Greaves Cotton Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 46.50 Cr
- Company Age 102 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 83.00 Cr
- Satisfied Charges ₹ 634.95 Cr
- Revenue Growth 31.68%
- Profit Growth 325.04%
- Ebitda 238.42%
- Net Worth 12.45%
- Total Assets 9.02%
About Greaves Cotton
Greaves Cotton Limited (GCL) was founded in India on 29 March 1922 and has a glorious history of 102 years and ten months. Its registered office is in Aurangabad, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 501455 and on the National Stock Exchange(NSE) under GREAVESCOT.
The Corporate was formerly known as Greaves Cotton & Co Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 46.50 Cr.
The company currently has active open charges totaling ₹83.00 Cr. The company has closed loans amounting to ₹634.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Greaves Cotton Limited India are Akhila Balachandar as CFO and Atindra Basu as Company Secretary. Karan Thapar, Raja Venkataraman, Firdose Vandrevala, and Five other members serve as directors at the Company.
Company Details
- LocationAurangabad, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1922PLC000987
- Company No.
000987
- Stock Symbol
BSE : 501455 NSE : GREAVESCOT
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1922
- Date of AGM
08 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Greaves Cotton Limited offer?
Greaves Cotton Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Roller Bearings, Hydraulic & Pneumatic Tools, Hydraulic Rock & Nut Splitter, Industrial Bearings, Engine & Engine Spare Parts, Industrial Engines, Building & Construction Machines, Concrete Equipment, Thrust Bearings.
Who are the key members and board of directors at Greaves Cotton?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Atindra Basu  | Company Secretary | 14-Aug-2018 | Current |
| Akhila Balachandar | CFO | 13-Jun-2023 | Current |
| Arup Basu | Managing Director | 12-May-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravi Kirpalani | Director | 12-May-2022 | Current |
| Raja Venkataraman | Director | 09-Feb-2023 | Current |
| Unnikrishnan Sukumarapanicker | Director | 22-Apr-2024 | Current |
| Firdose Vandrevala | Director | 15-Oct-2021 | Current |
| Karan Thapar | Director | 29-Sep-1991 | Current |
Nagesh Basavanhalli  | Director | 27-Sep-2016 | Current |
Financial Performance of Greaves Cotton.
Greaves Cotton Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.68% increase. The company also saw a substantial improvement in profitability, with a 325.04% increase in profit. The company's net worth Soared by an impressive increase of 12.45%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Greaves Cotton?
In 2023, Greaves Cotton had a promoter holding of 55.74% and a public holding of 44.26%. The company had 4 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vnit Nagpur Alumni AssociationUnnikrishnan Sukumarapanicker is a mutual person
Mondelez India Foods Private LimitedSree Patel is a mutual person
Greaves Electric Mobility Private LimitedKaran Thapar, Raja Venkataraman and 1 more are mutual person
Eicl LimitedKaran Thapar and Firdose Vandrevala are mutual person
Cde Asia LimitedRaja Venkataraman is a mutual person
Foseco India LimitedRavi Kirpalani is a mutual person
Charges (Loans)
₹83.00 Cr
₹634.95 Cr
Charges Breakdown by Lending Institutions
- Others : 42.00 Cr
- Hdfc Bank Limited : 41.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2023 | Hdfc Bank Limited | ₹41.00 Cr | Open |
| 20 Feb 2023 | Others | ₹42.00 Cr | Open |
| 06 Dec 2004 | Standard Chartered Bank | ₹40.00 Cr | Satisfied |
| 03 Aug 2004 | Rabo India Finance Private Limited | ₹20.00 Cr | Satisfied |
| 08 Oct 1994 | Syndicate Bank | ₹293.21 Cr | Satisfied |
How Many Employees Work at Greaves Cotton?
Greaves Cotton has a workforce of 381 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Greaves Cotton, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Greaves Cotton's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
