Financials Crompton Greaves Consumer Electricals Limited

Equities

CROMPTON

INE299U01018

Household Electronics

Market Closed - NSE India S.E. 03:17:39 2024-05-18 am EDT 5-day change 1st Jan Change
402 INR +2.56% Intraday chart for Crompton Greaves Consumer Electricals Limited +23.05% +29.29%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 142,451 130,965 246,369 236,894 186,380 252,038 - -
Enterprise Value (EV) 1 139,101 126,873 245,117 243,817 194,507 175,413 249,490 243,712
P/E ratio 35.7 x 26.6 x 40.3 x 40.8 x 40.3 x 38.9 x 43.4 x 35.1 x
Yield 0.88% - 1.4% 0.67% 1.02% 1.12% 0.99% 1.12%
Capitalization / Revenue 3.18 x 2.9 x 5.13 x 4.39 x 2.71 x 2.35 x 3.04 x 2.7 x
EV / Revenue 3.11 x 2.81 x 5.1 x 4.52 x 2.83 x 2.4 x 3.01 x 2.62 x
EV / EBITDA 23.8 x 21.2 x 34 x 31.7 x 25.2 x 20.7 x 27.9 x 23 x
EV / FCF 49.2 x 35.1 x 30.3 x 44.2 x 41.1 x 23.1 x 42.1 x 34.8 x
FCF Yield 2.03% 2.85% 3.3% 2.26% 2.43% 4.33% 2.37% 2.87%
Price to Book 13 x 8.92 x 12.8 x 9.66 x 7.01 x 5.74 x 7.25 x 6.5 x
Nbr of stocks (in thousands) 626,986 627,227 627,691 633,406 636,110 643,118 - -
Reference price 2 227.2 208.8 392.5 374.0 293.0 391.9 391.9 391.9
Announcement Date 5/21/19 5/15/20 5/21/21 5/27/22 5/19/23 5/16/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 44,789 45,203 48,035 53,941 68,696 73,128 82,933 93,180
EBITDA 1 5,843 5,991 7,205 7,694 7,705 8,485 8,957 10,613
EBIT 1 5,714 5,723 6,910 7,272 6,546 7,196 7,642 9,270
Operating Margin 12.76% 12.66% 14.39% 13.48% 9.53% 9.84% 9.21% 9.95%
Earnings before Tax (EBT) 1 5,598 5,907 7,236 7,515 6,122 5,731 7,660 9,496
Net income 1 4,014 4,964 6,166 5,784 4,632 4,399 5,758 7,114
Net margin 8.96% 10.98% 12.84% 10.72% 6.74% 6.02% 6.94% 7.64%
EPS 2 6.360 7.850 9.750 9.170 7.270 6.880 9.021 11.16
Free Cash Flow 1 2,830 3,615 8,101 5,522 4,735 7,596 5,921 7,004
FCF margin 6.32% 8% 16.86% 10.24% 6.89% 10.39% 7.14% 7.52%
FCF Conversion (EBITDA) 48.43% 60.34% 112.44% 71.77% 61.45% 89.53% 66.1% 65.99%
FCF Conversion (Net income) 70.5% 72.83% 131.37% 95.48% 102.22% 172.67% 102.84% 98.45%
Dividend per Share 2 2.000 - 5.500 2.500 3.000 3.000 3.891 4.382
Announcement Date 5/21/19 5/15/20 5/21/21 5/27/22 5/19/23 5/16/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2025 Q1
Net sales 1 13,482 15,220 10,505 13,851 24,356 14,106 15,479 18,629 16,995 35,624 15,162 17,910 18,768 17,921 36,800 17,203 19,596 20,744
EBITDA 1 2,000 2,280 1,250 2,141 - 2,015 2,288 2,199 1,931 4,130 1,524 2,114 1,858 1,815 3,600 1,750 1,973 -
EBIT 1 1,932 2,210 1,175 2,040 - 1,914 2,143 1,924 1,648 - 1,227 1,810 1,566 1,641 - 1,382 1,632 1,992
Operating Margin 14.33% 14.52% 11.18% 14.73% - 13.57% 13.84% 10.33% 9.7% - 8.09% 10.11% 8.34% 9.16% - 8.03% 8.33% 9.6%
Earnings before Tax (EBT) 1 2,025 2,310 1,270 2,129 - 1,987 2,129 1,739 1,533 - 1,146 1,704 1,558 1,503 - 1,244 1,708 -
Net income 1 1,511 2,491 947.6 1,588 2,536 1,483 1,766 1,210 1,258 - 852.5 1,312 1,184 1,106 2,200 1,040 1,203 -
Net margin 11.21% 16.36% 9.02% 11.47% 10.41% 10.51% 11.41% 6.5% 7.4% - 5.62% 7.32% 6.31% 6.17% 5.98% 6.05% 6.14% -
EPS 2 2.390 3.940 1.500 2.510 - 2.340 2.790 1.980 2.050 - 1.380 2.060 1.850 1.760 - 1.547 1.917 2.440
Dividend per Share - - - - - - - - - - - - - - - - - -
Announcement Date 1/22/21 5/21/21 7/23/21 10/22/21 10/22/21 1/29/22 5/27/22 7/22/22 10/26/22 10/26/22 2/2/23 5/19/23 8/12/23 - - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 6,923 8,127 3,382 - -
Net Cash position 1 3,350 4,092 1,252 - - - 2,548 8,326
Leverage (Debt/EBITDA) - - - 0.8998 x 1.055 x 0.3986 x - -
Free Cash Flow 1 2,830 3,615 8,101 5,522 4,735 7,596 5,921 7,004
ROE (net income / shareholders' equity) 42.5% 38.7% 36.3% 26.4% 18.1% 15.5% 17.6% 19.6%
ROA (Net income/ Total Assets) - - 13.6% 11.5% 7.65% 7.5% 9.21% 10.7%
Assets 1 - - 45,476 50,230 60,515 58,681 62,501 66,601
Book Value Per Share 2 17.50 23.40 30.80 38.70 41.80 46.60 54.00 60.30
Cash Flow per Share 2 - - 12.90 11.40 8.690 13.10 13.20 12.70
Capex 1 160 494 202 1,712 791 838 901 965
Capex / Sales 0.36% 1.09% 0.42% 3.17% 1.15% 1.15% 1.09% 1.04%
Announcement Date 5/21/19 5/15/20 5/21/21 5/27/22 5/19/23 5/16/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
32
Last Close Price
391.9 INR
Average target price
363.3 INR
Spread / Average Target
-7.29%
Consensus
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  4. Financials Crompton Greaves Consumer Electricals Limited
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