Greaves Cotton Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Low debt relative to equity (D/E 0.3x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GREAVESCOT · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.00% | 56.00% | 55.88% | 55.88% | 55.88% | 55.88% |
| FII | 3.18% | 2.81% | 1.15% | 1.04% | 2.41% | 2.86% |
| DII | 3.44% | 3.75% | 3.76% | 3.81% | 3.50% | 3.31% |
| Public | 37.36% | 37.43% | 39.18% | 39.23% | 38.20% | 37.93% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 2 Per Share
Dividend - Rs 2 Per Share
Dividend - Rs 0.90 Per Share
Latest News
All news →Greaves Cotton plans ₹331 crore rights issue for e-mobility
*Greaves Cotton plans ₹331 crore rights issue for e-mobility* — Greaves Cotton announced a proposed **₹331 crore** rights issue to strengthen its electric mobility vertical. The move reinforces its commitment to scaling Greaves Electric Mobility. Funds will support growth initiatives and capital requirements in the EV segment. The rights issue is expected to bolster the company’s balance sheet and strategic focus. 📊 *STOCKS:* GREAVESCOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #RightsIssue
Greaves Cotton launches Dubai subsidiary for global expansion
*Greaves Cotton launches Dubai subsidiary for global expansion.* The company announced the formation of a new subsidiary in Dubai on June 30, 2026, to boost its international presence and accelerate overseas growth. This strategic move is aimed at enhancing global market reach and driving revenue diversification. 📊 *STOCKS:* GREAVESCOT | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Expansion
Ampere crosses 4 lakh EV sales milestone
*Ampere crosses 4 lakh EV sales milestone*. Greaves Electric Mobility, a subsidiary of Greaves Cotton, announced that its brand Ampere has crossed **4 lakh** cumulative electric vehicle sales. This strengthens its leadership in the mass EV segment. The milestone reflects strong market adoption and brand trust. 📊 *STOCKS:* GREAVESCOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #EV
Ampere launches Reo VYB at ₹69,499, expands e-scooter range
*Ampere launches Reo VYB at ₹69,499, expands e-scooter range.* Ampere Electric, a subsidiary of Greaves Cotton, has launched the Reo VYB priced at **₹69,499**, targeting the entry-level electric two-wheeler segment. This expansion strengthens its portfolio amid rising demand for affordable e-mobility options. The move aligns with Greaves’ strategy to capture wider market share in India’s growing EV space. 📊 *STOCKS:* GREAVESCOT | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #e-mobility
Greaves Cotton announces 107th AGM and e-voting details
*Greaves Cotton announces 107th AGM and e-voting details.* The company has published notice for its annual general meeting, enabling shareholders to vote electronically. This is a routine corporate exercise with no immediate financial implications. Details are available in the NSE filing. 📊 *STOCKS:* GREAVESCOT | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AGM
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹875.47 Cr ▲7.4% | ₹815.46 Cr ▲9.4% | ₹745.43 Cr ▼9.4% | ₹822.83 Cr ▲9.6% | ₹750.6 Cr ▲6.4% | ₹705.31 Cr ▲10.3% | ₹639.7 Cr ▼4.9% | ₹672.53 Cr |
| Op. Profit | ₹62.12 Cr ▲19.7% | ₹51.88 Cr ▼8.9% | ₹56.93 Cr ▲24.5% | ₹45.74 Cr ▲15.3% | ₹39.67 Cr ▲72.3% | ₹23.03 Cr ▼15.6% | ₹27.29 Cr ▲15.0% | ₹23.74 Cr |
| OPM | 7.1% ▲11.6% | 6.4% ▼16.8% | 7.6% ▲37.4% | 5.6% ▲5.1% | 5.3% ▲61.8% | 3.3% ▼23.4% | 4.3% ▲21.0% | 3.5% |
| Net Profit | ₹5.92 Cr ▼6.3% | ₹6.32 Cr ▼69.7% | ₹20.85 Cr ▲1262.7% | ₹1.53 Cr ▼77.1% | ₹6.68 Cr ▲146.6% | ₹-14.33 Cr ▼8856.3% | ₹-0.16 Cr ▲98.8% | ₹-13.35 Cr |
| EPS (₹) | 1.1 ▼1.8% | 1.12 ▼21.1% | 1.42 ▲37.9% | 1.03 ▲14.4% | 0.9 ▲542.9% | 0.14 ▼68.2% | 0.44 ▲300.0% | 0.11 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.4K Cr ▲17.8% | ₹2.9K Cr ▲10.8% | ₹2.6K Cr ▼2.4% | ₹2.7K Cr ▲57.8% | ₹1.7K Cr ▲14.0% | ₹1.5K Cr ▼21.5% | ₹1.9K Cr ▼5.2% | ₹2.0K Cr ▲12.4% | ₹1.8K Cr ▲9.7% | ₹1.6K Cr |
| Expenses | ₹3.2K Cr ▲15.0% | ₹2.8K Cr ▲9.4% | ₹2.5K Cr ▼1.2% | ₹2.6K Cr ▲52.7% | ₹1.7K Cr ▲18.6% | ₹1.4K Cr ▼16.5% | ₹1.7K Cr ▼2.4% | ₹1.7K Cr ▲13.4% | ₹1.5K Cr ▲10.2% | ₹1.4K Cr |
| Op. Profit | ₹239 Cr ▲74.5% | ₹137 Cr ▲50.5% | ₹91 Cr ▼28.3% | ₹127 Cr ▲408.0% | ₹25 Cr ▼68.8% | ₹80 Cr ▼61.9% | ₹210 Cr ▼22.8% | ₹272 Cr ▲6.7% | ₹255 Cr ▲6.3% | ₹240 Cr |
| OPM | 7.0% ▲40.0% | 5.0% ▲66.7% | 3.0% ▼40.0% | 5.0% ▲400.0% | 1.0% ▼80.0% | 5.0% ▼54.5% | 11.0% ▼21.4% | 14.0% ▲0.0% | 14.0% ▼6.7% | 15.0% |
| Other Income | ₹11 Cr ▼80.4% | ₹56 Cr ▲120.7% | ₹-270 Cr ▼590.9% | ₹55 Cr ▲175.0% | ₹20 Cr ▲176.9% | ₹-26 Cr ▼204.0% | ₹25 Cr ▲4.2% | ₹24 Cr ▼74.2% | ₹93 Cr ▲66.1% | ₹56 Cr |
| Interest | ₹26 Cr ▲62.5% | ₹16 Cr ▲77.8% | ₹9 Cr ▼25.0% | ₹12 Cr ▲140.0% | ₹5 Cr ▼28.6% | ₹7 Cr ▲40.0% | ₹5 Cr ▲25.0% | ₹4 Cr ▲300.0% | ₹1 Cr ▲0.0% | ₹1 Cr |
| Depreciation | ₹109 Cr ▲5.8% | ₹103 Cr ▲22.6% | ₹84 Cr ▲47.4% | ₹57 Cr ▼3.4% | ₹59 Cr ▼1.7% | ₹60 Cr ▼1.6% | ₹61 Cr ▲17.3% | ₹52 Cr ▲0.0% | ₹52 Cr ▲10.6% | ₹47 Cr |
| PBT | ₹115 Cr ▲59.7% | ₹72 Cr ▲126.4% | ₹-273 Cr ▼341.6% | ₹113 Cr ▲694.7% | ₹-19 Cr ▼35.7% | ₹-14 Cr ▼108.3% | ₹169 Cr ▼29.6% | ₹240 Cr ▼18.6% | ₹295 Cr ▲18.5% | ₹249 Cr |
| Tax % | 69.0% ▼36.7% | 109.0% ▲220.6% | 34.0% ▼10.5% | 38.0% ▼54.2% | 83.0% ▲130.6% | 36.0% ▲44.0% | 25.0% ▼21.9% | 32.0% ▲0.0% | 32.0% ▲18.5% | 27.0% |
| Net Profit | ₹35 Cr ▲683.3% | ₹-6 Cr ▲98.4% | ₹-367 Cr ▼624.3% | ₹70 Cr ▲300.0% | ₹-35 Cr ▼84.2% | ₹-19 Cr ▼115.0% | ₹127 Cr ▼22.1% | ₹163 Cr ▼19.3% | ₹202 Cr ▲11.6% | ₹181 Cr |
| EPS (₹) | 4.6 ▲83.3% | 2.51 ▲143.1% | -5.83 ▼273.0% | 3.37 ▲321.7% | -1.52 ▼87.7% | -0.81 ▼114.5% | 5.59 ▼17.1% | 6.74 ▼18.6% | 8.28 ▲11.9% | 7.4 |
| Div Payout | 43.0% ▼46.3% | 80.0% ▲335.3% | -34.0% ▼225.9% | 27.0% ▲307.7% | -13.0% ▲48.0% | -25.0% | 0.0% ▼100.0% | 59.0% ▼10.6% | 66.0% ▼10.8% | 74.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹47 Cr ▲2.2% | ₹46 Cr ▲0.0% | ₹46 Cr ▲0.0% | ₹46 Cr ▲0.0% | ₹46 Cr ▲0.0% | ₹46 Cr ▲0.0% | ₹46 Cr ▼6.1% | ₹49 Cr ▲0.0% | ₹49 Cr ▲0.0% | ₹49 Cr |
| Reserves | ₹1.3K Cr ▼2.2% | ₹1.4K Cr ▼2.5% | ₹1.4K Cr ▼9.5% | ₹1.5K Cr ▲119.1% | ₹703 Cr ▼4.5% | ₹736 Cr ▼2.3% | ₹753 Cr ▼18.2% | ₹920 Cr ▲0.4% | ₹916 Cr ▲4.6% | ₹876 Cr |
| Borrowings | ₹185 Cr ▲128.4% | ₹81 Cr ▲0.0% | ₹81 Cr ▲189.3% | ₹28 Cr ▼89.1% | ₹257 Cr ▲1185.0% | ₹20 Cr ▼28.6% | ₹28 Cr ▲154.5% | ₹11 Cr | ₹0 Cr | ₹0 Cr |
| Other Liabilities | ₹956 Cr ▼8.4% | ₹1.0K Cr ▲13.1% | ₹923 Cr ▼16.3% | ₹1.1K Cr ▲75.4% | ₹629 Cr ▲31.9% | ₹477 Cr ▲15.5% | ₹413 Cr ▼12.9% | ₹474 Cr ▲24.4% | ₹381 Cr ▲17.2% | ₹325 Cr |
| Total Liabilities | ₹2.5K Cr ▼0.6% | ₹2.5K Cr ▲3.6% | ₹2.4K Cr ▼10.1% | ₹2.7K Cr ▲66.2% | ₹1.6K Cr ▲27.7% | ₹1.3K Cr ▲3.2% | ₹1.2K Cr ▼14.7% | ₹1.5K Cr ▲8.0% | ₹1.3K Cr ▲7.7% | ₹1.3K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹844 Cr ▼0.2% | ₹846 Cr ▲2.5% | ₹825 Cr ▲123.6% | ₹369 Cr ▲1.4% | ₹364 Cr ▼2.2% | ₹372 Cr ▼2.1% | ₹380 Cr ▲12.1% | ₹339 Cr ▲21.9% | ₹278 Cr ▼4.8% | ₹292 Cr |
| CWIP | ₹64 Cr ▲48.8% | ₹43 Cr ▼31.7% | ₹63 Cr ▼24.1% | ₹83 Cr ▲1.2% | ₹82 Cr ▲9.3% | ₹75 Cr ▲8.7% | ₹69 Cr ▼4.2% | ₹72 Cr ▲157.1% | ₹28 Cr ▲86.7% | ₹15 Cr |
| Investments | ₹96 Cr ▼20.7% | ₹121 Cr ▼22.9% | ₹157 Cr ▲27.6% | ₹123 Cr ▲668.8% | ₹16 Cr ▲1500.0% | ₹1 Cr ▼66.7% | ₹3 Cr ▼99.3% | ₹420 Cr ▼17.0% | ₹506 Cr ▲23.1% | ₹411 Cr |
| Other Assets | ₹1.5K Cr ▼0.6% | ₹1.5K Cr ▲8.6% | ₹1.4K Cr ▼34.7% | ₹2.1K Cr ▲82.5% | ₹1.2K Cr ▲41.1% | ₹832 Cr ▲5.6% | ₹788 Cr ▲26.3% | ₹624 Cr ▲16.6% | ₹535 Cr ▲0.6% | ₹532 Cr |
| Total Assets | ₹2.5K Cr ▼0.6% | ₹2.5K Cr ▲3.6% | ₹2.4K Cr ▼10.1% | ₹2.7K Cr ▲66.2% | ₹1.6K Cr ▲27.7% | ₹1.3K Cr ▲3.2% | ₹1.2K Cr ▼14.7% | ₹1.5K Cr ▲8.0% | ₹1.3K Cr ▲7.7% | ₹1.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-23 Cr ▲85.0% | ₹-153 Cr ▼13.3% | ₹-135 Cr ▼141.1% | ₹-56 Cr ▼138.1% | ₹147 Cr ▲44.1% | ₹102 Cr ▼29.7% | ₹145 Cr ▼48.2% | ₹280 Cr ▲145.6% | ₹114 Cr ▼50.4% | ₹230 Cr |
| Investing CF | ₹50 Cr ▼79.7% | ₹246 Cr ▲132.5% | ₹-758 Cr ▼218.5% | ₹-238 Cr ▼120.4% | ₹-108 Cr ▼142.4% | ₹255 Cr ▲571.1% | ₹38 Cr ▲139.2% | ₹-97 Cr ▼369.4% | ₹36 Cr ▲151.4% | ₹-70 Cr |
| Financing CF | ₹-40 Cr ▼25.0% | ₹-32 Cr ▼103.6% | ₹889 Cr ▲323.3% | ₹210 Cr ▲1150.0% | ₹-20 Cr ▲91.7% | ₹-241 Cr ▼38.5% | ₹-174 Cr ▼7.4% | ₹-162 Cr ▼9.5% | ₹-148 Cr ▲10.8% | ₹-166 Cr |
| Net Cash Flow | ₹-13 Cr ▼121.3% | ₹61 Cr ▲1625.0% | ₹-4 Cr ▲95.2% | ₹-84 Cr ▼542.1% | ₹19 Cr ▼83.6% | ₹116 Cr ▲1060.0% | ₹10 Cr ▼50.0% | ₹20 Cr ▲900.0% | ₹2 Cr ▲133.3% | ₹-6 Cr |
| Free Cash Flow | ₹-98 Cr ▲56.4% | ₹-225 Cr ▼9.2% | ₹-206 Cr ▼758.3% | ₹-24 Cr ▼122.6% | ₹106 Cr ▲165.0% | ₹40 Cr ▼44.4% | ₹72 Cr ▼74.1% | ₹278 Cr ▲141.7% | ₹115 Cr ▼54.2% | ₹251 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42d ▲27.3% | 33d ▲50.0% | 22d ▼45.0% | 40d ▼21.6% | 51d ▲4.1% | 49d ▼21.0% | 62d ▲21.6% | 51d ▼15.0% | 60d ▲33.3% | 45d |
| Inventory Days | 62d ▲10.7% | 56d ▲40.0% | 40d ▼28.6% | 56d ▼5.1% | 59d ▲9.3% | 54d ▲54.3% | 35d ▲6.1% | 33d ▼26.7% | 45d ▲18.4% | 38d |
| Days Payable | 96d ▲23.1% | 78d ▼4.9% | 82d ▼25.5% | 110d ▼8.3% | 120d ▲44.6% | 83d ▼3.5% | 86d ▲4.9% | 82d ▲7.9% | 76d ▲11.8% | 68d |
| Cash Conv. Cycle | 8d ▼20.0% | 10d ▲152.6% | -19d ▼35.7% | -14d ▼27.3% | -11d ▼155.0% | 20d ▲66.7% | 12d ▲500.0% | 2d ▼93.1% | 29d ▲93.3% | 15d |
| Working Capital Days | 34d ▲750.0% | 4d ▼95.8% | 96d ▲1166.7% | -9d ▼80.0% | -5d ▼121.7% | 23d ▲35.3% | 17d ▼22.7% | 22d ▼43.6% | 39d ▼11.4% | 44d |
| ROCE | 5.0% ▲25.0% | 4.0% ▼55.6% | 9.0% ▲1000.0% | -1.0% ▼133.3% | 3.0% ▼83.3% | 18.0% ▼25.0% | 24.0% ▲4.3% | 23.0% ▲0.0% | 23.0% ▼17.9% | 28.0% |
Source: Screener.in · Lower days = better efficiency
About Greaves Cotton Limited
Greaves Cotton is engaged in manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment etc.(Source : 202003 Annual Report Page No:98)
Capital Goods · Industrial Products