Gretex Corporate Services Ltd
Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]
- Market Cap ₹ 675 Cr.
- Current Price ₹ 298
- High / Low ₹ 461 / 214
- Stock P/E 519
- Book Value ₹ 85.5
- Dividend Yield 0.11 %
- ROCE 2.69 %
- ROE 0.86 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 92.9%
Cons
- Promoter holding has decreased over last quarter: -2.22%
- Earnings include an other income of Rs.6.86 Cr.
- Working capital days have increased from 56.8 days to 110 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 2 | 3 | 1 | 3 | 4 | 14 | 113 | 259 | |
| 3 | 2 | 2 | 2 | 3 | 5 | 65 | 257 | |
| Operating Profit | -0 | 1 | -1 | 1 | 2 | 9 | 48 | 1 |
| OPM % | -15% | 22% | -78% | 35% | 38% | 62% | 43% | 1% |
| 0 | 0 | 0 | 0 | 0 | 16 | 2 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 |
| Profit before tax | -0 | 0 | -1 | 1 | 2 | 24 | 47 | 5 |
| Tax % | 10% | 20% | 1% | 4% | 3% | 9% | 22% | 64% |
| -1 | 0 | -2 | 1 | 4 | 22 | 37 | 2 | |
| EPS in Rs | -0.58 | 0.20 | -1.27 | 0.36 | 1.59 | 9.83 | 12.40 | 0.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 2% | 1% | 275% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 194% |
| 3 Years: | 290% |
| TTM: | 129% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | -29% |
| TTM: | -95% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 184% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 20% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 3 | 5 | 12 | 28 | 97 | 181 |
| 2 | 3 | 4 | 2 | 2 | 0 | 4 | 11 | |
| 1 | 1 | 1 | 1 | 4 | 10 | 63 | 66 | |
| Total Liabilities | 8 | 9 | 8 | 10 | 20 | 48 | 177 | 270 |
| 4 | 3 | 3 | 3 | 9 | 10 | 41 | 41 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 4 | 4 | 5 | 8 | 33 | 50 | 129 |
| 1 | 2 | 1 | 2 | 2 | 5 | 86 | 100 | |
| Total Assets | 8 | 9 | 8 | 10 | 20 | 48 | 177 | 270 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -0 | 0 | -0 | 1 | 2 | 10 | -19 | -31 | |
| 1 | -0 | -0 | -1 | -4 | -8 | -37 | 2 | |
| -0 | 0 | 1 | 0 | 3 | -2 | 67 | 28 | |
| Net Cash Flow | -0 | 0 | 0 | 0 | 0 | 1 | 12 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 25 | 49 | 144 | 41 | 15 | 7 | 3 |
| Inventory Days | 363 | 112 | ||||||
| Days Payable | 0 | 1 | ||||||
| Cash Conversion Cycle | 16 | 25 | 49 | 144 | 41 | 15 | 369 | 115 |
| Working Capital Days | -30 | 45 | -62 | 79 | 50 | -90 | 150 | 110 |
| ROCE % | 7% | -11% | 13% | 14% | 79% | 50% | 3% |
Documents
Announcements
-
Announcement Under Regulation 30 Of SEBI (LODR), 2015 For Re-Submission Of Application For Migration From SME Platform Of BSE To The Main Board Of NSE And BSE.
7 Jun - Company reapplies for migration from BSE SME to NSE main board on 7 June 2025.
-
Disclosure Of Secretarial Compliance Report Pursuant To Regulation 24A Of SEBI(LODR), 2015.
7 Jun - Secretarial Compliance Report notes delayed March 2024 results submission, INR 1.35 lakh fine imposed.
-
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.
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.