Crompton Greaves Consumer Electricals Limited on May 13, 2026, announced a final dividend of ₹3 per equity share for the financial year ended March 31, 2026, following a board meeting that also cleared the company's full-year financial results. The announcement was filed with the NSE at 16:30 hours on the same day.

Dividend Details

Year-on-Year Comparison and Dividend History

The ₹3 per share payout is identical to the final dividend declared in FY25 (May 15, 2025) and FY24 (May 16, 2024), and FY23 (May 19, 2023). Prior to that, the company paid ₹2.50 per share in FY22 and FY21. Going further back, the board declared an interim dividend of ₹3 per share in October 2020, followed by ₹2.00 in FY19 and ₹1.75 in FY18.

The dividend history reveals a clear upward step from ₹1.75 in FY18 to ₹3.00 in FY23, after which the payout has remained flat at ₹3 for four consecutive years. This plateau suggests a stable but conservative capital return policy, with no incremental increase in per-share dividend despite continued business expansion.

Market Context and Valuation

Crompton Greaves shares closed at ₹284 on May 13, 2026, up ₹1.95 or 0.69% for the session. The stock is currently trading at a price-to-earnings ratio of 38.47, a premium of approximately 6.2% to the sector PE of 36.22 for the NIFTY Consumer Durables index. This valuation premium implies the market assigns a growth premium to the stock relative to peers, even as dividend growth has stalled.

The current price of ₹284 sits closer to its 52-week low of ₹217.40 (recorded January 30, 2026) than to its 52-week high of ₹362.75 (recorded May 19, 2025). The stock has declined roughly 21.7% from its 52-week peak, placing it in the lower half of its annual trading range.

Delivery and Volume Data

On the day of the announcement, the stock recorded a trading volume of 51,37,082 shares with a delivery percentage of 36.86%. A delivery ratio below 40% typically indicates a relatively higher proportion of intraday activity compared to positional buying, suggesting that the dividend announcement did not trigger a significant surge in fresh long-term accumulation on the day itself. Daily volatility stands at 1.86%, indicating moderate short-term price fluctuation.

Company Overview

Crompton Greaves Consumer Electricals Limited (NSE: CROMPTON, ISIN: INE299U01018) is a prominent consumer electricals brand operating across fans, pumps, lighting, and appliances segments. The company is part of multiple NSE indices including NIFTY CONSUMER DURABLES, NIFTY SMALLCAP 100, NIFTY INDIA MANUFACTURING, and NIFTY 500, reflecting its broad institutional index coverage.

What This Means for Investors

The flat dividend payout at ₹3 for the fourth consecutive year, combined with a dividend yield of 1.06% at current prices, positions Crompton primarily as a growth stock rather than an income-generating holding. Investors tracking the stock for capital return improvement will note the absence of any upward revision in the dividend per share despite the company's expanded scale since FY23. The stock's PE premium over sector peers, set against a price that remains 21.7% below its 52-week high, forms the key context for evaluating the dividend announcement within a broader investment framework.