Greaves Cotton share price, P/E, ROE & financials

As of 6 Nov 2026, Greaves Cotton trades at 61.0× trailing earnings, above the industry P/E of 33.8×, and the shares are 25% below their 52-week high. Sales and net profit grew 8.6% and 11% a year over 3 years; its ROCE of 7.2% is the second-lowest among the 7 largest Specialty Industrial Machinery peers. Debt is 0.37× equity, and its dividend yield is 1.0%. It is a small-cap company with a market cap of ₹4,760 Cr, ranked 35th of 138 Specialty Industrial Machinery companies by market cap; the shares fell 6.8% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹203.37
Day high: ₹208.00
Day low: ₹203.00
Prev. close: ₹205.91
Volume: 9.1 L

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−6.8% over a year, better than 1 of 7 peers.
Price tagPricier
P/E 61.0 vs industry 33.8.
GrowthSteady
Sales +8.6%, profit +11.1% a year over 3 years.
ProfitabilityWeak
ROCE 7.2% vs peer median 24.8%.
Balance sheetSolid
Debt 0.37× equity, interest covered 5.4×, Piotroski 6 of 9.
Red flags3 to check
Return on equity is low at −1.0%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹4,760 Cr, #35 of 138 in its industry by size.

Defensive

Beta 0.59 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹4,026 Cr · profit ₹79 Cr

Market cap: ₹4,760 Cr; Small cap
P/E: 61.0; Industry 33.8
Price to book: 3.61; Peers 9.16
Dividend yield: 0.98%
ROE: −1.0%; Peers 19.1%
ROCE: 7.2%; Peers 24.8%
Debt to equity: 0.37; Debt ₹569 Cr
EPS (TTM): ₹3.35; Face value ₹2
OPM (TTM): 5.7%; Net margin 2.0%
Sales growth: +44.2%; Latest quarter vs a year ago
Profit growth: −82.0%; Latest quarter vs a year ago
Price to sales: 1.18; EV/EBITDA 21.2

Strengths

Quarterly sales up 44.2% on a year ago.

Risks to check

Return on equity is low at −1.0%.
Quarterly profit down 82.0% on a year ago.
P/E of 61.0 against an industry P/E of 33.8.

Derived automatically from reported figures. Not a recommendation.

About Greaves Cotton

Greaves Cotton Limited operates engineering and mobility retail business in India, the Middle East, Africa, Southeast Asia, and internationally. It operates in four segments: Engines; Electric Mobility & Other Vehicles; Cables & Control Levers; and Others. The company engages in the provision of engines for farm equipment, gensets, and spares; manufacture and trade of electric vehicles and its spare parts; and manufacture of cables and control levers for…

Headquarters: Mumbai
Employees: 1,735
Sector: Industrials
ISIN: INE224A01026
Website: greavescotton.com

Price range

52 weeks

₹119.99₹271.90

Today

₹203.00₹208.00

Avg volume (3M): 19.8 L
1-year return: minus 6.8%
From 52-week high: minus 24.9%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
GREAVESCOTGreaves Cotton	204.32	minus 0.77%	4,760	61.0	18.7	7.2%	6.8%	0.37	8.6%	minus 6.8%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
745	875	1,000	974	1,176
689	824	932	918	1,124
56.9	51.3	68.2	56.3	51.8
7.6%	5.9%	6.8%	5.8%	4.4%
18	19.3	13.1	10.9	15.2
4.9	6.4	10	12	14.5
26.6	27.6	27.7	28.2	53.2
−0.5	−19.3	−16	–	−15.2
43	17.3	27.6	27.1	−15.9
51.5%	65.8%	92.0%	77.2%	−87.4%
33.1	25.5	22.5	25.8	4.8
1.42	1.09	0.96	1.10	0.20

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +8.6%
Profit CAGR 3Y: +11.1%
EPS CAGR 3Y: +10.8%
ROE: −1.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2,668	2,586	2,906	3,417
–	minus 3.1%	+12.4%	+17.6%
2,531	2,490	2,767	3,175
137	96.2	139	243
5.1%	3.7%	4.8%	7.1%
55.8	48.2	36	39.2
11.7	9.2	16.3	26.1
56.7	84.4	103	109
−11.6	−324	17.1	−32.2
113	−273	72.5	115
38.2%	−34.5%	108.7%	69.3%
78	−135	58.4	107
–	minus 273.4%	–	+83.5%
3.35	-5.83	2.50	4.56

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
46.3	46.4	46.5	46.6
1,540	1,394	1,359	1,384
28.3	80.8	81.2	394
1,110	943	1,065	1,069
2,724	2,464	2,552	2,894
291	445	442	488
40.3	67.4	38.2	37.1
41.9	253	15.2	37.1
1,216	557	546	623
1,136	1,142	1,509	1,709
2,724	2,464	2,552	2,894

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−135	−153	−22.5	32.6
−758	232	126	−99.5
889	−32	−116	123
−4.3	47.4	−12.8	55.9
−79	−159	−81.8	−95.7
−214	−312	−104	−63.1
−4.6	−20.9	−46.5	−46.6

Shareholding pattern

Source: NSE filings

55.8%

promoters

Promoters55.77%
Public44.23%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	55.77%	44.23%	0.00
30 Jun 2026	55.77%	44.23%	minus 0.01
31 Mar 2026	55.78%	44.22%	minus 0.02
31 Dec 2025	55.80%	44.20%	0.00
30 Sep 2025	55.80%	44.20%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you