Prateeksha Sabhani - Team MoneyWorks4meCrompton Greaves is a leading player in the electrical engineering space and manufactures transformers, switchgears, circuit breakers, rotating machines and a range of consumer durable products. The company has the highest market share in 765 kv. transformers and is among the top 10 transformer manufacturers in the world. In the consumer durables range, it is the market leader in the fans segment.
Crompton Greaves faces stiff competition from majors like ABB, Areva T&D especially in offerings like transformers, switchgears etc. Also, active participation by Korean and Chinese players for orders from Power Grid Corporation (PGCIL) has resulted in severe pricing pressure.
a) So, how has Crompton Greaves performed in the recent past and what lies in store for the next few quarters?
b) What is in store for the company’s long-term future?
Ketan Gujarathi
Team-MoneyWorks4me
