Crompton Greaves Consumer Electricals Ltd Q1 FY26 Results

Summary

Crompton Greaves Consumer Electricals Ltd. (CGCEL) has announced its Q1 FY26 results. Despite seasonal impact, the company outperformed the industry in various categories. The consolidated revenue stood at Rs. 1,998 Cr. Material margins were held, and Butterfly revenue growth trajectory continued with EBITDA growth by 39% YoY. The company gained market share YoY across categories.

Key Highlights

1. 1

   Revenue for the quarter at Rs.1,819 Cr; Weather-related disruptions impacted seasonal products

2. 2

   Material Margin held at 32.1% despite challenging environment

3. 3

   Successfully transitioned to Zero Debt and continue to maintain Net Cash positive status following repayment of Rs. 300 Cr NCD tranche

4. 4

   Solar pumps witnessed 2x YoY growth this quarter; Secured largest-ever solar pumps order of Rs. 101 Cr from Maharashtra Energy Development Agency (MEDA), reinforcing leadership

5. 5

   Healthy momentum in kitchen portfolio with SDA delivering double-digit growth, driven by strong demand in small kitchen appliances

6. 6

   Lighting EBIT momentum builds as revenue remains steady; Improved market share YoY in LED lights

7. 7

   B2B delivered strong volume growth led by industrial wins; B2C momentum in outdoor and decorative lighting

8. 8

   EBIT surged 41% YoY to Rs. 29 Cr; Margins expanded 370 bps to 12.6% supported by a better product mix and operational efficiencies

9. 9

   Butterfly Revenue stood at Rs. 187 Cr, achieving strong EBITDA growth by 39% YoY

10. 10

    Growth witnessed in mixer grinders & pressure cookers, reflecting improved traction across channels

11. 11

    Introduced a new brand positioning embodying the philosophy of ‘Celebrating Change’

12. 12

    Rolled out industry first solutions across key categories through the ‘Idea First Series’ range of products — over 40 SKUs - bringing to life its new brand positioning