Crompt.Greaves Cons.

₹275.8 -5.4 | 1.9%

WEBSITE BSE:539876 NSE : CROMPTON 09 Jun, 14:17

Market Cap ₹17645 Cr.

Stock P/E 37.8

P/B 6.6

Current Price ₹275.8

Book Value ₹ 41.9

Face Value 2

52W High ₹428.8

Dividend Yield 1.09%

52W Low ₹ 251.3

Edit Ratio

Crompt.Greaves Cons. Research see more...

Overview Inc. Year: 2015Industry: Consumer Durables - Domestic Appliances

Crompton Greaves Consumer Electricals Ltd manufactures and markets a range of customer merchandise. The Company manufactures and markets a number of consumer merchandise, ranging from fans, lamps and luminaries to pumps and household home equipment along with water heaters, coolers, mixer grinders and irons. It operates thru 2 segments: Lighting Products and Electrical Consumer Durables. Its Lighting Products section contains luminaires and light sources. Its Electrical Consumer Durables section contains fans, appliances and pumps. It offers ceiling fans, table fans, pedestal fans, wall mounted fans, domestic exhaust fans, unique fans and personal fans. It gives lighting merchandise, which include lamps, customer luminaires, solar and lighting automation. Its family appliances include geysers, mixer grinders, toasters and irons. Its pumps are classified into business, agricultural and home pumps, and gives surface pumps, submersible pumps, accessories and pumping systems.

Crompt.Greaves Cons. Share Price

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Crompt.Greaves Cons. Quarterly Results

#(Fig in Cr.)	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Net Sales	1348	1522	1050	1385	1411	1548	1863	1700	1516	1791
Other Income	20	21	20	17	14	22	10	18	21	17
Total Income	1368	1543	1070	1402	1425	1570	1873	1718	1538	1808
Total Expenditure	1148	1294	925	1171	1209	1319	1643	1506	1364	1580
Operating Profit	220	249	145	231	216	251	230	211	174	228
Interest	11	10	10	8	7	11	23	30	29	27
Depreciation	7	7	8	10	10	14	28	28	30	30
Exceptional Income / Expenses	0	0	0	0	0	-13	-6	0	0	0
Profit Before Tax	203	231	127	213	199	213	174	153	115	170
Provision for Tax	51	-18	32	54	50	36	48	23	26	39
Profit After Tax	151	249	95	159	148	177	126	131	88	132
Adjustments	0	0	0	0	0	0	-5	-5	-3	-0
Profit After Adjustments	151	249	95	159	148	177	121	126	85	131
Adjusted Earnings Per Share	2.4	4	1.5	2.5	2.4	2.8	1.9	2	1.3	2.1

Crompt.Greaves Cons. Profit & Loss

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	4080	4479	4520	4804	5394	6870
Other Income	31	48	59	78	73	66
Total Income	4110	4527	4579	4881	5467	6937
Total Expenditure	3549	3895	3921	4085	4625	6093
Operating Profit	562	632	658	796	842	843
Interest	64	60	41	43	35	109
Depreciation	13	13	27	30	42	116
Exceptional Income / Expenses	0	0	0	0	-13	-6
Profit Before Tax	485	560	591	724	752	612
Provision for Tax	162	158	94	107	173	136
Profit After Tax	324	401	496	617	578	477
Adjustments	0	0	0	0	0	-13
Profit After Adjustments	324	401	496	617	578	463
Adjusted Earnings Per Share	5.2	6.4	7.9	9.8	9.1	7.3

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	12%	6%	0%	0%
Operating Profit CAGR	6%	10%	0%	0%
PAT CAGR	-6%	13%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-20%	7%	3%	NA%
ROE Average	28%	37%	41%	41%
ROCE Average	24%	32%	35%	35%

Crompt.Greaves Cons. Balance Sheet

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	790	1097	1468	1931	2453
Minority's Interest	0	0	0	0	782
Borrowings	649	349	180	299	5
Other Non-Current Liabilities	-30	-43	-32	78	193
Total Current Liabilities	969	1206	1085	1231	3015
Total Liabilities	2377	2609	2701	3539	6449
Fixed Assets	862	863	909	915	3273
Other Non-Current Assets	28	26	51	44	75
Total Current Assets	1487	1720	1742	2580	3100
Total Assets	2377	2609	2701	3539	6449

Crompt.Greaves Cons. Cash Flow

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	66	172	117	24	262
Cash Flow from Operating Activities	315	299	411	830	723
Cash Flow from Investing Activities	-33	-168	9	-496	-1723
Cash Flow from Financing Activities	-175	-186	-513	-96	907
Net Cash Inflow / Outflow	107	-56	-93	238	-92
Closing Cash & Cash Equivalent	172	117	24	262	170

Crompt.Greaves Cons. Ratios

#	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	5.17	6.4	7.91	9.82	9.13
CEPS(Rs)	5.37	6.61	8.34	10.3	9.8
DPS(Rs)	1.75	2	0	5.5	2.5
Book NAV/Share(Rs)	11.2	15.57	21.16	28.18	36.54
Core EBITDA Margin(%)	12.94	13.05	13.25	14.96	14.26
EBIT Margin(%)	13.38	13.83	13.97	15.96	14.59
Pre Tax Margin(%)	11.83	12.5	13.07	15.06	13.93
PAT Margin (%)	7.89	8.96	10.98	12.84	10.72
Cash Profit Margin (%)	8.19	9.25	11.57	13.46	11.51
ROA(%)	13.62	16.1	18.69	19.76	11.58
ROE(%)	46.14	47.83	43.1	39.84	28.33
ROCE(%)	38.19	38.9	35.42	36.26	24.32
Receivable days	49.23	45.62	41.56	35.12	36.41
Inventory Days	26.96	26.71	32.94	37.32	41.94
Payable days	66.41	59.96	60.83	70.2	74.46
PER(x)	45.79	35.25	26.37	40.05	40.95
Price/Book(x)	21.13	14.49	9.86	13.96	10.23
Dividend Yield(%)	0.74	0.89	0	1.4	0.67
EV/Net Sales(x)	3.75	3.27	2.96	5.12	4.52
EV/Core EBITDA(x)	27.23	23.18	20.35	30.86	28.95
Net Sales Growth(%)	0	9.79	0.92	6.27	12.3
EBIT Growth(%)	0	12.79	1.92	21.41	2.65
PAT Growth(%)	0	23.97	23.67	24.23	-6.21
EPS Growth(%)	0	23.93	23.61	24.15	-7.05
Debt/Equity(x)	0.92	0.66	0.26	0.27	0.69
Current Ratio(x)	1.53	1.43	1.61	2.1	1.03
Quick Ratio(x)	1.22	1.13	1.18	1.67	0.79
Interest Cover(x)	8.62	10.39	15.52	17.86	22.28
Total Debt/Mcap(x)	0.04	0.05	0.03	0.02	0.07

Crompt.Greaves Cons. Shareholding Pattern

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	17.42	11.36	5.99	5.99	5.99	5.94	5.94	2.54	0	0
FII	34.33	39.18	40.14	41.47	40.17	38	37.27	39.67	39.52	39.62
DII	37.58	38.7	43.67	42.3	43.18	44.39	44.99	45.45	44.76	44.41
Public	10.66	10.77	10.19	10.24	10.66	11.67	11.81	12.34	15.71	15.97
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	10.93	7.13	3.76	3.76	3.76	3.76	3.76	1.62	0	0
FII	21.54	24.59	25.2	26.04	25.23	24.07	23.61	25.22	25.13	25.2
DII	23.58	24.29	27.42	26.57	27.12	28.12	28.51	28.9	28.46	28.25
Public	6.69	6.76	6.4	6.43	6.7	7.39	7.48	7.85	9.99	10.16
Others	0	0	0	0	0	0	0	0	0	0
Total	62.74	62.77	62.78	62.8	62.8	63.34	63.36	63.59	63.59	63.61

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 37%
Company has reduced debt.

Cons

Promoter holding is low: 0%.
Debtor days have increased from 70.2 to 74.46days.
Stock is trading at 6.6 times its book value.
The company has delivered a poor profit growth of 0% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.