Greaves Cotton
Greaves Cotton Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Greaves Cotton Limited, framed against the sector median so the premium or discount is obvious at a glance.
Greaves Cotton Limited trades at a P/E of 26.21× and P/B of 1.96×.
Valuation
Profitability
Growth
Financial Health
Greaves Cotton Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Greaves Cotton Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Greaves Cotton Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Greaves Cotton Limited, switchable between annual and quarterly views, consolidated or standalone.
Greaves Cotton Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹4,776.91 Cr and reported EPS of ₹4.57.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,840 | 2,015 | 1,911 | 1,500 | 1,710 | 2,699 | 2,633 | 2,918 | 3,437 |
| Other Income | 46 | 42 | 20 | 8 | 22 | 67 | 65 | 55 | 50 |
| Total Income | 1,885 | 2,057 | 1,931 | 1,509 | 1,732 | 2,767 | 2,698 | 2,973 | 3,487 |
| Cost of Goods Sold (COGS) | 1,210 | 1,382 | 1,318 | 1,080 | 1,259 | 1,970 | 1,799 | 1,988 | 2,303 |
| Gross Profit | 630 | 634 | 593 | 421 | 451 | 729 | 834 | 931 | 1,134 |
| +Operating Expenses | 375 | 361 | 383 | 341 | 424 | 596 | 742 | 795 | 894 |
| EBITDA | 255 | 272 | 210 | 80 | 27 | 133 | 91 | 136 | 239 |
| +Non-Operating Expenses | 101 | 38 | 71 | 33 | 62 | 56 | -241 | 122 | 96 |
| Profit Before Tax (PBT) | 295 | 240 | 169 | -14 | -17 | 120 | -272 | 73 | 115 |
| +Tax Expense | 93 | 77 | 42 | 5 | 16 | 43 | 94 | 79 | 80 |
| Total Profit for Period | 202 | 163 | 127 | -19 | -35 | 70 | -367 | -6 | 35 |
| Less: Non-controlling Interests | — | -2 | -2 | — | — | -8 | -232 | -65 | -72 |
| Net Profit (Owner's PAT) | 202 | 165 | 129 | -19 | -35 | 78 | -135 | 58 | 107 |
| Earnings Per Share (EPS) | 8.28 | 6.74 | 5.59 | -0.81 | -1.52 | 3.37 | -5.83 | 2.51 | 4.60 |
| Diluted Shares Outstanding (Nos.) | 24 | 24 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| +Additional Disclosures | 2,846 | 3,180 | 3,084 | 2,569 | 3,005 | 4,591 | 4,201 | 4,826 | 5,564 |
| Sales Growth % | — | 9.55 | -5.18 | -21.48 | 13.95 | 57.89 | -2.45 | 10.83 | 17.76 |
| YoY Sales Growth % | — | 9.55 | -5.18 | -21.48 | 13.95 | 57.89 | -2.45 | 10.83 | 17.76 |
| Material Cost % | 61 | 64 | 62 | 64 | 68 | 70 | 64 | 64 | 62 |
| Employee Cost % | 9 | 9 | 9 | 9 | 10 | 8 | 12 | 11 | 11 |
| Other Cost % | 11 | 9 | 11 | 13 | 15 | 14 | 16 | 16 | 15 |
| OPM % | 14 | 14 | 11 | 5 | 2 | 5 | 3 | 5 | 7 |
| Tax % | 31 | 32 | 25 | -36 | -95 | 36 | -35 | 109 | 69 |
| Profit Growth % | — | -18.54 | -21.58 | -114.54 | -87.97 | 321.05 | -273.36 | 143.17 | 83.46 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 203 | 220 | 149 | 19 | -32 | 77 | 7 | 32 | 130 |
Greaves Cotton segment analysis: revenue and profit mix.
Disclosed business segments at Greaves Cotton with their share of revenue and profit, switchable between consolidated and standalone reporting.
Greaves Cotton discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Greaves Cotton Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Greaves Cotton Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Greaves Cotton Limited's investment case rests on 7 positive markers and 9 flagged concerns drawn from the latest reported filings.
What you're getting.
Greaves Cotton demonstrates strong insider confidence with a consistent promoter holding of 55.8% as of September 2025, suggesting a long-term commitment to the company's growth and stability.
The company maintains a very healthy financial structure, reflected by its low debt-to-equity ratio of 0.06. This minimal reliance on debt provides significant financial flexibility and resilience against economic downturns.
Recent quarterly results show robust sales growth of 16.50%, indicating increasing market demand for Greaves Cotton's products and potential for continued revenue expansion in the near future.
Greaves Cotton reported an impressive quarterly profit growth of 223.00%, signaling a strong rebound in profitability and effective cost management, which could lead to improved investor returns.
Given the company's low debt-to-equity ratio of 0.06, Greaves Cotton has significant financial headroom to pursue strategic acquisitions or invest in new growth initiatives.
What can break it.
Greaves Cotton's high Price-to-Earnings (PE) ratio of 80.40 is significantly above industry peers, suggesting potential overvaluation and raising questions about its current earnings justification.
The company's Return on Equity (ROE) of 4.11% is quite low, indicating inefficient utilization of shareholder capital and potentially weak returns for investors compared to market expectations.
Quarterly net profits show significant volatility, with recent figures of 21M and 2M, despite sales growth. This highlights operational inconsistencies and potential risks to future earnings stability.
Greaves Cotton's Return on Capital Employed (ROCE) at 5.13% is considerably lower than its industry peers, suggesting suboptimal capital efficiency and weaker operational performance.
The stock is trading at 230.00, significantly below its 52-week high of 319.50, indicating a recent downward trend and potential investor concern regarding its near-term performance.
What would change my mind.
Trim if P/E re-rates above 34. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 12.83. Balance sheet risk re-prices growth multiples fast.
Income thesis breaks if the dividend is cut or yield falls below 0.48%.
Greaves Cotton Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Greaves Cotton Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
Greaves Cotton Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Greaves Cotton Limited — derived from the live tape, not yesterday's close.
Greaves Cotton Limited last traded at ₹205.56 with an intraday range of ₹204.88–₹214.97 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹205.56| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 232.24 | +26.68 | +12.98% |
| R3 | 222.15 | +16.59 | +8.07% |
| R2 | 218.56 | +13.00 | +6.32% |
| R1 | 212.06 | +6.50 | +3.16% |
| PIVOT | 208.47 | 2.91 | 1.42% |
| CURRENT | 205.56 | — | — |
| S1 | 181.79 | -23.77 | -11.56% |
| S2 | 191.88 | -13.68 | -6.65% |
| S3 | 198.38 | -7.18 | -3.49% |
| S4 | 201.97 | -3.59 | -1.75% |
GREAVESCOT is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 211.52 ~ 214.97
Trading Inside opening range
Greaves Cotton Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Greaves Cotton Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Greaves Cotton Limited stood at 38.3% of traded volume, against a 20-day average of 39.1%.
Greaves Cotton announcements: results, concalls, ratings, M&A.
Filings Greaves Cotton sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Greaves Cotton files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 163 documents below.
Press Release
Greaves Cotton Limited has informed the Exchange regarding a press release dated Jun 17, 2026, issued by Greaves Electric Mobility Limited,…
Copy of Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the…
Acquisition
Greaves Cotton Limited has informed the Exchange about Acquisition
Investor Presentation
Greaves Cotton Limited has informed the Exchange about Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Greaves Cotton Limited has informed the Exchange about Schedule of meet
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Investor Presentation
Greaves Cotton dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Greaves Cotton has declared, sequenced by announce and record date.
Greaves Cotton corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Greaves Cotton Limited: business, sector, key facts.
What Greaves Cotton Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Greaves Cotton Limited operates in the Capital Goods, listed as NSE: GREAVESCOT, BSE: 501455.
Greaves Cotton Limited is a diversified Indian conglomerate with a significant presence in engineering and mobility retail across India, the Middle East, Africa, Southeast Asia, and other international markets. The company's business operations are structured into four key segments: Engines, Electric Mobility & Other Vehicles, Cables & Control Levers, and Others. This broad portfolio allows them to participate in various aspects of the automotive and related industries, offering a diverse range of products and services.
A major portion of Greaves Cotton's business revolves around the manufacturing and supply of engines. These engines cater to diverse applications, including farm equipment, generators (gensets), and various spare parts. They provide both automotive and non-automotive engine solutions, covering sectors such as power generation, agriculture, industrial applications, and light construction. This signifies a commitment to providing power solutions across a spectrum of industries.
The Electric Mobility & Other Vehicles segment is a rapidly growing area for Greaves Cotton. They are actively involved in the design, manufacture, and sale of electric vehicles (EVs), including e-rickshaws and e-3 wheelers under the ELE brand and 2-wheelers under the Ampere brand. Beyond the manufacturing, the company also offers financing options for purchasers of these EVs, facilitating increased market penetration. Furthermore, they develop and provide fuel-agnostic powertrain solutions, demonstrating adaptability to evolving market demands.
Greaves Cotton's expertise extends to the manufacturing of cables and control levers. These components are supplied to a variety of sectors including commercial vehicles, industrial machinery, construction equipment, and boats. This segment highlights the company's ability to provide crucial components for a broad range of mechanical applications, solidifying its position in the supply chain.
The "Others" segment encompasses a range of additional services and products, including aftermarket spares for vehicle maintenance, mechanical and electronic motion control systems, and engineering services. The provision of financing solutions for vehicle purchases further expands their reach and customer base. This diversified approach underscores Greaves Cotton's strategy to offer a comprehensive ecosystem of products and services within the mobility sector and beyond.
Questions investors ask about Greaves Cotton Limited (GREAVESCOT).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Greaves Cotton Limited (GREAVESCOT)?
The current share price of Greaves Cotton Limited (GREAVESCOT) is ₹205.56. Today, the stock has declined by ₹6.99 (3.29%), trading in a range of ₹204.88 to ₹214.97. The stock opened at ₹212.55 with a trading volume of 18,71,175 shares.
02Is Greaves Cotton Limited stock a good investment for long-term?
Greaves Cotton Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹4,776.91 crores, P/E ratio of 26.21, ROE of 0.00%, and ROCE of 5.13%. The dividend yield stands at 0.97%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Greaves Cotton Limited stock?
The 52-week high price of Greaves Cotton Limited (GREAVESCOT) is ₹244.3, while the 52-week low is ₹119.99. Currently trading at ₹205.56, the stock is 68.8% away from its 52-week low and 15.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Greaves Cotton Limited stock at the current price?
Whether to buy Greaves Cotton Limited stock at ₹205.56 depends on multiple factors. The stock is currently trading with a P/E ratio of 26.21 and P/B ratio of 1.96. Today's performance shows a loss of 3.29%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Greaves Cotton Limited and when is the next dividend?
Greaves Cotton Limited offers a dividend yield of 0.97%, which means for every ₹100 invested at the current price of ₹205.56, you can expect to receive approximately ₹0.97 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Greaves Cotton Limited?
Greaves Cotton Limited's key financial metrics include: P/E Ratio: 26.21, P/B Ratio: 1.96, ROE: 0.00%, ROCE: 5.13%, Dividend Yield: 0.97%, EPS: ₹4.57, Book Value: ₹61.57, and Debt-to-Equity: 12.33. The company's market cap stands at ₹4,776.91 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Greaves Cotton Limited stock performing today in the market?
Greaves Cotton Limited stock opened at ₹212.55 and is currently trading at ₹205.56, showing a decline of ₹6.99 (3.29%). The intraday high is ₹214.97 and low is ₹204.88. The trading volume stands at 18,71,175 shares, indicating strong market participation today.
08What is the P/E ratio of Greaves Cotton Limited and what does it indicate?
Greaves Cotton Limited has a Price-to-Earnings (P/E) ratio of 26.21, which means investors are willing to pay ₹26.21 for every ₹1 of earnings. With an EPS of ₹4.57, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Greaves Cotton Limited (GREAVESCOT) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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