The current market price of Crompton Greaves Consumer Electricals Ltd. is Rs 364.85.
Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 23123.98 Crore) operating in Consumer Durables sector.
Crompton Greaves Consumer Electricals Ltd. key Products/Revenue Segments include Electrical Consumer Durables, Lighting Products, Scrap, Sale of services and Export Incentives for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 1717.80 Crore, down -8.30 % from last quarter Total Income of Rs 1873.35 Crore and up 22.53 % from last year same quarter Total Income of Rs 1401.99 Crore. Company reported net profit after tax of Rs 130.71 Crore in latest quarter.
Investment Rationale
With an improvement in margin trajectory, the brokerage expects Dabur to continue its outperformance. It values the stock at 42x P/E on Sep-24E EPS to derive a target price of INR 565.
Promoter/FII Holdings
Promoters held 5.94 per cent stake in the company as of 30-Jun-2022, while FIIs owned 48.16 per cent, DIIs 34.09 per cent.
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