This Small-cap EV Stock is in focus after it jumped 10.58 percent following its Q4 results for FY25, with robust revenue and Net profit performance on a YoY basis. The company board recommended a Rs. 2 dividend per share.
Share Price Movement
With a market capitalization of Rs. 4,667 Crore, the stock of Greaves Cotton opened at Rs. 189.25, around the same level as yesterday’s close, and after opening, it made a high of 209.35, up 10.53 percent. Additionally, the Yearly return for the stock is 42 percent, and the past 5-year return is a decent 155 percent.
Financial Highlights
The company reported a 22.34 percent YoY increase in revenue from Rs. 672.53 Crore in Q3FY24 to Rs. 822.83 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 9.62 percent in revenue from Rs. 750.60 Crore in the previous quarter.
Their Net loss of Rs. 13.35 Crore in Q4FY24 saw a turnaround to a profit of Rs. 1.53 Crore in Q4FY25. However, on a QoQ basis, the company saw a decrease in Net profit from Rs. 6.68 Crore in the previous quarter
The EBITDA Margin for the company saw a 48 percent YoY growth, and the Operating PBT margin saw a growth of 13 percent for the same period. The board has recommended a dividend of Rs. 2 per share, which is 100 percent of the face value of Rs. 2 each for FY25. The finalization will be subject to approval of the shareholders at the AGM of the Company.
About the Company
Greaves Cotton Limited is an Indian engineering company with a long legacy, founded in 1859. Traditionally, Greaves was best known for manufacturing diesel engines, pumpsets, and gensets, serving automotive, industrial, and agricultural sectors. However, in recent years, Greaves has strategically transformed itself into a clean mobility and electric vehicle (EV) player.
Written By Abhishek Das
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