Crompton Greaves Share Price Jumps 6% After Q4 Results; Hits Two-Week High

Market Performance

Crompton Greaves' share price saw a significant surge of 6% in early trade on May 16, reaching a two-week high of ₹346 per share. The rally came after the company posted its Q4 FY25 results, primarily in line with expectations.

Despite some pressure in the fans segment, strong performance in small appliances and Butterfly Gandhimathi Appliances helped support the overall numbers.

Key Highlights from Q4 FY25

Crompton Greaves Consumer Electricals reported steady financial performance for the March quarter of FY25. Here’s a breakdown:

Revenue

• Total revenue from operations rose 5.08% YoY to ₹2,060.64 crore
• (Q4 FY24: ₹1,961 crore)
• Consumer durables segment grew by 5.73% to ₹1,602.92 crore
• Lighting products revenue dipped 1.8% to ₹276.07 crore
• Butterfly revenue rose sharply by 18.13% to ₹181.65 crore

Net Profit

• Consolidated net profit surged 28.7% YoY to ₹171.74 crore
• (Q4 FY24: ₹133.43 crore)

Company Performance in FY25

For the full year ending on March 31, 2025:

• Net profit increased 27.7% YoY to ₹564.08 crore
• (FY24: ₹441.78 crore)
• Total income climbed 7.48% to ₹7,932.38 crore

The company noted muted fan demand due to a delayed summer, which impacted one of its primary product categories. However, solid growth in other segments, such as tiny appliances and Butterfly products, partially offset this.

Strategic Developments

Crompton Greaves continues to expand its footprint:

• Entered the rooftop solar segment, eyeing the ₹20,000 crore Total Addressable Market (TAM)
• Announced plans for a ₹3.5 billion capital expenditure over the next 2–3 years to set up a greenfield manufacturing facility
  • Phase 1 will focus on scaling fan production and other product lines
• The company has successfully turned around Butterfly, which was acquired in February 2022, after 4–5 quarters of transition

Summary

The latest quarterly numbers have boosted investor confidence, reflected in the sharp rise in Crompton Greaves' share price. Strong growth in small appliances, the turnaround of Butterfly, and strategic expansion into the rooftop solar segment have positioned the company for future growth. While fan sales were sluggish due to weather conditions, the company anticipates demand recovery in the second half of FY26.