Greaves Cotton Future Growth

Future criteria checks 3/6

Greaves Cotton is forecast to grow earnings at 106.1% per annum. EPS is expected to grow by 88.6% per annum.

Key information

106.1%

Earnings growth rate

88.6%

EPS growth rate

Machinery earnings growth	16.2%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	Low
Last updated	20 Nov 2023

Recent future growth updates

Recent updates

Here's What's Concerning About Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital

May 10

When Should You Buy Greaves Cotton Limited (NSE:GREAVESCOT)?

Dec 24

Greaves Cotton's (NSE:GREAVESCOT) Earnings Are Weaker Than They Seem

Nov 22

Is Greaves Cotton (NSE:GREAVESCOT) Using Debt In A Risky Way?

Jun 02

These Return Metrics Don't Make Greaves Cotton (NSE:GREAVESCOT) Look Too Strong

Feb 03

Greaves Cotton (NSE:GREAVESCOT) Seems To Use Debt Quite Sensibly

Jan 10

Greaves Cotton (NSE:GREAVESCOT) Is Finding It Tricky To Allocate Its Capital

Sep 14

Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jun 02

Need To Know: Greaves Cotton Limited (NSE:GREAVESCOT) Insiders Have Been Buying Shares

Mar 14

Calculating The Intrinsic Value Of Greaves Cotton Limited (NSE:GREAVESCOT)

Feb 12

What Type Of Returns Would Greaves Cotton's(NSE:GREAVESCOT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 03

Trade Alert: Meenakshi Behara At Greaves Cotton Limited (NSE:GREAVESCOT), Has Just Spent ₹1.4m Buying A Small Number of Shares

Dec 08

Does Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital Reflect Well On The Business?

Nov 20

What Type Of Shareholders Own The Most Number of Greaves Cotton Limited (NSE:GREAVESCOT) Shares?

Oct 16

Greaves Cotton (NSE:GREAVESCOT) Share Prices Have Dropped 47% In The Last Year

Sep 20

Does Greaves Cotton Limited's (NSE:GREAVESCOT) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Aug 25

Earnings and Revenue Growth Forecasts

NSEI:GREAVESCOT - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2023	27,876	-1,112	N/A	N/A	N/A
9/30/2023	26,357	-1,628	-2,745	-1,294	N/A
6/30/2023	26,079	569	N/A	N/A	N/A
3/31/2023	26,995	780	-2,141	-1,352	N/A
12/31/2022	24,933	681	N/A	N/A	N/A
9/30/2022	24,662	554	-1,447	-701	N/A
6/30/2022	21,409	33	N/A	N/A	N/A
3/31/2022	17,097	-353	-1,222	-563	N/A
12/31/2021	16,093	-384	N/A	N/A	N/A
9/30/2021	16,175	-112	455	922	N/A
6/30/2021	15,733	-104	N/A	N/A	N/A
3/31/2021	15,004	-188	978	1,468	N/A
12/31/2020	13,662	-319	N/A	N/A	N/A
9/30/2020	13,919	-38	1,186	1,843	N/A
6/30/2020	15,749	626	N/A	N/A	N/A
3/31/2020	19,110	1,292	258	1,016	N/A
12/31/2019	20,653	1,625	N/A	N/A	N/A
9/30/2019	20,666	1,550	-427	339	N/A
6/30/2019	20,493	1,605	N/A	N/A	N/A
3/31/2019	20,153	1,647	687	1,453	N/A
3/31/2018	17,921	2,022	2,292	2,796	N/A
3/31/2017	16,344	1,841	N/A	1,144	N/A
3/31/2016	16,161	2,026	N/A	2,301	N/A
3/31/2015	16,977	836	N/A	2,251	N/A
3/31/2014	17,359	1,234	N/A	1,555	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GREAVESCOT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.7%).

Earnings vs Market: GREAVESCOT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GREAVESCOT is expected to become profitable in the next 3 years.

Revenue vs Market: Insufficient data to determine if GREAVESCOT's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if GREAVESCOT's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if GREAVESCOT's Return on Equity is forecast to be high in 3 years time

Greaves Cotton Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 8.1% to ₹177

Price target decreased by 7.7% to ₹200

Price target increased to ₹218

Price target increased to ₹163

Price target increased to ₹113

Price target increased to ₹88.33

Recent updates

High number of new directors

Investors Give Greaves Cotton Limited (NSE:GREAVESCOT) Shares A 27% Hiding

Third quarter 2024 earnings released: EPS: ₹2.50 (vs ₹0.28 in 3Q 2023)

Greaves Cotton Limited Appoints Alok Kapoor as Head - Auto EV Mart

Here's Why Greaves Cotton (NSE:GREAVESCOT) Has A Meaningful Debt Burden

Second quarter 2024 earnings released: ₹8.22 loss per share (vs ₹1.25 profit in 2Q 2023)

New major risk - Revenue and earnings growth

Price target decreased by 8.1% to ₹177

Greaves Cotton Limited Appoints Abhijit Narendra Joshi as Head - Marketing and Sales, Greaves Engineering

Insider recently sold ₹1.1m worth of stock

Greaves Cotton Limited Appoints Neeraj Sharan as Business Head Electric Vehicle Solutions and New Business

Greaves Cotton (NSE:GREAVESCOT) Has A Pretty Healthy Balance Sheet

Greaves Cotton Limited Declares Final Dividend for the Financial Year Ended March 31, 2023

Upcoming dividend of ₹0.90 per share at 0.7% yield

Greaves Cotton Limited to Report Q4, 2024 Results on May 30, 2024

Full year 2023 earnings released: EPS: ₹3.37 (vs ₹1.53 loss in FY 2022)

Greaves Cotton Limited, Annual General Meeting, Aug 10, 2023

Vice Chairman recently sold ₹25m worth of stock

Head of Legal & Internal Audit recently sold ₹2.7m worth of stock

Investor sentiment deteriorates as stock falls 16%

Full year 2023 earnings released: EPS: ₹3.37 (vs ₹1.53 loss in FY 2022)

Greaves Cotton Limited Announces CFO Changes

Investor sentiment improves as stock rises 19%

Here's What's Concerning About Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital

Independent Director recently sold ₹1.3m worth of stock

Price target decreased by 7.7% to ₹200

Third quarter 2023 earnings released: EPS: ₹0.28 (vs ₹0.27 loss in 3Q 2022)

Greaves Cotton Limited (BSE:501455) signed a binding term sheet to acquire Excel Controlinkage Pvt Ltd. for enterprise value of INR3.85 billion.

Greaves Cotton Limited to Report Q3, 2023 Results on Feb 09, 2023

Greaves Cotton Limited Showcases Its EV Might At Auto Expo 2023 with Six New Electric Two and Three-Wheelers

When Should You Buy Greaves Cotton Limited (NSE:GREAVESCOT)?

Greaves Cotton's (NSE:GREAVESCOT) Earnings Are Weaker Than They Seem

Second quarter 2023 earnings released: EPS: ₹1.25 (vs ₹1.01 loss in 2Q 2022)

Greaves Cotton Limited to Report Q2, 2023 Results on Nov 14, 2022

Greaves Cotton Limited Declares Dividend

Greaves Cotton Limited Announces Cessation of Vinay Sanghi as Independent Director of the Company

Greaves Cotton Limited to Report Q1, 2023 Results on Aug 11, 2022

Upcoming dividend of ₹0.20 per share

Full year 2022 earnings released: ₹1.53 loss per share (vs ₹0.81 loss in FY 2021)

Greaves Cotton Limited Recommends Dividend for the Financial Year Ended 31 March, 2022, Payable on or Before 9 September 2022

Is Greaves Cotton (NSE:GREAVESCOT) Using Debt In A Risky Way?

Greaves Cotton Names Sanjay Behl as CEO

Greaves Cotton Limited Appoints Arup Basu as Deputy Managing Director

Greaves Cotton Limited Recommends Dividend for the Financial Year Ended 31 March, 2022

Full year 2022 earnings released: ₹1.53 loss per share (vs ₹0.81 loss in FY 2021)

Greaves Cotton Limited to Report Q4, 2022 Results on May 12, 2022

Price target increased to ₹218

Greaves Cotton Limited Appoints Arup Basu as Deputy Managing Director

Price target increased to ₹163

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

These Return Metrics Don't Make Greaves Cotton (NSE:GREAVESCOT) Look Too Strong

Greaves Cotton (NSE:GREAVESCOT) Seems To Use Debt Quite Sensibly

Insider recently sold ₹3.1m worth of stock

Greaves Cotton Seeks Investors for EV Venture

Second quarter 2022 earnings released: ₹1.01 loss per share (vs ₹0.97 loss in 2Q 2021)

Independent Director Subbu Venkata Behara has left the company

Greaves Cotton (NSE:GREAVESCOT) Is Finding It Tricky To Allocate Its Capital

Upcoming dividend of ₹0.20 per share

Full year 2021 earnings released: ₹0.81 loss per share (vs ₹5.40 profit in FY 2020)

Greaves Cotton's (NSE:GREAVESCOT) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Price target increased to ₹113

Greaves Cotton Limited Recommends Dividend for the Financial Year Ended March 31, 2021

Full year 2021 earnings released: ₹0.81 loss per share (vs ₹5.40 profit in FY 2020)

Price target increased to ₹88.33

Need To Know: Greaves Cotton Limited (NSE:GREAVESCOT) Insiders Have Been Buying Shares

New 90-day high: ₹132

Calculating The Intrinsic Value Of Greaves Cotton Limited (NSE:GREAVESCOT)

Greaves Cotton Limited Appoints Dalpat Jain as Group Chief Financial Officer

New 90-day high: ₹95.95