Gretex Corporate Services Ltd
Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]
- Market Cap ₹ 594 Cr.
- Current Price ₹ 262
- High / Low ₹ 461 / 214
- Stock P/E 47.5
- Book Value ₹ 65.9
- Dividend Yield 0.12 %
- ROCE 12.7 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 66.4% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -2.22%
- Company has a low return on equity of 13.0% over last 3 years.
- Earnings include an other income of Rs.13.7 Cr.
- Working capital days have increased from 23.2 days to 144 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 2 | 3 | 1 | 3 | 4 | 14 | 21 | 21 | |
| 3 | 2 | 2 | 2 | 3 | 5 | 11 | 18 | |
| Operating Profit | -0 | 1 | -1 | 1 | 2 | 9 | 10 | 3 |
| OPM % | -12% | 22% | -78% | 35% | 38% | 63% | 49% | 13% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | -0 | 0 | -1 | 1 | 2 | 8 | 10 | 15 |
| Tax % | 10% | 20% | 2% | 3% | 3% | 22% | 26% | 16% |
| -1 | 0 | -1 | 1 | 2 | 6 | 7 | 12 | |
| EPS in Rs | -0.43 | 0.20 | -0.92 | 0.42 | 0.68 | 2.96 | 3.40 | 5.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 8% | 5% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 77% |
| 3 Years: | 68% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 102% |
| TTM: | 68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 185% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.65 | 0.65 | 0.65 | 0.90 | 1 | 10 | 12 | 12 |
| Reserves | 4 | 5 | 4 | 6 | 11 | 31 | 70 | 137 |
| 2 | 3 | 4 | 2 | 2 | 0 | 0 | 7 | |
| 1 | 1 | 1 | 1 | 1 | 6 | 4 | 2 | |
| Total Liabilities | 8 | 9 | 9 | 11 | 15 | 47 | 86 | 158 |
| 4 | 3 | 3 | 3 | 3 | 4 | 12 | 14 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 4 | 4 | 5 | 10 | 40 | 69 | 129 |
| 1 | 2 | 1 | 2 | 2 | 3 | 5 | 16 | |
| Total Assets | 8 | 9 | 9 | 11 | 15 | 47 | 86 | 158 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -0 | 0 | -0 | 1 | 2 | 9 | 3 | 0 | |
| 1 | -0 | -0 | -1 | -5 | -7 | -28 | -22 | |
| -0 | 0 | 1 | 1 | 3 | -2 | 26 | 26 | |
| Net Cash Flow | -0 | 0 | 0 | 0 | 0 | -0 | 1 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 25 | 49 | 144 | 41 | 15 | 37 | 20 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 15 | 25 | 49 | 144 | 41 | 15 | 37 | 20 |
| Working Capital Days | -8 | 45 | -62 | 79 | 23 | -83 | 9 | 144 |
| ROCE % | 7% | -10% | 12% | 16% | 31% | 16% | 13% |
Documents
Announcements
-
Announcement Under Regulation 30 Of SEBI (LODR), 2015 For Signing Of A Mandate With An Industrial Automation Solutions Company.
19 May - Intimation under SEBI Regulation 30 submitted; details not provided.
-
Appointment of Company Secretary and Compliance Officer
16 May - Appointed Ms. Bhavna Nishant Desai as Company Secretary & Compliance Officer on May 16, 2025.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 In Relation To Material Subsidiary
16 May - Ms. Rashmi Vyas appointed Company Secretary of Gretex Share Broking Ltd from 15 May 2025.
-
Board Meeting Outcome for Intimation W.R.T Regulation 33 Of SEBI (LODR), 2015 For Submission Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31St March 2025.
16 May - Gretex Corporate Services approved audited standalone and consolidated financial results for FY ended March 31, 2025.
-
Board Meeting Intimation for Approval Of Standalone And Consolidated Audited Financial Results For The Quarter And Year Ended 31St March 2025
9 May - Board meeting on May 16, 2025, to approve FY25 audited financial results.
Annual reports
Concalls
-
Aug 2023TranscriptNotesPPT
Business Overview:[1][2][3]
Company is a SEBI Registered Category I Merchant Banker and offers financial and consultancy services in areas of Capital Markets, Corporate Finance, Corporate Restructuring, Debt Syndication, Compliance Advisory. In FY23, company listed 9 Companies on SME Platform of BSE Limited.