| Revenue growth | Guided INR 2,600Cr+ for FY26 core business. |
|---|---|
| Margins | Varying by segment; MHCV and Construction identified as priority/high-margin. |
| Demand visibility | Strong industrial growth fueling power deficit and backup needs. |
| Management confidence | High; emphasizing 165+ years legacy and multi-year transformation. |
Growth
FY26 Core Business guidance: Revenue ₹2,600Cr+, EBITDA ₹380Cr+. H1FY26 revenue mix shows Engines at 51%, Excel 22%, Aftermarket 19%.
Outlook
Targeting 5-7% 3W vehicle parc growth; Energy market reaching ~₹22k Cr by FY30; scaling global OEM partnerships with Ligier.
Risks
Foreign exchange control regulations in India, competition in related industries, and dependence on economic conditions in India/overseas.
Earnings Call filed with BSE, NSE: GREAVESCOT. Summary written with AI assistance from the document.
Greaves Cotton Ltd: key numbers
- Share price
- ₹234.78
- Market cap
- ₹5,469 Cr
- Revenue (annual)
- ₹3,437 Cr
- Net profit (annual)
- ₹107.1 Cr
- P/E (TTM)
- 54.8×Sector 33.6×
- Promoter holding
- 55.77%-0.01% QoQ
- FII holding
- 1.35%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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Greaves Cotton Credit Rating
India Ratings has reaffirmed the 'IND AA-' rating for Greaves Cotton Ltd, with a stable outlook. This credit rating maintains existing financial oversight for investors.
Greaves Cotton Credit Rating
India Ratings affirmed Greaves Cotton's long-term issuer rating at 'IND AA-/Stable'. The agency also assigned/affirmed ratings for bank loan facilities aggregating Rs. 203 Crore.
- Value
- ₹203.0 Cr
Greaves Cotton Earnings Call Transcript: Key Takeaways
Greaves Cotton delivered strong revenue growth of 31% YoY, but margins faced severe contraction due to intentional investments and rising commodity costs. The core business is pivoting from internal combustion towards electric mobility and international expansion.
- Call
- Guides 18% growth
Greaves Cotton Investor Presentation: Key Takeaways
Greaves Cotton reported Q1 FY27 consolidated revenue of ₹974 Cr, up 31% YoY, driven by strong performance across core engineering and investee EV businesses.