Greaves Cotton Ltd.
NSE: GREAVESCOT · Compressors, Pumps & Diesel Engines · sector
₹182.32NSE close 2026-10-26
Key numbers
Market cap₹4,247 cr
Price₹182.32
52w high / low₹272 / ₹120
P/E42.4xSector median 42.4x
P/B3.0xSector median 6.2x
Book value₹61.4
Dividend yield1.10%Sector median 0.45%
ROE7.0%Sector median 16.4%
ROCE7.5%Sector median 18.6%
OPM5.5%Sector median 14.2%
Debt / equity0.23xSector median 0.08x
EV/EBITDA19.8xSector median 22.3x
Interest cover4.0x
Current ratio1.86x
Sales growth 3y+8.4%Sector median +9.1%
Profit growth 3y+11.2%Sector median +14.8%
PEG3.88x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 13 companies in Compressors, Pumps & Diesel Engines (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹624 cr vs borrowings ₹326 cr (FY26): cash is higher (net cash).
- Borrowings rose in each of the last 3 years (₹3 cr → ₹326 cr).
- Operating profit covered interest 4.0x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 43% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹182.32 on 2026-10-26: -32.9% from the 52-week high, +51.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹288.75 · low ₹128.01
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 705 | 751 | 823 | 745 | 815 | 875 | 1,000 | 974 |
| EBITDA | 19 | 46 | 46 | 56 | 48 | 43 | 52 | 56 |
| OPM % | 2.7% | 6.1% | 5.6% | 7.6% | 5.9% | 4.9% | 5.2% | 5.8% |
| Other income | 14 | 12 | 12 | 18 | 10 | 8 | 13 | 11 |
| Net profit | 3 | 21 | 24 | 33 | 26 | 26 | 23 | 26 |
| EPS (₹) | 0.14 | 0.90 | 1.03 | 1.42 | 1.12 | 1.10 | 0.97 | 1.11 |
| Revenue YoY | +15.6% | +16.6% | +21.6% | +30.7% | ||||
| Profit YoY | +707.8% | +22.5% | -6.3% | -22.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,710 | 2,699 | 2,633 | 2,918 | 3,437 | 3,665 |
| EBITDA | 25 | 121 | -243 | 138 | 200 | 200 |
| Net profit | -35 | 78 | -135 | 58 | 107 | 100 |
| EPS (₹) | -1.53 | 3.37 | -5.83 | 2.51 | 4.60 | 4.30 |
| Revenue growth | +57.9% | -2.5% | +10.8% | +17.8% | +21.2% | |
| Profit growth | – | -273.4% | – | +83.5% | +23.0% | |
| Dividend / share (₹) | 0.20 | 0.20 | 0.90 | 2.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +8.4% | +18.0% | +21.2% |
| Net profit | +11.1% | – | +23.0% |
| EPS | +10.9% | – | – |
| Share price | – | +0.2% (2y) | -6.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,587 | 1,440 | 1,406 | 1,431 |
| Borrowings | – | 3 | 49 | 53 | 326 |
| Cash & equivalents | – | 653 | 471 | 322 | 624 |
| Total assets | – | 2,724 | 2,464 | 2,552 | 2,894 |
| Fixed assets | – | 251 | 377 | 404 | 451 |
| Capital work in progress | – | 22 | 32 | 18 | 30 |
| Investments | – | 10 | 0 | 0 | 6 |
| Receivables | – | 166 | 236 | 334 | 345 |
| Inventory | – | 215 | 276 | 336 | 314 |
| Payables | – | 441 | 386 | 522 | 581 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -63 | -135 | -153 | -23 | 33 |
| Cash from investing | -232 | -758 | 232 | 50 | -99 |
| Cash from financing | 210 | 889 | -32 | -40 | 123 |
| Capex | 66 | 235 | 159 | 82 | 96 |
| Free cash flow | -129 | -370 | -312 | -104 | -63 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 4.9% | -9.4% | 4.2% | 7.5% |
| ROCE % | – | 8.3% | -17.7% | 6.1% | 8.0% |
| Debtor days | – | 22 | 33 | 42 | 37 |
| Inventory days | – | 40 | 56 | 62 | 50 |
| Payable days | – | 82 | 78 | 96 | 92 |
| Cash conversion cycle (days) | – | -20 | 11 | 8 | -5 |
| Working capital days | – | 123 | 69 | 74 | 86 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 55.77% |
| FIIs | 1.91% |
| DIIs | 4.66% |
| of which Mutual funds | 0.32% |
| of which Insurance | 2.51% |
| Public (non-institutions) | 37.66% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 55.88% | 55.88% | 55.81% | 55.80% | 55.80% | 55.78% | 55.77% | 55.77% |
| Promoter group | % |
|---|---|
| DBH Investment Capital India Private Limited | 55.77% |
| EICL Limited | 0.00% |
| DBH Holdings(India) Private Ltd | 0.00% |
| Premium Transmission Limited | 0.00% |
| Kaolin India Private Limited | 0.00% |
| Premium Motion Private Limited | 0.00% |
| Premium Care Private Limited | 0.00% |
| Pygmalion Foundation | 0.00% |
| DBH Global Holdings Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| The NEW India Assurance Company Limited | 1.89% |
3,67,213 shareholders. Pledged: 0.00% of promoter shares.
Peers in Compressors, Pumps & Diesel Engines
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CUMMINSIND | ₹1,21,566 cr | 51.4x | 14.3x | 29.5% | 33.2% | 19.7% | +16.0% | 1.21% |
| KIRLOSENG | ₹26,454 cr | 48.4x | 7.3x | 16.1% | 13.7% | 17.1% | +15.3% | 0.36% |
| ELGIEQUIP | ₹16,486 cr | 36.6x | 7.4x | 21.9% | 23.4% | 14.2% | +9.1% | 0.42% |
| KIRLOSBROS | ₹12,421 cr | 33.2x | 5.0x | 16.4% | 18.1% | 10.9% | +6.8% | 0.45% |
| INGERRAND | ₹11,850 cr | 44.3x | 19.2x | 43.7% | 58.5% | 23.2% | +6.6% | 2.13% |
| KSB | ₹11,534 cr | 47.0x | 6.8x | 15.2% | 18.6% | 11.8% | – | – |
| KIRLPNU | ₹7,710 cr | 29.4x | 6.2x | 22.4% | 27.9% | 19.6% | +13.0% | 0.84% |
| SHAKTIPUMP | ₹4,529 cr | 21.3x | 2.7x | 14.8% | 16.6% | 12.3% | +40.7% | 0.27% |
| GREAVESCOT | ₹4,247 cr | 42.4x | 3.0x | 7.0% | 7.5% | 5.5% | +8.4% | 1.10% |
| SWARAJENG | ₹4,170 cr | 19.6x | 8.8x | 49.3% | 60.7% | 13.2% | +12.2% | 3.04% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| a. Engines | ₹2,241 cr | 64.2% | ₹377 cr | 16.8% |
| b. Electric Mobility & Other Vehicles | ₹786 cr | 22.5% | ₹-182 cr | -23.2% |
| c. Cables & Control Levers | ₹252 cr | 7.2% | ₹54 cr | 21.3% |
| d. Others | ₹211 cr | 6.0% | ₹-8 cr | -3.8% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-28 | Dividend | Dividend - Rs 2 Per Share |
| 2025-07-23 | Dividend | Dividend - Rs 2 Per Share |
| 2024-08-01 | Dividend | Dividend - Rs 2 Per Share |
| 2023-08-03 | Dividend | Dividend - Rs 0.90 Per Share |
| 2022-08-03 | Dividend | Dividend - Rs 0.20 Per Share |
| 2021-08-03 | Dividend | Dividend - Rs 0.20 Per Share |
| 2020-08-05 | Other | Annual General Meeting |
| 2019-07-31 | Other | Annual General Meeting |
| 2019-07-11 | Buyback | Buyback |
| 2019-02-13 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2018-08-03 | Dividend | Annual General Meeting/Dividend- Rs 1.5 Per Share |
| 2018-02-14 | Dividend | Interim Dividend Rs 4/- Per Share (Purpose Revised) |
| 2017-07-26 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2017-02-22 | Dividend | Interim Dividend Rs 4/- Per Share (Purpose Revised) |
| 2016-09-16 | Dividend | Annual General Meeting/ Dividend - Re.1/- Per Share (Bokk Closure Dates Revised) |
| 2016-02-11 | Dividend | Interim Dividend - Rs 4.50/- Per Share (Purpose Revised) |
| 2015-07-30 | Dividend | Annual General Meeting/ Final Dividend - Rs. 1.10/- Per Share (Book Closure Date Revised) |
| 2014-09-04 | Dividend | Interim Dividend - Rs 1.40/- Per Share (Purpose Revised) |
| 2014-07-18 | Dividend | Annual General Meeting / Final Dividend - Re 0.60/- Per Share |
| 2014-02-17 | Dividend | Second Interim Dividend - Re 0.40/- Per Share (Purpose Revised) |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment
| Sector | Industrials |
| Industry | Compressors, Pumps & Diesel Engines |
| Sub-industry | Compressors, Pumps & Diesel Engines |
| Symbol | GREAVESCOT |
| BSE code | 501455 |
| ISIN | INE224A01026 |
| Face value | ₹2.0 |
| Incorporated | 1922-03-29 |
| Website | https://www.greavescotton.com |
| Plants (India / abroad) | 11 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.