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Greaves Cotton Limited (GREAVESCOT) AI Stock Analysis
Greaves Cotton Limited
(NSE:GREAVESCOT)
The overall score is constrained by a very high P/E ratio and weak technical momentum. The company's solid balance sheet and improving cash flows provide some support, but the sharp decline in gross margins and volatile earnings history remain significant risks. The stock appears expensive given its current financial and technical profile.
Greaves Cotton Limited (GREAVESCOT) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 52.47B
- Dividend Yield
- 1.00%
- Average Volume (3M)
- 117.90K
- Price to Earnings (P/E)
- 46.4
- Beta (1Y)
- 1.95
- Revenue Growth
- 21.20%
- EPS Growth
- 22.83%
- Country
- India
- Employees
- 1,756
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Machinery
Greaves Cotton Limited Business Overview & Revenue Model
Company Description
Established in Mumbai, India, in 1859, Greaves Cotton Limited operates as a diversified engineering firm specializing in the production and sale of engines and associated application products. Its engine range includes lightweight diesel and gasoline...
How the Company Makes Money
Greaves Cotton primarily generates revenue from (1) selling internal combustion engines and powertrain/propulsion products to original equipment manufacturers (OEMs) for applications such as small commercial vehicles, three-wheelers, and other indust...
Greaves Cotton Limited Financial Statement Overview
Summary
Financial performance is mixed. The balance sheet is a strength with low leverage (D/E 0.28) and a solid equity base. However, the income statement shows a sharp gross margin decline to 18.9% and a volatile profit history, while cash flow, though improved, has weak debt coverage. Overall, the company is on a recovery path but with notable concerns.
Income Statement
40NegativeBalance Sheet
70PositiveCash Flow
50Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.65B | 34.37B | 29.18B | 26.33B | 26.99B | 17.10B |
| Gross Profit | 8.07B | 6.50B | 9.31B | 8.16B | 7.29B | 1.61B |
| EBITDA | 2.45B | 2.50B | 1.36B | -1.79B | 1.88B | 472.40M |
| Net Income | 998.20M | 1.07B | 584.00M | -1.35B | 780.30M | -353.00M |
Balance Sheet | ||||||
| Total Assets | 0 | 28.94B | 25.52B | 24.64B | 27.24B | 16.44B |
| Cash, Cash Equivalents and Short-Term Investments | 6.23B | 6.24B | 2.55B | 4.78B | 11.36B | 4.55B |
| Total Debt | 0 | 3.94B | 812.40M | 807.50M | 282.60M | 2.57B |
| Total Liabilities | -15.14B | 13.80B | 9.66B | 7.90B | 7.57B | 8.95B |
| Stockholders Equity | 15.14B | 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
Price Trends
Market Momentum
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 199.40 is below the 20-day moving average (MA) of 201.94, below the 50-day MA of 200.95, and above the 200-day MA of 184.22, indicating a neutral trend. The MACD of -5.65 indicates Positive momentum. The RSI at 49.90 is Neutral, neither overbought nor oversold. The STOCH value of 42.21 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
Overall Rating
IN:ELGIEQUIP77Outperform
IN:KIRLOSBROS76Outperform
IN:KIRLOSENG69Neutral
IN:KIRLPNU66Neutral
IN:KSB58Neutral- IN:GREAVESCOT51Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:ELGIEQUIP | 77Outperform | INR 161.31B | 35.85 | ― | 0.53% | 15.94% | 23.70% |
| IN:KIRLOSBROS | 76Outperform | INR 127.28B | 33.82 | ― | 0.44% | 10.85% | -4.06% |
| IN:KIRLOSENG | 69Neutral | INR 261.95B | 47.81 | ― | 0.50% | 22.66% | 15.61% |
| IN:KIRLPNU | 66Neutral | INR 69.94B | 26.95 | ― | 1.11% | 9.10% | 38.69% |
| IN:KSB | 58Neutral | INR 113.26B | 1.31 | ― | 0.67% | 4.63% | -4.40% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:GREAVESCOT | 51Neutral | INR 46.45B | 46.37 | ― | 1.00% | 21.20% | 22.83% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:GREAVESCOT | Greaves Cotton Limited | 199.40 | -19.95 | -9.10% | |
| IN:ELGIEQUIP | ELGI Equipments Limited | 509.00 | 29.34 | 6.12% | |
| IN:KIRLOSBROS | Kirloskar Brothers Ltd. | 1602.85 | -251.09 | -13.54% | |
| IN:KIRLOSENG | Kirloskar Oil Engines Limited | 1799.50 | 788.52 | 78.00% | |
| IN:KIRLPNU | Kirloskar Pneumatic Co. Ltd. | 538.15 | -8.16 | -1.49% | |
| IN:KSB | KSB Ltd. | 650.75 | -118.50 | -15.40% |
Greaves Cotton Limited Corporate Events
Greaves Cotton Gets IND AA- Rating Affirmed With Stable Outlook
Greaves Cotton Limited has announced that India Ratings and Research has affirmed its long-term issuer rating at IND AA- with a Stable outlook, underscoring the company’s solid credit profile. The rating affirmation reflects confidence in the f...
Greaves Cotton Publishes Q1 FY27 Investor Presentation on Unaudited Results
Greaves Cotton Limited has released an investor presentation detailing its unaudited financial results for the quarter ended June 30, 2026, in line with SEBI’s disclosure regulations. The presentation has been shared with stock exchanges and up...
Greaves Electric Mobility’s INR 530 Crore Rights Issue Fully Subscribed
Greaves Electric Mobility Limited (GEML), the e-mobility arm of Greaves Cotton Limited and a leading player in India’s electric two- and three-wheeler market, has raised INR 530 crore through a fully subscribed rights issue. The capital has bee...
Greaves Electric Mobility’s INR 530 Crore Rights Issue Fully Subscribed, Parent Stake Unchanged
Greaves Cotton Limited has announced that its material subsidiary, Greaves Electric Mobility Limited, has successfully completed an INR 530 crore rights issue that was fully subscribed by existing shareholders. The Board of Greaves Electric Mobility...
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.
Date of analysis: Oct 11, 2026