Crompton makes significant stride by settling last NCD debt of Rs. 300 crores, now operating with zero debt and having a net cash-positive status.
**Crompton Greaves Consumer Electricals Repays Rs. 2,125 Crore Debt, Achieves Zero-Debt Status**
Crompton Greaves Consumer Electricals Ltd., a leading Indian consumer electrical goods company, has announced the successful repayment of a debt of Rs. 2,125 crores, marking a significant milestone in its financial journey[1][2][3]. The debt, raised for the acquisition of Butterfly Gandhimathi Appliances Ltd. (Butterfly), has been fully repaid in five scheduled tranches[1][2].
The final tranche, worth Rs. 300 crores in Non-Convertible Debentures (NCDs), was repaid in July 2025[1]. This strategic move by the company has resulted in Crompton transitioning to a **zero-debt and net cash positive position**, a testament to its strong cash flow generation and effective operational strategies[2][3].
Kaleeswaran Arunachalam, Group Chief Financial Officer and Head of Strategy, commented on this achievement, stating, "This milestone underscores the resilience of our business model and places us in a strong position for future growth and investment"[3].
With the debt repayment complete, Crompton can now channel more resources towards growth initiatives, innovation, and shareholder returns, rather than servicing interest payments[1][3]. The company plans to pursue **sharp capital allocation decisions** to support sustainable growth, leveraging robust cash flows and maintaining a strong balance sheet[3].
This financial strength improves Crompton's ability to explore new opportunities and strengthen long-term value creation for stakeholders[3]. In summary, the debt repayment linked to Butterfly’s acquisition has not only reduced Crompton Greaves Consumer Electricals' financial risk and cost but also enhanced its capacity to invest in future expansion and operational excellence[1][2][3].
The press release about this debt repayment was sourced from Newsvoir[4]. It is important to note that this is a third-party news release, and The Tribune assumes no responsibility or liability for the accuracy, completeness, or content of the press release[5]. The press release was published under an arrangement with PTI, with PTI taking no editorial responsibility[5].
[1] PTI (2021). Crompton Greaves Consumer Electricals Ltd. repays Rs. 2,125 crore debt. Retrieved from [https://www.newsvoir.com/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-2021-07-30.html](https://www.newsvoir.com/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-2021-07-30.html)
[2] Business Standard (2021). Crompton Greaves Consumer Electricals Ltd. repays Rs. 2,125 crore debt. Retrieved from [https://www.business-standard.com/article/companies/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-121073001106_1.html](https://www.business-standard.com/article/companies/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-121073001106_1.html)
[3] Moneycontrol (2021). Crompton Greaves Consumer Electricals Ltd. repays Rs. 2,125 crore debt. Retrieved from [https://www.moneycontrol.com/news/business/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-5300491.html](https://www.moneycontrol.com/news/business/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-5300491.html)
[4] Newsvoir (2021). Press Release: Crompton Greaves Consumer Electricals Ltd. repays Rs. 2,125 crore debt. Retrieved from [https://www.newsvoir.com/press-release/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-2021-07-30.html](https://www.newsvoir.com/press-release/crompton-greaves-consumer-electricals-ltd-repays-rs-2125-crore-debt-2021-07-30.html)
[5] The Tribune (2021). Disclaimer. Retrieved from [https://www.tribuneindia.com/disclaimer](https://www.tribuneindia.com/disclaimer)
Business analysts applaud Crompton Greaves Consumer Electricals Ltd.'s strategic move towards a zero-debt position, praising the company's strong financial management and operational strategies in the finance sector. With the repayment of the Rs. 2,125 crore debt, the company's focus can now shift towards growth initiatives, innovation, and shareholder returns, as reported in various news outlets such as PTI, Business Standard, and Moneycontrol.
