Greaves Cotton Ltd.

BSE: GREAVESCOT501455ISIN INE224A01026

Industrials
Compressors, Pumps & Diesel Engines
BSE 1000

Share price

₹205.55+7.60 (+3.84%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹272.00
52W low: ₹120.05
Off 52W high: -24.43%
1M return: -6.99%
3M return: +4.82%
6M return: +18.64%
1Y return: -7.05%
20D avg volume: 86,701
50 DMA: ₹201.58
200 DMA: ₹185.51

Key ratios Consolidated

Market cap: ₹4,788 Cr
Current price: ₹205.55
52W high / low: ₹272.00 / ₹120.05
Face value: ₹2.00
P/E: -308.33
P/B: 3.51
EPS (TTM): ₹-0.67
Book value / share: ₹58.62
ROE: —
ROCE: 7.20%
Operating margin: —
Net margin: —
Debt / equity: 0.22
Net debt: ₹135.13 Cr
Interest cover: 5.41
Dividend yield: 0.97%
Dividend / share (TTM): ₹2.00
Payout: —
Cash conversion cycle: 8.3 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,176	974.12	1,000	875.47	815.46	745.43	822.83	750.60	705.31	639.70	672.53	665.38
	11.17	10.94	13.10	8.42	10.43	18.04	12.28	11.64	13.78	16.96	13.39	14.42
	1,187	985.06	1,013	883.89	825.89	763.47	835.11	762.24	719.09	656.66	685.92	679.80
	1,170	958.01	969.75	847.32	795.36	719.93	808.28	739.81	712.98	641.40	680.01	652.62
	832.71	668.90	618.13	548.94	521.47	448.33	499.20	493.34	465.87	395.23	390.18	392.31
	40.51	28.40	34.13	38.06	33.94	35.25	67.58	34.02	35.30	31.87	34.63	34.09
	105.17	102.52	89.75	93.85	100.72	90.21	80.38	85.78	84.55	74.55	84.31	82.38
	14.47	12.01	9.98	6.37	4.83	4.87	5.92	3.15	4.27	2.94	3.04	2.27
	53.22	28.21	27.68	27.60	26.95	26.56	25.27	25.73	26.43	26.05	28.18	20.33
	144.67	142.77	146.91	135.31	123.33	114.40	129.42	122.50	111.23	106.74	110.88	107.70
	16.84	27.05	43.61	36.57	30.53	43.54	26.83	22.43	6.11	15.26	5.91	27.18
	-32.75	0.00	-15.98	-19.26	-3.58	-0.52	0.00	6.17	-4.30	0.00	-2.42	47.16
	-15.91	27.05	27.63	17.31	26.95	43.02	26.83	28.60	1.81	15.26	3.49	74.34
	13.90	20.89	25.43	11.39	20.63	22.17	25.30	21.92	16.14	15.42	16.84	28.74
	-29.81	6.16	2.20	5.92	6.32	20.85	1.53	6.68	-14.33	-0.16	-13.35	45.60
	0.20	1.11	0.97	1.10	1.12	1.42	1.03	0.90	0.14	0.44	0.11	2.50
Key metrics
	51.78	67.27	65.29	51.28	58.73	74.45	58.02	57.48	32.51	44.25	34.71	96.94
	4.40%	6.90%	6.50%	5.90%	7.20%	10.00%	7.10%	7.70%	4.60%	6.90%	5.20%	14.60%
	-2.50%	0.60%	0.20%	0.70%	0.80%	2.80%	0.20%	0.90%	-2.00%	0.00%	-2.00%	6.90%
	-0.10%	—	1.90%	—	1.80%	—	1.90%	—	—	—	—	—
	44.20%	30.70%	21.60%	16.60%	15.60%	16.50%	22.30%	12.80%	—	—	—	—
	-571.70%	-70.50%	43.80%	-11.40%	144.10%	13,131.20%	111.50%	-85.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,026	3,437	2,918	2,633	2,699	1,710
	43.63	49.99	54.66	64.76	67.14	22.35
	4,069	3,487	2,973	2,698	2,767	1,732
	3,945	3,332	2,902	2,635	2,634	1,747
	2,669	2,137	1,854	1,688	1,886	1,160
	141.10	141.38	168.77	130.57	112.62	92.63
	391.29	374.53	325.26	311.18	211.91	169.62
	42.83	26.05	16.28	9.23	11.69	5.34
	136.71	108.79	103.48	84.39	56.68	58.73
	569.66	519.95	469.89	431.11	384.12	253.88
	124.07	154.25	70.63	62.63	132.15	-14.52
	-67.99	-39.34	1.87	-334.83	-12.50	-2.31
	56.08	114.91	72.50	-272.20	119.65	-16.83
	71.61	79.62	78.78	94.17	43.06	15.97
	-15.53	35.29	-6.28	-367.27	69.75	-35.30
	3.38	4.60	2.51	-5.83	3.37	-1.53
Key metrics
	235.62	249.75	192.26	-178.58	188.02	47.24
	5.85%	7.30%	6.60%	-6.80%	7.00%	2.80%
	-0.39%	1.00%	-0.20%	-13.90%	2.60%	-2.10%
	—	7.20%	5.30%	—	—	—
	28.44%	17.80%	10.80%	-2.50%	57.90%	—
	-143.89%	661.90%	98.30%	-626.60%	297.60%	—
	—	-3.96	-64.77	—	—	—
	—	0.92	3.59	—	—	—
	—	0.22	0.03	—	—	—
	—	135.13	-81.77	—	—	—
	—	8.3	18.5	—	—	—
Balance sheet
	—	2,894	2,552	—	—	—
	—	1,737	1,456	—	—	—
	—	190.93	135.03	—	—	—
	—	344.81	334.46	—	—	—
	—	314.32	335.54	—	—	—
	—	145.04	113.11	—	—	—
	—	450.90	404.31	—	—	—
	—	580.85	522.10	—	—	—
	—	932.11	861.00	—	—	—
	—	326.06	53.26	—	—	—
	—	50.48	53.26	—	—	—
	—	275.58	0.00	—	—	—
	—	1,514	1,585	—	—	—
Cash flow
	—	32.58	-22.52	—	—	—
	—	-99.46	49.71	—	—	—
	—	122.78	-39.98	—	—	—
	—	36.54	42.25	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	682.18	629.39	697.55	574.81	551.66	540.54	573.41	502.22	467.52	444.87	481.30	442.76
	4.48	11.18	13.33	9.17	9.68	12.85	9.39	8.65	9.71	11.63	10.93	9.26
	686.66	640.57	710.88	583.98	561.34	553.39	582.80	510.87	477.23	456.50	492.23	452.02
	628.98	573.57	624.20	509.86	486.23	477.01	499.86	447.31	420.99	407.21	436.92	386.75
	466.33	438.29	429.46	336.97	342.05	338.09	353.22	315.02	289.55	267.35	275.79	266.99
	26.79	23.53	28.26	26.00	26.31	26.82	35.01	33.98	35.24	31.86	34.36	34.09
	52.37	50.35	45.43	46.05	46.76	48.28	40.47	43.39	41.86	43.94	38.27	35.66
	1.52	1.01	1.01	0.67	0.63	0.52	0.29	0.37	0.37	0.66	0.42	0.57
	14.44	14.02	13.13	12.69	12.03	11.78	10.47	11.27	12.10	11.85	11.43	10.51
	76.88	76.14	81.67	71.88	64.05	65.92	62.57	57.22	50.31	52.00	56.97	43.66
	57.68	67.00	86.68	74.12	75.11	76.38	82.94	63.56	56.24	49.29	55.31	65.27
	-1.72	0.00	-15.98	-15.75	-3.58	0.00	0.00	2.35	-4.40	—	-1.21	47.16
	55.96	67.00	70.70	58.37	71.53	76.38	82.94	65.91	51.84	49.29	54.10	112.43
	14.65	17.16	22.95	15.27	18.94	19.74	21.13	16.96	13.28	12.74	14.63	24.73
	41.31	49.84	47.75	43.10	52.59	56.64	61.81	48.95	38.56	36.55	39.47	87.70
	1.77	2.14	2.05	1.85	2.26	2.43	2.66	2.11	1.66	1.57	1.70	3.78
Key metrics
	71.92	82.03	84.84	71.73	84.19	88.68	93.70	77.55	64.31	61.80	65.95	123.51
	10.50%	13.00%	12.20%	12.50%	15.30%	16.40%	16.30%	15.40%	13.80%	13.90%	13.70%	27.90%
	6.10%	7.90%	6.80%	7.50%	9.50%	10.50%	10.80%	9.70%	8.20%	8.20%	8.20%	19.80%
	3.20%	—	4.10%	—	4.50%	—	5.50%	—	—	—	—	—
	23.70%	16.40%	21.60%	14.50%	18.00%	21.50%	19.10%	13.40%	—	—	—	—
	-21.40%	-12.00%	-22.70%	-12.00%	36.40%	55.00%	56.60%	-44.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,584	2,365	1,988	1,779	1,550	1,178
	38.16	45.03	39.38	38.29	42.53	31.59
	2,622	2,410	2,027	1,817	1,592	1,209
	2,337	2,097	1,775	1,590	1,439	1,177
	1,671	1,447	1,225	1,073	994.32	741.88
	104.58	107.39	136.09	130.26	112.62	92.63
	194.20	186.52	169.66	142.49	115.24	130.83
	4.21	2.83	1.69	1.77	2.11	1.96
	54.28	49.63	45.69	41.01	38.10	42.43
	306.57	283.52	222.10	193.20	183.57	159.28
	285.48	312.29	252.03	227.02	153.73	31.94
	-33.45	-35.31	-2.05	138.70	6.99	7.33
	252.03	276.98	249.98	365.72	160.72	39.27
	70.03	76.91	64.11	81.36	45.62	12.19
	182.00	200.07	185.87	284.36	115.10	27.08
	7.81	8.59	8.00	12.26	4.97	1.17
Key metrics
	310.52	329.44	297.36	408.50	200.93	83.66
	12.02%	13.90%	15.00%	23.00%	13.00%	7.10%
	7.04%	8.50%	9.30%	16.00%	7.40%	2.30%
	—	16.10%	16.70%	—	—	—
	19.19%	18.90%	11.80%	14.80%	31.60%	—
	-17.27%	7.60%	-34.60%	147.10%	325.00%	—
	—	314.61	82.37	—	—	—
	—	1.74	0.60	—	—	—
	—	0.00	0.00	—	—	—
	—	-140.05	-107.99	—	—	—
	—	8.7	28.3	—	—	—
Balance sheet
	—	2,283	1,967	—	—	—
	—	993.99	912.64	—	—	—
	—	140.05	107.99	—	—	—
	—	284.57	285.67	—	—	—
	—	196.56	205.23	—	—	—
	—	40.65	32.12	—	—	—
	—	248.98	193.73	—	—	—
	—	424.21	336.61	—	—	—
	—	541.31	460.28	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	1,618	1,455	—	—	—
Cash flow
	—	347.57	111.78	—	—	—
	—	-171.12	-50.00	—	—	—
	—	-144.39	-53.80	—	—	—
	—	32.96	29.41	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +15.12%
Sales CAGR 5Y: —
Profit CAGR 3Y: +20.24%
Profit CAGR 5Y: —
Sales YoY (TTM): +19.19%
Profit YoY (TTM): -17.27%

Consolidated

Sales CAGR 3Y: +8.38%
Sales CAGR 5Y: —
Profit CAGR 3Y: -20.32%
Profit CAGR 5Y: —
Sales YoY (TTM): +28.44%
Profit YoY (TTM): -143.89%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 55.77%

Quarter	September 2026	June 2026
Promoter %	55.77%	55.77%

Holder	Type	Holding	Previous	Change
DBH INVESTMENT CAPITAL INDIA PRIVATE LIMITED	Promoter	55.77%	55.77%	0.00%
THE NEW INDIA ASSURANCE COMPANY LIMITED	Public	1.89%	1.76%	+0.13%
Pygmalion Foundation	Promoter Group	0.00%	0.00%	0.00%
DBH Holdings(India) Private Ltd	Promoter Group	0.00%	0.00%	0.00%
EICL Limited	Promoter Group	0.00%	0.00%	0.00%
Kaolin India Private Limited	Promoter Group	0.00%	0.00%	0.00%
Premium Motion Private Limited	Promoter Group	0.00%	0.00%	0.00%
Premium Care Private Limited	Promoter Group	0.00%	0.00%	0.00%
CITIBANK N.A.	Public	0.00%	0.00%	0.00%
Premium Transmission Limited	Promoter Group	0.00%	0.00%	0.00%
DBH Global Holdings Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Cummins India Ltd.	1,31,651	4,749.30	55.62	31.90%	+15.30% TTM	+10.55% TTM	+10.01%
Kirloskar Oil Engines Limited	26,263	1,804.20	49.11	18.40%	+22.66% TTM	+16.65% TTM	+77.77%
Elgi Equipments Ltd.	17,864	563.70	39.88	25.40%	+15.94% TTM	+23.42% TTM	+16.97%
Kirloskar Brothers Ltd.	13,607	1,713.55	35.83	17.90%	+10.85% TTM	-4.09% TTM	-7.92%
Ingersoll-Rand (India) Ltd. S	12,803	4,055.80	47.86	54.90%	+8.28% TTM	+1.08% TTM	+6.66%
KSB LIMITED	11,480	659.60	48.11	—	+7.98% TTM	-9.14% TTM	-14.68%
Kirloskar Pneumatic Co.Ltd.	7,453	573.50	28.84	26.40%	+9.10% TTM	+38.95% TTM	+4.18%
Greaves Cotton Ltd.	4,788	205.55	-308.33	7.20%	+28.44% TTM	-143.89% TTM	-7.05%
Shakti Pumps (India) Ltd.	4,442	359.95	27.74	22.80%	+15.77% TTM	-60.15% TTM	-55.50%
Swaraj Engines Ltd. S	4,311	3,548.10	20.26	52.80%	+25.44% TTM	+20.19% TTM	-10.02%
Oswal Pumps Limited	2,466	216.30	7.34	29.80%	—	—	-69.42%
Yuken India Ltd.	1,502	1,105.60	96.59	7.80%	+8.91% TTM	-33.60% TTM	+16.33%
Roto Pumps Ltd.	1,167	61.91	42.11	15.80%	-3.87% TTM	-19.32% TTM	-9.77%

Filings & corporate actions

Recent announcements

please find attached the transcript of the earnings call for the quarter and half year ended 30th September, 20264 Nov 2026 · Company Update / Earnings Call Transcript
Please find attached herewith the intimation for Newspaper Publication of standalone and consolidated unaudited financial results for the quarter and half year ended 30th September, 202630 Oct 2026 · Company Update / Newspaper Publication
Audio recording of the earnings call for the quarter and half year ended 30th September, 2026.29 Oct 2026 · Company Update / Analyst / Investor Meet
Please find attached press release regarding Financial Results for the quarter and half year ended 30th September 2026.29 Oct 2026 · Company Update / Press Release / Media Release
Please find attached Investor Presentation.29 Oct 2026 · Company Update / Investor Presentation
Please find attached outcome of the Board meeting held today i.e. on 29th October 2026.29 Oct 2026 · Board Meeting / Outcome of Board Meeting
PFA.29 Oct 2026 · Result / Financial Results
Please find attached herewith the Earnings Call Intimation.22 Oct 2026 · Company Update / Analyst / Investor Meet
Greaves Cotton Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/10/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....21 Oct 2026 · Board Meeting / Board Meeting
In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, we enclose herewith a copy of the confirmation certificate dated 12th October 2026, received ....13 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed herewith Press Release issued by Greaves Finance Limited, wholly-owned subsidiary of the Company, with the heading 'Greaves Finance appoints Mukul Kanchan as Executive ....13 Oct 2026 · Company Update / Press Release / Media Release
Please find enclosed herewith Press Release issued by Greaves Electric Mobility Limited, subsidiary of the Company, with the heading 'Ampere Accelerates Growth Journey with 50+ New Experience ....9 Oct 2026 · Company Update / Press Release / Media Release
Please find enclosed herewith Press Release issued by Greaves Electric Mobility Limited, subsidiary of the Company, with the heading 'Ampere launches new Nexus EX+, strengthening its award-winning ....5 Oct 2026 · Company Update / Press Release / Media Release
Intimation of Closure of Trading Window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of schedule of Analyst / Investor Meet24 Sep 2026 · Company Update / Analyst / Investor Meet
Newspaper Advertisement - Public Notice regarding loss of share certificate23 Sep 2026 · Company Update / Newspaper Publication
Intimation of schedule of Investor Conference17 Sep 2026 · Company Update / Analyst / Investor Meet
Please find enclosed herewith Press Release issued by Greaves Electric Mobility Limited, subsidiary of the Company, with the heading 'Ampere Magnus GMax Begins the Ultimate Endurance Ride ....8 Sep 2026 · Company Update / Press Release / Media Release
Please find attached herewith intimation of Schedule of Investors Meet7 Sep 2026 · Company Update / Analyst / Investor Meet
Please find enclosed herewith Press Release issued by the Company, with the heading 'Greaves Cotton Unveils 750 HP Fire Fighting Engine at FSIE Expo 2026'. Kindly take the same on record.7 Sep 2026 · Company Update / Press Release / Media Release
Intimation of Credit Rating pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20154 Sep 2026 · Company Update / Credit Rating
Intimation of schedule of Analyst / Investor Meet25 Aug 2026 · Company Update / Analyst / Investor Meet
Please find enclosed herewith Press Release issued by the Company, with the heading 'Greaves Cotton Completes Acquisition of Excel Controlinkage, Takes Ownership to 100%. Kindly take ....17 Aug 2026 · Company Update / Press Release / Media Release
Please find attached herewith intimation in relation to further acquisition in Excel Controlinkage Private Limited ("Excel"), material subsidiary of the Company. Excel has become a wholly ....14 Aug 2026 · Company Update / Acquisition
Please find attached the transcript of earnings call for the quarter ended 30th June, 202612 Aug 2026 · Company Update / Earnings Call Transcript
Please find enclosed herewith Press Release issued by Greaves Electric Mobility Limited, subsidiary of the Company, with the heading 'Ampere Magnus G Max Gets Smarter With 30+ Connected ....12 Aug 2026 · Company Update / Press Release / Media Release
We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the schedule of Investors / Analysts meeting with the ....10 Aug 2026 · Company Update / Analyst / Investor Meet
Audio recording of the earnings call for the quarter ended 30th June, 2026.5 Aug 2026 · Company Update / Analyst / Investor Meet
Disclosure of Voting Results of the 107th Annual General Meeting of the Company along with the Scrutinizer''s report5 Aug 2026 · AGM/EGM / AGM
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose copies of the newspaper advertisements regarding the unaudited financial ....5 Aug 2026 · Company Update / Newspaper Publication
In furtherance to our intimation dated 28th July, 2026 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the ....4 Aug 2026 · Company Update / Investor Presentation
Summary of the Proceedings of the 107th Annual General Meeting of the Company4 Aug 2026 · AGM/EGM / AGM
Press Release for Q1 of FY 2027- Greaves Cotton Reports 31% in Consolidated Revenue for Q1 of FY 2027, Strengthens Global Presence and Reaffirms Commitment to Future-Ready Businesses4 Aug 2026 · Company Update / Press Release / Media Release
Please find enclosed Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 30th June, 2026 alongwith the Limited Review Report of the Statutory Auditors ....4 Aug 2026 · Result / Financial Results
Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby inform that the Board of Directors of Greaves Cotton Limited ('the ....4 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please find enclosed herewith Press Release issued by Greaves Electric Mobility Limited, subsidiary of the Company, with the heading 'Greaves Electric Mobility''s Rights Issue offer of ....3 Aug 2026 · Company Update / Press Release / Media Release
Please find attached herewith intimation in relation to allotment of equity shares by its material subsidiary, Greaves Electric Mobility Limited pursuant to rights issue2 Aug 2026 · Company Update / Acquisition
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201531 Jul 2026 · Company Update / General
Please find attached herewith Earnings call intimation28 Jul 2026 · Company Update / Analyst / Investor Meet
Please find enclosed herewith Press Release issued by Greaves Electric Mobility Limited, subsidiary of the Company, with the heading 'Ampere and Muthoot Capital forges partnership to accelerate ....28 Jul 2026 · Company Update / Press Release / Media Release

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	28 Jul 2026	28 Jul 2026	—
Final Dividend - Rs. - 2.0000	23 Jul 2025	23 Jul 2025	—
Final Dividend - Rs. - 2.0000	1 Aug 2024	—	—

Board meetings

29 Oct 2026 Board Meeting - Financial Results
4 Aug 2026 Board Meeting - Financial Results