Greaves Cotton (GCL) is a leading diversified engineering company with a presence in automotive, non-automotive, aftermarket, retail, electric mobility solution and finance. New business share increased to ~49% while engine reduced to ~48% in FY17-22. E-mobility is expected to drive future growth (~38% of FY22 revenue)
Auto parts & equipment company Greaves Cotton announced Q1FY24 results:
Commenting on the company's Q1FY24 performance, Nagesh Basavanhalli, Non-Executive Vice-Chairman of Greaves Cotton, said, "We have taken significant steps in progressing towards becoming a full-stack ecosystem player focused on democratising sustainable mobility. Our growth stems from our dedicated team and strategic investments in clean technology, product innovation, and design. The acquisition with Excel Controlinkage has led to growth and enhanced capabilities, and our recent majority stake acquisition in MLR presents a valuable opportunity to strengthen our position in the 3-wheeler market. This also aligns with our strategy of focusing on sustainable margin improvement."
Equity Capital: 1,586.54 Cr FV: 2.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 16,852.71 | -20,671.82 |
LAST 3M | 52,922.55 | -3,405.64 |
LAST 6M | 58,662.39 | 139,660.95 |
LAST 12M | 135,235.34 | 165,245.59 |
Date | Action Type | Ratio |
---|---|---|
Aug 03, 2023 | Dividend | 45 |
Aug 03, 2022 | Dividend | 10 |
Aug 03, 2021 | Dividend | 10 |
Greaves Cotton Ltd is in the Capital Goods – Non-Electrical Equipment sector is having a market capitalization worth Rs. 3,002.22 crores, it is incorporated in the year 1922. It has reported consolidated sales of Rs. 228.97 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 501455, and also listed on the National Stock Exchange (NSE) with the code GREAVESCOT.
Greaves Cotton is involved in the manufacturing and marketing of Cleantech Powertrain solutions (CNG, Petrol, and Diesel Engines), generator sets, farm equipment, aftermarket spares, and services. Greaves has established a network of more than 500 retail outlets and more than 6300 smaller spare part retail outlets. Greaves, along with its subsidiaries, has a total of six manufacturing units in the country. In addition, Greaves ensures quality aftermarket services with the help of 12,000 mechanics spread in various parts of the country. Greaves has a base of 1,101 permanent employees on its payroll. The promoters of the company own 55.63% of the stake, Foreign Institutional Investors (FII) own 4.54% stake in the company, Domestic Institutional Investors (DII) own 11.73% stake in the company, and others (such as public & retail investors) hold the balance of 28.1%.
In June 2021, quarterly net revenue was Rs. 214.41 crores, which has increased by approximately 45.76 % from Rs. 147.1 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 6.47 crores, which has improved and increased by nearly 73.26% from a net loss of Rs. 24.2 crores in June 2020. In June 2021, the reported operating profit was at Rs. 188.54 crores, which is increased by 55.46% as compared to an operating profit of Rs. 121.28 crores for the quarter ending in June 2020. From a negative EPS of Rs. 1.05 in June 2020, the EPS of Greaves Cotton Ltd has improved and reached a negative EPS of Rs. 0.28 per share in June 2021. GREAVESCOT's stock closed at Rs. 131.30 on 26th August’2021 (NSE). Greaves Cotton Ltd has returned 5.25% negatively in the last six months and returned 46.72% positively in the previous year.
Unit No 701 7th Floor Tower-3, Equinox Business Park Kurla We, Mumbai, Maharashtra, 400070
Tel | : | 91-22-62211700 |
: | investorservices:greavescotton.com | |
Website | : | http://www.greavescotton.com |
Sharepro Services India P Ltd
AGM Date (Month) | : | Aug |
Face Value Equity Shares | : | 2 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 501455 |
NSE Code | : | GREAVESCOT |
Book Closure Date (Month) | : | |
BSE Group | : | A |
ISIN | : | INE224A01026 |
You can buy Greaves Cotton Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Greaves Cotton Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Oct 04, 2023 09:34 AM the closing price of Greaves Cotton Ltd was ₹ 136.75.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 04, 2023 09:34 AM, the market cap of Greaves Cotton Ltd stood at ₹ 3,172.60.
The latest PE ratio of Greaves Cotton Ltd as of Oct 04, 2023 09:34 AM is 50.05
The latest PB ratio of Greaves Cotton Ltd as of Oct 04, 2023 09:34 AM is 0.50
The 52-week high of Greaves Cotton Ltd is ₹ 165.00 while the 52-week low is ₹ 118.15
According to analyst recommendations, Greaves Cotton Ltd has a “Buy” rating for the long term.