NSE: GREAVESCOT | BSE: 501455

Expensive Performer

Download real time

194.95 1.14 (0.59%)

High vol. this week

NSE 05 May, 2025 9:07 AM (IST)

4,538.1

Market Cap

Below industry Median

1.6

Beta 1Year

Very High Volatility

Greaves Cotton Ltd. share price target and research reports

Name: Latest research reports of Greaves Cotton Ltd. authored by Choice India and published by - Trendlyne research reports.
Item: Greaves Cotton Ltd.
Rating: 5
Author: Choice India

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

Greaves Cotton Ltd.

07 Mar 2018

194.95

0.59%

We are positive on the company backed by launch of wide range of fuel products and growth in economy will boost the revenue .At CMP of Rs. 120.6 GCL is trading at a P/E multiple of 15.4x and 14.4x to its FY18E and FY19E earnings, respectively. On the basis of estimates. we arrive at...

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

Greaves Cotton Ltd.

13 Feb 2018

194.95

0.59%

Greaves Cotton

Hold: Greaves Cotton Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Greaves Cotton (GCL) reported mixed Q3FY18 numbers that were higher than out estimates on topline but lower on EBITDA margins front Revenues came in at | 447.3 crore, up 10.7% YoY (our estimate: | 430.6 crore). The engine segment revenues came in at | 428.3 crore while other segment revenues came in at | 18.9 crore In Q3FY18, volumes in the power gensets business rose from 840 units in Q3FY17 vs. 1096 units in Q3FY18. In auto segment, GCL...

Greaves Cotton Ltd. has lost -32.34% in the last 3 Months

Greaves Cotton Ltd.

13 Feb 2018

194.95

0.59%

GREAVES COTTON - 3QFY18

Buy: Greaves Cotton Ltd.

Target

Chola Wealth Direct

Sector: Auto-ancillary /Mid-Cap | Earnings Update 3QFY18 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.

08 Nov 2017

194.95

0.59%

Greaves Cotton

Accumulate: Greaves Cotton Ltd.

Kotak Securities

Greaves Cotton (GCL) reported weak numbers that missed our revenue and profit estimates. The company continues to face growth challenges in view of slowdown in 3W sales of its OEMs and delay in firming up new OEMs for engine supplies. Over the longer term, the company will have to contend with challenge from shift away from fossil fuels to electric engines. Our previous call on the stock was Reduce as we expected the earnings to continue to disappoint and hence believed that valuations need to correct. Since our previous update in Q1FY18, the stock has corrected sharply by 19%. While the growth outlook remains tepid (we...

Greaves Cotton Ltd. has lost -32.34% in the last 3 Months

Greaves Cotton Ltd.

08 Nov 2017

194.95

0.59%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

ICICI Securities Limited

Greaves Cotton reported Q2FY18 numbers, which were higher than out estimates on the topline and EBITDA margins front. Revenues came in at | 452.4 crore, up 3% YoY (our estimate: | 442.4 crore). The engine segment revenues came in at | 433.4 crore while other segment revenues came in at | 18.5 crore During Q2FY18, volumes in the power gensets business rose form 1000 units in Q2FY17 vs. 1100 units in Q2FY18. In the auto segment, the company reported mixed results as 4W LCVs grew 19% YoY to...

Greaves Cotton Ltd. has gained 36.62% in the last 1 Year

Greaves Cotton Ltd.

07 Nov 2017

194.95

0.59%

Greaves Cotton Ltd: Growth Crawling Back; Preparing for BS-V... (Nov 07, 2017)

Buy: Greaves Cotton Ltd.

Target

Karvy

Growth Crawling Back; Preparing for BS-VI World: Greaves has signed-up with major Original Equipment Manufacturer (OEM) customers for development of Bharat Stage (BS-VI) compliant engines which at themoment may come in force in next 29 months.

Greaves Cotton Ltd. is trading below all available SMAs

Greaves Cotton Ltd.

08 Aug 2017

194.95

0.59%

Greaves Cotton Ltd: Greaves Sails Through Three Major Change... (Aug 08, 2017)

Buy: Greaves Cotton Ltd.

Target

Karvy

Greaves Sails Through Three Major Changes: In the past 9 months, market went through three major changes; Demonetisation in November 2016 impacted volumes significantly and market creeped through gradually to switch by auto makers from BS-III to BS-IV emission norms beginning April 2017 which ushered in price hike in the range of 8.0%-10.0%; and with the introduction of GST, beginning July 2017 volumes were further depressed.

Greaves Cotton Ltd. average weekly volume is high.

Greaves Cotton Ltd.

08 Aug 2017

194.95

0.59%

Greaves Cotton

Hold: Greaves Cotton Ltd.

Target

ICICI Securities Limited

Greaves Cotton (GCL) reported Q1FY18 numbers, which were lower than out estimates on operational profitability front led by lower margins. Coupled with the above, lower than other income and one off exceptional gain also impacted profitability. However, price hike in auto engines segment helped the company to post a marginal 1.4% YoY growth in revenues despite volume decline across all product categories (excluding gensets) During Q1FY18, volumes in the power gensets business rose form...

Greaves Cotton Ltd. has lost -32.34% in the last 3 Months

Greaves Cotton Ltd.

01 Jul 2017

194.95

0.59%

Greaves Cotton Ltd.

Buy: Greaves Cotton Ltd.

Ashika Research

Incorporated in 1859, Greaves Cotton is one of the India's leading and well diversified engineering companies, which manufactures a wide range of industrial products to meet the requirement of core sectors in India and abroad. Company's core businesses are manufacturing of Diesel / Petrol Engines, Gensets and Pumpsets....

Greaves Cotton Ltd. has lost -32.34% in the last 3 Months

Greaves Cotton Ltd.

08 May 2017

194.95

0.59%

Greaves Cotton Ltd: Volume Pick-up and Easing Cost Pressures... (May 08, 2017)

Buy: Greaves Cotton Ltd.

Target

Karvy

Volume Pick-up and Easing Cost Pressures to Aid Growth: Greaves consolidated revenue (net) remained flat at 1.1% at Rs.16,344mnnevertheless consolidated EBITDA dropped by 9.0% to Rs.2,434mn whichare however higher by 2.4% and 1.6% respectively than our full year FY17 estimates. In terms of volumes, for FY17 for 3 Wheelers engines reached to 270k, 4 Wheelers-30k, Power Gen-32k, Power Tillers-3.8k and Pumps-90k. Despitevolume growth in other segments, drop in auto volumes was majorly due to demonetisation during the peak season and switch from BS3 to BS4 standards which came in with higher realisation aided flat revenues for FY17.

Greaves Cotton Ltd. has lost -32.34% in the last 3 Months

Is Greaves Cotton Ltd. worth buying?

440 Votes:

Buy 77.95%

Sell 12.27%

Hold 9.77%