Crompton Greaves 4eg5j

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 

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Performance Excellence Leading Edge Knowledge Nurturance Customer Orientation Intellectual Honesty

Management Team  

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Laurent Demortier - CEO And Managing Director Madhav Acharya - Chief Financial Officer Wilton Henriques - Company Secretary & General Counsel, Global Head - Human Resources Martin Kelly - Chief Financial Officer - CG Power Jayant Kulkarni - Vice President - CG Power (Asia) Jashavant Patel - Vice President - Global R&d Dileep Patil - CEO - CG Power Anil Raina - Vice President - Industrial Systems Marc Schillebeeckx - Vice President - CG Power (Americas) Manoj Verma - Vice President - Consumer Products & Exports Mark Wetton - Vice President - CG Power (Europe, Middle East And Africa)

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

Long Term DebtEquity Ratio

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

M (%)

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 

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BHEL: BHEL is the largest engineering and manufacturing enterprise in India in the energyrelated/infrastructure sector, today. BHEL was established in 1964, ushering in the indigenous Heavy Electrical Equipment industry in India. Alstom India Pvt. Ltd.: Alstom in India has full capabilities in engineering, manufacturing, project management and supply of power generation equipment. Vijai Electricals Ltd. : one of the largest and leading manufacturer-exporters of Power and Distribution Transformers up to 15 MVA, 66 kV class in India with a turnover (2008-2009) of around US $ 302 Million.

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

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HR Practices/CSR Initiatives Academia Industry Interface ◦ work closely with academia to enhance the course curriculum of graduate programmes, provide industry exposure

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Affirmative Action ◦ Working with Universities ◦ Vocational Programmes

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Community Services ◦ Projects in the communities

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Environment ◦ An Environmental Management System (EMS)

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Fundraising ◦ sponsor organisations who help impoverished communities or needy causes.

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HIV / AIDS ◦ CG has a stated HIV/AIDS Policy that covers all its employees

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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.

the Company was taken over by Lala Karamchand Thapar, an eminent Indian industrialist who formed the Thapar Group

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

L 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 (L)

Awards/Recognitions     

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INDIA POWER AWARDS 2009 National Award Best R&D Efforts 2007 Electrama 2008 - Best Product Competition Award for Dream Transformer Golden Peacock Innovative Product / Service Award-2007 Golden Peacock Award 08-09 for NAPOKRETE ® based Instrument Transformer - Current Transformer & Voltage Transformer NABL Accreditation for 5 of its labs & 1 calibration lab

Recent News 

CG wins contract for large offshore wind farm electrical substation: WPD WINDFARM BELGIUM BVBA, has awarded CG with the development of the design, delivery and installation of the high voltage offshore substation for the Butendiek project. - Sep 14, 2011

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CG installs low noise power transformers for wind farm in Netherlands: CG has designed, produced and installed two 80 MVA power transformers for the substation in Dronten (The Netherlands) - Sep 09, 2011

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CG wins HVDC contract in Canada: Ian Harrison, General Manager of CG in Canada announced today that they have signed a contract with Manitoba Hydro to supply one 450kV, 120 MVA convertor transformer. - Sep 03, 2011

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HVDC Center of Excellence awarded to Canadian CG Power Systems facility: Laurent Demortier, CEO and Managing Director of CG, designated the Winnipeg facility as the company’s High Voltage Direct Current (HVDC) Center of Excellence for their worldwide operations. - Aug 05, 2011

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CG despatches India’s First 765 kV, 80 MVAr, Reactor: CG breaks new ground with the despatch of India’s first 765 kV, 80 MVAr, single phase Reactor.. - Jun 13, 2011

Career-path 

E Grade - A person who s 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.

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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.

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L Grade: With experience, an employee moves to the leadership role. Here he takes charge of a Unit / Function independently, sets performance standards, works to build customer relationships, provides technical assistance to his 2nd line and team, develops a good work atmosphere in the shop-floor, and works as an interface with other internal departments.

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Unit Head: Based on performance and experience, the professional progresses to the role of a Unit Head. Here he/she manages manufacturing Unit. Issues relating to customer, people, and business are the primary responsibility of the UH. Later one can aspire to head any of the SBUs (Strategic Business Units).