Crompton Greaves Consumer Electricals Limited is an Indian electrical equipment company that manufactures and distributes a range of consumer electronic items, including fans, pumps, LED lighting, and household appliances such as air coolers, water heaters, mixer grinders, irons, etc. The company was incorporated as a public limited company on 25 February 2015, and its headquarters are located in Mumbai, Maharashtra. As of 20 October 2022, the market capitalisation of the company stood at Rs 24,488 crore.
The company is listed on the National Stock Exchange (NSE) under the code CROMPTON and the Bombay Stock Exchange (BSE) under the code 539876. The company has also been included in indices BSE 100 and BSE 500.
Crompton Greaves Consumer Electricals Limited markets its products in India under the brand name Crompton. It also sells its products in certain export markets. As of 31 March 2022, the company’s revenue stood at Rs 53.73 billion, and its employee strength was more than 2,000. For the quarter that ended June 2022, the company reported consolidated sales of Rs 1,862.94 crore with a net profit of Rs 121.01 crore.
In June 2022, the shareholding pattern of the company reflected a 37.27% stake in the company belonged to foreign institutional investors, a 32.58% stake was invested in mutual funds, a 24.19% stake belonged to retail investors, a 5.94% stake belonged to promoters, and the remaining 0.02% stake belonged to other domestic institutions. Top mutual funds in which the company has invested include HDFC Mid Cap Opportunities Direct Growth Plan, IIFL Focussed Equity Direct Growth Fund, PGIM India Mid Cap Opportunities Direct Growth Fund, and Edelweiss Mid Cap Direct Growth Plan.
The board of directors of the company comprises Mr Hemant Nerurkar (chairman and independent director), Mr Shantanu Khosla (managing director), Mr Mathew Job (executive director), Mr D Sundaram (independent director), Mr P M Murty (independent director), and Ms Smita Anand (independent director).
On 20 October 2022, Crompton Greaves Consumer Electricals Limited’s share price was Rs 381.00 per share at the NSE and Rs 381.30 per share at the BSE. Crompton Greaves shares have given a six-month return of 1.92%, and their 52-week low and 52-week high prices are Rs 312.05 and Rs 493.00, respectively.
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