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Fundamentals for Crompton Greaves Consumer Electricals Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Furnishings, Fixtures & Appliances
Crompton Greaves Consumer Electricals Limited manufactures and markets consumer electrical products in India. The company operates in two segments, Electrical Consumer Durables and Lighting Products. It offers fans, including ceiling, table, pedestal, wall-mounted, ventilating, kitchen tower, exhaust, and industrial fans; pumps comprising residential, agricultural, solar, and specialty pumps; and home appliances, such as air coolers, smart plugs; oil filled, heat, halogen, quartz, and ceramic heaters; personal, tower, window, and desert coolers; storage, instant, immersion rods, and gas water heaters; room heaters; fabric care; dry and steam irons; and OTG, air fryer, induction cooktop, rice cooker, sandwich maker, pop-up toaster, and electric kettle products. The company provides cooking; brewing; chimneys; food preparation; hobs; free standing and built-in dishwashers; build in microwaves and ovens; and built in and tablet hobs. In addition, the company provides lighting products comprising LED bulbs and battens; night, color, candle, backup, and high wattage lamps; table lamps; celling lights; and conventional lamps. Crompton Greaves Consumer Electricals Limited was incorporated in 2015 and is based in Mumbai, India.
Revenue projections:
CROMPTON's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
| currentRatio | 1.426000 |
|---|---|
| forwardPE | 23.732224 |
| debtToEquity | 5.797000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.108000 |
| grossMargins | 0.318730 |
| operatingMargins | 0.099000 |
| trailingEps | -3.770000 |
| forwardEps | 11.574980 |
CROMPTON's current ratio being 1.426 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that CROMPTON can meet its financial obligations with ease.
Crompton Greaves Consumer Electricals Limited's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
Price projections:
Crompton Greaves Consumer Electricals Limited's current price concerning projections presents no discernible risks or opportunities. This balanced situation suggests a period of stability, where investors might consider holding their positions until more information becomes available.
Recommendation changes over time:
The analysts' recent buy bias for CROMPTON indicates strong confidence in the stock's future performance. This could encourage more investors to view CROMPTON as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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