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Greaves Cotton Limited

Greaves Cotton Limited

NSE: GREAVESCOT
Specialty Industrial MachineryIndustrialsSMALL CAPMCap ₹4.76k Cr
₹204.30₹0.75 (+0.37%)

Market Closed • NSE

Market cap₹4.76k Cr
Enterprise value₹4.60k Cr
P/E TTM47.96
Forward P/E23.48
P/B3.33
EPS TTM₹4.26
Forward EPS₹8.70
D/E0.26
Dividend yield0.01%
PEG0.14
52W high₹271.90
52W low₹119.99
Price chart(1Y)
1Y Return:+10.41% (+₹19.26)
H: ₹271.9L: ₹178.49
1W-2.56%
1M+6.56%
3M-17.66%
6M+28.01%
1Y-0.51%
Today at a glance

Day range

₹201.50₹204.90

52 week range

₹119.99₹271.90
Volume472.3K0.17x 20D avg
Free float50.00%-82.60% volume

Greaves Cotton Limited closed at INR204.30 (+0.37%) on volume 0.17x its 20-day average, trading 24.86% below its 52-week high.

Technical analysis
RSI (14)44.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹8.34High
SMA 20₹214.52BEARISH
SMA 50₹202.19BULLISH
SMA 100₹209.67BEARISH
SMA 200₹185.14BULLISH
CPR bottom₹206.23
Pivot₹205.34
CPR top₹204.44
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -11.6% QoQ

2026-07-28

DIVIDEND Announced

Dividend - Rs 2 Per Share

2025-07-23

DIVIDEND Announced

Dividend - Rs 2 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹394.4 Cr₹4.76k Cr8.29%≤ 33%PASS
Non-halal income ratio–₹3.44k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.70k Cr₹2.89k Cr93.40%≥ 20%PASS
Receivables ratio–₹2.89k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E47.9628.10
Forward P/E23.48—
P/B3.333.00
EV/EBITDA—18.00
PEG0.141.10
Earnings yield2.103.60
Growth & profitability
RevenuePAT
FY23PAT margin 2.90%
FY24PAT margin -5.20%
FY25PAT margin 2.00%
FY26PAT margin 3.10%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+5.60%
Revenue CAGR 5Y+5.20%
PAT CAGR 3Y+22.40%
PAT CAGR 5Y+6.50%
Operating margin2.89%
Net margin2.72%
Financial health & cash flow
Net debt₹203.5 CrModerate
Interest coverage5.00xEBIT / interest
CFO / PAT0.30x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹32.6 Cr
Capital expenditure–
Free cash flow₹-6309.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation50/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.26x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Specialty Industrial Machinery.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
28 Jul 2026Dividend₹2.00 / share—28 Jul 2026
23 Jul 2025Dividend₹2.00 / share—23 Jul 2025
—Dividend₹2.00 / share—01 Aug 2024
—Dividend₹0.90 / share—03 Aug 2023
—Dividend₹0.20 / share—03 Aug 2022
—Dividend₹0.20 / share—03 Aug 2021
—Annual General MeetingAnnual General Meeting—05 Aug 2020
—Annual General MeetingAnnual General Meeting—31 Jul 2019
12 Jul 2019BuybackBuyback—11 Jul 2019
14 Feb 2019Dividend₹4.00 / share—13 Feb 2019
—Dividend₹1.50 / share—03 Aug 2018
15 Feb 2018Dividend₹4.00 / share—14 Feb 2018
—Dividend₹1.50 / share—26 Jul 2017
24 Feb 2017Dividend₹4.00 / share—22 Feb 2017
—Dividend₹0.10 / share—16 Sept 2016
12 Feb 2016Dividend₹4.50 / share—11 Feb 2016
—Dividend₹1.10 / share—30 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)40.61%+2.58% latest vs average
Highest delivery51.64%on 23 Sept
Average volume (20D)2.71MTrading-session average
Conviction trendStrengthening+2.58% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Greaves Cotton Limited
Greaves Cotton Limited

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.

IndiaIndustrials

Questions investors ask
Is Greaves Cotton Limited Shariah compliant?

Greaves Cotton Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (8.29%) complies with AAOIFI threshold (≤ 33%).

What is Greaves Cotton Limited's current valuation relative to peers?

Greaves Cotton Limited trades at a P/E of 48.0x compared to the sector median of 28.1x, and a Price-to-Book of 3.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.26x. Interest coverage is 5x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 5.2% while net profit growth averaged 6.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.