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ChangeOver the years, the name "Greaves Cotton" became synonymous with the Engineering business in India & abroad, Hence the board of director have decided to change the company's name to "Greaves Cotton Ltd". Greaves Cotton Ltd, a part of Thapar Group hol... More
Elgi Equipments is Asia largest manufacturer of air compressors and automobile service station equipment. Based in Coimbatore, the company derives nearly 20% of its revenues from exports to over 50 countries worldwide. In FY08, while the compressor s... More
| GREAVES COTTON | ELGI EQUIPMENTS | GREAVES COTTON/ ELGI EQUIPMENTS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 20.2 | 52.3 | 38.7% | View Chart |
| P/BV | x | 4.0 | 6.5 | 61.1% | View Chart |
| Dividend Yield | % | 3.7 | 0.5 | 811.4% |
 GREAVES COTTON  ELGI EQUIPMENTS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| GREAVES COTTON Mar-17 |
ELGI EQUIPMENTS Mar-16 |
GREAVES COTTON/ ELGI EQUIPMENTS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 177 | 162 | 109.5% | |
| Low | Rs | 115 | 114 | 101.1% | |
| Sales per share (Unadj.) | Rs | 66.9 | 89.1 | 75.1% | |
| Earnings per share (Unadj.) | Rs | 7.5 | 4.0 | 188.6% | |
| Cash flow per share (Unadj.) | Rs | 9.5 | 6.7 | 141.5% | |
| Dividends per share (Unadj.) | Rs | 5.50 | 1.00 | 550.0% | |
| Dividend yield (eoy) | % | 3.8 | 0.7 | 518.9% | |
| Book value per share (Unadj.) | Rs | 37.9 | 34.1 | 111.0% | |
| Shares outstanding (eoy) | m | 244.21 | 158.45 | 154.1% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 2.2 | 1.5 | 141.2% | |
| Avg P/E ratio | x | 19.4 | 34.5 | 56.2% | |
| P/CF ratio (eoy) | x | 15.4 | 20.6 | 74.9% | |
| Price / Book Value ratio | x | 3.9 | 4.0 | 95.5% | |
| Dividend payout | % | 72.9 | 25.0 | 291.6% | |
| Avg Mkt Cap | Rs m | 35,667 | 21,834 | 163.4% | |
| No. of employees | `000 | 1.8 | 2.0 | 88.9% | |
| Total wages/salary | Rs m | 1,601 | 2,602 | 61.5% | |
| Avg. sales/employee | Rs Th | 9,192.6 | 7,061.8 | 130.2% | |
| Avg. wages/employee | Rs Th | 900.3 | 1,301.2 | 69.2% | |
| Avg. net profit/employee | Rs Th | 1,035.7 | 316.7 | 327.0% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 16,344 | 14,124 | 115.7% | |
| Other income | Rs m | 505 | 92 | 550.6% | |
| Total revenues | Rs m | 16,849 | 14,215 | 118.5% | |
| Gross profit | Rs m | 2,434 | 1,314 | 185.2% | |
| Depreciation | Rs m | 469 | 426 | 110.1% | |
| Interest | Rs m | 8 | 122 | 6.6% | |
| Profit before tax | Rs m | 2,462 | 858 | 286.9% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 60 | 0 | - | |
| Tax | Rs m | 680 | 225 | 302.8% | |
| Profit after tax | Rs m | 1,841 | 633 | 290.7% | |
| Gross profit margin | % | 14.9 | 9.3 | 160.0% | |
| Effective tax rate | % | 27.6 | 26.2 | 105.6% | |
| Net profit margin | % | 11.3 | 4.5 | 251.2% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 6,330 | 6,702 | 94.4% | |
| Current liabilities | Rs m | 2,908 | 4,635 | 62.7% | |
| Net working cap to sales | % | 20.9 | 14.6 | 143.0% | |
| Current ratio | x | 2.2 | 1.4 | 150.5% | |
| Inventory Days | Days | 29 | 61 | 47.6% | |
| Debtors Days | Days | 60 | 66 | 91.0% | |
| Net fixed assets | Rs m | 3,068 | 4,526 | 67.8% | |
| Share capital | Rs m | 488 | 159 | 308.1% | |
| "Free" reserves | Rs m | 8,765 | 5,025 | 174.4% | |
| Net worth | Rs m | 9,253 | 5,410 | 171.0% | |
| Long term debt | Rs m | 0 | 1,391 | 0.0% | |
| Total assets | Rs m | 12,435 | 11,602 | 107.2% | |
| Interest coverage | x | 304.9 | 8.0 | 3,803.8% | |
| Debt to equity ratio | x | 0 | 0.3 | 0.0% | |
| Sales to assets ratio | x | 1.3 | 1.2 | 108.0% | |
| Return on assets | % | 14.9 | 6.5 | 228.3% | |
| Return on equity | % | 19.9 | 11.7 | 169.9% | |
| Return on capital | % | 27.3 | 14.4 | 189.6% | |
| Exports to sales | % | 0 | 10.9 | 0.0% | |
| Imports to sales | % | 0 | 5.0 | 0.0% | |
| Exports (fob) | Rs m | NA | 1,545 | 0.0% | |
| Imports (cif) | Rs m | NA | 706 | 0.0% | |
| Fx inflow | Rs m | 720 | 1,545 | 46.6% | |
| Fx outflow | Rs m | 444 | 772 | 57.5% | |
| Net fx | Rs m | 276 | 773 | 35.7% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 1,144 | 1,342 | 85.3% | |
| From Investments | Rs m | 359 | -251 | -143.1% | |
| From Financial Activity | Rs m | -1,479 | -1,012 | 146.1% | |
| Net Cashflow | Rs m | 24 | 79 | 30.3% | |
| Indian Promoters | % | 51.5 | 31.9 | 161.4% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 32.0 | 11.5 | 278.4% | |
| FIIs | % | 4.0 | 14.0 | 28.6% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 12.5 | 42.7 | 29.3% | |
| Shareholders | 40,512 | 20,376 | 198.8% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare GREAVES COTTON With: SUZLON ENERGY GE POWER INDIA LTD CG POWER & INDUSTRIAL SOLUTIONS LTD SHANTHI GEARS WELSPUN CORP
Compare GREAVES COTTON With: SHANGHAI ELEC. (China) DONGFANG ELEC. (China) ANSALDO STS (Italy) ABB (Switz.)
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After opening the day on a flat note, the Indian share markets have reversed the trend and are currently trading above the dotted line.
The company also saw order inflows of Rs 18 billion during the quarter, which was a massive 41% YoY lower than the previous year's quarter.
The domestic economy continues to grow largely in areas which are positively impacted through continuing government investments in infrastructure.
Decisions on government initiatives and private investments were stalled in anticipation of upcoming tax restructure.
Bank credit to industry remained muted and investment momentum was driven mostly by public sector spending.
Vast majority of private players remain more concerned with debt payback rather than starting new projects.
More Views on NewsThe data tells us quite a different story from the one the government is trying to project.
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The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.
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