What we do Greaves Cotton Ltd is a diversified engineering conglomerate offering fuel agnostic powertrain solutions, e-mobility, industrial engines, and aftermarket services. |
Founded in 1,922 |
Market share Leading player in diesel engines and emerging electric mobility markets in India with expanding global footprint. |
Problem solved Provides reliable, fuel efficient engines and clean mobility solutions addressing emission norms and evolving energy needs. |
Top clients or who we serve Automotive OEMs, farm equipment makers, construction industry, institutional clients; B2B and B2C customers served. |
Key management Mr. Parag Satpute (MD & Group CEO) |
Our journey and innovations Established 1922, pioneering diesel engines; expanded through JVs, acquisitions including Ampere Electric; launched BS-VI engines, electric mobility solutions, advanced R&D. |
Where we operate India and international markets including Middle East, Southeast Asia, Africa, and Europe. |
Top products or what we offer Diesel and petrol engines, electric vehicles, gensets, farm equipment, motion control systems, aftermarket parts. |
Top brands Ampere Electric Vehicles - key EV brand; Excel Controlinkage - motion control systems; Greaves Diesel Engines - market leader; Genius Gensets series. |
Raw materials needed Steel, cast iron, electronic components, fuel-efficient engine parts. |
Raw materials supplier Multiple domestic and international suppliers for metals and electronic components. |
Recurring vs cyclical contribution Mix of recurring aftermarket/spares sales and cyclical OEM/industrial sales. |
Our industry position Strong in diesel engine manufacturing with growing presence in electric mobility and energy solutions sectors. |
Financial highlights Consolidated revenue Rs. 2973 Cr FY25; profit before tax Rs. 70.63 Cr; stable growth and improving margins. |
Geographical revenue split Domestic revenue Rs. 2719 Cr; overseas Rs. 979 Cr in FY25. |
Order book - |
Whats driving growth Expansion in electric mobility, stringent emission regulations, robust aftermarket network, new product launches, and international market growth. |
Our future plans Scaling EV production, enhancing fuel-agnostic engines, expanding international footprint, digitalization, and sustainability initiatives. |
Our green promise Committed to emission norms compliance, solar power usage, water conservation, recycling, and afforestation. |
Our people and values 1079 employees; focus on diversity, skill development (DEEP, SWATI programs), safety culture, and inclusive growth. |
Key challenges ahead Competitive EV market, supply chain disruptions, regulatory changes, and negative profitability in emerging segments. |
Interesting facts 165+ years legacy; first indigenously designed 14 HP high power tiller; patented fuel agnostic powertrain; extensive rural dealer network. |
Risks and strategy Mitigating market risks via product diversification, technology partnerships, operational excellence, and compliance with environmental regulations. |
