CROMPTONNSEQ2 FY26November 06, 2025

Crompton Greaves Consumer Electricals Limited

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Key numbers — 40 extracted
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ed (“BSE”) To, , nd Floor, New Trading Ring, Corporate Relationship Department, 2 P.J. Towers, Dalal Street, Mumbai – 400 001. BSE Scrip Code: 539876 ISIN: INE299U01018 Our Reference: 113/202
Rs.30
Stellar debut with rapid acceleration Large and growing market: Solar Pumps market estimated at Rs.30–35K Cr, backed by PM KUSUM Schemes and other GOI initiatives • Large and growing market: Solar
Rs. 20
Schemes and other GOI initiatives • Large and growing market: Solar rooftop market estimated at Rs. 20–25K Cr, growing at 20%+ CAGR; Supported by government target of installing 40 GW by 2027 Presenc
20%
iatives • Large and growing market: Solar rooftop market estimated at Rs. 20–25K Cr, growing at 20%+ CAGR; Supported by government target of installing 40 GW by 2027 Presence across 4 states: Mahar
40 GW
et estimated at Rs. 20–25K Cr, growing at 20%+ CAGR; Supported by government target of installing 40 GW by 2027 Presence across 4 states: Maharashtra, Rajasthan, Haryana, Madhya Pradesh • Announced fo
Rs. 372
Solar Rooftop business earlier this year Proven execution capabilities: ➢ Executed orders worth Rs. 372 Cr ➢ Installed ~60 MW solar pumps till date ➢ Installed 12,000+ units of solar pumps till date
60 MW
earlier this year Proven execution capabilities: ➢ Executed orders worth Rs. 372 Cr ➢ Installed ~60 MW solar pumps till date ➢ Installed 12,000+ units of solar pumps till date • Sharp ramp-up to
Rs. 500
Installed 12,000+ units of solar pumps till date • Sharp ramp-up to in order book aggregating ~Rs. 500 Cr and ~50,000 solar units ➢ Received 1st Order of Rs. 52 Cr in Telangana in Oct’25 and largest-e
Rs. 52
ramp-up to in order book aggregating ~Rs. 500 Cr and ~50,000 solar units ➢ Received 1st Order of Rs. 52 Cr in Telangana in Oct’25 and largest-ever order of Rs. 445 Cr in Andhra Pradesh ➢ Execution expe
Rs. 445
0 solar units ➢ Received 1st Order of Rs. 52 Cr in Telangana in Oct’25 and largest-ever order of Rs. 445 Cr in Andhra Pradesh ➢ Execution expected in 6-12 months ➢ These orders are expected to provide
Rs.2,000
Sales Network Dedicated service centres Emerging as a new growth engine with revenue expected at ~Rs.2,000 Cr within next 18-24 months 3 Q2 Highlights (Consolidated): Extended monsoon continues to play dam
8.3%
(Rs. Cr) & EBIT Margin % Q2 Financial Highlights • Broadly stable revenue YoY • EBITDA margin at 8.3%, lower YoY due to subdued sales, continued A&P spends and higher operating expenses to support gr
Guidance — 9 items
Proven execution capabilities
opening
Cr) 1,896 1,916 4,034 3,914 Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 Consolidated EBIT (Rs.
Proven execution capabilities
opening
Cr) & EBIT Margin % Q2 Financial Highlights • Broadly stable revenue YoY • EBITDA margin at 8.3%, lower YoY due to subdued sales, continued A&P spends and higher operating expenses to support growth initiatives • PBT* at Rs.123 Cr, with PBT margin* at 6.4% 165 8.7% 114 6.0% 361 8.9% 267 6.8% Q2 Operational Highlights Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 Consolidated PBT (Rs.
Proven execution capabilities
opening
Cr) 171 123 374 289 Q2 FY25 Q2 FY26* H1 FY25 H1 FY26* • In Oct’25, solar rooftop secured its 1st ever order of 52 Cr, followed by its largest-ever solar rooftop order of Rs.
Proven execution capabilities
opening
Cr) 1,393 1,371 3,119 2,957 Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 Consolidated ECD EBIT (Rs.
Proven execution capabilities
opening
Cr) & Margin % 206 14.8% 145 10.6% 465 14.9% 357 12.1% Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 1 Fans ▪ Prolonged monsoons continue to impact fans, however some recovery was seen vs Q1; segment saw single-digit de-growth YoY ▪ Strong traction in BLDC segment, supported by E-com ▪ Margin contraction due to increase in commodity price coupled with operating leverage.
Proven execution capabilities
opening
Cr) 1 Volume rebounding to high-teens growth YoY, signaling demand and early signs of price stability; Revenue growth at 3.1% YoY 253 261 486 494 2 B2B Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 Consolidated Lighting EBIT (Rs.
Proven execution capabilities
opening
293 Cr, up 14% YoY 293 480 258 440 Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 EBIT (Rs.
Proven execution capabilities
opening
Net Profit* as a % of Net Sales 29.0% -35.3% 1.8% 2.4% 10.6% -27.9% Q2 FY26 Q2 FY25 Y-o-Y -0.8% 1,632 1.5% 1,137 494 -5.8% 30.3% 135 59 170 130 8.0% 27 103 6.3% 5 16 20 94 5.8% 114 7.0% 24 70 4.3% 85 5.2% 1,645 1,121 525 31.9% 133 58 154 180 11.0% 21 160 9.7% 11 16 - 165 10.0% 165 10.0% 41 123 7.5% 123 7.5% -42.0% -43.1% -55.0% 2.4% -30.5% -42.8% -30.8% 17.3% -33.4% 4.3% -6.8% 4.9% -23.6% -5.7% -24.1% 2.3% -26.9% -10.3% 3,450 2,391 -9.3% -12.5% 1,060 Rs.
Proven execution capabilities
opening
Net Profit * as a % of Net Sales Q2 FY26 1,916 1,311 605 31.6% 165 82 200 158 8.3% 44 114 6.0% 5 13 20 102 5.3% 123 6.4% 27 75 3.9% 91 4.7% Q2 FY25 1,896 1,276 621 32.7% 160 76 182 204 10.7% 38 165 8.7% 12 17 - 171 9.0% 171 9.0% 43 128 6.8% 128 6.8% Basic EPS## 1.11 1.94 Note: # Baroda plant restructuring costs of Rs.
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Risks & concerns — 2 flagged
Durogrand Plus - 750 W food processor First time for Crompton , In- House design Toro 56” Antidust, HighSpeed, Deco Aesthetics, sweep extension Arno Neo Insta 3L Instant Hot water with 3kW Heating Element Rust-Proof Outer Body 3-Level Safety: Thermostat, Thermal Cut-out, Pressure Premium exhaust fan LED Tile Cutting-edge lighting solution designed to deliver exceptional brightness, energy efficiency, and long-lasting performance for modern commercial and residential spaces.
Proven execution capabilities
1,632 Cr, reflecting resilient performance despite the impact of prolonged monsoons ▪ Rising commodity prices, led to 160 bps YoY contraction in material margin ▪ Strategic investments in talent and brand- building (A&P) continued in line with the company’s long-term growth priorities ▪ EBITDA margin stood at 8.0% ▪ Adj.
Proven execution capabilities
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Proven execution capabilities
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Opening remarks
Proven execution capabilities
➢ Executed orders worth Rs. 372 Cr ➢ Installed ~60 MW solar pumps till date ➢ Installed 12,000+ units of solar pumps till date • Sharp ramp-up to in order book aggregating ~Rs. 500 Cr and ~50,000 solar units ➢ Received 1st Order of Rs. 52 Cr in Telangana in Oct’25 and largest-ever order of Rs. 445 Cr in Andhra Pradesh ➢ Execution expected in 6-12 months ➢ These orders are expected to provide significant fillip to our direct to consume business Strengthening Execution Capabilities Design & Engineering Dedicated team to develop products as per MNRE norms Procurement & QA Diligent vendor selection and well-defined quality norms Inspection & Audit Multi-stage audit process and centralized monitoring Strategic Partnerships Long term partners, efficient monitoring of sites via RMS Extensive Distribution & After Sales Network Dedicated service centres Emerging as a new growth engine with revenue expected at ~Rs.2,000 Cr within next 18-24 months 3 Q2 Highlights (Consolidated): Extended monsoon
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 Thank you For any query, please write to us at:
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