Share Price and Basic Stock Data
Last Updated: October 17, 2025, 3:27 am
| PEG Ratio | 1.67 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Greaves Cotton Ltd operates in the engines industry, reporting a current price of ₹206 and a market capitalization of ₹4,796 Cr. The company has shown fluctuating sales figures over recent quarters, with sales peaking at ₹827 Cr in March 2023, followed by ₹699 Cr in September 2022 and declining to ₹569 Cr in June 2023. The most recent sales figures indicate a rebound to ₹727 Cr in September 2023, with projected sales of ₹751 Cr for December 2024. However, the annual sales trend shows a significant increase from ₹1,710 Cr in FY 2022 to ₹2,699 Cr in FY 2023, before a slight decline to ₹2,633 Cr in FY 2024. This volatility in sales highlights the challenges Greaves Cotton faces in maintaining consistent revenue growth amidst market fluctuations.
Profitability and Efficiency Metrics
Greaves Cotton’s profitability has been under pressure, with a reported net profit of -₹6 Cr for FY 2025, following a loss of ₹367 Cr in FY 2024. The operating profit margin (OPM) stood at a mere 5% for FY 2024, reflecting the company’s struggle to manage costs effectively. The operating profit for the most recent quarter showed a slight improvement to ₹46 Cr in September 2023, indicating potential recovery. However, the company registered multiple quarters of negative net profit, particularly alarming was a loss of ₹375 Cr in September 2023. The interest coverage ratio (ICR) remains healthy at 16.93x, suggesting that the company can comfortably meet its interest obligations, despite the challenges in profitability. The fluctuating return on equity (ROE) and return on capital employed (ROCE) of 4.11% and 5.13% respectively, indicate a need for enhanced operational efficiency to drive profitability.
Balance Sheet Strength and Financial Ratios
Greaves Cotton’s balance sheet reflects a mixed picture of financial health. The company’s reserves stood at ₹1,359 Cr against borrowings of ₹81 Cr, indicating a solid capital base with a low debt-to-equity ratio of 0.03. This suggests that the company is not heavily leveraged, providing a cushion against financial distress. However, the cash conversion cycle (CCC) of 8 days is relatively efficient, reflecting good inventory and receivable management. The current ratio of 1.72x and quick ratio of 1.32x indicate adequate short-term liquidity to cover liabilities. Financial ratios such as the price-to-book value (P/BV) ratio of 2.04x suggest that the stock may be overvalued relative to its book value, while the enterprise value (EV) to net operating revenue of 1.10x indicates that the market values the company at a premium compared to its revenue generation capabilities, a point of concern for potential investors.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Greaves Cotton reveals a stable promoter holding at 55.81%, which is a positive indicator of management’s confidence in the company. Foreign Institutional Investors (FIIs) hold 2.45%, while Domestic Institutional Investors (DIIs) account for 3.52% of the total shares. This relatively low institutional interest may reflect caution among external investors given the recent financial performance. Public ownership stands at 38.21%, with the number of shareholders having increased significantly to 301,474, showcasing growing retail interest. However, the declining share of FIIs from a high of 4.94% in June 2023 to the current 2.45% may signal a lack of confidence among institutional investors regarding the company’s future prospects, which could affect share price stability.
Outlook, Risks, and Final Insight
If margins sustain their recovery and the company can leverage its low debt levels to improve operational efficiency, Greaves Cotton could stabilize its profitability in the coming periods. The risks include ongoing volatility in sales and profitability, particularly given recent negative net profits, which could lead to further investor skepticism. Additionally, the pressure on margins due to rising operational costs could hinder recovery efforts. The company must address these challenges while capitalizing on its strong balance sheet and efficient cash management. If Greaves Cotton can effectively navigate these risks, streamline operations, and enhance its product offerings, there may be potential for a turnaround that could restore investor confidence and improve financial performance.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Greaves Cotton Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Swaraj Engines Ltd | 5,004 Cr. | 4,120 | 4,726/2,517 | 28.3 | 323 | 2.54 % | 56.2 % | 41.9 % | 10.0 |
| Kirloskar Oil Engines Ltd | 12,801 Cr. | 881 | 1,238/544 | 28.7 | 213 | 0.74 % | 13.7 % | 15.4 % | 2.00 |
| Greaves Cotton Ltd | 4,815 Cr. | 207 | 320/154 | 72.2 | 60.5 | 0.97 % | 5.13 % | 4.11 % | 2.00 |
| Cummins India Ltd | 1,09,233 Cr. | 3,941 | 4,169/2,580 | 53.5 | 253 | 1.31 % | 37.6 % | 28.8 % | 2.00 |
| Industry Average | 32,963.25 Cr | 2,287.25 | 45.68 | 212.38 | 1.39% | 28.16% | 22.55% | 4.00 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 660 | 699 | 514 | 827 | 569 | 727 | 665 | 673 | 640 | 705 | 751 | 823 | 745 |
| Expenses | 624 | 657 | 512 | 780 | 583 | 681 | 630 | 649 | 612 | 682 | 711 | 777 | 688 |
| Operating Profit | 36 | 42 | 2 | 47 | -14 | 46 | 35 | 24 | 27 | 23 | 40 | 46 | 57 |
| OPM % | 5% | 6% | 0% | 6% | -3% | 6% | 5% | 4% | 4% | 3% | 5% | 6% | 8% |
| Other Income | 11 | 15 | 17 | 12 | 22 | -365 | 62 | 11 | 17 | 9 | 18 | 12 | 18 |
| Interest | 6 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | 6 | 5 |
| Depreciation | 14 | 14 | 13 | 15 | 17 | 19 | 20 | 28 | 26 | 26 | 26 | 25 | 27 |
| Profit before tax | 27 | 40 | 3 | 43 | -10 | -341 | 74 | 3 | 15 | 2 | 29 | 27 | 43 |
| Tax % | 40% | 20% | 279% | 36% | 139% | 10% | 39% | 483% | 101% | 892% | 77% | 94% | 52% |
| Net Profit | 16 | 32 | -6 | 27 | -25 | -375 | 46 | -13 | -0 | -14 | 7 | 2 | 21 |
| EPS in Rs | 0.69 | 1.25 | 0.28 | 1.15 | -0.22 | -8.22 | 2.50 | 0.11 | 0.44 | 0.14 | 0.90 | 1.03 | 1.42 |
Last Updated: August 1, 2025, 8:40 pm
Below is a detailed analysis of the quarterly data for Greaves Cotton Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 745.00 Cr.. The value appears to be declining and may need further review. It has decreased from 823.00 Cr. (Mar 2025) to 745.00 Cr., marking a decrease of 78.00 Cr..
- For Expenses, as of Jun 2025, the value is 688.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 777.00 Cr. (Mar 2025) to 688.00 Cr., marking a decrease of 89.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 57.00 Cr.. The value appears strong and on an upward trend. It has increased from 46.00 Cr. (Mar 2025) to 57.00 Cr., marking an increase of 11.00 Cr..
- For OPM %, as of Jun 2025, the value is 8.00%. The value appears strong and on an upward trend. It has increased from 6.00% (Mar 2025) to 8.00%, marking an increase of 2.00%.
- For Other Income, as of Jun 2025, the value is 18.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Mar 2025) to 18.00 Cr., marking an increase of 6.00 Cr..
- For Interest, as of Jun 2025, the value is 5.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 6.00 Cr. (Mar 2025) to 5.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 27.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 25.00 Cr. (Mar 2025) to 27.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 43.00 Cr.. The value appears strong and on an upward trend. It has increased from 27.00 Cr. (Mar 2025) to 43.00 Cr., marking an increase of 16.00 Cr..
- For Tax %, as of Jun 2025, the value is 52.00%. The value appears to be improving (decreasing) as expected. It has decreased from 94.00% (Mar 2025) to 52.00%, marking a decrease of 42.00%.
- For Net Profit, as of Jun 2025, the value is 21.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2025) to 21.00 Cr., marking an increase of 19.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 1.42. The value appears strong and on an upward trend. It has increased from 1.03 (Mar 2025) to 1.42, marking an increase of 0.39.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:16 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,736 | 1,698 | 1,616 | 1,634 | 1,792 | 2,015 | 1,911 | 1,500 | 1,710 | 2,699 | 2,633 | 2,918 | 3,024 |
| Expenses | 1,593 | 1,505 | 1,413 | 1,395 | 1,537 | 1,743 | 1,701 | 1,421 | 1,685 | 2,573 | 2,543 | 2,782 | 2,859 |
| Operating Profit | 143 | 192 | 203 | 240 | 255 | 272 | 210 | 80 | 25 | 127 | 91 | 137 | 165 |
| OPM % | 8% | 11% | 13% | 15% | 14% | 14% | 11% | 5% | 1% | 5% | 3% | 5% | 5% |
| Other Income | 82 | -31 | 138 | 56 | 93 | 24 | 25 | -26 | 20 | 55 | -270 | 56 | 57 |
| Interest | 5 | 2 | 1 | 1 | 1 | 4 | 5 | 7 | 5 | 12 | 9 | 16 | 18 |
| Depreciation | 45 | 48 | 46 | 47 | 52 | 52 | 61 | 60 | 59 | 57 | 84 | 103 | 104 |
| Profit before tax | 175 | 111 | 294 | 249 | 295 | 240 | 169 | -14 | -19 | 113 | -273 | 72 | 100 |
| Tax % | 30% | 25% | 32% | 27% | 32% | 32% | 25% | 36% | 83% | 38% | 34% | 109% | |
| Net Profit | 123 | 84 | 201 | 181 | 202 | 163 | 127 | -19 | -35 | 70 | -367 | -6 | 15 |
| EPS in Rs | 5.05 | 3.42 | 8.23 | 7.40 | 8.28 | 6.74 | 5.59 | -0.81 | -1.52 | 3.37 | -5.83 | 2.51 | 3.49 |
| Dividend Payout % | 26% | 73% | 67% | 74% | 66% | 59% | 0% | -25% | -13% | 27% | -34% | 80% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -31.71% | 139.29% | -9.95% | 11.60% | -19.31% | -22.09% | -114.96% | -84.21% | 300.00% | -624.29% | 98.37% |
| Change in YoY Net Profit Growth (%) | 0.00% | 170.99% | -149.24% | 21.55% | -30.91% | -2.78% | -92.87% | 30.75% | 384.21% | -924.29% | 722.65% |
Greaves Cotton Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 9% |
| 3 Years: | 20% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -14% |
| 3 Years: | 54% |
| TTM: | 314% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 23% |
| 3 Years: | 9% |
| 1 Year: | 34% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 3% |
| 3 Years: | 4% |
| Last Year: | 4% |
Last Updated: September 5, 2025, 5:20 am
Balance Sheet
Last Updated: July 25, 2025, 3:09 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 49 | 49 | 49 | 49 | 49 | 49 | 46 | 46 | 46 | 46 | 46 | 46 |
| Reserves | 771 | 774 | 842 | 876 | 916 | 920 | 753 | 736 | 703 | 1,540 | 1,394 | 1,359 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 11 | 28 | 20 | 257 | 28 | 81 | 81 |
| Other Liabilities | 383 | 301 | 286 | 325 | 381 | 474 | 413 | 477 | 629 | 1,103 | 923 | 1,044 |
| Total Liabilities | 1,203 | 1,124 | 1,177 | 1,250 | 1,346 | 1,454 | 1,240 | 1,280 | 1,635 | 2,718 | 2,444 | 2,531 |
| Fixed Assets | 370 | 326 | 283 | 292 | 278 | 339 | 380 | 372 | 364 | 369 | 825 | 846 |
| CWIP | 5 | 8 | 24 | 15 | 28 | 72 | 69 | 75 | 82 | 83 | 63 | 43 |
| Investments | 181 | 293 | 362 | 411 | 506 | 420 | 3 | 1 | 16 | 123 | 157 | 121 |
| Other Assets | 647 | 497 | 507 | 532 | 535 | 624 | 788 | 832 | 1,174 | 2,143 | 1,400 | 1,521 |
| Total Assets | 1,203 | 1,124 | 1,177 | 1,250 | 1,346 | 1,454 | 1,240 | 1,280 | 1,635 | 2,718 | 2,444 | 2,531 |
Below is a detailed analysis of the balance sheet data for Greaves Cotton Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 46.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 46.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,359.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,394.00 Cr. (Mar 2024) to 1,359.00 Cr., marking a decrease of 35.00 Cr..
- For Borrowings, as of Mar 2025, the value is 81.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 81.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 1,044.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 923.00 Cr. (Mar 2024) to 1,044.00 Cr., marking an increase of 121.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,531.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,444.00 Cr. (Mar 2024) to 2,531.00 Cr., marking an increase of 87.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 846.00 Cr.. The value appears strong and on an upward trend. It has increased from 825.00 Cr. (Mar 2024) to 846.00 Cr., marking an increase of 21.00 Cr..
- For CWIP, as of Mar 2025, the value is 43.00 Cr.. The value appears to be declining and may need further review. It has decreased from 63.00 Cr. (Mar 2024) to 43.00 Cr., marking a decrease of 20.00 Cr..
- For Investments, as of Mar 2025, the value is 121.00 Cr.. The value appears to be declining and may need further review. It has decreased from 157.00 Cr. (Mar 2024) to 121.00 Cr., marking a decrease of 36.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,521.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,400.00 Cr. (Mar 2024) to 1,521.00 Cr., marking an increase of 121.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,531.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,444.00 Cr. (Mar 2024) to 2,531.00 Cr., marking an increase of 87.00 Cr..
Notably, the Reserves (1,359.00 Cr.) exceed the Borrowings (81.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 143.00 | 192.00 | 203.00 | 240.00 | 255.00 | 261.00 | 182.00 | 60.00 | -232.00 | 99.00 | 10.00 | 56.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 68 | 50 | 45 | 60 | 51 | 62 | 49 | 51 | 40 | 22 | 33 | 42 |
| Inventory Days | 50 | 34 | 38 | 45 | 33 | 35 | 54 | 59 | 56 | 40 | 56 | 62 |
| Days Payable | 57 | 46 | 68 | 76 | 82 | 86 | 83 | 120 | 110 | 82 | 78 | 96 |
| Cash Conversion Cycle | 61 | 37 | 15 | 29 | 2 | 12 | 20 | -11 | -14 | -19 | 10 | 8 |
| Working Capital Days | 53 | 33 | 44 | 39 | 22 | 17 | 23 | -5 | -9 | 96 | 4 | 34 |
| ROCE % | 21% | 21% | 28% | 23% | 23% | 24% | 18% | 3% | -1% | 9% | 4% | 5% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| L&T Focused Equity Fund | 1,605,900 | 2.57 | 24.28 | 1,605,900 | 2025-04-22 17:25:34 | 0% |
| Sundaram Infrastructure Advantage Fund | 550,000 | 0.91 | 9.67 | 550,000 | 2025-04-22 15:56:57 | 0% |
| Motilal Oswal Nifty Microcap 250 Index Fund | 184,665 | 0.24 | 3.25 | 184,665 | 2025-04-22 15:56:57 | 0% |
| Taurus Flexi Cap Fund | 69,093 | 0.31 | 1.22 | 69,093 | 2025-04-22 15:56:57 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 2.51 | -5.83 | 3.37 | -1.53 | -0.81 |
| Diluted EPS (Rs.) | 2.50 | -5.83 | 3.35 | -1.53 | -0.81 |
| Cash EPS (Rs.) | 4.18 | -12.15 | 5.75 | 1.12 | 1.80 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 60.45 | 62.08 | 84.94 | 32.37 | 33.85 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 60.45 | 62.08 | 84.94 | 32.37 | 33.85 |
| Revenue From Operations / Share (Rs.) | 125.52 | 113.50 | 116.53 | 73.85 | 64.90 |
| PBDIT / Share (Rs.) | 8.19 | 6.73 | 8.66 | 2.14 | 3.81 |
| PBIT / Share (Rs.) | 3.74 | 3.10 | 6.21 | -0.39 | 1.19 |
| PBT / Share (Rs.) | 3.12 | -11.73 | 5.17 | -0.72 | -0.59 |
| Net Profit / Share (Rs.) | -0.27 | -15.79 | 3.31 | -1.42 | -0.81 |
| NP After MI And SOA / Share (Rs.) | 2.51 | -5.83 | 3.37 | -1.52 | -0.81 |
| PBDIT Margin (%) | 6.52 | 5.93 | 7.42 | 2.89 | 5.86 |
| PBIT Margin (%) | 2.97 | 2.72 | 5.32 | -0.53 | 1.83 |
| PBT Margin (%) | 2.48 | -10.33 | 4.43 | -0.98 | -0.91 |
| Net Profit Margin (%) | -0.21 | -13.91 | 2.83 | -1.91 | -1.25 |
| NP After MI And SOA Margin (%) | 2.00 | -5.13 | 2.89 | -2.06 | -1.25 |
| Return on Networth / Equity (%) | 4.15 | -9.39 | 4.91 | -4.71 | -2.39 |
| Return on Capital Employeed (%) | 5.14 | 4.04 | 7.15 | -0.94 | 3.33 |
| Return On Assets (%) | 2.28 | -5.48 | 2.86 | -2.14 | -1.45 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.22 | 0.00 |
| Total Debt / Equity (X) | 0.03 | 0.03 | 0.00 | 0.31 | 0.00 |
| Asset Turnover Ratio (%) | 1.16 | 1.01 | 1.24 | 0.88 | 1.03 |
| Current Ratio (X) | 1.69 | 1.72 | 2.30 | 1.53 | 1.56 |
| Quick Ratio (X) | 1.30 | 1.32 | 1.99 | 1.24 | 1.18 |
| Inventory Turnover Ratio (X) | 6.06 | 6.87 | 9.24 | 4.72 | 4.68 |
| Dividend Payout Ratio (NP) (%) | 79.62 | -15.43 | 5.93 | -13.08 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 28.72 | -41.03 | 3.43 | 19.71 | 0.00 |
| Earning Retention Ratio (%) | 20.38 | 115.43 | 94.07 | 113.08 | 0.00 |
| Cash Earning Retention Ratio (%) | 71.28 | 141.03 | 96.57 | 80.29 | 0.00 |
| Interest Coverage Ratio (X) | 11.69 | 16.93 | 17.15 | 9.28 | 12.70 |
| Interest Coverage Ratio (Post Tax) (X) | 0.49 | -2.42 | 8.62 | -4.71 | 3.26 |
| Enterprise Value (Cr.) | 5023.00 | 2902.76 | 2768.38 | 4209.99 | 2677.97 |
| EV / Net Operating Revenue (X) | 1.72 | 1.10 | 1.03 | 2.46 | 1.78 |
| EV / EBITDA (X) | 26.38 | 18.58 | 13.81 | 84.96 | 30.42 |
| MarketCap / Net Operating Revenue (X) | 1.71 | 1.11 | 1.08 | 2.58 | 1.97 |
| Retention Ratios (%) | 20.37 | 115.43 | 94.06 | 113.08 | 0.00 |
| Price / BV (X) | 3.55 | 2.04 | 1.84 | 5.90 | 3.78 |
| Price / Net Operating Revenue (X) | 1.71 | 1.11 | 1.08 | 2.58 | 1.97 |
| EarningsYield | 0.01 | -0.04 | 0.02 | -0.01 | -0.01 |
After reviewing the key financial ratios for Greaves Cotton Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 2.51. This value is below the healthy minimum of 5. It has increased from -5.83 (Mar 24) to 2.51, marking an increase of 8.34.
- For Diluted EPS (Rs.), as of Mar 25, the value is 2.50. This value is below the healthy minimum of 5. It has increased from -5.83 (Mar 24) to 2.50, marking an increase of 8.33.
- For Cash EPS (Rs.), as of Mar 25, the value is 4.18. This value is within the healthy range. It has increased from -12.15 (Mar 24) to 4.18, marking an increase of 16.33.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 60.45. It has decreased from 62.08 (Mar 24) to 60.45, marking a decrease of 1.63.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 60.45. It has decreased from 62.08 (Mar 24) to 60.45, marking a decrease of 1.63.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 125.52. It has increased from 113.50 (Mar 24) to 125.52, marking an increase of 12.02.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 8.19. This value is within the healthy range. It has increased from 6.73 (Mar 24) to 8.19, marking an increase of 1.46.
- For PBIT / Share (Rs.), as of Mar 25, the value is 3.74. This value is within the healthy range. It has increased from 3.10 (Mar 24) to 3.74, marking an increase of 0.64.
- For PBT / Share (Rs.), as of Mar 25, the value is 3.12. This value is within the healthy range. It has increased from -11.73 (Mar 24) to 3.12, marking an increase of 14.85.
- For Net Profit / Share (Rs.), as of Mar 25, the value is -0.27. This value is below the healthy minimum of 2. It has increased from -15.79 (Mar 24) to -0.27, marking an increase of 15.52.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 2.51. This value is within the healthy range. It has increased from -5.83 (Mar 24) to 2.51, marking an increase of 8.34.
- For PBDIT Margin (%), as of Mar 25, the value is 6.52. This value is below the healthy minimum of 10. It has increased from 5.93 (Mar 24) to 6.52, marking an increase of 0.59.
- For PBIT Margin (%), as of Mar 25, the value is 2.97. This value is below the healthy minimum of 10. It has increased from 2.72 (Mar 24) to 2.97, marking an increase of 0.25.
- For PBT Margin (%), as of Mar 25, the value is 2.48. This value is below the healthy minimum of 10. It has increased from -10.33 (Mar 24) to 2.48, marking an increase of 12.81.
- For Net Profit Margin (%), as of Mar 25, the value is -0.21. This value is below the healthy minimum of 5. It has increased from -13.91 (Mar 24) to -0.21, marking an increase of 13.70.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.00. This value is below the healthy minimum of 8. It has increased from -5.13 (Mar 24) to 2.00, marking an increase of 7.13.
- For Return on Networth / Equity (%), as of Mar 25, the value is 4.15. This value is below the healthy minimum of 15. It has increased from -9.39 (Mar 24) to 4.15, marking an increase of 13.54.
- For Return on Capital Employeed (%), as of Mar 25, the value is 5.14. This value is below the healthy minimum of 10. It has increased from 4.04 (Mar 24) to 5.14, marking an increase of 1.10.
- For Return On Assets (%), as of Mar 25, the value is 2.28. This value is below the healthy minimum of 5. It has increased from -5.48 (Mar 24) to 2.28, marking an increase of 7.76.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.03. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.16. It has increased from 1.01 (Mar 24) to 1.16, marking an increase of 0.15.
- For Current Ratio (X), as of Mar 25, the value is 1.69. This value is within the healthy range. It has decreased from 1.72 (Mar 24) to 1.69, marking a decrease of 0.03.
- For Quick Ratio (X), as of Mar 25, the value is 1.30. This value is within the healthy range. It has decreased from 1.32 (Mar 24) to 1.30, marking a decrease of 0.02.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.06. This value is within the healthy range. It has decreased from 6.87 (Mar 24) to 6.06, marking a decrease of 0.81.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 79.62. This value exceeds the healthy maximum of 50. It has increased from -15.43 (Mar 24) to 79.62, marking an increase of 95.05.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 28.72. This value is within the healthy range. It has increased from -41.03 (Mar 24) to 28.72, marking an increase of 69.75.
- For Earning Retention Ratio (%), as of Mar 25, the value is 20.38. This value is below the healthy minimum of 40. It has decreased from 115.43 (Mar 24) to 20.38, marking a decrease of 95.05.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 71.28. This value exceeds the healthy maximum of 70. It has decreased from 141.03 (Mar 24) to 71.28, marking a decrease of 69.75.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 11.69. This value is within the healthy range. It has decreased from 16.93 (Mar 24) to 11.69, marking a decrease of 5.24.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 0.49. This value is below the healthy minimum of 3. It has increased from -2.42 (Mar 24) to 0.49, marking an increase of 2.91.
- For Enterprise Value (Cr.), as of Mar 25, the value is 5,023.00. It has increased from 2,902.76 (Mar 24) to 5,023.00, marking an increase of 2,120.24.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.72. This value is within the healthy range. It has increased from 1.10 (Mar 24) to 1.72, marking an increase of 0.62.
- For EV / EBITDA (X), as of Mar 25, the value is 26.38. This value exceeds the healthy maximum of 15. It has increased from 18.58 (Mar 24) to 26.38, marking an increase of 7.80.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has increased from 1.11 (Mar 24) to 1.71, marking an increase of 0.60.
- For Retention Ratios (%), as of Mar 25, the value is 20.37. This value is below the healthy minimum of 30. It has decreased from 115.43 (Mar 24) to 20.37, marking a decrease of 95.06.
- For Price / BV (X), as of Mar 25, the value is 3.55. This value exceeds the healthy maximum of 3. It has increased from 2.04 (Mar 24) to 3.55, marking an increase of 1.51.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has increased from 1.11 (Mar 24) to 1.71, marking an increase of 0.60.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has increased from -0.04 (Mar 24) to 0.01, marking an increase of 0.05.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Greaves Cotton Ltd:
- Net Profit Margin: -0.21%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 5.14% (Industry Average ROCE: 28.16%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 4.15% (Industry Average ROE: 22.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 0.49
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.3
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 72.2 (Industry average Stock P/E: 45.68)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.03
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -0.21%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engines | J-2, MIDC Industrial Area, Aurangabad Maharashtra 431210 | investorservices@greavescotton.com http://www.greavescotton.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Karan Thapar | Chairman |
| Mr. Parag Satpute | Managing Director & Group CEO |
| Mr. Raja Venkataraman | Independent Director |
| Mrs. Kavita Nair | Independent Director |
| Mr. Firdose Vandrevala | Independent Director |
| Mr. Ravi Kirpalani | Independent Director |
| Mr. Mangalath Unnikrishnan | Independent Director |
FAQ
What is the intrinsic value of Greaves Cotton Ltd?
Greaves Cotton Ltd's intrinsic value (as of 17 October 2025) is 145.02 which is 29.94% lower the current market price of 207.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 4,815 Cr. market cap, FY2025-2026 high/low of 320/154, reserves of ₹1,359 Cr, and liabilities of 2,531 Cr.
What is the Market Cap of Greaves Cotton Ltd?
The Market Cap of Greaves Cotton Ltd is 4,815 Cr..
What is the current Stock Price of Greaves Cotton Ltd as on 17 October 2025?
The current stock price of Greaves Cotton Ltd as on 17 October 2025 is 207.
What is the High / Low of Greaves Cotton Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Greaves Cotton Ltd stocks is 320/154.
What is the Stock P/E of Greaves Cotton Ltd?
The Stock P/E of Greaves Cotton Ltd is 72.2.
What is the Book Value of Greaves Cotton Ltd?
The Book Value of Greaves Cotton Ltd is 60.5.
What is the Dividend Yield of Greaves Cotton Ltd?
The Dividend Yield of Greaves Cotton Ltd is 0.97 %.
What is the ROCE of Greaves Cotton Ltd?
The ROCE of Greaves Cotton Ltd is 5.13 %.
What is the ROE of Greaves Cotton Ltd?
The ROE of Greaves Cotton Ltd is 4.11 %.
What is the Face Value of Greaves Cotton Ltd?
The Face Value of Greaves Cotton Ltd is 2.00.