Financial Performance Highlights

Consolidated Financials (Q1 FY27 vs Q1 FY26):

  • Revenue: ₹2,235 Cr vs ₹1,998 Cr, growth of 11.8% YoY
  • Material Margin: ₹698 Cr vs ₹643 Cr, growth of 8.6% YoY
  • Material Margin (%): 31.2% vs 32.2%, decline of 100 bps
  • EBITDA: ₹224 Cr vs ₹197 Cr, growth of 14.2% YoY
  • EBITDA Margin (%): 10.0% vs 9.8%, improvement of 20 bps
  • PAT: ₹143 Cr vs ₹124 Cr, growth of 15.2% YoY
  • PAT Margin (%): 6.4% vs 6.2%, improvement of 20 bps

Standalone Financials (Q1 FY27 vs Q1 FY26):

  • Revenue: ₹2,022 Cr vs ₹1,819 Cr, growth of 11.2% YoY
  • Material Margin: ₹610 Cr vs ₹565 Cr, growth of 7.9% YoY
  • Material Margin (%): 30.2% vs 31.1%, decline of 90 bps
  • EBITDA: ₹208 Cr vs ₹183 Cr, growth of 14.0% YoY
  • EBITDA Margin (%): 10.3% vs 10.0%, improvement of 30 bps
  • PAT: ₹140 Cr vs ₹125 Cr, growth of 12.1% YoY
  • PAT Margin (%): 6.9% vs 6.9%, unchanged

Segment Performance

ECD Segment (Standalone):

  • Revenue: ₹1,754 Cr vs ₹1,586 Cr, growth of 10.6% YoY
  • EBIT: ₹237 Cr vs ₹212 Cr, growth of 12.1% YoY
  • EBIT Margin (%): 13.5% vs 13.3%, improvement of 20 bps

Lighting Segment (Standalone):

  • Revenue: ₹268 Cr vs ₹232 Cr, growth of 15.4% YoY
  • EBIT: ₹32 Cr vs ₹29 Cr, growth of 9.8% YoY
  • EBIT Margin (%): 12.0% vs 12.6%, decline of 60 bps

Butterfly Financials:

  • Revenue: ₹214 Cr vs ₹187 Cr, growth of 14.1% YoY
  • Material Margin: ₹88 Cr vs ₹77 Cr, growth of 14.2% YoY
  • Material Margin (%): 41.0% vs 41.0%, unchanged
  • EBITDA: ₹15 Cr vs ₹13 Cr, growth of 17.2% YoY
  • EBITDA Margin (%): 7.0% vs 6.8%, improvement of 20 bps
  • PAT: ₹9 Cr vs ₹6 Cr, growth of 38.1% YoY
  • PAT Margin (%): 4.2% vs 3.4%, improvement of 80 bps

Operational Highlights

ECD Segment:

  • BLDC fans delivered highest quarterly sales with ~44% growth; launched 5 new fans during quarter
  • Pumps delivered resilient growth with market share gains across all sub-categories
  • Water heaters delivered robust growth across trade & E-com with significant market share gains
  • Rolled out Solar Rooftop offerings to retail segment (non-tender business) and B2C Solar pumps

Lighting Segment:

  • Double-digit growth across B2C and B2B segments
  • Strong traction in Ceiling lights, Commercial lights and Industrial lights
  • Delivered industry leading EBIT margin of 12.0%

Butterfly Segment:

  • Robust revenue growth delivered across all channels
  • Premium portfolio (Idea First Series) sustained strong momentum across categories
  • Market share improved across key categories including Mixer Grinders, Pressure Cookers, and Glass Cooktops
  • Won Golden Peacock Eco-Innovation Award for 2026 for India's first 5-star rated cooktop "RENZ COOKTOP"

Recent Updates in Q1 FY27

  • Rolled out B2C solar rooftop and solar pumps to retail market in select cities
  • Wires launch progressing well with initial feedback collection from entered markets

Management Commentary

Promeet Ghosh, MD & CEO, stated: "We delivered a resilient performance during the quarter with disciplined pricing, premiumization and strong execution across channels. While supply tightness impacted near-term revenue, pricing measures and operating leverage ensured margins and cash flows were healthy. Consolidated revenue grew by 11.8% with double digit growth across segments and PAT grew by 15.2% with margin at 6.4%. We remain focused to advance Crompton 2.0 strategic priorities anchored in accelerated premiumization, deeper distribution, and consumer centric differentiated innovation to drive sustained long-term value creation."