Greaves Cotton Business Insights and Partnerships

Greaves Cotton has been a pioneer in the Indian automotive industry for over 120 years.

The company's expertise in engine manufacturing has been a key factor in its success, with a range of engines that power two-wheelers and three-wheelers.

Greaves Cotton has also been at the forefront of innovation, with a strong focus on research and development.

One notable partnership is with the Indian Railways, where Greaves Cotton supplies engines for their diesel locomotives.

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Greaves Cotton is a company that's been around for a long time, with a history dating back to 1859. They're a manufacturing company based in Mumbai.

Their product range is quite diverse, and they produce powertrains for various types of engines, including diesel, petrol, kerosene, and gasoline engines. They also make diesel pump sets, gensets, and farm equipment.

If you're in the market for aftermarket spares and services, Greaves Cotton has got you covered. Their e-mobility solutions are another area of focus for the company.

Here's a breakdown of their product categories:

Greaves Cotton has made significant investments in the electric vehicle (EV) industry, starting with an investment of ₹77 crore in Ampere Vehicles in October 2018. This marked the company's entry into the EV sector.

The company increased its stake in Ampere Vehicles to 81.23% in July 2019, demonstrating its commitment to the EV market. In June 2021, Greaves Cotton signed an MoU with the Tamil Nadu government to invest ₹700 crore over ten years for a plant with an annual capacity of 1 million units.

Greaves Cotton's share price returns have been impressive, with a 1-year return of 13.98% and a 3-year return of 36.63%. The company's share price has also shown a significant increase in the 5-year period, with a return of 182.09%.

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Greaves Cotton has been making strategic investments and acquisitions to expand its reach and capabilities. The company invested ₹77 crore in Ampere Vehicles in Oct 2018, acquiring a 67.34% stake.

This marked the company's entry into the electric vehicle (EV) industry. Ampere Vehicles is a Coimbatore-based EV manufacturer. Greaves Cotton increased its stake in Ampere Vehicles to 81.23% by investing an additional ₹38.49 crore in Jul 2019.

Greaves Cotton signed an MoU with the Tamil Nadu government in Jun 2021 to invest ₹700 crore over ten years for a plant with an annual capacity of 1 million units. The initial production capacity will be 1 lakh units per annum.

The company also made a significant acquisition in Feb 2023 by signing binding terms to acquire a 100% stake in Excel ControLinkage Pvt. Ltd. for ₹385 crore. This acquisition will be completed in four phases.

Here's a summary of Greaves Cotton's key investments and acquisitions:

As we explore the world of investments, it's essential to understand the financial health and performance of a company. The PE Ratio of Greaves Cotton stands at 58.79, indicating a relatively high valuation.

This high PE Ratio might raise concerns about the company's stock price being overvalued. However, a PE Ratio of 58.79 is not unusually high compared to its peers.

Let's take a look at the EPS - TTM (₹) of Greaves Cotton, which is 3.49. This indicates the company's earnings per share over the last four quarters.

Here's a comparison of the EPS - TTM of Greaves Cotton with its peers:

The Dividend Yield of Greaves Cotton is 0.98%, indicating a relatively low dividend payout.

The Beta of Greaves Cotton over various time periods ranges from 0.69 to 0.81, indicating a relatively stable stock.

Here's a breakdown of the Beta of Greaves Cotton:

The MCAP (₹ Cr.) of Greaves Cotton is 4,771.92, indicating a significant market capitalization.

The Face Value of Greaves Cotton is 2.00, and the BV/Share (₹) is 68.08.

The 52W H/L (₹) of Greaves Cotton is 319.50 / 154.50, indicating a significant price fluctuation over the last 52 weeks.

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Greaves Cotton's ownership and shareholding pattern is quite interesting. The company is majority-owned by its promoters, who hold a staggering 55.80% of the total shares as of September 2025.

Their shareholding pattern remains relatively consistent over the past few quarters, with a slight dip in the percentage from June 2025. Promoters have maintained their stake at 55.88% in March and December 2024.

There is no pledge of shares, indicating that the promoters are not using any of their shares as collateral. FII (Foreign Institutional Investors) holds a small percentage of 2.64% as of September 2025.

DII (Domestic Institutional Investors) also holds a notable 3.79% of the shares. Mutual Funds own a tiny 0.76% of the company.

Here's a breakdown of the shareholding pattern as of September 2025:

Greaves Cotton has made strategic partnerships to drive innovation and growth.

In 2017, the company partnered with Altigreen Propulsion Labs to provide clean energy powertrain solutions for three-wheeler and micro four-wheeler commercial vehicles. This collaboration has likely improved the company's offerings in the alternative energy space.

Greaves Cotton also partnered with Eta Green Power in 2023 to share the rights of their technology in the Indian two and three-wheeler segment.

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The group company has made strategic partnerships to expand its clean energy offerings.

In 2017, it partnered with Altigreen Propulsion Labs, a US and Bengaluru-based start-up, to provide clean energy powertrain solutions for three-wheeler and micro four-wheeler commercial vehicles.

This partnership has helped the group company tap into new technologies and expertise.

In 2023, it partnered with Eta Green Power, a UK-based electric drive system design company, to share their technology in the Indian two and three-wheeler segment.

The group company's partnerships have enabled it to offer a range of clean energy solutions to its customers.

It has successfully collaborated with two innovative companies to bring cutting-edge technology to the market.

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As we explore the world of partnerships and insights, it's essential to understand the financial health of a company. The PE ratio of Greaves Cotton is 58.79, indicating a relatively high valuation.

This means that investors are willing to pay a premium for the company's shares. The EPS (Earnings Per Share) of Greaves Cotton is ₹3.49, which suggests a stable earnings performance.

The company's dividend yield is 0.98%, which is relatively low compared to other companies in the same sector. The VWAP (Volume-Weighted Average Price) of Greaves Cotton is ₹205.32, indicating a relatively stable stock price.

Here's a breakdown of Greaves Cotton's key financial metrics:

The company's beta is 0.81, indicating a relatively low level of volatility. Over the past 1 year, the stock has shown a beta of 0.80, suggesting a stable performance.