Financials Greaves Cotton Limited

Equities

501455

INE224A01026

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 06:13:43 2024-04-26 am EDT 5-day change 1st Jan Change
134.8 INR -0.59% Intraday chart for Greaves Cotton Limited +2.39% -11.35%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 34,103 16,104 29,548 44,197 29,234 31,262 - -
Enterprise Value (EV) 1 34,103 16,104 29,548 44,197 29,234 31,262 31,262 31,262
P/E ratio 20.2 x 11.3 x 284 x 165 x - - 17.5 x 14.3 x
Yield 2.86% - 0.16% 0.1% 0.71% - - -
Capitalization / Revenue 1,715,622 x 884,271 x 2,223,243 x 3,753,209 x 1,886,360 x - - -
EV / Revenue 1,715,622 x 884,271 x 2,223,243 x 3,753,209 x 1,886,360 x - - -
EV / EBITDA 12.4 x 7.06 x 30.5 x 98.8 x 19.3 x 27.8 x 12.4 x 9.53 x
EV / FCF 25,202,098 x 26,870,604 x 20,933,920 x 143,778,187 x 26,115,822 x - - -
FCF Yield 0% 0% 0% 0% 0% - - -
Price to Book 3.52 x 1.81 x 3.28 x 4.75 x - 1.82 x 1.66 x 1.5 x
Nbr of stocks (in thousands) 244,207 231,207 231,207 231,521 231,649 232,000 - -
Reference price 2 139.6 69.65 127.8 190.9 126.2 134.8 134.8 134.8
Announcement Date 5/2/19 6/5/20 5/4/21 5/13/22 5/12/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 19,878 18,211 13,291 11,776 15,498 - - -
EBITDA 1 2,747 2,281 969.3 447.4 1,514 1,123 2,530 3,282
EBIT 1 2,259 - 484.1 23.1 1,133 369 1,642 2,265
Operating Margin 11.36% - 3.64% 0.2% 7.31% - - -
Earnings before Tax (EBT) 2,463 1,967 184.7 392.7 1,607 - 2,341 3,112
Net income 1 1,693 1,475 103.6 270.8 1,151 -1,303 1,772 2,182
Net margin 8.52% 8.1% 0.78% 2.3% 7.43% - - -
EPS 6.930 6.160 0.4500 1.160 - - 7.700 9.400
Free Cash Flow 1,353 599.3 1,412 307.4 1,119 - - -
FCF margin 6.81% 3.29% 10.62% 2.61% 7.22% - - -
FCF Conversion (EBITDA) 49.26% 26.27% 145.62% 68.71% 73.93% - - -
FCF Conversion (Net income) 79.93% 40.63% 1,362.45% 113.52% 97.25% - - -
Dividend per Share 2 4.000 - 0.2000 0.2000 0.9000 - - -
Announcement Date 5/2/19 6/5/20 5/4/21 5/13/22 5/12/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q3 2024 Q4
Net sales 4,368 4,570 2,144 2,840 3,005 3,787 3,736 3,741 3,652 4,368 - -
EBITDA 1 538 473.3 -60.1 44.7 171.9 290.9 274.3 332.8 389.3 517.7 381 388
EBIT 1 - - - - - - 172.6 237.5 297 - 188 187
Operating Margin - - - - - - 4.62% 6.35% 8.13% - - -
Earnings before Tax (EBT) 1 - - - - - - 482.2 - - - 340 -
Net income 1 - - -64.7 - - - 356.3 - - - 315 -
Net margin - - -3.02% - - - 9.54% - - - - -
EPS 2 - - - - - - 1.530 0.9700 1.170 - 1.400 -
Dividend per Share - - - - - - - - - - - -
Announcement Date 2/10/21 5/4/21 8/11/21 10/26/21 2/8/22 5/13/22 8/11/22 11/14/22 2/9/23 5/12/23 - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1,353 599 1,412 307 1,119 - - -
ROE (net income / shareholders' equity) 18.8% 15.9% 5.01% 2.96% 11.1% 3% 8% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 39.70 38.40 39.00 40.20 - 74.00 81.00 90.00
Cash Flow per Share - - - - - - - -
Capex 1 296 744 396 77.1 291 1,850 1,775 1,700
Capex / Sales 1.49% 4.08% 2.98% 0.65% 1.88% - - -
Announcement Date 5/2/19 6/5/20 5/4/21 5/13/22 5/12/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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