Greaves Cotton (NSE:GREAVESCOT) Tax Expense: ₹796 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GREAVESCOT Greaves Cotton Ltd NSE:GREAVESCOT
76 GF Score
Price ₹249.46
GF Value ₹211.45
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Greaves Cotton Tax Expense?

Greaves Cotton NSE:GREAVESCOT -2.72% 76 Tax Expense is ₹796 Mil as of Mar. 2026. GuruFocus rates NSE:GREAVESCOT with a GF Score™ of 76/100 and a GF Value™ of ₹211.45 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Greaves Cotton's tax expense for the months ended in Mar. 2026 was ₹254 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹796 Mil.


Greaves Cotton  (NSE:GREAVESCOT) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Greaves Cotton Tax Expense Related Terms


Greaves Cotton Tax Expense Historical Data

* Premium members only.

The historical data trend for Greaves Cotton's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Greaves Cotton Tax Expense Chart

Greaves Cotton Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.70 430.60 941.70 787.80 796.20

Greaves Cotton Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 253.00 221.70 206.30 113.90 254.30
NSE:GREAVESCOT
76GF Score
Greaves Cotton Ltd NSE:GREAVESCOT
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greaves Cotton Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹796 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹796 Mil mean?
Greaves Cotton (NSE:GREAVESCOT) has a Tax Expense of ₹796 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Greaves Cotton and its competitors.
Is Greaves Cotton's Tax Expense too high?
Greaves Cotton's current Tax Expense is ₹796 Mil. Overall, Greaves Cotton has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Tax Expense compare to GEV and ETN?
Greaves Cotton's Tax Expense of ₹796 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for an Industrial Products company?
A good Tax Expense depends on the Industrial Products industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Greaves Cotton and its competitors. Greaves Cotton's current Tax Expense is ₹796 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹211.45, compared to a current price of ₹249.46 — trading 18% above its estimated fair value. The current Tax Expense is ₹796 Mil. Greaves Cotton's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Greaves Cotton (NSE:GREAVESCOT), the current Tax Expense is ₹796 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Greaves Cotton stock appears to be overvalued. The current stock price of ₹249.46 is trading 18% above its estimated GF Value™ of ₹211.45. GuruFocus considers Greaves Cotton to be Modestly Overvalued.

Key valuation signals for NSE:GREAVESCOT:

  • Tax Expense: ₹796 Mil
  • GF Value™: ₹211.45 vs. price of ₹249.46 (18% above fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the NSE:GREAVESCOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greaves Cotton Business Description

Other Exchanges 501455:India
Address LBS Marg, Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Kurla West, Mumbai, MH, IND, 400070
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
76GF Score

Get the complete analysis for NSE:GREAVESCOT

Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹249.46
Price
₹211.45
GF Value