Crompton Greaves Consumer Electricals stock, consumer electricals

Nomura cuts target for Crompton stock to INR 292

Published on 10/25/2026 at 01:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 18.20 percent to INR 22.63 billion. Crompton stock last stood at INR 195.18 on October 23, 2026, below its INR 310.50 high.

Sales and target revisions

Nomura lowered its target to INR 292 on October 19, 2026.
Second-quarter fiscal 2027 revenue reached INR 22.63 billion, up 18.20 percent year over year.
Crompton Greaves Consumer Electricals had a market capitalization of INR 125.7 billion as of October 23, 2026.

Crompton Greaves Consumer Electricals stock, consumer electricals, analyst target, quarterly results, NSE, Illustration mit AI erstellt.

Crompton Greaves Consumer Electricals faced a lower valuation benchmark after Moneycontrol reported on October 19, 2026 that Nomura kept its Buy rating but cut its target to INR 292 from an earlier level. The report followed Crompton's second-quarter fiscal 2027 results, which showed stronger sales but continuing cost pressure.

Nomura weighs commodity costs

Nomura said quarterly revenue of INR 22.6 billion rose 18.20 percent year over year and stood 4.00 percent above its estimate. EBITDA reached INR 2.0 billion, up 24.00 percent, while the EBITDA margin was 9.00 percent. The brokerage lowered its target multiple to 25 times from 28 times because of near-term commodity risks.

Moneycontrol reported on October 19, 2026 that Motilal Oswal kept a Buy rating and a INR 300 target after earnings were in line with its estimates. Its report also said Crompton reiterated a fiscal 2029 EBITDA margin target of 11.00 percent to 12.00 percent.

What does the quarter mean for margins?

The answer is mixed. EquityBulls reported on October 16, 2026 that consolidated revenue reached INR 22.63 billion, up 18.20 percent, while profit after tax rose 65.10 percent to INR 1.25 billion. The EBITDA margin expanded 40 basis points to 9.00 percent, but lighting EBIT margin fell 260 basis points to 12.90 percent because of pre-contracted lower-priced orders.

Three dated signals for investors

On October 1, 2026, Crompton disclosed a potential INR 15.93 million tax-related impact in a regulatory filing. On October 16, 2026, second-quarter revenue reached INR 22.63 billion. On October 19, 2026, Nomura cut its target to INR 292 from an earlier level while retaining Buy, according to Moneycontrol.

Next dated company event

The company is scheduled to receive the Golden Peacock Award for ESG at a ceremony on November 18, 2026, in London, according to a regulatory filing reported by FinancialFilings on October 8, 2026.

Stock valuation after the results

The last available NSE quote was INR 195.18 on October 23, 2026 at 3:28 p.m. IST. The 52-week range was INR 192.02 to INR 310.50, while market capitalization stood at INR 125.7 billion on the same date. The combination of 18.20 percent sales growth and a 9.00 percent EBITDA margin leaves cost inflation as the central issue in the latest broker updates.