| Revenue growth | 31% YoY consolidated growth. |
|---|---|
| Margins | Pressure from commodity costs; Core EBITDA margin at 12.6%. |
| Order book | New OEM orders from CAT (UK) and TAFE. |
| Demand visibility | Strong domestic demand across all customer segments. |
| Management confidence | High, citing strong domestic demand and EV momentum. |
Growth
Consolidated revenue grew 31%; Core businesses up 16% YoY; GEML (EV) revenue surged 97% YoY.
Outlook
Focus on Greaves.Next strategy, international expansion (13% revenue share), and scaling the EV ecosystem.
Risks
EBITDA margins declined to 5.8% from 7.6% due to higher commodity costs and capability investments.
Last quarter's promises, checked
Delivered
- Midterm core growth 16-18% → delivered 16% (= BEAT)
- Acquisition of 100% Excel by Q2 → delivered 100% (= BEAT)
- Consolidated revenue growth → delivered 31% YoY (= BEAT)
Partly delivered
- International revenue share expansion → delivered 13% share (= PARTIAL)
Missed
- Core EBITDA margin 13-15% → delivered 12.6% (= MISS)
Investor Presentation filed with BSE, NSE: GREAVESCOT. Summary written with AI assistance from the document.
Greaves Cotton Ltd: key numbers
- Share price
- ₹221.82
- Market cap
- ₹5,167 Cr
- Revenue (annual)
- ₹3,437 Cr
- Net profit (annual)
- ₹107.1 Cr
- P/E (TTM)
- 65.7×Sector 32.5×
- Promoter holding
- 55.77%+0.00% QoQ
- FII holding
- 1.92%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Greaves Cotton Ltd
All →Greaves Cotton Earnings Call Transcript: Key Takeaways
Greaves Cotton reported strong revenue growth but significant margin pressure from persistent input cost inflation. Profitability was hit by non-recurring impairment charges and accelerated amortization.
Greaves Cotton Results Update
Greaves Cotton issued a Q2 FY27 press release reporting strong consolidated revenue and EBITDA growth. Core and electric mobility investee GEML drove the gains.
Greaves Cotton Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue up 44% YoY; core revenue ₹768 Cr (+24%) with EBITDA margin down to 11.5% from 14.8%. GEML revenue ₹410 Cr (+106%), EBITDA loss narrowed to ₹24 Cr.
Greaves Cotton Board Meeting Outcome
Greaves Cotton confirmed its Board met on October 29, 2026, on unaudited half-year results. No new financial figures are disclosed in this filing.
Greaves Cotton Q2 FY27 Results: Net Loss of ₹29.8 Cr
Greaves Cotton Ltd approved its standalone and consolidated unaudited results for the quarter and half year ended 30 September 2026. The Board endorsed the figures reviewed by the Audit Committee and the statutory auditors.
- Key figure
- Net loss ₹29.8 Cr
Greaves Cotton Board Meeting Date
Greaves Cotton Limited has scheduled a board meeting for 29th October, 2026, to consider and approve its unaudited financial results for the quarter and half-year ended September 2026.