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%.
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.
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.
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.
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.
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.
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.
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.