Gretex Corporate Services Ltd

Gretex Corporate Services Ltd

₹ 498 16.61%
19 Apr - close price
About

Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]

Key Points

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.

  • Market Cap 574 Cr.
  • Current Price 498
  • High / Low 513 / 183
  • Stock P/E 19.7
  • Book Value 87.5
  • Dividend Yield 0.10 %
  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Dec 2023 Mar 2024
1 7 44 83
1 2 21 59
Operating Profit -0 5 23 25
OPM % -36% 71% 53% 30%
1 17 2 3
Interest 0 0 -0 0
Depreciation -0 0 0 2
Profit before tax 1 21 25 25
Tax % -12% 6% 24% 28%
1 20 19 18
EPS in Rs 0.66 18.63 16.26 24.85
Raw PDF

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: 167%
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%

Shareholding Pattern

Numbers in percentages

Sep 2021Mar 2022Sep 2022Oct 2022Mar 2023Sep 2023
73.48% 73.48% 73.48% 73.48% 69.61% 66.24%
26.52% 26.52% 26.52% 26.51% 30.39% 33.76%
No. of Shareholders 123848210596924

Documents