No, Crompton Greaves is not debt free. As of 2020, the company’s debt stood at Rs. 3341. 6 crores (approx. $450 million). This is excluding working capital and other loan related interest payments. This debt was used to finance its operations and capital expenditure related to its electrical and steam products businesses.
As of March 2020, the company had a total debt-to-equity ratio of 0. 56, indicating that a large portion of any difficulty in servicing its debt falls on the equity holders. Thus, despite having restructured its debt in 2018, Crompton Greaves is not completely debt free.
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What is the net worth of Crompton?
The exact net worth of Crompton is not publicly available. However, a few factors can be used to estimate its approximate net worth. Crompton Greaves Limited, one of India’s leading engineering companies, reported a total revenue of Rs.
36,069 Crore in 2019. This includes sales, operating income, and other income. The company has a market capitalization of Rs. 5,704 Crore and is valued at 3. 2 times its trailing twelve-month revenues.
Crompton’s total asset size as of Dec 2019 is Rs. 19,907 Crore. This includes cash and cash equivalents, marketable securities, receivables, inventories, property, plant and equipment, intangible assets, and other assets.
The company has total liabilities of Rs. 12,721 Crore, which includes long-term borrowings, short-term borrowings, and other liabilities.
Crompton has reported a net profit of Rs. 1,119 Crore for the fiscal year ending March 2019. On subtracting total liabilities from total assets and then netting out the profit or loss for the year, we can approximate the net worth of Crompton to be Rs.
Who bought Crompton Greaves?
In 2019, the company Crompton Greaves was acquired by Havells India Limited, a leading consumer electricals company. The acquisition was done for a total cash consideration of ₹3,600 Crores. The acquisition provides Havells access to a wide range of portfolio and customer base of Crompton Greaves across consumer products and customers in domestic & international market.
This focus on consumer-oriented products and customer base has accelerated the revenue growth & customer experience by diversifying the revenue base and creating strong footprints in diverse segments.
The acquisition has enabled Havells to become one stop shop for end-to-end solutions in lighting, components, energy and infrastructure.
What is the difference between Crompton and Crompton Greaves?
The differences between Crompton and Crompton Greaves can be broken down into their respective origins and products. Crompton was founded in 1878 in England by the inventor Sir William George Armstrong and initially focused on the production and selling of steam engines, dynamos, and electric lamps.
In 1936, Crompton was absorbed by GEC (General Electric Company) and its parts and skilled labor were eventually transferred to India, where GEC established Crompton Greaves.
Crompton Greaves is a leading Indian engineering and manufacturing company, known primarily for its electrical equipment, renewable energy systems, and machine tools. Established in India in 1937 and now a leader in the electrical and industrial products industry, Crompton Greaves produces products ranging from pumps and switchgears to motors and compressors and from light and heavy electrical specialties to home appliances.
Unlike Crompton, which focused mainly on production, Crompton Greaves provides a more comprehensive suite of services, including services like design and engineering, marketing, sales, and after-sales service.
In summary, the differences between Crompton and Crompton Greaves can be broken down to their respective origins and products. Crompton was founded in England while Crompton Greaves was set-up in India.
Crompton focused mainly on production while Crompton Greaves provides a more comprehensive suite of services.
Which company is Bajaj or Crompton?
Bajaj is an Indian multinational conglomerate, founded by Jamnalal Bajaj in 1926 and headquartered in Mumbai, Maharashtra. Bajaj Group comprises of 37 companies, and its core businesses include Automobile, Home Appliances, Lighting, Iron and Steel, Insurance, Investment, etc.
Bajaj is one of the most trusted brands in India and has presence in more than 70 countries globally. In 2018, Bajaj was ranked 42nd among India’s most trusted brands according to the Brand Trust Report 2018, an annual study conducted by Trust Research Advisory.
Crompton Greaves, often referred to as CG, is a consumer electrical equipment company and part of the Avantha Group. It was founded in 1937 and is headquartered in Mumbai, Maharashtra. CG is a pioneer in the electrical equipment industry and has many firsts to its credit, including the first transformer in bar form in India, the first induction regulator and the first 3-phase energy meter.
CG’s products and services span a range of industries including domestic and industrial products and services, energy management, power electronics and telecom power systems.
How many employees does Crompton have?
Crompton currently employs approximately 11,000 people around the world. They operate in multiple countries and have a diverse workforce that spans four generations of workers. Their employees are based in over 20 countries and in 4 continents – North America, South America, Europe and Asia.
The company places a great emphasis on career development, offering a range of opportunities for growth and learning. They also pride themselves in being a leader in providing an equal opportunity workplace and an inclusive culture for people of different backgrounds and experience.
What is John Deere net worth?
John Deere is one of the largest and most successful agricultural and construction equipment companies in the world. As of 2019, the company is estimated to have a net worth of nearly $50 billion. Founded in 1837, John Deere has become a leader in the agricultural, construction and forestry industries with a presence in more than 90 countries around the globe.
The company sells agricultural, construction and forestry equipment, as well as related parts and service offerings, through a vast network of retail outlets, dealerships and distribution centers. They also offer financial services, as well as digital solutions such as John Deere precision agriculture.
John Deere is well-known for their commitment to sustainability, as well as for their commitment to provide innovative products and services that help their customers be more efficient, productive and successful.
This tradition of excellence has made John Deere one of the most recognizable brands in the world and has also contributed to the company’s tremendous success and enormous net worth.
Who took over Crompton?
In February 2014, Indian conglomerate K. K. Birla Group acquired the controlling share of Crompton Greaves from French multinational Alstom. The group acquired a majority stake of 51. 7% in the company at the cost of $556 million, making it one of the largest transactions of 2014.
This acquisition allowed the Indian conglomerate to expand its business into the power and industrial product market, adding the iconic brand name of Crompton Greaves to its portfolio. With this acquisition, the K.
K. Birla Group seeks to compete with other major players in the market and drive a restructuring of the business.
Is Crompton owned by Tata?
No, Crompton is not owned by Tata. Crompton Greaves Limited is a privately owned company and the majority shareholder is AV Birla Group. The company is a subsidiary of Birla Power Solutions, a $4 billion conglomerate, led by Aditya Birla Group.
In 1912, Crompton Greaves Limited was formed when two companies, Crompton & Co from the UK and Greaves Cotton & Co from India, merged. It is a diversified engineering company that produces electric motors, generators, pumps, fans, transformers, and switchgears for the industrial and consumer products markets.
Based in Kolkata, India, Crompton Greaves is the world’s largest producer of electric motors, with a global presence in over 65 countries.
Is Greaves Cotton part of Crompton Greaves?
Yes, Greaves Cotton is part of Crompton Greaves. Greaves Cotton is a leading engineering company in India and is a wholly owned subsidiary of the Chennai-based Crompton Greaves consumer electricals Ltd.
, a part of the Avantha Group. Greaves Cotton is one of the leading engineering companies in India and manufactures a wide range of industrial, automotive and consumer products. It also has a presence in infrastructure, energy and service businesses.
The company’s portfolio includes high-performance engines, pumps, generators, switchgear, machine tools, portable power and construction equipment. It also has a large presence in the automotive and consumer products segments.
Greaves Cotton is a renowned name in the engineering industry of India, and is focused on creating sustainable value for all its stakeholders.
Which is Crompton or havells?
Crompton and Havells are both leading electrical equipment manufacturers in India. Founded in the early 1900s, Crompton was the first to enter the market, and havells was founded later on in 1958.
Crompton offers an extensive range of products including motors, pumps, fans and appliances such as water heaters, geysers and home appliance products. Elcb isolators and MCBs. Moreover, they also offer digital energy meters.
On the other hand, Havells is known for its high-end and technologically advanced appliances and products. It offers LED lighting, modular switches and surge protectors, home automation, switchgear and more.
It also offers an extensive range of electrical appliances such as water heaters, air purifiers, air conditioners, ceiling fans, extension boxes, electric switches.
In terms of pricing, Crompton offers more economical products in comparison to Havells, who have a higher initial cost but are built to last longer. Both brands have strong service networks with authorized service centers for better customer support.
Both, Crompton and Havells, have ongoing research and development programs to come up with innovative products for the Indian market.
Which brands are owned by Tata?
Tata is a global conglomerate headquartered in India that has a diverse range of business interests, including automotive, communications and information technology, energy, materials, consumer products, and services.
The company’s portfolio of brands includes some of the most well-known names in the world.
In the automotive sector, Tata Motors owns Jaguar and Land Rover, while Tata Autocomp Systems manufactures automotive components. In communications and information technology, Tata owns Tata Communications, Tata Consultancy Services, and Tata Sky, among others.
Tata’s energy portfolio includes Tata Power, Tata Chemicals, and INOX Wind. The company’s materials portfolio includes Tata Steel, Tata Metaliks, and Tata Pravesh, which specialize in steel, ferrous and non-ferrous materials and construction products, respectively.
Tata’s portfolio of consumer products includes Titan, Westside, Tanishq, and Fastrack, among others. In the services sector, Tata owns Tata AIA, Tata Power Trading Company, and Tata Cliq, and has significant stakes in several hotels.
In addition to its owned brands, Tata also manages a number of joint venture companies as well, such as Tata Starbucks and Tata Motors Finance. As a result, Tata is a multi-faceted company with a vast and diverse portfolio of brands.
Who supplies electric motors to Tata Motors?
Tata Motors source electric motors from several different suppliers, depending on the requirements of a particular project. Some of the major suppliers used by Tata Motors include EMF Technologies, Johnson Electric, and EATON.
EMF Technologies is an Indian-based engineering and manufacturing company specializing in electric motors for automotive applications. Johnson Electric is a leading global provider of motion systems and components.
It designs and manufactures high-quality electric motors for numerous applications. EATON is a world-leader in power management solutions and its products include electric motors, generators, controllers, starters, and drives.
All three of these companies have a strong track record of delivering quality products on time and within budget. Tata Motors has worked with all three suppliers to provide high-performance and durable electric motors for its vehicles.
What type of company is Crompton?
Crompton is an electronics company that serves industry professionals by producing a wide range of products. Their products include heating and cooling solutions, industrial fans, ventilation systems, light fixtures, and more.
The company has been in business for over 100 years and is based in Ontario, Canada. Crompton also provides services for industrial lighting, fire and security solutions, and HVAC systems. Furthermore, Crompton works with both commercial and residential customers.
Their ultimate goal is to help customers improve efficiency, save energy costs, and reduce their environmental footprint.
Which companies are considered large cap?
Large cap companies are generally defined as those that have a market capitalization greater than $10 billion. Some of the most notable large cap companies in the United States include Apple, Microsoft, Amazon, Facebook, Alphabet (Google’s holding company), JPMorgan Chase, Johnson & Johnson, Berkshire Hathaway, Exxon Mobil and Walmart.
This list is not exhaustive, as there are many other large companies with market caps above $10 billion. Large cap companies tend to be established and well-known, with profits that are relatively stable and resilient to market volatility.
They may offer stability and growth potential, which is why many investors like to invest in large cap stocks.