NSE: GREAVESCOT | BSE: 501455

Expensive Performer

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192.90 -6.67 (-3.34%)

39.62% Fall from 52W High

2.6M NSE+BSE Volume

NSE 02 May, 2025 11:07 AM (IST)

4,490.4

Market Cap

Below industry Median

1.6

Beta 1Year

Very High Volatility

Rapid Results

Q4FY25 & FY25 Result Announced for Greaves Cotton Ltd. See details

Greaves Cotton Ltd. share price target and research reports

Name: Latest research reports of Greaves Cotton Ltd. authored by Arihant Capital and published by - Trendlyne research reports.
Item: Greaves Cotton Ltd.
Rating: 3
Author: Arihant Capital

Latest analyst research reports with target prices and PDF download for GREAVESCOT, BSE:501455 Greaves Cotton Ltd.

Greaves Cotton Ltd.

18 Aug 2020

192.90

-3.34%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

Arihant Capital

Greaves Cotton (GCL) reported weak set of numbers during Q1FY21, impacted due to Covid related disruption amid auto slowdown. Revenue for the quarter fell by 69% YoY/59% QoQ to Rs 1,471 mn, due to significant decline in sales volumes across the segment. Gross margin of the Company fell by 416 bps YoY/69bps QoQ to 27.8%, primarily, due to high material cost. Sharp decline in revenue and fall in gross margin leading to EBITDA loss during the quarter. Company has reported EBITDA loss of Rs 217 mn vs. EBITDA gain of Rs 613 mn YoY. Loss for the...

Greaves Cotton Ltd. has lost -27.32% in the last 3 Months

Greaves Cotton Ltd.

18 Aug 2020

192.90

-3.34%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

ICICI Securities Limited

BS-VI likely to impact auto volumes; slowdown in FY21E In Q1Y21, GCL's engine volume (3-W) fell 83% YoY to 11216 units while 4W volumes was nil. Volumes are likely to be impacted by strict BS-VI norms and auto slowdown amid Covid-19. Other engines segment de-grew 55% YoY to 5155 units. Overall engine volumes de-grew 79% YoY. On non-auto side, power genset volumes fell 75% YoY to 275 units. Overall agriculture (pumpset, power tiller, other) volumes declined 69% YoY to 6317 units. GCL may have to take a price hike of 35-45% for BS-VI compliant engines leading to significant volume reduction and margin stress as it is difficult to...

Number of FII/FPI investors increased from 75 to 98 in Mar 2025 qtr.

Greaves Cotton Ltd.

17 Aug 2020

192.90

-3.34%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

Sharekhan

Greaves revenue decline of 69% was higher than anticipated. Lower OEM volume offtake on account of COVID-19 impacted the volumes. Gross margins dropped 420 bps y-o-y as the company was unable to...

Greaves Cotton Ltd. has lost -27.32% in the last 3 Months

Greaves Cotton Ltd.

12 Jun 2020

192.90

-3.34%

EARNINGS UPDATE- GREAVES COTTON LTD 4QFY20

Sell: Greaves Cotton Ltd.

Recommendation Target

Chola Wealth Direct

Background Greaves Cotton (GCL) is one of the largest manufacturers (primarily) single cylinder (diesel, gasoline engines) and dual cylinder engines, which find application in running 3-W vehicles and 4-W small commercial vehicles (SCVs). The company offers products and solutions across business units- Engines, power, farm equipment, mobility and aftermarket. In FY19 Greaves Cotton augmented its Clean Technology...

Greaves Cotton Ltd. has gained 36.37% in the last 1 Year

Greaves Cotton Ltd.

10 Jun 2020

192.90

-3.34%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

Sharekhan

The Q4FY20 results of Greaves Cotton (Greaves) were lower than estimates across parameters. Earnings pressures are expected to sustain in near term as economic slowdown on account of COVID-19 would impact growth across segments. Moreover, negative operating leverage and pricing pressures from customers would impact margins. At CMP, the stock is trading at 14.4x FY22 earnings which is close to its long-term historical average of 16-17x....

Greaves Cotton Ltd. is trading below all available SMAs

Greaves Cotton Ltd.

09 Jun 2020

192.90

-3.34%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

ICICI Securities Limited

Auto volumes to be impacted by BS-VI, slowdown in FY21E In Q4Y20, GCL's engine volume (3-W) fell 49% YoY to 37516 units while 4W volumes fell 87% YoY to 529 units. They are likely to be impacted by strict BS-VI norms in FY21E and auto slowdown. Other engines segment de-grew 7% YoY to 8739 units. Overall engine volumes de-grew 46% YoY. On nonauto side, power genset volumes declined 35% YoY to 736 units. Overall agriculture (pumpset, power tiller, other) volumes declined 68% YoY to 11928 units. GCL may have to take a price hike of 35-50% for BS-VI compliant engines leading to significant volume reduction and margin stress as it is difficult to completely pass on the price increase amid economic...

Greaves Cotton Ltd. is trading below all available SMAs

Greaves Cotton Ltd.

08 Jun 2020

192.90

-3.34%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

Sharekhan

Greaves Cotton Ltd. is trading below all available SMAs

Greaves Cotton Ltd.

25 Feb 2020

192.90

-3.34%

EARNINGS UPDATE- GREAVES COTTON LTD 3QFY20

Neutral: Greaves Cotton Ltd.

Recommendation Target

Chola Wealth Direct

In 3QFY20, GCL's 3W engine volumes grew 11.7% YoY to 77,148 units while 4-W volumes declined 69% YoY to 1,428 units. These are likely to be impacted by strict BS-VI norms in FY21E. Others engines segment registered growth of 2.2% YoY to 8,649 units. Overall engine volume grew 6.2% YoY. On non-auto side, power genset segment volume declined marginally by 13% on YoY basis to 969 units. Overall agriculture (pumpset, power tiller,...

Greaves Cotton Ltd. is trading below all available SMAs

Greaves Cotton Ltd.

07 Feb 2020

192.90

-3.34%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

ICICI Securities Limited

Greaves Cotton's (GCL) revenues came in at | 494.7 crore, marginally down 2.3% YoY, (in line with our estimates of | 496.1 crore aided by new initiatives business. EBITDA grew 9.4% to | 77.2 crore YoY (above our estimate of | 61 crore). EBITDA margins improved and came in at 170 bps YoY to 15.6% (vs. our estimate of 12.3%) on the back of a reduction in other operating expenses and raw material expenses. Adjusted PAT was at | 50.5 crore, up...