Crompton Greaves Consumer Electricals Limited has officially launched its Star Lord Pro Panels, following the company's regulatory disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The product launch was completed on December 29, 2025, as scheduled.

Official Product Launch Details

The company filed its disclosure on December 30, 2025, confirming the successful launch of the Star Lord Pro Panels. The following table presents the official launch parameters:

Regulatory Compliance

Crompton Greaves Consumer Electricals disclosed the product launch to both BSE (Scrip Code: 539876) and NSE (Symbol: CROMPTON) under reference number 139/2025-26. The company noted that while the product launch did not trigger materiality thresholds, the disclosure was made as part of good corporate governance practices.

Market Strategy and Positioning

The Star Lord Pro Panels represent the company's continued expansion in the domestic B2C lighting segment. The 15W panels are designed specifically for residential applications, targeting consumers seeking efficient lighting solutions. This launch strengthens Crompton Greaves Consumer Electricals' position in the consumer electricals market.

Corporate Information

The disclosure was signed by Company Secretary & Compliance Officer Rashmi Khandelwal (ACS – 28839) from the company's registered office at Godrej Business District, Mumbai. The official launch marks another milestone in the company's product portfolio expansion strategy.

Crompton Greaves Consumer Electricals Ltd has received a Buy rating with a target price of ₹340.00, representing significant upside potential from the current market price of ₹256.85. The company, recognized as one of India's leading consumer electrical companies, maintains a diversified presence across fans, pumps, lighting, appliances, and kitchen products.

Crompton 2.0 Transformation Strategy

The company is executing its comprehensive "Crompton 2.0" transformation strategy, which focuses on four key pillars: premiumisation, sharper go-to-market execution, innovation, and supply-chain efficiency. This strategic initiative aims to expand the company's addressable market through solar-led adjacencies, with early traction in solar rooftop solutions validating its long-term growth potential.

Solar Business Expansion

Solar Rooftop Business Performance

The solar rooftop business has demonstrated strong momentum since its inception. The business commenced operations with a ₹52.00 crore project in Telangana, subsequently securing a landmark order worth ₹445.00 crore. This progression has resulted in a robust current order pipeline:

Solar Pumps Business Growth

The solar pumps segment has scaled rapidly, achieving remarkable market penetration within a short timeframe. The business has delivered exceptional performance metrics:

This rapid scaling positions solar as a meaningful medium-term growth driver for the company.

Investment Outlook and Valuation

The Buy rating comes with a target price of ₹340.00, valuing Crompton at 33x FY27E EPS. This valuation reflects the company's transformation strategy and the potential of its solar business expansion.

Risk Factors

Several risk factors could impact the company's performance:

• Weather-driven demand volatility affecting core business segments
• Margin pressure due to commodity cost fluctuations
• Heightened competitive intensity in the consumer electrical space
• Execution and working-capital risks in scaling solar businesses
• Government policy changes affecting solar business operations
• Potential demand decline amid economic slowdown scenarios

The analysis positions Crompton Greaves Consumer Electricals as a company successfully diversifying its portfolio while maintaining its core consumer electrical business strengths.