Crompton Greaves Consumer Electricals Limited is in early stages of evaluating entry into the data centre sector through water pumps, lighting, institutional solar and exhaust systems, as Chief Financial Officer Kaleeswaran Arunachalam told Moneycontrol. The exploration is part of its Crompton 2.0 strategy to protect core categories while scaling emerging businesses and entering new whitespaces, with 2.5 percent to 3 percent of revenue earmarked for future-oriented initiatives.

Jefferies has reaffirmed its Buy rating on Crompton Greaves Consumer Electricals with a price target of Rs 330, implying about 28.9% upside from Rs 255.95, based on 28 times June 2028 estimated EPS versus a five-year average of 34 times. Jefferies cited the Crompton 2.0 strategy, doubling of total addressable market to Rs 1,600 billion via solar pumps and wires, expected operating margins of 11-12% by FY29, and forecasts of 12% revenue CAGR and 18% EPS CAGR over FY26-FY29, with EBITDA rising from Rs 8.27 billion to Rs 12.52 billion and adjusted net profit from Rs 5.14 billion to Rs 8.42 billion.

Motilal Oswal maintained its buy rating on Crompton Greaves Consumer Electricals Limited, seeing further upside despite near-term challenges around input costs, regulation and competitive pressures.

Crompton Greaves Consumer Electricals Ltd. unveiled its Crompton 2.0 Master Brand identity to drive premiumisation and innovation, with Group CFO Kaleeswaran Arunachalam outlining smart and connected products, design and sustainability as growth drivers. The company launched the premium Rhion brand with its Biofier water purifier and targets about Rs 300 crore from Rhion in three years before democratising innovations to the core Crompton portfolio, while guiding to a long-term 200-bps EBITDA margin expansion after doubling ad spend to 3.2% and raising innovation spend to 1%.

Crompton Greaves Consumer Electricals Ltd raised prices by high-single digits to low-double digits in Q1FY27 amid higher raw material costs. The company also launched its super-premium brand Rhion, with its first product a water biofier priced at an MRP of Rs 42,000, as brands push AI-enabled and premium products to sustain premiumisation.