Crompton Greaves Share Jumps 6% Post Q4 Results, Reaches Two-Week High; Should You Buy This BSE Mid-cap Stock?

On Friday, the share price of Crompton Greaves Consumer Electronics surged by nearly 6%, reaching Rs 345.0. This increase contributed to a modest 0.3% rise in the Bombay Stock Exchange (BSE) Consumer Durables index, which now stands at 59,332.2.

Crompton Greaves Share Price Today

As of 11:05 am on May 16, shares of Crompton Greaves Consumer Electricals Ltd were trading at Rs 345.00, up Rs 17.60 or 5.38% for the day. The stock opened at Rs 339.35, hit an intraday high of Rs 348.00, and a low of Rs 338.30. The company currently has a market capitalization of Rs 22,260 crore. Its price-to-earnings (P/E) ratio stands at 42.26, and it offers a dividend yield of 0.87%. Over the past 52 weeks, the stock has traded between a high of Rs 484.00 and a low of Rs 301.00.

BSE Consumer Index Latest Trends : Top Gainers Today

Among the notable gainers in the index were Rajesh Exports, up 3.6%, and Amber Enterprises India, up 1.6%, while Blue Star and Titan declined by 0.6% and 0.5%, respectively. Over the past year, Crompton's stock has grown by 2.6%, moving from Rs 333.3 to Rs 342.0. The overall Consumer Durables index also showed a 13.1% increase, rising from 52,446.8 to 59,332.2. Dixon Technologies, Amber Enterprises India, and Titan led the index gains with returns of 106.0%, 70.3%, and 10.1%, respectively.

Indian Stock Market Today

The broader market showed a mixed trend. The BSE Sensex dropped by 0.2% to 82,335.5, while the NSE Nifty slipped by 0.2% to 25,013.5. Bharti Airtel and IndusInd Bank were among the top losers in both indices, falling by 2.5% and 2.3%, respectively.

Crompton Greaves Q4 Results 2025 Highlights

Crompton Greaves Net Profit in Q4 FY25: Crompton Greaves Consumer Electronics reported a strong performance in its Q4 FY25 results. Net profit rose by 28.7% year-on-year to Rs 1,717 million, compared to Rs 1,334 million in the same quarter last year. Net sales also increased by 5.1%, reaching Rs 20,606 million from Rs 19,610 million.

However, for the full year ended March 2024, the company saw a 7.3% decline in net profit to Rs 4,418 million from Rs 4,764 million in FY23, despite a 6.5% increase in annual revenue to Rs 73,128 million. Crompton's current price-to-earnings ratio, based on the trailing 12 months of earnings, stands at 39.0.

Crompton Greaves Revenue and Segment-wise Performance

Revenue from operations in Q4 rose by 5.08% to Rs 2,060.64 crore, up from Rs 1,961 crore a year earlier. The electric consumer durables segment, which includes fans and appliances, grew by 5.73% to Rs 1,602.92 crore. However, growth in this segment was slower than the 14.3% recorded in the previous year due to delayed summer conditions that impacted fan sales.

The lighting products business saw a slight decline of 1.8% in revenue to Rs 276.07 crore. Crompton's subsidiary, Butterfly, which was acquired in February 2022, posted a strong 18.13% growth in revenue to Rs 181.65 crore. Having undergone a transition over the last few quarters, Butterfly has now recovered, and the company expects it to deliver mid-teen revenue growth and double-digit margins over the next 2-3 years.

Should You Buy Crompton Shares Today? Get Top Market Expert's Rating

Following the Q4 results, domestic brokerage firm Nuvama Institutional Equities maintained its 'Buy' rating on Crompton Greaves, with a target price of Rs 460 per share. The brokerage is optimistic about Crompton's entry into the rooftop solar segment, viewing it as a long-term opportunity that could improve margins.

Additionally, Crompton has announced a capital expenditure plan of Rs 3.5 billion over the next 2-3 years to set up a new greenfield manufacturing facility. The first phase will focus on expanding fan production and other product lines, signaling confidence in future demand. The brokerage highlighted that Crompton's strategic investments, growth in new business areas, and the successful turnaround of Butterfly position the company well for long-term growth.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.