Announcement under Regulation 30 (LODR)-Press Release / Media Release 24 Sep - Crompton launches Galaxy Festive Lights range across India with prices from ₹799 to ₹2,499.
Source: Bse
Consumer stocks · Small cap · NSE
Crompton Greaves Consumer Electricals Ltd. operates in consumer durables, including fans, pumps, lighting, and kitchen appliances. It aims for leadership in core categories and expansion into new growth areas like solar pumps, solar rooftops, and wires & cables, leveraging its brand legacy and distribution network.
full bear SMA stack · SMA20 -8.6% / mo · MACD + · near 52W low · sector -3.7pp vs Nifty 500 (3M)
Latest mapped FPI equity flow was not positive. View sector evidence
Adjusted completed-session prices, rebased to 100
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Revenue +0.8% · PAT +46.7% YoY
Price trend and sector-relative-strength timing.
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Financial-only signal; management claim evidence is not sufficient yet.
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Rev +1% YoY · PAT +47% YoY · margin expansion · operating leverage
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,932.3 Cr | +0.8% | -4.5% |
| EBITDA | ₹171.9 Cr | +8.8% | -17.4% |
| Operating margin | 8.9% | +90 bps | -139 bps |
| PAT | ₹110 Cr | +46.7% | -21.6% |
| PAT margin | 5.7% | +178 bps | -125 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Updated 20/10/2026
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Signals are conflicting — long-term trend down. RSI 40. Wait for confirmation.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
U-Score 31 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Top U-Score contributors and drags from the latest stored fundamentals.
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
12 stored score snapshots. Latest stored move: +0 points.
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Growth engines, risks, management commitments and evidence-backed delivery
Q4 FY26 consolidated revenue grew 10.8% YoY, driven by strong sequential recovery across segments. EBITDA margin stood at 11.9%, impacted by commodity costs. A significant Rs. 716 Cr impairment charge was recorded for the Butterfly business.
The significant impairment charge on the Butterfly business raises concerns about acquisition due diligence and integration effectiveness, putting the thesis under stress. While Q4 showed recovery, the 'Strategic Reset' for Butterfly needs to demonstrate sustained operational and financial improvement to justify the investment.
Successfully launched 'Crompton Armor' in Mar'26, with retail rollout in select cities, clocking revenues within ~60 days.
Continued execution of existing projects, with phased city-wise retail rollout commencing Apr'26 across select cities.
Sequential improvement in fans performance, supported by strong BLDC growth with highest ever volumes in Mar'26.
Strong revenue trajectory continues with 17% growth, led by cookers and gas stoves, and the 'Idea First Series'.
Successfully launched residential wires 'Crompton Armor' in Tamil Nadu and Karnataka markets.
Phased city-wise retail rollout commencing Apr'26 across select cities for solar rooftops.
Ongoing heatwaves are expected to support future performance and lift cooling-appliance demand.
LPG supply constraints boosted demand for the electric cooking category, including induction cooktops, kettles, and electric cookers.
Rural consumption momentum continues, led by affordability-driven demand and increased adoption of value-focused offerings.
Private consumption-led demand, supported by urban strength, steady credit growth, and monetary easing, boosts discretionary spends.
Increased commodity costs and other expenses impacted EBITDA margin, requiring calibrated price hikes.
Global growth is subdued, and India's resilient growth faces downside risks from geopolitical tensions and commodity volatility.
BEE Ratings Upgrade and EPR Mechanisms compel brands to invest in engineering and product-lifecycle practices.
Undertook an impairment charge of Rs. 716 Cr in Q4 FY26 to reflect value in use of Butterfly business, indicating past execution and governance issues.
Material margins were impacted by persistent cost pressures, necessitating multiple price hikes to mitigate inflation.
The evolving consumer durables industry, with new technologies and consumer preferences, requires continuous innovation and GTM excellence.
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
YoY comparison is crucial for understanding performance against the previous year, especially for a seasonal business like consumer durables where Q4 is typically strong. QoQ is vital to assess the 'strong sequential recovery' claimed by management and sequential momentum after a weak H1 FY26.
Consolidated revenue grew 10.8% YoY in Q4 FY26, with 20.3% QoQ growth.
ECD revenue grew 9.5% YoY in Q4 FY26, registering double-digit growth across product categories led by pumps, SDA, and fans.
Lighting revenue grew 14.3% YoY in Q4 FY26, driven by strong double-digit volume growth in both B2C and B2B segments.
Butterfly revenue grew 16.8% YoY in Q4 FY26, with cookers and gas stoves continuing to drive growth.
Strategic reset to unlock long-term value through the Butterfly business, focusing on consumer need-led innovation, premiumization, supply chain, GTM excellence, and digital enablement.
Embarked on a GTM transformation journey to further strengthen distribution and accelerate the multi-category portfolio across all channels.
Launched 57 new projects across categories in Q4 FY26, including premium fans, agri pumps, water heaters, and kitchen appliances.
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Butterfly Business Performance | Revenue grew 17% YoY, EBIT margin 6.0% in Q4 FY26, after Rs. 716 Cr impairment. | Sustained revenue growth, margin expansion, and successful execution of the 'New Growth playbook' to justify the acquisition and strategic reset. |
| Wires & Cables Rollout | Successfully launched 'Crompton Armor' in select cities (Tamil Nadu, Karnataka). | Expansion into new geographies, revenue contribution, and market acceptance to leverage brand equity and distribution network. |
| Material Margin Trend | Consolidated Material Margin 31.6% in Q4 FY26, down from 34.0% YoY. | Improvement in material margins through cost reduction initiatives and effective pricing actions to offset commodity volatility. |
| BLDC Fan Growth | Strong BLDC growth with highest ever volumes in Mar'26, driving premiumization. | Continued market share gains and premiumization driven by BLDC adoption to maintain leadership in the fans category. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 81st percentile of the scored universe and 84th percentile within Consumer. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
overall median 67 · Consumer: 84th pctile, median 66 · Small: 83rd pctile, median 66
203 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Latest exchange and company disclosures found within the past two years.
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