Gretex Corporate Services Ltd
Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]
- Market Cap ₹ 1,215 Cr.
- Current Price ₹ 503
- High / Low ₹ 518 / 213
- Stock P/E 52.7
- Book Value ₹ 72.4
- Dividend Yield 0.14 %
- ROCE 16.7 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 21.2%
Cons
- Promoter holding has decreased over last quarter: -1.63%
- Company has a low return on equity of 12.8% over last 3 years.
- Working capital days have increased from 180 days to 282 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | 3 | 1 | 3 | 4 | 14 | 113 | 262 | 179 | |
| 3 | 2 | 2 | 2 | 3 | 5 | 65 | 257 | 136 | |
| Operating Profit | -0 | 1 | -1 | 1 | 2 | 9 | 48 | 5 | 43 |
| OPM % | -15% | 22% | -78% | 35% | 38% | 62% | 43% | 2% | 24% |
| 0 | 0 | 0 | 0 | 0 | 16 | 2 | 4 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 2 |
| Profit before tax | -0 | 0 | -1 | 1 | 2 | 24 | 47 | 5 | 39 |
| Tax % | 10% | 20% | 1% | 3% | 3% | 9% | 22% | 64% | 30% |
| -1 | 0 | -2 | 1 | 4 | 22 | 37 | 2 | 28 | |
| EPS in Rs | -0.58 | 0.20 | -1.27 | 0.36 | 1.59 | 9.83 | 12.40 | 0.58 | 9.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 2% | 1% | 55% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 124% |
| 3 Years: | 133% |
| TTM: | -32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 106% |
| 3 Years: | 2% |
| TTM: | 1675% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| 1 Year: | 75% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 13% |
| Last Year: | 13% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.65 | 0.65 | 0.65 | 0.90 | 1 | 10 | 12 | 12 | 24 |
| Reserves | 4 | 5 | 3 | 5 | 12 | 28 | 97 | 181 | 146 |
| 2 | 3 | 4 | 2 | 2 | 0 | 4 | 11 | 15 | |
| 1 | 1 | 1 | 1 | 4 | 10 | 63 | 66 | 79 | |
| Total Liabilities | 8 | 9 | 8 | 10 | 20 | 48 | 177 | 270 | 263 |
| 4 | 3 | 3 | 3 | 9 | 10 | 41 | 41 | 30 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 4 | 4 | 5 | 8 | 33 | 50 | 129 | 59 |
| 1 | 2 | 1 | 2 | 2 | 5 | 86 | 100 | 174 | |
| Total Assets | 8 | 9 | 8 | 10 | 20 | 48 | 177 | 270 | 263 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -0 | 0 | -0 | 1 | 2 | 10 | -19 | -31 | -28 | |
| 1 | -0 | -0 | -1 | -4 | -8 | -37 | 2 | -9 | |
| -0 | 0 | 1 | 1 | 3 | -2 | 67 | 28 | 26 | |
| Net Cash Flow | -0 | 0 | 0 | 0 | 0 | 1 | 12 | -2 | -11 |
| Free Cash Flow | 0 | 0 | -1 | 0 | 2 | 9 | -45 | -35 | -29 |
| CFO/OP | 50% | 36% | 52% | 50% | 113% | 120% | -38% | -321% | -49% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 25 | 49 | 144 | 41 | 15 | 7 | 3 | 20 |
| Inventory Days | 363 | 112 | 623 | ||||||
| Days Payable | 0 | 1 | 7 | ||||||
| Cash Conversion Cycle | 16 | 25 | 49 | 144 | 41 | 15 | 369 | 115 | 636 |
| Working Capital Days | -30 | 45 | -62 | 79 | 50 | -90 | 150 | 109 | 282 |
| ROCE % | 7% | -11% | 13% | 14% | 79% | 50% | 3% | 17% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
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| Cumulative public issues executed count ・Standalone data |
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| Number of broking retail clients count |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Jul - Intimation regarding publication of Notice related to AGM, Dividend and other related matters after dispatching Annual Report to the shareholders.
- Reg. 34 (1) Annual Report. 8 Jul
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jul - Intimation regarding publication of Notice of AGM, Final Dividend and other related matters.
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Announcement under Regulation 30 (LODR)-Change in Management
30 Jun - Deepak Navinchandra Shah resigned as Sales-Vice President Director effective June 30, 2026.
Annual reports
Concalls
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Jan 2026Transcript PPT
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Nov 2025Transcript PPT
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Aug 2023TranscriptAI SummaryPPT
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.