Gretex Industries Ltd
Incorporated in 2009, Gretex Industries Ltd is in the business of trading of musical instruments[1]
- Market Cap ₹ 27.3 Cr.
- Current Price ₹ 64.8
- High / Low ₹ 64.8 / 37.4
- Stock P/E 36.8
- Book Value ₹ 12.3
- Dividend Yield 0.00 %
- ROCE 13.0 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.27 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 3.71 | 2.38 | 9.62 | 13.06 | 22.74 | 28.61 | |
| 2.71 | 2.22 | 8.74 | 12.89 | 21.85 | 27.39 | |
| Operating Profit | 1.00 | 0.16 | 0.88 | 0.17 | 0.89 | 1.22 |
| OPM % | 26.95% | 6.72% | 9.15% | 1.30% | 3.91% | 4.26% |
| 0.04 | -1.56 | -1.00 | 0.28 | 0.10 | 0.12 | |
| Interest | 0.21 | 0.16 | 0.01 | 0.04 | 0.07 | 0.11 |
| Depreciation | 0.45 | 0.50 | 0.07 | 0.05 | 0.04 | 0.06 |
| Profit before tax | 0.38 | -2.06 | -0.20 | 0.36 | 0.88 | 1.17 |
| Tax % | 36.84% | 22.82% | -55.00% | -47.22% | 23.86% | |
| 0.24 | -1.59 | -0.32 | 0.54 | 0.66 | 0.74 | |
| EPS in Rs | 0.76 | -3.78 | -0.76 | 1.28 | 1.52 | 1.75 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 82% |
| 1 Year: | 25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3.16 | 4.21 | 4.21 | 4.21 | 4.21 | 4.21 |
| Reserves | 0.30 | -0.39 | -0.73 | -0.19 | 0.46 | 0.96 |
| 2.71 | 1.16 | 0.03 | 0.82 | 4.44 | 10.53 | |
| 0.66 | 0.45 | 0.89 | 1.15 | 1.56 | 2.54 | |
| Total Liabilities | 6.83 | 5.43 | 4.40 | 5.99 | 10.67 | 18.24 |
| 3.80 | 1.33 | 0.08 | 0.05 | 0.71 | 0.69 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.69 | 0.57 | 0.00 | 0.00 | 0.02 | 6.45 |
| 2.34 | 3.53 | 4.32 | 5.94 | 9.94 | 11.10 | |
| Total Assets | 6.83 | 5.43 | 4.40 | 5.99 | 10.67 | 18.24 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 0.05 | -2.28 | -0.18 | -0.28 | 0.40 | |
| -0.36 | 1.12 | 0.16 | 0.38 | -0.68 | |
| 0.38 | 1.12 | -0.04 | -0.04 | -0.07 | |
| Net Cash Flow | 0.06 | -0.04 | -0.05 | 0.06 | -0.36 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 125.93 | 177.90 | 37.56 | 28.23 | 34.35 |
| Inventory Days | 74.17 | 417.83 | 86.86 | 108.94 | 68.26 |
| Days Payable | 54.65 | 105.66 | 34.23 | 19.24 | 8.88 |
| Cash Conversion Cycle | 145.45 | 490.07 | 90.19 | 117.93 | 93.73 |
| Working Capital Days | 125.93 | 384.94 | 108.13 | 120.74 | 100.64 |
| ROCE % | -7.00% | 9.21% | 12.97% |
Documents
Announcements
No data available.
Business Overview:[1][2]
Company is the Sole authorized distributor
of Musical Instruments, Professional Audio
& Audio Visual products in Eastern & North
Eastern India for globally renowned brands.