of direct comparable peers; 2. Industry size is calculated based on market share and Crompton actual revenue figures; 3. Represents Mixer Grinders in SDA segment; 4. For LED Lights; 5. Based on market share 5 Q1 Highlights (Standalone): Shortened summer and early arrival of monsoons disrupted peak summer sales Standalone revenue (Rs. Cr) 1,959 Q1 FY25 Standalone EBIT (Rs. Cr) & EBIT Margin % 203 10.4% Q1 FY25 Standalone PAT (Rs. Cr) 158 Q1 FY25 1,819 Q1 FY26 155 8.5% Q1 FY26 125 Q1 FY26 • Muted
Symbolism
o Personal - individuality & identity o Actionable - trigger for transformation o Unique - every customer is different 24 Idea First Series New product range with innovation in every detail Butterfly’s Idea First Series embodies its philosophy: ‘Celebrating Change’ Launch of 40+ SKUs, these products are not just appliances, they are thoughtful responses to evolving kitchen lifestyles Idea First Series: New Product Range Gas Stoves Mixer Grinders Wet Grinders Pressure Cooker Xyra- Aeroline Ziera Series Elektra UniCurve Triply PC • Improved design with • 3D flex arm for high torque and • First-in-industry 3-star energy rating gas stove and wind-proof pan support • Patented burner and pan support lock • Extra-wide glass top for larger vessels • Rust-resistant, premium coated frame enhanced jars for 95% grinding efficiency o Fingerprint resistant PTFE jars o Crack-resistant tempered jars o FDA approved Tritan jars • Smudge-free matte finish and handcrafted gloss stainless steel jars better
Large domestic appliances
Market leading growth Pumps: Redefine position & increase agri-footprint Win in the Kitchen • Small domestic appliances: Leverage mutual strengths to grow share & reach • Large kitchen appliances: Expand through continued product differentiation Transform Lighting business • Product innovation & positioning • Focused GTM & sales process enhancement • Range expansion across panels & other segments Foray into new segments • Entry in 2-3 attractive whitespaces, in line with overall vision s r a l l i P l s r e b a n E Brand excellence • Invest in consumer awareness, right brand positioning • Brand architecture redefinition Operational excellence • Manufacturing, quality & cost excellence to improve EBITDA and reinvest in growth GTM excellence • Continue expanding reach & diversify into channel whitespaces • Follow the consumer: Omni channel n o i t a d n u o F People & Organization • Autonomy & accountability with BU • Improve speed to market for NPD • Improve employee engagement Digital
Registered Office
Crompton Greaves Consumer Electricals Ltd, Godrej Business District, Plot No. 05, Pirojshanagar, Near Gate No. 2B, LBS Marg, Vikhroli West, Mumbai 400 079 For any query, please write to us at:
Advertisement
← All transcriptsCROMPTON stock page →