Crompton Greaves Consumer Electricals Ltd Share Price – NSE  / BSE

Consumer Durables, Small Cap

As per the company?s exchange filing, the order covers the design, manufacture, supply, installation, testing and commissioning of 1,214 solar photovoltaic water pumping systems with PV modules. The project will be executed across multiple locations in Maharashtra under the MTSKPY/PM-KUSUM scheme.

The work is scheduled to commence within 60 days from the issue of the notice to proceed or work order.

The company also clarified that neither its promoters nor members of the promoter group have any interest in the awarding entity, confirming that the transaction does not qualify as a related-party deal under regulatory norms.

Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products, ranging from fans, lamps and luminaries to pumps and household appliances such as water heaters, coolers, mixer grinders and irons.

The company?s standalone net profit fell 43.13% to Rs 70.10 crore in Q2 FY26 as against Rs 123.28 crore posted in Q2 FY25. Revenue from operations declined marginally to Rs 1,631.73 crore in Q2 FY26 as against Rs 1,645.33 crore in the quarter ended 30 September 2024.

The counter rose 0.40% to Rs 252.55 on the BSE.

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Revenue from operations declined marginally to Rs 1,631.73 crore in Q2 FY26 as against Rs 1,645.33 crore in the quarter ended 30 September 2024.

Profit before exceptional items and tax fell 30.47% year-on-year to Rs 114.43 crore in Q2 FY26. The company reported an exceptional item of Rs 20.36 crore during the quarter.

EBITDA stood at Rs 130 crore in Q2 FY26, recording a de-growth of 27.9% as compared with Rs 180 crore registered in Q2 FY25.

On the segmental front, the ECD business reported a 2% year-on-year decline in revenue to Rs 1,371 crore with an EBIT margin of 10.6% in Q2. The decline was largely on account of adverse weather conditions. Pumps and Small Domestic Appliances (SDA) delivered strong performances, while Fans and Large Domestic Appliances (LDA) offtake continued to remain subdued. Pumps recorded strong growth, led by good solar pump performance, and the order pipeline continues to be robust. The SDA segment continued to grow well, driven by new launches and effective festive campaigns.

The lighting segment reported revenue of Rs 261 crore, up 3.1% year-on-year, with volume growth rebounding to high-teens. B2C growth was driven by ceiling lights and street/floodlight segments, while B2B growth continued with key wins across major projects.

Butterfly Gandhimathi Appliances reported revenue of Rs 293 crore, reflecting strong 14% year-on-year growth. EBITDA grew by 21% year-on-year, driven by gross margin improvement. Core categories delivered double-digit growth, supported by sustained volume growth and new product launches. The ?Idea First? Series, a premium range introduced last quarter, gained traction, and premium offerings led to disproportionate growth in e-commerce, modern trade, and regional chain stores.

On a consolidated basis, the company?s net profit fell 43.01% to Rs 71.17 crore in Q2 FY26 as against Rs 124.90 crore in Q2 FY25, while revenue from operations rose 1.02% year-on-year to Rs 1,915.57 crore in the quarter ended 30 September 2025.

Promeet Ghosh, MD & CEO, said, ?Despite a challenging environment, our well-diversified product portfolio remained resilient with strong momentum in pumps, small domestic and kitchen appliances. We believe GST 2.0 will act as a structural catalyst to consumption, with benefits percolating to the durables segment in a phased manner.

Despite a challenging environment, our well-diversified product portfolio remained resilient with strong momentum in pumps, small domestic and kitchen appliances. We believe GST 2.0 will act as a structural catalyst to consumption, with benefits percolating to the durables segment in a phased manner.

We remain committed to strengthening the ?Crompton? brand, continued expansion of distribution, focused innovation, enhancing manufacturing capabilities, and investing in our people?ensuring we are wellpositioned to capture future opportunities and sustain long-term growth.?

Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products, ranging from fans, lamps and luminaries to pumps and household appliances such as water heaters, coolers, mixer grinders and irons.

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Net profit of Crompton Greaves Consumer Electricals declined 43.02% to Rs 71.17 crore in the quarter ended September 2025 as against Rs 124.90 crore during the previous quarter ended September 2024. Sales rose 1.02% to Rs 1915.57 crore in the quarter ended September 2025 as against Rs 1896.15 crore during the previous quarter ended September 2024.

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The order was received from the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP).

The 77.40 MW project, valued at Rs 445.03 crore, involves the design, engineering, supply, installation, testing, and commissioning of 2KW solar rooftop systems.

Under this utility led aggregation (CAPEX) model, Crompton will solarize 38,699 SC & ST consumers, focusing on extending clean energy access to underserved communities.

The project is expected to be completed within approximately six months. Being a domestic order, the contract does not involve any related-party transactions, and Crompton?s promoters and group companies have no interest in NREDCAP.

Crompton Greaves Consumer Electricals is one of the leading consumer companies in India with a brand legacy of over 75 years. It is an independent company under professional management, operating in two business segments: lighting and electrical consumer durables. We market our products under the ?Crompton? brand name in India and select export markets.

The company?s consolidated net profit tanked 19.4% to Rs 122.29 crore on a 6.5% decline in revenue from operations to Rs 1,998.34 crore in Q1 FY26 over Q1 FY25.

Shares of Crompton Greaves Consumer Electricals shed 0.34% to Rs 289.90 on the BSE.

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