Crompton Greaves Consumer Electricals Ltd (CGCEL), based in Mumbai, is a distinguished Indian electrical equipment company with a rich legacy of over 85 years. Known for its leadership in the consumer durables and lighting sector, Crompton has established itself as a household name by offering a diverse range of high-quality products, including LED lighting, fans, pumps, water heaters, air coolers, and kitchen appliances. The company’s commitment to innovation is evident in its continuous efforts to integrate cutting-edge technology into its products, focusing on areas such as energy efficiency, healthy living, the Internet of Things (IoT), and smart connectivity solutions that enhance customer experience and align with modern lifestyle needs.
Beyond product innovation, Crompton is deeply committed to sustainability, aligning its operations and strategies with the United Nations Sustainable Development Goals (SDGs). The company actively seeks to minimize its environmental footprint by reducing energy and water consumption, investing in renewable energy sources, and supporting initiatives that benefit local communities. Crompton’s sustainable practices extend to its product design and manufacturing processes, ensuring that the brand not only meets customer expectations for quality and performance but also contributes positively to the environment and society. Through its enduring focus on innovation, quality, and sustainability, Crompton continues to build on its reputation as a trusted and forward-thinking leader in the electrical equipment industry, committed to creating a brighter, more sustainable future.
Shareholding Patterns of Crompton Greaves Consumer Electricals Ltd
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| FIIs + | 35.00% | 35.66% | 35.58% | 32.18% | 34.37% |
| DIIs + | 48.49% | 47.46% | 47.75% | 51.47% | 51.63% |
| Government + | 0.23% | 0.23% | 0.23% | 0.00% | 0.00% |
| Public + | 16.30% | 16.65% | 16.42% | 16.36% | 14.01% |
| No. of Shareholders | 2,31,600 | 2,45,776 | 2,53,625 | 2,49,391 | 2,16,741 |
The shareholding pattern of Crompton Greaves Consumer Electricals Ltd (CGCEL) reveals a dynamic mix of institutional and retail investors over the period from June 2023 to June 2024. Throughout this period, the Promoters have consistently held no shares, maintaining a 0.00% stake in the company. Foreign Institutional Investors (FIIs) have shown fluctuations in their holdings, starting at 35.00% in June 2023, peaking at 35.66% in September 2023, and then decreasing to 32.18% by March 2024, before slightly rising again to 34.37% in June 2024. Domestic Institutional Investors (DIIs) have steadily increased their stake, moving from 48.49% in June 2023 to 51.63% by June 2024, indicating a growing interest and confidence in the company from local institutional investors.
Government shareholding remained minimal, starting at 0.23% from June 2023 to December 2023, but was entirely divested by March 2024. The Public shareholding has also shown a downward trend, reducing from 16.30% in June 2023 to 14.01% by June 2024. The number of shareholders experienced significant fluctuation, beginning at 231,600 in June 2023, increasing to 253,625 by December 2023, and then declining to 216,741 by June 2024. This changing pattern reflects shifts in investor sentiment, where institutional investors, especially DIIs, have strengthened their position, while retail or public investors have reduced their participation.
How to buy Crompton Greaves Consumer Electricals shares?
You can buy Crompton Greaves Consumer Electricals shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Crompton Greaves Consumer Electricals: 2024 to 2030
Crompton Greaves Consumer Electricals Share Price Target 2024
| When | Maximum Price | Minimum Price |
| September 2024 | 488.55 | 424.83 |
| October 2024 | 483.72 | 420.62 |
| November 2024 | 503.07 | 437.45 |
| December 2024 | 508.10 | 441.82 |
In 2024, Crompton Greaves Consumer Electricals Ltd’s share price is anticipated to exhibit a generally upward trend. Starting in September, the price is expected to peak at ₹488.55, with a minimum of ₹424.83. This upward movement continues into October, despite a slight dip, with maximum and minimum values projected at ₹483.72 and ₹420.62, respectively. November sees a rebound, with the share price forecasted to reach a maximum of ₹503.07 and a minimum of ₹437.45. By December, the price is expected to rise further, reaching a peak of ₹508.10 and a minimum of ₹441.82.
Crompton Greaves Consumer Electricals Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 513.18 | 394.75 |
| February 2025 | 518.36 | 398.74 |
| March 2025 | 529.25 | 407.11 |
| April 2025 | 524.01 | 403.08 |
| May 2025 | 508.74 | 391.34 |
| June 2025 | 531.64 | 408.95 |
| July 2025 | 521.21 | 400.93 |
| August 2025 | 537.33 | 413.33 |
| September 2025 | 543.78 | 418.29 |
| October 2025 | 557.92 | 429.17 |
| November 2025 | 571.87 | 439.90 |
| December 2025 | 597.60 | 459.69 |
In 2025, Crompton Greaves Consumer Electricals Ltd is projected to have a maximum share price of ₹513.18 in January and a minimum of ₹394.75. The maximum price is expected to increase to ₹518.36 in February and ₹529.25 in March. By April, it is forecasted to be ₹524.01, and in May, the maximum may reach ₹508.74. June could see a peak of ₹531.64, rising to ₹537.33 in August. The share price is anticipated to reach ₹543.78 in September, ₹557.92 in October, ₹571.87 in November, and potentially ₹597.60 by December, with the minimum price increasing accordingly throughout the year.
Crompton Greaves Consumer Electricals Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 615.53 | 473.48 |
| February 2026 | 600.14 | 461.65 |
| March 2026 | 612.14 | 470.88 |
| April 2026 | 624.64 | 480.49 |
| May 2026 | 618.45 | 475.73 |
| June 2026 | 633.91 | 487.63 |
| July 2026 | 621.48 | 478.06 |
| August 2026 | 640.71 | 492.85 |
| September 2026 | 653.52 | 502.71 |
| October 2026 | 670.51 | 515.78 |
| November 2026 | 687.27 | 528.67 |
| December 2026 | 704.46 | 541.89 |
Crompton Greaves Consumer Electricals Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 711.50 | 547.31 |
| February 2027 | 729.74 | 561.34 |
| March 2027 | 758.20 | 583.23 |
| April 2027 | 743.34 | 571.80 |
| May 2027 | 721.69 | 555.14 |
| June 2027 | 754.16 | 580.12 |
| July 2027 | 739.37 | 568.75 |
| August 2027 | 762.24 | 586.34 |
| September 2027 | 788.92 | 606.86 |
| October 2027 | 809.43 | 622.64 |
| November 2027 | 829.67 | 638.21 |
| December 2027 | 850.41 | 654.16 |
Crompton Greaves Consumer Electricals Share Price Prediction 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 867.42 | 667.24 |
| February 2028 | 889.66 | 684.35 |
| March 2028 | 924.36 | 711.04 |
| April 2028 | 906.23 | 697.10 |
| May 2028 | 879.84 | 676.80 |
| June 2028 | 919.43 | 707.25 |
| July 2028 | 901.40 | 693.39 |
| August 2028 | 929.28 | 714.83 |
| September 2028 | 961.80 | 739.85 |
| October 2028 | 986.81 | 759.09 |
| November 2028 | 1,011.48 | 778.06 |
| December 2028 | 1,036.77 | 797.51 |
Crompton Greaves Consumer Electricals Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 1,057.50 | 813.46 |
| February 2029 | 1,084.62 | 834.32 |
| March 2029 | 1,126.92 | 866.86 |
| April 2029 | 1,104.82 | 849.86 |
| May 2029 | 1,072.64 | 825.11 |
| June 2029 | 1,120.91 | 862.24 |
| July 2029 | 1,098.93 | 845.33 |
| August 2029 | 1,132.92 | 871.48 |
| September 2029 | 1,172.57 | 901.98 |
| October 2029 | 1,203.06 | 925.43 |
| November 2029 | 1,233.14 | 948.57 |
| December 2029 | 1,263.97 | 972.28 |
Crompton Greaves Consumer Electricals Share Price Target 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 1,289.24 | 991.73 |
| February 2030 | 1,322.30 | 1,017.16 |
| March 2030 | 1,373.87 | 1,056.82 |
| April 2030 | 1,346.93 | 1,036.10 |
| May 2030 | 1,307.70 | 1,005.92 |
| June 2030 | 1,366.55 | 1,051.19 |
| July 2030 | 1,339.75 | 1,030.58 |
| August 2030 | 1,381.19 | 1,062.45 |
| September 2030 | 1,429.53 | 1,099.64 |
| October 2030 | 1,466.70 | 1,128.23 |
| November 2030 | 1,503.37 | 1,156.44 |
| December 2030 | 1,540.95 | 1,185.35 |
In 2030, Crompton Greaves Consumer Electricals Ltd’s share price is projected to reach a maximum of ₹1,289.24 in January and ₹1,540.95 in December. The minimum prices are expected to be ₹991.73 in January and ₹1,185.35 in December.
Financial Condition of Crompton Greaves Consumer Electricals: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 4,520 | 4,804 | 5,394 | 6,870 | 7,313 | 7,574 |
| Expenses + | 3,921 | 4,083 | 4,625 | 6,099 | 6,599 | 6,813 |
| Operating Profit | 599 | 720 | 769 | 770 | 714 | 760 |
| OPM % | 13% | 15% | 14% | 11% | 10% | 10% |
| Other Income + | 59 | 76 | 60 | 67 | 67 | 71 |
| Interest | 41 | 43 | 35 | 109 | 79 | 74 |
| Depreciation | 27 | 30 | 42 | 116 | 129 | 137 |
| Profit before tax | 591 | 724 | 752 | 612 | 573 | 621 |
| Tax % | 16% | 15% | 23% | 22% | 23% | |
| Net Profit + | 496 | 617 | 578 | 476 | 442 | 472 |
| EPS in Rs | 7.91 | 9.82 | 9.13 | 7.28 | 6.84 | 7.37 |
| Dividend Payout % | 0% | 56% | 27% | 41% | 44% |
Crompton Greaves Consumer Electricals Ltd (CGCEL) has demonstrated varied financial performance over the past five years, reflecting both growth and challenges. From March 2020 to March 2024, the company’s sales steadily increased from ₹4,520 crore to ₹7,313 crore, with the trailing twelve months (TTM) reaching ₹7,574 crore, indicating consistent top-line growth. However, expenses have also risen in tandem, from ₹3,921 crore in March 2020 to ₹6,599 crore by March 2024, resulting in a narrowing of operating profit margins. The Operating Profit Margin (OPM) decreased from 13% in March 2020 to 10% in March 2024, reflecting the impact of higher costs on profitability.
Despite an increase in sales, net profit has experienced a decline from ₹496 crore in March 2020 to ₹442 crore in March 2024, though it slightly improved to ₹472 crore in the TTM period. Earnings per Share (EPS) have also shown a downward trend from ₹7.91 in March 2020 to ₹6.84 in March 2024. The dividend payout ratio fluctuated significantly, reaching a peak of 56% in March 2021 but stabilizing at around 44% by March 2024. Overall, while Crompton has achieved sales growth, it faces challenges in maintaining profitability amidst rising costs and other expenses.
FAQs
What Is the Current Share Price Value of Crompton Greaves Consumer Electricals Ltd?
As of August 2nd, 2024, the current share price value of Crompton Greaves Consumer Electricals is ₹470.
What Is the Market Value of Crompton Greaves Consumer Electricals?
The market capitalization of Crompton Greaves Consumer Electricals stands at ₹30,238 Crores.
What Is the Stock P/E Ratio of Crompton Greaves Consumer Electricals Ltd?
The stock P/E ratio for Crompton Greaves Consumer Electricals is 64.7.
What Is the Share Price Target for Crompton Greaves Consumer Electricals by 2025?
The expected target share prices for Crompton Greaves Consumer Electricals India Ltd in 2025 are projected to range between ₹391.34 (minimum) and ₹597.60 (maximum) over the year.
What Is the Share Price Target for Crompton Greaves Consumer Electricals Ltd By 2030?
The target share prices for the year 2030 are expected to range between ₹991.73 (minimum) and ₹1,540.95 (maximum).
Should One Invest in Crompton Greaves Consumer Electricals?
In conclusion, Crompton Greaves Consumer Electricals Ltd (CGCEL) showcases a positive outlook with strong institutional support and a solid financial track record. The company’s increasing stake from Domestic Institutional Investors (DIIs) and stable foreign institutional involvement highlight robust investor confidence. Financially, CGCEL has achieved consistent sales growth and maintained profitability despite rising costs, reflecting its effective market strategies and commitment to innovation. This combination of strong shareholder backing and financial stability positions Crompton Greaves for continued success and growth.
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