Greaves Cotton Share Price

Greaves Cotton Limited was founded by James Greaves and George Cotton in the year 1859. They got into a joint venture with Crompton Parkinson of England and established Crompton Greaves in India in 1937. The company started manufacturing ceiling fans and other electrical appliances for Indian households. The company got into collaborations with Ruston & Hornsby Ltd., UK, in 1939 for manufacturing diesel engines and David Brown Gear Industries UK for setting up a power transmission unit in Pune. It pioneered the manufacturing of industrial and marine gearboxes in India.

The company, during the decades of 1980s and 1990s, got into manufacturing vibratory compactors and batching plants and crossed the 2 million mark in light diesel engines by 2009.

The market capitalisation of Greaves Cotton Limited stood at over ₹3,800 crore as of January 24, 2024. Greaves Cotton share price has gained 77% in the last three years.

Business operations

Today, Greaves Cotton Limited is an engineering conglomerate manufacturing solutions for fuel engines and heavy machinery. It is actively involved in producing engines for marine, agriculture, defence and other segments. It caters to the needs of both domestic and international markets. Greaves Cotton achieved several production milestones through collaborations with MNC technology groups. It has expanded its footprints across different international markets and ventured into new markets with all-round integration.

The company’s international business includes products such as engines, diesel gensets, farm mechanisation products, spare parts and construction equipment. The business growth in this sector is majorly in Africa. The company has emerged as a leader in Ethiopia, providing DG sets that power the banking sector.

In FY23, the company also secured new business deals in various countries, including Rwanda and South Africa. In the European market, growth was fueled by the acquisition of key businesses in Turkey and Croatia, resulting in a 50% increase in revenue in FY23.

The company operates six cutting-edge manufacturing facilities in Maharashtra and Tamil Nadu. It also has a nationwide presence including over 8,000 retail outlets, 20,000 mechanics, and 700 stores. Greaves Cotton’s manufacturing facility in Ranipet has an annual capacity of 500,000 e-scooters and is well-equipped to meet the increasing demand.

In 2023, the company relaunched the Ampere brand of electric vehicles with the introduction of 6 new variants. This could be achieved with the help of Rs 700 crore investment during the earlier years.

The company’s businesses are divided into the following segments: Greaves E-mobility, Greaves Finance, Greaves Retail, Greaves Technologies and Greaves Engineering.

Greaves Cotton is currently focusing on becoming active in the electrical and electronic sector, besides its role in metal-based manufacturing. The objective is to be a powerful name resolving the current day challenges around last-mile mobility.

It launched six electric two and three-wheelers, showing their efforts towards becoming a popular brand in the EV market. The company has also ventured into cloud services which is a rapidly growing industry. It is also venturing into the manufacturing of electric powertrains. For this, Greaves Cotton Limited has formed a partnership with ETA Green Power Ltd., a UK-based company specialising in advanced electric drive system design.

Greaves Cotton Financial Highlights

• Revenue: Greaves Cotton reported revenue of ₹3,486.61 crore in FY26 vs ₹2,973.10 crore in FY25. It showed an increase of 17.27% on a yearly basis.
• Operating Profit: Greaves Cotton reported an operating profit of ₹114.91 crore in FY26 vs ₹72.50 crore in FY25. It showed an increase of 58.50% on a year-on-year basis.
• Net Profit: Greaves Cotton reported a net profit of ₹35.29 crore in FY26 vs ₹6.28 crore in FY25. It showed an increase of 661.94% on a yearly basis.

Greaves Cotton Quarterly Result Highlights

• Greaves Cotton reported revenue of ₹1,013.36 crore in Mar 2026, compared with ₹883.89 crore in Dec 2025, representing an increase of 14.65% on a quarter-on-quarter (QoQ) basis.
• Greaves Cotton reported an operating profit of ₹27.63 crore in Mar 2026, compared with ₹17.31 crore in Dec 2025, representing an increase of 59.62% on a quarter-on-quarter (QoQ) basis.
• Greaves Cotton reported a profit of ₹2.20 crore in Mar 2026, compared with ₹5.92 crore in Dec 2025, reflecting a decrease of 62.84% on a QoQ basis.
• The earnings per share (EPS) of Greaves Cotton stood at ₹8.00 during Mar 2026.