Greaves Cotton Ltd.
Snapshot View

168.85 +4.35 ▲2.6%

23 July 2021, 04:00:00 P.M.
Volume: 244,120

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Diesel Engines Compare with Industry peers
Website http://www.greavescotton.com
Financial Indicators
Market Cap 3,903.93 Cr.
Earnings per share (EPS) -0.81 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 40.67 Trailing Twelve Months Ending 2021-03
Book Value / Share 33.76 Trailing Twelve Months Ending 2021-03
Price to Book Value 5.00 Calculated using Price: 168.85
Dividend Yield 0.12 Period Ending 2021-03
No. of Shares Subscribed 23.12 Cr. 231,206,795 Shares
FaceValue 2
Company Profile

Greaves Cotton Limited commonly known as Greaves is one of the leading and diversified engineering companies in India with a rich legacy and brand trust of many years impacting a million lives every day. Greaves is a market leader in fuel-agnostic powertrain solutions and manufactures Cleantech powertrains for CNG, Petrol, and Diesel segments.

The company operates in multiple segments namely Automotive, Non-Automotive, Aftermarket, Greaves Retail, Electric Mobility (Ampere Electric for electric scooters and other electric industrial products and e-rickshaw) & Greaves Finance.

Over the years, the company has actively participated in nation-building and continues to support the 'Make-In-India' initiative of the Government through its several state-of-the-art manufacturing facilities in the country creating world-class products and solutions. The company has a vast nationwide network with hundreds of Greaves big retail centres & thousands of smaller spare parts retail outlets across the country.

Business area of the company

The company is engaged in manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment etc. The Company has manufacturing facilities in the states of Maharashtra and Tamil Nadu. The products are mainly sold in India with some export to Middle East, Africa & South East Asia Region. The Company has two direct and one indirect subsidiary.

Business segments

Automotive

  • Engines
  • Aftermarket

Non-Automotive

  • Power Solutions
  • Agri Solutions
  • Industrial Engines

E-mobility

  • Electric 2 Wheeler - Ampere
  • Electric 3 Wheeler - Ele

Retail

Finance

Milestones

  • 1859: James Greaves and George Cotton founded the company.
  • 1937: Greaves Cotton entered into a joint Venture with Crompton Parkinson of England to introduce ceiling fans and range of other electrical products in India.
  • 1939: Joint Venture with Ruston & Hornsby ltd., U.K. and started manufacturing diesel engines in India.
  • 1947: Pioneering industrialist Lala Karamchand Thapar bought Greaves and it became an Indian Company.
  • 1962: Greaves Power Transmission unit set up in Pune in collaboration with David Brown Gear Industries, U.K., and pioneered the manufacturing of Industrial and marine Gear boxes in India.
  • 1986: Greaves Joint Venture wwith Morganite Crucible Ltd., U.K. to manufacture Silicon Carbide Crucibles. Technical collaboration with BOMAG GmbH, Germany, to manufacture Vibratory Compactors.
  • 1996: Launched Transit Mixer and batching plants.
  • 2001: Introduced concreting equipment in technical collaboration with CIFA of Italy.
  • 2005: Eco friendly light diesel engine complying with Bharat stage II (Euro II) emission norms launched.
  • 2007: Greaves second Transit mixer manufacturing facility opened near Chennai. Greaves acquires Bukh-Farymann GmbH Diesel, Germany Greaves sets up light engines unit IV at Aurangabad.
  • 2009: Greaves crosses two million mark in light diesel engines.
  • 2012: Greaves crosses three million mark in light diesel engines.
  • 2017: Greaves Cotton Limited reaches over 5 million customers with made in India engines.
  • 2018: Greaves opens 100th Greaves Care Centre for Conventional/ Alternate Fuel and Electric Vehicles. Greaves Cotton signs up with Piaggio Vehicles to develop a new generation of powertrain applications.
  • 2019: Mahindra partners with greaves cotton to source BS-VI ready powertrain Solutions.
  • 2019. Greaves Cotton launches BS-VI compliant, world’s cleanest single - cylinder Diesel engine.
  • 2020: Ampere launches magnus Pro Electric Scooter.
  • 2020: Greaves Genius, a series of Smart Gensets launched.
  • 2020: Greaves launches OHV petrol pumpset.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.64%
1 Week
-0.38%
1 Month
+0.63%
3 Month
+32.80%
6 Month
+81.85%
1 Year
+96.57%
2 Year
+21.43%
5 Year
+17.18%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 21.83 15.98 10.23 23.49 19.89 21.39 16.82 14.40 -2.38
Return on Capital Employed (%) 30.22 23.06 13.86 34.44 27.47 31.32 25.08 19.46 -0.86
Return on Assets (%) 12.01 9.14 6.35 17.45 14.89 15.58 11.62 9.45 -1.50

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 733 820 823 891 925 965 969 799 783
Non Curr. Liab. 52 357 27 27 19 28 46 40 22
Curr. Liab. 406 333 274 259 305 354 426 400 463
Minority Int. 14
Equity & Liab. 1,191 1,509 1,124 1,177 1,250 1,346 1,454 1,239 1,267
Non Curr. Assets 425 711 368 595 618 639 698 525 544
Curr. Assets 767 799 757 582 631 708 756 714 723
Misc. Exp. not W/O
Total Assets 1,191 1,509 1,124 1,177 1,250 1,346 1,454 1,239 1,267

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 1,906 1,736 1,698 1,616 1,634 1,792 2,015 1,911 1,500
Other Income 16 29 25 49 56 48 50 71 8
Total Income 1,922 1,765 1,723 1,665 1,690 1,840 2,066 1,982 1,509
Total Expenditure -1,666 -1,548 -1,499 -1,351 -1,400 -1,540 -1,752 -1,752 -1,421
PBIDT 256 217 224 313 290 301 314 230 88
Interest -2 -5 -2 -1 -1 -1 -4 -5 -7
Depreciation -41 -45 -48 -46 -47 -52 -52 -61 -60
Taxation -63 -52 -27 -93 -68 -93 -77 -42 -5
Exceptional Items -3 8 -63 27 6 47 -18 5 -34
PAT 148 123 84 201 181 202 163 127 -19

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 108 155 225 230 114 280 145 102 147
Cash Fr. Inv. -59 -108 -179 -70 36 -97 35 255 -108
Cash Fr. Finan. -78 -55 -60 -166 -148 -162 -174 -241 -20
Net Change -29 -8 -14 -6 2 20 7 116 19
Cash & Cash Eqvt 42 34 14 8 10 30 40 156 175

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 51.90 51.90 54.81 54.82 54.82 54.82 55.63 55.63 55.63
Public 48.10 48.10 45.19 45.18 45.18 45.18 44.37 44.37 44.37
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith Public Notice published on Tuesday 20th July 2021 in the editions of the newspapers viz. Business Standard (in English language) and Navshakti (in Marathi language).

Copies of the advertisement are also available on the website of the Company at www.greavescotton.com.

This is for your information and records.
Mon, 19 Jul 2021
Notice Of 102Nd Annual General Meeting
We wish to inform you that pursuant to Regulation 30 and Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations") please find enclosed the Annual Report of Greaves Cotton Limited ("Company") for the FY 2020-21 along with the Notice of 102nd Annual General Meeting ("AGM") scheduled to be held on Wednesday 11th August 2021 at 4:00 p.m. IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility.
Mon, 19 Jul 2021
Reg. 34 (1) Annual Report
We wish to inform you that pursuant to Regulation 30 and Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations") please find enclosed the Annual Report of Greaves Cotton Limited ("Company") for the FY 2020-21 along with the Notice of 102nd Annual General Meeting ("AGM") scheduled to be held on Wednesday 11th August 2021 at 4:00 p.m. IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index

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