- Net Income: Crompton Greaves’ net income increased by 29% year-over-year to 1.52 billion rupees, exceeding the estimate of 1.47 billion rupees.
- Revenue: The company reported a total revenue of 21.4 billion rupees, a 14% year-over-year increase, surpassing the expected 21.26 billion rupees.
- Electric Consumer Durables: Revenue from electric consumer durables rose by 21% year-over-year to 17.3 billion rupees, beating the estimate of 16.49 billion rupees.
- Lighting Products: Revenue from lighting products saw a modest increase of 1.7% year-over-year to 2.33 billion rupees, slightly below the estimate of 2.45 billion rupees.
- Butterfly Products: Revenue from butterfly products declined by 19% year-over-year to 1.78 billion rupees, missing the estimate of 2.08 billion rupees.
- Total Costs: Total costs went up by 13% year-over-year, amounting to 19.6 billion rupees.
- EBITDA: EBITDA increased by 25% year-over-year to 2.32 billion rupees, higher than the estimated 2.25 billion rupees.
- EBITDA Margin: The EBITDA margin improved to 10.9% from the previous year’s 9.9%, though it fell short of the estimated 11.5%.
- Share Performance: Shares rose by 2.1% to 455.00 rupees, with 4 million shares traded.
- Analyst Recommendations: The stock has 29 buy recommendations, 9 hold recommendations, and no sell recommendations.
A look at Crompton Greaves Consumer Electricals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Crompton Greaves Consumer Electricals Limited, a company that manufactures consumer electrical products such as fans, lamps, and household appliances, is positioned for a positive long-term outlook based on its Smartkarma Smart Scores. The company’s strong dividend score of 4 reflects its commitment to rewarding shareholders, while its resilience score of 4 indicates its ability to withstand market challenges. Additionally, a momentum score of 5 suggests Crompton Greaves Consumer Electricals is currently enjoying a favorable upward trend in the market. As the company continues to show growth potential with a score of 3 and maintains decent value with a score of 2, investors may find Crompton Greaves Consumer Electricals to be a promising investment in the consumer electrical sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
