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5014

Greaves CottonBSE:501455 Stock Report

Market Cap

₹32.2b

7D

1.9%

1Y

91.9%

Updated

18 Oct, 2021

Data

Company Financials
501455 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

501455 Overview

Greaves Cotton Limited manufactures and sells engines and engine application products in India.

Greaves Cotton Competitors

Kirloskar Oil Engines

BSE:533293

₹31.6b

Mahindra & Mahindra

NSEI:M&M

₹1.0t

Eicher Motors

BSE:505200

₹772.2b

Ashok Leyland

NSEI:ASHOKLEY

₹424.8b

Price History & Performance

Summary of all time highs, changes and price drops for Greaves Cotton
Historical stock prices
Current Share Price₹139.30
52 Week High₹66.00
52 Week Low₹184.25
Beta1.15
1 Month Change-1.42%
3 Month Change-13.80%
1 Year Change91.87%
3 Year Change13.99%
5 Year Change4.31%
Change since IPO2,686.02%

Recent News & Updates

Shareholder Returns

501455IN MachineryIN Market
7D1.9%3.6%2.3%
1Y91.9%92.7%68.3%

Return vs Industry: 501455 matched the Indian Machinery industry which returned 92.7% over the past year.

Return vs Market: 501455 exceeded the Indian Market which returned 68.3% over the past year.

Price Volatility

Is 501455's price volatile compared to industry and market?
501455 volatility
501455 Beta1.15
Industry Beta0.78
Market Beta1

Stable Share Price: 501455 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 501455's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18591,101Nagesh Basavanhallihttps://www.greavescotton.com

Greaves Cotton Limited manufactures and sells engines and engine application products in India. The company offers lightweight diesel/gasoline engines for automotive engine applications, such as 3-wheelers and small 4-wheeled commercial vehicles; non-automotive small engines for agriculture, construction, marine, genset, and other industries; and industrial and firefighting engines. It also provides generator sets; petrol kerosene, diesel, electric, OHV pumpsets; power tillers; light agri equipment; and drip and sprinklers irrigation systems.

Greaves Cotton Fundamentals Summary

How do Greaves Cotton's earnings and revenue compare to its market cap?
501455 fundamental statistics
Market Cap₹32.21b
Earnings (TTM)-₹104.00m
Revenue (TTM)₹15.73b

2.0x

P/S Ratio

-309.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
501455 income statement (TTM)
Revenue₹15.73b
Cost of Revenue₹11.37b
Gross Profit₹4.36b
Expenses₹4.47b
Earnings-₹104.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 14, 2021

Earnings per share (EPS)-0.45
Gross Margin27.73%
Net Profit Margin-0.66%
Debt/Equity Ratio2.6%

How did 501455 perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

-44%

Payout Ratio

Valuation

Is Greaves Cotton undervalued compared to its fair value and its price relative to the market?

4.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 501455 (₹139.3) is trading above our estimate of fair value (₹69.3)

Significantly Below Fair Value: 501455 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 501455 is unprofitable, so we can't compare its PE Ratio to the Indian Machinery industry average.

PE vs Market: 501455 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 501455's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 501455 is overvalued based on its PB Ratio (4.1x) compared to the IN Machinery industry average (1.9x).


Future Growth

How is Greaves Cotton forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Greaves Cotton has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Greaves Cotton performed over the past 5 years?

-56.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 501455 is currently unprofitable.

Growing Profit Margin: 501455 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 501455 is unprofitable, and losses have increased over the past 5 years at a rate of 56.7% per year.

Accelerating Growth: Unable to compare 501455's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 501455 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (74.7%).


Return on Equity

High ROE: 501455 has a negative Return on Equity (-1.33%), as it is currently unprofitable.


Financial Health

How is Greaves Cotton's financial position?


Financial Position Analysis

Short Term Liabilities: 501455's short term assets (₹7.2B) exceed its short term liabilities (₹4.6B).

Long Term Liabilities: 501455's short term assets (₹7.2B) exceed its long term liabilities (₹449.6M).


Debt to Equity History and Analysis

Debt Level: 501455's debt to equity ratio (2.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 501455's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 501455's debt is well covered by operating cash flow (724.9%).

Interest Coverage: 501455 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Greaves Cotton current dividend yield, its reliability and sustainability?

0.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 501455's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.33%).

High Dividend: 501455's dividend (0.14%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).


Stability and Growth of Payments

Stable Dividend: 501455 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 501455 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 501455 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 501455's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.7yrs

Average board tenure


CEO

Nagesh Basavanhalli

0.92

Tenure

₹44,522,000

Compensation

Mr. Nagesh A. Basavanhalli serves as Group Chief Executive Officer at Greaves Cotton Limited since November 05, 2020 and served as it's Managing Director since November 05, 2020 until December 2020. He ser...


CEO Compensation Analysis

Compensation vs Market: Nagesh's total compensation ($USD593.61K) is above average for companies of similar size in the Indian market ($USD289.07K).

Compensation vs Earnings: Nagesh's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 501455's board of directors are considered experienced (4.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Greaves Cotton Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Greaves Cotton Limited
  • Ticker: 501455
  • Exchange: BSE
  • Founded: 1859
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹32.207b
  • Shares outstanding: 231.21m
  • Website: https://www.greavescotton.com

Number of Employees


Location

  • Greaves Cotton Limited
  • Unit No. 701, Tower 3
  • 7th Floor
  • Mumbai
  • Maharashtra
  • 400070
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:11
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.