Greaves Cotton Limited — Investor Meet, 07-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Greaves Cotton has announced a board meeting on the financial results for the quarter and half-year. Consolidated revenues were Rs. 823 crore in Q4 and Rs. 2,918 crore for FY25. Standalone revenues grew 19% YoY in Q4 to Rs. 573 crore and 12% in FY25 to Rs. 1,988 crore. EBITDA margins improved to 14.7% standalone and 16.4% combined with Excel Controlinkage, which saw Rs. 75 crore Q4 revenues (+15% YoY). Electric Mobility grew 7.4% YoY to Rs. 659 crore, driven by new products and market share gains. Management emphasized growth in gensets, fuel-agnostic powertrains, Excel capacity expansion, and scaling retail with 10,000+ outlets. The company is debt-free with Rs. 379 crore cash and targets Rs. 15,000 crore group revenue by 2030 through organic growth and acquisitions. Electric Mobility is nearing profitability ahead of a proposed IPO.