Crompton Greaves
Crompton Greaves
Company Overview
CG was established in 1937 in India
In 1966, Crompton Parkinson Works
Ltd and Greaves Cotton & Crompton
Parkinson Ltd. merged to create
Crompton Greaves Limited
Leader in the management and
application of electrical energy
Vision/Mission/Values/Business
Principles
Purpose: Transforming your needs into smart solutions
for an enhanced quality of life
Mission: To create value by providing integrated
solutions and superior knowledge based products and
services in the domain of generation, transmission,
distribution and utilization of electrical energy.
Values
Performance Excellence
Leading Edge Knowledge
Nurturance
Customer Orientation
Intellectual Honesty
Management Team
Business Overview
Power Systems, includes transformers, switchgear, circuit
breakers, vacuum interrupters, network protection & control
gear, as well as design, servicing, and execution of turnkey T&D
and substation projects and solutions. This is the largest
business which is now well entrenched throughout the world.
Industrial Systems is engaged in the business of power
conversion equipment; a wider spectrum of High and Low
Tension rotating machines (motors and alternators), stampings,
as well as railway transportation & signaling product. Industrial
Systems is largely India focused with a very strong market
presence and market leadership position in many segments
Consumer Products, ranging from fans, light sources and
luminaries, pumps and household electrical appliances such as
geysers, mixer grinders, toasters, irons and electric lanterns.
This business is second largest SBU, highly capital efficient and
the most significant cash generator
Financials
11-Mar
10-Mar
9-Mar
8-Mar
7-Mar
6-Mar
Debt-Equity
Ratio
0.01
0.03
0.07
0.23
0.44
0.62
0.01
0.03
0.06
0.15
0.31
0.45
Current Ratio
1.33
1.34
1.29
1.22
1.26
1.29
Fixed Assets
4.62
4.95
4.63
4.38
4.21
3.4
17.88
19.08
18.2
16.69
16.64
14.96
4.66
5.01
5.03
4.84
4.99
4.6
45.8
46.52
22.51
16.41
10.61
7.83
PBIDTM (%)
16.22
17.61
13.89
13.1
10.41
9.69
PBITM (%)
14.95
16.68
12.98
12.15
9.28
8.09
PBDTM (%)
15.9
17.25
13.31
12.36
9.54
8.65
CPM (%)
12.23
12
8.93
8.33
6.4
7.51
APATM (%)
10.95
11.07
8.02
7.38
5.27
5.91
ROCE (%)
46.44
60.85
56.26
53.49
39.84
30.18
RONW (%)
34.37
41.47
37.05
39.85
32.59
35.67
Inventory
Debtors
Interest Cover
Ratio
Competitors
Parent Company
Avantha Group
CB is the part of Avantha group.
Businesses in pulp and paper, power
transmission and distribution equipment and
services, food processing, farm forestry,
chemicals, energy, infrastructure, information
technology (IT) and IT-enabled services.
Avantha group also includes Ballarpur Industries
Limited (BILT), India's largest paper
manufacturer
Led by Chairman Mr. Gautam Thapar
HR Practices/CSR
Initiatives
Academia
Industry Interface
work closely with academia to enhance the course curriculum of graduate
programmes, provide industry exposure
Affirmative Action
Working with Universities
Vocational Programmes
Community Services
Projects in the communities
Environment
An Environmental Management System (EMS)
Fundraising
sponsor organisations who help support impoverished communities or needy causes.
HIV / AIDS
CG has a stated HIV/AIDS Policy that covers all its employees
Diversify
Diverse workforce
Milestones
2005
1960
1966
1947
1937
CG established
its international
manufacturing
footprint in the
year 2005 by
acquisition of the
Belgium based
Pauwels Group
initial steps to
revolutionize
its portfolio by
acquisition of
transformer
technology
from
Westinghouse
Electric
Corporation of
USA
Crompton
Parkinson
Works Ltd and
Greaves
Cotton &
Crompton
Parkinson Ltd.
merged to
create
Crompton
Greaves
Limited (CG) in
its present
form.
This was
followed with a
series of
successful
acquisitions Ganz, Hungary
in 2006;
Microsol, Ireland
in 2007;
Sonomatra,
This was
followed by
further
expansion in
the switchgear,
vacuum
interrupter and
allied
businesses
CPL
established its
wholly owned
Indian
subsidiary
'Crompton
Parkinson
Works Ltd.', in
Mumbai, along
with a sales
organization,
'Greaves
Cotton &
Crompton
Parkinson Ltd.
Colonel REB
Crompton
founded a
business
under the
name of REB
Crompton &
Co., to engage
in the
manufacture
and
contracting of
electrical
equipment.
REB Crompton
& Co. merged
with F&A
Parkinson
Limited,
thereby
establishing
Crompton
Parkinson
Limited (CPL)
Awards/Recognitions
Recent News
Career-path
E Grade - A person who joins CG with less than one year's work experience
works as a front line person in the Unit or Sales field. Here his/her primary
task is to pick up expertise in various areas of manufacturing or sales.
M Grade: After the initial stint in the E Grade, one moves to the role of a
Deputy Manager with the added responsibility of interacting with customers
and leading a team in addition to handling his own KPAs. It is at this point
that you decide to choose between a Operations, Quality, Materials, Finance
or HR path and gain expertise that helps you prepare for the growth ahead.