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Greaves Cotton Limited GREAVESCOT NSEINFRA

Industrials · Specialty Industrial Machinery · India
https://greavescotton.com

Greaves Cotton Limited operates engineering and mobility retail business in India, the Middle East, Africa, Southeast Asia, and internationally. It operates through Engines, Electric Mobility & Other Vehicles, Cables & Control Levers, and Others segments. The company engages in the provision of engines for farm equipment, gensets, and spares; manufacture and trade of electric vehicles and its spare parts; and manufacture of cables and control levers for commercial vehicles, industrial machines, construction equipment, and boats and vehicles. It also provides the greaves care and aftermarket spares services; offers retail vehicle financing; manufactures mechanical and electronic motion control systems; manufactures and supplies e-rickshaw and e-3wheeler under the ELE brand; designs, develops, manufactures, markets, and sells L5 three-wheelers; and designs and manufactures 2-wheelers under the Ampere brand. In addition, the company offers engineering services to the OEMs for development and maintenance of engines, plant and machinery, and equipment; fuel-agnostic powertrain solutions; lending and related solutions to purchasers of electric 2-wheeler and 3-wheeler vehicles; and lease financing options. Further, it offers engineering services, which includes auto application, such as diesel engine, and gasoline and alternate fuel; and non-automotive applications comprising power, agriculture, and industrial solutions. Greaves Cotton Limited was founded in 1859 and is headquartered in Mumbai, India.

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₹181.65
-10.56% 1Y

Market & Price

Market Cap
₹4,231.56 Cr
Current Price
₹181.65
High / Low (52W)
₹232.75 / ₹120.61
Beta
0.07

Valuation

Stock P/E
39.84
Industry PE
27.78
Forward P/E
20.88
PEG Ratio
0.14
Book Value
₹60.46
Price to Book
3.00
P/S
1.30
EV/EBITDA
14.76
Dividend Yield
1.52%

Profitability & Returns

ROCE
7.19%
ROE
-
ROA
-
Profit Margin
3.33%
Op Margin
3.94%
EPS (Latest Qtr)
₹0.96
EPS (TTM)
₹4.56

Balance Sheet & Liquidity

Debt/Equity
0.12
Quick Ratio
-
Current Ratio
-
Debt
₹184.73 Cr
Total Assets
₹2,893.80 Cr
Current Assets
₹1,737.19 Cr
Working Capital
₹805.08 Cr

Ownership

Promoter Holding
56.58%
Chg in Prom Hold
-
FII / Inst Holding
2.93%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹3,122.45 Cr
Total Revenue (TTM)
₹3,259.19 Cr
EBITDA
₹211.56 Cr
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
₹23.30 Cr
Gross Margin
32.69%
Payout Ratio
43.20%

Growth (CAGR)

Revenue 5Y
8.80%
Profit 5Y
11.15%
Revenue (YoY)
16.60%
Earnings (YoY)
22.50%

PROS

  • Profit CAGR of 11.1% over 5 years.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 GREAVESCOT Greaves Cotton Limited NSEINFRA 181.65 39.84 ₹4,231.56 Cr 1.52% 7.19% - 8.80% 11.15%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue -750.50 Cr822.83 Cr745.43 Cr875.47 Cr1,000.25 Cr
Cost of Revenue -502.65 Cr567.29 Cr483.89 Cr584.19 Cr695.43 Cr
Gross Profit -247.85 Cr255.54 Cr261.54 Cr291.28 Cr304.82 Cr
Operating Expenses -234.01 Cr235.07 Cr231.17 Cr256.76 Cr264.34 Cr
Operating Income -13.84 Cr20.47 Cr30.37 Cr34.52 Cr40.48 Cr
EBITDA -57.48 Cr58.02 Cr74.45 Cr51.28 Cr65.29 Cr
Interest Expense -3.15 Cr5.92 Cr4.87 Cr6.37 Cr9.98 Cr
Pretax Income -28.60 Cr26.83 Cr43.02 Cr17.31 Cr27.63 Cr
Tax Provision -21.92 Cr25.30 Cr22.17 Cr11.39 Cr25.43 Cr
Net Income -20.81 Cr24.05 Cr33.09 Cr25.50 Cr22.54 Cr
Diluted EPS -0.891.031.421.090.96

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -2,668.32 Cr2,585.86 Cr2,918.44 Cr3,436.62 Cr
Cost of Revenue -1,977.08 Cr1,816.06 Cr1,987.56 Cr2,303.04 Cr
Gross Profit -691.24 Cr769.80 Cr930.88 Cr1,133.58 Cr
Operating Expenses -610.96 Cr757.95 Cr898.63 Cr1,003.27 Cr
Operating Income -80.28 Cr11.85 Cr32.25 Cr130.31 Cr
EBITDA -181.18 Cr-179.48 Cr192.26 Cr249.75 Cr
Interest Expense -11.69 Cr9.23 Cr16.28 Cr26.05 Cr
Pretax Income -112.81 Cr-273.10 Cr72.50 Cr114.91 Cr
Tax Provision -43.06 Cr94.17 Cr78.78 Cr79.62 Cr
Net Income -78.03 Cr-135.27 Cr58.40 Cr107.14 Cr
Diluted EPS -3.35-5.832.504.56

Compounded Sales Growth

5 Years:8.80%
1 Year:16.60%

Compounded Profit Growth

5 Years:11.15%
1 Year:22.50%

Stock Price Performance

1 Year:-10.56%
6 Months:-10.38%
3 Months:+13.33%
1 Month:+8.50%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -2,724.43 Cr2,464.39 Cr2,551.61 Cr2,893.80 Cr
Current Assets -2,076.62 Cr1,186.47 Cr1,455.72 Cr1,737.19 Cr
Cash & Equivalents -86.43 Cr147.82 Cr135.03 Cr190.93 Cr
Inventory -214.95 Cr276.12 Cr335.54 Cr314.32 Cr
Receivables -166.15 Cr236.40 Cr334.46 Cr344.81 Cr
Total Liabilities -756.87 Cr790.23 Cr966.36 Cr1,379.78 Cr
Current Liabilities -712.99 Cr689.99 Cr861.00 Cr932.11 Cr
Long Term Debt -027.00 L0275.58 Cr
Total Debt -28.26 Cr80.75 Cr81.24 Cr394.42 Cr
Total Equity -1,586.54 Cr1,440.23 Cr1,405.58 Cr1,430.72 Cr
Shares Outstanding -23.16 Cr23.20 Cr23.25 Cr23.29 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow --135.16 Cr-153.04 Cr-22.52 Cr32.58 Cr
Investing Cash Flow --757.68 Cr232.42 Cr125.61 Cr-99.46 Cr
Financing Cash Flow -888.59 Cr-32.01 Cr-115.88 Cr122.78 Cr
Capital Expenditure --78.98 Cr-158.85 Cr-81.84 Cr-95.67 Cr
Free Cash Flow --214.14 Cr-311.89 Cr-104.36 Cr-63.09 Cr
Net Change in Cash --4.25 Cr47.37 Cr-12.79 Cr55.90 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -25.9%29.8%31.9%33.0%
Operating Margin % -3.0%0.5%1.1%3.8%
Net Margin % -2.9%-5.2%2.0%3.1%
ROE % -4.9%-9.4%4.2%7.5%
ROCE % -4.0%0.7%1.9%6.6%

Shareholding Pattern

Insiders
56.58%
Institutions
2.93%
Public Float
6.76%

Analyst View

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