Crompton Greaves Consumer Electricals Limited — Q2FY27 earnings call summary

Filed 24 October 2026 · Official transcript

Q2 FY27 revenue grew 18.2% YoY to Rs 2,263 Cr; EBITDA rose 24.1% YoY to Rs 205 Cr with 9% margin, +40 bps YoY
EBITDA margin target of 11-12% by FY29 on higher revenue base; growth driven by revenue and operating leverage
New businesses (solar rooftop, wires) growing; solar rooftop order execution >50%, ramp expected with Kusum 2.0
Strong volume growth in fans, pumps, appliances, and exports (+70% YoY), with exports led by fans in Africa, Middle East, South Asia
Price hikes of 11-16% taken across businesses, covering ~80% of RM cost increases
PAT grew 65% YoY with 160 bps margin expansion; PBT excluding exceptional items up 36.2%
Butterfly segment grew mid-teens; focus on premium portfolio and pan-India expansion
Inventory normalized to year-ago levels; supply chain disruptions resolved