Gretex Corporate Services Ltd
Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]
- Market Cap ₹ 631 Cr.
- Current Price ₹ 548
- High / Low ₹ 564 / 183
- Stock P/E 21.7
- Book Value ₹ 87.5
- Dividend Yield 0.09 %
- ROCE 59.9 %
- ROE 44.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 159% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.8%
Cons
- Working capital days have increased from 26.3 days to 125 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
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 | |
|---|---|---|---|---|---|---|---|
| 2 | 3 | 1 | 3 | 4 | 13 | 138 | |
| 3 | 2 | 2 | 2 | 3 | 5 | 90 | |
| Operating Profit | -0 | 1 | -1 | 1 | 1 | 7 | 49 |
| OPM % | -15% | 22% | -83% | 32% | 35% | 59% | 35% |
| 0 | 0 | 0 | 0 | 1 | 2 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Profit before tax | -0 | 0 | -1 | 1 | 2 | 9 | 53 |
| Tax % | -10% | 20% | -1% | 3% | 3% | 24% | 25% |
| -1 | 0 | -2 | 1 | 4 | 18 | 40 | |
| EPS in Rs | -1.16 | 0.40 | -2.54 | 0.69 | 3.05 | 15.34 | 24.85 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 3% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 113% |
| 3 Years: | 259% |
| TTM: | 996% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 159% |
| 3 Years: | 293% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 194% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 50% |
| Last Year: | 44% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 10 | 12 |
| Reserves | 4 | 5 | 3 | 5 | 12 | 21 | 89 |
| 2 | 3 | 4 | 2 | 2 | 0 | 4 | |
| 1 | 1 | 1 | 1 | 4 | 10 | 63 | |
| Total Liabilities | 8 | 9 | 8 | 10 | 20 | 41 | 168 |
| 4 | 3 | 3 | 3 | 9 | 10 | 35 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 4 | 4 | 5 | 8 | 26 | 47 |
| 1 | 2 | 1 | 2 | 2 | 5 | 86 | |
| Total Assets | 8 | 9 | 8 | 10 | 20 | 41 | 168 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| -0 | 0 | -0 | 1 | 2 | 20 | ||
| 1 | -0 | -0 | -1 | -4 | -17 | ||
| -0 | 0 | 1 | 1 | 3 | -2 | ||
| Net Cash Flow | -0 | 0 | 0 | 0 | 0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 25 | 51 | 152 | 43 | 17 | 6 |
| Inventory Days | 285 | ||||||
| Days Payable | 0 | ||||||
| Cash Conversion Cycle | 16 | 25 | 51 | 152 | 43 | 17 | 291 |
| Working Capital Days | -30 | 45 | -63 | 82 | 53 | -99 | 125 |
| ROCE % | 7% | -11% | 11% | 12% | 27% |
Documents
Announcements
- Notice For Extra Ordinary General Meeting (EGM) And Intimation Of Book Closure And Fixation Of Cut-Off Date For E-Voting, Period Of Remote E-Voting. 1d
- Announcement under Regulation 30 (LODR)-Change in Directorate 18 Apr
- Board Meeting Outcome for Outcome Of Board Meeting Held On 17Th April, 2024 18 Apr
- Announcement under Regulation 30 (LODR)-Resignation of Director 18 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 16 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.