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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
46 announcements match the current filters (relevance ≥ 5).
Greaves Cotton Announces Rs 2 Dividend; Sets Record Date for July 28, 2026
Greaves Cotton Limited has scheduled its 107th Annual General Meeting (AGM) for August 4, 2026. The company has recommended a dividend of Rs. 2 per equity share for the financial year ended March 31, 2026, which represents a 100% payout on the face value of Rs. 2. The record date to determine shareholder eligibility for this dividend is July 28, 2026. If approved at the AGM, the dividend will be disbursed to eligible shareholders on or before September 2, 2026.
Key Highlights
Recommended dividend of Rs. 2 per equity share for FY 2025-26.
Record date for dividend eligibility is fixed as Tuesday, July 28, 2026.
107th Annual General Meeting scheduled for August 4, 2026, via video conferencing.
Book closure period set from July 29, 2026, to August 4, 2026.
Dividend payment to be completed by September 2, 2026, subject to shareholder approval.
👀 What to Watch
Investors interested in the dividend should ensure they own the shares before the ex-dividend date, which is typically one business day prior to the July 28 record date. Shareholders should also attend the virtual AGM on August 4 to stay updated on the company's strategic direction.
Greaves Electric Mobility Launches Reo VYB E2W Priced at ₹69,499
Greaves Cotton's subsidiary, Greaves Electric Mobility Limited, has launched the Ampere Reo VYB, a new entry-level electric scooter priced at ₹69,499. The vehicle is equipped with a Lithium Ferro Phosphate (LFP) battery, offering a range of 80 km and a top speed of 25 kmph. This launch aims to capture the growing demand in Tier II and III cities and the last-mile delivery segment. The company is leveraging its existing network of over 400 touchpoints to support after-sales service for this new model.
Key Highlights
Launched Ampere Reo VYB at an introductory price of ₹69,499 to expand entry-level E2W portfolio.
Features a Lithium Ferro Phosphate (LFP) battery with a life of up to 1,00,000 kms and 80 km true range.
The scooter is a low-speed model (25 kmph) designed for urban commutes and first-time EV buyers.
Includes premium features like a color LCD digital cluster, keyless start, and 24 liters of under-seat storage.
Comes with a 3-year or 30,000 km warranty supported by 400+ pan-India service touchpoints.
👀 What to Watch
Investors should monitor the sales volume of this entry-level model as it targets a high-growth mass market segment. Additionally, keep an eye on the progress of the subsidiary's proposed IPO, which could serve as a significant value-unlocking event for Greaves Cotton.
Greaves Cotton to Invest Rs 50 Crore in Subsidiary Greaves Finance via Rights Issue
Greaves Cotton Limited has approved a further investment of approximately Rs 50 Crores in its wholly owned subsidiary, Greaves Finance Limited (GFL). GFL is an NBFC focused on retail electric vehicle financing, which has seen its turnover grow rapidly from Rs 5.75 Crores in FY24 to Rs 39.52 Crores in FY26. The capital infusion will be used for on-lending and general corporate purposes to support GFL's expansion in the EV ecosystem. The transaction is expected to be completed by June 5, 2026, with GFL remaining a 100% subsidiary.
Key Highlights
Investment of approximately Rs 50 Crores into Greaves Finance Limited via rights basis subscription.
Greaves Finance Limited turnover grew from Rs 17.72 Crores in FY25 to Rs 39.52 Crores in FY26.
GFL reported a net worth of Rs 103.63 Crores as of March 31, 2026.
Funds are earmarked for business expansion and on-lending in the retail e-vehicle financing sector.
The acquisition of additional shares is expected to be finalized by June 5, 2026.
👀 What to Watch
Investors should view this as a strategic move to strengthen the company's EV ecosystem by scaling its financing arm. Monitor the subsidiary's ability to maintain its high turnover growth rate while managing credit risk in the EV lending space.
Greaves Cotton FY26 Core Revenue Exceeds INR 2,600Cr; Diversification Strategy Yields Results
Greaves Cotton has successfully transitioned from an engine-focused company to a diversified engineering player, with core business revenue exceeding INR 2,600 crore and EBITDA of INR 380 crore in FY26. The company's revenue mix is now balanced across Engines (51%), Retail/Aftermarket (22%), and E-Mobility (19%). International business contributes 13% to the total revenue, reflecting a growing global footprint. The company is also preparing for the IPO of its electric mobility subsidiary, GEML, to capitalize on the EV transition.
Key Highlights
Core business revenue reached INR 2,600Cr+ with an EBITDA of INR 380Cr+ in FY26.
Successfully diversified revenue mix with Engines now accounting for 51% and E-Mobility at 19%.
International business revenue contribution stands at 13% of total revenue.
Energy solutions market (gensets) projected to grow from INR 14,000Cr in FY25 to INR 22,000Cr by FY30.
Greaves Electric Mobility Limited (GEML) has filed a DRHP for an Initial Public Offering.
👀 What to Watch
Investors should monitor the upcoming IPO of the e-mobility subsidiary and the company's progress in the high-growth genset market. The successful diversification reduces reliance on traditional diesel engines, making it a more resilient long-term play.
Greaves Cotton Reports 22% Q4 Revenue Growth and Highest Annual Revenue in 10 Years
Greaves Cotton Limited delivered a strong performance in Q4 FY26, recording a 22% year-on-year consolidated revenue growth alongside improved profitability. The company achieved its highest annual revenue on both a consolidated and standalone basis in the last 10-year period. The Energy Solutions business grew by 18% in Q4, while the automotive business within Mobility Solutions surged by 48% year-on-year. Additionally, international revenues increased to 13% of total revenue in FY26, up from 9% in FY25.
Key Highlights
Consolidated revenue grew by 22% year-on-year in Q4 FY26, achieving a 10-year high for annual revenue.
Energy Solutions business registered 18% growth in Q4, securing its single largest institutional order worth INR 35 crores.
Automotive business delivered 48% year-on-year growth in Q4, driven by strong domestic demand for three-wheeler diesel engines.
International revenues expanded to 13% of total revenue in FY26, up from 9% in the previous fiscal year.
Greaves Electric Mobility reported full-year FY26 revenue of INR 786 crores, up 19% year-on-year, with a 51% volume growth as per Vahan.
👀 What to Watch
Investors should view these results positively as the company demonstrates strong execution across its core and electric mobility segments. Monitor the scaling of the new EV product pipeline and the margin improvements from exiting non-core businesses.
Greaves Cotton Q4FY26 Revenue Jumps 22% to ₹1000 Cr; Operating PBT Margins Up 210 Bps
Greaves Cotton reported a robust performance for Q4FY26 with consolidated revenue reaching ₹1000 crore, a 22% YoY increase. The company achieved significant margin expansion with operating PBT margins rising by 210 bps, supported by double-digit growth across all core business segments. The international business contribution grew to 13% of core revenue, while the electric mobility division saw a 51% annual growth in registrations. Management's focus on execution under the Greaves.Next strategy is driving improved profitability and market share gains.
Key Highlights
Consolidated Q4FY26 revenue grew 22% YoY to ₹1000 crore; FY26 revenue reached ₹3437 crore.
Operating PBT margins expanded by 210 bps, with Q4 consolidated EBITDA standing at ₹68 crore.
International business contribution increased from 9% to 13% of core revenue in FY26.
Greaves Electric Mobility (GEML) recorded 61,597 VAHAN registrations in FY26, a 51% annual growth.
Greaves Finance AUM scaled to over ₹521 crore with new OEM partnerships including Suzuki and Ultraviolette.
👀 What to Watch
Investors should note the strong execution and margin improvement across diversified segments. The upcoming IPO of the electric mobility subsidiary (GEML) remains a key catalyst for potential value unlocking.
Greaves Cotton FY26 Revenue Hits ₹3,437 Cr; Core Business EBITDA Up 12%
Greaves Cotton reported a consolidated revenue of ₹3,437 crore for FY26, driven by a 16% growth in its core business segments. The company's international business share increased significantly to 13%, up from 9% in the previous year, reflecting successful global expansion. Core EBITDA for the full year stood at ₹383 crore with a margin of 14.4%, supported by strong performance in Energy and Mobility solutions. The EV arm, Greaves Electric Mobility, maintained its position among the top 6 E-2W players in India.
Key Highlights
Consolidated FY26 revenue reached ₹3,437 crore, with core business contributing ₹2,665 crore (up 16% YoY).
International business revenue share rose to 13% in FY26, driven by global OEM partnerships.
Energy Solutions segment grew by 20% YoY to ₹742 crore, while Mobility Solutions rose 16% to ₹1,584 crore.
Core business EBITDA for FY26 increased by 12% to ₹383 crore with a healthy margin of 14.4%.
Non-3W Diesel engine OE business now accounts for 63% of the Auto Engines segment.
👀 What to Watch
Investors should note the successful diversification into non-diesel segments and the growing contribution of international revenue. The steady performance of the EV business and margin improvement in core segments suggest a positive long-term outlook.
Greaves Cotton FY26 Revenue Up 19% to ₹2,365 Cr; Recommends ₹2 Dividend
Greaves Cotton reported a robust 19% growth in standalone annual revenue for FY26, reaching ₹2,364.56 crore. While the full-year Profit After Tax (PAT) grew by 7.6% to ₹200.07 crore, the Q4 FY26 PAT declined to ₹47.75 crore from ₹61.81 crore YoY, impacted by exceptional impairment charges of ₹15.98 crore. The company has maintained its dividend at ₹2 per share and continues to strengthen its portfolio by increasing its stake in Excel Controlinkage to 80%.
Key Highlights
Annual standalone revenue increased by 18.9% to ₹2,364.56 crore compared to ₹1,988.02 crore in FY25.
Full-year standalone Profit After Tax (PAT) rose to ₹200.07 crore from ₹185.87 crore in the previous year.
Recommended a final dividend of ₹2 per equity share (100% of face value) for FY26.
Exceptional items for the year totaled ₹35.31 crore, including asset impairments and a ₹15.75 crore provision for new Labour Codes.
Increased aggregate shareholding in material subsidiary Excel Controlinkage Private Limited to 80% for ₹55.88 crore.
👀 What to Watch
Investors should view the steady top-line growth and consistent dividend payout as positive signs of operational stability. The strategic increase in stake in Excel Controlinkage suggests a focus on higher-margin business segments, which may drive future valuation.
Greaves Cotton Reports FY26 Revenue of ₹2,365 Cr, Recommends ₹2 Final Dividend
Greaves Cotton reported a steady standalone performance for FY26, with revenue growing 19% YoY to ₹2,364.56 crore. The Board has recommended a final dividend of ₹2 per share, maintaining the payout level from the previous year. While annual standalone profit rose to ₹200.07 crore, the Q4 FY26 profit saw a decline to ₹47.75 crore from ₹61.81 crore YoY, primarily due to an exceptional impairment charge of ₹15.98 crore. The company also strengthened its portfolio by increasing its stake in Excel Controlinkage to 80% during the fiscal year.
Key Highlights
Recommended a final dividend of ₹2 per equity share (100% of face value) for FY26.
Standalone FY26 Revenue from Operations grew 19% YoY to ₹2,364.56 crore.
Standalone Net Profit for FY26 increased to ₹200.07 crore compared to ₹185.87 crore in FY25.
Q4 FY26 Standalone Profit stood at ₹47.75 crore, impacted by a ₹15.98 crore impairment charge.
Increased aggregate shareholding in material subsidiary Excel Controlinkage Private Limited to 80%.
👀 What to Watch
Investors should maintain a neutral stance as steady revenue growth is currently offset by exceptional impairment costs and a dip in quarterly profitability. Monitor the consolidated results for the performance of the EV and finance subsidiaries to gauge long-term value creation.
Greaves Cotton Appoints Vinay Pawar as Group CTO to Lead Technology and Mobility Innovation
Greaves Cotton Limited has appointed Mr. Vinay Pawar as the Group Chief Technology Officer effective May 04, 2026. Mr. Pawar brings nearly 30 years of extensive experience in automotive electronics, industrial automation, and connected mobility. His previous leadership roles at major firms like Spark Minda, Bosch, and Continental suggest a strategic push towards advanced engineering. This appointment is expected to bolster the company's technological capabilities in the evolving mobility and EV landscape.
Key Highlights
Appointment of Mr. Vinay Pawar as Group Chief Technology Officer effective May 04, 2026
Nearly 30 years of experience in automotive electronics, industrial automation, and embedded systems
Former leadership roles at Spark Minda Group, KPIT Technologies, Continental Automotive, Bosch, and ABB
Educational background includes a Bachelor’s in Instrumentation Engineering, an MBA, and a PGP in AI/ML
👀 What to Watch
Investors should view this as a positive step towards strengthening the company's R&D and technological roadmap in the EV sector. Monitor how his expertise in AI/ML and connected mobility translates into new product developments.
Greaves Cotton Subsidiary Launches Ampere Magnus Neo Electric Scooter at Rs 86,999
Greaves Electric Mobility, a subsidiary of Greaves Cotton, has launched the Magnus Neo electric scooter under its Ampere brand, priced starting at Rs 86,999. The new variant focuses on urban maneuverability with a reduced kerb weight of 103 kg and a lower seat height of 777 mm. It features advanced LFP battery technology designed to last up to 10 years, offering twice the life cycle of standard batteries. This launch is a strategic move to strengthen the company's EV portfolio as the subsidiary prepares for its proposed IPO.
Key Highlights
New Magnus Neo electric scooter launched with a starting price of Rs 86,999
Features a lightweight 103 kg kerb weight and a 777 mm seat height for better city handling
Equipped with LFP battery technology offering a 10-year lifespan and 2x extra battery life cycle
The Magnus platform holds a record for a 2,300+ km journey from Bengaluru to Delhi
Subsidiary Greaves Electric Mobility has already filed a DRHP for a potential IPO
👀 What to Watch
Investors should track the sales performance of the Magnus Neo as it targets the mass-market EV segment. Success in this category will be crucial for the valuation of the subsidiary's upcoming IPO and Greaves Cotton's overall transition to a green mobility provider.
Greaves Cotton Appoints Manish Poddar as Group CFO; Succeeds Akhila Balachandar
Greaves Cotton Limited has announced the appointment of Manish Poddar as its new Group Chief Financial Officer, effective March 19, 2026. Poddar, a Chartered Accountant with over 25 years of experience, succeeds Akhila Balachandar, who is stepping down to pursue other professional opportunities. He will lead the Finance and IT functions and is expected to drive the 'Greaves.NEXT' strategy focused on Energy, Mobility, and Industrial Solutions. His previous experience includes leadership roles at GMM Pfaudler Ltd and Greencell Mobility, involving work with major Private Equity firms like Bain Capital.
Key Highlights
Manish Poddar appointed as Group CFO effective March 19, 2026
Brings over 25 years of experience in financial leadership and corporate governance
Previously held senior roles at Greencell Mobility and GMM Pfaudler Ltd
Tasked with supporting the 'Greaves.NEXT' strategy for sustainable growth
Succeeds Akhila Balachandar who is stepping down from the role
👀 What to Watch
Investors should monitor if the new CFO's extensive experience in mobility and private equity-backed firms helps accelerate the company's diversification and the proposed IPO of its electric mobility subsidiary.
Greaves Cotton Appoints Manish Poddar as Group CFO Effective March 19, 2026
Greaves Cotton Limited has announced a transition in its senior leadership with the appointment of Mr. Manish Poddar as the Group Chief Financial Officer, effective March 19, 2026. He succeeds Mrs. Akhila Balachandar, who resigned from the CFO position citing personal reasons and other priorities. Mr. Poddar is a seasoned finance professional with over 25 years of experience across various sectors, including previous CFO roles at GMM Pfaudler and GreenCell Mobility. The Board approved these changes in a meeting held on March 13, 2026.
Key Highlights
Mr. Manish Poddar appointed as Group CFO and KMP effective March 19, 2026
Outgoing CFO Mrs. Akhila Balachandar to step down on March 19, 2026
New CFO brings over 25 years of experience in finance, treasury, and investor relations
Mr. Poddar previously served as CFO for GMM Pfaudler Limited and GreenCell Mobility
👀 What to Watch
Investors should monitor the transition for any shifts in financial strategy, though the appointee's strong pedigree in listed companies suggests a focus on continuity and governance.
Greaves Cotton Appoints Manish Poddar (25+ Yrs Exp) as Group CFO; Akhila Balachandar Resigns
Greaves Cotton Limited has announced a leadership transition in its finance department, with Mrs. Akhila Balachandar resigning as CFO effective March 19, 2026, for personal reasons. To ensure continuity, the board has appointed Mr. Manish Poddar as the new Group CFO starting the same day. Mr. Poddar is a highly experienced professional with over 25 years in finance and strategy, having previously served in leadership roles at GMM Pfaudler and Sun Pharmaceutical. This planned succession suggests a smooth transition in the company's financial management and strategic oversight.
Key Highlights
Mrs. Akhila Balachandar to step down as CFO and Key Managerial Personnel effective March 19, 2026.
Mr. Manish Poddar appointed as Group CFO and KMP starting March 19, 2026.
Incoming CFO Manish Poddar brings over 25 years of experience in finance, treasury, and investor relations.
Mr. Poddar's previous leadership roles include CFO positions at GMM Pfaudler Limited and GreenCell Mobility.
The board meeting for these approvals was conducted on March 13, 2026, lasting approximately 45 minutes.
👀 What to Watch
Investors should monitor the transition for any changes in financial reporting or capital allocation strategies under the new CFO. The appointment of a seasoned professional from established firms like GMM Pfaudler is generally a positive sign for corporate governance.
Greaves Cotton Appoints Manish Poddar as Group CFO Following Akhila Balachandar's Resignation
Greaves Cotton Limited has announced a transition in its top financial leadership effective March 19, 2026. Mrs. Akhila Balachandar has resigned from the position of Chief Financial Officer citing personal reasons and other priorities. To succeed her, the Board has appointed Mr. Manish Poddar as the new Group CFO. Mr. Poddar brings over 25 years of extensive experience in finance, treasury, and strategic business partnering from reputable firms like GMM Pfaudler and Sun Pharmaceutical Industries.
Key Highlights
Resignation of Mrs. Akhila Balachandar as CFO effective March 19, 2026
Appointment of Mr. Manish Poddar as Group CFO and Key Managerial Personnel starting March 19, 2026
Mr. Manish Poddar possesses over 25 years of experience in finance, treasury, and investor relations
The new CFO has previously served in leadership roles at GMM Pfaudler, Sun Pharma, and Louis Dreyfus
Board meeting for these approvals concluded on March 13, 2026, within 45 minutes
👀 What to Watch
Investors should monitor the transition for any changes in financial strategy or capital allocation under the new leadership. No immediate action is required as the successor has a strong professional pedigree in the manufacturing and pharma sectors.
Greaves Cotton Subsidiary Expands to Nepal with Ampere Nexus Electric Scooter Launch
Greaves Electric Mobility (GEM), a subsidiary of Greaves Cotton, has announced its international expansion into Nepal through a partnership with STC Auto Solution Private Limited. The company is launching its flagship Ampere Nexus electric two-wheeler, specifically engineered to handle Nepal's rugged terrain and high-altitude conditions. This move leverages GEM's 17 years of EV experience and its network of 3 manufacturing plants to tap into the growing Nepalese EV market. The expansion comes as GEM prepares for its own IPO, having filed a Draft Red Herring Prospectus in December 2024.
Key Highlights
Strategic partnership with STC Auto Solution Private Limited for distribution across Nepal.
Launch of Ampere Nexus, featuring LFP battery technology and a 7-inch TFT touchscreen.
Product proven in extreme conditions, including the 13,200 ft Shipki La Pass and 70 hairpin bends at Kolli Hills.
GEM operates 3 manufacturing plants in India and has over 400 dealer touchpoints.
Expansion aligns with the subsidiary's upcoming IPO plans following its DRHP filing in late 2024.
👀 What to Watch
Investors should view this as a positive step towards diversifying revenue streams beyond the Indian market. Monitor the sales performance in Nepal and the progress of the subsidiary's IPO as key valuation drivers for Greaves Cotton.
Greaves Cotton Targets 13-15% Organic Growth and 16-20% EBITDA Margins
Greaves Cotton has unveiled its 'GREAVES.NEXT' strategy, transitioning from a single-product company to a diversified engineering solutions provider. The company has set ambitious financial targets including a 13-15% organic growth rate and EBITDA margins of 16-20%. A capital investment plan of ₹500-700 crore is slated for product development, automation, and modernization. Additionally, the company confirmed that its subsidiary, Greaves Electric Mobility Limited, has filed a DRHP for an IPO, representing a significant potential value-unlocking event.
Key Highlights
Targeting 13-15% organic growth and 16-20% EBITDA margins through portfolio optimization.
Planned investment of ₹500-700 crore in R&D, automation, and modernization.
Greaves Electric Mobility Limited (GEML) has filed a DRHP for an Initial Public Offering.
Expanding international footprint with presence in 16 countries and a partnership with European OEM Ligier.
Strategic shift towards Energy Solutions to make it a dominant part of the business portfolio.
👀 What to Watch
Investors should focus on the upcoming IPO of the electric mobility subsidiary as a major catalyst for re-rating. Monitor the company's ability to maintain the 16-20% margin guidance amidst its transition to a solutions-based model.
Greaves Electric Mobility to Launch Ampere 6th Gen Scooter in FY27 for Sub-Rs 1 Lakh Segment
Greaves Cotton's subsidiary, Greaves Electric Mobility (GEML), has announced the upcoming launch of its 6th Gen Ampere electric scooter in FY27. The product specifically targets the high-volume sub-Rs 1 lakh category, aiming to compete directly with petrol-powered scooters by offering 50% lower running costs. GEML currently has over 3 lakh vehicles on the road and a network of 400+ service touchpoints. This strategic move is designed to capture market share in the largest volume segment of the Indian scooter market ahead of GEML's proposed IPO.
Key Highlights
Targeting the sub-Rs 1 lakh price segment, the largest volume opportunity in India's scooter market.
Planned launch in FY27 with features like OTA updates, AI/ML connectivity, and remote diagnostics.
Aims to reduce running costs by 50% compared to traditional internal combustion engine (ICE) scooters.
GEML currently operates 3 manufacturing plants and maintains over 400 dealer touchpoints across India.
👀 What to Watch
Investors should monitor the development and launch timeline of this mass-market scooter as it could significantly drive volume growth for the mobility business. Additionally, track the progress of the subsidiary's (GEML) IPO as per the recently filed DRHP.
Greaves Cotton Q3 FY26: EV Volumes Up 40% QoQ, 9M Energy Solutions Revenue Grows 21%
Greaves Cotton reported strong growth across its core and electric mobility segments in Q3 FY26, with energy solutions leading the way at 21% YoY growth for the first nine months. The electric vehicle arm, Greaves Electric Mobility, saw a significant 40% QoQ jump in VAHAN volumes to over 18,000 units, increasing its market share to 5%. The company is executing its 'GREAVES.NEXT' strategy, targeting a 16-20% organic CAGR and planning investments of 500-700 crores in new technologies. Exports now contribute 14% of total revenue, reflecting successful international expansion.
Key Highlights
Electric 2W VAHAN volumes grew 40% QoQ to 18,000+ units, reaching a 5% market share in Q3.
Energy solutions segment revenue increased 21% YoY in 9M FY26, with spares and services up 40%.
Company plans to invest 500-700 crores in R&D, fuel-agnostic engines, and capacity expansion.
Mobility solutions revenue grew 15% YoY in 9M FY26, supported by export OEM partnerships.
L5 electric 3W volumes achieved 33% QoQ growth, marking the strongest quarterly performance for the segment.
👀 What to Watch
Investors should monitor the sustainability of the EV market share gains and the execution of the 500-700 crore investment plan. The diversification into fuel-agnostic engines and international markets provides a strategic hedge against domestic volatility.
Greaves Cotton Q3 FY26: Revenue Up 17% YoY to ₹875 Cr, EBITDA Surges 57%
Greaves Cotton reported a robust performance for Q3 FY26, with consolidated revenue growing 17% YoY to ₹875 crore and EBITDA surging 57% to ₹62 crore. The company's EV arm, Greaves Electric Mobility, saw a significant 40% QoQ volume growth in 2-wheelers, capturing a 5% market share. The Energy Solutions segment also showed strong momentum, recording 21% YoY growth in 9M FY26. Strategic diversification into financing and international markets is yielding results, with international business now contributing 14% of total revenue.
Key Highlights
Consolidated 9M FY26 revenue reached ₹2,436 crore, representing a 16% increase YoY.
9M FY26 EBITDA grew by 90% YoY to ₹171 crore, with margins improving from 4.3% to 7.0%.
EV 2-wheeler market share rose to 5.0% in Q3 FY26, with VAHAN volumes increasing 40% QoQ to 18,000+ units.
Greaves Finance (GFL) managed AUM reached ₹441 crore with cumulative disbursements crossing ₹640 crore.
Energy Solutions business achieved 21% YoY growth in 9M FY26, reaching ₹506 crore.
👀 What to Watch
Investors should note the significant margin expansion and the recovery in EV market share as signs of successful strategic execution. The stock remains a key play on India's engineering and EV transition, though monitoring the competitive intensity in the EV space is advised.
