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Last Updated: January 24, 2026, 4:00 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 501455 | NSE: GREAVESCOT

Greaves Cotton Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: January 24, 2026, 4:00 pm

Market Cap 3,758 Cr.
Current Price 161
Intrinsic Value₹105.35
High / Low 306/160
Stock P/E36.3
Book Value 59.1
Dividend Yield1.24 %
ROCE5.13 %
ROE4.11 %
Face Value 2.00
PEG Ratio0.76

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Greaves Cotton Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Swaraj Engines Ltd 4,213 Cr. 3,468 4,726/2,51722.2 3233.01 %56.2 %41.9 % 10.0
Kirloskar Oil Engines Ltd 15,903 Cr. 1,094 1,329/54432.7 2320.59 %13.7 %15.4 % 2.00
Greaves Cotton Ltd 3,758 Cr. 161 306/16036.3 59.11.24 %5.13 %4.11 % 2.00
Cummins India Ltd 1,08,951 Cr. 3,930 4,615/2,58048.9 2651.31 %37.6 %28.8 % 2.00
Industry Average33,206.25 Cr2,163.2535.03219.781.54%28.16%22.55%4.00

All Competitor Stocks of Greaves Cotton Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 698.81513.51826.94568.59726.69665.38672.53639.70705.31750.60822.83745.43815.46
Expenses 657.18511.95779.78583.00680.79630.02648.79612.41682.28710.93777.09688.50763.58
Operating Profit 41.631.5647.16-14.4145.9035.3623.7427.2923.0339.6745.7456.9351.88
OPM % 5.96%0.30%5.70%-2.53%6.32%5.31%3.53%4.27%3.27%5.29%5.56%7.64%6.36%
Other Income 14.8117.1411.7822.44-365.0661.5810.9716.969.4817.8112.2817.526.85
Interest 2.102.371.151.712.212.273.042.944.273.155.924.874.83
Depreciation 14.0113.1415.2016.7319.1520.3328.1826.0526.4325.7325.2726.5626.95
Profit before tax 40.333.1942.59-10.41-340.5274.343.4915.261.8128.6026.8343.0226.95
Tax % 19.91%279.00%36.09%139.48%10.01%38.66%482.52%101.05%891.71%76.64%94.30%51.53%76.55%
Net Profit 32.30-5.7127.22-24.93-374.5945.60-13.35-0.16-14.336.681.5320.856.32
EPS in Rs 1.250.281.15-0.22-8.222.500.110.440.140.901.031.421.12

Last Updated: January 1, 2026, 2:16 pm

Below is a detailed analysis of the quarterly data for Greaves Cotton Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Sales, as of Sep 2025, the value is 815.46 Cr.. The value appears strong and on an upward trend. It has increased from 745.43 Cr. (Jun 2025) to 815.46 Cr., marking an increase of 70.03 Cr..
  • For Expenses, as of Sep 2025, the value is 763.58 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 688.50 Cr. (Jun 2025) to 763.58 Cr., marking an increase of 75.08 Cr..
  • For Operating Profit, as of Sep 2025, the value is 51.88 Cr.. The value appears to be declining and may need further review. It has decreased from 56.93 Cr. (Jun 2025) to 51.88 Cr., marking a decrease of 5.05 Cr..
  • For OPM %, as of Sep 2025, the value is 6.36%. The value appears to be declining and may need further review. It has decreased from 7.64% (Jun 2025) to 6.36%, marking a decrease of 1.28%.
  • For Other Income, as of Sep 2025, the value is 6.85 Cr.. The value appears to be declining and may need further review. It has decreased from 17.52 Cr. (Jun 2025) to 6.85 Cr., marking a decrease of 10.67 Cr..
  • For Interest, as of Sep 2025, the value is 4.83 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.87 Cr. (Jun 2025) to 4.83 Cr., marking a decrease of 0.04 Cr..
  • For Depreciation, as of Sep 2025, the value is 26.95 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 26.56 Cr. (Jun 2025) to 26.95 Cr., marking an increase of 0.39 Cr..
  • For Profit before tax, as of Sep 2025, the value is 26.95 Cr.. The value appears to be declining and may need further review. It has decreased from 43.02 Cr. (Jun 2025) to 26.95 Cr., marking a decrease of 16.07 Cr..
  • For Tax %, as of Sep 2025, the value is 76.55%. The value appears to be increasing, which may not be favorable. It has increased from 51.53% (Jun 2025) to 76.55%, marking an increase of 25.02%.
  • For Net Profit, as of Sep 2025, the value is 6.32 Cr.. The value appears to be declining and may need further review. It has decreased from 20.85 Cr. (Jun 2025) to 6.32 Cr., marking a decrease of 14.53 Cr..
  • For EPS in Rs, as of Sep 2025, the value is 1.12. The value appears to be declining and may need further review. It has decreased from 1.42 (Jun 2025) to 1.12, marking a decrease of 0.30.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 5:18 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,7361,6981,6161,6341,7922,0151,9111,5001,7102,6992,6332,9183,134
Expenses 1,5931,5051,4131,3951,5371,7431,7011,4211,6852,5732,5432,7822,940
Operating Profit 143192203240255272210802512791137194
OPM % 8%11%13%15%14%14%11%5%1%5%3%5%6%
Other Income 82-3113856932425-262055-2705654
Interest 5211145751291619
Depreciation 4548464752526160595784103105
Profit before tax 175111294249295240169-14-19113-27372125
Tax % 30%25%32%27%32%32%25%36%83%38%34%109%
Net Profit 12384201181202163127-19-3570-367-635
EPS in Rs 5.053.428.237.408.286.745.59-0.81-1.523.37-5.832.514.47
Dividend Payout % 26%73%67%74%66%59%0%-25%-13%27%-34%80%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
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: December 4, 2025, 1:19 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 49494949494946464646464647
Reserves 7717748428769169207537367031,5401,3941,3591,329
Borrowings 00000112820257288181185
Other Liabilities 3833012863253814744134776291,1039231,044956
Total Liabilities 1,2031,1241,1771,2501,3461,4541,2401,2801,6352,7182,4442,5312,517
Fixed Assets 370326283292278339380372364369825846844
CWIP 582415287269758283634364
Investments 181293362411506420311612315712196
Other Assets 6474975075325356247888321,1742,1431,4001,5211,512
Total Assets 1,2031,1241,1771,2501,3461,4541,2401,2801,6352,7182,4442,5312,517

Below is a detailed analysis of the balance sheet data for Greaves Cotton Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 47.00 Cr.. The value appears strong and on an upward trend. It has increased from 46.00 Cr. (Mar 2025) to 47.00 Cr., marking an increase of 1.00 Cr..
  • For Reserves, as of Sep 2025, the value is 1,329.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,359.00 Cr. (Mar 2025) to 1,329.00 Cr., marking a decrease of 30.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 185.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 81.00 Cr. (Mar 2025) to 185.00 Cr., marking an increase of 104.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 956.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,044.00 Cr. (Mar 2025) to 956.00 Cr., marking a decrease of 88.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 2,517.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,531.00 Cr. (Mar 2025) to 2,517.00 Cr., marking a decrease of 14.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 844.00 Cr.. The value appears to be declining and may need further review. It has decreased from 846.00 Cr. (Mar 2025) to 844.00 Cr., marking a decrease of 2.00 Cr..
  • For CWIP, as of Sep 2025, the value is 64.00 Cr.. The value appears strong and on an upward trend. It has increased from 43.00 Cr. (Mar 2025) to 64.00 Cr., marking an increase of 21.00 Cr..
  • For Investments, as of Sep 2025, the value is 96.00 Cr.. The value appears to be declining and may need further review. It has decreased from 121.00 Cr. (Mar 2025) to 96.00 Cr., marking a decrease of 25.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 1,512.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,521.00 Cr. (Mar 2025) to 1,512.00 Cr., marking a decrease of 9.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 2,517.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,531.00 Cr. (Mar 2025) to 2,517.00 Cr., marking a decrease of 14.00 Cr..

Notably, the Reserves (1,329.00 Cr.) exceed the Borrowings (185.00 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.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +155225230114280145102147-56-135-153-23
Cash from Investing Activity +-108-179-7036-9738255-108-238-75824650
Cash from Financing Activity +-55-60-166-148-162-174-241-20210889-32-40
Net Cash Flow-8-14-62201011619-84-461-13

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow143.00192.00203.00240.00255.00261.00182.0060.00-232.0099.0010.0056.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days685045605162495140223342
Inventory Days503438453335545956405662
Days Payable57466876828683120110827896
Cash Conversion Cycle6137152921220-11-14-19108
Working Capital Days53334439221723-5-996434
ROCE %21%21%28%23%23%24%18%3%-1%9%4%5%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters55.54%55.74%55.87%56.00%56.00%56.00%55.88%55.88%55.88%55.88%55.81%55.80%
FIIs4.15%4.54%4.94%4.57%3.18%2.81%1.15%1.04%2.41%2.86%2.45%2.64%
DIIs5.10%4.22%3.63%3.42%3.44%3.75%3.76%3.81%3.50%3.31%3.52%3.80%
Public35.20%35.50%35.56%35.99%37.36%37.43%39.18%39.23%38.20%37.93%38.21%37.75%
No. of Shareholders2,17,7072,21,3272,18,6412,18,7312,11,6942,05,0422,12,8012,02,8912,64,7453,01,5093,01,4743,02,226

Shareholding Pattern Chart

No. of Shareholders

Greaves Cotton Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Sundaram Business Cycle Fund 1,285,450 1.38 24.64N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 2.51-5.833.37-1.53-0.81
Diluted EPS (Rs.) 2.50-5.833.35-1.53-0.81
Cash EPS (Rs.) 4.18-12.155.751.121.80
Book Value[Excl.RevalReserv]/Share (Rs.) 60.4562.0884.9432.3733.85
Book Value[Incl.RevalReserv]/Share (Rs.) 60.4562.0884.9432.3733.85
Revenue From Operations / Share (Rs.) 125.52113.50116.5373.8564.90
PBDIT / Share (Rs.) 8.196.738.662.143.81
PBIT / Share (Rs.) 3.743.106.21-0.391.19
PBT / Share (Rs.) 3.12-11.735.17-0.72-0.59
Net Profit / Share (Rs.) -0.27-15.793.31-1.42-0.81
NP After MI And SOA / Share (Rs.) 2.51-5.833.37-1.52-0.81
PBDIT Margin (%) 6.525.937.422.895.86
PBIT Margin (%) 2.972.725.32-0.531.83
PBT Margin (%) 2.48-10.334.43-0.98-0.91
Net Profit Margin (%) -0.21-13.912.83-1.91-1.25
NP After MI And SOA Margin (%) 2.00-5.132.89-2.06-1.25
Return on Networth / Equity (%) 4.15-9.394.91-4.71-2.39
Return on Capital Employeed (%) 5.144.047.15-0.943.33
Return On Assets (%) 2.28-5.482.86-2.14-1.45
Long Term Debt / Equity (X) 0.000.000.000.220.00
Total Debt / Equity (X) 0.030.030.000.310.00
Asset Turnover Ratio (%) 1.161.011.240.881.03
Current Ratio (X) 1.691.722.301.531.56
Quick Ratio (X) 1.301.321.991.241.18
Inventory Turnover Ratio (X) 9.5410.729.244.724.68
Dividend Payout Ratio (NP) (%) 79.62-15.435.93-13.080.00
Dividend Payout Ratio (CP) (%) 28.72-41.033.4319.710.00
Earning Retention Ratio (%) 20.38115.4394.07113.080.00
Cash Earning Retention Ratio (%) 71.28141.0396.5780.290.00
Interest Coverage Ratio (X) 11.6916.9317.159.2812.70
Interest Coverage Ratio (Post Tax) (X) 0.49-2.428.62-4.713.26
Enterprise Value (Cr.) 5023.002902.762768.384209.992677.97
EV / Net Operating Revenue (X) 1.721.101.032.461.78
EV / EBITDA (X) 26.3818.5813.8184.9630.42
MarketCap / Net Operating Revenue (X) 1.711.111.082.581.97
Retention Ratios (%) 20.37115.4394.06113.080.00
Price / BV (X) 3.552.041.845.903.78
Price / Net Operating Revenue (X) 1.711.111.082.581.97
EarningsYield 0.01-0.040.02-0.01-0.01

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 9.54. This value exceeds the healthy maximum of 8. It has decreased from 10.72 (Mar 24) to 9.54, marking a decrease of 1.18.
  • 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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Greaves Cotton Ltd as of January 26, 2026 is: ₹71.41

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of January 26, 2026, Greaves Cotton Ltd is Overvalued by 55.65% compared to the current share price ₹161.00

Intrinsic Value of Greaves Cotton Ltd as of January 26, 2026 is: ₹105.35

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of January 26, 2026, Greaves Cotton Ltd is Overvalued by 34.57% compared to the current share price ₹161.00

Last 5 Year EPS CAGR: 47.54%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 29.25, which is a positive sign.
  2. The company has higher reserves (993.31 cr) compared to borrowings (53.15 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.46 cr) and profit (118.23 cr) over the years.
  1. The stock has a low average ROCE of 14.83%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 12.50, which may not be favorable.

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:
    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. Stock P/E: 36.3 (Industry average Stock P/E: 35.03)
      • 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.
    7. 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.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Greaves Cotton Ltd. is a Public Limited Listed company incorporated on 29/03/1922 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L99999MH1922PLC000987 and registration number is 000987. Currently Company is involved in the business activities of Manufacture of parts and accessories for motor vehicles. Company's Total Operating Revenue is Rs. 1988.02 Cr. and Equity Capital is Rs. 46.50 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
EnginesJ-2, MIDC Industrial Area, Aurangabad Maharashtra 431210Contact not found
Management
NamePosition Held
Mr. Karan ThaparChairman
Mr. Parag SatputeManaging Director & Group CEO
Mr. Raja VenkataramanIndependent Director
Mrs. Kavita NairIndependent Director
Mr. Firdose VandrevalaIndependent Director
Mr. Ravi KirpalaniIndependent Director
Mr. Mangalath UnnikrishnanIndependent Director

FAQ

What is the intrinsic value of Greaves Cotton Ltd?

Greaves Cotton Ltd's intrinsic value (as of 26 January 2026) is ₹105.35 which is 34.57% lower the current market price of ₹161.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹3,758 Cr. market cap, FY2025-2026 high/low of ₹306/160, reserves of ₹1,329 Cr, and liabilities of ₹2,517 Cr.

What is the Market Cap of Greaves Cotton Ltd?

The Market Cap of Greaves Cotton Ltd is 3,758 Cr..

What is the current Stock Price of Greaves Cotton Ltd as on 26 January 2026?

The current stock price of Greaves Cotton Ltd as on 26 January 2026 is ₹161.

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 ₹306/160.

What is the Stock P/E of Greaves Cotton Ltd?

The Stock P/E of Greaves Cotton Ltd is 36.3.

What is the Book Value of Greaves Cotton Ltd?

The Book Value of Greaves Cotton Ltd is 59.1.

What is the Dividend Yield of Greaves Cotton Ltd?

The Dividend Yield of Greaves Cotton Ltd is 1.24 %.

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.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Greaves Cotton Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE