Greaves Cotton Limited

Greaves Cotton Limited

192.15
INR
-1.55
(-0.80%)
1.50EPS
47.86P/E
51.30BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
70.82
69.45
66.04
66.81
73.27
82.39
79.73
64.57
73.37
115.23
111.48
125.04
146.78
154.74
Basic EPS, GAAP
5.05
3.42
8.23
7.4
8.28
6.74
5.4
-0.81
-1.53
3.37
-5.83
2.51
4.6
4.6
Free Cash Flow per Basic Share
4.2
6.95
7.99
2.91
9.38
2.81
1.08
4.23
-5.29
-9.25
-13.45
-4.49
-2.71
- -
Dividend per Share
1.4
2.34
6.77
6.02
6.62
6.63
- -
- -
0.2
0.2
0.9
2
2
- -
Book Value per Share
33.56
35.02
36.49
37.89
39.51
39.68
34.55
33.84
32.36
68.49
62.08
60.46
61.43
- -
Tangible Book Value per Share
32.78
34.16
35.14
36.07
37.32
33.16
27.06
25.64
23.96
60.78
41.44
40.37
41.75
- -
Basic Weighted Avg Shares
244
244
244
244
244
244
239
231
231
232
232
232
233
232
Sales/Revenue/Turnover
17,295
16,960
16,127
16,315
17,893
20,121
19,082
14,930
16,968
26,683
25,859
29,057
34,175
35,953
Operating Margin (%)
8.42
9.25
13.91
12.18
11.55
11.31
8.14
1.51
-1.66
3.01
0.46
1.23
3.92
3.71
Depreciation Expense
446
477
456
469
524
522
609
604
587
567
844
1,035
1,088
1,101
Net Income, GAAP
1,234
836
2,009
1,807
2,022
1,647
1,292
-188
-353
780
-1,353
584
1,071
1,069
Effective Tax Rate (%)
29.52
24.62
31.58
26.97
31.5
32.21
24.69
- -
- -
38.17
- -
108.66
69.29
69.45
Profit Margin (%)
7.13
4.93
12.46
11.07
11.3
8.19
6.77
-1.26
-2.08
2.92
-5.23
2.01
3.14
2.97
Working Capital
4,654
5,121
3,230
3,173
3,449
3,216
3,138
2,603
461
13,636
4,965
6,299
8,051
- -
LT Debt
- -
- -
- -
- -
- -
53
145
108
1,826
178
198
152
3,213
- -
Total Equity
8,196
8,552
8,911
9,253
9,650
9,828
7,988
7,825
7,493
19,676
16,742
15,853
15,140
- -
Return on Invested Capital (%)
14.11
8.37
20.04
16.8
18.76
14.53
13.31
- -
- -
2.96
- -
-0.21
1.74
- -
Return on Capital (%)
16.14
10.18
23.08
19.96
21.45
17.3
14.63
- -
- -
6.23
- -
7.11
10.46
- -
Return on Common Equity (%)
15.89
9.99
23.01
19.89
21.39
17.03
14.61
-2.38
-4.61
6.68
-8.94
4.1
7.55
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
732
- -
LT Borrowings
- -
2,756
- -
LT Finance Leases
- -
457
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
233
233
233
Market Capitalization
44,636
28,100
51,296

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
17,372
- -
Cash, Cash Equivalents & STI
- -
6,228
- -
Accounts Receivable, Net
- -
3,448
- -
Inventories
- -
3,143
- -
Total Current Liabilities
- -
9,321
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
732
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.29%
26.73%
-4.49%
Free Cash Flow
9.51%
-42.04%
-39.55%
Net Income, GAAP
-71.9%
-113.23%
83.46%
Sales/Revenue/Turnover
9.42%
19.56%
17.61%
Total Cash Common Dividend
- -
- -
0.13%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6,397
7,053
7,505
8,228
29,057
2026
7,454
- -
8,755
10,003
34,175
2027
9,741
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.44
-0.75
0.9
1.03
2.51
2026
1.42
- -
1.1
0.97
4.6
2027
1.11
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -

Company Description

CEO
Parag Satpute
Full Time Employees
4,431
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Tower 3 Mumbai MA India 400013
IPO Date
Dec 8, 1994
Business
Greaves Cotton Limited (GREAVESCOT.NS) is a diversified engineering company that manufactures fuel-agnostic powertrains, engines, gensets, electric vehicles, farm equipment, and aftermarket spares and services; it provides end-to-end mobility solutions including electronic motion control systems, EV financing through its subsidiary Greaves Finance Limited, retail and distribution via Greaves Retail, and engineering technologies through Greaves Technologies. The company operates primarily in the engines segment (diesel, petrol, CNG from 1.5 HP to 700 HP for automotive, non-automotive, agricultural, construction, and marine applications), electric mobility (two- and three-wheelers such as Ampere Nexus, Magnus Neo, Eltra City XTRA, and cargo vehicles), gensets (diesel generators from 2.5 KVA to 500 KVA, CPCB IV+ compliant), power tillers, pumpsets, construction equipment, and renewable energy solutions; it also offers digital ecosystems connecting consumers, partners, and service providers across the mobility value chain. Founded in 1859 and headquartered in Mumbai, India, Greaves Cotton maintains a strong presence across India with over 200 distributors, 8,000 retail stores, and 20,000 mechanics, while exporting spares to countries including Sri Lanka and Bangladesh through subsidiaries like Greaves Electric Mobility, Greaves Finance, Greaves Retail and Distribution, Greaves Technologies, and Greaves Engineering. In recent developments, Greaves Cotton approved a Rs 22 crore investment in wholly-owned subsidiary Greaves Finance Limited via rights issue in September 2025 to bolster EV retail financing and capitalize borrowings, maintaining 100% ownership; the company launched its GREAVES.NEXT five-year growth strategy on November 6, 2025, emphasizing energy, mobility, and industrial solutions alongside reclassification of senior management personnel. Greaves Electric Mobility achieved milestones including Eltra City XTRA's national record of 324 km on a single charge in July 2025, Ampere Nexus named Electric Scooter of the Year 2025, entry into battery swapping with Indofast Energy in March 2025, and partnerships such as with Chara Technologies for rare-earth-free motor technology in April 2025; it also secured EMPS scheme incentives, partnered with Shriram Finance for three-wheeler adoption, and expanded financing collaborations with River Mobility, ACKO, and Eqaro Surety. Additional strategic moves encompass Greaves Retail unveiling electric light construction equipment at bauma CONEXPO India 2024, Greaves Engineering's CPCB IV+ gensets launch, and ongoing subsidiary appointments including Parag Satpute as Managing Director & Group CEO in April 2025 and Vikas Singh as Managing Director of Greaves Electric Mobility in June 2025.