Greaves Cotton Limited share price

NSE: GREAVESCOT · ISIN INE224A01026

Key numbers

Market cap
₹ 5,469 Cr
Current price
₹ 234.78
52-week high / low
₹ 272 / 120
Stock P/E
52.4
Book value
₹ 61.4
Dividend yield
0.85%
ROCE
8.5%
ROE
7.6%
Debt to equity
0.28
Sales growth (3 yrs)
8.6%
Profit growth (3 yrs)
11.1%
1-year return
5.5%

About Greaves Cotton Limited

Greaves Cotton Limited operates engineering and mobility retail business in India, the Middle East, Africa, Southeast Asia, and internationally. It operates in four segments: Engines; Electric Mobility & Other Vehicles; Cables & Control Levers; and Others. 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, as well as boats and vehicles. It also provides the greaves care and aftermarket spares services; offers 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…

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales8237458751,000974
Operating profit4657626856
Net profit2433262326
EPS (₹)1.031.421.100.971.11

Concall summary (2026-08-12)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • We expect both these measures, the cost avoidance as well as the price increases to begin show ing an effect from Q2 with the full benefits becoming evident in the second half of FY27.
  • Happy to share that our consolidated revenues grew by 31% Y-o-Y for Q1 of FY27.

Growth & demand

  • Against this backdrop, our Energy Solutions business maintained its growth momentum and delivered a 21% year-on-year growth.
  • It grew 32% year-on-year, and this is supported by the strong demand in industrial and commercial applications.

Margins & costs

  • This has resulted in higher input costs across the industry and for most of our businesses.
  • Coming to margins , the margins across the businesses have been under pressure by 2 to 2.5 %.

Capex & expansion

  • Also during this quarter, we successfully executed a large institutional order, which covers supply, installation, commissioning and aftersales services.
  • Also, we commissioned a pilot Battery Energy Storage System facility, what you might call BESS.

Balance sheet & cash

  • Further, the company is rated AA - with nil debt on its balance sheet.
  • Therefore, financial leverage at stable and flourishing business is vital, and that would enable higher ROE and shall be EPS accretive.

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