The Electric vehicle and engine infrastructure manufacturing stock Greaves Cotton Ltd has stolen the spotlight on Dalal Street today. The stock has sky rocketed over 12% despite of negative sentiment spreads during first-half of market opening.
Previously the big ticket was bought by seasoned investor Vijay Kedia in this company. Later the company has also shown stellar set of quarterly numbers.
The stock has been covered with a growing buzz around its Electric vehicle and engine arm and for which the market responded with optimism.
Market Updates:
Today, Nifty 50 opened at 24,642.25, made its high/low at 24,956.50/ 24,635.00 respectively, and closed with a fall of 86.70 (0.35%) points only at 24,768.35 whereas, Sensex opened at 80,695.50, made its high/low at 81,803.27/ 80,695.15 respectively, and closed with a small fall of 296.28(0.36%) points at 81,185.58. Today, both Nifty and Sensex has opened with gap down, around 12:40 move to previous closed point, and closed again with gap down.
We have also discussed about EV company stock and its Q1 FY2026 performance. The link has given below:
https://investmentgrip.com/ev-stock/
The Electric vehicle and engine company’s Q1 performance
Q1 FY26 vs Q1 FY25
Consolidated Figures
In Q1 FY2025, the revenue was ₹ 640 crores which is rose up 16.4% and it becomes ₹ 745 crore in Q1 FY2026.
Net Profit (PAT) surged to ₹33.09 crore, a 220–230% YoY jump from ₹10.32 crore in the same period last year
EBITDA nearly doubled, at ₹57 crore which is up ~102% YoY, with margin improving significantly to 7.6% (from ~4.4%)
Standalone Figures
Standalone revenue hit ₹ 541 crore, up 22% YoY from ₹ 445 crore a year ago
Standalone net profit reached ₹ 56.64 crore, up ~55% YoY from ₹ 36.55 crore in Q1 FY25
Standalone EBITDA rose to ₹ 76 crore, a 51% YoY increase, with margin expansion of about 270 basis points
In Q1 FY26 Electric vehicle and engine company Greaves Cotton delivering strong double‑digit growth across both top and bottom lines. Consolidated revenue rose ~16.4%, due to robust demand in engineering and electric mobility businesses.
Q1 FY26 vs Q4 FY25
Consolidated Figures
In Q4 FY2025, the revenue was ₹ 822.83 crores which is dipped up ~9.5% (seasonal decline) and it becomes ₹ 745 crore in Q1 FY2026.
Net Profit (PAT) surged to ₹ 33.09 crore, ~37.5% QoQ jump from ₹ 24.05 crore in the same period last quarter.
EBITDA for the quarter Q1 FY2026 is ₹57 crore which is almost flat compared to ₹58.02 crore in Q4 FY2025. However, the EBITDA margin expanded to 7.6% in Q1 FY2026, up from Q4 FY2025 ~7.1%. This is indicating the improved operational efficiency.
Standalone Figures
Standalone revenue hit ₹ 541 crore in Q1 FY2026, down ~8.5% QoQ from ₹ 591 crore in previous quarter.
Standalone net profit reached ₹ 56.64 crore in Q1 FY2026, up ~46% QoQ from ₹ 38.85 crore in Q4 FY25
EBITDA rose to ₹76 crore in Q1 FY2026, up from ₹69 crore in the in Q4 FY2025.So, in QoQ growth of about 10%.
The standalone business is showing strong earnings momentum, motivated by margin expansion and tighter control over operational costs.
Financial Overview
The market cap of the Electric vehicle and engine company is ₹ 5,285 crore. So, it is a small cap company. The stock is trading in a current price ₹226. The 52-week high/low are ₹ 320/153 respectively. The stock has made its all-time high today. The price earnings ratio of the stock is 24,021. The higher PE of the company is due to market is pricing in Future Growth especially in EV & Retail Segments. The ROE/ROCE are -0.43/5.13% respectively. The company’s dividend yield is 0.88%.
As per June FY 2026 data, the Promoter’s holding is 55.81%. The FIIs and DIIs holdings are 2.45% and 3.52% respectively and the public holding is 38.21%. Among public holding Ace investors Vijay Kedia through his firm Kedia Securities Private Ltd, also holds 0.52% stake in this company.
About the company:
The Electric vehicle and engine company, Greaves Cotton Ltd. is a diversified engineering company with over 160 years of legacy in India. The company’s headquartered is in Mumbai and it is listed on both NSE as well as BSE. Previously, the company was well known for manufacturing diesel and petrol engines.
Now, the Electric vehicle and engine company has expanded its business to Automotive & Non-Automotive Engines, Electric Mobility (via its subsidiary Greaves Electric Mobility, which owns the Ampere electric scooter brand), Aftermarket & Retail (serving 2W/3W spares, batteries, lubricants, etc.).
Presently, the Electric vehicle and engine company has shifted in a strategic way and shifted its focus from conventional engines to clean energy, last-mile mobility, and consumer-centric solutions. The company’s developing electric vehicle division has positioned it as a rising player in India’s evolving EV landscape.