



Capital Goods | Small Cap
Greaves Cotton Ltd. presents a mixed financial picture, marked by a stark contrast between its operational growth and bottom-line profitability. The company's greatest strength lies in its exceptionally low debt, providing a robust foundation of long-term stability and financial resilience, which is a significant advantage in the cyclical capital goods industry. It is also showing impressive growth in sales and is efficient in managing its inventory and collecting payments from customers. However, these strengths are overshadowed by significant challenges. The company is currently struggling to translate its sales growth into actual profit, with key earnings metrics being negative. Its operations are consuming cash rather than generating it, and its ability to cover interest payments from earnings is weak. The outlook depends critically on its ability to control costs and improve profitability as it continues to expand. The low debt provides a safety net, but achieving sustainable profitability is the key challenge ahead.
Greaves Cotton Ltd. presents a mixed financial picture, marked by a stark contrast between its operational growth and bottom-line profitability. The company's greatest strength lies in its exceptionally low debt, providing a robust foundation of long-term stability and financial resilience, which is a significant advantage in the cyclical capital goods industry. It is also showing impressive growth in sales and is efficient in managing its inventory and collecting payments from customers. However, these strengths are overshadowed by significant challenges. The company is currently struggling to translate its sales growth into actual profit, with key earnings metrics being negative. Its operations are consuming cash rather than generating it, and its ability to cover interest payments from earnings is weak. The outlook depends critically on its ability to control costs and improve profitability as it continues to expand. The low debt provides a safety net, but achieving sustainable profitability is the key challenge ahead.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
23.03
Industry Median
29.13
Small Cap Median
28.47
P/E RATIO
43.00
P/B RATIO
3.22
Industry Median
3.32
Small Cap Median
3.16
P/S RATIO
1.34
Industry Median
1.69
Small Cap Median
1.59
Others
PEG RATIO
1.60
EV/EBITDA RATIO
17.55
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹197.8 as on Sep 1, 2026.
The company's growth story is one of high volatility. It is achieving impressive top-line revenue growth and expanding its asset base, indicating successful market expansion efforts. However, this growth comes at a cost, as profitability has suffered dramatically, with both earnings and net income showing steep declines. This pattern suggests a 'growth-at-all-costs' phase, where market share is prioritized over immediate profit, a strategy that carries both high risks and potential future rewards.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 14 | 57.84 | -2.45 | 10.82 | 17.79 |
| Operating Profit Growth Rate | -68.75 | 408 | -28.35 | 50.55 | 74.45 |
| Earnings Per Share (EPS) Growth | -87.65 | 321.71 | -273 | 143.05 | 83.27 |
| Asset Growth Rate | 27.73 | 66.24 | -10.08 | 3.56 | 14.34 |
| Net Income Growth Rate | -84.21 | 300 | -624.29 | 98.37 | 683.33 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Sharda Motor Industries Ltd | 9.08 | 14.70 | Undervalued | 419.00 | 59.50 | 345.00 |
| 2 | NDR Auto Components Ltd | 8.74 | 27.74 | Overvalued | 91.00 | 22.30 | 62.00 |
| 3 | L G Balakrishnan & Bros Ltd | 8.69 | 17.04 | Neutral | 484.00 | 96.05 | 319.00 |
| 4 | Swaraj Engines Ltd | 8.61 | 21.90 | Neutral | 272.00 | 161.57 | 196.00 |
| 5 | Fiem Industries Ltd | 8.58 | 21.48 | Neutral | 396.00 | 96.46 | 256.00 |
| 6 | Subros Ltd | 8.41 | 28.22 | Neutral | 324.00 | 25.41 | 166.00 |
| 7 | Automotive Axles Ltd | 8.41 | 15.55 | Undervalued | 237.00 | 108.77 | 164.00 |
| 8 | S J S Enterprises Ltd | 8.25 | 46.13 | Neutral | 270.00 | 41.23 | 172.00 |
| 9 | JTEKT India Ltd | 8.11 | 41.22 | Overvalued | 183.00 | 2.77 | 90.00 |
| 10 | Shanthi Gears Ltd | 8.02 | 53.12 | Highly Overvalued | 104.00 | 9.99 | 77.00 |
| 11 | Rane (Madras) Ltd | 7.99 | 28.73 | Neutral | 340.00 | 40.32 | 107.00 |
| 12 | Rajratan Global Wire Ltd | 7.93 | 35.97 | Overvalued | 140.00 | 8.82 | 70.00 |
| 13 | Wheels India Ltd | 7.87 | 24.30 | Neutral | 413.00 | 56.71 | 158.00 |
| 14 | Federal-Mogul Goetze (India) Ltd | 7.77 | 20.37 | Neutral | 303.00 | 30.36 | 178.00 |
| 15 | Sandhar Technologies Limited | 7.69 | 19.79 | Neutral | 438.00 | 29.76 | 199.00 |
| 16 | Suprajit Engineering Ltd | 7.11 | 38.02 | Overvalued | 397.00 | 20.03 | 183.00 |
| 17 | Rolex Rings Ltd | 6.82 | 34.49 | Neutral | 230.00 | 5.18 | 141.00 |
| 18 | Lumax Industries Ltd | 6.67 | 34.81 | Neutral | 405.00 | 156.72 | 172.00 |
| 19 | Steel Strips Wheels Ltd | 6.47 | 29.52 | Undervalued | 510.00 | 12.86 | 190.00 |
| 20 | India Nippon Electricals Ltd | 6.42 | 21.82 | Neutral | 119.00 | 49.18 | 111.00 |
| 21 | Greaves Cotton Ltd | 6.39 | 43.00 | Overvalued | 239.00 | 8.59 | 35.00 |
| 22 | Jamna Auto Industries Ltd | 5.91 | 20.91 | Neutral | 396.00 | 6.23 | 231.00 |
| 23 | Sundaram Clayton Ltd | 4.89 | 11.33 | Undervalued | 106.00 | 250.49 | 252.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
No Stock Reports Available at This Moment.
No Stock News Available at This Moment.
Greaves Cotton Ltd. is a diversified engineering company in India, manufacturing engines, gensets, farm equipment, and providing e-mobility solutions. It serves various sectors including automotive, power generation, agriculture, and construction, with a strategic focus on sustainable energy and electric mobility. The company aims to provide technology-agnostic powertrain solutions.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Greaves Cotton Ltd's P/E ratio (TTM) is 23.03, compared to the industry median of 29.13 and large cap median of 28.47.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Greaves Cotton Ltd's P/B ratio is 3.22, compared to the industry median of 3.32 and large cap median of 3.16.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Greaves Cotton Ltd's P/S ratio is 1.34, compared to the industry median of 1.69 and large cap median of 1.59.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Greaves Cotton Ltd's PEG ratio is 1.60.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Greaves Cotton Ltd's EV/EBITDA ratio is 17.55.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Greaves Cotton Ltd's ROE is 2.45%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Greaves Cotton Ltd's ROA is 8.26%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Greaves Cotton Ltd's ROCE is 10%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Greaves Cotton Ltd's operating margin is 6.95%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Greaves Cotton Ltd's net margin is 1.02%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Greaves Cotton Ltd's current ratio is 1.69.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Greaves Cotton Ltd's debt-to-equity ratio is 0.23.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Greaves Cotton Ltd's interest coverage ratio is 5.42.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Greaves Cotton Ltd's DPS is ₹1.98.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Greaves Cotton Ltd's EPS is 83.27.
(Source line: "Ratios as of 13 Oct 2026, based on last traded price of ₹197.80. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1859
Headquarters: Mumbai, Maharashtra
Core Offerings: Engines & Powertrains, Electric Vehicles (2W/3W), Farm Equipment, Gensets, Aftermarket Services
Stock Listing: NSE (GREAVESCOT), BSE (501455)
Promoter: Thapar Group
Greaves Cotton was founded in 1859 by James Greaves and George Cotton as a trading firm in Mumbai. The company evolved significantly, incorporating as Greaves Cotton & Co. Ltd. in 1922 and later diversifying into manufacturing diesel engines, gensets, and farm equipment post-independence. In recent years, it has strategically ventured into electric mobility with acquisitions like Ampere Vehicles, establishing Greaves Electric Mobility as a key growth driver, while continuing to strengthen its traditional engineering businesses.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Greaves Engineering | 61% | Operating Profit |
| Greaves Electric Mobility | 39% | Operating Profit |
Greaves Engineering: This segment focuses on manufacturing high-performance engines, gensets, pump sets, and farm equipment (e.g., power tillers, reapers). It also provides comprehensive aftermarket services, catering to sectors like agriculture, automotive, construction, and power generation.
Greaves Electric Mobility: Engaged in the design, manufacturing, and sale of electric two-wheelers under the 'Ampere' brand and electric three-wheelers under the 'Ele' brand. This segment is central to the company's strategic push into sustainable e-mobility solutions.
Nagesh Basavanhalli - Group CEO & MD. An experienced leader with a strong background in the automotive and industrial sectors, he has held leadership roles at companies like Fiat Chrysler Automobiles and General Motors.
Greaves Electric Mobility Private Limited
Greaves Finance Limited
Greaves Technologies Limited
Greaves Retail Private Limited
In March 2023, the company successfully completed a Rights Issue of ₹250 crores. Over the past few years, Greaves Cotton has made significant acquisitions in the electric vehicle space, including Ampere Vehicles, Bestway Agencies, and MLR Auto, to bolster its e-mobility portfolio.
The Greaves Cotton Ltd share price today is ₹197.80 on NSE (GREAVESCOT), as of 15 Oct 2026.
As of 13 Oct 2026, Greaves Cotton Ltd share price is ₹197.80, with previous close ₹197.80. Today's range is ₹197.80 to ₹197.80. The 52-week range is ₹119.99 to ₹271.90.
As of today, Greaves Cotton Ltd's market cap is ₹4,608.74 crore (Small Cap).
Greaves Cotton Ltd's current P/E ratio is 23.03, compared to the AUTOMOBILES & AUTO COMPONENTS sector average of 45.
Greaves Cotton Ltd's current P/B ratio is 3.22.
Greaves Cotton Ltd's current dividend yield is 1.00%. Last dividend of ₹0.70 per share was declared on 09-Aug-2024.
Greaves Cotton Ltd's EPS (TTM) is ₹83.27.
Greaves Cotton Ltd. is a diversified engineering company in India, manufacturing engines, gensets, farm equipment, and providing e-mobility solutions. It serves various sectors including automotive, power generation, agriculture, and construction, with a strategic focus on sustainable energy and electric mobility. The company aims to provide technology-agnostic powertrain solutions.
Greaves Cotton Ltd is promoted by Thapar Group, holding 55.78% as of 13 Oct 2026.
Greaves Cotton Ltd is listed on NSE (GREAVESCOT) and BSE (501455). Its next quarterly results are expected on August 2024.