Greaves Cotton

₹131.6 0.1 | 0.1%

WEBSITE BSE:501455 NSE : GREAVES COTT 10 May, 16:01

Market Cap ₹3053 Cr.

Stock P/E -22.6

P/B 2.1

Current Price ₹131.6

Book Value ₹ 62.1

Face Value 2

52W High ₹175.5

Dividend Yield 1.52%

52W Low ₹ 121

Edit Ratio

Greaves Cotton Research see more...

Overview Inc. Year: 1922Industry: Diesel Engines

Greaves Cotton Ltd is a holding company. The Company is engaged in the production of engines, engine packages, and buying and selling of power tillers spares related to engines, electric vehicle, and infrastructure equipment. The Company's operating segments consist of Engines, Retail, E-mobility, Finance, and Tech services. The Company's services and products consist of automotive business, greaves retail outlets, greaves shops, and greaves stores. The Automotive Engines gives single cylinder automotive diesel engines, CNG engines, multi-cylinder diesel engines. The Non-Automotive commercial enterprise offers farm gadget which includes petrol, kerosene portable engines, transportable pump units, energy tiller, reaper, and rotavator. The Greaves Retail shops provide a One-stop shop for Sales, Service & Spares. The Electric Mobility provides various e-scooters. The Company production facilities within the states of Maharashtra and Tamil Nadu.

Greaves Cotton Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Greaves Cotton Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	486	621	660	699	514	827	569	727	665	673
Other Income	3	10	11	15	18	24	22	15	14	13
Total Income	490	630	671	714	531	851	590	742	680	686
Total Expenditure	473	580	622	656	510	778	582	681	630	649
Operating Profit	17	50	49	58	21	73	8	61	50	37
Interest	1	2	6	2	2	1	2	2	2	3
Depreciation	14	15	14	14	13	15	17	19	20	28
Exceptional Income / Expenses	-1	-6	0	-0	-1	-12	1	-381	47	-2
Profit Before Tax	0	27	29	42	5	44	-10	-341	74	3
Provision for Tax	6	9	11	8	9	15	15	34	29	17
Profit After Tax	-5	18	18	34	-4	29	-24	-375	46	-13
Adjustments	-1	-1	-2	-5	11	-2	19	184	12	16
Profit After Adjustments	-6	17	16	29	6	27	-5	-191	58	3
Adjusted Earnings Per Share	-0.3	0.7	0.7	1.2	0.3	1.2	-0.2	-8.2	2.5	0.1

Greaves Cotton Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	1906	1635	1659	1616	1634	1792	2015	1911	1500	1710	2699	2634
Other Income	16	29	25	51	56	48	50	71	8	27	67	64
Total Income	1922	1664	1684	1667	1690	1840	2066	1982	1509	1736	2767	2698
Total Expenditure	1666	1421	1378	1351	1396	1540	1752	1752	1421	1687	2566	2542
Operating Profit	256	243	305	316	294	301	314	230	88	50	201	156
Interest	2	5	2	1	1	1	4	5	7	5	12	9
Depreciation	41	45	48	46	47	52	52	61	60	59	57	84
Exceptional Income / Expenses	-3	8	-63	27	6	47	-18	5	-34	-2	-13	-335
Profit Before Tax	211	201	192	296	252	295	240	169	-14	-19	113	-274
Provision for Tax	63	61	55	94	68	93	77	42	5	16	43	95
Profit After Tax	148	140	137	203	184	202	163	127	-19	-35	70	-366
Adjustments	0	-17	-54	-2	-3	0	2	2	0	0	8	231
Profit After Adjustments	148	123	84	201	181	202	165	129	-19	-35	78	-135
Adjusted Earnings Per Share	6.1	5.1	3.4	8.2	7.4	8.3	6.7	5.6	-0.8	-1.5	3.4	-5.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	58%	12%	9%	4%
Operating Profit CAGR	302%	-4%	-8%	-2%
PAT CAGR	0%	-18%	-19%	-7%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-14%	-1%	-1%	5%
ROE Average	6%	-0%	6%	14%
ROCE Average	10%	2%	10%	21%

Greaves Cotton Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	733	820	823	891	925	965	969	799	783	749	1587
Minority's Interest	0	0	0	0	0	0	14	0	0	0	381
Borrowings	0	0	0	0	0	0	5	0	0	169	0
Other Non-Current Liabilities	294	357	27	27	19	28	40	40	22	26	24
Total Current Liabilities	406	333	274	259	305	354	426	400	463	680	713
Total Liabilities	1433	1509	1124	1177	1250	1346	1454	1239	1267	1624	2705
Fixed Assets	373	370	326	283	288	274	335	380	372	364	369
Other Non-Current Assets	293	340	41	312	330	364	363	145	172	522	700
Total Current Assets	767	799	757	563	622	699	747	714	723	726	1623
Total Assets	1433	1509	1124	1177	1250	1346	1454	1239	1267	1624	2705

Greaves Cotton Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	71	42	28	14	8	10	30	40	156	175	91
Cash Flow from Operating Activities	108	155	225	230	114	280	145	102	147	-56	-135
Cash Flow from Investing Activities	-59	-108	-179	-70	36	-97	35	255	-108	-238	-758
Cash Flow from Financing Activities	-78	-55	-60	-166	-148	-162	-174	-241	-20	210	889
Net Cash Inflow / Outflow	-29	-8	-14	-6	2	20	7	116	19	-84	-4
Closing Cash & Cash Equivalent	42	34	14	8	10	30	40	156	175	91	86

Greaves Cotton Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	6.06	5.05	3.42	8.23	7.4	8.28	6.74	5.59	-0.81	-1.52	3.37
CEPS(Rs)	7.73	7.58	7.58	10.17	9.46	10.43	8.8	8.14	1.8	1.01	5.46
DPS(Rs)	1.6	1.3	2.5	5.5	5.5	5.5	4	0	0.2	0.2	0.9
Book NAV/Share(Rs)	29.86	33.4	33.54	36.49	37.89	39.51	39.69	34.53	33.76	32.15	67.89
Core EBITDA Margin(%)	11.3	11.67	15.36	14.7	13.1	13.73	13.09	8.34	5.31	1.34	4.94
EBIT Margin(%)	9.97	11.25	10.67	16.48	13.91	16.09	12.11	9.11	-0.46	-0.82	4.61
Pre Tax Margin(%)	9.9	10.98	10.54	16.43	13.86	16.04	11.9	8.84	-0.92	-1.13	4.18
PAT Margin (%)	6.95	7.67	7.52	11.24	10.12	10.99	8.07	6.66	-1.25	-2.06	2.58
Cash Profit Margin (%)	8.86	10.11	10.13	13.77	12.7	13.84	10.66	9.85	2.78	1.37	4.68
ROA(%)	10.94	9.55	10.43	17.61	15.17	15.58	11.62	9.45	-1.5	-2.44	3.22
ROE(%)	21.83	18.19	16.8	23.69	20.28	21.39	16.82	14.4	-2.38	-4.63	6.02
ROCE(%)	30.22	26.38	23.83	34.75	27.85	31.32	25.08	19.46	-0.86	-1.58	9.68
Receivable days	53.43	68.85	55.67	43.73	47.23	51.87	53.88	57.04	56.43	42.2	23.83
Inventory Days	31.06	34.2	26.92	21.72	23.83	23.69	22.02	31.34	44.9	39.29	27.6
Payable days	59.41	64.74	52.43	59.25	71.22	74.34	78.86	86.26	110.71	106.54	75.95
PER(x)	10.5	16	42.62	15.01	23.61	13.76	20.7	12.47	0	0	37.47
Price/Book(x)	2.13	2.42	4.35	3.38	4.61	2.88	3.52	2.02	3.79	5.94	1.86
Dividend Yield(%)	2.51	1.61	1.71	4.45	3.15	4.83	2.86	0	0.16	0.1	0.71
EV/Net Sales(x)	0.8	1.19	2.13	1.85	2.6	1.53	1.68	0.75	1.78	2.66	0.88
EV/Core EBITDA(x)	5.96	8	11.55	9.48	14.47	9.13	10.75	6.21	30.42	91.86	11.91
Net Sales Growth(%)	6.53	-14.22	1.45	-2.57	1.14	9.65	12.46	-5.18	-21.48	13.95	57.89
EBIT Growth(%)	-17.89	-3.04	-5.4	52.54	-14.87	17	-17.57	-28.65	-103.94	-103.94	989.92
PAT Growth(%)	-21.65	-5.09	-2.24	47.53	-9.12	9.8	-19.57	-21.74	-114.76	-87.97	297.59
EPS Growth(%)	-21.65	-16.63	-32.23	140.2	-10.07	11.92	-18.54	-17.17	-114.54	-87.71	320.91
Debt/Equity(x)	0.02	0	0	0	0	0	0.01	0.01	0	0.31	0
Current Ratio(x)	1.89	2.4	2.76	2.17	2.04	1.98	1.76	1.78	1.56	1.07	2.28
Quick Ratio(x)	1.44	1.91	2.37	1.75	1.62	1.67	1.44	1.3	1.18	0.78	1.98
Interest Cover(x)	137.91	41.77	82.19	294.21	312.31	365.4	60.39	34.33	-0.99	-2.62	10.65
Total Debt/Mcap(x)	0.01	0	0	0	0	0	0	0.01	0	0.05	0

Greaves Cotton Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	55.62	55.55	55.54	55.54	55.54	55.74	55.87	56	56	56
FII	3.84	3.13	3.47	3.89	4.14	4.53	4.93	4.57	3.18	2.81
DII	9.19	9.52	8.58	7.7	5.11	4.24	3.63	3.43	3.45	3.75
Public	31.35	31.79	32.41	32.87	35.21	35.49	35.56	36	37.37	37.43
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	12.86	12.86	12.86	12.86	12.86	12.91	12.96	12.99	12.99	12.99
FII	0.89	0.73	0.8	0.9	0.96	1.05	1.14	1.06	0.74	0.65
DII	2.12	2.2	1.99	1.78	1.18	0.98	0.84	0.8	0.8	0.87
Public	7.25	7.36	7.5	7.61	8.15	8.22	8.25	8.35	8.67	8.68
Others	0	0	0	0	0	0	0	0	0	0
Total	23.12	23.15	23.16	23.16	23.16	23.16	23.2	23.2	23.2	23.2

Pros

Debtor days have improved from 106.54 to 75.95days.
Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of -0% over the last 3 years.
The company has delivered a poor profit growth of -19% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Greaves Cotton News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Greaves Cotton

Add Watchlist

Greaves Cotton Research see more...

Overview Inc. Year: 1922Industry: Diesel Engines

Greaves Cotton Share Price

Alert Data

Quarterly Price

Peer Comparison

Greaves Cotton Quarterly Results

Greaves Cotton Profit & Loss

Growth Rates

Greaves Cotton Balance Sheet

Greaves Cotton Cash Flow

Greaves Cotton Ratios

Greaves Cotton Shareholding Pattern

Greaves Cotton News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!