Greaves Cotton Limited · NSE:GREAVESCOT
Greaves Cotton — Investor Presentation (May 2026)
36 slides from Greaves Cotton's investor presentation, May 27, 2026
Slide 1: Cover letter to stock exchanges
27th May, 2026 The Manager – Listing The Manager - Listing BSE Limited National Stock Exchange of India Limited BSE Code – 501455 NSE Code - GREAVESCOT Dear Sir / Madam, Sub.: Investor Presentation In furtherance to our intimation dated 22nd May, 2026 and pursuant to Regulation 30 of SEBI (Listing O
Slide 2: Investor Presentation May 2026
Investor Presentation May 2026
Slide 3: Disclaimers
Disclaimers This presentation may include statements of future expectations and other forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects upon Greaves Cotton Limited and its subsidiaries/ associates ("Greaves").
Slide 4: Agenda
Our Story Our businesses Agenda What powers us Synthesis 3
Slide 5: A Journey of Growth Since 1859
1. Our Story A Journey of Growth Since 1859 Built on Legacy. Driving India Forward 1859 1947 1998 2006 2023 2025 Founded by James Greaves; Became an Indian company Partnered with Piaggio Inaugurated the R&D Acquired Excel Controlinkage, Launched G499W Euro V+ diesel later strengthened by George unde
Slide 6: Successfully transformed from a single-product led player to a diversified multi-business company
1. Our Story Successfully transformed from a single-product led Strategic diversification player to a diversified multi-business company achieved through expansion into new businesses / new Transformed Revenue mix at H1FY26 with a markets / new products Till 2016 –Single product focused balanced mul
Slide 7: Greaves Cotton – Business Structure
1. Our Story Greaves Cotton – Business Structure ENERGY SOLUTIONS GREAVES ELECTRIC MOBILITY LTD B2B B2C MOBILITY SOLUTIONS Core Investee Businesses Businesses GREAVES FINANCE LTD INDUSTRIAL SOLUTIONS 6
Slide 8: Trusted future-ready Engineering Company
1. Our Story Trusted future-ready Engineering Company Manufacturing & Distribution Footprint 165+ yrs INR 2,600Cr+ INR 380Cr+ Rich Revenue 1 EBITDA Engineering Excellence 8 Regional Offices 9 Factories 20,000+ 13% Mechanic Network International 1 lakh+ 60 lakh+ Engines in use Business Gensets in use
Slide 9: Agenda
Our Story Our businesses • Our Strategy • Energy Solutions • Mobility Solutions Agenda • Industrial Solutions What powers us Synthesis 8
Slide 10: We have launched our strategy - GREAVES.NEXT
2 Our Business - Strategy We have launched our strategy - GREAVES.NEXT Positioned as a Trusted, Future-Ready, Innovative Engineering Solutions Company EXPAND INTO NEW HORIZONS Expand into new segments guided by megatrends and leveraging our core strengths BUILD NEW MUSCLE ON TO THE CORE Build new mu
Slide 11: Multi Year Transformation across Key Focus Areas
2 Our Business - Strategy Multi Year Transformation across Key Focus Areas Strengthen Enhance Breakout growth in MOBILITY SOLUTIONS INDUSTRIAL ENERGY SOLUTIONS SOLUTIONS GROWTH OFFERING Accelerate the Core Accelerate the Core Accelerate the Core • Pivot from product company to • Deepen OEM collabora
Slide 12: Energy Solutions
GREAVES Empowering Lves Energy Solutions
Slide 13: Sustained demand for gensets with 20%+ growth rate, modest base in 100-625 KVA segments
2A. Our Business – Energy Solutions Sustained demand for gensets with 20%+ growth rate, modest base in 100-625 KVA segments with large headroom to grow Market was ~14k Cr (FY25) and expected to grow at GCL has modest presence in 100-625KVA segments, 10%, reaching ~22k Cr. large headroom for growth M
Slide 14: Greaves Proposition | Strong portfolio with economical cost-of-ownership; 5-year warranty
2A. Our Business – Energy Solutions Greaves Proposition | Strong portfolio with economical cost-of-ownership; 5-year warranty; focus on growing aftermarket potential Robust product offering with pan-India service Ramp up underway to tap full spectrum of aftermarket presence and 5-year warranty prote
Slide 15: Mobility Solutions
GREAVES Empowering Lves Mobility Solutions
Slide 16: Engines Components Aftermarket
Engines Components Aftermarket 15
Slide 17: L5-3W market set for sustained growth; incremental growth driven by export opportunities
2B. Our Business – Mobility Solutions L5-3W market set for sustained growth; incremental growth driven by export opportunities Pioneering engineering development: Greaves’s single 782 cylinder diesel engines powering ~6% Ligier microcars sold across 10+ 172 European countries 512 1 189 448 214 2 322
Slide 18: Engines Components Aftermarket
Engines Components Aftermarket 17
Slide 19: Capability to offer a wide range of products across motion control systems
2B. Our Business – Mobility Solutions Capability to offer a wide range of products across motion control systems Product range Application Automotive Construction Agriculture Control Electronic Cable Rubber Levers control Railways Product coverage Marine 18
Slide 20: Key segments in India – varying in size & margin profile
2B. Our Business – Mobility Solutions Key segments in India – varying in size & Excel's Strengths margin profile Construction 30+ years of trusted MHCV partnerships with leading OEMs, proven track record of Agriculture consistent, high-quality delivery SCV, LCV Margin profile End-to-end design-to- p
Slide 21: Engines Components Aftermarket
Engines Components Aftermarket 20
Slide 22: 3W Greaves' vehicle parc is expected to stabilize and show 5-7% growth
2B. Our Business – Mobility Solutions Volume in 000s 1,200 1,129 1,100 1,000 973 -15% 3W Greaves’ 900 850 vehicle parc is 800 716 5-7% expected to 700 600 576 572 623 stabilize and 539 500 show 5-7% 400 growth 300 200 100 FY 23 FY 24 FY 25 FY 26 FY 27 (E) FY 28 (E) FY 29 (E) FY 30 (E) 3W non-Bajaj p
Slide 23: Industrial Solutions
GREAVES Empowering Lves Industrial Solutions
Slide 24: Broad non-automotive application coverage tapping ~1,500 Cr market, delivering consistent 10–15% CAGR
2C. Our Business – Industrial Solutions Broad non-automotive application coverage tapping ~1,500 Cr market, delivering consistent 10–15% CAGR across segments Growth-CAGR Addressable with Diesel Engine Segments (5 Year) current portfolio Agriculture Construction engines poised Mini Reaper Weeder trac
Slide 25: Exports
GREAVES Exports
Slide 26: Established global presence with scalable model to support OEM growth
2. Our Business – International focus Established global presence with scalable model to support OEM growth Export footprint—Revenue spread across 70+ countries; key markets identified Expanding global OEM partnerships • Microcar engine supply partnership with European OEMs-Ligier • Machined Compone
Slide 27: Agenda
Our Story Our businesses What powers us Agenda • R&D • Manufacturing operations • Other enablers What we are building ahead Synthesis 26
Slide 28: R&D
GREAVES Empowering Live R&D 27
Slide 29: R&D Strengths & Capabilities
3. What Powers Us – R&D R&D Strengths & Capabilities Outsourcing Manpower Product development Certification Centre of excellence capabilities with GTL • 120+ trained team • Developed gensets • Member of • Design and • Stable base for GCL members with Biodiesel, Certification agencies Simulation, Pro
Slide 30: Manufacturing operations
Manufacturing operations 29
Slide 31: State-of-the-art manufacturing facilities: 5 factories
3. What Powers Us – Manufacturing State-of-the-art manufacturing facilities 5 factories Across Pune, Nagpur & CSN, etc World class Future-ready with High volume capacity Global quality standards Integrated operations machining centers Industry 4.0 High precision & special Scalable production lines I
Slide 32: ESG at the Core
3. What Powers Us – Manufacturing ESG at the Core Growth with Responsibility • Commitment towards environmental sustainability is reflected across all aspects of Greaves’ operations — from manufacturing processes to technological advancements — and is validated through ISO 14001:2015 certification.
Slide 33: Agenda
Our Story Our businesses Agenda What powers us Synthesis 32
Slide 34: Greaves.Next: growing in scale while diversifying in mix
4. Synthesis Greaves.Next: growing in scale while diversifying in mix to a future-ready, diversified Deliberate multi-segment expansion engineering company 5 year CAGR 10-15% 10-15% 14% 50-55% 15-20% 59% 25-30% 35-40% 27% FY25 Revenues 16-20% FY 30 Revenues overall Energy Solutions Mobility Solution
Slide 35: Greaves.Next: Way ahead
4. Synthesis Greaves.Next: Way ahead Increasing Energy Focused on sustained organic growth, Solutions share to complemented by selective inorganic opportunities make it a dominant part of portfolio Organic Growth Engine Expanding Beyond 16-20 CAGR % India with a focus on increasing International Bus
Slide 36: Thank You
Thank You Greaves Cotton Adfactors PR Ashish Kale Shubham Sangle ashish.kale@greavescotton.com shubham.sangle@adfactorspr.com Keya Muriya Mohit Upadhyay keya.muriya@greavescotton.com mohit.upadhyay@adfactorspr.com 35