Guidance ledger · Q4 FY26

Crompton Greaves Consumer Electricals Ltd CROMPTON

3 revisions on record · 1 lowered · 2 raised — the strikethrough is what management used to say

refuses forward guidance · held across quarters

Holding view → · latest concall · The pulse

↓ lowered Solar portfolio scale-up aspiration Q2 FY26 → Q4 FY26

~~Rs. 2,000 Cr in 18-24 months (Q2FY26)~~ → Rs. 2,000 Cr in 3-4 years (corrected upward from Kaleeswaran's Rs. 1,500 Cr)

“I didn't say Rs. 1,500 Cr, I said Rs. 2,000 Cr”

↑ raised ECD EBIT margin trajectory Q2 FY26 → Q4 FY26

~~Compressed by LDA/TPW seasonality + commodity (Q2FY26)~~ → 6.8% in H1 to ~10% in Q4 - recovered intra-year

“Our EBIT margins improved from 6.8% in H1 to exit at about 10% in Q4”

↑ raised Fans price-hike cadence under BEE 2.0 + commodity Q3 FY26 → Q4 FY26

~~1-1.5% Jan + two more rounds in Q4 and Q1 (Q3FY26 plan)~~ → Cumulative 7-8% taken across last year, large part in Q4; further cost inflation flagged in April with more pricing/Unnati action pending

“we've taken about 7% to 8% price increase in our lead category like fans”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.