Crompton Greaves Consumer Electricals Limited (CROMPTON.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+65.9%

₹328.80

vs ₹198.14 price

Levered DCF

₹318.54

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

4.73

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-59.47×	40×	39.27×	40.19×	40.61×	39.93×	26.6×	36.25×
P/B	4.85×	6.56×	5.76×	7.02×	9.62×	12.85×	8.99×	13.25×
P/S	1.78×	2.83×	2.36×	2.72×	4.37×	5.17×	2.92×	3.25×
EV / EBITDA	105.58×	25.35×	24.93×	25.43×	32.62×	34.81×	22.57×	25.8×
Gross margin	21.3%	32.9%	31.5%	31.8%	31.3%	31.9%	32.0%	30.9%
Operating margin	8.1%	19.4%	18.5%	20.1%	21.9%	22.5%	22.3%	21.7%
Net margin	-3.0%	7.1%	6.0%	6.7%	10.7%	12.8%	11.0%	9.0%
Current ratio	1.43×	1.34×	1.31×	1.3×	1.01×	2.1×	1.61×	1.43×
Debt / equity	0.07×	0.14×	0.23×	0.38×	0.69×	0.27×	0.24×	0.59×
Interest coverage	14.89×	31.86×	17.1×	12.62×	33.5×	25.14×	24.78×	16.28×
Dividend yield	1.3%	0.9%	1.1%	0.8%	0.7%	0.8%	1.1%	0.9%
Payout ratio	-79.8%	34.7%	43.5%	34.1%	27.0%	30.4%	30.3%	32.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-8.2%	16.4%	14.7%	17.4%	23.6%	31.9%	33.8%	36.6%
Return on invested capital	17.2%	25.2%	24.0%	25.1%	18.2%	36.0%	45.0%	39.4%
Return on assets	-4.0%	8.8%	7.2%	8.2%	9.0%	17.0%	18.0%	15.0%
Free cash flow yield	4.4%	2.8%	4.4%	2.5%	2.3%	3.3%	2.7%	1.9%
Earnings yield	-1.7%	2.5%	2.5%	2.5%	2.5%	2.5%	3.8%	2.8%
Enterprise value	₹144.2B	₹225.1B	₹177.9B	₹196B	₹251B	₹250.8B	₹135.2B	₹150.7B
Net debt / EBITDA	0.11×	0.31×	0.72×	1.2×	1.97×	0.35×	0.54×	0.91×
Cash conversion cycle (days)	-14	-0	3	15	13	8	24	12