Gretex Corporate Services Ltd
Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]
- Market Cap ₹ 624 Cr.
- Current Price ₹ 542
- High / Low ₹ 569 / 183
- Stock P/E 82.8
- Book Value ₹ 67.8
- Dividend Yield 0.09 %
- ROCE 21.1 %
- ROE 15.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 97.6% CAGR over last 5 years
Cons
- Stock is trading at 7.99 times its book value
- Debtor days have increased from 32.2 to 40.6 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 | |
|---|---|---|---|---|---|---|---|
| 2.36 | 3.15 | 1.15 | 3.14 | 4.37 | 14.07 | 19.44 | |
| 2.64 | 2.46 | 2.11 | 2.05 | 2.71 | 6.07 | 10.95 | |
| Operating Profit | -0.28 | 0.69 | -0.96 | 1.09 | 1.66 | 8.00 | 8.49 |
| OPM % | -11.86% | 21.90% | -83.48% | 34.71% | 37.99% | 56.86% | 43.67% |
| 0.18 | 0.01 | 0.31 | 0.11 | 0.38 | -0.05 | 2.03 | |
| Interest | 0.23 | 0.24 | 0.33 | 0.30 | 0.30 | 0.22 | 0.03 |
| Depreciation | 0.16 | 0.16 | 0.16 | 0.15 | 0.17 | 0.25 | 0.48 |
| Profit before tax | -0.49 | 0.30 | -1.14 | 0.75 | 1.57 | 7.48 | 10.01 |
| Tax % | -10.20% | 20.00% | -1.75% | 2.67% | 2.55% | 24.33% | 25.67% |
| -0.54 | 0.25 | -1.16 | 0.72 | 1.52 | 5.66 | 7.44 | |
| EPS in Rs | -0.86 | 0.40 | -1.84 | 0.80 | 1.30 | 4.92 | 6.46 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 9.05% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 84% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 98% |
| 3 Years: | 119% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 186% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 20% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.65 | 0.65 | 0.65 | 0.90 | 1.14 | 10.24 | 11.52 |
| Reserves | 4.42 | 4.70 | 3.54 | 6.02 | 11.02 | 7.58 | 66.61 |
| 2.02 | 2.70 | 3.64 | 2.50 | 1.97 | 0.01 | 0.31 | |
| 0.71 | 1.42 | 1.01 | 1.34 | 1.10 | 5.95 | 4.03 | |
| Total Liabilities | 7.80 | 9.47 | 8.84 | 10.76 | 15.23 | 23.78 | 82.47 |
| 3.51 | 3.41 | 3.28 | 3.18 | 3.27 | 4.02 | 11.77 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.52 | 3.90 | 4.32 | 5.47 | 10.08 | 16.83 | 65.25 |
| 0.77 | 2.16 | 1.24 | 2.11 | 1.88 | 2.93 | 5.45 | |
| Total Assets | 7.80 | 9.47 | 8.84 | 10.76 | 15.23 | 23.78 | 82.47 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -0.35 | 0.18 | -0.50 | 0.54 | 2.17 | 9.04 | 2.53 | |
| 0.68 | -0.43 | -0.31 | -1.03 | -4.73 | -7.10 | -27.97 | |
| -0.36 | 0.36 | 0.84 | 0.58 | 2.93 | -2.16 | 25.98 | |
| Net Cash Flow | -0.03 | 0.11 | 0.03 | 0.10 | 0.38 | -0.22 | 0.54 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 15.47 | 25.49 | 50.78 | 144.14 | 40.93 | 15.05 | 40.56 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 15.47 | 25.49 | 50.78 | 144.14 | 40.93 | 15.05 | 40.56 |
| Working Capital Days | -7.73 | 45.19 | -63.48 | 79.04 | 22.55 | -83.01 | 6.01 |
| ROCE % | 7.13% | -10.20% | 12.17% | 15.88% | 48.62% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Compliances-Reg.24(A)-Annual Secretarial Compliance 27 Apr
- CERTIFICATE UNDER REGULATION 40(9) OF THE SEBI (LODR) REGULATIONS FOR THE YEAR ENDED MARCH 31, 2024 27 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Period Ended 31St March, 2024 27 Apr
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 27 Apr
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.