Crompton Greaves
231.00
+1.00(+0.43%)
Market Cap₹14,874.43 Cr
PE Ratio-70.30
Company Performance:
1D+0.43%
1M-6.69%
6M-5.81%
1Y-27.31%
5Y0.00%
View Company Insightsright
More news about Crompton Greaves
07Sept 26
Crompton Greaves to host Amansa Capital for one-to-one meet on Sep 11
Crompton Greaves schedules one-to-one meet with Amansa Capital. Session occurs on September 11, 2026, from 2:30 pm to 3:30 pm. Interaction will be held in physical mode. Disclosure made under SEBI LODR Regulation 30.
 no imag found
02Sept 26
Crompton Greaves hosts analyst meet with East Bridge Capital on Sep 9
Crompton Greaves hosts a physical one-to-one meeting with East Bridge Capital Management. Session scheduled for September 9, 2026, from 9:30 am to 11:00 am. Disclosure made under Regulation 30 of SEBI LODR Regulations, 2015. Company confirms no unpublished price-sensitive information will be shared.
 no imag found
31Aug 26
Crompton Greaves submits revised investor presentation for clerical fixes
Crompton Greaves submitted a revised investor presentation on August 31, 2026. The update addresses inadvertent clerical errors in the August 20, 2026 filing. The revision is administrative and contains no changes to financial data. Strategic conclusions and analysis remain unchanged from the original deck.
 no imag found
31Aug 26
Crompton Greaves hosts analyst meet on Sep 3 at Elara Dialogue
Crompton Greaves hosts analyst meet on September 3, 2026. Session part of Ashwamedh – Elara India Dialogue 2026. Physical meeting from 9:00 am to 1:00 pm. No unpublished price-sensitive information to be shared.
 no imag found
20Aug 26
Crompton Greaves targets 13-14% revenue CAGR, ₹8,096 crore FY26 top line
Crompton Greaves Consumer Electricals Limited presented its Investor Day 2026 deck, outlining a strategy to double revenue by FY31 through premiumization and category expansion. The company reported FY26 revenue of ₹8,096 crore with adjusted EBITDA margins at 15%. Key drivers include a 27% premium mix and strong market share gains in fans and lighting. With a net cash position of ₹1,155 crore, the firm emphasizes self-funded growth and sustainability targets.
 no imag found
20Aug 26
Crompton Greaves targets 13-14% annual revenue growth, margin expansion by FY31
Crompton Greaves Consumer Electricals Ltd targets ₹15,000 crore revenue by FY31, implying 13-14% annual growth. The company plans to boost EBITDA margins to over 12% by FY31 and increase the share of smart and connected products to roughly 20%. Existing categories like fans and pumps will contribute ₹12,000 crore, while new segments are expected to grow their share from 14-15% to 20%.
 no imag found
20Aug 26
Crompton Greaves cuts operational emissions 23% in first sustainability report
Crompton Greaves Consumer Electricals Limited released its inaugural sustainability report for FY26, highlighting a 23% drop in operational GHG emissions and a surge in renewable energy usage to 21% of total consumption. The company achieved a 38% reduction in product use-phase emission intensity for fans and maintained zero waste to landfill. These results were independently assured by TUV India, supporting the firm's improved S&P Global CSA score of 71/100.
 no imag found
19Aug 26
Crompton Greaves unveils new master brand identity 'Cephyr'
Crompton Greaves Consumer Electricals Ltd has launched its new master brand identity, 'Cephyr', and tagline 'Amazing, Every Day' as part of its 'Crompton 2.0' transformation. The company also introduced Crompton Rhion, a super-premium brand debuting with a water purifier in the ₹5,565 crore domestic market, which currently has only 6% household penetration. This rebranding aims to strengthen consumer connect and accelerate the company's premiumization strategy across its product portfolio.
 no imag found
13Aug 26
Crompton Greaves Q1FY27 profit rises 15% to ₹143 Cr on ECD strength
Crompton Greaves Consumer Electricals Limited delivered a strong Q1FY27 performance with net profit rising 15.2% to ₹142.70 crore and revenue growing 11.8% to ₹2,256.81 crore. The results were driven by robust ECD sales, particularly in BLDC fans (~45% growth), and effective pricing strategies that offset commodity inflation. Despite facing supply disruptions that led to an estimated ₹200 crore loss in primary sales, the company expanded its EBITDA margin to 10.02%. Management highlighted a robust solar rooftop order book of ~₹450 crore, expecting bulk execution in Q2 and Q3, and announced plans for a ₹350 crore greenfield manufacturing facility.
 no imag found
08Aug 26
Crompton Greaves shareholders approve FY26 results with near-unanimous support
Crompton Greaves Consumer Electricals Limited concluded its 12th AGM on August 7, 2026, with shareholders approving FY26 financials, dividend, and governance appointments. Voting results showed near-unanimous support, particularly for financial statements (99.99%) and dividend declaration. Institutional investors dominated participation, while dissent was minimal across all resolutions.
 no imag found
26Jul 26
Crompton Greaves faces ₹5.78 crore partial GST order for FY20
Crompton Greaves faces a ₹5.78 crore GST demand for FY20 after a partial allowance by the Joint Commissioner. The company intends to appeal under Section 112 of the SGST Act.
 no imag found
23Jul 26
Crompton Greaves appoints Lall and Gandani to senior roles
Crompton Greaves Consumer Electricals Ltd has appointed Anuj Lall as Head of Integrated Supply Chain and Ms. Yesha Gandani as Compliance Officer designated as Key Managerial Personnel (KMP), effective July 21, 2026. The Board of Directors approved these appointments based on the recommendations of the Nomination and Remuneration Committee.
 no imag found
22Jul 26
Crompton Greaves Consumer Electricals to host Q1FY27 earnings call
Crompton Greaves Consumer Electricals announced an earnings call on August 6, 2026, at 17:00 IST to review unaudited Q1FY27 results. The management team, including the MD and CEO, will present the financial performance via a Zoom webinar.
 no imag found
15Jul 26
Crompton Greaves ordered to pay ₹10,300 in consumer dispute
Crompton Greaves Consumer Electricals Limited was ordered by the District Consumer Disputes Redressal Commission, Rohtak, to replace a 1.5 H.P. motor and pay ₹10,300 in compensation and litigation costs. The order, dated May 29, 2026, was received on July 14, 2026. The company stated the financial impact is ₹10,300.
 no imag found
14Jul 26
Crompton Greaves Records Rs 27.21 Crore Block Trade on BSE at Rs 259.85 Per Share
A block trade of approximately 1047001 shares of Crompton Greaves was executed on BSE at Rs 259.85 per share. The total deal value of the transaction amounted to Rs 27.21 crore. Such large block trades are typically conducted between institutional participants and are executed outside the regular market order book.
 no imag found
09Jul 26
Crompton Greaves AGM set for Aug 7, recommends ₹3 dividend
Crompton Greaves Consumer Electricals Limited will hold its 12th AGM on August 07, 2026, via Video Conferencing. The Board recommends a dividend of ₹3 per share for FY 2025-26. The meeting agenda includes the re-appointment of the Managing Director and Statutory Auditors. The company reported a consolidated loss of ₹230.76 Crore for FY 2025-26 due to exceptional items.
 no imag found
09Jul 26
Crompton Greaves wins ₹64.99 Cr MSEDCL order for solar pumps
Crompton Greaves Consumer Electricals Ltd received an additional allocation worth ₹64.99 crore from MSEDCL for 3,000 solar water pumping systems under the PM-KUSUM-B scheme. The contract, which follows a July 2, 2026 empanelment, requires execution within 60 days and includes a five-year warranty.
 no imag found
02Jul 26
Crompton Greaves Consumer Electricals appoints Sachin Phartiyal as Home Electricals head
Crompton Greaves Consumer Electricals Ltd has appointed Sachin Phartiyal as Business Unit Head- Home Electricals effective July 2, 2026, as part of its Crompton 2.0 initiative. The Board of Directors approved the restructuring, which includes role changes for Rajat Chopra, Anand Kumar N, and Ketan Chaudhari.
 no imag found
30Jun 26
Crompton sets Aug 7 AGM date, recommends ₹3 dividend
Crompton Greaves Consumer Electricals Limited has scheduled its 12th Annual General Meeting for Friday, August 7, 2026, via Video Conferencing and Other Audio-Visual Means. The Board of Directors recommended a final dividend of ₹3 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. The record date to determine eligibility for the dividend and e-voting is Friday, July 24, 2026, with payment scheduled on or after August 7, 2026. The company also detailed the applicable TDS rates for resident and non-resident shareholders.
 no imag found
25Jun 26
Crompton Greaves Consumer Electricals Ltd receives tax order of ₹52.36 lakh from State Tax, Chhattisgarh
Crompton Greaves Consumer Electricals Ltd received an order from the Office of the Additional Commissioner of Appeals, State Tax, Chhattisgarh, upholding a tax demand of ₹52,35,922 for the period July 2017 to March 2018. The demand includes tax of ₹23,36,265, interest of ₹26,66,030, and a penalty of ₹2,33,627. The company stated there is no material impact on its financials but disclosed a potential impact of ₹62,83,208, including revised interest. It plans to appeal under Section 112 of the SGST Act, 2017.
 no imag found
23Jun 26
Crompton Greaves Consumer Electricals Ltd schedules analyst meetings on June 22
Crompton Greaves Consumer Electricals Ltd has scheduled analyst and institutional investor meetings on June 22, 2026, via physical mode. The company confirmed no unpublished price sensitive information will be shared. The disclosure was made to BSE and NSE on June 15, 2026.
 no imag found
23Jun 26
Crompton Greaves schedules analyst meetings on June 24-25
Crompton Greaves Consumer Electricals Limited has scheduled analyst and institutional investor meetings on June 24 and 25, 2026, with Metta Capital and Axis Max Life Insurance Limited. The sessions, conducted in physical mode, will cover business updates and performance without sharing unpublished price sensitive information. The disclosure was signed by CFO Kaleeswaran Arunachalam on June 19, 2026.
 no imag found
20Jun 26
Crompton Greaves Consumer Electricals hosts non-deal roadshow
Crompton Greaves Consumer Electricals Ltd announced a non-deal roadshow on June 18, 2026, featuring meetings with six institutional investors including HDFC Mutual Fund and Invesco Mutual Fund.
 no imag found
19Jun 26
Crompton Greaves Consumer Electricals to meet Nippon India MF
Crompton Greaves Consumer Electricals Limited will hold a physical meeting with Nippon India MF on June 16, 2026, from 12:30pm to 1:30pm. The company stated that no unpublished price sensitive information will be shared during the interaction.
 no imag found
17Jun 26
Citi Maintains Buy Rating on Crompton Greaves Consumer Electricals with Target Price of ₹400
Citi has maintained a Buy rating on Crompton Greaves Consumer Electricals with a target price of ₹400, supported by improving demand and multiple fan price hikes totaling approximately 9–10%. The brokerage highlights successful execution across GTM, lighting, Butterfly, SDA, solar, and wires initiatives as key drivers. Revenue growth is identified as the near-term priority, while a stronger margin recovery is expected through FY27.
 no imag found
17Jun 26
Crompton Greaves confirms ₹3.33 Cr GST demand for FY 2019-20
Crompton Greaves Consumer Electricals Ltd disclosed an order from the Commissioner (Appeals) confirming a GST demand of ₹3.33 crore for FY 2019-20. The demand arises from alleged excess ITC claims and short payments. The company asserts no material impact and intends to file a further appeal.
 no imag found
16Jun 26
Crompton Greaves schedules non-deal roadshow on June 19
Crompton Greaves Consumer Electricals Limited announced a non-deal roadshow scheduled for June 19, 2026, to meet with institutional investors such as SBI Life and ICICI Prudential Mutual Fund. The physical meetings will take place from 10:00am to 5:00pm, with no unpublished price sensitive information to be shared.
 no imag found
13Jun 26
Crompton pays ₹15,000 per consumer commission order
Crompton Greaves Consumer Electricals Ltd paid ₹15,000 in compensation and litigation expenses following an order from the District Consumer Disputes Redressal Commission, Kalahandi, Bhawanipatna, Odisha. The order, dated June 4, 2026, addressed a consumer complaint regarding a malfunctioning jet pump. The company confirmed the payment has no material impact on its financials or operations.
 no imag found
25May 26
Crompton pays ₹17,600 in consumer dispute order
Crompton Greaves Consumer Electricals Limited received an order from the District Consumer Disputes Redressal Commission, Rewari, on May 23, 2026, regarding a consumer complaint about a malfunctioning product. The commission directed the company to pay ₹6,600 as a refund and ₹11,000 as compensation, totaling ₹17,600, within 30 days. The company confirmed that the financial impact is quantified at ₹17,600 and that there is no material impact on its financials or operations.
 no imag found
21May 26
Crompton launches EA4090 Stabilizer and 50W Backup LED Lamps
Crompton Greaves Consumer Electricals Limited has launched the EA4090 Stabilizer and 50W Backup LED Lamps in the domestic B2C lighting segment as of May 20, 2026. The company disclosed this information under Regulation 30 of the SEBI LODR Regulations, 2015, noting that the event did not meet materiality thresholds but was shared for good corporate governance.
 no imag found
20May 26
Crompton FY26 Net Loss ₹230.76 Cr on Exceptional Items
Crompton Greaves Consumer Electricals Limited posted a consolidated net loss of ₹230.76 crores for FY26, a reversal from the previous year's profit of ₹564.08 crores, primarily due to exceptional items totaling ₹756.44 crores, including a ₹716.04 crore impairment on Butterfly Gandhimathi Appliances. Despite this, consolidated revenue rose to ₹8,095.52 crores. Q4 FY26 revenue grew 10.8% year-on-year to ₹2,283.27 crores, with EBITDA margins at 11.9%. The Board recommended a final dividend of ₹3 per share. Management highlighted strong growth in the Lighting and Small Domestic Appliances segments, progress in new solar and wires businesses, and margin expansion driven by premiumization and pricing actions.
 no imag found
19May 26
Delhi High Court Issues Interim Injunction Against Crompton Greaves Over Grace Fan Design
The Hon'ble High Court of Delhi passed an interim injunction order against one model of Crompton Greaves Consumer Electricals Limited's Grace fan, received by the company on May 14, 2026, at 7:05 PM. The allegation relates to similarity in overall visual appearance and essential design features of the product. The company has confirmed there is no material impact on its financials, operations, or other activities. The disclosure was made under Regulation 30 of the SEBI Listing Regulations on May 15, 2026.
 no imag found
15May 26
Aditya Birla Group Denies Report of Crompton Consumer Majority Stake Bid
Aditya Birla Group has categorically denied being among the contenders to acquire a majority stake in Crompton Consumer, describing the earlier CNBC-TV18 report as inaccurate. The denial follows initial reports that named the group alongside multiple other parties in an acquisition race. No financial terms or other bidder details have been confirmed.
 no imag found
14May 26
Crompton Greaves Launches 'Crompton Rhion', Targets ₹2,000 Cr Solar Business
Crompton Greaves Consumer Electricals launched the super-premium 'Crompton Rhion' brand under its Crompton 2.0 Strategy, integrating the Large Kitchen Appliances product line and targeting EBOs, MBOs, large format retail, and e-commerce for distribution. Management guidance highlights a ₹2,000 crore solar business aspiration within three to four years, a national rollout for the Crompton Armor wires brand, BEE norms readiness for water heaters, and a push for Butterfly brand growth in non-South markets.
 no imag found
14May 26
Crompton Consumer Receives Bullish Calls from CLSA, Nomura, Citi and HSBC; Target Prices Range from ₹315 to ₹400
Four brokerages — CLSA, Nomura, Citi, and HSBC — have maintained positive ratings on Crompton Consumer following Q4FY26 results, with target prices ranging from ₹315 to ₹400. CLSA raised its target to ₹315 and upgraded EPS estimates by 6–7% for FY27/28, driven by EBITDA strength in kitchen appliances, BLDC fans, and emerging categories. Nomura retained a Buy at ₹335, valuing the stock at 25x FY28 EPS, while Citi set the highest target at ₹400 on Lighting and Butterfly outperformance, flagging raw material inflation as a key risk. HSBC maintained a Buy at ₹360, noting a ₹7 billion goodwill impairment led to a quarterly net loss despite flat Q4 PBT before one-offs.
 no imag found
14May 26
Crompton Greaves Consumer Electricals Senior Management Resignation Effective July 27, 2026
Crompton Greaves Consumer Electricals Limited has disclosed the resignation of Ms. Aarushi Agarwal, Head - Large Kitchen Appliances and New Business, effective July 27, 2026, citing personal reasons. The disclosure, signed by CFO Kaleeswaran Arunachalam on May 13, 2026, confirms no material reason for the resignation, made pursuant to Regulation 30 of the SEBI Listing Regulations.
 no imag found
06May 26
Crompton Greaves Consumer Electricals Schedules Q4FY26 Earnings Call for May 13, 2026
Crompton Greaves Consumer Electricals Limited has intimated stock exchanges of a Q4FY26 earnings call on May 13, 2026, from 4:30–5:30 PM IST via Zoom, hosted by Avendus Spark. Senior leadership including MD & CEO Promeet Ghosh, CFO Kaleeswaran Arunachalam, and Butterfly Gandhimathi Appliances' CBO Swetha Sagar will represent the company. The disclosure was filed on May 05, 2026, under Regulation 30 of SEBI LODR Regulations, 2015.
 no imag found
29Apr 26
Crompton Greaves Consumer Electricals Sees Rs. 59.17 Crore Block Trade on NSE
Crompton Greaves Consumer Electricals Ltd. recorded a major NSE block trade worth Rs. 59.17 crores, involving approximately 2,177,819 shares at Rs. 271.70 per share. The substantial transaction indicates significant institutional trading activity and reflects the liquidity and investor interest in the consumer electricals company's stock.
 no imag found
23Apr 26
Crompton Greaves Consumer Electricals Announces Company Secretary Resignation Effective April 23, 2026
Crompton Greaves Consumer Electricals Limited announced the resignation of Company Secretary & Compliance Officer Ms. Rashmi Khandelwal, effective April 23, 2026. She is leaving to pursue career opportunities outside the organization, with the company confirming no material reasons for the departure. The company is actively seeking a replacement and will update exchanges upon completion of the selection process.
 no imag found
18Apr 26
Crompton Greaves Launches Energion Niteo Pro Premium BLDC Fan for Domestic Market
Crompton Greaves Consumer Electricals Limited launched its new Energion Niteo Pro Premium BLDC ceiling fan on April 17, 2026, targeting the domestic market. Initially available in 48-inch sweep size with 36-inch variant planned for later release, the product represents the company's expansion into the premium energy-efficient ceiling fan segment. The disclosure was made under SEBI Regulation 30 as part of good corporate governance practices, despite not meeting materiality thresholds.
 no imag found
17Apr 26
Crompton Greaves Consumer Electricals Secures ₹71.75 Crore Solar Water Pumping Systems Order from MSEDCL
Crompton Greaves Consumer Electricals has officially disclosed securing a major ₹71.75 crore contract from Maharashtra State Electricity Distribution Company Limited for 3,540 solar photovoltaic water pumping systems. The comprehensive order under the MTSKPY/PM-KUSUM-B scheme includes complete project lifecycle services from design to commissioning across various Maharashtra locations, with a 60-day execution timeline from Notice to Proceed.
 no imag found
16Apr 26
Crompton Greaves Consumer Electricals Executes Rs. 16.54 Crore Block Trade on NSE
Crompton Greaves Consumer Electricals Ltd. executed a major block trade on NSE worth Rs. 16.54 crores, involving approximately 645,724 shares at Rs. 256.20 per share. The transaction represents significant institutional activity in the consumer electricals sector and demonstrates substantial trading interest at the specified price level.
 no imag found
13Apr 26
HSBC Maintains Buy Rating on Crompton Greaves Consumer Electricals with ₹350 Target Price
HSBC maintains its Buy rating on Crompton Greaves Consumer Electricals with a ₹350 target price, expecting moderate Q4 growth from early channel filling despite margin pressures from higher input costs. The brokerage warns that Q1FY27 earnings may face challenges from commodity inflation, demand delays, and sporadic rains affecting AC sales performance.
 no imag found
10Apr 26
Crompton Greaves Consumer Electricals Submits SEBI Compliance Certificate for Q4 FY26
Crompton Greaves Consumer Electricals Limited submitted its mandatory SEBI compliance certificate for Q4 FY26, confirming proper handling of securities dematerialization and rematerialization processes. The certificate, issued by registrar KFin Technologies Limited, was submitted to BSE and NSE on April 10, 2026, fulfilling regulatory obligations under SEBI Regulation 74(5).
 no imag found
10Apr 26
Crompton Greaves Consumer Electricals Receives Court Acquittal in Negotiable Instruments Act Case
Crompton Greaves Consumer Electricals Limited disclosed that the XXXV Metropolitan Magistrate Court in Chennai has acquitted all accused parties in a Section 138 Negotiable Instruments Act case. The case involved a bounced cheque worth ₹6,54,276 from Variety Agency and its partners, dated January 29, 2025. While the acquittal results in a financial loss for the company, it stated there is no material impact on its operations or financials. The court order was received on April 9, 2026, and disclosed to stock exchanges in compliance with SEBI regulations.
 no imag found
02Apr 26
Crompton Greaves Consumer Electricals Faces ₹68.67 Crore Tax Demand After Appeals Order
Crompton Greaves Consumer Electricals Limited received an unfavorable order from the Commissioner of Income Tax (Appeals) on April 1, 2026, confirming a tax demand of ₹68.67 crore for AY 2022-23. The demand includes ₹57.13 crore in tax and ₹11.54 crore in interest, arising from disallowances related to warranty provisions, depreciation on intangible assets, and ESOP expenses. The company plans to file a further appeal and expects favorable outcomes from higher appellate authorities, stating no material impact on operations.
 no imag found
01Apr 26
Crompton Greaves Consumer Electricals Receives Income Tax Appeals Order for AY 2018-19
Crompton Greaves Consumer Electricals Limited received an income tax appeals order from CIT(A), National Faceless Appeals Centre, Delhi, for AY 2018-19 with a potential impact of INR 2,36,32,897. The demand relates to disallowances including warranty provisions, exempt income expenditure, education cess, and section 80IC claims. The company plans to file an appeal and expects favourable outcome from appellate authorities.
 no imag found
01Apr 26
Crompton Greaves Consumer Electricals Receives Income Tax Appeals Order Confirming Assessment for AY 2023-24
Crompton Greaves Consumer Electricals Limited received an order from Commissioner of Income Tax (Appeals) on 31st March 2026, confirming assessment order for AY 2023-24. The order relates to disallowances of warranty provisions, depreciation on intangible assets and ESOP expenses, with potential impact of ₹29,91,79,840/- including tax and interest. The company plans to file further appeal expecting favourable outcome.
 no imag found
01Apr 26
Crompton Greaves Consumer Electricals Receives Income Tax Appeals Order for AY 2020-21
Crompton Greaves Consumer Electricals Limited received an income tax appeals order from CIT(A), National Faceless Appeals Centre, Delhi, for AY 2020-21 with a potential impact of INR 65,23,167. The demand relates to disallowance of warranty and after sales services provision. The company plans to file an appeal and expects favourable outcome, stating no material impact on operations or financials.
 no imag found
31Mar 26
Crompton Greaves Receives Partially Confirmed Tax Order Worth ₹22.46 Crores for SGST Assessment Year 2018-19
Crompton Greaves Consumer Electricals has received a partially confirmed tax order from the Joint Commissioner of State Tax (Appeal-VI) for SGST assessment year 2018-19, involving a potential impact of ₹22,45,82,868. The order relates to disallowance of Input Tax Credit and GST on credit notes. The company plans to file an appeal under Section 112 of SGST Act, 2017, expecting favorable outcome from appellate authorities while maintaining no material impact on operations.
 no imag found
31Mar 26
Crompton Greaves Receives Income Tax Appeal Order for AY 2021-22 with INR 10.22 Crore Potential Impact
Crompton Greaves Consumer Electricals Limited received an income tax appeal order from CIT(A) Delhi for AY 2021-22 with a potential impact of INR 10,22,94,841, including tax of INR 9,77,56,823 and interest of INR 45,38,018. The demand relates to disallowances of warranty provisions, depreciation on intangible assets, and ESOP expenses. The company plans to file an appeal and expects a favourable outcome, stating no material impact on operations.
 no imag found
28Mar 26
Crompton Greaves Launches Energion EA4150 AC Stabilizer for Domestic Market
Crompton Greaves Consumer Electricals Limited launched the Energion EA4150 AC Stabilizer on March 27, 2026, targeting the domestic market under its B2C Lighting category. The product operates in the 150-280V range and was disclosed under SEBI Regulation 30 as part of good corporate governance practices, though it did not trigger materiality thresholds.
 no imag found
28Mar 26
Crompton Greaves Consumer Electricals Receives ₹42.61 Crore Income Tax Demand Notice for AY 2024-25
Crompton Greaves Consumer Electricals Limited received an income tax demand notice of ₹42,60,90,820 for AY 2024-25, comprising tax of ₹34,53,31,204 and interest of ₹8,07,59,616. The demand relates to disallowances of ESOP expenses, warranty provisions, depreciation on intangible assets, and payments to non-filers. The company expects a favourable outcome at appellate level and will file an appeal before NFAC, stating no material impact on operations or financials.
 no imag found
23Mar 26
Crompton Greaves Consumer Electricals Receives INR 4.50 Crore GST Demand Order from Vijayawada CGST Office
Crompton Greaves Consumer Electricals Limited has received a GST demand order of INR 4,50,41,295 from Vijayawada CGST office for alleged excess ITC claims during April 2019 to March 2020. The demand includes tax of INR 1,39,98,461, interest of INR 1,70,44,373, and penalty of INR 1,39,98,461. The company plans to appeal the order and expects favorable outcomes, stating no material impact on operations.
 no imag found
23Mar 26
Crompton Greaves Consumer Electricals Receives ISO 9001:2015 Certification for Secretarial Function
Crompton Greaves Consumer Electricals Limited has received ISO 9001:2015 certification for its Secretarial Function from Bureau Veritas - UKAS Management Systems. The certification recognizes the company's robust quality management systems, governance practices, and continuous improvement initiatives. This achievement reinforces the company's commitment to high standards of corporate governance, compliance, and operational excellence, disclosed voluntarily as part of good governance practices.
 no imag found
20Mar 26
Crompton Greaves Launches Energion Elevate BLDC Product in Domestic Market
Crompton Greaves Consumer Electricals Limited launched Energion Elevate, a new BLDC product, on March 20, 2026, targeting the domestic market. The company disclosed this information under SEBI regulations as part of good corporate governance practices, even though the launch did not meet materiality thresholds. The product belongs to the Energion category and represents the company's continued focus on brushless DC motor technology.
 no imag found
18Mar 26
Crompton Greaves Consumer Electricals Receives ₹4.21 Crore Income Tax Demand for AY 2019-20
Crompton Greaves Consumer Electricals Limited has received an income tax demand of ₹4,21,07,197 inclusive of interest for Assessment Year 2019-20 from the Assistant Commissioner of Income Tax, Mumbai. The order relates to alleged excess tax refund and was passed under Section 154 of the Income Tax Act, 1961. The company is evaluating its response options and has stated there is no material impact on its operations or financials despite the substantial monetary demand.
 no imag found
17Mar 26
Crompton Greaves Consumer Electricals Reports Soaring Demand for Induction and Electric Cookers, Plans Price Adjustments
Crompton Greaves Consumer Electricals reports soaring demand for induction and electric cookers, indicating strong market acceptance of its kitchen appliance offerings. The company plans strategic price increases, reflecting management confidence in sustained demand and market positioning. This development highlights growing consumer preference for electric cooking solutions and the company's ability to capitalize on favorable market trends.
 no imag found
14Mar 26
Crompton Greaves Consumer Electricals Announces Postal Ballot Results for Independent Director Re-appointment
Crompton Greaves Consumer Electricals Limited announced successful completion of its postal ballot for re-appointing Mr. P R Ramesh as Non-Executive Independent Director. The special resolution passed with 90.86% votes in favour out of 486675287 total votes polled, representing 75.58% shareholder participation. The e-voting process conducted from February 13 to March 14, 2026, was scrutinized by Ms. Alifya Sapatwala, with results formally announced on March 14, 2026.
 no imag found
06Mar 26
Crompton Greaves Consumer Electricals Receives Credit Rating Affirmation from India Ratings & Research
Crompton Greaves Consumer Electricals received credit rating affirmation from India Ratings & Research for bank loan facilities worth Rs. 975 crore with IND AA+/Stable/IND A1+ rating. The disclosure was made under SEBI regulations with proper compliance procedures followed by Company Secretary Rashmi Khandelwal.
 no imag found
18Feb 26
Crompton Greaves Consumer Electricals Launches EA400 AC Stabilizer for Domestic Market
Crompton Greaves Consumer Electricals Limited launched its EA400 AC Stabilizer on February 18, 2026, targeting the domestic B2C Lighting market. The company disclosed this launch under SEBI Regulation 30 as part of good corporate governance practices, despite not meeting materiality thresholds. The product is designed exclusively for the Indian market and represents the company's continued expansion in the consumer electrical products segment.
 no imag found
06Feb 26
Crompton Greaves Consumer Electricals Reappoints P R Ramesh as Independent Director for Second Term
Crompton Greaves Consumer Electricals Limited's board approved the re-appointment of Mr. P R Ramesh as Non-Executive Independent Director for a second term from May 21, 2026 to January 16, 2030, subject to shareholder approval. The decision was made during a board meeting on February 06, 2026, based on the Nomination & Remuneration Committee's recommendation. Mr. Ramesh, a Fellow Chartered Accountant with over 40 years of experience and former Deloitte director, currently serves on multiple reputed company boards and brings extensive expertise in corporate governance to his continued role.
 no imag found
06Feb 26
Crompton Greaves Consumer Electricals Announces Launch of Insulated Cables Product Range
Crompton Greaves Consumer Electricals Limited announced the launch of Insulated Cables (Electrical Wires & Cables) product range scheduled for end of March 2026. The company made this disclosure under Regulation 30 of SEBI LODR as part of good corporate governance practices, targeting the domestic market exclusively. While the product launch has not triggered materiality thresholds, the voluntary disclosure reflects the company's commitment to transparency and expansion in the electrical infrastructure segment.
 no imag found
06Feb 26
Crompton Greaves Consumer Electricals Announces Q3FY26 Results Under Regulation 33
Crompton Greaves Consumer Electricals Limited announced Q3FY26 quarterly results under Regulation 33, showing consolidated revenue growth of 7.30% to ₹1,898.30 crores but net profit decline of 9.80% to ₹101.00 crores. The company reported exceptional items of ₹20.04 crores due to new labour codes compliance and board approved postal ballot notice for director reappointment.
 no imag found
30Jan 26
Crompton Greaves Launches OZONEPAC Personal Air Cooler for Domestic Market
Crompton Greaves Consumer Electricals Limited launched its OZONEPAC personal air cooler on January 30, 2026, targeting the domestic home appliances market. The company disclosed this launch under SEBI Regulation 30 as part of good corporate governance practices, even though it did not meet materiality thresholds. The disclosure was filed with BSE and NSE under reference number 150/2025-26, signed by Company Secretary Rashmi Khandelwal.
 no imag found
27Jan 26
Crompton Greaves Receives CRISIL AA+/Stable Rating for Rs. 1,950 Crore Bank Facilities
Crompton Greaves Consumer Electricals Limited received updated credit ratings from CRISIL on January 27, 2026, with AA+/Stable rating assigned to Rs. 975 crore long-term bank facilities and A1+ rating to Rs. 975 crore short-term bank facilities. CRISIL withdrew its AA+/Stable rating for Rs. 300 crore Non-Convertible Debentures following their complete redemption on July 22, 2025.
 no imag found
23Jan 26
Crompton Greaves Launches Tablight 200W LED Flood Lights for Domestic Market
Crompton Greaves Consumer Electricals Limited launched Tablight 200W LED Flood Lights on January 23, 2026, for the domestic B2C lighting market. The disclosure was made under SEBI regulations as part of good corporate governance practices, despite not meeting materiality thresholds. The product strengthens the company's LED lighting portfolio and targets domestic market requirements.
 no imag found
19Jan 26
Crompton Greaves Consumer Electricals Schedules Q3FY26 Earnings Call for February 6, 2026
Crompton Greaves Consumer Electricals Limited has scheduled its Q3FY26 earnings call for February 6, 2026, at 4:30 PM IST to discuss unaudited financial results for the quarter and nine months ended December 31, 2025. The call will be hosted by Ambit Capital via Zoom platform and feature key executives including MD & CEO Promeet Ghosh and CFO Kaleeswaran Arunachalam. The announcement was made in compliance with SEBI regulations through official communication to BSE and NSE on January 19, 2026.
 no imag found
14Jan 26
Crompton Greaves Ordered to Pay ₹12,620 Compensation by Consumer Commission
Crompton Greaves Consumer Electricals has disclosed a consumer commission order requiring payment of ₹12,620 total compensation (₹7,620 compensation plus ₹5,000 for mental agony) related to a defective pump complaint. The District Consumer Commission in Saharsa, Bihar passed the order on October 14, 2025, which was received by the company on January 13, 2026. The company has stated there is no material impact on its financials or operations from this order.
 no imag found
09Jan 26
Crompton Greaves Launches 70W and 80W Dynaray LED Lamps for Domestic Market
Crompton Greaves Consumer Electricals Limited launched 70W and 80W Dynaray LED Lamps on January 09, 2026, for the domestic B2C lighting market. The company disclosed this product launch under SEBI Regulation 30 as part of good corporate governance practices, even though it did not meet materiality thresholds. Both LED lamp variants are exclusively targeted at the domestic market with no immediate international availability planned.
 no imag found
31Dec 25
Crompton Greaves Consumer Electricals Receives ₹33.58 Lakh GST Demand Order from Bengaluru Authorities
Crompton Greaves Consumer Electricals Limited disclosed receiving a ₹33.58 lakh GST demand order from Bengaluru tax authorities for alleged excess ITC claims during April 2021-March 2022. The demand includes ₹19.47 lakhs in tax, ₹12.14 lakhs in interest, and ₹1.97 lakhs in penalty. The company plans to appeal the order and expects no material impact on its financial operations.
 no imag found
30Dec 25
Crompton Greaves Consumer Electricals Officially Launches Star Lord Pro Panels
Crompton Greaves Consumer Electricals Limited has officially completed the launch of its Star Lord Pro Panels on December 29, 2025, as confirmed through regulatory disclosure under SEBI Regulation 30. The 15W panels target the domestic B2C lighting market and represent the company's continued expansion in consumer electrical products.
 no imag found
26Dec 25
Crompton Greaves Consumer Electricals Receives Buy Rating with ₹340 Target Price
Crompton Greaves Consumer Electricals Ltd receives Buy rating with ₹340.00 target price against current ₹256.85. The company's Crompton 2.0 transformation focuses on premiumisation and solar expansion. Solar rooftop business has built ₹500.00 crore order pipeline with 50,000+ units, while solar pumps achieved 100% YoY growth and 6-8% market share within two years.
 no imag found
26Dec 25
Crompton Greaves Consumer Electricals Appoints Anita Pansar as Chief Technology Officer
Crompton Greaves Consumer Electricals Limited appointed Ms. Anita Pansar as Head Innovation & Chief Technology Officer effective January 2, 2026. The Board approved the appointment on December 26, 2025, following Nomination and Remuneration Committee recommendations. Ms. Pansar brings 25+ years of global R&D experience from Philips Healthcare, Mercedes-Benz, Cummins, Eaton, and Atlas Copco, with qualifications from Harvard Business School and Stanford Online.
 no imag found
24Dec 25
Crompton Greaves Secures ₹46.20 Crore Solar Water Pumping Contract from MSEDCL
Crompton Greaves Consumer Electricals has won a significant ₹46.20 crore contract from Maharashtra State Electricity Distribution Company Limited for supplying 2000 solar photovoltaic water pumping systems. The EPC contract covers design, manufacture, supply, installation, and commissioning across various Maharashtra locations under the PM-KUSUM scheme, with a 60-day execution timeline from Notice to Proceed.
 no imag found
22Dec 25
Crompton Greaves Consumer Electricals Faces ₹3.34 Crore GST Demand After Partial Appeal Rejection
Crompton Greaves Consumer Electricals Limited received a partially adverse order from the Commissioner (Appeals), upholding a GST demand of ₹3.34 crores for FY 2019-20. The demand includes ₹1.57 crores in tax, ₹1.61 crores in interest, and ₹15.72 lakhs in penalties. The issue stems from disallowed input tax credit due to mismatches between GSTR3B and GSTR2A forms. The company plans to appeal the decision, expressing confidence in a favorable outcome. Despite the potential financial impact, Crompton Greaves states there is no material impact on its operations or activities.
 no imag found
22Dec 25
Crompton Greaves Gets Patent for Energy-Saving Ceiling Fan and AC Technology
Crompton Greaves Consumer Electricals Limited has obtained a patent for innovative energy-saving cooling technology that intelligently integrates ceiling fan and air conditioner operations based on environmental conditions. The patent, numbered 576195 and valid for 20 years, strengthens the company's intellectual property portfolio in the consumer electricals segment.
 no imag found
18Dec 25
Pudumjee Paper Products Appoints Shailaja Nair as Independent Director
Pudumjee Paper Products Limited has appointed Mrs. Shailaja Nair as Non-Executive Independent Director for a five-year term starting November 14, 2025, approved through postal ballot. With over 30 years of experience in financial services, ESG strategy, and corporate governance, she previously served as Executive Committee Member at AXA Global Business Services and currently works as a consultant focusing on governance and business transformation.
 no imag found
12Dec 25
Crompton Greaves Consumer Electricals Receives ₹1.50 Lakh GST Demand Notice from Kerala Authorities
Crompton Greaves Consumer Electricals Limited has received a GST demand order of ₹1.50 lakh from Kerala tax authorities for alleged short liability under the reverse charge mechanism during FY 2021-22. The demand includes ₹78,770 in tax, ₹51,742 in interest, and ₹20,000 in penalties. The company plans to challenge the order through the appellate process, citing the merits of the case and prevailing law. This disclosure was made in compliance with SEBI regulations.
 no imag found
11Dec 25
Crompton Greaves Secures ₹287.18 Crore Solar Water Pumping Systems Contract from MSEDCL
Crompton Greaves Consumer Electricals Limited has secured a ₹287.18 crore contract from MSEDCL for 1,214 solar water pumping systems under the PM-KUSUM scheme across Maharashtra. The EPC project involves complete design, manufacture, supply, installation, testing and commissioning of solar water pumping systems with PV modules, to be executed within 60 days of receiving the Notice to Proceed.
 no imag found
11Dec 25
Crompton Greaves Opens Special Window for Physical Share Transfer Re-lodgement Till January 2026
Crompton Greaves Consumer Electricals has opened a special 6-month window from July 7, 2025 to January 6, 2026 for re-lodgement of physical share transfer requests following SEBI guidelines. The facility covers transfer deeds lodged prior to April 1, 2019 that were rejected or returned due to documentation issues, with shares to be issued only in dematerialized mode.
 no imag found
07Nov 25
Crompton Greaves Consumer Reports Stable Q2 FY26 Revenue Amid Challenging Market Conditions
Crompton Greaves Consumer Electricals Ltd (CGCEL) reported Q2 FY26 consolidated revenue of ₹1,916.00 crore, a 1% year-on-year growth. Adjusted EBITDA was ₹158.00 crore with an 8.3% margin, while adjusted PAT stood at ₹91.00 crore. The Electric Consumer Durables segment saw a 1.5% decline, but pumps and small appliances performed well. Lighting segment grew 3.1%, and Butterfly subsidiary reported 14% growth. CGCEL secured ₹500.00 crore in solar rooftop orders and restructured its Vadodara plant operations.
 no imag found
06Nov 25
Crompton Greaves Targets ₹2,000 Crore Revenue from Solar Business, Secures Major Rooftop Orders
Crompton Greaves Consumer Electricals Limited aims to generate ₹2,000 crore in revenue from solar pumps and rooftop projects over the next 18-24 months. The company secured major solar rooftop orders worth nearly ₹500 crore in Telangana and Andhra Pradesh. Crompton has already executed solar pump orders worth ₹372 crore and installed about 60 MW of solar pumps. The company is enhancing its execution capabilities in design, procurement, quality assurance, and after-sales service to support growth in the solar sector. In Q2, Crompton reported consolidated revenue of ₹1,916 crore with a 1% year-on-year growth, while facing challenges in certain segments due to adverse conditions.
 no imag found
06Nov 25
Crompton Greaves Consumer Electricals Reports Mixed Q2 Results Amid Restructuring
Crompton Greaves Consumer Electricals Ltd (CGCEL) reported mixed Q2 results with marginal revenue growth to ₹1,915.57 crore but a 41.1% drop in net profit to ₹75.42 crore. The Butterfly Products segment grew 13.2%, while Electric Consumer Durables declined 1.5%. EBITDA fell to ₹158.00 crore with margin compression to 8.27%. An exceptional charge of ₹20.36 crore was reported for restructuring the Vadodara plant. The company maintained a strong balance sheet with total assets at ₹6,002.05 crore and redeemed ₹300.00 crore of Non-Convertible Debentures in July.
 no imag found
27Oct 25
Crompton Greaves Secures Massive ₹445 Crore Solar Rooftop Project
Crompton Greaves Consumer Electricals has secured a significant solar rooftop project worth ₹445 crores, covering over 40,000 homes. This marks the company's largest project in its portfolio, achieved just two months after entering the solar market. The project demonstrates Crompton Greaves' rapid expansion and adaptability in the renewable energy sector.
 no imag found
24Oct 25
Crompton Greaves Secures ₹445 Crore Solar Installation Contract in Andhra Pradesh
Crompton Greaves Consumer Electricals Limited has won a ₹445.04 crore contract from NREDCAP for installing 2KW solar rooftop systems for 38,699 SC and ST users in Andhra Pradesh. The project, part of the PM-Surya Ghar Muft Bijli Yojna, involves setting up 77.40 MWp grid-connected RTS plants across five divisions. The contract includes a 5-year operation and maintenance period and is expected to be completed in about 6 months.
 no imag found
20Oct 25
Crompton Greaves Consumer Electricals Shareholders Approve Appointment of Sundaram Damodarannair as Director
Crompton Greaves Consumer Electricals Limited (CGCEL) announced the results of a postal ballot, revealing strong shareholder support for appointing Mr. Sundaram Damodarannair as a Non-Executive Non-Independent Director. The resolution passed with 97.79% of votes in favor, with 78.02% of total shares participating in the vote. Public institutions showed 97.77% support, while public non-institutions demonstrated 99.79% approval. The voting period ran from September 20 to October 19, 2025, and the company has complied with regulatory requirements by submitting results to stock exchanges and making the scrutinizer's report available on their website.
 no imag found
08Oct 25
Crompton Greaves Secures ₹515.9 Million Solar Rooftop Order in Telangana
Crompton Greaves Consumer Electricals Limited has won its first major contract in the solar energy sector, securing an order worth ₹515.90 million for supplying solar rooftop equipment in Telangana. The order includes solar modules, inverters, ACDB, and DCDB. This milestone marks the company's successful entry into the solar rooftop business, demonstrating its ability to compete in the renewable energy market and potentially opening new growth avenues.
 no imag found
20Sept 25
Crompton Greaves Secures Rs 4.28 Crore Solar Water Pumping Contract in Madhya Pradesh
Crompton Greaves Consumer Electricals Limited has been awarded a contract worth Rs 4.28 crore by Madhya Pradesh Urja Vikas Nigam Limited. The project involves designing, manufacturing, and installing 196 Off-grid DC & AC Solar Photovoltaic Water Pumping Systems under the PM KUSUM-B scheme. The company is required to complete the project within 120 days of receiving the work order. This contract aligns with India's push for sustainable energy solutions in agriculture and strengthens Crompton's position in the renewable energy market.
 no imag found
19Sept 25
Crompton Greaves Seeks Shareholder Approval for Strategic Board Appointment
Crompton Greaves Consumer Electricals Limited has issued a postal ballot notice for shareholder approval to appoint Mr. Sundaram Damodarannair as a Non-Executive Non-Independent Director. Mr. Sundaram, currently an Independent Director, is set to transition to this new role after completing his second term on September 17, 2025, until he reaches retirement age on April 16, 2028. The company cites the need for strategic continuity, board stability during leadership transitions, and Mr. Sundaram's extensive experience and institutional knowledge as reasons for this move. E-voting for shareholders is scheduled from September 20 to October 19, 2025, with results to be announced by October 21, 2025.
 no imag found
15Sept 25
Crompton Greaves Appoints Sundaram Damodarannair as Non-Independent Chairman
Crompton Greaves Consumer Electricals Ltd has appointed Mr. Sundaram Damodarannair as the new Chairman of the Board in a non-independent capacity, effective September 18, 2025. He will serve as an Additional Non-Executive, Non-Independent Director until April 15, 2028, subject to shareholder approval. The company has restructured five key committees and approved a new Board Diversity Policy. Mr. Damodarannair brings extensive experience from his career at Hindustan Unilever Limited and other prominent roles.
 no imag found
12Sept 25
Crompton Greaves Shareholders Overwhelmingly Approve Alteration of Memorandum Object Clause
Crompton Greaves Consumer Electricals Limited successfully completed a postal ballot process to alter the Object Clause of its Memorandum of Association. The special resolution passed with overwhelming shareholder support, with 99.997% of votes in favor. The voting period ran from August 14 to September 12, with 77.56% of total shares participating. This corporate action could potentially broaden the company's business scope. Additionally, Crompton Greaves received a tax demand of INR 97,60,458 from Bihar authorities, which it plans to appeal, and secured empanelment for a solar project in Madhya Pradesh worth approximately INR 4.76 crore.
 no imag found
12Sept 25
Crompton Greaves Secures Rs 4.76 Crore Solar Water Pumping Systems Order in Madhya Pradesh
Crompton Greaves Consumer Electricals Limited has received a Letter of Empanelment from Madhya Pradesh Urja Vikas Nigam Limited for supplying and installing 232 off-grid DC & AC Solar Photovoltaic Water Pumping Systems. The order, valued at approximately Rs 4.76 crore (excluding GST), is part of the PM KUSUM B scheme implemented as PM Krishak Mitra Surya Yojana in Madhya Pradesh. The project, to be completed within 120 days, includes systems with capacities ranging from 2 HP to 7.5 HP. This order aligns with the government's renewable energy initiatives for the agricultural sector.
 no imag found
02Sept 25
Crompton Greaves Secures ₹42.4 Million Solar Systems Order in Madhya Pradesh
Crompton Greaves Consumer Electricals Limited has won a contract worth ₹42.40 million from Madhya Pradesh Urja Vikas Nigam Limited. The order involves designing, manufacturing, and installing 159 Off-grid DC & AC Solar Photovoltaic Water Pumping Systems with capacities ranging from 2 HP to 7.5 HP. This project is part of the PM KUSUM B scheme, implemented as 'PM Krishak Mitra Surya Yojana' in Madhya Pradesh. The contract is to be executed within 60 days of work order issuance.
 no imag found
13Aug 25
Crompton Greaves Secures Multiple Solar Water Pumping Contracts in Maharashtra and Madhya Pradesh
Crompton Greaves Consumer Electricals Limited has won two significant contracts for solar water pumping systems. In Maharashtra, the company received an order worth ₹49 crore from MSEDCL for 1,884 off-grid solar photovoltaic water pumping systems. In Madhya Pradesh, Crompton secured a ₹14.98 crore contract from MP Urja Vikas Nigam Limited for 452 similar systems. Both orders are part of the PM Kusum Scheme B, aimed at promoting solar energy in agriculture. The contracts include various pump capacities and come with implementation timelines and warranty periods.
 no imag found
Crompton Greaves
231.00
+1.00
(+0.43%)
1 Year Returns:-27.31%
Industry Peers
LG Electronics
1,636.80
(-0.80%)
Voltas
1,165.00
(+0.56%)
Blue Star
1,558.00
(+2.91%)
Amber Enterprises
7,245.00
(-0.48%)
Crompton Greaves
231.00
(+0.43%)
V-Guard Industries
323.70
(-1.54%)
Whirlpool
762.35
(-4.19%)
Eureka Forbes
394.15
(-0.81%)
TTK Prestige
537.30
(-0.54%)
IFB Industries
1,300.10
(+1.32%)