Consumer Durables · CROMPTON
Consumer Electronics
from 252 today
Crompton is transitioning from the transformation phase of Crompton 2.0 to a more scalable growth phase, driven by premiumisation, new product development, and scaling of new categories. We maintain BUY with an unchanged TP of INR 315.
Crompton held its Investor Day 2026 to discuss long-term growth plans, product innovations, and GTM strategy, targeting a revenue CAGR of ~13-14% over FY26-29. We reiterate our BUY rating on the stock with a target price of INR340.
CROMPTON reported a Q1FY27 revenue growth of 11.8% YoY to INR 22.3bn, with EBITDA growing 17.1% YoY. We estimate revenue/EBITDA/PAT CAGR of 14.8%/20.0%/20.7% over FY26-28E and maintain a 'BUY' rating with a revised target price of INR 330.
Crompton's 1QFY27 earnings were in line with estimates, showing strong growth across key segments. We maintain our estimates for FY27/FY28 and reiterate BUY with a target price of INR340.
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