| Revenue growth | 31% YoY consolidated growth. |
|---|---|
| Margins | Pressure from commodity costs; Core EBITDA margin at 12.6%. |
| Order book | New OEM orders from CAT (UK) and TAFE. |
| Demand visibility | Strong domestic demand across all customer segments. |
| Management confidence | High, citing strong domestic demand and EV momentum. |
Growth
Consolidated revenue grew 31%; Core businesses up 16% YoY; GEML (EV) revenue surged 97% YoY.
Outlook
Focus on Greaves.Next strategy, international expansion (13% revenue share), and scaling the EV ecosystem.
Risks
EBITDA margins declined to 5.8% from 7.6% due to higher commodity costs and capability investments.
Last quarter's promises, checked
Delivered
- Midterm core growth 16-18% → delivered 16% (= BEAT)
- Acquisition of 100% Excel by Q2 → delivered 100% (= BEAT)
- Consolidated revenue growth → delivered 31% YoY (= BEAT)
Partly delivered
- International revenue share expansion → delivered 13% share (= PARTIAL)
Missed
- Core EBITDA margin 13-15% → delivered 12.6% (= MISS)
Investor Presentation filed with BSE, NSE: GREAVESCOT. Summary written with AI assistance from the document.
Greaves Cotton Ltd: key numbers
- Share price
- ₹212.00
- Market cap
- ₹4,939 Cr
- Revenue (annual)
- ₹3,437 Cr
- Net profit (annual)
- ₹107.1 Cr
- P/E (TTM)
- 49.5×Sector 31.7×
- Promoter holding
- 55.77%-0.01% QoQ
- FII holding
- 1.35%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Greaves Cotton Ltd
All →Greaves Cotton Business Update
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Greaves Cotton Credit Rating
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- Value
- ₹385.0 Cr