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Last Updated on: 31 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Crompton Greaves Consumer Electricals Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 31, 2024, 8:48 am

Market Cap 25,396 Cr.
Current Price 394
High / Low 484/261
Stock P/E51.2
Book Value 48.3
Dividend Yield0.76 %
ROCE15.8 %
ROE15.6 %
Face Value 2.00
PEG Ratio-16.71

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Crompton Greaves Consumer Electricals Ltd

Competitors of Crompton Greaves Consumer Electricals Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
MPL Plastics Ltd 15.2 Cr. 12.2 24.4/11.21.71 2.590.00 %%% 10.0
Hawkins Cookers Ltd 4,788 Cr. 9,052 9,100/5,81042.4 6221.33 %44.5 %36.0 % 10.0
Harsha Engineers International Ltd 4,513 Cr. 495 614/36032.5 1430.20 %13.4 %10.6 % 10.0
Gorani Industries Ltd 53.7 Cr. 100 160/86.873.6 23.50.00 %12.2 %11.5 % 10.0
Eureka Forbes Ltd 11,211 Cr. 580 648/39786.0 2220.00 %3.46 %2.45 % 10.0
Industry Average11,057.36 Cr1,703.7170.76175.450.34%14.18%11.15%6.69

All Competitor Stocks of Crompton Greaves Consumer Electricals Ltd

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1,2131,3481,5221,0501,3851,4111,5481,8631,7001,5161,7911,8771,782
Expenses1,0221,1481,2949251,1711,2091,3191,6431,5061,3641,5801,6911,608
Operating Profit191200228125214202229220193152211186175
OPM %16%15%15%12%15%14%15%12%11%10%12%10%10%
Other Income172021201714941821172015
Interest111110108711233029272122
Depreciation8778101014282830302932
Profit before tax189202231127213199213174153115170156136
Tax %25%25%-8%25%25%25%17%28%15%23%23%22%26%
Net Profit1421512499515914817712613188132122101
EPS in Rs2.262.413.971.512.532.362.791.911.981.342.061.851.52

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4,0804,4794,5204,8045,3946,8707,143
Expenses3,5493,8953,9214,0834,6256,0996,421
Operating Profit531584599720769770722
OPM %13%13%13%15%14%11%10%
Other Income31485976606768
Interest646041433510991
Depreciation1313273042116124
Profit before tax485560591724752612574
Tax %33%28%16%15%23%22%
Net Profit324401496617578476440
EPS in Rs5.176.407.919.829.137.286.77
Dividend Payout %34%31%0%56%27%41%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)23.77%23.69%24.40%-6.32%-17.65%
Change in YoY Net Profit Growth (%)0.00%-0.07%0.70%-30.72%-11.33%

Crompton Greaves Consumer Electricals Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2018-2019 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:%
5 Years:10%
3 Years:15%
TTM:10%
Compounded Profit Growth
10 Years:%
5 Years:2%
3 Years:-10%
TTM:15%
Stock Price CAGR
10 Years:%
5 Years:10%
3 Years:-3%
1 Year:26%
Return on Equity
10 Years:%
5 Years:24%
3 Years:20%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:29 am

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital125125125126127127129129
Reserves6649721,3431,8062,3262,5332,8712,979
Borrowings6496493505181,6861,005683488
Other Liabilities9879239341,1482,3101,9892,3992,122
Total Liabilities2,4252,6702,7523,5976,4495,6546,0825,717
Fixed Assets8628639099153,2733,2503,1973,310
CWIP11201113275831
Investments368541541770624548689494
Other Assets1,1951,2641,2821,9022,5381,8302,1371,882
Total Assets2,4252,6702,7523,5976,4495,6546,0825,717

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +315299411830736553843
Cash from Investing Activity +-33-1689-496-1,736263-207
Cash from Financing Activity +-175-186-513-96907-911-541
Net Cash Flow107-56-93238-92-9595

Free Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-118.00-65.00249.00202.00768.00769.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days50463735403636
Inventory Days40425558715861
Days Payable1007977921008196
Cash Conversion Cycle-11916112131
Working Capital Days-2-146-19111
ROCE %39%35%35%22%16%16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters5.99%5.99%5.94%5.94%2.54%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FIIs41.47%40.17%38.00%37.27%39.69%39.54%39.64%35.00%35.66%35.58%32.18%34.37%
DIIs42.30%43.18%44.39%44.98%45.23%44.52%44.17%48.49%47.46%47.75%51.47%51.63%
Government0.00%0.00%0.00%0.00%0.24%0.24%0.24%0.23%0.23%0.23%0.00%0.00%
Public10.24%10.66%11.67%11.81%12.33%15.72%15.97%16.30%16.65%16.42%16.36%14.01%
No. of Shareholders1,40,0761,47,3901,71,0741,82,3571,80,9211,89,4212,00,9442,31,6002,45,7762,53,6252,49,3912,16,741

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan28,767,0541.83891.3528,767,0542024-12-290%
Mirae Asset Emerging Bluechip Fund18,708,0802579.6728,767,0542024-12-29-34.97%
Mirae Asset Large Cap Fund13,262,7261.15410.9528,767,0542024-12-29-53.9%
Mirae Asset Tax Saver Fund11,512,4761.98356.7128,767,0542024-12-29-59.98%
Aditya Birla Sun Life Frontline Equity Fund10,272,5351.34318.2928,767,0542024-12-29-64.29%
Mirae Asset Midcap Fund8,657,5592.2268.2528,767,0542024-12-29-69.9%
DSP Mid Cap Fund6,470,4381.33200.4928,767,0542024-12-29-77.51%
UTI Flexi Cap Fund6,455,2630.79200.0228,767,0542024-12-29-77.56%
Franklin India Prima Fund6,391,0522.26198.0328,767,0542024-12-29-77.78%
Franklin India Focused Equity Fund5,700,0001.85176.6128,767,0542024-12-29-80.19%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)6.887.299.219.837.92
Diluted EPS (Rs.)6.887.279.179.837.85
Cash EPS (Rs.)8.879.319.8010.308.34
Book Value[Excl.RevalReserv]/Share (Rs.)53.6348.8651.0830.7723.41
Book Value[Incl.RevalReserv]/Share (Rs.)53.6348.8651.0830.7723.41
Revenue From Operations / Share (Rs.)113.71108.0085.1676.5372.06
PBDIT / Share (Rs.)12.1513.1613.2912.6810.49
PBIT / Share (Rs.)10.1411.3412.6312.2110.06
PBT / Share (Rs.)8.919.6211.8711.539.42
Net Profit / Share (Rs.)6.877.499.139.827.91
NP After MI And SOA / Share (Rs.)6.847.289.139.827.91
PBDIT Margin (%)10.6812.1815.6116.5714.56
PBIT Margin (%)8.9110.5014.8215.9513.96
PBT Margin (%)7.838.9113.9315.0613.06
Net Profit Margin (%)6.046.9310.7212.8310.98
NP After MI And SOA Margin (%)6.016.7410.7212.8310.98
Return on Networth / Equity (%)14.6617.4123.5731.9233.80
Return on Capital Employeed (%)16.2318.4123.2934.0437.87
Return On Assets (%)7.238.198.9617.0418.03
Long Term Debt / Equity (X)0.090.220.000.150.12
Total Debt / Equity (X)0.190.340.650.150.12
Asset Turnover Ratio (%)1.251.141.071.511.67
Current Ratio (X)1.311.301.031.911.61
Quick Ratio (X)0.900.870.781.531.18
Inventory Turnover Ratio (X)2.322.371.932.012.40
Dividend Payout Ratio (NP) (%)43.6234.1927.1330.5130.45
Dividend Payout Ratio (CP) (%)33.7427.3525.2829.1128.89
Earning Retention Ratio (%)56.3865.8172.8769.4969.55
Cash Earning Retention Ratio (%)66.2672.6574.7270.8971.11
Interest Coverage Ratio (X)9.867.6723.8518.5616.18
Interest Coverage Ratio (Post Tax) (X)6.585.3617.7515.3713.21
Enterprise Value (Cr.)17971.1819894.9625157.6024394.8413223.35
EV / Net Operating Revenue (X)2.462.904.665.082.93
EV / EBITDA (X)23.0123.7629.8730.6420.09
MarketCap / Net Operating Revenue (X)2.352.714.395.142.90
Retention Ratios (%)56.3765.8072.8669.4869.54
Price / BV (X)5.737.019.6512.798.92
Price / Net Operating Revenue (X)2.352.714.395.142.90
EarningsYield0.020.020.020.020.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Crompton Greaves Consumer Electricals Ltd as of December 31, 2024 is: 388.71

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 31, 2024, Crompton Greaves Consumer Electricals Ltd is Overvalued by 1.34% compared to the current share price 394.00

Intrinsic Value of Crompton Greaves Consumer Electricals Ltd as of December 31, 2024 is: 376.80

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 31, 2024, Crompton Greaves Consumer Electricals Ltd is Overvalued by 4.37% compared to the current share price 394.00

Last 5 Year EPS CAGR: -3.06%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 23.29%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 1.43, which is a positive sign.
  3. The company has higher reserves (1,936.75 cr) compared to borrowings (753.50 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (4.86 cr) and profit (614.00 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 5.86, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Crompton Greaves Consumer Electricals Ltd:
    1. Net Profit Margin: 6.04%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 16.23% (Industry Average ROCE: 14.18%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 14.66% (Industry Average ROE: 11.15%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 6.58
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.9
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 51.2 (Industry average Stock P/E: 70.76)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.19
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Crompton Greaves Consumer Electricals Ltd. is a Public Limited Listed company incorporated on 25/02/2015 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31900MH2015PLC262254 and registration number is 262254. Currently Company is involved in the business activities of Manufacture of electric lighting equipment. Company’s Total Operating Revenue is Rs. 5373.20 Cr. and Equity Capital is Rs. 126.68 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Domestic AppliancesTower 3, 1st Floor, East Wing, Equinox Business Park, Mumbai Maharashtra 400070crompton.investorrelations@crompton.co.in
http://www.crompton.co.in
Management
NamePosition Held
Mr. D SundaramChairman & Ind.Director
Mr. Shantanu KhoslaExecutive Vice Chairman
Mr. Promeet GhoshManaging Director & CEO
Mr. P M MurtyInd. Non-Executive Director
Ms. Smita AnandInd. Non-Executive Director
Mr. P R RameshInd. Non-Executive Director
Ms. Hiroo MirchandaniInd. Non-Executive Director
Mr. Anil ChaudhryInd. Non-Executive Director
Mr. Sanjiv KakkarInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Crompton Greaves Consumer Electricals Ltd?

The latest intrinsic value of Crompton Greaves Consumer Electricals Ltd as on 31 December 2024 is ₹388.71, which is 1.34% lower than the current market price of ₹394.00. The stock has a market capitalization of 25,396 Cr. and recorded a high/low of 484/261 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹2,979 Cr and total liabilities of ₹5,717 Cr.

What is the Market Cap of Crompton Greaves Consumer Electricals Ltd?

The Market Cap of Crompton Greaves Consumer Electricals Ltd is 25,396 Cr..

What is the current Stock Price of Crompton Greaves Consumer Electricals Ltd as on 31 December 2024?

The current stock price of Crompton Greaves Consumer Electricals Ltd as on 31 December 2024 is 394.

What is the High / Low of Crompton Greaves Consumer Electricals Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Crompton Greaves Consumer Electricals Ltd stocks is 484/261.

What is the Stock P/E of Crompton Greaves Consumer Electricals Ltd?

The Stock P/E of Crompton Greaves Consumer Electricals Ltd is 51.2.

What is the Book Value of Crompton Greaves Consumer Electricals Ltd?

The Book Value of Crompton Greaves Consumer Electricals Ltd is 48.3.

What is the Dividend Yield of Crompton Greaves Consumer Electricals Ltd?

The Dividend Yield of Crompton Greaves Consumer Electricals Ltd is 0.76 %.

What is the ROCE of Crompton Greaves Consumer Electricals Ltd?

The ROCE of Crompton Greaves Consumer Electricals Ltd is 15.8 %.

What is the ROE of Crompton Greaves Consumer Electricals Ltd?

The ROE of Crompton Greaves Consumer Electricals Ltd is 15.6 %.

What is the Face Value of Crompton Greaves Consumer Electricals Ltd?

The Face Value of Crompton Greaves Consumer Electricals Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Crompton Greaves Consumer Electricals Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE