Greaves Cotton Ltd
GREAVESCOTGreaves Cotton Ltd
GREAVESCOTPrice 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 |
---|---|---|
58.64 | 2.60 | 1.07% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
49.52 | 7.02 | 0.55% |
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.
Peers
Compare with peersÂCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Jyoti CNC Automation Ltd
Carborundum Universal Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
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 | 2,788.63 | ||||||||||
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 | 2,580.22 | ||||||||||
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 | 208.41 | ||||||||||
Depreciation/Amortization | 45.62 | 46.89 | 52.44 | 52.17 | 60.94 | 60.43 | 58.73 | 56.68 | 84.39 | 100.99 | ||||||||||
PBIT | 295.41 | 249.49 | 295.97 | 243.96 | 174.06 | -6.86 | -13.99 | 124.50 | -263.87 | 107.42 | ||||||||||
Interest & Other Items | 1.01 | 0.81 | 0.81 | 4.04 | 5.07 | 6.93 | 5.34 | 11.69 | 9.23 | 12.52 | ||||||||||
PBT | 294.40 | 248.68 | 295.16 | 239.92 | 168.99 | -13.79 | -19.33 | 112.81 | -273.10 | 94.90 | ||||||||||
Taxes & Other Items | 93.52 | 68.02 | 92.97 | 75.21 | 39.82 | 4.99 | 15.97 | 34.78 | -137.83 | 20.77 | ||||||||||
Net Income | 200.88 | 180.66 | 202.19 | 164.71 | 129.17 | -18.78 | -35.30 | 78.03 | -135.27 | 74.13 | ||||||||||
EPS | 8.23 | 7.40 | 8.28 | 6.74 | 5.43 | -0.81 | -1.53 | 3.37 | -5.84 | 3.20 | ||||||||||
DPS | 5.50 | 5.50 | 5.50 | 4.00 | 0.00 | 0.20 | 0.20 | 0.90 | 2.00 | 2.00 | ||||||||||
Payout ratio | 0.67 | 0.74 | 0.66 | 0.59 | 0.00 | — | — | 0.27 | — | 0.63 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Greaves Cotton Ltd | -32.14 | 2.60 | 1.07% |
Cummins India Ltd | 56.13 | 14.60 | 1.09% |
Thermax Limited | 80.12 | 11.64 | 0.26% |
AIA Engineering Ltd | 28.76 | 4.90 | 0.46% |
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
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 2.11%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 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 5 Mutual Funds holding Greaves Cotton Ltd
Funds (Top 5) | 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) |
---|---|---|---|---|
Sundaram Infrastructure Advantage Fund(G)-Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2568% | Percentage of the fund’s portfolio invested in the stock 1.12% | Change in the portfolio weight of the stock over the last 3 months 0.21% | 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 35/66 (+12) |
Sundaram Business Cycle Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1195% | Percentage of the fund’s portfolio invested in the stock 0.35% | Change in the portfolio weight of the stock over the last 3 months -0.01% | 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 47/48 (-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 0.0977% | Percentage of the fund’s portfolio invested in the stock 0.25% | Change in the portfolio weight of the stock over the last 3 months 0.01% | 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 94/310 (0) |
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
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 1, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Aug 1, 2024
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
Income from operations fell by 3% YoY to Rs 705 crore during the quarter. While EBITDA declined by 50% YoY to Rs 23 crore, EBITDA margin fell by 300 basis points YoY to 3.3% in the second quarter. Operating profit before tax in Q2 FY25 stood at Rs 6 crore, down by 85% from Rs 40 crore in Q2 FY24. Akhila Balachandar, chief financial officer, Greaves Cotton, said: Our Q2 FY25 results underscore the robustness of our diversification strategy and the momentum we are building across our businesses. Our performance in Retail, Engineering, and Excel, alongside the promising growth in Electric Mobility, reflects our agile approach to meeting diverse market demands. Our fuel-agnostic strategy continues to expand our reach and adaptability, reinforcing our confidence in the path we've charted. This momentum reaffirms our commitment to delivering consistent value for our stakeholders.' Greaves Cotton is a multi-product and multi-location engineering company. The company is a leading name in fuel agnostic powertrain solutions, e-mobility, aftermarket & retail. Powered by Capital Market - Live
Net profit of Greaves Cotton reported to Rs 3.22 crore in the quarter ended September 2024 as against net loss of Rs 190.78 crore during the previous quarter ended September 2023. Sales declined 2.94% to Rs 705.31 crore in the quarter ended September 2024 as against Rs 726.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales705.31726.69 -3 OPM %3.276.32 - PBDT32.5459.13 -45 PBT6.1139.98 -85 NP3.22-190.78 LP Powered by Capital Market - Live
Greaves Cotton will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
Greaves Cotton will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
Greaves Electric Mobility (GEMPL), the e-mobility business of Greaves Cotton, announced that the Ministry of Heavy Industries (MHI) has approved the registration of its two-wheeler models'Nexus, Primus, Magnus, and Zeal'under the EMPS Scheme, making the company eligible for the Government of India's EV demand incentive scheme. GEMPL's three-wheeler business through its subsidiary is already eligible for demand incentives under the EMPS Scheme. With the latest approval, all eligible two-wheeler models are now included, positioning the company to further drive accessible and sustainable mobility across India.Powered by Capital Market - Live
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
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.77%, vs industry avg of 10.63%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.99% to 2.34%