Greaves Cotton financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹1,176cr+44.2% on Q2 FY26
Net profit
−₹29.8cr₹6.3 cr in Q2 FY26
EBITDA margin
6.2%−0.1 pts on Q2 FY26
EPS
₹0.20−82.1% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue1,176815+44.2%
EBITDA73.451.9+41.4%
EBITDA margin6.2%6.4%−0.1 pts
Profit before tax−15.927.0—
Net profit−29.86.3—
EPS₹0.20₹1.12−82.1%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹1,176 crNet profit₹−29.8 crNet margin−2.5%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
4,351————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
146251255305200
17183.3180234381
32632653.349.33.4
4,702————
4,0263,4372,9182,6332,699
—+17.8%+10.8%−2.5%—
26023913691.5133
6.5%7.0%4.7%3.5%4.9%
12313032.37.176.7
−15.535.3−6.3−36769.8
−0.4%1.0%−0.2%−14.0%2.6%
₹3.38₹4.60₹2.51−₹5.81₹3.35
—+83.5%+143.2%−273.4%—
—32.6−22.5−153−135
—−95.7−81.8−159−235
−63.1−63.1−104−312−370
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

GREAVESCOT₹186.80

Greaves Cotton Ltd.

· Capital Goods & Defence
₹ CrorePeersKIRLOSENGOLAELECGRWRHITECHGMMPFAUDLRFINPIPEEPLINOXINDIAELECTCASTMcap ₹4,351 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————4,350.6
- Cash, Equiv & ST Investments200.2304.5255.5251.3145.5
+ Minority Interest381.0233.9179.783.3170.5
+ Total Debt3.449.353.3326.1326.1
Enterprise Value————4,701.6
Revenue2,699.52,633.22,918.43,436.64,025.8
Growth %, YoY—-2.5+10.8+17.8—
EBITDA133.491.5135.7239.1260.0
Margin %4.943.474.656.966.46
EBIT76.77.132.3130.3123.3
Net Income69.8-367.3-6.335.3-15.5
Margin %2.58-13.95-0.221.03-0.39
EPS, Adj (current shares)3.35-5.812.514.603.38
Growth %, YoY—-273.4+143.2+83.5—
Cash from Operations-135.2-153.0-22.532.6—
Capital Expenditures-235.1-158.9-81.8-95.7—
Free Cash Flow-370.2-311.9-104.4-63.1-63.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Greaves Cotton financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Greaves Cotton (NSE: GREAVESCOT) had a market capitalisation of ₹4,352 crore at the previous close (₹186.80 a share), a PE ratio of 55.3 on the last four quarters' profit and a price-to-book ratio of 3.19. In FY26 its consolidated net profit attributable to shareholders was ₹107 crore on revenue of ₹3,437 crore; in Q2 FY27 (July–September 2026) it was ₹4.8 crore, down 81.5% year on year. Its debt-to-equity ratio was 0.33 on 30 September 2026. Promoters held 55.77% of the shares on 30 September 2026.

Greaves Cotton Q2 FY27 results
filed 29 October 2026
Share price used
₹186.80 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Greaves Cotton at a glance · consolidated

Market cap
₹4,352 Crat ₹186.80 · previous close
PE ratio (last 4 quarters)
55.340.6 on FY26 profit
Price to book (PB)
3.19book value ₹58.62 a share
ROE (FY26)
7.6%+3.5 pts vs FY25ROCE 7.1%
Debt to equity
0.33net debt ₹5.8 Cr
Promoter holding
55.77%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.07%₹2 a share in 12 months
Net worth
₹1,366 Cr−0.7% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹63.1 Cr

Questions

What is the Greaves Cotton PE ratio today?

Greaves Cotton's PE ratio is 55.3 at the previous close (₹186.80 a share): a market capitalisation of ₹4,352 crore divided by consolidated net profit attributable to shareholders of ₹78.6 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹107 crore) it is 40.6. These four quarters include net exceptional items of −₹68 crore (one-off charges reported separately), so the ratio on recurring profit would differ.

What is the Greaves Cotton PB ratio (price to book value)?

Greaves Cotton's price-to-book (PB) ratio is 3.19 at the previous close: a market capitalisation of ₹4,352 crore divided by shareholders' equity (book value) of ₹1,366 crore on 30 September 2026. That is a book value of ₹58.62 per share against a share price of ₹186.80.

What is the Greaves Cotton ROE and ROCE?

In FY26, Greaves Cotton's return on equity (ROE) was 7.6% and its return on capital employed (ROCE) was 7.1%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 4.1% and ROCE 1.9%.

What is the Greaves Cotton market cap?

Greaves Cotton's market capitalisation was ₹4,352 crore at the previous close: 23.3 crore shares at ₹186.80 each.

What is the Greaves Cotton EPS?

Greaves Cotton's basic earnings per share (EPS) were ₹4.60 in FY26, against ₹2.51 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹3.38.

What is the Greaves Cotton dividend in 2026 and its record date?

In 2026, Greaves Cotton has declared one dividend: ₹2 with record date 28 July 2026.

Is Greaves Cotton debt free?

No. Greaves Cotton had borrowings of ₹513 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.33. Its cash and current investments were ₹507 crore, so its net debt was ₹5.8 crore.

What is the Greaves Cotton dividend yield?

Greaves Cotton's dividend yield is 1.07% at the previous close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹186.80. They were ₹2 on 28 July 2026.

What is the Greaves Cotton promoter holding?

Promoters held 55.77% of Greaves Cotton on 30 September 2026, unchanged from the previous quarter and down 0.03 percentage points from 55.80% a year earlier, according to the shareholding pattern filed with NSE.

What is the Greaves Cotton debt to equity ratio?

Greaves Cotton's debt-to-equity ratio was 0.33 on 30 September 2026: borrowings of ₹513 crore against total equity of ₹1,536 crore. A year earlier, on 30 September 2025, it was 0.09.

What is the Greaves Cotton net worth?

Greaves Cotton's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,366 crore on 30 September 2026, down 0.7% from ₹1,376 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,352 crore at the previous close.

What is the Greaves Cotton free cash flow?

In FY26, Greaves Cotton generated ₹32.6 crore of cash from operations and spent ₹95.7 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹63.1 crore. In FY25 it was −₹104 crore.

What is the Greaves Cotton book value per share?

Greaves Cotton's book value per share was ₹58.62 on 30 September 2026: shareholders' equity of ₹1,366 crore divided by the 23.3 crore shares in issue, down 0.8% from ₹59.08 a year earlier. The share price at the previous close was ₹186.80.

What are the Greaves Cotton latest quarterly results?

Greaves Cotton's latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit attributable to shareholders ₹4.8 crore, down 81.5% from ₹26 crore in Q2 FY26; revenue from operations ₹1,176 crore, up 44.2% year on year.

What is the Greaves Cotton revenue and profit in FY26?

In FY26 (April 2025–March 2026), Greaves Cotton's consolidated net profit attributable to shareholders was ₹107 crore, up 83.5% from ₹58.4 crore in FY25, on revenue from operations of ₹3,437 crore (up 17.8%). Over three years, from FY23, net profit was up 37.3%.

What is the Greaves Cotton shareholding pattern?

On 30 September 2026, Greaves Cotton's shares were held by promoters 55.77%, foreign portfolio investors (FII/FPI) 1.91%, domestic institutions (DII) 4.66% (including mutual funds at 0.32%) and retail and other non-institutional investors 37.66%. Over the year, FII holding was down 0.73 percentage points from 2.64% and DII holding was up 0.85 percentage points from 3.81%.

How does Greaves Cotton compare with its peers?

On FY26 consolidated figures, against Kirloskar Oil Eng, Ola Electric Mobility and Garware Hi-Tech Films: Greaves Cotton's operating margin of 3.8% is the third highest of the four (Kirloskar Oil Eng 16.1%, Ola Electric Mobility −74.4%, Garware Hi-Tech Films 18.4%; peer average −13.3%); its return on equity of 7.6% is the third highest of the four (Kirloskar Oil Eng 17.1%, Ola Electric Mobility −43.2%, Garware Hi-Tech Films 13.5%; peer average −4.2%).

Greaves Cotton vs Kirloskar Oil Eng: how do they compare?

In FY26, Greaves Cotton earned net profit attributable to shareholders of ₹107 crore on revenue of ₹3,437 crore, against ₹562 crore on ₹7,701 crore for Kirloskar Oil Eng. Greaves Cotton's operating margin was 3.8% (Kirloskar Oil Eng 16.1%) and its return on equity 7.6% (Kirloskar Oil Eng 17.1%).

When are the Greaves Cotton next results?

Greaves Cotton has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

Where do these Greaves Cotton figures come from?

From Greaves Cotton's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.