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:
Revenue projections for CROMPTON Revenues for CROMPTON are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
1.342000
forwardPE
28.255226
debtToEquity
12.438000
earningsGrowth
0.218000
revenueGrowth
0.051000
grossMargins
0.329400
operatingMargins
0.109100
trailingEps
8.630000
forwardEps
7.330000
CROMPTON's current ratio being 1.342 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain. CROMPTON's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced. CROMPTON's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors. Crompton Greaves Consumer Electricals Limited's forward EPS is lower than its trailing EPS, indicating the company may experience reduced profitability. This signals that the company's earnings growth could slow down in the near future.
Price projections:
Price projections for CROMPTON CROMPTON's price projections have been revised downward gradually, suggesting that expectations for the company's future performance are becoming more conservative. Analysts may be tempering their optimism based on current trends.
Recommendation changes over time:
Recommendations trend for CROMPTON
Analysts have maintained a buy bias for CROMPTON, which could prompt investors to consider the stock as a viable investment. With this positive outlook, CROMPTON is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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