Gretex Corporate Services Ltd
Incorporated in 2008, Gretex Corporate Services Ltd is in the business of Merchant Banking[1]
- Market Cap ₹ 925 Cr.
- Current Price ₹ 395
- High / Low ₹ 406 / 213
- Stock P/E 49.0
- Book Value ₹ 105
- Dividend Yield 0.12 %
- ROCE 13.9 %
- ROE 8.58 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Promoter holding has decreased over last quarter: -1.63%
- Company has a low return on equity of 10.7% over last 3 years.
- Working capital days have increased from 171 days to 260 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 | 117 | 262 | 179 | |
| 3 | 2 | 2 | 2 | 3 | 5 | 68 | 257 | 136 | |
| Operating Profit | -0 | 1 | -1 | 1 | 2 | 9 | 48 | 5 | 43 |
| OPM % | -15% | 22% | -78% | 35% | 38% | 62% | 41% | 2% | 24% |
| 0 | 0 | 0 | 0 | 0 | 16 | 2 | 4 | 1 | |
| 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% | 4% | 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 | 8.05 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 2% | 1% | 55% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 124% |
| 3 Years: | 133% |
| TTM: | -32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 98% |
| 3 Years: | -4% |
| TTM: | 1352% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| 1 Year: | 34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 11% |
| Last Year: | 9% |
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 | 222 |
| 2 | 3 | 4 | 2 | 2 | 0 | 4 | 11 | 15 | |
| 1 | 1 | 1 | 1 | 4 | 10 | 63 | 66 | 83 | |
| Total Liabilities | 8 | 9 | 8 | 10 | 20 | 48 | 177 | 270 | 344 |
| 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 | 159 |
| 1 | 2 | 1 | 2 | 2 | 5 | 86 | 100 | 155 | |
| Total Assets | 8 | 9 | 8 | 10 | 20 | 48 | 177 | 270 | 344 |
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% | -39% | -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 | 21 |
| Inventory Days | 380 | 112 | 545 | ||||||
| Days Payable | 0 | 1 | 7 | ||||||
| Cash Conversion Cycle | 16 | 25 | 49 | 144 | 41 | 15 | 386 | 115 | 559 |
| Working Capital Days | -30 | 45 | -62 | 79 | 50 | -90 | 145 | 109 | 260 |
| ROCE % | 7% | -11% | 13% | 14% | 79% | 50% | 3% | 14% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (LODR)Regulations, 2015
9 May - Gretex signed a mandate with a West Bengal ferro alloys company for SME or NSE Emerge listing.
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Announcement Under Reg 30 - Updates
8 May - Celestial Chakra Trust registered as Category II AIF on May 5, 2026; Gretex entity is sponsor and manager.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May
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Announcement under Regulation 30 (LODR)-Preferential Issue
8 May - Board approved 19.51 lakh warrants at ₹358 each, aggregating ₹69.85 crore, on May 7, 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.