India's consumer electricals sector is abuzz with activity, and one company is leading the charge: Crompton Greaves Consumer Electricals. As a prominent player in the industry, Crompton Greaves boasts an impressive presence across fans, lighting, pumps, and household appliances. But what does the future hold for this market leader?
Crompton Greaves is the market leader in the fans segment with a staggering 25% market share, and a significant player in residential pumps with a 30% market share. The company is also among the top three in the lighting segment and one of the top five in consumer appliances. With such a strong foothold, it's no wonder that analysts are bullish about its growth prospects.
With a BUY rating and a target price of INR350, Crompton Greaves is poised for significant growth. Analysts expect an EBITDA/PAT CAGR of 17%/21% over FY26-28, driven by a recovery from weather-related disruptions that impacted the ECD segment's performance in FY26. Operating profit margins are expected to rise to 10.3%/11.2% in FY27/FY28, up from 9.7% in FY26.
Some key statistics that highlight Crompton Greaves' growth potential include:
Remember, this is a perspective, not a prediction. It's essential to do your own research and consider multiple viewpoints before making any investment decisions. However, with its strong market presence and growth prospects, Crompton Greaves Consumer Electricals is certainly an exciting company to watch in the consumer electricals sector.
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