Crompton Greaves Share Price Rebounds After Q2: Profit Jumps 65%, but Can the Stock Hold Above Rs 200?
- October 29, 2026
- Posted by: Kunal Singla
- Category: News
The Crompton Greaves share price was Rs 202.37 on the NSE, down 0.8%, around 9:46 AM IST on Thursday, 29 Oct 2026, after a rebound in recent sessions, with the Q2 net profit up 64.9% to Rs 124.39 crore on revenue of Rs 2,263.29 crore, up 18.2%, but the Supertrend still bearish at Rs 223.91.
Quick Answer
The Crompton Greaves share price was Rs 202.37, down 0.8%, around 9:46 AM IST on 29 Oct 2026, giving a market capitalisation of about Rs 13,071 crore. In the September 2026 quarter, revenue from operations rose 18.2% to Rs 2,263.29 crore and net profit rose 64.9% to Rs 124.39 crore, though profit fell 12.8% from Rs 142.70 crore in the June quarter. The stock trades below its 20-day average of Rs 204.93 and well below the Supertrend of Rs 223.91, so the rebound is not yet a confirmed trend change. This is educational and not a recommendation.
A rebound in a stock that has fallen hard raises the question of whether it is a recovery or a pause. This article looks at the Crompton Greaves share price against its Q2 results, the three business segments, the operating margin, the valuation distortions from an earlier loss and the chart, using prices at 9:46 AM IST.
A caution: I could not find a specific news trigger for the recent rebound, so I do not attribute it to one. Also, the quarter ended in March 2026 had a large loss that distorts trailing earnings and valuation ratios. It is educational and not advice.
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Crompton Greaves Share Price Today: Snapshot
| Crompton Greaves share price: item | Value (NSE, 9:46 AM IST) |
|---|---|
| Last price | Rs 202.37, down 0.8% |
| Market capitalisation | About Rs 13,071 crore |
| RSI | 48.0, neutral |
| 20-day EMA | Rs 204.93; price is about 1.3% below it (my calculation) |
| Supertrend | Rs 223.91, bearish; price is about 9.6% below it (my calculation) |
The Crompton Greaves share price is slightly below its 20-day average and well below the Supertrend line. The RSI of 48 shows momentum neither strong nor weak. In plain terms, the stock has bounced but has not yet turned the trend, and Rs 205 and Rs 224 are the levels it would need to reclaim.
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Crompton Greaves Share Price and Q2 Results
| Crompton Greaves share price: Q2 measure (Rs crore) | Q2 FY27 | Comment |
|---|---|---|
| Revenue from operations | 2,263.29 | Up 18.2% |
| Profit before tax | 166.93 | |
| Net profit | 124.39 | Up 64.9% year on year; down 12.8% from 142.70 in Q1 |
| Earnings per share | Rs 1.85 | For the quarter |
| EBITDA (data provider) | 222.18 | Against 171.76 a year earlier, up about 29.4% (my calculation) |
| EBITDA margin | About 9.8% | My calculation on revenue of 2,263.29 |
Profit growth of 64.9% is far above revenue growth of 18.2%, which means margins improved on a year earlier. The year-ago profit implied by the growth is about Rs 75 crore (my calculation), a low base, so part of the jump is arithmetic. The drop of 12.8% from the previous quarter is the counterpoint: profit has grown on a year-on-year basis but not sequentially.
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Segments Behind the Crompton Greaves Share Price
| Crompton Greaves share price: segment (Rs crore) | Q2 FY27 | Year earlier | Growth (my calculation) |
|---|---|---|---|
| Electric consumer durables | 1,634.49 | 1,369.29 | About 19.4% |
| Lighting | 298.29 | 261.06 | About 14.3% |
| Butterfly | 330.51 | 285.22 | About 15.9% |
| Total | 2,263.29 | 1,915.57 | About 18.2% |
Electric consumer durables, which includes fans, pumps and appliances, is about 72% of revenue (my calculation) and grew fastest at about 19.4%. Lighting and the kitchen appliances brand Butterfly grew in the mid-teens. Every segment grew, which is better than a single segment carrying the result, and it supports the case for the Crompton Greaves share price holding up after the results.
The three segments serve different needs. Electric consumer durables covers the products most households associate with the brand, such as fans, pumps and home appliances, and its size makes it the main driver. Lighting covers lamps, luminaires and related products and is affected by competition from low-priced imports and new technology. Butterfly is a kitchen appliances brand that adds a different customer base. A balanced result across all three lowers the risk that one weak product line undoes the quarter.
Growth of 14% to 19% across segments is also above typical inflation, which suggests volume or mix improvement and not just price increases, though the filing would be needed to split the two. Without that split, treat the growth as a positive signal and not a proof.
Valuation Distortion: Why the Crompton Greaves Share Price Ratios Look Odd
The quarter ended March 2026 showed a loss of about Rs 531 crore, which pulls trailing twelve-month earnings per share to a negative Rs 2.53. A price to earnings ratio on that figure is meaningless, so I do not use it for the Crompton Greaves share price. A fairer approach is to annualise recent quarters, but that depends on the earnings holding, which is the open question.
| Crompton Greaves share price: valuation approach | Comment |
|---|---|
| Trailing earnings | Distorted by the March 2026 quarter loss; not usable |
| Annualised Q2 earnings | Quarterly EPS of Rs 1.85 gives about Rs 7.40 a year, a price to earnings near 27 times (my rough calculation) |
| Caveat | Q2 earnings were higher than Q1 in year-on-year terms but lower sequentially; annualising can mislead |
The annualised figure is only an illustration. If quarterly profit stays near Rs 124 crore, the stock trades at about 27 times earnings, which is not low for a consumer durables company with margins under 10%. Whether that is fair depends on how stable the margins are.
Quarter on Quarter: What the Crompton Greaves Share Price Has Seen
| Crompton Greaves share price: net profit trend | Rs crore | Comment |
|---|---|---|
| June 2026 quarter (Q1 FY27) | 142.70 | Seasonally strong quarter for fans and coolers |
| September 2026 quarter (Q2 FY27) | 124.39 | Down 12.8% from Q1; up 64.9% on the year-ago quarter |
| Year-ago Q2 (implied) | About 75 | My calculation from the 64.9% growth |
| March 2026 quarter | Loss of about 531 | One-off effect that distorts trailing figures |
Reading this pattern, the business earned more in a seasonally strong first quarter and less in the second, which is normal for a company selling fans, coolers and appliances. The more important point for the Crompton Greaves share price is that the March 2026 loss is behind it and two profitable quarters have followed. Whether the profit holds above Rs 120 crore in the coming quarters will shape how the market values the stock.
A single quarter is a thin base for a view. Look at the trend in margins, in the share of the premium products, and in the debt and cash position in the quarterly filing. I did not have the cash and debt figures in my sources, so I do not comment on them.
What to Check Before Acting on the Crompton Greaves Share Price
| Crompton Greaves share price: check | Why it matters |
|---|---|
| Margin trend | An EBITDA margin near 9.8% can move with commodity and freight costs |
| Segment mix | Electric consumer durables is about 72% of revenue, so it drives the result |
| Seasonality | Fans and coolers sell more in the warmer months |
| Price versus the trend lines | The Supertrend at Rs 223.91 stays above the price until the trend turns |
| Next result date | Not in my sources; check the exchange filing |
The list above is a way to turn the headline into questions you can answer from filings. The Crompton Greaves share price is a reflection of expectations about all five items, so a change in any of them can move the stock.
Risks Around the Crompton Greaves Share Price
- Trend still bearish. The Supertrend at Rs 223.91 is above the price, so the Crompton Greaves share price has not confirmed a recovery.
- Sequential decline. Profit fell 12.8% from Q1, so year-on-year growth may be flattering.
- Low base. A year-ago profit near Rs 75 crore (my calculation) makes growth look larger.
- Margins. An EBITDA margin near 9.8% leaves limited room if input costs rise.
- Seasonality and demand. Fans and appliances depend on the season and consumer spending.
- Unknown trigger. I could not identify the cause of the recent rebound, so it may not last.
Conclusion: The Crompton Greaves Share Price Has Bounced, Not Yet Turned
The Crompton Greaves share price at Rs 202.37 reflects solid year-on-year growth across all segments, but also a sequential profit decline and a bearish trend signal. Watch Rs 205 and Rs 224, read the next quarter, and decide according to your own risk profile.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Crompton Greaves share price today?
Ans. The Crompton Greaves share price was Rs 202.37 on the NSE, down 0.8%, around 9:46 AM IST on 29 Oct 2026. The market capitalisation is about Rs 13,071 crore.
How did Crompton Greaves perform in Q2?
Ans. Revenue from operations was Rs 2,263.29 crore, up 18.2%, and net profit was Rs 124.39 crore, up 64.9% from a year earlier. Profit before tax was Rs 166.93 crore and earnings per share Rs 1.85.
Why did the Crompton Greaves share price rebound?
Ans. I could not find a specific news trigger. The Q2 results showed strong year-on-year growth, but the stock is still below its 20-day average and the Supertrend, so the rebound is not a confirmed trend change.
Did Crompton Greaves profit fall from the previous quarter?
Ans. Yes. Net profit of Rs 124.39 crore was 12.8% lower than Rs 142.70 crore in the June quarter, even though it was 64.9% higher than a year earlier.
Which segment grew fastest at Crompton Greaves?
Ans. Electric consumer durables grew about 19.4% to Rs 1,634.49 crore (my calculation). Lighting rose to Rs 298.29 crore and Butterfly to Rs 330.51 crore.
Is the Crompton Greaves share price expensive?
Ans. Trailing earnings are distorted by a loss of about Rs 531 crore in the March 2026 quarter. Annualising Q2 gives a price to earnings near 27 times (my rough calculation), which is only an illustration.
What levels matter for the stock after Q2?
Ans. The 20-day average of Rs 204.93 and the Supertrend of Rs 223.91 are the upside references. The RSI is 48.0, so momentum is neutral.
Is this article investment advice?
Ans. No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.
