Greaves Cotton Ltd. was listed on the NSE on September 9, 2004. In the last one year, it gave a massive return of more than 70%. Will Greaves Cotton continue to provide such impressive returns in 2025 and future years as well? Let’s explore the Greaves Cotton share target price 2025 to 2050 in this article.
Greaves Cotton Ltd. was established in 1859, it manufactures and markets a wide range of industrial products, including engines, power generation equipment, and electric mobility solutions. The company operates through five independent business units: Greaves Engineering, Greaves Electric Mobility, Greaves Retail, Greaves Finance, and Greaves Technologies.
Greaves Cotton Business Model
Engineering and Manufacturing Business: Greaves Cotton is a diverse engineering company that manufactures engines, powertrains, and related solutions. The company offers diesel, CNG, and electric engines for automotive, agricultural, and industrial applications.
E-Mobility and Electric Vehicles (EV): Greaves Cotton has entered the electric mobility market through its subsidiary, Greaves Electric Mobility. The company manufactures and sells electric two- and three-wheelers under the brand name Ampere.
Aftermarket Services and Spare Parts: Greaves Cotton offers complete aftermarket services, such as the sale of spare parts and maintenance, to ensure recurring revenue through ongoing customer engagement. The company’s wide distribution and service network in India supports this segment.
Rental and Leasing Solutions: Greaves Cotton rents and leases industrial equipment and generators. This segment ensures consistent cash flow by operating under long-term rental agreements.
Greaves Cotton Fundamental Analysis
Stock Name
Greaves Cotton Ltd.
Market Cap
₹ 6,162 Cr.
52W High
₹ 320
52W Low
₹ 112
Stock P/E (TTM)
87.32
Book Value
₹ 58.4
Dividend Yield
0.75 %
ROCE
3.72 %
ROE
1.62 %
Face Value
₹ 2
Cash Reserves
₹ 1,312 Cr.
Greaves Cotton Shareholding Pattern
Share holder
Mar 2023
Mar 2024
Sep 2024
Promoters
55.74%
56.00%
55.88%
FIIs
4.54%
2.81%
1.04%
DIIs
4.22%
3.75%
3.81%
Public
35.50%
37.43%
39.23%
No. of Shareholders
2,21,327
2,05,042
2,02,891
Key Factors Driving Greaves Cotton Growth
Expansion into Electric Mobility: Greaves Cotton has profited from India’s growing demand for electric vehicles (EVs) through Greaves Electric Mobility, a subsidiary. Greaves Electric Mobility produces e-scooters under the ‘Ampere’ brand. In December 2024, the company filed DRHP with the Securities and Exchange Board of India (SEBI) for an IPO to raise 1,000 crore. This demonstrates the company’s commitment to expanding its presence in the EV market.
Expansion of Product Portfolio and Fuel-Agnostic Approach: Greaves Cotton adopted a fuel-agnostic strategy, developing engines that are compatible with diesel, CNG, and electric powertrains. This strategy has expanded its market reach while reducing dependency on traditional diesel engines. In Q1 FY25, the company introduced new alternative fuel engines and switched to CPCB IV+ gensets, which received a positive market response.
Strategic Acquisitions and Partnerships: The acquisition of Excel Controlinkage added value by strengthening Greaves Cotton’s control system capabilities and expanding its product offerings. Excel generated ₹61 crore in quarterly revenue in Q2 FY25, with exports accounting for roughly 30%.
Strengthening Aftermarket Services and Retail Network: Greaves Cotton has over 10,000 retailers and 250 distributors, and its expansion includes digital initiatives such as the ‘Greaves Care’ app and a mechanic loyalty program. This extensive network ensures recurring revenue by providing ongoing customer engagement and support.
Greaves Cotton Share Price Target 2025
Greaves Cotton Share Price Target 2025
Rupees (₹)
1st Target
300
2nd Target
340
3rd Target
410
Greaves Cotton Share Price Target 2030
Greaves Cotton Share Price Target 2030
Rupees (₹)
1st Target
580
2nd Target
650
3rd Target
750
Greaves Cotton Share Price Target 2035
Greaves Cotton Share Price Target 2035
Rupees (₹)
1st Target
1200
2nd Target
1320
3rd Target
1480
Greaves Cotton Share Price Target 2040
Greaves Cotton Share Price Target 2040
Rupees (₹)
1st Target
2450
2nd Target
2650
3rd Target
2900
Greaves Cotton Share Price Target 2050
Greaves Cotton Share Price Target 2050
Rupees (₹)
1st Target
10000
2nd Target
11500
3rd Target
13000
Quick Summary Of Greaves Cotton Share Price Target 2025 to 2050
Years
Target Price
Greaves Cotton Share Price Target 2025
₹300 to ₹410
Greaves Cotton Share Price Target 2030
₹580 to ₹750
Greaves Cotton Share Price Target 2035
₹1200 to ₹1480
Greaves Cotton Share Price Target 2040
₹2450 to ₹2900
Greaves Cotton Share Price Target 2050
₹10000 to ₹13000
Conclusion
Greaves Cotton’s future looks promising, thanks to its strategic expansion into electric mobility and diverse engineering portfolio. Greaves Cotton is well-positioned to capitalise on emerging opportunities as demand for sustainable transportation and industrial solutions increases. The company’s focus on electric vehicles, aftermarket services, and acquisitions strengthens its market position. While stock performance can vary, Greaves Cotton’s consistent innovation and strong business model make it a strong candidate for long-term growth and investment.
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
