Greaves Cotton Limited (IN:GREAVESCOT)
:GREAVESCOT
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Greaves Cotton Limited
(GREAVESCOT)
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Rating:58Neutral
Price Target:
₹175.00
▼(-6.72% Downside)
Action:Reiterated
Date:05/08/26
The score is primarily held back by weak and volatile cash generation despite improving revenue and a return to profitability, with moderate balance-sheet support. Technical indicators are broadly positive and help offset fundamentals somewhat, while valuation and dividend support are only average.
Positive Factors
Revenue Growth
Sustained top-line acceleration to 34.4B indicates improving demand and stronger commercial traction across mobility and industrial portfolios. Durable revenue growth supports scale benefits, funding for product development and distribution expansion over the next 2–6 months if momentum continues.
Negative Factors
Weak & Volatile Cash Generation
Operating cash flow was negative for multiple years and only turned modestly positive in FY2026; free cash flow is volatile and equals ~43% of earnings. This inconsistent cash conversion constrains the firm's ability to self-fund growth, pay down debt, and absorb shocks without external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line acceleration to 34.4B indicates improving demand and stronger commercial traction across mobility and industrial portfolios. Durable revenue growth supports scale benefits, funding for product development and distribution expansion over the next 2–6 months if momentum continues.
Read all positive factors
Greaves Cotton Limited (GREAVESCOT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹37.38B
Dividend Yield1.06%
Average Volume (3M)111.18K
Price to Earnings (P/E)26.2
Beta (1Y)2.08
Revenue Growth17.76%
EPS Growth83.26%
CountryIN
Employees1,712
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)4.47
Shares Outstanding232,951,430
10 Day Avg. Volume69,488
30 Day Avg. Volume111,177
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)1.96
Price to Sales (P/S)0.82
P/FCF Ratio102.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6
Revenue Forecast (FY)₹38.58B
Greaves Cotton Limited Business Overview & Revenue Model
Company Description
Greaves Cotton Limited manufactures and sells engines and engine application products in India. The company offers lightweight diesel/gasoline engines for automotive engine applications, such as 3-wheelers and small 4-wheeled commercial vehicles; ...
How the Company Makes Money
Greaves Cotton makes money primarily by selling products and services across its mobility and industrial portfolios. Key revenue streams typically include: (1) Sale of engines and powertrain products: revenue from manufacturing and selling interna...
Greaves Cotton Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
70
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.34B | 34.37B | 29.18B | 26.33B | 26.99B | 17.10B |
| Gross Profit | 9.13B | 6.50B | 9.31B | 8.16B | 7.29B | 1.61B |
| EBITDA | 2.49B | 2.39B | 1.36B | -1.79B | 1.88B | 472.40M |
| Net Income | 1.04B | 1.07B | 584.00M | -1.35B | 780.30M | -353.00M |
Balance Sheet | ||||||
| Total Assets | 25.17B | 28.94B | 25.52B | 24.64B | 27.24B | 16.44B |
| Cash, Cash Equivalents and Short-Term Investments | 2.30B | 6.24B | 2.55B | 4.78B | 11.36B | 4.55B |
| Total Debt | 1.85B | 3.94B | 812.40M | 807.50M | 282.60M | 2.57B |
| Total Liabilities | 10.18B | 13.80B | 9.66B | 7.90B | 7.57B | 8.95B |
| Stockholders Equity | 13.76B | 14.31B | 14.06B | 14.40B | 15.87B | 7.49B |
Cash Flow | ||||||
| Free Cash Flow | -1.19B | 274.80M | -647.70M | -3.12B | -2.14B | -1.29B |
| Operating Cash Flow | -786.00M | 640.20M | -225.20M | -1.53B | -1.35B | -627.80M |
| Investing Cash Flow | -341.80M | -2.19B | 497.10M | 2.32B | -7.58B | -2.32B |
| Financing Cash Flow | 258.80M | 2.10B | -399.80M | -320.10M | 8.89B | 2.10B |
Greaves Cotton Limited Technical Analysis
Positive
187.60
Price Trends
151.57
Positive
161.85
Positive
185.20
Negative
Market Momentum
3.93
Positive
57.22
Neutral
29.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GREAVESCOT, the sentiment is Positive. The current price of 187.6 is above the 20-day moving average (MA) of 165.97, above the 50-day MA of 151.57, and above the 200-day MA of 185.20, indicating a neutral trend. The MACD of 3.93 indicates Positive momentum. The RSI at 57.22 is Neutral, neither overbought nor oversold. The STOCH value of 29.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GREAVESCOT.
Greaves Cotton Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹129.56B | 28.46 | ― | 0.43% | 1.02% | -10.02% | |
69 Neutral | ₹95.75B | 24.82 | ― | 0.43% | 53.85% | 64.99% | |
66 Neutral | ₹137.61B | 38.39 | ― | 2.34% | 6.49% | -1.84% | |
65 Neutral | ₹246.98B | 33.62 | ― | 0.50% | 21.42% | 17.24% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | ₹146.18B | -0.46 | ― | 0.51% | 4.54% | 1.65% | |
58 Neutral | ₹37.38B | 26.22 | ― | 1.06% | 17.76% | 83.26% |
* Industrials Sector Average
IN:GREAVESCOT
Greaves Cotton Limited
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Greaves Cotton Limited Corporate Events
Greaves Cotton Sets 6 May Earnings Call for Q4 and FY26 Results
Apr 27, 2026
Greaves Cotton Limited has scheduled its quarterly earnings conference call on 6 May 2026 to discuss financial results for the fourth quarter and full year ended 31 March 2026. The call, accessible to investors and analysts via domestic and intern...
Greaves Electric Mobility Enters Nepal With Launch of Ampere Nexus Scooter
Feb 26, 2026
Greaves Electric Mobility, the EV arm of Greaves Cotton, has entered the Nepal market by launching its flagship Ampere Nexus electric scooter in partnership with STC Auto Solution. Positioned as a terrain-ready premium scooter, the Nexus targets N...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.