Greaves Cotton Ltd
GREAVESCOTGreaves Cotton Ltd
GREAVESCOT
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -27.75 | 2.24 | 1.24% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 52.46 | 7.59 | 0.46% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Greaves Cotton Limited is a diversified engineering company. The Company operates in five businesses: farm equipment, automotive engines, auxiliary power, construction equipment and industrial engines.
Investor Presentation
View olderPeers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,698.55 | 1,701.28 | 1,886.69 | 2,059.75 | 1,941.88 | 1,517.13 | 1,744.38 | 2,771.49 | 2,857.36 | 2,746.04 | ||||||||||
Raw Materials | 1,050.63 | 1,065.85 | 1,186.87 | 1,397.94 | 1,347.07 | 1,048.87 | 1,252.76 | 1,998.12 | 1,818.46 | 2,925.52 | ||||||||||
| Power & Fuel Cost | 15.77 | 13.36 | 12.71 | 13.41 | 13.64 | 10.05 | 9.17 | 11.51 | 17.16 | |||||||||||
| Employee Cost | 155.38 | 161.49 | 172.80 | 187.51 | 181.16 | 147.85 | 176.28 | 218.09 | 316.69 | |||||||||||
| Selling & Administrative Expenses | 75.34 | 74.43 | 71.87 | 77.67 | 86.52 | 72.89 | 99.80 | 192.76 | 205.65 | |||||||||||
| Operating & Other expenses | 60.40 | 89.77 | 94.03 | 87.09 | 78.49 | 183.90 | 161.63 | 169.83 | 678.88 | |||||||||||
EBITDA | 341.03 | 296.38 | 348.41 | 296.13 | 235.00 | 53.57 | 44.74 | 181.18 | -179.48 | -179.48 | ||||||||||
| Depreciation/Amortization | 45.62 | 46.89 | 52.44 | 52.17 | 60.94 | 60.43 | 58.73 | 56.68 | 84.39 | 84.39 | ||||||||||
| PBIT | 295.41 | 249.49 | 295.97 | 243.96 | 174.06 | -6.86 | -13.99 | 124.50 | -263.87 | -263.87 | ||||||||||
| Interest & Other Items | 1.01 | 0.81 | 0.81 | 4.04 | 5.07 | 6.93 | 5.34 | 11.69 | 9.23 | 9.23 | ||||||||||
| PBT | 294.40 | 248.68 | 295.16 | 239.92 | 168.99 | -13.79 | -19.33 | 112.81 | -273.10 | -273.10 | ||||||||||
| Taxes & Other Items | 93.52 | 68.02 | 92.97 | 75.21 | 39.82 | 4.99 | 15.97 | 34.78 | -137.83 | -137.83 | ||||||||||
| Net Income | 200.88 | 180.66 | 202.19 | 164.71 | 129.17 | -18.78 | -35.30 | 78.03 | -135.27 | -135.27 | ||||||||||
| EPS | 8.23 | 7.40 | 8.28 | 6.74 | 5.43 | -0.81 | -1.53 | 3.37 | -5.84 | -5.83 | ||||||||||
| DPS | 5.50 | 5.50 | 5.50 | 4.00 | 0.00 | 0.20 | 0.20 | 0.90 | 2.00 | 0.90 | ||||||||||
| Payout ratio | 0.67 | 0.74 | 0.66 | 0.59 | 0.00 | — | — | 0.27 | — | -0.15 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Greaves Cotton Ltd | -27.75 | 2.24 | 1.24% |
| Cummins India Ltd | 58.17 | 15.14 | 1.05% |
| Thermax Limited | 86.26 | 12.54 | 0.24% |
| AIA Engineering Ltd | 35.31 | 7.03 | 0.38% |
Price Comparison
Compare GREAVESCOT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.12%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.66%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 3 Mutual Funds holding Greaves Cotton Ltd
| Funds (Top 3) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Aditya Birla Sun Life Manufacturing Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1855% | Percentage of the fund’s portfolio invested in the stock 0.63% | Change in the portfolio weight of the stock over the last 3 months -0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 46/54 (-6) |
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0528% | Percentage of the fund’s portfolio invested in the stock 0.19% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 173/255 (-19) |
Groww Nifty Total Market Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0003% | Percentage of the fund’s portfolio invested in the stock 0.01% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 694/756 (-21) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
Cash Dividend
Ex DateEx DateAug 1, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Aug 1, 2024
Past Dividends
Cash Dividend
Ex DateEx DateAug 3, 2023
Dividend/Share
₹0.90
Ex DateEx Date
Aug 3, 2023
Cash Dividend
Ex DateEx DateAug 3, 2022
Dividend/Share
₹0.20
Ex DateEx Date
Aug 3, 2022
Cash Dividend
Ex DateEx DateAug 3, 2021
Dividend/Share
₹0.20
Ex DateEx Date
Aug 3, 2021
Cash Dividend
Ex DateEx DateFeb 13, 2019
Dividend/Share
₹4.00
Ex DateEx Date
Feb 13, 2019
Cash Dividend
Ex DateEx DateAug 3, 2018
Dividend/Share
₹1.50
Ex DateEx Date
Aug 3, 2018
Greaves Cotton will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live
Greaves Electric Mobility, through its 3W subsidiary, has announced that its electric 3-wheeler passenger vehicle, Greaves Eltra City, is now available at an unbeatable price of Rs. 3,66,999, owing to the massive surge in demand and positive reception for its bestin-class features. Prioritising comfort, efficiency, and innovation, the Eltra City has been delivering on its promise of 'Everything Extra' for both commuters and drivers since its launch early this year. The Eltra City provides a segment-leading range of approximately 160 kilometres on a single charge, powered by a 10.8 kWh lithium-ion battery and 9.6 kW motor, which enables uninterrupted travel and higher profitability for drivers. Further, it is equipped with features like 14-degree gradability, 49 Nm torque, and hill hold assist for a seamless and comfortable driving experience on challenging urban and semi-urban roads. Greaves Eltra City also boasts a state-ofthe-art 6.2 digital instrument cluster with IoT capabilities to assist drivers in leveraging real-time information and navigation conveniently. Engineered with safety as a top priority, the Eltra City features a robust full metal body and comes with a 3-year warranty (which is extendable to 5 years).Powered by Capital Market - Live
Greaves Cotton up 4% after arm inks EV ownership partnership with Acko
Sunflag Iron & Steel Company Ltd leads gainers in ‘A’ group
Greaves Cotton Consolidated June 2023 Net Sales at Rs 568.59 crore, down 13.87% Y-o-Y
Greaves Cotton rises 2% as it partners with NBFC to finance EVs
Stocks to watch on June 13, 2023
Greaves Cotton sinks 10% as govt seeks to remove EV arm from FAME-2 scheme
Greaves Cotton tanks 10% after govt asks to repay subsidy over rule breach
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.77%, vs industry avg of 10.44%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.82% to 2.49%