Crompton Gr. Con Q1 FY27 Results (NSE: CROMPTON)
Signal: Steady quarter
The read
Revenue grew 11.8% YoY to ₹2,235 Cr; PAT up 15.2% to ₹143 Cr, but EBITDA margin was flat at 11.0% as gross margin compression offset cost control; the quarter marks a return to profit after the exceptional-driven loss in Q4FY26, but margin expansion remains elusive.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,235.02 Cr | 11.8% | -2.1% |
| EBIT | ₹201.01 Cr | 11.2% | |
| Net profit | ₹142.7 Cr | 15.2% | |
| EPS | ₹2.18 | 14.7% | |
| EBIT margin | 11.0% |
P&L walk
Revenue grew 11.8% YoY with all segments positive; EBITDA margin flat at 11.0% as gross margin contraction offset cost control; PAT up 15.2% on higher revenue and lower finance costs.
Segments
All three segments posted YoY revenue growth – Electric Consumer Durables +10.6%, Lighting +15.4%, Butterfly +18.4%; segment margins stable – Electric Consumer Durables PBIT margin at 13.5%, Lighting 12.0%, Butterfly 4.2%; no segment dragging the group; consolidated results lifted by scale in all units.
Key positives
- Revenue grew 11.8% YoY to ₹2,235 Cr, driven by double-digit growth across all three segments.
- PAT attributable to owners rose 14.9% YoY to ₹140.5 Cr, aided by revenue growth and lower finance costs.
- Finance costs dropped 33.6% YoY to ₹9.7 Cr, indicating debt reduction.
Key concerns
- EBITDA margin was flat at 11.0% YoY as gross margin compression (~90bps) offset cost control in employee and other expenses.
- Sequential revenue declined 2.1% against a seasonally strong Q4, though this is typical for Q1.
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