NSE: GREAVESCOT | BSE: 501455

Mid-range Performer

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201.33 -1.59 (-0.78%)

36.99% Fall from 52W High

737.4K NSE+BSE Volume

NSE 11 Jul, 2025 3:31 PM (IST)

4,686.8

Market Cap

Above industry Median

1.9

Beta 1Year

Very High Volatility

Dividend

Greaves Cotton Ltd. has an upcoming dividend of ₹2.00 per share due on 23 Jul 2025 See details

Greaves Cotton Ltd. share price target and research reports

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

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

Greaves Cotton Ltd.

16 Apr 2019

201.33

-0.78%

to remain under pressure; shift in favor of alternate fuel run engines and a likely steep increase due to BS6 emission norms to impact volumes: Greaves cotton Limited (GCL) derives around 40% of its revenues from the 3wheeler diesel engines segment. The diesel engine segment demand has been under pressure in the recent past given the Government thrust...

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

Greaves Cotton Ltd.

05 Feb 2019

201.33

-0.78%

Greaves Cotton

Buy: Greaves Cotton Ltd.

Target

ICICI Securities Limited

In Q3Y19, GCL's engine volume (3-W, 4W) grew 3.0% YoY to 81622 units. The 3-W (passenger & goods) volumes grew 3.8% YoY to 69097 units. On the non-auto side, power genset segment volumes grew 38.3% YoY to 1516 units. PK pumpset volume grew 5.2% to 17356 units YoY, diesel pumpset volumes declined 36.6% to 2213 units while electric pumps volume were at 9000 unit for Q3FY19. Agri power tiller volumes doubled to 655 units YoY. We build in 3-W volumes of ~294568 and ~316974 units in FY19E and FY20E, respectively. In Q3FY19, engine business...

Greaves Cotton Ltd. is trading below all available SMAs

Greaves Cotton Ltd.

03 Nov 2018

201.33

-0.78%

Greaves Cotton Ltd: Greaves Q2 in Line with Estimates

Buy: Greaves Cotton Ltd.

Target

Karvy

Greaves Q2 in Line with Estimates: Greaves revenue grew by 9.4% to Rs. 4.95 bn which is the highest ever in a quarter and PAT grew by 9% to Rs. 0.49 bn in-line with our estimates.

Greaves Cotton Ltd. is trading below all available SMAs

Greaves Cotton Ltd.

02 Nov 2018

201.33

-0.78%

Greaves Cotton

Buy: Greaves Cotton Ltd.

Target

ICICI Securities Limited

During Q2FY19, EBITDA came in at | 73.3 crore, up 8.0% YoY (in line with our estimates: | 72.7 crore). EBITDA margins came in at 14.8%, which declined marginally by 20 bps YoY, better than our estimate of 14.2%. The key reason for the variance was the more-than-expected increase in other operating expenses The company reported a PAT of | 49.4 crore, which remained flat on a YoY basis, in line with our estimate of | 49.3 crore. Effective tax rate increased 70 bps to 31.5% for the quarter...

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

Greaves Cotton Ltd.

03 Sep 2018

201.33

-0.78%

GREAVES COTTON EVENT UPDATE

Buy: Greaves Cotton Ltd.

Target

Chola Wealth Direct

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

Greaves Cotton Ltd.

31 Aug 2018

201.33

-0.78%

Greaves Cotton

Buy: Greaves Cotton Ltd.

Recommendation Target

ICICI Securities Limited

Greaves Cotton (GCL) has acquired a majority stake in Coimbatore based electric vehicle company Ampere Vehicles Pvt Ltd. GCL is acquiring a 67% stake in the first phase, to be completed by December 31, 2018, at | 77 crore. Out of this, | 25 crore will be equity infusion while | 52 crore is towards acquiring a non-promoter stake and preference shares in the first phase. Subsequently, it has the option to acquire another 13% over three years for | 75.5 crore linked to revenue and operating performance in future. The acquisitions come at about 1.6x EV to sales on FY19E sales....

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

Greaves Cotton Ltd.

20 Aug 2018

201.33

-0.78%

EARNINGS UPDATE-GREAVES COTTON-1QFY19

Buy: Greaves Cotton Ltd.

Target

Chola Wealth Direct

Sector: Auto-ancillary /Mid-Cap | Earnings Update 1QFY19 Background: Greaves Cotton (GCL) is one of the largest manufacturers (primarily) single cylinder (diesel, gasoline engines) and dual cyli nder engines, which find application in running 3-W vehicles and 4-W small commercial vehicles (SCVs). Over the years, GCL has been able to command an overall 3W auto segment share at about 35% in FY08-14, second only to Bajaj Auto (that has in-house engine manufacturing). In the 3W goods segment (sub 1-tonne category), GCL commands a dominating position of 80-90% share as the market leader OEM i.e. Piaggio (single largest client of GCL) sells the highest 3W goods carrier in the domestic market. Auto segment comprises 55-60% of overall revenues. GCL has more than 3,500 dealer network....

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

Greaves Cotton Ltd.

16 Aug 2018

201.33

-0.78%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Greaves Cotton's (GCL) reported revenues came in at | 458.2 crore, up 12.8% YoY nearly in line with our estimates of | 461.4 crore. The engine segment revenues came in at | 433.4 crore, down 1.3% while other segment revenues were at | 24.8 crore, up 66.3% During Q1FY19, EBITDA came in at | 60.9 crore, up 10.1% YoY (vs. our estimate: | 66.6 crore). EBITDA margins came in at 13.3%, down marginally by 30 bps YoY. Hence, it was below our estimate of...

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

Greaves Cotton Ltd.

07 May 2018

201.33

-0.78%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Greaves Cotton (GCL) reported strong Q4FY18 numbers higher than our estimates on the topline and EBITDA margin front. The company reported revenues of | 486.2 crore, up 24.4% YoY (higher than our estimate of | 422.7 crore). The engine segment revenue came in at | 465 crore while other segments revenue was at | 20.8 crore During Q4FY18, EBITDA was at | 69.9 crore with higher-thanexpected EBIDTA margin of 14.4% (our estimate of 13.3%), which...

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

Greaves Cotton Ltd.

07 May 2018

201.33

-0.78%

Greaves Cotton Ltd: Management Unveils New Strategy - Greave...

Buy: Greaves Cotton Ltd.

Target

Karvy

We attended the analyst meet of Greaves Cotton on May 4, 2018 post their Q4FY18 earnings release. Management unveiled Greaves 2.0 strategy, a 5 year plan to de-risk engine business by becoming fuel agnostic and reduce the share of engine business to 40% in overall revenue by growing aftermarket and other segments.

Greaves Cotton Ltd. is trading below all available SMAs

Is Greaves Cotton Ltd. worth buying?

444 Votes:

Buy 77.93%

Sell 12.39%

Hold 9.68%