Greaves Cotton Ltd

The transcript does not explicitly mention the current or expected order book or pending orders for Greaves Cotton Limited. However, the following related points highlight the company's growth and demand environment: - Energy Solutions segment expects a robust demand growth of 10% to 12% CAGR over the next 5 years supported by structural drivers like infrastructure expansion and power reliability challenges. - Strong order momentum in energy solutions and mobility solutions with 21% and 15% year-on-year growth respectively in the first 9 months of FY26. - Export OEM partnerships, especially in Europe, continue to contribute positively with good order flow. - New product development and expansion into international markets are expected to increase order intake going forward. - The aftermarket and service business growth indicates a healthy recurring order pipeline. For precise order book details, the company may disclose such info post IPO or in future detailed disclosures.

- Greaves Cotton Limited plans to fund its ₹500-700 crore CAPEX for core business growth internally through operating cash flow and current cash balance of approximately ₹250 crore. - There is no current plan for additional debt raising as the company is confident in generating sufficient internal cash flows to support investments. - Regarding Greaves Electric Mobility, the primary fundraising plan is an IPO aimed at raising about ₹1,000 crore, with no alternative Plan B currently envisioned. - The IPO proceeds will fund Greaves Electric Mobility’s growth aspirations, with a significant portion through primary issue and some through offer for sale. - Greaves Cotton is actively evaluating inorganic growth opportunities (M&A and JV) but has not disclosed specific plans for raising new equity or debt beyond the IPO for Greaves Electric Mobility.

- Greaves Cotton has planned a CAPEX of ₹500 to ₹700 crores focused on core business growth under the ‘GREAVES.NEXT’ strategy. - This investment targets three areas: - Product development to enhance and innovate for international markets and high-tech areas. - Capability development including manufacturing automation and digital technologies. - Expansion into new geographies, especially international markets. - The CAPEX is expected to be front-loaded in the next 2 years, then taper down as investments start to yield returns. - Funding for CAPEX will come from internal accruals and existing cash reserves (~₹250 crores). - Greaves Technologies is also being leveraged for growth, including expanding engineering and R&D services externally, complementing internal use. - A dedicated M&A team is actively evaluating inorganic growth opportunities synergistic to energy, mobility, and industrial segments, expected to add on top of the 16-18% organic growth target.

- Targeting 16% to 18% organic CAGR growth over the next few years as per the ‘GREAVES.NEXT’ strategy. - Energy solutions growing at 21% year-on-year driven mainly by domestic sales; aftermarket and spares growing faster at 40%. - Mobility solutions growing at 15% year-on-year; focus on electric powertrain and expanded geographic presence. - Industrial solutions showing modest 3% growth but expected to pick up with infrastructure expansion and new markets like Middle East and Africa. - Genset market expected to grow 10% to 12% CAGR over next 5 years, supported by urbanization and power reliability needs. - Export markets especially Europe showing opportunities, supported by recent OEM partnerships and improved trade conditions. - Inorganic growth plans on top of organic growth through targeted acquisitions in synergistic areas. - Expansion financed via planned CAPEX of Rs. 500–700 crores, focused on product development, capability building, and geographic expansion.

- Greaves Cotton targets a **16% to 18% organic growth CAGR** over the next few years, with any inorganic growth being additional. - The company aims to grow core businesses through technology improvements and expanding engineering and R&D (ER&D) services. - Energy solutions segment has shown **21% YoY growth**, driven by domestic sales and aftermarket/spares growth, with expectations of continued momentum. - Mobility solutions grew **15% YoY**, with diesel engines maintaining 18-20% market share, and an increasing focus on electric powertrain technologies. - Industrial solutions showed modest growth (~3% YoY), with future opportunities in fire pumps and international markets. - CAPEX of Rs. 500 to 700 crores planned for product development, capability building, and geographic expansion, fueling growth and profitability. - The company is focused on disciplined execution, operational efficiency, and cash generation, supporting sustained margin expansion and profit growth.