Net Sales are expected to increase by 8.6 percent Y-o-Y (down 16.3 percent Q-o-Q) to Rs. 1,127 crore, according to Sharekhan.
From a valuation standpoint, Crompton trades at a significant discount to Havells and offers a favourable risk-reward ratio on a relative basis.
Net Sales are expected to increase by 13.5 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 1,366.9 crore, according to Reliance Securities.
The capital goods companies (excluding L&T) have announced orders worth Rs 14,500 crore for Q4FY19, down 55 percent YoY
Net Sales are expected to increase by 10.5 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs. 1,036.7 crore, according to Prabhudas Lilladher.
From a business perspective, both Crompton and V-Guard have a strong product portfolio as well as execution capabilities and remain well positioned to capture the demand in the market.
Net Sales are expected to increase by 10.3 percent Y-o-Y (down 12.1 percent Q-o-Q) to Rs. 1,060 crore, according to HDFC Securities.
While the volumes will continue to grow at a healthy pace due to shorter replacement cycles (reduction in warranty period) and deeper market penetration, the margins will certainly suffer on account of reduction in selling prices.
Crompton is continuously working on product innovation, diversification and premiumisation and also gaining market share across segments and products.
Net Sales are expected to increase by 14.3 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 1,210 crore, according to HDFC.
The consumer durable market offers immense growth potential as penetration levels of even the most basic electronic goods are in low double-digits
Crompton aims to introduce 1-2 innovate products in each season across categories.
Net Sales are expected to increase by 14.4 percent Y-o-Y (up 31.2 percent Q-o-Q) to Rs. 1,231 crore, according to HDFC Securities.
The company's earnings visibility may improve by virtue of a strong order book and a shift towards product premiumisation.
Expectations were running low on account of pre-GST implementation adjustments in the quarter, and overall, the Nifty earnings have not resulted in any incremental negative surprise.
Crompton Greaves Consumer Electrical reported a mixed performance in Q1. In an interview to CNBC-TV18, Shantanu Khosla, MD of the company Industries spoke about the results and his outlook for the company.
Crompton Greaves Consumer Electrical expects demand, hit by demonetisation, to be back to normal in 3-6 months.