Crompton Greaves Consumer Electricals Ltd (CGCEL) is a renowned Indian electrical equipment company headquartered in Mumbai, boasting a legacy of over 85 years in the industry. As a leader in the consumer durables and lighting sector, Crompton offers an extensive range of products, including LED lighting, fans, pumps, water heaters, air coolers, and kitchen appliances. The company is recognized for its dedication to innovation, embedding cutting-edge technology in its offerings with a focus on energy efficiency, healthy living, IoT integration, and smart connectivity.
Crompton is also committed to sustainability, aligning its practices with the United Nations Sustainable Development Goals (SDGs). The company actively works to reduce its energy and water consumption, invest in renewable energy, and support local communities through various initiatives. By combining quality, innovation, and sustainability, Crompton continues to maintain its position as a leading brand in the electrical equipment market.
| 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) from June 2023 to June 2024 reveals notable trends among different investor categories. Throughout this period, the Promoters maintained a 0.00% stake, while Foreign Institutional Investors (FIIs) fluctuated between a high of 35.66% in September 2023 and a low of 32.18% in March 2024, eventually rising to 34.37% by June 2024. Meanwhile, Domestic Institutional Investors (DIIs) steadily increased their holdings from 48.49% in June 2023 to 51.63% by June 2024, indicating growing local confidence in the company. Government holdings, which were at 0.23% until December 2023, were completely divested by March 2024. Public shareholding decreased from 16.30% in June 2023 to 14.01% in June 2024, alongside a reduction in the total number of shareholders from 231,600 to 216,741 over the same period. These shifts suggest a trend towards increased institutional ownership, particularly by domestic investors, while public participation has waned.
You can buy Crompton Greaves Consumer Electricals shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| September 2024 | 486.35 | 422.92 |
| October 2024 | 481.54 | 418.73 |
| November 2024 | 500.80 | 435.48 |
| December 2024 | 505.81 | 439.83 |
In 2024, Crompton Greaves Consumer Electricals Ltd is expected to exhibit varied price movements. By September 2024, the maximum price for Crompton Greaves Consumer Electricals Ltd is anticipated to reach ₹486.35, while the minimum may hover around ₹422.92. As we move into October, the maximum price is projected to slightly dip to ₹481.54, with a minimum of ₹418.73. In November, the prices are likely to see a modest increase, with a maximum of ₹500.80 and a minimum of ₹435.48. Concluding the year in December 2024, Crompton Greaves Consumer Electricals Ltd’s price is forecasted to peak at ₹505.81, with the lowest price expected to be around ₹439.83.
| When | Maximum Price | Minimum Price |
| January 2025 | 510.87 | 392.97 |
| February 2025 | 516.03 | 396.94 |
| March 2025 | 526.86 | 405.28 |
| April 2025 | 521.65 | 401.27 |
| May 2025 | 506.45 | 389.58 |
| June 2025 | 529.24 | 407.11 |
| July 2025 | 518.87 | 399.13 |
| August 2025 | 534.91 | 411.47 |
| September 2025 | 541.33 | 416.41 |
| October 2025 | 555.41 | 427.24 |
| November 2025 | 569.29 | 437.92 |
| December 2025 | 594.91 | 457.62 |
Throughout 2025, Crompton Greaves Consumer Electricals Ltd’s share price is expected to fluctuate, starting with a maximum of ₹510.87 and a minimum of ₹392.97 in January. As we move through the year, the prices may gradually increase, with peaks like ₹526.86 in March, ₹529.24 in June, and reaching up to ₹594.91 by December. The minimum prices are also expected to rise from ₹392.97 in January to ₹457.62 in December, reflecting a steady upward trend over the year.
| When | Maximum Price | Minimum Price |
| January 2026 | 612.76 | 471.35 |
| February 2026 | 597.44 | 459.57 |
| March 2026 | 609.39 | 468.76 |
| April 2026 | 621.82 | 478.33 |
| May 2026 | 615.67 | 473.59 |
| June 2026 | 631.06 | 485.43 |
| July 2026 | 618.69 | 475.91 |
| August 2026 | 637.82 | 490.63 |
| September 2026 | 650.58 | 500.44 |
| October 2026 | 667.49 | 513.45 |
| November 2026 | 684.18 | 526.29 |
| December 2026 | 701.28 | 539.45 |
| When | Maximum Price | Minimum Price |
| January 2027 | 708.30 | 544.84 |
| February 2027 | 726.46 | 558.81 |
| March 2027 | 754.79 | 580.61 |
| April 2027 | 739.99 | 569.22 |
| May 2027 | 718.44 | 552.64 |
| June 2027 | 750.77 | 577.51 |
| July 2027 | 736.05 | 566.19 |
| August 2027 | 758.81 | 583.70 |
| September 2027 | 785.37 | 604.13 |
| October 2027 | 805.79 | 619.84 |
| November 2027 | 825.93 | 635.33 |
| December 2027 | 846.58 | 651.22 |
| When | Maximum Price | Minimum Price |
| January 2028 | 863.51 | 664.24 |
| February 2028 | 885.65 | 681.27 |
| March 2028 | 920.19 | 707.84 |
| April 2028 | 902.15 | 693.96 |
| May 2028 | 875.87 | 673.75 |
| June 2028 | 915.29 | 704.07 |
| July 2028 | 897.34 | 690.26 |
| August 2028 | 925.09 | 711.61 |
| September 2028 | 957.47 | 736.52 |
| October 2028 | 982.37 | 755.67 |
| November 2028 | 1,006.93 | 774.56 |
| December 2028 | 1,032.10 | 793.92 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,052.74 | 809.80 |
| February 2029 | 1,079.73 | 830.57 |
| March 2029 | 1,121.84 | 862.96 |
| April 2029 | 1,099.85 | 846.04 |
| May 2029 | 1,067.81 | 821.39 |
| June 2029 | 1,115.86 | 858.36 |
| July 2029 | 1,093.99 | 841.53 |
| August 2029 | 1,127.82 | 867.55 |
| September 2029 | 1,167.29 | 897.92 |
| October 2029 | 1,197.64 | 921.26 |
| November 2029 | 1,227.58 | 944.30 |
| December 2029 | 1,258.27 | 967.90 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,283.44 | 987.26 |
| February 2030 | 1,316.35 | 1,012.58 |
| March 2030 | 1,367.69 | 1,052.07 |
| April 2030 | 1,340.87 | 1,031.44 |
| May 2030 | 1,301.81 | 1,001.40 |
| June 2030 | 1,360.40 | 1,046.46 |
| July 2030 | 1,333.72 | 1,025.94 |
| August 2030 | 1,374.97 | 1,057.67 |
| September 2030 | 1,423.09 | 1,094.69 |
| October 2030 | 1,460.09 | 1,123.15 |
| November 2030 | 1,496.60 | 1,151.23 |
| December 2030 | 1,534.01 | 1,180.01 |
In 2030, the share prices of Crompton Greaves Consumer Electricals Ltd are anticipated to experience a gradual rise throughout the year. Starting in January with a maximum price of ₹1,283.44 and a minimum of ₹987.26, the prices are expected to steadily increase each month. By mid-year, in June, the maximum price could reach ₹1,360.40, with a minimum of ₹1,046.46. As we progress further into the year, the prices may continue to climb, reaching a peak of ₹1,496.60 in November, with a minimum of ₹1,151.23, and culminating in December with a maximum of ₹1,534.01 and a minimum of ₹1,180.01.
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 displayed a dynamic financial performance over the past five years, characterized by steady growth in sales, accompanied by fluctuations in profitability and margins. From March 2020 to March 2024, CGCEL’s sales have seen a notable upward trajectory, increasing from ₹4,520 crore in March 2020 to ₹7,313 crore in March 2024, with the trailing twelve months (TTM) reaching ₹7,574 crore. This growth reflects the company’s expanding market presence and effective sales strategies across its diverse product portfolio in consumer durables and electricals.
However, this revenue growth has been tempered by a corresponding increase in expenses, which rose from ₹3,921 crore in March 2020 to ₹6,599 crore in March 2024, and further to ₹6,813 crore in the TTM period. The rising costs, including raw materials, manufacturing, and distribution expenses, have put pressure on the company’s operating profitability. As a result, the Operating Profit Margin (OPM) has decreased from 13% in March 2020 to 10% in both March 2024 and the TTM, indicating a need for improved cost management and operational efficiency to sustain profitability.
The net profit trend has been mixed, showing a decline from ₹496 crore in March 2020 to ₹442 crore in March 2024, with a slight recovery to ₹472 crore in the TTM period. This decrease in net profit, despite higher sales, suggests that the company has faced challenges in managing rising costs and external economic pressures. The Earnings per Share (EPS) have mirrored this pattern, falling from ₹7.91 in March 2020 to ₹6.84 in March 2024, before modestly rebounding to ₹7.37 in the TTM.
Crompton’s financials also reflect changes in other key metrics. Other income remained relatively stable, varying from ₹59 crore in March 2020 to ₹71 crore in the TTM period, while interest expenses saw a noticeable increase from ₹41 crore in March 2020 to ₹109 crore in March 2023, before decreasing slightly to ₹74 crore in the TTM. Depreciation costs also rose significantly, from ₹27 crore in March 2020 to ₹137 crore in the TTM, reflecting increased capital expenditure on new assets and facilities.
The company’s dividend payout policy has been variable, with a peak of 56% in March 2021, followed by a reduction to 27% in March 2022, and stabilizing around 44% by March 2024. This variability indicates a cautious approach to balancing shareholder returns with reinvestment needs.
Overall, while Crompton Greaves Consumer Electricals Ltd has managed to achieve solid sales growth over the past five years, it faces ongoing challenges in maintaining and enhancing profitability amidst rising costs, interest expenses, and external market conditions. The company’s ability to manage these dynamics effectively will be crucial to sustaining its financial health and delivering value to shareholders in the coming years.
FAQS
Crompton Greaves Consumer Electricals share price is anticipated to experience fluctuations in 2024, with maximum and minimum values ranging from ₹505.81 to ₹418.73, suggesting potential increases and decreases throughout the year.
The share price target for Crompton Greaves Consumer Electricals in 2025 ranges from ₹389.58 to ₹594.91, with the maximum and minimum prices projected for each month, reflecting an upward trajectory and presenting an attractive investment opportunity for strategic investors.
Crompton Greaves Consumer Electricals share price target for 2030 is anticipated to soar to an impressive maximum of ₹1,534.01, reflecting the company’s optimistic growth trajectory and potential for substantial returns.
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Conclusion
In conclusion, Crompton Greaves Consumer Electricals Ltd (CGCEL) has showcased impressive financial growth and resilience over the past five years. With a significant increase in sales from ₹4,520 crore in March 2020 to ₹7,313 crore in March 2024, the company’s strong market presence and innovative strategies are evident. Although faced with rising costs and fluctuating profit margins, CGCEL has managed to maintain substantial revenue growth and profitability, reflected in its latest net profit of ₹472 crore.
The company’s future looks promising, with anticipated share price targets indicating substantial growth potential. The projected increase in share prices, reaching up to ₹1,534.01 by December 2030, underscores CGCEL’s robust growth trajectory and its capacity to deliver considerable returns to investors. Crompton Greaves Consumer Electricals Ltd remains a compelling investment opportunity, combining solid financial performance with a forward-looking approach to technology and sustainability.
What did we learn?
- 1 Shareholding Patterns of Crompton Greaves Consumer Electricals Ltd
- 2 How to buy Crompton Greaves Consumer Electricals shares?
- 3 Share Price Prediction of Crompton Greaves Consumer Electricals: 2024 to 2030
- 3.1 Crompton Greaves Consumer Electricals Share Price Target 2024
- 3.2 Crompton Greaves Consumer Electricals Share Price Prediction 2025
- 3.3 Crompton Greaves Consumer Electricals Share Price Target 2026
- 3.4 Crompton Greaves Consumer Electricals Share Price Prediction 2027
- 3.5 Crompton Greaves Consumer Electricals Share Price Target 2028
- 3.6 Crompton Greaves Consumer Electricals Share Price Target 2029
- 3.7 Crompton Greaves Consumer Electricals Share Price Target 2030
- 4 Financial Condition of Crompton Greaves Consumer Electricals: Last 5 years
- 5 FAQS
- 6 Conclusion
