Event Type: Q2 FY27 Earnings Conference Call

Event Date and Time: October 16, 2026. The specific time was not disclosed in the provided data.

Purpose of Event: Discussion of the Unaudited Financial Results for the quarter and half year ended September 30, 2026 (Q2 FY27).

Management Participants:

  • Mr. Promeet Ghosh - Managing Director and Chief Executive Officer
  • Mr. Kaleeswaran Arunachalam - Chief Financial Officer
  • Mr. Sachin Phartiyal - Business Head, Home Electricals
  • Mr. Shaleen Nayak - Business Head, Lighting, Solar Rooftops and Wires
  • Mr. Anand Kumar - Business Head, Pumps and Kitchen Appliances
  • Mr. Rajat Chopra - Head, Global Sales and Service
  • Ms. Swetha Sagar - Chief Business Officer, Butterfly Gandhimathi Appliances
  • Mr. Ruchir Jain - Head, Investor Relations, Corporate Strategy, FP&A

Hosts/Moderators: The call was hosted by Ambit Capital, represented by Mr. Dhruv Jain and Ms. Margaret Mishra.

Availability of Materials: An investor presentation (earnings deck) was uploaded and shared with participants prior to the call. The transcript of the call was filed with the exchanges on October 24, 2026.

UPSI Statement: The moderator, Dhruv Jain from Ambit Capital, began the call by stating, "Crompton would like to point out that some of the statements made in today's call may be forward-looking in nature, and a disclaimer to that effect has been included in the earnings presentation shared with you earlier."

Financial Period Discussed: The discussion centered on the Q2 FY27 (quarter ended September 30, 2026) results and the half-year performance.

Forward-Looking Statements & Strategic Themes:

Management provided a strategic update and outlook, highlighting:

  • The launch of a refreshed brand identity (Cephyr) in August 2026.
  • An innovation agenda focused on design-led innovation, technology-forward, and smart & connected products.
  • A medium-term ambition to achieve EBITDA margins of 11-12% by FY29.
  • Evaluation of a Greenfield manufacturing plant for fans, appliances, and wires is in advanced stages.
  • Expectation for the solar pumps business to ramp up with the government's Kusum 2.0 scheme.
  • A belief that the international business (exports) presents a significant growth opportunity.
  • The restructuring of the LKA business to leverage the Butterfly ecosystem and reduce costs.

Additional Notes Section

Attachments: The regulatory filing intimates the enclosure of the transcript of the earnings call ("Encl: A/a").

Financial Data Disclosure: This document is a transcript of a call where financial results were discussed in detail. Key disclosed figures include:

  • Consolidated Revenue: Rs. 2,263 Crores (18.2% YoY growth)
  • EBITDA: Rs. 205 Crores (24.1% YoY growth)
  • EBITDA Margin: 9.0% (40 bps expansion YoY)
  • PBT (excluding exceptional items): Growth of 36.2% YoY
  • PAT: Growth of 65% YoY (aided by an exceptional item of Rs.20 Crores in the base quarter Q2 FY26)
  • Segment Performance:
  • ECD Revenue: 19.4% YoY growth; EBIT Margin: 11.6%
  • Lighting Revenue: Rs. 298 Crores (14.3% YoY growth); EBIT Margin: 12.9%
  • Butterfly Revenue: 15.9% YoY growth (excluding an in-house sale in the base)
  • Export business grew over 70% YoY.
  • Price increases in the range of 11-15% were taken across businesses, with ~80% of commodity cost increases passed through.

Logistical Details: Dial-in numbers and access codes were not included in this transcript.