Greaves Cotton Limited — Quarter ended March 31, 2026 (year ended March 31, 2026)
| Sr. No. | Particulars | Quarter Ended | Year Ended |
|---|---|---|---|
| Mar 31, 2026 (Refer Note 7) | Dec 31, 2025 (Unaudited) | ||
| I | Revenue from Operations | 697.55 | 574.81 |
| II | Other Income | 13.33 | 9.17 |
| III | Total Income (I + II) | 710.88 | 583.98 |
| IV | Expenses | ||
| Cost of materials consumed | 429.46 | 336.97 | |
| Purchases of stock-in-trade | 28.26 | 26.00 | |
| Changes in inventories of finished goods, stock-in-trade and work-in-progress | 25.24 | 15.60 | |
| Employee benefits expense | 45.43 | 46.05 | |
| Finance costs | 1.01 | 0.67 | |
| Depreciation and amortisation expense | 13.13 | 12.69 | |
| Other expenses | 81.67 | 71.88 | |
| Total expenses | 624.20 | 509.86 | |
| V | Profit before exceptional items and tax (III – IV) | 86.68 | 74.12 |
| VI | Exceptional Items (Refer Note 2) | (15.98) | (15.75) |
| VII | Profit before tax (V + VI) | 70.70 | 58.37 |
| VIII | Tax expense | ||
| Current tax | 23.02 | 15.91 | |
| Deferred tax (credit) / charge | (0.07) | (0.64) | |
| Total Tax Expense | 22.95 | 15.27 | |
| IX | Profit for the period/ year (VII – VIII) | 47.75 | 43.10 |
| X | Other Comprehensive Income | ||
| Items that will not be subsequently reclassified to profit or loss | |||
| Remeasurements of the defined benefit plans : Gains / (Loss) | 0.62 | 0.17 | |
| Tax relating to this items | (0.17) | (0.04) | |
| Other Comprehensive Income for the period / year (net of tax) | 0.45 | 0.13 | |
| XI | Total Comprehensive Income for the period / year (net of tax) (IX + X) | 48.20 | 43.23 |
| XII | Paid up Equity Share Capital (Face value of Rs. 2 each) | 46.58 | 46.57 |
| XIII | Other Equity | ||
| XIV | Earnings per equity share of Rs. 2 each: | ||
| Basic | 2.05 | 1.85 | |
| Diluted | 2.03 | 1.84 |
| Particulars | Standalone As at March 31, 2026 | Standalone As at March 31, 2025 |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| (a) Property, plant and equipment | 179.93 | 164.66 |
| (b) Right-of-use assets | 69.05 | 29.07 |
| (c) Capital work – in – progress | 18.58 | 11.99 |
| (d) Intangible assets | 65.65 | 65.26 |
| (e) Intangible assets under development | 28.16 | 19.63 |
| (f) Financial Assets | ||
| (i) Investments | 727.57 | 633.68 |
| (ii) Loans | 106.10 | 8.40 |
| (iii) Other Financial Assets | 18.70 | 29.04 |
| (g) Income Tax Assets (Net of provision) | 33.44 | 42.07 |
| (h) Deferred tax assets (Net) | 20.39 | 20.40 |
| (i) Other non – current assets | 20.95 | 30.05 |
| Total non-current assets | 1,288.52 | 1,054.28 |
| Current assets | ||
| (a) Inventories | 196.56 | 205.23 |
| (b) Financial Assets | ||
| (i) Investments | 30.47 | 30.60 |
| (ii) Trade receivables | 284.57 | 285.67 |
| (iii) Cash and cash equivalents | 140.05 | 107.99 |
| (iv) Bank balances other than (iii) above | 277.17 | 227.62 |
| (v) Other Financial Assets | 24.52 | 23.41 |
| (c) Other current assets | 40.65 | 32.12 |
| Total current assets | 993.99 | 912.64 |
| Total Assets | 2,282.51 | 1,966.92 |
| EQUITY AND LIABILITIES | ||
|---|---|---|
| EQUITY | ||
| (a) Equity share capital | 46.58 | 46.50 |
| (b) Other equity | 1,571.92 | 1,408.62 |
| Total Equity | 1,618.50 | 1,455.12 |
| LIABILITIES | ||
| Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Lease liabilities | 37.71 | 6.24 |
| (b) Provisions | 45.12 | 35.74 |
| (c) Other non – current liabilities | 39.87 | 44.72 |
| Total non-current liabilities | 122.70 | 86.70 |
| Current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Lease liabilities | 16.10 | 7.56 |
| (ii) Trade payables | ||
| – Total outstanding dues of Micro Enterprises and Small Enterprises | 65.17 | 55.89 |
| – Total outstanding dues of creditor’s other than Micro Enterprises and Small Enterprises | 359.04 | 280.72 |
| (iii) Other financial liabilities | 43.15 | 38.35 |
| (b) Provisions | 20.97 | 17.79 |
| (c) Current Income Tax Liabilities (Net of advance tax) | 6.14 | 5.24 |
| (d) Other current liabilities | 30.74 | 19.55 |
| Total current liabilities | 541.31 | 425.10 |
| Total Equity and Liabilities | 2,282.51 | 1,966.92 |
| Particulars | Standalone Year ended March 31, 2026 | Standalone Year ended March 31, 2025 |
|---|---|---|
| Cash flows from operating activities | ||
| Profit before tax | 276.98 | 249.98 |
| Adjustments for: | ||
| Finance costs | 2.83 | 1.69 |
| Interest income | (26.19) | (27.89) |
| Loss / (Profit) on sale of property, plant & equipment (Net) | 0.42 | (1.43) |
| Financial assets measured at fair value through profit or loss (unrealised) | (1.22) | (1.80) |
| Expense recognised in respect of equity-settled share based payments | 9.19 | 1.58 |
| Depreciation and amortisation expenses | 49.63 | 45.69 |
| Liabilities no longer required written back | (0.65) | (1.43) |
| Gain on lease termination | (1.52) | – |
| Impairment of PPE and Intangible assets under development (exceptional item) | 15.98 | – |
| Impairment of Tangible assets | 0.50 | – |
| Advances written off | – | 0.31 |
| Allowance for / (Reversal of) expected credit loss | 5.45 | 0.39 |
| Unrealised foreign exchange (gain)/loss | (1.05) | 0.36 |
| Operating profit before working capital changes | 330.35 | 267.45 |
| Adjustment for movements in working capital: | ||
| (Increase) in trade receivables | (3.30) | (85.40) |
| Decrease / (increase) in inventories | 8.67 | (67.20) |
| (Increase) in other assets | (31.88) | (21.43) |
| Increase in trade payables & other liabilities | 97.92 | 71.15 |
| Increase in Provisions | 13.37 | 14.26 |
| Cash generated from operations | 415.13 | 178.83 |
| Less: Income taxes paid | (67.56) | (67.05) |
| Net cash generated from operating activities (A) | 347.57 | 111.78 |
| Cash flows from investing activities | ||
| Payment towards equity investment | (6.00) | – |
| Purchase of property, plant and equipment | (32.96) | (29.41) |
| Purchase of intangible assets | (32.32) | (24.61) |
| Proceeds from sales of property, plant and equipment | 1.67 | 2.89 |
| Proceeds from sale of investments (Net) | 1.35 | 1.69 |
| Bank deposits placed | (270.06) | (230.87) |
| Bank deposits matured | 234.90 | 366.68 |
| Interest received | 30.00 | 28.46 |
| Loan given to subsidiaries | (118.70) | (39.40) |
| Repayment of loans by subsidiaries | 21.00 | 64.00 |
| Net cash used in investing activities (B) | (171.12) | 139.43 |
| Cash flows from financing activities | ||
| Payment towards additional acquisition of stake in subsidiary, right issue in subsidiary & equity investment (Refer note c below) | (87.89) | (189.43) |
| Dividends paid | (46.56) | (46.50) |
| Proceeds from exercise of stock options | 0.08 | 0.10 |
| Payments of lease liabilities | (9.93) | (7.06) |
| Interest paid | (0.09) | (0.34) |
| Net cash used in financing activities (C) | (144.39) | (243.23) |
| Net increase in cash and cash equivalents (A+B+C) | 32.06 | 7.98 |
| Cash and cash equivalents at the beginning of the year | 107.99 | 100.01 |
| Cash and cash equivalents at the end of the year | 140.05 | 107.99 |
| Cash and cash equivalents comprises of: | ||
| Balances with banks: | ||
| – In fixed deposit with maturity less than 3 months at inception | 135.26 | 104.25 |
| – In current accounts | 4.79 | 3.74 |
| Balance as per statement of cash flows | 140.05 | 107.99 |
| Sr No. | Particulars | Quarter Ended | Year Ended |
|---|---|---|---|
| Mar 31, 2026 (Refer Note 7) | Dec 31, 2025 (Unaudited) | ||
| 1. | Segment Revenue | ||
| a. Engines | 668.10 | 545.64 | |
| b. Electric Mobility & Other Vehicles | 225.73 | 224.82 | |
| c. Cables & Control Levers | 71.43 | 64.08 | |
| d. Others | 49.44 | 54.59 | |
| Net sales/Income from operations | 1,014.70 | 889.13 | |
| Less: Inter-Segment revenue | 14.44 | 13.66 | |
| Net sales/Income from operations | **1 |