Consolidated Financial Highlights (Q2 FY27 vs Q2 FY26)
- Revenue: ₹2,263 Cr (up 18.2% from ₹1,916 Cr)
- EBITDA: ₹205 Cr (up 24.1% from ₹165 Cr)
- EBITDA Margin: 9.0% (expanded by 40 bps from 8.6%)
- PAT: ₹125 Cr (up 65.1% from ₹75 Cr)
- PAT Margin: 5.5% (expanded by 160 bps from 3.9%)
- Basic EPS: ₹1.85 (up 66.7% from ₹1.11)
- PBT excluding exceptional items: ₹167 Cr (growth of 36.2% YoY)
Standalone Financial Highlights (Q2 FY27 vs Q2 FY26)
- Revenue: ₹1,932 Cr (up 18.4% from ₹1,632 Cr)
- EBITDA: ₹172 Cr (up 26.0% from ₹136 Cr)
- EBITDA Margin: 8.9% (expanded by 50 bps from 8.4%)
- PAT: ₹110 Cr (up 57.0% from ₹70 Cr)
- PAT Margin: 5.7% (expanded by 140 bps from 4.3%)
- Basic EPS: ₹1.71 (up 57.0% from ₹1.09)
Segment Performance (Standalone)
ECD Segment
- Revenue: ₹1,634 Cr (up 19.2% from ₹1,371 Cr)
- EBIT: ₹189 Cr (up 30.7% from ₹145 Cr)
- EBIT Margin: 11.6% (expanded by 100 bps from 10.6%)
- Highest quarterly growth in last 9 quarters
- Strong performance in fans, conventional pumps, LDA and SDA
- BLDC growth with sequential expansion in reach
- Pumps growth led by double-digit growth in Non-Solar Business
- LDA registered strong growth with market share gains
- Kitchen appliances growth led by general trade performance
Lighting Segment
- Revenue: ₹298 Cr (up 14.3% from ₹261 Cr)
- EBIT: ₹38 Cr (down 4.7% from ₹40 Cr)
- EBIT Margin: 12.9% (declined 260 bps from 15.5%)
- Healthy growth across both B2C and B2B segments
- Margin impacted by B2B order at pre-contracted prices
- EBIT margin improved sequentially by 90 bps from previous quarter
Butterfly Financials (Subsidiary)
- Revenue: ₹331 Cr (up 13.1% from ₹293 Cr)
- EBITDA: ₹32 Cr (up 13.3% from ₹28 Cr)
- EBITDA Margin: 9.5% (unchanged)
- PAT: ₹20 Cr (up 18.7% from ₹17 Cr)
- PAT Margin: 6.1% (expanded by 30 bps from 5.8%)
- Basic EPS: ₹11.29 (up 18.7% from ₹9.51)
- Healthy growth across electrical and non-electrical categories
- Market share gains in Pressure Cookers, Glass Cooktops and Mixer grinders
- Strong channel performance in Large-Format Retail and Trade
Operational Highlights
- Third consecutive quarter of strong double-digit growth across segments
- International business achieved highest ever quarterly sales
- Solar rooftop installations for AP tender: ~20,000 units installed (covering 50% of order book)
- Disciplined price increases and cost efficiencies drove margin expansion
- Continued commodity inflation partly offset through prudent pricing interventions
Strategic Initiatives
- Unveiled new brand positioning for "Crompton" with refreshed brand identity
- New positioning: "An Innovative Leader who delivers delightful trouble-free experiences"
- New multi-layered brand architecture for sharper category differentiation
- Part of Crompton 2.0 strategy with focused investments in brand building and consumer-centric innovation
Management Commentary
Promeet Ghosh, MD & CEO, stated: "We are delighted that this is Crompton's third consecutive quarter of strong double-digit growth across segments, with market share gains in key categories. ECD delivered a robust performance driven by broad based growth across categories. The new categories in this segment continue to gain early traction. Lighting business continues its healthy double-digit growth trajectory with sustainable profit margin. Butterfly continued its momentum with robust performance across key categories. This performance demonstrates the impact of the transformative initiatives undertaken as part of Crompton 2.0 strategy."